Question
The Caraway Seed Company grows heirloom tomatoes and sells their seeds. The heirloom tomato plants are preferred by many growers for their superior flavor. At
The Caraway Seed Company grows heirloom tomatoes and sells their seeds. The heirloom tomato plants are preferred by many growers for their superior flavor. At the end of the most recent year the firm had current assets of $ 49 comma 700
$49,700, net fixed assets of $ 248 comma 100
$248,100, current liabilities of $ 30 comma 300
$30,300, and long-term debt of $ 100 comma 500
$100,500.
a.Calculate Caraway's stockholders' equity.
b. What is the firm's net working capital?
c.If Caraway's current liabilities consist of $ 19 comma 600
$19,600 in accounts payable and $ 10 comma 700
$10,700 in short-term debt (notes payable), what is the firm's net working capital?
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