Use the information provided for Harding Company to answer the question that follow. Harding Company Accounts payable $28,964 Accounts receivable 68,886 Accrued liabilities 6,201 Cash 24,643 Intangible assets 36,219 Inventory 82,083 Long-term investments 110,383 Long-term liabilities 74,925 Notes payable (short-term) 25,719 Property, plant, and equipment 654,228 Prepaid expenses 1,639 Temporary investments 30,841 Based on the data for Harding Company, what is the amount of working capital? a.$1,008,922 b.$208,092 c.$652,589 d.$147,208
Use the information provided for Harding Company to answer the question that follow. Harding Company Accounts payable $28,964 Accounts receivable 68,886 Accrued liabilities 6,201 Cash 24,643 Intangible assets 36,219 Inventory 82,083 Long-term investments 110,383 Long-term liabilities 74,925 Notes payable (short-term) 25,719 Property, plant, and equipment 654,228 Prepaid expenses 1,639 Temporary investments 30,841 Based on the data for Harding Company, what is the amount of working capital? a.$1,008,922 b.$208,092 c.$652,589 d.$147,208
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...
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Use the information provided for Harding Company to answer the question that follow.
Harding Company Accounts payable $28,964 Accounts receivable 68,886 Accrued liabilities 6,201 Cash 24,643 Intangible assets 36,219 Inventory 82,083 Long-term investments 110,383 Long-term liabilities 74,925 Notes payable (short-term) 25,719 Property, plant, and equipment 654,228 Prepaid expenses 1,639 Temporary investments 30,841 Based on the data for Harding Company, what is the amount of
working capital ?a.$1,008,922b.$208,092c.$652,589d.$147,208
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