(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 $ 48 comma 800, net fixed assets of $ 248 comma 800, current liabilities of $ 28 comma 500, and long-term debt of $ 98 comma 200. a. Calculate Caraway's stockholders' equity. b. What is the firm's net working capital? c. If Caraway's current liabilities consist of $ 18 comma 500 in accounts payable and $ 10 comma 000 in short-term debt (notes payable), what is the firm's net working capital? a. Calculate Caraway's stockholders' equity.

A. $170,900

B. $20,300

C. $ 19,800

Explanation:

A. Accounting Equation ;

Assets = Equity + Liabilities

Therefore  Equity = Assets - Liabilities

Total Assets - Caraway Seed Company

Current assets                 $ 48,800

Net fixed assets             $ 248,800

Total Assets                   $ 297,600

Total Liabilities - Caraway Seed Company

current liabilities   $ 28,500

long-term debt     $ 98,200

Total                      $126,700

Equity = $ 297,600 -  $126,700 = $170,900

B. Net working capital = Current Assets - Current liabilities

                                 =  $ 48,800 - $ 28,500

                                 =  $20,300

C. Net working capital = Current Assets - Current liabilities

                                     = $ 48,800 - ( $18,500 + 10,500)

                                     = $ 19,800

answer; comparing the additional benefits and costs;