MGMT 5123 Week 1 MyFinanceLab Assignment

P3-11 (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 flavour. At the end of the most recent year the firm had current assets of $48,700, net fixed assets of $251,000. Current liabilities of $30,700, and long-term debt of $99,700

  1. Calculate Caraway’s stockholders equity
  2. What is firm’s net working capital?
  3. If Caraway’s current liabilities consist of $19,700 in accounts payable and $11,000 in short term debt (notes payable), what is the firm’s net working capital?

Click here to Find all Assignments for MGMT 5123 Course Didn’t find your answers? Don’t worry we are here to help you! Ask Questions

Course: MGMT 5123 Finance & Accounting for Non Finance Managers
School: Southern Wesleyan University

  • 17/10/2017
  • 10
Available CoursesAsk Questions & Chat Now
Welcome to!

Click on Peter below to initiate a chat with him on WhatsApp to receive help Anonymously.

× Messages us on WhatsApp & Get Help!