Question

You have the following fina information to answer the following que e following financial information about Berkeley answer the following questions Sales Net Fixed Assets Inventory Cost of Goods Sold Interest Cash Common Stock (APIC) Depreciation Accounts Receivable Accounts Payable Long-Term Debt Tax Rate Dividends Common Shares Outstanding Book Value Per Share Price / Earnings Multiple (PE) Berkeley Automobile Company Inc. (000's) 2019 2018 $ 14,000 $ 9,500 $ 10,800 $ 9,650 $ 3,100 $ 4,513 $ 6,900 $ 9,242 $ 300 $ 390 $ 575 $ 550 $ 2,500 $ 2,500 $ 375 $ 355 $ 1,600 $ 4,891 $ 2,400 $ 3,750 $ 3,500 $4,145 34% 34% $ 824 $ 1,115 200 200 $ 50.88 $ 58.54 10 11 All balance sheet items are as of 12/31 of that year All income statement items are for the entire year indicated Please complete the asset portion of the balance sheet for Berkeley Automobile Inc. for 2018 and 2019. Enter the balance sheet categories on the "Description" column and the dollar amounts in the "Year" column. Make sure you complete the totals where requested (10 Points). please complete the liabilities portion of the balance sheet for Berkeley Automobile Inc 18 and 2019. Enter the balance sheet categories on the Description dollar amounts in the Year" column. Make sure you complete the totals where requested (5 Points). TIL. Please complete the Shareholder's Equi Automobile Inc. for 2018 and 2019. Ente amnlete the Shareholder's Equity portion of the balance sheet for Bett while Inc for 2018 and 2019. Enter the balance sheet categories on the ollar amounts in the "Year" column. Make sure you Description" column and the dollar amounts in the Year" column. Make complete the totals where requested (10 Points).

Answer 1

1, II & III:

Berkeley Automobile Company Balance Sheet 12/31
Description	12/31/2018	12/31/2019	Description	12/31/2018	12/31/2019
Current Assets	Amount	Amount	Current Liabilities	Amount	Amount
Cash	575	550	Accounts Payable	2,400	3,750
Accounts Receivable	1,600	4,891
Inventory	3,100	4,513
Total	5,275	9,954	Total	2,400	3,750
Long Term Assets			Long Term Liabilities
Net Fixed Assets	10,800	9,650	Long Term Debt	3,500	4,145
			Total Liabilities	5,900	7,895
			Shareholders Equity
			Common Stock	2,500	2,500
			Retained Earnings	7,675	9,209
				10,175	11,709
Total Assets	16,075	19,604		16,075	19,604

IV.

	12/31/2018	12/31/2019
Description	Amount	Amount
Sales	$ 9,500	$ 14,000
Cost of Goods Sold	6,900	9,242
EBITDA	2,600	4,758
Depreciation	375	355
EBIT	2,225	4,403
Interest	300	390
EBT	1,925	4,013
Tax Expense	655	1,364
Net Income	$ 1,270	$ 2,649

5. Net Working Capital :

2018 : $ 5,275 - $ 2,400 = $ 2,875

2019 : $ 9,954 - $ 3,750 = $ 6,204