please help answer these questions for this. much appreciated my chegg team! GO CHEGG

BALANCE SHEET December 31, 2018 2018 Sales (12,000 units@$50/unit) raw materials ($30/unit) labor ($3/unit) $600,000 Liabilities Assets $360,000 $36,000 $4,000 $50,000 $50,000 Total Liabilities $100,000) Cash Accounts Receivable $20,000 Current Liabilities $30,000 Long Term Debt $100,000 scrap ($0.33 per unit) Inventory COGS ($33.33/unit) $400,000 $200,000 Current Assets $150,000 Gross Profit ($16.67 per unit) warehousing transportation other expenses Shareholder Equity $100,000 Net Fixed Assets $50,000 $70,000 $24,000 Total Liabilities and Equity $200,000 Total Assets $200,000 $6,000 $100,000 $50,000 $50,000 EBIT interest/taxes Net Profit Bonus is paid on ROA exceeding 25 %. An average manager makes $50,000 per year and will receive a $2000 bonus for every point of ROA above 25 % Questions 1 and 2 are worth 1 point each. Questions 3-8 are worth 3 points each. 1. ROA: Return On Assets (%)- profits/assets 2. Inventory turns = COGS/Inventory 3. Must do an expedited delivery of 100 units costing $20 per unit in transportation costs. Will you make or lose money on this transaction? 4. Through good management practices you are able to double your inventory turns. COGS remained the same, but inventory was cut in half. What effect will this have on ROA? If no other numbers change, what will be the new ROA? 5. Using a reverse auction, Purchasing is able to reduce raw materlals by $0.25 per unit. How will this affect ROA? If no other numbers change, what will be the new ROA? 6. Through more efficient packaging, raw material cost is reduced by 5 % and transportation expense is reduced by 10 %. What Is the effect on ROA? If no other numbers change, what will be the new ROA? 7. Using a streamlined EDI billing process, the company is able to convert accounts receivables to cash much faster, which will reduce accounts receivable, but increase cash at the end of the year. How will this affect the company's financial picture at the end of the year? 8. Please take a moment to reflect on this exercise and write approximately five sentences describing what you have learned