BERLIN EXPORTS CORPORATION WAV Balance Sheet Cash Accounts Receivables Inventories Total Current Assets Fixed Assets, Net Total Assets 2012 $50,000 200,000 450.000 700,000 300.000 $1,000,000 2013 $50,000 300,000 570,000 920,000 e 380.000- $1,300,000 4 Accounts Payable Accruals Bank Loan Total Current Liabilities Long-Term Debt Common Stock ($.05 par) Additional Paid-in-Capital Retained Earnings Total Liab. & Equity 130,000 50,000 90.000 270,000 400,000 50,000 200,000 80.000 $1,000,000 $180,000 70,000 90.000 340,000 550,000 50,000 200,000 160.000 $1,300,000 Income Statement Net Sales Cost of Goods Sold Gross Profit Marketing General & Administrative Depreciation EBIT Interest Earnings Before Taxes Income Taxes (40% rate) Net Income 2012 $1,300,000 780,000 520,000 130,000 150,000 40.000 200,000 45.000 155,000 62.000 $93,000 2013 $1,600,000 960.000 640,000+ 160,000 150.000 55.000 275,000 55,000 220,000 88,000 S132,000- A. Estimate Berlin's EBDAT breakeven in terms of survival revenues. B. Estimate the dollar amount of survival revenues actually needed by the Berlin Products Company to reach EBDAT breakeven in 2013 given that more debt was obtained, and interest expenses increased to $55,000. C. Use year-end data to calculate the current ratio, the quick ratio, and the net working capital (NIC) to total assets ratio for 2012 and 2013 for the Berlin Company. What changes occurred? F. Determine the rate of return on assets in each of the two years for the Berlin Products.- 0 21