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 500
$49,500, net fixed assets of $ 248 comma 100
$248,100, current liabilities of $ 30 comma 900
$30,900, andlong-term debt of $ 101 comma 600
$101,600.
a.CalculateCaraway's stockholders' equity.
b. What is thefirm's net workingcapital?
c.IfCaraway's current liabilities consist of $ 21 comma 200
$21,200 in accounts payable and $ 9 comma 700
$9,700 inshort-term debt(notes payable), what is thefirm's net workingcapital?
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