Use the information provided for Harding Company to answer the question that follow. Harding Company Accounts payable $38,916 Accounts receivable 74,415 Accrued liabilities 6,825 Cash 21,504 Intangible assets 44,690 Inventory 86,306 Long-term investments 96,392 Long-term liabilities 73,076 Notes payable (short-term) 27,058 Property, plant, and equipment 640,527 Prepaid expenses 1,874 Temporary investments 39,418 Based on the data for Harding Company, what is the amount of working capital? Oa. $1,005,126 Ob. $638,653 c. $150,718 Od. $223,517

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
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Use the information provided for Harding Company to answer the question that follow.
Harding Company
Accounts payable
$38,916
Accounts receivable
74,415
Accrued liabilities
6,825
Cash
21,504
Intangible assets
44,690
Inventory
86,306
Long-term investments
96,392
Long-term liabilities
73,076
Notes payable (short-term)
27,058
Property, plant, and equipment
640,527
Prepaid expenses
1,874
Temporary investments
39,418
Based on the data for Harding Company, what is the amount of working capital?
Oa. $1,005,126
Ob. $638,653
c. $150,718
Od. $223,517
Transcribed Image Text:Use the information provided for Harding Company to answer the question that follow. Harding Company Accounts payable $38,916 Accounts receivable 74,415 Accrued liabilities 6,825 Cash 21,504 Intangible assets 44,690 Inventory 86,306 Long-term investments 96,392 Long-term liabilities 73,076 Notes payable (short-term) 27,058 Property, plant, and equipment 640,527 Prepaid expenses 1,874 Temporary investments 39,418 Based on the data for Harding Company, what is the amount of working capital? Oa. $1,005,126 Ob. $638,653 c. $150,718 Od. $223,517
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