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 $48,900, net fixed assets of $249,000, current liabilities of $29,600, and long-term debt of $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 $21,200 in accounts payable and $8,400 in short-term debt (notes payable), what is the firm's net working capital?
a. Caraway's Stock Holders's equity =Net Fixed assets +Current
assets -Current liabilities -Long term debt
=249000+48900-29600-100500 =167800
b. Firm's net working capital =Current Assets -Current Liabilities
=48900-29600 =19300
c. Net Working capital will remain same at 19300.
The Caraway Seed Company grows heirloom tomatoes and sells their seeds. The heirloom tomato plants are...
(Working with the balance sheet) 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 comma 900$51,900, net fixed assets of $ 249 comma 600$249,600, current liabilities of $ 31 comma 900$31,900, and long-term debt of $ 100 comma 600$100,600. a. Calculate Caraway's stockholders' equity. b. What is the firm's...
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A1 G E D E Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy/paste a formula across a row or down a column, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used, the directions will specifty the use of that function. Do not type in numerical data into a cell or...
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cir Caraway's currell HD (notes payable), what is the firm's net working capital? 7. A scrambled list of accounts from the income statement and balance sheet of Belmond, Inc. is found below Belmond, Ing. Balance Sheet 16.610 Cash 9.500 Belmond, Inc. Accounts Receivable Inventories 6.550 Income Statement Current Assets 32.66O $ Revenues 12,720 Buildings and Equipment 122,040 5,760 LOS: Accumulated Depreciation -34.120 Cost of Goods Sold 6,960 Not Piant and Equipment 87,020 Gross Profit Total Assets 120,670 1,380 Operating Expenses...
Drop-down options: (number value), (number value), (number
value), (1.37x, 0.40x, 2.50x, 1.33x), (increase, decrease, stay
same).
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