1 answer

Calculator Use the information below for Harding Company to answer the question that follow. Accounts payable...

Question:

Calculator Use the information below for Harding Company to answer the question that follow. Accounts payable $30,563 Accounts receivable Accrued liabilities Cash 73,056 6,695 23,684 44,197 80,274 113,267 73,794 38,168 27,267 640,784 Intangible assets Long-term investments Long-term labilities Marketable securities Notes payable (short -term) Property, plant, and equipment Prepaid expensers Based on the data for Harding Company, what is the amount of working capital? Oa. $152.927 30 2,270
Calculator Use the information below for Harding Company to answer the question that follow. Accounts payable $30,563 Accounts receivable Accrued liabilities Cash 73,056 6,695 23,684 44,197 80,274 113,267 73,794 38,168 27,267 640,784 Intangible assets Long-term investments Long-term labilities Marketable securities Notes payable (short -term) Property, plant, and equipment Prepaid expensers Based on the data for Harding Company, what is the amount of working capital? Oa. $152.927 30 2,270

Answers

Answer:- Working capital = Current Assets - Current Liabilities
=$217452-$64525=$152927

Current Assets = Accounts receivable $73056 + Cash $23684 + Inventory $80274 + Marketable securities $38168 + Prepaid expenses $2270 = $217452


Current Liabilities = Accounts payable $30563 + Accrued liabilities $6695 + Notes payable (short-term) $27267 = $64525

.

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