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If the tax rate is 34 percent, what is the cash flow from assets for the year? (round to nearest $) PARROTHEAD ENTERPRISES PARROTHEAD ENTERPRISES

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If the tax rate is 34 percent, what is the cash flow from assets for the year? (round to nearest $)

PARROTHEAD ENTERPRISES PARROTHEAD ENTERPRISES 2014 and 2015 Partial Balance Sheets 2015 Income Statement Assets Liabilities & Owners' Equity Sales 12,006 2015 2014 2015 2014 Costs 5,230 Current 994 962 Current liabilities 333 408 Depreciation 1,005 assets Net fixed 3,610 4,438 Long-term debt 2,040 2,279 Interest 105 assets

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