Answer Happy

Check my work Year t-1 £ Year t £ Year t-1 £ Year t £ 653 707 Current liabilities Current assets Non-current assets 261 293 2.691 3,240 Non-current liabilities 1,422 1,512 Parrothead Enterprises Yeart Income Statement Sales Costs Depreciation Interest paid E 8,280 3,861 738 211 1661 Required: a. What is owners' equity for year t-1? Owners' equity for t-1 What is owners' equity for yeart? Owners' equity fort b. What is the change in net working capital for year t? 1481 Change in net working capital c. In yeart, Parrothead Enterprises had capital expenditure of £1,350. How much in non- current assets did Parrothead Enterprises sell?
Required: a. What is owners' equity for year t-1? Owners' equity for t-1 E 1661 What is owners' equity for year t? € 1481 S Owners' equity for t b. What is the change in net working capital for year t? Change in net working capital c. In yeart, Parrothead Enterprises had capital expenditure of £1,350. How much in non- current assets did Parrothead Enterprises sell? Non-current assets sold £ What is the cash flow from investing activities for the year? (The tax rate is 28 per cent.) Cash flow from investing activities $ d. During year t, Parrothead Enterprises raised £270 in new long-term debt. How much long-term debt must Parrothead Enterprises have paid off during the year? Long-term debt paid off What is the cash flow from financing activities? Cash flow from financing activities