i need help with 26,27,28,29 and 30

22. (2 Pts) The casiest way to improve labor costs is to a. Train the workforce to increase productivity: b. Reduce the number of higher paid unskilled workers. c. Implement management sikills. d. Do quality control checks throughout various stages of the manufacturing process. 23. (2 P(s) Cash available to pay non operational expenses such as taxes and principal and interest payments on debt is found on the listed as a. Balance Sheet/Current Assets b. Income Statement / Net Income c. Balance Sheet/Retained Earnings d. Income Statement/EBITDA 24. (2 Pts) The accounting definition of working capital is: a. Assets minus liabilities equal working capital. b. Current assets divided by current liabilities equal working capital. c. Current assets minus current liabilities equal working capital. d. Money in the till. 25. (2 Pts) In order to increase gross margin percentage, one should a. Sell more units b. Raise prices c. Reduce fixed costs d. All of the above 26. (3 Pts) This hypothetical applies to the next five questions. You just completed your first year in business. You're working harder and making less than you planned. You recall someone saying that gross profit margin important. If first year coGS were $720,000 on sales of $1,500,000, how much profit are you losing if the average gross margin from your industry scorecard is 55% ? Show your work. 27. (2 Pts) What is the most likely culprit for the lower than average gross profit? a. Low sales b. Too much inventory c. High liabilities d. Low productivity 28. (2 Pts) Upon analysis, you discover that your bookkeeper routinely paid for materials only when due. If materials costs were $500,000, and haif of your vendor purchases offer 2%.10 Net 30 terms, how much could you improve gross margin if taking advantage of the discount? a. $14,400 b. $10,000 c. $5,000 d. $2,500 29. (2 Pts) You calculate total variable expenses of $800,000. What is your CM\%? Show your work. 30. (5 Pts) Using the CM\% calculated in question #29, how much must you make in sales to achieve a target net profit margin of 15% if fixed costs are $650.000 ? (SHOW YOUR WORK)