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25. Use the information provided for Harding Company to answer the question that follow. Harding Company Accounts payable $29,809 Accounts receivable 60,870 Accrued liabilities 6,692

25.

Use the information provided for Harding Company to answer the question that follow.

Harding Company
Accounts payable $29,809
Accounts receivable 60,870
Accrued liabilities 6,692
Cash 18,613
Intangible assets 40,142
Inventory 84,071
Long-term investments 104,137
Long-term liabilities 73,774
Notes payable (short-term) 21,163
Property, plant, and equipment 668,591
Prepaid expenses 1,516
Temporary investments 34,421

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

a.$667,075

b.$199,491

c.$1,012,361

d.$141,827

26. Ramiro Company purchased 40% of the outstanding stock of Marco Company on January 1. Marco reported net income of $73,600 and declared dividends of $17,000 during the year. How much would Ramiro adjust its investment in Marco Company under the equity method?

Decrease or Increase? of $__________

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