Use the information provided for Harding Company to answer the question that follow. Harding Company Accounts payable $36,068 Accounts receivable 67,962 Accrued liabilities 6,331 Cash 21,747 Intangible assets 38,687 Inventory 88,371 Long-term investments 111,372 Long-term liabilities 75,442 Notes payable (short-term) 25,371 Property, plant, and equipment 645,701 Prepaid expenses 2,435 Temporary investments 31,403 Based on the data for Harding Company, what is the amount of working capital? a.$1,007,678 b.$643,266 c.$144,148 d.$211,918

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
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Use the information provided for Harding Company to answer the question that follow.

Harding Company
Accounts payable $36,068
Accounts receivable 67,962
Accrued liabilities 6,331
Cash 21,747
Intangible assets 38,687
Inventory 88,371
Long-term investments 111,372
Long-term liabilities 75,442
Notes payable (short-term) 25,371
Property, plant, and equipment 645,701
Prepaid expenses 2,435
Temporary investments 31,403

Based on the data for Harding Company, what is the amount of working capital?

a.$1,007,678

b.$643,266

c.$144,148

d.$211,918

 

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