Harding Company Accounts payable Accounts receivable Accrued liabilities Cash Intangible assets Inventory Long-term investments Long-term liabilities Marketable securities Notes payable (short-term) Property, plant, and equipment Prepaid expenses $ 40,000 65,000 7,000 +30,000 40,000 --72,000 110,000 75,000 36,000 30,000 625,000 2,000 Current Assets-ch 30. Based on the data for Harding Company, what is the amount of working capital? a $238,000 b. $128.000 68 c. $168,000 d. $203,000 31. Based on the data for Harding Company, what is the amount of quick assets? a. $205,000 b. $203,000 c. $131,000 d. $66,000 32. Based on the data for Harding Company, what is the quick ratio, rounded to one decimal point? a. 27 b. 2.6 c. 1.7 d. 0.9 33. An acceleration in the collection of receivables will tend to cause the accounts receivable tumover to a. decrease b. remain the same c. either increase or decrease d. increase 34. The current ratio is a. used to evaluate a company's liquidity and short-term debt paying ability b. a solvency measure that indicates the margin of safety for bondholders c. calculated by dividing current liabilities by current assets d. calculated by subtracting current liabilities from current assets