What would the companys net income (bottom line) be if taxes could be reduced to 2%? 1. $33,320 2. $28,900 3. $34,000 4. $32,300 1a. What would the companys net income (bottom line) be if the company pressured suppliers for lower prices (cost/unit) from $1.50/unit to $1.30/unit? 1. $37,200 2. $74,000 3. $34,000 4. $37,240 1b. What would the companys net income (bottom line) be if an advertising campaign was created that raised the amount spent on advertising from $5,000 to $8,000 but that campaign resulted in sales revenue rising from 20,000 to 30,000 units? 1. $111,000 2. $72,560 3. $70,560 4. $37,240 1c. What would the companys net income (bottom line) be if the company moved and restructured moving to South Carolina where rent is one third of what it currently is, and offered an incentive program to eliminate a number of highly paid middle managers, which would lower salaries from 20,000 to 13,000? 1. $81,340 2. $70,000 3. $77,420 4. $83,000 } 1d. Assume that the company has 14,000 shares outstanding. Using the formula Basic Earnings Per Share = Net Income / Number of Shares Outstanding, calculate Earnings Per Share (EPS). 1. $5.93 2. $6.25 3. $5.53 4. $5.81