Consider the following abbreviated financial statements for Parrothead Enterprises:

PARROTHEAD ENTERPRISES 2010 and 2011 Partial Balance Sheets
Assets								Liabilities and Owners Equity
		2010			2011					2010			2011
Current assets	$	954		$	1,024			Current liabilities	$	390		$	419
Net fixed assets		3,857			4,616			Long-term debt		2,041			2,217

PARROTHEAD ENTERPRISES 2011 Income Statement
Sales	$	12,720
Costs		6,060
Depreciation		1,080
Interest paid		200

a.	What is owners' equity for 2010 and 2011?

Owners' equity 2010	$
Owners' equity 2011	$

b.	What is the change in net working capital for 2011?

Change in NWC

$

c-1	In 2011, Parrothead Enterprises purchased $1,895 in new fixed assets. How much in fixed assets did Parrothead Enterprises sell?

Fixed assets sold

$

c-2	In 2011, Parrothead Enterprises purchased $1,895 in new fixed assets. What is the cash flow from assets for the year? (The tax rate is 35 percent.)

Cash flow from assets

$

d-1	During 2011, Parrothead Enterprises raised $410 in new long-term debt. How much long-term debt must Parrothead Enterprises have paid off during the year?

Debt retired

$

d-2	During 2011, Parrothead Enterprises raised $410 in new long-term debt. What is the cash flow to creditors?

Cash flow to creditors

$