e the information provided for Harding Company to answer the question that follow. Harding Company Accounts payable $34,251 Accounts receivable 69,478 Accrued liabilities 6,529 Cash 23,300 Intangible assets 36,101 Inventory 89,377 Long-term investments 104,908 Long-term liabilities 70,482 Notes payable (short-term) 21,433 Property, plant, and equipment 695,698 Prepaid expenses 1,772 Temporary investments 39,777 Based on the data for Harding Company, what is the amount of working capital? a. $223,704 b. $1,060,411 c. $693,926 d. $161,491
e the information provided for Harding Company to answer the question that follow. Harding Company Accounts payable $34,251 Accounts receivable 69,478 Accrued liabilities 6,529 Cash 23,300 Intangible assets 36,101 Inventory 89,377 Long-term investments 104,908 Long-term liabilities 70,482 Notes payable (short-term) 21,433 Property, plant, and equipment 695,698 Prepaid expenses 1,772 Temporary investments 39,777 Based on the data for Harding Company, what is the amount of working capital? a. $223,704 b. $1,060,411 c. $693,926 d. $161,491
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Use the information provided for Harding Company to answer the question that follow.
| Harding Company | |
| Accounts payable | $34,251 |
| 69,478 | |
| Accrued liabilities | 6,529 |
| Cash | 23,300 |
| Intangible assets | 36,101 |
| Inventory | 89,377 |
| Long-term investments | 104,908 |
| Long-term liabilities | 70,482 |
| Notes payable (short-term) | 21,433 |
| Property, plant, and equipment | 695,698 |
| Prepaid expenses | 1,772 |
| Temporary investments | 39,777 |
Based on the data for Harding Company, what is the amount of
a. $223,704
b. $1,060,411
c. $693,926
d. $161,491
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