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Consider the following abbreviated financial statements for Parrothead Enterprises: PARROTHEAD ENTERPRISES 2017 and 2018 Partial Balance Sheets Assets Liabilities and Owners Equity 2017 2018 2017

Consider the following abbreviated financial statements for Parrothead Enterprises:

PARROTHEAD ENTERPRISES 2017 and 2018 Partial Balance Sheets
Assets Liabilities and Owners Equity
2017 2018 2017 2018
Current assets $ 1,314 $ 1,451 Current liabilities $ 608 $ 649
Net fixed assets 5,099 6,186 Long-term debt 2,826 3,011

PARROTHEAD ENTERPRISES 2018 income statement:

Sales = 16,162

costs = 7,297

depreciation = 1,471

interest paid = 460

a. What is owners' equity for 2017 and 2018? (Do not round intermediate calculations.)
b. What is the change in net working capital for 2018? (Do not round intermediate calculations.)
c-1. In 2018, Parrothead Enterprises purchased $2,712 in new fixed assets. How much in fixed assets did Parrothead Enterprises sell? (Do not round intermediate calculations.)
c-2. In 2018, Parrothead Enterprises purchased $2,712 in new fixed assets. What is the cash flow from assets for the year? The tax rate is 22 percent. (Do not round intermediate calculations.)
d-1. During 2018, Parrothead Enterprises raised $594 in new long-term debt. How much long-term debt must Parrothead Enterprises have paid off during the year? (Do not round intermediate calculations.)
d-2.

During 2018, Parrothead Enterprises raised $594 in new long-term debt. What is the cash flow to creditors? (Do not round intermediate calculation)

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