Question
In: Accounting
1. Use the information below for Harding Company to answer the question that follows. Harding Company...
1. Use the information below for Harding Company to answer the question that follows.
| Harding Company | |
| Accounts payable | $30,752 |
| Accounts receivable | 74,184 |
| Accrued liabilities | 6,245 |
| Cash | 17,689 |
| Intangible assets | 43,598 |
| Inventory | 73,050 |
| Long-term investments | 111,677 |
| Long-term liabilities | 75,025 |
| Marketable securities | 32,134 |
| Notes payable (short-term) | 24,768 |
| Property, plant, and equipment | 684,473 |
| Prepaid expenses | 2,257 |
Based on the data for Harding Company, what is the amount of working capital?
a.$682,216
b.$1,039,062
c.$137,549
d.$199,314
2.
Zoe Corporation has the following information for the month of March.
| Cost of direct materials used in production | $16,373 |
| Direct labor | 25,594 |
| Factory overhead | 32,221 |
| Work in process inventory, March 1 | 18,679 |
| Work in process inventory, March 31 | 18,291 |
| Finished goods inventory, March 1 | 22,420 |
| Finished goods inventory, March 31 | 25,008 |
a. Determine the cost of goods
manufactured.
$
b. Determine the cost of goods sold.
$
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ekkarill92 answered 2 years agoRelated Solutions
Use the information below for Harding Company to answer the question that follow. Harding Company Accounts...
Use the information below for Harding Company to answer the
question that follow. Harding Company Accounts payable $ 40,000
Accounts receivable 65,000 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 Based on the data for Harding
Company, what is the quick ratio, rounded to one decimal point? a.
1.7 b. 2.7 c. 2.6 d. 0.9
PLEASE PLEASE ANSWER AS SOON AS POSSIBLE. 1. Use the information below for Harding Company to...
PLEASE PLEASE ANSWER AS SOON AS POSSIBLE.
1. Use the information below for Harding Company to answer the
question that follow.
Harding Company
Accounts payable
$27,565
Accounts receivable
71,510
Accrued liabilities
6,541
Cash
16,862
Intangible assets
42,141
Inventory
77,866
Long-term investments
103,355
Long-term liabilities
70,445
Marketable securities
33,752
Notes payable (short-term)
23,329
Property, plant, and equipment
622,170
Prepaid expenses
2,338
Based on the data for Harding Company, what is the amount of
working capital?
a.$969,994
b.$202,328
c.$619,832
d.$144,893
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17,300 units
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Region II, anticipated sales
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The Agrinimia Macroeconomy
Output (Income)
Y
Net Taxes
T
Consumption Spending
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Savings
S
Planned
Investment
I
Government
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100
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130
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130
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3250
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130
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Y
Net Taxes
T
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S
Planned
Investment
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Government
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G
2400
100
2170
130
130
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2800
100
2530
170
130
200
3000
100
2710
190
130
200
3200
100
2890
210
130
200
3400
100
3070
230
130
200
3600
100
3250
250
130
200
3800
100
3430
270
130...
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