What is the firm net working capital

Assignment Help Accounting Basics
Reference no: EM133099636

Question - 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 $51,600, net fixed assets of $250,500, current liabilities of $28,200, and long-term debt of $98,300.

Required -

a. Calculate Caraway's stockholders' equity.

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

c. If Caraway's current liabilities consist of $19,900 in accounts payable and $8,300 in short-term debt (notes payable), what is the firm's net working capital?

Reference no: EM133099636

Questions Cloud

Case-honda plus co ltd : Honda Plus was established in 1946. The father of Honda Katsuhiro, the present chairperson, started Honda Cellophane Industry in Sinjo City, Aichi.
Prepare the journal entries for Novak : Novak completes installation on October 15, 2020, and the customer pays the balance due. Prepare the journal entries for Novak in 2020
Article on human rights : Please read the article on human rights. Select 10 human rights and discuss
Robust risk management plan : Do you believe that if an organization has a robust risk management plan and runs annual risk assessment drills, does this totally remove them from liability?
What is the firm net working capital : If Caraway current liabilities consist of $19,900 in accounts payable and $8,300 in short-term debt (notes payable) what is the firm net working capital
MAT 510 Business Statistics Assignment : MAT 510 Business Statistics Assignment Help and Solution, Strayer University - Homework Help - Construct the appropriate null and alternative hypotheses
Management team of the company : The management team of Keumbu Sugar Company in Kenya wants to formulate strategic objectives and develop robust strategies to achieve the objectives.
What are the functions of management : This week's chapter examines the roles leaders play within sport organizations.
The station nightclub fire : Describe the development of fire safety codes, inspection procedures, and enforcement.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Review latest comprehensive annual financial report

(Individual research) Visit the web site of a state or local government to review its latest Comprehensive Annual Financial Report (CAFR).

  Calculate the balance of receivable from factor

Calculate the Balance of Receivable from Factor after recording receipt of the check from the bank as final settlement of the factoring, under without recourse

  Recent values for these three variables

Find the most recent values for these three variables: (1) Unemployed (UNEMPLOY), Civilian Employment (CE16OV), (2) Employment Level - Part-Time for Economic Reasons, All Industries (LNS12032194), and (3) Not in Labor Force, Searched for Work and ..

  Calculate the operating margin ratio

Using the Income Statement, calculate the operating margin ratio for Year 4. How well does the company measure in terms of operating efficiency?

  Discuss what is the accounting rate of return

If the salvage value of the equipment is estimated to be $250,000, what is the accounting rate of return

  What amount is current versus long-term

Prepare journal entries for 2015 and 2016, assuming Bret Enterprises prepares quarterly financial statements. what amount is current versus long-term?

  Show separate scfs for p and s

Show separate SCFs for P and S for the year 2006 (for S it will be from July 1, 2006 to December 31, 2006) using the indirect method and show a consolidated SCF for 2006

  Excerpts from goodrow corporations most recent balance

excerpts from goodrow corporations most recent balance sheet and income statement appear below year 2 year 1 total

  How would you expect the two firms compensation plans for

consider the following two separate firms. one firm manufactures flexible packaging films for the snack bakery

  What is the personnel cost allocated to division a

Cincinnati Million, Inc. operates two user divisions as separate cost objects. To determine the costs of each division, the company allocates common costs to the divisions.

  At the end of the year overhead applied was 35000000 actual

at the end of the year overhead applied was 35000000. actual overhead was 34200000. closing overunder applied overhead

  How much of retained earnings is available for dividends

Cash of $2,000 had been set aside for the plant expansion. How much of retained earnings is available for dividends

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd