Question
Q2) The Caraway Seed Company grows heirloom tomatoes and sells their seeds. The plants are preferred by many tomato growers for their superior flavor. At
Q2) The Caraway Seed Company grows heirloom tomatoes and sells their seeds. The plants are preferred by many tomato growers for their superior flavor. At the end of the most recent year the firm had current assets of $50,000; net fixed assets of $250,000; current liabilities of $30,000 and long term liabilities of $100,000.
Calculate Caraways stockholders equity?
What is the firms net working capital?
If there are extra current liabilities of $15,000 for accounts payable and $10,000 for short term debt, what will be the firms net working capital (current assets remaining the same)?
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