User Account

All Pages

What is the change in net working capital

Assignment Help Finance Basics
Reference no: EM13962941

Consider the following abbreviated financial statements for Parrothead Enterprises:

PARROTHEAD ENTERPRISES 2014 and 2015 Partial Balance Sheets

Assets
Liabilities and Owners' Equity

2014 2015
2014 2015
  Current assets $944 $1,004 Current liabilities $380 $413
  Net fixed assets 3,877 4,596 Long-term debt 2,031 2,192 

PARROTHEAD ENTERPRISES2015 Income Statement
  Sales $12,245
  Costs 5,885
  Depreciation 1,000
  Interest paid 180

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?

Reference no: EM13962941

Questions Cloud

What is the inductance l of the primary of a transformer : What is the inductance L of the primary of a transformer whose input is 220 V at 60 Hz and the current drawn is 5.8A? Assume no current in the secondary.
Prepare a brief memorandum for the president explaining how : Prepare a brief memorandum for the president explaining how his revised assumptions affect the cash budget.
Raw material or to schedule additional labor hours : Skilled labor is required to produce the handles and the blades. Cheaper unskilled labor is used to assemble and package the final products.  There is sufficient storage area of store the finished product prior to shipping. Assume all raw material..
Conduct a contextual analysis of an organisation : The size and constitution to be determined with the class facilitator, and to play the role of organisational consultants and to conduct a contextual analysis of an organisation.
What is the change in net working capital : What is owners' equity for 2014 and 2015? What is the change in net working capital for 2015? In 2015, Parrothead Enterprises purchased $1,870 in new fixed assets. How much in fixed assets did Parrothead Enterprises sell
Linear programming problem : Consider the following linear programming problem: A workshop of Peter's Potters makes vases and pitchers. Profit on a vase is $3.00; profit on a pitcher is $4.00. Each vase requires ½ hour of labor, each pitcher requires 1 hour of labor.
Prepare a schedule of expected cash collections : If the company needs a minimum cash balance of $20,000 to start each month, can the loan be repaid as planned?Explain
Computer algorithms and programs : Do a search using an Internet search engine and discuss some of the many computer algorithms and programs that exist to solve linear programming problems.
The net electric field due to the particles is zero at x = d : A nonconducting sphere has radius R=2.31cm and uniformly distributed charge q = +3.50fC. Take the electric potential at the sphere's center to be Vo = 0.

Reviews

Write a Review

Finance Basics Questions & Answers

  Uniform or triangular distributions are used in the absence

Uniform or triangular distributions are used in the absence of data

  The following statements compare a highly liquid asset

the following statements compare a highly liquid asset against an otherwise similar illiquid asset. which statement is

  Assume that kish inc hired you as a consultant to help

assume that kish inc. hired you as a consultant to help estimate its cost of common equity. you have obtained the

  Discuss at least two risk factors for companies

Discuss at least two risk factors for companies in international commerce beyond currency exchange rate risk.

  On march 14 2013 the dow jones industrial average set a new

on march 14 2013 the dow jones industrial average set a new high. the index closed at 14539.14 which was up from the

  Which bond will give you the highest capital gain

What is the duration if the yield to maturity is 8.0% - Which bond will give you the highest capital gain?

  Compute percentage return

Suppose you buy hundred shares of Sadia Fund at the offering price of $40.00. There is no front- or back-end load, but the operating expense ratio is 2.0 percent.

  Using all this information what is the expected return for

for walt disney company find an estimate of beta for your company. you might consider examiningusing an industry

  Compute and interpret financial ratios

Compute and interpret financial ratios. Evaluate investment proposals. Apply knowledge to decide appropriate financing plan and dividend policy

  The corner bakery has a debt-equity ratio of 062 the firms

a. the djh corporation just paid a dividend of 2.75 . it expects its cash dividends to grow 6.0 per year forever.

  Te bonds mature in 11 years and have 1000 face value

bonds issued by stainless tubs bear an 8 coupon rate payable semiannually. the bonds mature in 11 years and have a

  Genesis newly established operations management team

external financinggenesis newly established operations management team decided to seek outside assistance in developing

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