Use the information below for Harding Company to answer the question that follow

Question

Use the information below for Harding Company to answer the question that follow. Harding Company $34,150 67,515 6,243 17,508 37,716 85,537 103,031 70,656 31,588 27,851 652,374 2,195 Accounts payable Accounts recelvable Accrued liabilities Cash Intangible assets Inventory Long-term investments Long-term liabilities Marketable securities Notes payable (short-term) Property, plant, and equipment Prepaid expenses Based on the data for Harding Company, what is the amount of working capital? a. $650,179 b. $136,099 Oc. $997,464 . $204,343

Explanation / Answer

Working capital = Current assets-Current liabilities = (67515+17508+85537+31588+2195)-(34150+6243+27851)= 136099 Option B is correct

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