Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $32,441 Accounts receivable 62,838 Accrued liabilities 6,445 Cash 23,006 Intangible assets 41,037 Inventory 84,374 Long-term investments 95,861 Long-term liabilities 72,719 Marketable securities 34,097 Notes payable (short-term) 29,992 Property, plant, and equipment 694,005 Prepaid expenses 1,051 Based on the data for Harding Company, what is the amount of quick assets?

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 $32,441
Accounts receivable 62,838
Accrued liabilities 6,445
Cash 23,006
Intangible assets 41,037
Inventory 84,374
Long-term investments 95,861
Long-term liabilities 72,719
Marketable securities 34,097
Notes payable (short-term) 29,992
Property, plant, and equipment 694,005
Prepaid expenses 1,051

Based on the data for Harding Company, what is the amount of quick assets?

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