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Consider the following abbreviated financial statements for Parrothead Enterprises: a . What is owners' equity for 2 0 2 3 and 2 0 2 4
Consider the following abbreviated financial statements for Parrothead Enterprises:
a What is owners' equity for and
Note: Do not round intermediate calculations.
b What is the change in net working capital for
Note: Do not round intermediate calculations.
c In Parrothead Enterprises purchased $ in new fixed assets. How much in fixed assets did
Parrothead Enterprises sell?
Note: Do not round intermediate calculations.
c In Parrothead Enterprises purchased $ in new fixed assets. What is the cash flow from assets
for the year? The tax rate is percent.
Note: Do not round intermediate calculations and round your answer to the nearest whole number, eg
d During Parrothead Enterprises raised $ in new longterm debt. How much longterm debt must
Parrothead Enterprises have paid off during the year?
Note: Do not round intermediate calculations.
d During Parrothead Enterprises raised $ in new longterm debt. What is the cash flow to
creditors?
Note: Do not round intermediate calculations.
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