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 51,400, net fixed assets of 250,500, current liabilities of 31,500, and long-term debt of 98,700.
a.Calculate Caraway's stockholders' equity.
b. What is the firm's net working capital?
c.If Caraway's current liabilities consist of $18,900 in accounts payable and $12,600 in short-term debt (notes payable), what is the firm's net working capital?
a.Calculate Caraway's stockholders' equity.
Caraway's stockholders' equity is
(Round to the nearest dollar.)
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