5. A firm has $600,000 in total assets. Sales are $1,000,000. Inventory is $100,000 Total Debt is 3X total shareholder's equity. How much is Total Debt? Remember the relationship between the two sides of the balance sheet) 6. If a firm's sales increased by 10% in year 1, 20% in year 2, and 30% in year 3 to $6,000. What were the sales at the beginning of year 1? Let X - sales at the beginning of year 1. (x x 1.1 x 1.2 x 1.3 $6,000) Total Assets of a firm are $150,000. In year 1, they increase by 20%, year 2 by 40% year 3 by 30% and in year 4 they decrease by 20%. by the end of year 4? 7. How much are assets 850% of 200% of $1,000 is how much? Zilch Company's sales just went up 30% to a level of$260,000. What were they to begin with? following: 9, (Set up X as previous sales and an equation that indicates the 1 X + .30 X = $260,000 Solve for X.)