QUESTION 58 Steves Bicycle Repair Shop, Inc, has $150,000 in assets (ools refurbished bikes, parts) Owners equity is the full $150,000 Now Steve wants to borrow $10.000 in order to stock new bikes. This will the owners equity in the company add to subtract from not change QUESTION 59 A clothing retailer had an excellent summer season, selling out at a healthy profit all the ensembles it purchased. As part of the promotion, customers do not pay for any purchases until the beginning of next year What does this mean for this year? Zero profits and negative change in cash Negative profits and no change in cash Positive profits and positive change in cash Positive profits and negative change in cash Negative profits and negative change in cash