Please answer the questions below

QUESTION 31 What is the effect on the balance sheet of recording a $200 cash purchase of raw materials? A. Assets decrease by $200 and stockholders' equity decreases by $200. B. Assets and stockholders' equity do not change. OC. Assets increase by $200 and stockholders' equity increases by $200. D. Assets increase by $200 and stockholders' equity does not change. QUESTION 32 each quarter? Expected number of clients for the year are: What are the expected average quarterly costs of running a consulting practice if fixed costs are expected to be $4.000 a month and variable costs are expected to be $100 per client Jan-March April-June July-Sep Oct-Dec 110 140 150 100 A. $12.500 OB. $24,500 OC.$16.500 OD. $19,500 QUESTION 33 Mama's Company sells a product at $50 per unit that has unit variable costs of S20. The company's break-even sales point in sales dollars is $150,000. How much profit will the company make if it sells 4,000 units? A. $210,000 B. $120,000 C. $60.000 OD. $30,000 QUESTION 34 Balloon Co.'s magnitude of operating leverage is 1.B when sales are $200,000 and net income is $24,000. If sales increase by 5%, what is net income expected to be? O A $25,200 OB. $25,160 o C. $24.667 OD-543,200 QUESTION 35 The following income statement is provided for Jake company for the current year: $ 100.000 Sales revenue (2.500 units X $40 per unit) Cost of goods sold (variable: 2,500 units * $16 per unit) Cost of goods sold (fixed Gross margin Administrative salaries Depreciation Supplies 2,500 units x $4 per unit) (40,000) (8,000) 52,000 (12,000) (8,000) (10,000) Net income $ 22,000 What amount was the company's contribution margin? A. $50,000. B. $22.000 C $52,000. $60,000