Question $2,$ P$3-11($similar to$)$

Part $1$ of $3$

HW Score: $6\%,3$ of $50$ points

Points: $0$ of $4$

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Part $1$

$($Related to Checkpoint$3\mathrm{.}2)($Working with the balance$$ sheet$)$The Caraway Seed Company grows heirloom tomatoes and sells their seeds. The heirloom tomato plants are preferred by many growers for their superior flavor. At the end of the most recent year the firm had current assets of $ $51$ comma $500,$ net fixed assets of $ $251$ comma $100,$ current liabilities of $ $30$ comma $000,$ and$$ long$-$term debt of $ $98$ comma $500.$

a$.$Calculate$$ Caraway's stockholders' equity.

b$.$ What is the$$ firm's net working$$ capital?

c$.$If$$ Caraway's current liabilities consist of $ $21$ comma $100$ in accounts payable and $ $8$ comma $900$ in$$ short$-$term debt$($notes payable$),$ what is the$$ firm's net working$$ capital?