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Consider the following abbreviated financial statements for Parrothead Enterprises: a. What is owners' equity for 2014 and 2015? b. What is the change in net
Consider the following abbreviated financial statements for Parrothead Enterprises: a. What is owners' equity for 2014 and 2015? b. What is the change in net working capital for 2015? In 2015. Parrothead Enterprises purchased $1, 800 in new fixed assets. How much in fixed assets did Parrothead Enterprises sell? In 2015, Parrothead Enterprises purchased $1, 800 in new fixed assets. What is the cash flow from assets for the year? (The tax rate is 30 percent.) During 2015, Parrothead Enterprises raised S370 in new long-term debt. How much long-term debt must Parrothead Enterprises have paid off during the year? During 2015, Parrothead Enterprises raised S370 in new long-term debt. What is the cash flow to creditors
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