Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $39,415 Accounts receivable 65,067 Accrued liabilities 6,195 Cash 21,671 Intangible assets 41,052 Inventory 85,290 Long-term investments 108,065 Long-term liabilities 73,110 Marketable securities 37,849 Notes payable (short-term) 25,011 Property, plant, and equipment 697,185 Prepaid expenses 2,218 Based on the data for Harding Company, what is the amount of working capital? a.$694,967 b.$212,095 c.$141,474 d.$1,058,397

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Use the information below for Harding Company to answer the question that follow.

Harding Company
Accounts payable $39,415
Accounts receivable 65,067
Accrued liabilities 6,195
Cash 21,671
Intangible assets 41,052
Inventory 85,290
Long-term investments 108,065
Long-term liabilities 73,110
Marketable securities 37,849
Notes payable (short-term) 25,011
Property, plant, and equipment 697,185
Prepaid expenses 2,218

Based on the data for Harding Company, what is the amount of working capital?

a.$694,967
b.$212,095
c.$141,474
d.$1,058,397
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