Question: 30. please show work Use the following information to answer question 30 and 31. 2016 Revenues 12000 COGS 4000 SG&A 2000 Depreciation 500 Operating Income

30. please show work
30. please show work Use the following information to answer question 30

Use the following information to answer question 30 and 31. 2016 Revenues 12000 COGS 4000 SG&A 2000 Depreciation 500 Operating Income 5,500 Debt 20,000 30. Assume this is a cyclical company. In the last recession sales fell 15%. Assume that in 2016 COGS was 75% variable. Fill in the chart below for your downside case. Revenues COGS SG&A Depreciation Operating Income Debt

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