. Harding Company $40,000 Accounts payable 65,000 Accounts receivable Accrued liabilities 7,000 Cash 30,000 Intangible assets 40,000...
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Harding Company $40,000 Accounts payable 65,000 Accounts receivable Accrued liabilities 7,000 Cash 30,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 110,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 30,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 What is the amount of working capital? a. $238,000 b. $168,000 C. $128,000 d. $203,000 Harding Company $40,000 Accounts payable 65,000 Accounts receivable Accrued liabilities 7,000 Cash 30,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 110,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 30,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 What is the amount of working capital? a. $238,000 b. $168,000 C. $128,000 d. $203,000
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Financial and Managerial Accounting
ISBN: 978-1285866307
13th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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