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Consider the following abbreviated financial statements for Parrothead Enterprises:
a. What is owners' equity for 2014 and 2015?
b. What is the change in net working capital for 2015?
c-1. In 2015, Parrothead Enterprises purchased $1,870 in new fixed assets. How much in fixed assets did Parrothead Enterprises sell?
c-2. In 2015, Parrothead Enterprises purchased $1,870 in new fixed assets. What is the cash flow from assets for the year? (The tax rate is 35 percent.)
d-1. During 2015, Parrothead Enterprises raised $400 in new long-term debt. How much long-term debt must Parrothead Enterprises have paid off during the year?
d-2. During 2015, Parrothead Enterprises raised $400 in new long-term debt. What is the cash flow to creditors?
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question 1.nbsp in general higher confidence levels provide a a smaller standard error b wider confidence intervals
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