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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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