Question

TUU Tidve ure Tonowing tinancial macun audut Berkeley Automobile Company. Please use this information to answer the following questions Berkeley Automobile Company Inc. (000's) 2018 2019 Sales $ 9,500 $ 14,000 Net Fixed Assets $ 10,800 $ 9,650 Inventory $ 3,100 $ 4,513 Cost of Goods Sold $ 6,900 $ 9,242 Interest $ 300 $ 390 Cash $ 575 $ 550 Common Stock (APIC) $ 2,500 $ 2,500 Depreciation $ 375 $ 355 Accounts Receivable $ 1,600 $ 4,891 Accounts Payable $ 2,400 $3,750 Long-Term Debt $ 3,500 $ 4,145 Tax Rate 34% 34% Dividends $ 824 $ 1,115 Common Shares Outstanding 200 200 Book Value Per Share $ 50.88 $ 58.54 Price / Earnings Multiple (PE) 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. 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 (5 Points). III. Please complete the Shareholder's Equity 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).

Answer 1

Page-1 Answer: As per the given question, the following answer is the balance sheet for Berkeley Automobiles: Berkeley Automobiles Company Balance Sheet Dec-3jt Description 31/1213 Bilialia Description 3112118 31/12lia current Amount Amount Current Amount Amount Assets $ $ liabilities $ Inventory $3100 $4513. Accounts $2400 $3750 payable cash $575 $550 Accounts ($1600 $4891 Tota )$5275 $9954 receivable Total $2400 $3750

Page-2 Lorgbem 31/12/17 31/12/19 home to 201218 su paling Net fixed $10800 $9650 Long term $3500 $4145 assets B) de bit Total liabilities ay $5900 $7895 shareholders Equity stock holders p10175 $11709 equity portion Total Shareholder $10175 $11709 equity (8) Total $16075 $19604 i Lillier $16075 $19604 (AB) Total assets (A+B)

Page-3 Book value per share a total common stock holders equity portion number of common share Total common stock holders Book valueſ share) & equity portion no of common share 2018 2019 Book value per share $50.88 $58.54 common shavee outstanding $20000 $200.00 Common stock holders $10,175:54 $11708-89 | equity portion of with this positive If you are ans were please thumps up. satisfied give a