Eli Lilly is very excited because sales for his nursery and plant company are expected to increase from $610,000 to $1,290,000 next year. Eli's net assets (assets - liabilities) will remain at 50 percent of sales. His firm will enjoy an 6 percent return on total sales. He will begin the year with $140,000 in the bank and is already bragging about the Jaguar and luxury townhouse he will buy. a. Does his optimistic outlook for his cash position appear to be justified? Yes No b. Compute the likely cash balance for the end of the year. (Negative answers should be indicated by a minus sign.) Cash balance $ Digitex Inc. had sales of 10,000 units in March. A 40 percent increase is expected in April. The company will maintain 15 percent of expected unit sales for April in ending inventory. Beginning inventory for April was equal to 500 units. How many units should the company produce in April? Units to be produced The Harmon Corporation manufactures bats with Larry Walker's autograph stamped on them. Each bat sells for $41 and has a variable cost of $22. There is $34,000 in fixed costs involved in the production process. a. Compute the break-even point in units. (Round the final answer to the nearest whole number.) Break-even point bats b. Find the sales (in units) needed to earn a profit of $16,350. (Round the final answer to the nearest whole number.) Sales bats