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
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: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter10: Long-term Liabilities
Section: Chapter Questions
Problem 10.10E
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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
a.$694,967
b.$212,095
c.$141,474
d.$1,058,397
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