answer 1-4

BALANCESHEET \begin{tabular}{lrlr} Cash & 285 & Oebt & 40 \\ & & & 200 \\ A/R & 15 & Equity & 100 \\ Equipment & & & 30 \\ \hline Inventory & 190 & Prior Earnings & 95 \\ Total Assets & 15 & Retained Earning & 40 \\ \hline \end{tabular} Questions? Please use the space to the right to show your work for partial credit... \#1 We need to pay back the initial $40 loan from Mom. How will this impact the next balance sheet? What will the new Balance Sheet Totals be, if the totals indeed change? \#2. If we grow our Sales Revenue by 10%, changing sales from 115 to 126.50 , and also increasing our COGS also by 10%, but holding all other expenses the same what would our resulting Net Income be? \#3 We have determined that in using the new ice machine we actually use less lemonade per sale so our average COGS per unit is now closer to $.20 for each $1 drink we sell What would COGS be based on a 10% sales increase, but now with COGS per unit sold of $.20 ? \#4 What is the resulting Net Income in the next period if we grow sales by the 10% and also reducing COGS to the $.20/ unit sold? BALANCESHEET \begin{tabular}{lrlr} Cash & 285 & Oebt & 40 \\ & & & 200 \\ A/R & 15 & Equity & 100 \\ Equipment & & & 30 \\ \hline Inventory & 190 & Prior Earnings & 95 \\ Total Assets & 15 & Retained Earning & 40 \\ \hline \end{tabular} Questions? Please use the space to the right to show your work for partial credit... \#1 We need to pay back the initial $40 loan from Mom. How will this impact the next balance sheet? What will the new Balance Sheet Totals be, if the totals indeed change? \#2. If we grow our Sales Revenue by 10%, changing sales from 115 to 126.50 , and also increasing our COGS also by 10%, but holding all other expenses the same what would our resulting Net Income be? \#3 We have determined that in using the new ice machine we actually use less lemonade per sale so our average COGS per unit is now closer to $.20 for each $1 drink we sell What would COGS be based on a 10% sales increase, but now with COGS per unit sold of $.20 ? \#4 What is the resulting Net Income in the next period if we grow sales by the 10% and also reducing COGS to the $.20/ unit sold