Secure l https:// Week 1 6 Saved Help Save & Exit Submit Check my work 4 2017 and 2018 Partial Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 Current assets $1,254 $ 1,371 Current liabilities $ 538 $ 589 2,716 2,891 2017 2018 Net fixed assets 5,029 6,076 Long-term debt 10 points PARROTHEAD ENTERPRISES eBook 2018 Income Statement Sales Costs Depreciation Interest paid 15,682 Print 7,207 1,411 420 a. What is owners' equity for 2017 and 2018? (Do not round intermediate b. What is the change in net working capital for 2018? (Do not round intermediate c-1. In 2018, Parrothead Enterprises purchased $2,592 in new fixed assets. How much calculations.) calculations.) in fixed assets did Parrothead Enterprises sell? (Do not round intermediate calculations.) c-2. In 2018, Parrothead Enterprises purchased $2,592 in new fixed assets. What is the d-1. During 2018, Parrothead Enterprises raised $544 in new long-term debt. How much d-2. During 2018, Parrothead Enterprises raised $544 in new long-term debt. What is the cash flow from assets for the year? The tax rate is 24 percent. (Do not round intermediate calculations.) long-term debt must Parrothead Enterprises have paid off during the year? (Do not round intermediate calculations.) cash flow to creditors? (Do not round intermediate calculations.) Graw 4 of 4 Next>