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30. please show work Use the following information to answer question 30 and 31. 2016 Revenues 12000 COGS 4000 SG&A 2000 Depreciation 500 Operating Income

30. please show work
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Use the following information to answer question 30 and 31. 2016 Revenues 12000 COGS 4000 SG&A 2000 Depreciation 500 Operating Income 5,500 Debt 20,000 30. Assume this is a cyclical company. In the last recession sales fell 15%. Assume that in 2016 COGS was 75% variable. Fill in the chart below for your downside case. Revenues COGS SG&A Depreciation Operating Income Debt

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