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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

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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 $51,000, net fixed assets of $251,900, current liabilities of $29,700, and long-term debt of $101,900. 6. a. Calculate Caraway's stockholders' equity b. What is the firm's net working capital? c. If Caraway's current liabilities consist of $19,300 in accounts payable and $10,400 in short-term debt (notes payable), what is the firm's net working capital? 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 $51,000, net fixed assets of $251,900, current liabilities of $29,700, and long-term debt of $101,900. 6. a. Calculate Caraway's stockholders' equity b. What is the firm's net working capital? c. If Caraway's current liabilities consist of $19,300 in accounts payable and $10,400 in short-term debt (notes payable), what is the firm's net working capital? At the end of its third year of operations, the Sandifer Manufacturing Co. had $4,535,000 in revenues, $3, 351,000 in cost of goods sold, $460,000 in operating expenses which included depreciation expense of $156,000, and a tax liability equal to 34 percent of the firm's taxable income. What is the net income of the firm for the year? 1

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