Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $27,995 Accounts receivable 67,443 Accrued liabilities 6,489 Cash 18,231 Intangible assets 40,910 Inventory 73,225 Long-term investments 110,039 Long-term liabilities 76,849 Marketable securities 33,317 Notes payable (short-term) 26,370 Property, plant, and equipment 606,242 Prepaid expenses 1,687 Based on the data for Harding Company, what is the amount of working capital?

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter10: Long-term Liabilities
Section: Chapter Questions
Problem 10.10E
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Use the information below for Harding Company to answer the question that follow.

Harding Company
Accounts payable $27,995
Accounts receivable 67,443
Accrued liabilities 6,489
Cash 18,231
Intangible assets 40,910
Inventory 73,225
Long-term investments 110,039
Long-term liabilities 76,849
Marketable securities 33,317
Notes payable (short-term) 26,370
Property, plant, and equipment 606,242
Prepaid expenses 1,687

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

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