User Account

All Pages

What is the change in net working capital for 2011

Assignment Help Other Subject
Reference no: EM13899426

Consider the following abbreviated financial statements for Parrothead Enterprises:

PARROTHEAD ENTERPRISES
2010 and 2011 Partial Balance Sheets
Assets Liabilities and Owners' Equity
2010 2011 2010 2011
Current assets $ 954 $ 1,024 Current liabilities $ 390 $ 419
Net fixed assets 3,857 4,616 Long-term debt 2,041 2,217

PARROTHEAD ENTERPRISES
2011 Income Statement
Sales $ 12,720
Costs 6,060
Depreciation 1,080
Interest paid 200

a. What is owners' equity for 2010 and 2011?

Owners' equity 2010 $
Owners' equity 2011 $

b. What is the change in net working capital for 2011?

Change in NWC $

c.

1. In 2011, Parrothead Enterprises purchased $1,895 in new fixed assets. How much in fixed assets did Parrothead Enterprises sell?

Fixed assets sold $

2. In 2011, Parrothead Enterprises purchased $1,895 in new fixed assets. What is the cash flow from assets for the year? (The tax rate is 35 percent.)

Cash flow from assets $

d.

1. During 2011, Parrothead Enterprises raised $410 in new long-term debt. How much long-term debt must Parrothead Enterprises have paid off during the year?

Debt retired $

2. During 2011, Parrothead Enterprises raised $410 in new long-term debt. What is the cash flow to creditors?

Cash flow to creditors $

Reference no: EM13899426

Questions Cloud

How a company influences their ethical environment : How a company influences their ethical environment
What were the considered needs and wants of humans : What were the considered needs and wants of humans? In each case, what were the financial mechanisms that were involved in these issues?
The ratio of volumes : In the reaction 2C8H18 + 25O2 --> 16CO2 + 18 H2O, the ratio of volumes of O2 to CO2 is ?
What are the characteristics of the market itself : What are the characteristics of the market itself? What types of decisions are rendered among the participants of this market?
What is the change in net working capital for 2011 : During 2011, Parrothead Enterprises raised $410 in new long-term debt. How much long-term debt must Parrothead Enterprises have paid off during the year?
Prepare the journal entry to record issuance : Sudoku Company issues 7,000 shares of $ 7 par value common stock in exchange for land and a building
How did this affect your subsequent behavior : How did this affect your subsequent behavior and performance? What lessons have you learned from that experience that will aid you in becoming a better coaching leader
What is the importance of phonemic awareness? : What is the importance of Phonemic awareness?
Sharper corporation common stock is priced : On June 30, 2013, Sharper Corporation's common stock is priced at $ 62 per share before any stock dividend or split, and the stockholders'  equity section of its balance sheet appears as follows.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd