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Consider the following abbreviated financial statements for Parrothead Enterprises: What is owners' equity for 2015 Consider the following abbreviated financial statements for Parrothead Enterprises: PARROTHEAD
Consider the following abbreviated financial statements for Parrothead Enterprises: What is owners' equity for 2015
Consider the following abbreviated financial statements for Parrothead Enterprises: PARROTHEAD ENTERPRISES 2014 and 2015 Partial Balance Sheets PARROTHEAD ENTERPRISES 2015 Income Statement Assets 2015 2014 Liabilities & Owners' Equity 2015 2014 Current assets 900 978 Current liabilities 345 462 Net fixed assets 3,850 4,073 Long-term debt 2,005 2,189 What is owners' equity for 2015? Sales _ Costs Depreciation Interest 12,284 5,591 1,013 150
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