Use the information provided for Harding Company to answer the question that follow. Harding Company Accounts payable $33,881 Accounts receivable 67,862 Accrued liabilities 6,549 Cash 24,569 Intangible assets 44,827 Inventory 81,635 Long-term investments 119,652 Long-term liabilities 79,434 Notes payable (short-term) 27,140 Property, plant, and equipment 665,660 Prepaid expenses 1,979 Temporary investments 38,326 Based on the data for Harding Company, what is the amount of working capital? a.$663,681 b.$214,371 c.$146,801 d.$1,044,510

Use the information provided for Harding Company to answer the question that follow. Harding Company Accounts payable $33,881 Accounts receivable 67,862 Accrued liabilities 6,549 Cash 24,569 Intangible assets 44,827 Inventory 81,635 Long-term investments 119,652 Long-term liabilities 79,434 Notes payable (short-term) 27,140 Property, plant, and equipment 665,660 Prepaid expenses 1,979 Temporary investments 38,326 Based on the data for Harding Company, what is the amount of working capital? a.$663,681 b.$214,371 c.$146,801 d.$1,044,510

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Determine the amount of long-term debt for ABC Co. using the following balance sheet information: cash balance of $24,700, accounts payable of $96,526, common stock of $401,347, retained earnings of $501,930, inventory of $205,420, other assets equal to $77,911, net plant and equipment of $706,520, short-term notes payable of $30,000, and accounts receivable of $142,714. Long-Term Debt %24
Presented below is selected financial data for Teague Industries for the current year: Current assets: Current liabilities Cash and cash equivalents $3503 Accounts payable $5385 Short-term investments 1555 Other current liabilities 2892 Receivables, net 1811 Total current liabilities 8277 Merchandise inventories 6205 Noncurrent liabilities 5196 Other current assets 1975 Shareholders' Equity 6250 Total current assets 15,049 Total liabilities and shareholders' equity $19,723 Noncurrent assets 4674 Total assets $19,723 Revenues $50,826 Costs and Expenses 45,963 Operating Income 4,863 Other income/expense (including interest expense of $60) (36) Income before income tax 4827 Income tax expense (1449) Net income $3378 Previous Years' Financial Data Total Assets $17,020 Shareholders' Equity 4000 The financial leverage for Teague Industries is ________. (Round your answer to two decimal places, X.XX.)
Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $36,767 Accounts receivable 74,993 Accrued liabilities 6,681 Cash 17,378 Intangible assets 41,965 Inventory 83,039 Long-term investments 90,147 Long-term liabilities 70,154 Marketable securities 39,256 Notes payable (short-term) 24,477 Property, plant, and equipment 689,894 Prepaid expenses 1,932 Based on the data for Harding Company, what is the amount of working capital?
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Harding Company Accounts payable $34,411 Accounts receivable 74,965 Accrued liabilities 6,258 Cash 21,193 Intangible assets 37,609 Inventory 78,910 Long-term investments 111,094 Long-term liabilities 73,297 Notes payable (short-term) 28,248 Property, plant, and equipment 613,888 Prepaid expenses 2,504 Temporary investments 36,411 Based on the data for Harding Company, what is the amount of quick assets?
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bartleby, a Learneo, Inc. business

Harding Company
Accounts payable	$33,881
Accounts receivable	67,862
Accrued liabilities	6,549
Cash	24,569
Intangible assets	44,827
Inventory	81,635
Long-term investments	119,652
Long-term liabilities	79,434
Notes payable (short-term)	27,140
Property, plant, and equipment	665,660
Prepaid expenses	1,979
Temporary investments	38,326