Question
(Working with the balancesheet) The Caraway Seed Company grows heirloom tomatoes and sells their seeds. The heirloom tomato plants are preferred by many growers for
(Working with the balancesheet)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 900
$49,900, net fixed assets of $ 249 600
$249,600, current liabilities of $ 29 900
$29,900, andlong-term debt of $ 99500
$99,500.
a.CalculateCaraway's stockholders' equity.
b. What is thefirm's net workingcapital?
c.IfCaraway's current liabilities consist of $ 19200
$19,200 in accounts payable and $ 10700
$10,700 inshort-term debt(notes payable), what is thefirm's net workingcapital?
a.CalculateCaraway's stockholders' equity.
Caraway's stockholders' equity is $
. (Round to the nearestdollar.)
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