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PARROTHEAD ENTERPRISE 2 0 2 1 Income Statement a . What is owners' equity for 2 0 2 0 and 2 0 2 1 ?

PARROTHEAD ENTERPRISE
2021 Income Statement
a. What is owners' equity for 2020 and 2021?(Do not round Intermedlate
calculatlons and round your answer to the nearest whole number, e.g.,32.)
b. What is the change in net working capital for 2021?(Do not round Intermedlate
calculatlons and round your answer to the nearest whole number, e.g.,32.)
c-1. In 2021, Parrothead Enterprises purchased $2,580 in new fixed assets. How much
in fixed assets did the company sell? (Do not round Intermedlate colculatlons and
round your answer to the nearest whole number, e.g.,32.)
c-2. In 2021, Parrothead Enterprises purchased $2,580 in new fixed assets. What is the
cash flow from assets for the year? The tax rate is 23 percent. (Do not round
Intermedlete calculetions and round your onswer to the neorest whole number,
e.g.,32.)
d-1. During 2021, Parrothead Enterprises raised $539 in new long-term debt. How much
long-term debt must Parrothead Enterprises have paid off during the year? (Do not
round Intermedlate calculations and round your answer to the nearest whole
number, e.g.,32.)
d-2 During 2021, Parrothead Enterprises raised $539 in new long-term debt. What is
the cash flow to creditors? (Do not round Intermedlate colculatlons and round
your answer to the nearest whole number, e.g.,32.)
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