5/12/2017 Page 1 Front Page Page 2 Stocks & Bonds Page 3 Financial Summary Page 4 Production Analysis Annual Report Andrews COMP­XM® INQUIRER Page 5 Thrift Segment Analysis Page 6 Core Segment Analysis Page 7 Nano Segment Analysis Page 8 Elite Segment Analysis Annual Report Baldwin Page 9 Market Share Page 10 Perceptual Map Page 11 HR/TQM Report Annual Report Chester Annual Report Digby PRINT http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 1/21 5/12/2017 COMP­XM® INQUIRER Top " Round: 2 Dec. 31, 2018 Rosemary Kawam Student: Rosemary Kawam Andrews Rosemary Kawam Baldwin Chester Digby Selected Financial Statistics ROS Asset Turnover ROA Leverage (Assets/Equity) ROE Emergency Loan Sales EBIT Profits Cumulative Profit SG&A / Sales Contrib. Margin % COMP­XM® INQUIRER Andrews 12.6% 1.32 16.6% 1.4 23.1% $0 $180,420,457 $39,051,833 $22,710,490 $27,855,077 8.3% 37.1% Baldwin ­1.9% 0.70 ­1.4% 2.9 ­4.0% $0 $153,871,702 $12,818,347 ($2,999,444) $3,514,593 9.0% 32.6% Chester 0.4% 0.69 0.2% 2.6 0.6% $0 $140,691,056 $15,630,302 $495,934 $5,404,423 12.0% 34.4% Digby 8.5% 1.21 10.3% 1.9 20.1% $0 $164,316,715 $28,530,325 $14,044,190 $25,736,508 7.4% 34.2% Page 1 http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 2/21 5/12/2017 COMP­XM® INQUIRER Top Stocks & Bonds Round: 2 Rosemary Kawam December 31 , 2018 Stock Market Summary Company Andrews Baldwin Chester Digby Close $86.89 $27.12 $35.51 $74.09 Change $15.23 ($13.37) ($10.98) $9.87 Shares 2,031,751 2,975,834 2,625,735 1,932,553 MarketCap ($M) $177 $81 $93 $143 Book Value $48.43 $25.20 $30.58 $36.11 EPS $11.18 ($1.01) $0.19 $7.27 Dividend $0.00 $0.00 $0.00 $0.00 Yield 0.0% 0.0% 0.0% 0.0% P/E 7.8 ­26.9 187.0 10.2 Bond Market Summary Company Andrews Baldwin Chester Digby Series# Face Yield Close$ S&P 11.2S2023 11.9S2024 11.4S2027 $8,837,000 $7,072,000 $5,888,000 11.0% 11.3% 10.9% 102.24 105.56 104.50 AA AA AA 11.3S2023 12.5S2024 12.5S2025 12.5S2026 13.4S2027 13.9S2028 $10,417,600 $14,665,611 $7,987,653 $9,474,381 $14,417,355 $34,603,544 12.5% 13.4% 13.5% 13.6% 13.9% 14.1% 90.09 93.42 92.75 92.17 96.07 98.45 C C C C C C 11.2S2023 12.4S2024 11.9S2026 13.0S2027 13.6S2028 $8,607,404 $5,756,951 $15,689,911 $17,785,485 $35,202,086 12.3% 13.1% 13.1% 13.5% 13.7% 91.03 94.53 91.13 96.01 98.95 CC CC CC CC CC 11.1S2025 11.2S2026 12.0S2027 12.2S2028 $2,425,572 $5,785,949 $1,278,536 $18,482,554 11.9% 12.0% 12.4% 12.5% 93.28 93.19 96.88 97.79 B B B B Next Year's Prime Rate 8.50% COMP­XM® INQUIRER Page 2 http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 3/21 5/12/2017 COMP­XM® INQUIRER Top Financial Summary Cash Flow Statement Survey Cash flows from operating activities Net Income (Loss) Adjustment for non­cash items: Depreciation Extraordinary gains/losses/writeoffs Changes in current assets and liabilities: Accounts payable Inventory Accounts receivable Net cash from operations Round: 2 December 31, 2018 Rosemary Kawam Andrews Baldwin Chester Digby $22,710 ($2,999) $496 $14,044 $6,916 ($1,148) $15,567 $0 $13,251 $0 $8,117 $0 ($258) $20,721 ($3,428) $45,513 ($1,338) $6,028 $832 $18,089 $500 $2,103 ($1,418) $14,932 $1,074 ($4,908) ($1,264) $17,064 ($3,244) ($55,944) ($53,860) ($27,800) $0 $0 ($4,000) $0 ($2,000) $0 $0 $0 $0 $13,841 $0 $34,604 $0 ($25,182) $32,683 $0 $0 $17,439 $0 $35,202 $0 ($21,757) $23,185 $0 $0 $3,299 $0 $18,483 $0 ($14,271) $17,935 $0 Net cash from financing activities ($6,000) $55,946 $54,069 $25,445 Net change in cash position $36,269 $18,091 $15,141 $14,709 Balance Sheet Survey Cash Accounts Receivable Inventory Total Current Assets Andrews $63,070 $14,829 $10,300 $88,199 Baldwin $47,118 $12,647 $3,930 $63,695 Chester $35,639 $11,564 $9,215 $56,417 Digby $31,624 $13,505 $18,620 $63,749 Plant and equipment Accumulated Depreciation Total Fixed Assets $103,736 ($54,872) $48,864 $233,504 ($78,669) $154,835 $219,160 ($70,426) $148,734 $121,760 ($49,404) $72,356 Total Assets $137,063 $218,529 $205,151 $136,105 Accounts Payable Current Debt Long Term Debt Total Liabilities $7,522 $9,344 $21,797 $38,663 $7,994 $43,983 $91,566 $143,544 $7,318 $34,485 $83,042 $124,845 $9,113 $29,235 $27,973 $66,320 Common Stock Retained Earnings Total Equity $14,760 $83,639 $98,399 $41,513 $33,473 $74,986 $35,987 $44,319 $80,306 $12,103 $57,682 $69,785 Total Liabilities & Owners' Equity $137,063 $218,529 $205,151 $136,105 Income Statement Survey Sales Variable Costs (Labor, Material, Carry) Depreciation SGA (R&D, Promo, Sales, Admin) Other (Fees, Writeoffs, TQM, Bonuses) EBIT Interest (Short term, Long term) Taxes Profit Sharing Net Profit Andrews $180,420 $113,476 $6,916 $15,035 $5,942 $39,052 $3,400 $12,478 $463 $22,710 Baldwin $153,872 $103,761 $15,567 $13,803 $7,922 $12,818 $17,433 ($1,615) $0 ($2,999) Chester $140,691 $92,246 $13,251 $16,932 $2,632 $15,630 $14,852 $272 $10 $496 Digby $164,317 $108,198 $8,117 $12,132 $7,339 $28,530 $6,483 $7,717 $287 $14,044 Cash flows from investing activities Plant improvements (net) Cash flows from financing activities Dividends paid Sales of common stock Purchase of common stock Cash from long term debt issued Early retirement of long term debt Retirement of current debt Cash from current debt borrowing Cash from emergency loan COMP­XM® INQUIRER Page 3 http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 4/21 5/12/2017 COMP­XM® INQUIRER Top Production Analysis Round: 2 December 31, 2018 Rosemary Kawam Production Information Name Primary Segment Units Sold Unit Inven tory Revision Date Age Dec.31 MTBF Pfmn Coord Size Coord Material Price Cost Labor Cost Contr. Marg. 2nd Shift & Over­ time Auto mation Capacity Next Next Round Round Plant Utiliz. Aft Able Acre Adam Core Nano Elite Thrift 1,679 1,184 1,261 1,256 340 0 142 0 7/26/2018 9/7/2018 5/29/2018 10/3/2018 1.6 1.4 1.5 2.2 22000 24000 26000 20000 9.2 11.1 13.0 6.6 10.8 6.3 9.0 13.2 $31.00 $38.75 $41.00 $24.50 $11.06 $14.46 $14.66 $8.33 $8.79 $9.00 $9.03 $7.34 34% 39% 39% 37% 24% 33% 34% 24% 5.5 5.5 5.5 6.5 1,200 728 714 930 123% 131% 133% 123% Baker Bead Bolt Bold Thrift Thrift Core Core 2,079 2,594 1,402 1,575 0 26 129 97 4/11/2018 4/11/2018 12/16/2018 12/18/2018 2.7 2.6 1.1 1.1 17000 17000 18000 20000 6.8 7.0 9.9 10.6 13.2 13.0 9.5 10.0 $17.00 $17.00 $25.00 $25.00 $7.76 $7.94 $11.07 $11.75 $3.95 $3.95 $4.51 $4.35 31% 30% 36% 34% 100% 100% 29% 16% 9.0 9.0 8.0 8.0 1,595 1,795 1,099 1,299 198% 198% 127% 115% Cake Cedar Cid Coat Cure Camp Thrift Core Nano Elite Core 1,487 2,170 966 764 743 0 198 49 143 193 0 0 12/20/2019 12/7/2017 12/17/2018 12/18/2018 4/1/2018 2/10/2019 3.5 2.1 1.0 1.0 0.8 0.0 14000 16000 18000 20000 16000 0 6.0 8.4 11.1 13.9 9.0 0.0 14.0 11.6 6.5 8.7 11.0 0.0 $18.00 $20.00 $30.00 $34.00 $21.00 $0.00 $6.26 $9.01 $13.17 $14.05 $9.54 $0.00 $2.43 $5.37 $6.30 $7.03 $5.81 $0.00 49% 26% 35% 38% 26% 0% 8% 43% 19% 0% 100% 0% 9.5 8.0 6.0 6.0 7.0 7.0 1,250 1,550 850 800 1,040 600 107% 142% 118% 99% 149% 0% Daze Dell Dixie Dot Nano Elite Nano Elite 1,494 782 1,190 1,156 90 196 248 272 12/3/2018 1/4/2018 9/19/2018 8/17/2018 1.3 2.4 1.2 1.2 23000 25000 23000 25000 11.0 14.2 12.1 14.0 7.0 8.5 5.8 8.0 $32.00 $35.00 $37.00 $39.00 $13.96 $15.32 $14.96 $15.41 $9.33 $8.33 $7.87 $7.59 30% 29% 37% 39% 100% 29% 41% 26% 6.0 6.5 6.0 6.0 900 850 1,000 1,100 198% 127% 140% 125% COMP­XM® INQUIRER Page 4 http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 5/21 5/12/2017 COMP­XM® INQUIRER Top Thrift Market Segment Analysis Total Industry Unit Demand Actual Industry Unit Sales Segment % of Total Industry Rosemary Kawam Thrift Statistics 6,285 6,285 26.4% Next Year's Segment Growth Rate 11.0% Thrift Customer Buying Criteria 1. 2. 3. 4. Expectations $14.00 ­ 26.00 MTBF 14000­20000 Pfmn 6.5 Size 13.5 Ideal Age = 3.0 Price Reliability Ideal Position Age Round: 2 December 31, 2018 Importance 55% 20% 15% 10% Perceptual Map for Thrift Segment Top Products in Thrift Segment Name Bead Baker Cake Adam Cedar Cure Aft Market Share 31% 25% 20% 15% 8% 1% 0% Units Sold to Seg 1,930 1,596 1,288 941 472 32 26 COMP­XM® INQUIRER Revision Date Stock Out 4/11/2018 4/11/2018 YES 12/20/2019 10/3/2018 YES 12/7/2017 4/1/2018 YES 7/26/2018 Pfmn Coord 7.0 6.8 6.0 6.6 8.4 9.0 9.2 Size Coord 13.0 13.2 14.0 13.2 11.6 11.0 10.8 List Price $17.00 $17.00 $18.00 $24.50 $20.00 $21.00 $31.00 MTBF 17000 17000 14000 20000 16000 16000 22000 Age Dec.31 2.64 2.74 3.48 2.16 2.11 0.75 1.58 Promo Cust. Aware­ Budget ness $1,200 74% $1,200 73% $1,050 61% $1,300 87% $1,050 61% $1,050 48% $1,300 87% Sales Cust. Access­ Dec. Cust. Budget ibility Survey $1,100 67% 42 $1,100 67% 44 $1,000 66% 26 $1,700 69% 27 $1,000 66% 14 $900 66% 3 $1,200 69% 0 Page 5 http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 6/21 5/12/2017 COMP­XM® INQUIRER Top Core Market Segment Analysis Total Industry Unit Demand Actual Industry Unit Sales Segment % of Total Industry Rosemary Kawam Core Statistics 8,078 8,078 34.0% Next Year's Segment Growth Rate 10.0% Core Customer Buying Criteria 1. 2. 3. 4. Expectations $20.00 ­ 32.00 Ideal Age = 2.0 MTBF 16000­22000 Pfmn 9.2 Size 10.8 Price Age Reliability Ideal Position Round: 2 December 31, 2018 Importance 46% 20% 18% 16% Perceptual Map for Core Segment Top Products in Core Segment Name Cedar Bold Bolt Aft Cure Bead Baker Adam Daze Cake Market Share 21% 17% 15% 15% 9% 8% 6% 4% 3% 2% Units Sold to Seg 1,697 1,373 1,216 1,214 710 664 483 315 205 199 COMP­XM® INQUIRER Revision Date Stock Out 12/7/2017 12/18/2018 12/16/2018 7/26/2018 4/1/2018 YES 4/11/2018 4/11/2018 YES 10/3/2018 YES 12/3/2018 12/20/2019 Pfmn Coord 8.4 10.6 9.9 9.2 9.0 7.0 6.8 6.6 11.0 6.0 Size Coord 11.6 10.0 9.5 10.8 11.0 13.0 13.2 13.2 7.0 14.0 List Price $20.00 $25.00 $25.00 $31.00 $21.00 $17.00 $17.00 $24.50 $32.00 $18.00 MTBF 16000 20000 18000 22000 16000 17000 17000 20000 23000 14000 Age Dec.31 2.11 1.10 1.09 1.58 0.75 2.64 2.74 2.16 1.35 3.48 Promo Cust. Aware­ Budget ness $1,050 61% $1,200 73% $1,200 73% $1,300 87% $1,050 48% $1,200 74% $1,200 73% $1,300 87% $1,300 82% $1,050 61% Sales Cust. Access­ Dec. Cust. Budget ibility Survey $1,000 65% 38 $900 70% 30 $900 70% 26 $1,200 59% 31 $900 65% 33 $1,100 70% 18 $1,100 70% 14 $1,700 59% 24 $900 17% 0 $1,000 65% 0 Page 6 http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 7/21 5/12/2017 COMP­XM® INQUIRER Top Nano Market Segment Analysis Total Industry Unit Demand Actual Industry Unit Sales Segment % of Total Industry Rosemary Kawam Nano Statistics 4,741 4,741 19.9% Next Year's Segment Growth Rate 14.0% Nano Customer Buying Criteria 1. 2. 3. 4. Expectations Pfmn 11.1 Size 6.3 $28.00 ­ 40.00 Ideal Age = 1.0 MTBF 18000­24000 Ideal Position Price Age Reliability Round: 2 December 31, 2018 Importance 35% 27% 20% 18% Perceptual Map for Nano Segment Top Products in Nano Segment Name Dixie Able Daze Cid Aft Acre Bolt Coat Bold Dot Market Share 22% 21% 19% 17% 4% 4% 3% 3% 3% 3% Units Sold to Seg 1,034 1,003 904 792 212 194 160 157 150 136 COMP­XM® INQUIRER Revision Date Stock Out 9/19/2018 9/7/2018 YES 12/3/2018 12/17/2018 7/26/2018 5/29/2018 12/16/2018 12/18/2018 12/18/2018 8/17/2018 Pfmn Coord 12.1 11.1 11.0 11.1 9.2 13.0 9.9 13.9 10.6 14.0 Size Coord 5.8 6.3 7.0 6.5 10.8 9.0 9.5 8.7 10.0 8.0 List Price $37.00 $38.75 $32.00 $30.00 $31.00 $41.00 $25.00 $34.00 $25.00 $39.00 MTBF 23000 24000 23000 18000 22000 26000 18000 20000 20000 25000 Age Dec.31 1.20 1.36 1.35 1.04 1.58 1.50 1.09 1.05 1.10 1.24 Promo Cust. Aware­ Budget ness $1,300 82% $1,300 86% $1,300 82% $1,050 61% $1,300 87% $1,300 86% $1,200 73% $1,050 61% $1,200 73% $1,300 81% Sales Cust. Access­ Dec. Cust. Budget ibility Survey $800 85% 45 $1,300 69% 53 $900 85% 64 $900 65% 41 $1,200 69% 8 $1,100 69% 10 $900 24% 8 $1,500 65% 2 $900 24% 9 $800 85% 4 Page 7 http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 8/21 5/12/2017 COMP­XM® INQUIRER Top Elite Market Segment Analysis Total Industry Unit Demand Actual Industry Unit Sales Segment % of Total Industry Rosemary Kawam Elite Statistics 4,678 4,678 19.7% Next Year's Segment Growth Rate 16.0% Elite Customer Buying Criteria 1. 2. 3. 4. Expectations Ideal Age = 0.0 $30.00 ­ 42.00 Pfmn 13.7 Size 8.9 MTBF 20000­26000 Age Price Ideal Position Reliability Round: 2 December 31, 2018 Importance 34% 24% 22% 20% Perceptual Map for Elite Segment Top Products in Elite Segment Name Acre Dot Dell Coat Daze Aft Able Cid Dixie Bold Bolt Market Share 23% 22% 17% 13% 8% 5% 4% 4% 3% 1% 1% Units Sold to Seg 1,067 1,020 782 608 385 227 182 173 157 51 26 COMP­XM® INQUIRER Revision Date Stock Out 5/29/2018 8/17/2018 1/4/2018 12/18/2018 12/3/2018 7/26/2018 9/7/2018 YES 12/17/2018 9/19/2018 12/18/2018 12/16/2018 Pfmn Coord 13.0 14.0 14.2 13.9 11.0 9.2 11.1 11.1 12.1 10.6 9.9 Size Coord 9.0 8.0 8.5 8.7 7.0 10.8 6.3 6.5 5.8 10.0 9.5 List Price $41.00 $39.00 $35.00 $34.00 $32.00 $31.00 $38.75 $30.00 $37.00 $25.00 $25.00 MTBF 26000 25000 25000 20000 23000 22000 24000 18000 23000 20000 18000 Age Dec.31 1.50 1.24 2.45 1.05 1.35 1.58 1.36 1.04 1.20 1.10 1.09 Promo Cust. Aware­ Budget ness $1,300 86% $1,300 81% $1,300 82% $1,050 61% $1,300 82% $1,300 87% $1,300 86% $1,050 61% $1,300 82% $1,200 73% $1,200 73% Sales Cust. Access­ Dec. Cust. Budget ibility Survey $1,100 74% 39 $800 87% 41 $900 87% 36 $1,500 60% 30 $900 87% 18 $1,200 74% 7 $1,300 74% 4 $900 60% 4 $800 87% 1 $900 11% 3 $900 11% 1 Page 8 http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 9/21 5/12/2017 COMP­XM® INQUIRER Top Market Share Report Actual Market Share in Units Potential Market Share in Units Thrift Core Nano Elite Total 6,285 8,078 4,741 4,678 23,782 26.4% 34.0% 19.9% 19.7% 100.0% 0.4% 15.0% 15.0% 15.4% 3.9% 18.9% 4.5% 21.1% 4.1% 4.8% 3.9% 22.8% 29.7% 31.6% 7.1% 5.0% 5.3% 5.3% 22.6% Aft Able Acre Adam Total Baker Bead Bolt Bold Total 25.4% 30.7% 56.1% 6.0% 8.2% 15.1% 17.0% 46.3% 0.6% 1.1% 1.7% 8.7% 10.9% 5.9% 6.6% 32.2% Cake Cedar Cid Coat Cure Total 20.5% 7.5% 2.5% 21.0% 0.5% 28.5% 8.8% 32.3% Industry Unit Sales % of Market Aft Able Acre Adam Total Daze Dell Dixie Dot Total COMP­XM® INQUIRER Round: 2 December 31, 2018 Rosemary Kawam 3.4% 3.2% 6.5% 16.7% 3.3% 3.7% 13.0% 20.0% 16.7% 6.3% 9.1% 4.1% 3.2% 3.1% 25.8% 2.5% 19.1% 2.5% 21.8% 2.9% 43.7% 8.2% 16.7% 3.4% 21.8% 50.1% 6.3% 3.3% 5.0% 4.9% 19.4% Thrift Core Nano Elite Total 6,285 8,078 4,741 4,678 23,782 26.4% 34.0% 19.9% 19.7% 100.0% 0.4% 14.1% 17.7% 18.1% 5.3% 19.4% 4.4% 22.6% 4.0% 4.8% 4.0% 22.8% 30.9% 31.6% 6.7% 5.3% 5.3% 6.5% 23.8% Baker Bead Bolt Bold Total 28.4% 27.7% 56.1% 6.8% 7.7% 14.1% 16.0% 44.6% 3.3% 3.1% 6.4% 0.6% 1.1% 1.7% 9.8% 9.9% 5.6% 6.3% 31.6% Cake Cedar Cid Coat Cure Total 18.5% 6.7% 2.4% 19.8% 0.7% 25.9% 11.5% 33.6% 16.4% 3.2% 3.7% 13.0% Daze Dell Dixie Dot Total Units Demanded % of Market 19.6% 16.7% 5.7% 8.5% 4.0% 3.2% 4.1% 25.5% 2.4% 18.8% 2.4% 21.4% 2.8% 43.0% 8.2% 16.7% 3.4% 21.8% 50.0% 6.2% 3.3% 4.9% 4.8% 19.2% Page 9 http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 10/21 5/12/2017 COMP­XM® INQUIRER Top Perceptual Map Round: 2 December 31, 2018 Rosemary Kawam Perceptual Map for All Segments Andrews Name Aft Able Acre Adam Pfmn 9.2 11.1 13.0 6.6 Name Daze Dell Dixie Dot Pfmn 11.0 14.2 12.1 14.0 Size 10.8 6.3 9.0 13.2 Baldwin Revised 7/26/2018 9/7/2018 5/29/2018 10/3/2018 Name Baker Bead Bolt Bold Pfmn 6.8 7.0 9.9 10.6 Size 13.2 13.0 9.5 10.0 Chester Revised 4/11/2018 4/11/2018 12/16/2018 12/18/2018 Name Cake Cedar Cid Coat Cure Pfmn 6.0 8.4 11.1 13.9 9.0 Size 14.0 11.6 6.5 8.7 11.0 Revised 12/20/2019 12/7/2017 12/17/2018 12/18/2018 4/1/2018 Digby COMP­XM® INQUIRER Size 7.0 8.5 5.8 8.0 Revised 12/3/2018 1/4/2018 9/19/2018 8/17/2018 Page 10 http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 11/21 5/12/2017 COMP­XM® INQUIRER Top HR/TQM Report Rosemary Kawam Round: 2 December 31, 2018 HUMAN RESOURCES SUMMARY Andrews Baldwin Chester Digby Needed Complement 621 452 493 602 Complement 621 452 493 602 1st Shift Complement 486 289 389 403 2nd Shift Complement 135 162 104 198 Overtime% 0.0% 0.0% 0.0% 0.0% Turnover Rate New Employees 7.0% 43 8.0% 36 6.3% 68 10.0% 78 28 $1,000 194 $2,500 0 $5,000 0 $0 80 105.8% 40 113.5% 80 124.3% 0 100.0% Recruiting Cost $86 $126 $409 $78 Separation Cost Training Cost $140 $994 $968 $361 $0 $789 $0 $0 Total HR Admin Cost $1,220 $1,456 $1,198 $78 Labor Contract Next Year Wages Separated Employees Recruiting Spend Training Hours Productivity Index $28.15 $28.15 $28.15 $28.15 Benefits Profit Sharing 2,500 2.0% 2,500 2.0% 2,500 2.0% 2,500 2.0% Annual Raise 5.0% 5.0% 5.0% 5.0% Starting Negotiation Position Wages Benefits Profit Sharing Annual Raise Ceiling Negotiation Position Wages Benefits Profit Sharing Annual Raise Adjusted Labor Demands Wages Benefits Profit Sharing Annual Raise Strike Days TQM SUMMARY Process Mgt Budgets Last Year CPI Systems Vendor/JIT Quality Initiative Training Channel Support Systems Concurrent Engineering UNEP Green Programs TQM Budgets Last Year Benchmarking Quality Function Deployment Effort CCE/6 Sigma Training GEMI TQEM Sustainability Initiatives Total Expenditures Cumulative Impacts Material Cost Reduction Labor Cost Reduction Reduction R&D Cycle Time Reduction Admin Costs Demand Increase COMP­XM® INQUIRER Andrews Baldwin Chester Digby $500 $500 $500 $1,500 $500 $1,500 $1,250 $1,250 $0 $1,500 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $1,250 $1,250 $1,250 $0 $500 $500 $500 $500 $7,000 $0 $0 $750 $750 $5,500 $0 $0 $0 $0 $0 $0 $0 $1,250 $1,250 $6,250 4.05% 4.01% 19.24% 30.99% 11.19% 1.40% 0.33% 0.00% 3.25% 1.16% 0.00% 0.00% 0.00% 0.00% 0.00% 2.92% 11.25% 32.13% 0.00% 4.56% Page 11 http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 12/21 5/12/2017 COMP­XM® INQUIRER PRINT Annual Report http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 13/21 5/12/2017 COMP­XM® INQUIRER Top Annual Report Andrews Round: 2 Dec. 31, 2018 C59559 Balance Sheet DEFINITIONS: Common Size: The common size column simply represents each item as a percentage of total assets for that year. Cash: Your end­of­year cash position. Accounts Receivable: Reflects the lag between delivery and payment of your products. Inventories: The current value of your inventory across all products. A zero indicates your company stocked out. Unmet demand would, of course, fall to your competitors. Plant & Equipment: The current value of your plant. Accum Deprec: The total accumulated depreciation from your plant. Accts Payable: What the company currently owes suppliers for materials and services. Current Debt: The debt the company is obligated to pay during the next year of operations. It includes emergency loans used to keep your company solvent should you run out of cash during the year. Long Term Debt: The company's long term debt is in the form of bonds, and this represents the total value of your bonds. Common Stock: The amount of capital invested by shareholders in the company. Retained Earnings: The profits that the company chose to keep instead of paying to shareholders as dividends. ASSETS Cash Accounts Receivable Inventory 2018 Common Size 46.0% 10.8% 7.5% $63,070 $14,829 $10,300 Total Current Assets $88,199 Plant & Equipment Accumulated Depreciation $103,736 ($54,872) Total Fixed Assets Total Assets 2017 $26,801 $11,401 $31,021 64.3% $69,223 75.7% ­40.0% $102,592 ($51,249) $48,864 35.7% $51,343 $137,063 100.0% $120,566 5.5% 6.8% 15.9% $7,780 $0 $33,097 28.2% $40,877 10.8% 61.0% $15,540 $64,149 $98,399 71.8% $79,689 $137,063 100.0% $120,566 LIABILITIES & OWNERS' EQUITY Accounts Payable Current Debt Long Term Debt $7,522 $9,344 $21,797 Total Liabilities Common Stock Retained Earnings $38,663 $14,760 $83,639 Total Equity Total Liab. & O. Equity Cash Flow Statement The Cash Flow Statement examines what happened in the Cash Account during the year. Cash injections appear as positive numbers and cash withdrawals as negative numbers. The Cash Flow Statement is an excellent tool for diagnosing emergency loans. When negative cash flows exceed positives, you are forced to seek emergency funding. For example, if sales are bad and you find yourself carrying an abundance of excess inventory, the report would show the increase in inventory as a huge negative cash flow. Too much unexpected inventory could outstrip your inflows, exhaust your starting cash and force you to beg for money to keep your company afloat. Cash Flows from Operating Activities: Net Income (Loss) Depreciation Extraordinary gains/losses/writeoffs Accounts Payable Inventory Accounts Receivable Net cash from operations Cash Flows from Investing Activities: Plant Improvements Cash Flows from Financing Activities: Dividends Paid Sales of Common Stock Purchase of Common Stock Cash from long term debt Retirement of long term debt Change in current debt (net) Net cash from financing activities Net change in cash position Closing cash position Annual Report 2018 $22,710 $6,916 ($1,148) ($258) $20,721 ($3,428) 2017 $5,145 $6,839 $0 ($1,736) ($4,872) $2,021 $45,513 $7,396 ($3,244) ($5,768) $0 $0 ($4,000) $0 ($11,344) $9,344 $0 $3,460 $0 $5,888 $0 ($15,717) ($6,000) $36,269 $63,070 ($6,369) ($4,741) $26,801 Page 1 Top http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 14/21 5/12/2017 COMP­XM® INQUIRER Top Annual Report Andrews Round: 2 Dec. 31, 2018 C59559 2018 Income Statement Sales Aft $52,051 Able $45,888 Acre $51,707 Adam $30,775 Na $0 Na $0 Na $0 Na $0 2018 Total $180,420 Common Size 100.0% Variable Costs: Direct Labor Direct Material Inventory Carry Total Variable $14,933 $18,517 $814 $34,264 $10,968 $17,152 $0 $28,120 $12,131 $19,213 $422 $31,766 $9,267 $10,059 $0 $19,326 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $47,300 $64,941 $1,236 $113,476 26.2% 36.0% 0.7% 62.9% Contribution Margin $17,787 $17,768 $19,941 $11,449 $0 $0 $0 $0 $66,944 37.1% $2,240 $573 $1,300 $1,200 $603 $5,916 $1,359 $692 $1,300 $1,300 $532 $5,183 $1,333 $412 $1,300 $1,100 $599 $4,745 $1,984 $766 $1,300 $1,700 $357 $6,106 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $6,916 $2,443 $5,200 $5,300 $2,092 $21,951 3.8% 1.4% 2.9% 2.9% 1.2% 12.2% $11,870 $12,585 $15,196 $5,342 $0 $0 $0 $0 $44,994 24.9% $5,942 $39,052 $897 $2,503 $12,478 $463 $22,710 3.3% 21.6% 0.5% 1.4% 6.9% 0.3% 12.6% (Product Name:) Period Costs: Depreciation SG&A: R&D Promotions Sales Admin Total Period Net Margin Definitions: Sales: Unit sales times list price. Direct Labor: Labor costs incurred to produce the product that was sold. Inventory Carry Cost: the cost to carry unsold goods in inventory. Depreciation: Calculated on straight­line 15­year depreciation of plant value. R&D Costs: R&D department expenditures for each product. Admin: Administration overhead is estimated at 1.5% of sales. Promotions: The promotion budget for each product. Sales: The sales force budget for each product. Other: Charges not included in other categories such as Fees, Write Offs, and TQM. The fees include money paid to investment bankers and brokerage firms to issue new stocks or bonds plus consulting fees your instructor might assess. Write­offs include the loss you might experience when you sell capacity or liquidate inventory as the result of eliminating a production line. If the amount appears as a negative amount, then you actually made money on the liquidation of capacity or inventory. EBIT: Earnings Before Interest and Taxes. Short Term Interest: Interest expense based on last year's current debt, including short term debt, long term notes that have become due, and emergency loans. Long Term Interest: Interest paid on outstanding bonds. Taxes: Income tax based upon a 35% tax rate. Profit Sharing: Profits shared with employees under the labor contract. Net Profit: EBIT minus interest, taxes, and profit sharing. Annual Report Other EBIT Short Term Interest LongTerm Interest Taxes Profit Sharing Net Profit PRINT Page 2 Annual Report http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 15/21 5/12/2017 COMP­XM® INQUIRER Top Annual Report Baldwin Round: 2 Dec. 31, 2018 C59559 Balance Sheet DEFINITIONS: Common Size: The common size column simply represents each item as a percentage of total assets for that year. Cash: Your end­of­year cash position. Accounts Receivable: Reflects the lag between delivery and payment of your products. Inventories: The current value of your inventory across all products. A zero indicates your company stocked out. Unmet demand would, of course, fall to your competitors. Plant & Equipment: The current value of your plant. Accum Deprec: The total accumulated depreciation from your plant. Accts Payable: What the company currently owes suppliers for materials and services. Current Debt: The debt the company is obligated to pay during the next year of operations. It includes emergency loans used to keep your company solvent should you run out of cash during the year. Long Term Debt: The company's long term debt is in the form of bonds, and this represents the total value of your bonds. Common Stock: The amount of capital invested by shareholders in the company. Retained Earnings: The profits that the company chose to keep instead of paying to shareholders as dividends. ASSETS Cash Accounts Receivable Inventory 2018 Common Size 21.6% 5.8% 1.8% $47,118 $12,647 $3,930 Total Current Assets $63,695 Plant & Equipment Accumulated Depreciation $233,504 ($78,669) 2017 $29,026 $13,479 $9,958 29.1% $52,463 106.9% ­36.0% $177,560 ($63,102) Total Fixed Assets $154,835 70.9% $114,458 Total Assets $218,529 100.0% $166,920 3.7% 20.1% 41.9% $9,332 $25,182 $68,263 65.7% $102,777 19.0% 15.3% $27,672 $36,472 $74,986 34.3% $64,144 $218,529 100.0% $166,920 LIABILITIES & OWNERS' EQUITY Accounts Payable Current Debt Long Term Debt $7,994 $43,983 $91,566 Total Liabilities Common Stock Retained Earnings $143,543 $41,513 $33,473 Total Equity Total Liab. & O. Equity Cash Flow Statement The Cash Flow Statement examines what happened in the Cash Account during the year. Cash injections appear as positive numbers and cash withdrawals as negative numbers. The Cash Flow Statement is an excellent tool for diagnosing emergency loans. When negative cash flows exceed positives, you are forced to seek emergency funding. For example, if sales are bad and you find yourself carrying an abundance of excess inventory, the report would show the increase in inventory as a huge negative cash flow. Too much unexpected inventory could outstrip your inflows, exhaust your starting cash and force you to beg for money to keep your company afloat. Cash Flows from Operating Activities: Net Income (Loss) Depreciation Extraordinary gains/losses/writeoffs Accounts Payable Inventory Accounts Receivable Net cash from operations Cash Flows from Investing Activities: Plant Improvements Cash Flows from Financing Activities: Dividends Paid Sales of Common Stock Purchase of Common Stock Cash from long term debt Retirement of long term debt Change in current debt (net) Net cash from financing activities Net change in cash position Closing cash position Annual Report 2018 ($2,999) $15,567 $0 ($1,338) $6,028 $832 2017 $6,514 $11,837 $0 $2,049 $645 ($2,669) $18,089 $18,376 ($55,944) ($34,660) $0 $13,841 $0 $34,604 ($11,300) $18,802 $0 $2,982 $0 $14,417 $0 ($4,049) $55,946 $18,091 $47,118 $13,351 ($2,934) $29,026 Page 1 Top http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 16/21 5/12/2017 COMP­XM® INQUIRER Top Annual Report Baldwin Round: 2 Dec. 31, 2018 C59559 2018 Income Statement Baker Bead Bolt Bold Na Na Na Na Sales $35,349 $44,090 $35,061 $39,372 $0 $0 $0 $0 2018 Total $153,872 Common Size 100.0% Variable Costs: Direct Labor Direct Material Inventory Carry Total Variable $8,210 $16,231 $0 $24,441 $10,327 $20,724 $38 $31,088 $6,803 $15,247 $243 $22,293 $7,532 $18,216 $190 $25,939 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $32,873 $70,417 $472 $103,761 21.4% 45.8% 0.3% 67.4% Contribution Margin $10,907 $13,002 $12,768 $13,433 $0 $0 $0 $0 $50,110 32.6% Period Costs: Depreciation SG&A: R&D Promotions Sales Admin Total Period $4,466 $279 $1,200 $1,100 $574 $7,619 $5,026 $279 $1,200 $1,100 $716 $8,321 $2,784 $970 $1,200 $900 $569 $6,424 $3,291 $976 $1,200 $900 $639 $7,006 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $15,567 $2,505 $4,800 $4,000 $2,498 $29,370 10.1% 1.6% 3.1% 2.6% 1.6% 19.1% Net Margin $3,289 $4,681 $6,344 $6,427 $0 $0 $0 $0 $20,741 13.5% $7,922 $12,818 $5,498 $11,935 ($1,615) $0 ($2,999) 5.1% 8.3% 3.6% 7.8% ­1.0% 0.0% ­1.9% (Product Name:) Definitions: Sales: Unit sales times list price. Direct Labor: Labor costs incurred to produce the product that was sold. Inventory Carry Cost: the cost to carry unsold goods in inventory. Depreciation: Calculated on straight­line 15­year depreciation of plant value. R&D Costs: R&D department expenditures for each product. Admin: Administration overhead is estimated at 1.5% of sales. Promotions: The promotion budget for each product. Sales: The sales force budget for each product. Other: Charges not included in other categories such as Fees, Write Offs, and TQM. The fees include money paid to investment bankers and brokerage firms to issue new stocks or bonds plus consulting fees your instructor might assess. Write­offs include the loss you might experience when you sell capacity or liquidate inventory as the result of eliminating a production line. If the amount appears as a negative amount, then you actually made money on the liquidation of capacity or inventory. EBIT: Earnings Before Interest and Taxes. Short Term Interest: Interest expense based on last year's current debt, including short term debt, long term notes that have become due, and emergency loans. Long Term Interest: Interest paid on outstanding bonds. Taxes: Income tax based upon a 35% tax rate. Profit Sharing: Profits shared with employees under the labor contract. Net Profit: EBIT minus interest, taxes, and profit sharing. Annual Report Other EBIT Short Term Interest LongTerm Interest Taxes Profit Sharing Net Profit PRINT Page 2 Annual Report http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 17/21 5/12/2017 COMP­XM® INQUIRER Top Annual Report Chester Round: 2 Dec. 31, 2018 C59559 Balance Sheet DEFINITIONS: Common Size: The common size column simply represents each item as a percentage of total assets for that year. Cash: Your end­of­year cash position. Accounts Receivable: Reflects the lag between delivery and payment of your products. Inventories: The current value of your inventory across all products. A zero indicates your company stocked out. Unmet demand would, of course, fall to your competitors. Plant & Equipment: The current value of your plant. Accum Deprec: The total accumulated depreciation from your plant. Accts Payable: What the company currently owes suppliers for materials and services. Current Debt: The debt the company is obligated to pay during the next year of operations. It includes emergency loans used to keep your company solvent should you run out of cash during the year. Long Term Debt: The company's long term debt is in the form of bonds, and this represents the total value of your bonds. Common Stock: The amount of capital invested by shareholders in the company. Retained Earnings: The profits that the company chose to keep instead of paying to shareholders as dividends. ASSETS Cash Accounts Receivable Inventory 2018 Common Size 17.4% 5.6% 4.5% $35,639 $11,564 $9,215 Total Current Assets $56,418 Plant & Equipment Accumulated Depreciation $219,160 ($70,426) 2017 $20,499 $10,146 $11,318 27.5% $41,963 106.8% ­34.3% $165,300 ($57,176) Total Fixed Assets $148,734 72.5% $108,124 Total Assets $205,151 100.0% $150,087 3.6% 16.8% 40.5% $6,818 $21,757 $59,140 60.9% $87,715 17.5% 21.6% $18,548 $43,823 $80,306 39.1% $62,371 $205,151 100.0% $150,087 LIABILITIES & OWNERS' EQUITY Accounts Payable Current Debt Long Term Debt $7,318 $34,485 $83,042 Total Liabilities Common Stock Retained Earnings $124,845 $35,987 $44,319 Total Equity Total Liab. & O. Equity Cash Flow Statement The Cash Flow Statement examines what happened in the Cash Account during the year. Cash injections appear as positive numbers and cash withdrawals as negative numbers. The Cash Flow Statement is an excellent tool for diagnosing emergency loans. When negative cash flows exceed positives, you are forced to seek emergency funding. For example, if sales are bad and you find yourself carrying an abundance of excess inventory, the report would show the increase in inventory as a huge negative cash flow. Too much unexpected inventory could outstrip your inflows, exhaust your starting cash and force you to beg for money to keep your company afloat. Cash Flows from Operating Activities: Net Income (Loss) Depreciation Extraordinary gains/losses/writeoffs Accounts Payable Inventory Accounts Receivable Net cash from operations Cash Flows from Investing Activities: Plant Improvements Cash Flows from Financing Activities: Dividends Paid Sales of Common Stock Purchase of Common Stock Cash from long term debt Retirement of long term debt Change in current debt (net) Net cash from financing activities Net change in cash position Closing cash position Annual Report 2018 $496 $13,251 $0 $500 $2,103 ($1,418) 2017 $4,908 $9,887 $0 $1,022 ($4,881) ($373) $14,932 $10,563 ($53,860) ($40,900) $0 $17,439 $0 $35,202 ($11,300) $12,728 $0 $4,220 $0 $17,785 $0 ($3,801) $54,069 $15,141 $35,639 $18,204 ($12,133) $20,499 Page 1 Top http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 18/21 5/12/2017 COMP­XM® INQUIRER Top Annual Report Chester Round: 2 Dec. 31, 2018 C59559 2018 Income Statement Sales Cake $26,759 Cedar $43,393 Cid $28,966 Coat $25,978 Cure $15,596 Camp $0 Na $0 Na $0 2018 Total $140,691 Common Size 100.0% Variable Costs: Direct Labor Direct Material Inventory Carry Total Variable $3,729 $9,777 $216 $13,722 $11,672 $20,225 $86 $31,983 $6,058 $12,345 $326 $18,728 $5,362 $10,376 $478 $16,216 $4,314 $7,281 $0 $11,596 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $31,135 $60,005 $1,106 $92,246 22.1% 42.7% 0.8% 65.6% Contribution Margin $13,037 $11,410 $10,237 $9,761 $4,000 $0 $0 $0 $48,445 34.4% Period Costs: Depreciation SG&A: R&D Promotions Sales Admin Total Period $3,667 $1,000 $1,050 $1,000 $415 $7,132 $3,927 $0 $1,050 $1,000 $673 $6,650 $1,700 $973 $1,050 $900 $449 $5,073 $1,600 $977 $1,050 $1,500 $403 $5,530 $2,357 $250 $1,050 $900 $242 $4,799 $0 $1,000 $0 $0 $0 $1,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $13,251 $4,200 $5,250 $5,300 $2,183 $30,183 9.4% 3.0% 3.7% 3.8% 1.6% 21.5% Net Margin $5,905 $4,760 $5,165 $4,232 ($799) ($1,000) $0 $0 $18,262 13.0% $2,632 $15,630 $4,207 $10,645 $272 $10 $496 1.9% 11.1% 3.0% 7.6% 0.2% 0.0% 0.4% (Product Name:) Definitions: Sales: Unit sales times list price. Direct Labor: Labor costs incurred to produce the product that was sold. Inventory Carry Cost: the cost to carry unsold goods in inventory. Depreciation: Calculated on straight­line 15­year depreciation of plant value. R&D Costs: R&D department expenditures for each product. Admin: Administration overhead is estimated at 1.5% of sales. Promotions: The promotion budget for each product. Sales: The sales force budget for each product. Other: Charges not included in other categories such as Fees, Write Offs, and TQM. The fees include money paid to investment bankers and brokerage firms to issue new stocks or bonds plus consulting fees your instructor might assess. Write­offs include the loss you might experience when you sell capacity or liquidate inventory as the result of eliminating a production line. If the amount appears as a negative amount, then you actually made money on the liquidation of capacity or inventory. EBIT: Earnings Before Interest and Taxes. Short Term Interest: Interest expense based on last year's current debt, including short term debt, long term notes that have become due, and emergency loans. Long Term Interest: Interest paid on outstanding bonds. Taxes: Income tax based upon a 35% tax rate. Profit Sharing: Profits shared with employees under the labor contract. Net Profit: EBIT minus interest, taxes, and profit sharing. Annual Report Other EBIT Short Term Interest LongTerm Interest Taxes Profit Sharing Net Profit PRINT Page 2 Annual Report http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 19/21 5/12/2017 COMP­XM® INQUIRER Top Annual Report Digby Round: 2 Dec. 31, 2018 C59559 Balance Sheet DEFINITIONS: Common Size: The common size column simply represents each item as a percentage of total assets for that year. Cash: Your end­of­year cash position. Accounts Receivable: Reflects the lag between delivery and payment of your products. Inventories: The current value of your inventory across all products. A zero indicates your company stocked out. Unmet demand would, of course, fall to your competitors. Plant & Equipment: The current value of your plant. Accum Deprec: The total accumulated depreciation from your plant. Accts Payable: What the company currently owes suppliers for materials and services. Current Debt: The debt the company is obligated to pay during the next year of operations. It includes emergency loans used to keep your company solvent should you run out of cash during the year. Long Term Debt: The company's long term debt is in the form of bonds, and this represents the total value of your bonds. Common Stock: The amount of capital invested by shareholders in the company. Retained Earnings: The profits that the company chose to keep instead of paying to shareholders as dividends. ASSETS Cash Accounts Receivable Inventory 2018 Common Size 23.2% 9.9% 13.7% $16,915 $12,241 $13,712 46.8% $42,868 89.5% ­36.3% $93,960 ($41,287) $72,356 53.2% $52,673 $136,105 100.0% $95,541 6.7% 21.5% 20.6% $8,039 $14,271 $20,790 48.7% $43,100 8.9% 42.4% $8,804 $43,637 $69,785 51.3% $52,441 $136,105 100.0% $95,541 $31,624 $13,505 $18,620 Total Current Assets $63,749 Plant & Equipment Accumulated Depreciation $121,760 ($49,404) Total Fixed Assets Total Assets 2017 LIABILITIES & OWNERS' EQUITY Accounts Payable Current Debt Long Term Debt $9,113 $29,235 $27,973 Total Liabilities Common Stock Retained Earnings $66,321 $12,103 $57,682 Total Equity Total Liab. & O. Equity Cash Flow Statement The Cash Flow Statement examines what happened in the Cash Account during the year. Cash injections appear as positive numbers and cash withdrawals as negative numbers. The Cash Flow Statement is an excellent tool for diagnosing emergency loans. When negative cash flows exceed positives, you are forced to seek emergency funding. For example, if sales are bad and you find yourself carrying an abundance of excess inventory, the report would show the increase in inventory as a huge negative cash flow. Too much unexpected inventory could outstrip your inflows, exhaust your starting cash and force you to beg for money to keep your company afloat. Cash Flows from Operating Activities: Net Income (Loss) Depreciation Extraordinary gains/losses/writeoffs Accounts Payable Inventory Accounts Receivable Net cash from operations Cash Flows from Investing Activities: Plant Improvements Cash Flows from Financing Activities: Dividends Paid Sales of Common Stock Purchase of Common Stock Cash from long term debt Retirement of long term debt Change in current debt (net) Net cash from financing activities Net change in cash position Closing cash position Annual Report 2018 $14,044 $8,117 $0 $1,074 ($4,908) ($1,264) 2017 $11,692 $6,264 $0 $1,657 $1,285 ($2,418) $17,064 $18,481 ($27,800) ($9,580) $0 $3,299 $0 $18,483 ($11,300) $14,964 ($7,057) $0 ($1,553) $1,279 $0 ($4,032) $25,445 $14,709 $31,624 ($11,364) ($2,463) $16,915 Page 1 Top http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 20/21 5/12/2017 COMP­XM® INQUIRER Top Annual Report Digby Round: 2 Dec. 31, 2018 C59559 2018 Income Statement Sales Daze $47,816 Dell $27,386 Dixie $44,048 Dot $45,068 Na $0 Na $0 Na $0 Na $0 2018 Total $164,317 Common Size 100.0% Variable Costs: Direct Labor Direct Material Inventory Carry Total Variable $13,949 $19,532 $242 $33,723 $6,533 $12,229 $563 $19,326 $9,531 $17,559 $677 $27,767 $8,885 $17,745 $752 $27,382 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $38,898 $67,066 $2,234 $108,198 23.7% 40.8% 1.4% 65.8% Contribution Margin $14,092 $8,060 $16,281 $17,685 $0 $0 $0 $0 $56,119 34.2% Period Costs: Depreciation SG&A: R&D Promotions Sales Admin Total Period $2,104 $934 $1,300 $900 $358 $5,596 $1,813 $9 $1,300 $900 $205 $4,227 $2,000 $727 $1,300 $800 $329 $5,157 $2,200 $634 $1,300 $800 $337 $5,271 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $8,117 $2,304 $5,200 $3,400 $1,229 $20,250 4.9% 1.4% 3.2% 2.1% 0.7% 12.3% Net Margin $8,497 $3,833 $11,125 $12,415 $0 $0 $0 $0 $35,869 21.8% $7,339 $28,530 $3,157 $3,326 $7,717 $287 $14,044 4.5% 17.4% 1.9% 2.0% 4.7% 0.2% 8.5% (Product Name:) Definitions: Sales: Unit sales times list price. Direct Labor: Labor costs incurred to produce the product that was sold. Inventory Carry Cost: the cost to carry unsold goods in inventory. Depreciation: Calculated on straight­line 15­year depreciation of plant value. R&D Costs: R&D department expenditures for each product. Admin: Administration overhead is estimated at 1.5% of sales. Promotions: The promotion budget for each product. Sales: The sales force budget for each product. Other: Charges not included in other categories such as Fees, Write Offs, and TQM. The fees include money paid to investment bankers and brokerage firms to issue new stocks or bonds plus consulting fees your instructor might assess. Write­offs include the loss you might experience when you sell capacity or liquidate inventory as the result of eliminating a production line. If the amount appears as a negative amount, then you actually made money on the liquidation of capacity or inventory. EBIT: Earnings Before Interest and Taxes. Short Term Interest: Interest expense based on last year's current debt, including short term debt, long term notes that have become due, and emergency loans. Long Term Interest: Interest paid on outstanding bonds. Taxes: Income tax based upon a 35% tax rate. Profit Sharing: Profits shared with employees under the labor contract. Net Profit: EBIT minus interest, taxes, and profit sharing. Annual Report Other EBIT Short Term Interest LongTerm Interest Taxes Profit Sharing Net Profit Page 2 http://ww2.capsim.com/cgi­bin/CpCGIReports2011.exe?XM=1&studentkey=1465590&simid=C59559&Round=6&Report=CapCourier|AnnReport# 21/21