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PARROTHEAD ENTERPRISES 2017 and 2018 Partial Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets $1,260 $1,379 Current liabilities $545 $595
PARROTHEAD ENTERPRISES
2017 and 2018 Partial Balance Sheets
Assets Liabilities and Owners' Equity
2017 2018 2017 2018
Current assets $1,260 $1,379 Current liabilities $545 $595
Net fixed assets 5,036 6,087 Long-term debt 2,727 2,903
PARROTHEAD ENTERPRISES
2018 Income Statement
Sales $15,730
Costs 7,216
Depreciation 1,417
Interest paid 424
In 2018, Parrothead Enterprises purchased $2,604 in new fixed assets. What is the cash flow from assets for the year? The tax rate is 21 percent
CASH FLOW FROM ASSETS?
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