Last year Art charged $4,293,333 Depreciation on the Income Statement of Andrews. If early this year Art sold all its depreciable assets for their book value, the effect on Andrews's financial statements would be (all other items remaining equal):

Select: 1

No impact on Net Cash from operations

Decrease Net Cash from operations on the Cash Flow Statement

Just impact the Balance Sheet

Increase Net Cash from operations

The Baldwin company wants to decrease its plant utilization for Best by 15%. How many units would need to be produced next year to meet this production goal? Ignore impact of accounts payable on plant utilization.

Select: 1

1,373

1,598

1,485

1,167

Chester's balance sheet has $85,640,000 in equity. Further, the company is expecting net income of 4,000,000 next year, and also expecting to pay $5,000,000 in dividends. If there is no new stock issued what will be Chester's book value?

Select: 1

$35,102,000

$45,102,000

$94,640,000

$84,640,000

Which company has the least efficient SG&A/Sales ratio?

Select: 1

Andrews

Digby

Chester

Baldwin

Assume Baldwin Corp. is downsizing the size of their workforce by 15% (to the nearest person) next year from various strategic initiatives. Baldwin is planning to conduct exit interviews to learn more about how they can improve in processes and increase productivity. The exit interviews are estimated to cost $100 per employee in additional to normal separation costs of $5000. How much will the company pay in separation costs if these exit interviews are implemented next year?

Select: 1

$163,800

$397,800

$921,900

$2,238,900

Currently Baldwin is paying a dividend of $14.25 (per share). If this dividend were raised by $3.64, given its current stock price what would be the Dividend Yield?

Select: 1

$17.89

9.8%

12.3%

$3.64

Your Competitive Intelligence team reports that a wave of product liability lawsuits is likely to cause Chester to pull the product Camp entirely off the market this year. Assume Chester scraps all capacity and inventory this round, completely writing off those assets and escrowing the proceeds to a settlement fund, and assume these lawsuits will have no effect on any other products of Chester or other companies. Without Chester's product Camp how much can the industry currently produce in the Core segment? Consider only products primarily in the Core segment last year. Ignore current inventories. Figures in thousands (000).

Select: 1

8,685

7,585

8,564

9,560

9,664

4,780

3,986

In the Month of March, Chester received orders of 172 units at a price of $15.00 for their product Cone, and in April receives an order for 43 units of their product Cone at $15.00. Chester uses the accrual method of accounting and offers 30 days credit terms. Chester delivers 0 units in March, 172 units in April and 43 units in May. They received payment for 172 units in April, and payment for 43 units in May. How much revenue is recognized on the March income statement from this order? How much in the April Income statement? (Answer in thousands)

Select: 1

$1,075 , $1,075

0, $2,580

$2,580 , $645

$3,225 , 0

Page 1 Front Page Page 2 Stocks & Bonds Page 3 Financial Summary Page 4 Production Analysis Annual Report Andrews Page 5 Thrift Segment Analysis Page 6 Core Segment Analysis Page 7 Nano Segment Analysis Page 8 Elite Segment Analysis Page 9 Market Share Page 10 Perceptual Map Page 11 HR/TQM Report Annual Report Baldwin Annual Report Chester Annual Report Digby PRINT Top " Round: 4 Student: Shelvy Shelvy Dec. 31, 2019 Andrews Shelvy Shelvy Baldwin Chester Digby Shelvy Shelvy Selected Financial Statistics Andrews Baldwin Chester Digby 19.5% 16.0% 7.2% 4.2% 0.93 1.38 0.81 0.78 18.0% 22.1% 5.8% 3.3% 1.6 1.7 2.4 2.2 29.6% 37.6% 13.9% 7.4% $0 $0 $0 $0 Sales $235,299,020 $210,408,644 $165,549,749 $183,965,676 EBIT $82,123,816 $58,975,057 $32,898,411 $27,576,506 Profits $45,791,703 $33,766,885 $11,900,727 $7,792,398 $105,115,067 $82,173,725 $15,466,148 $12,337,018 SG&A / Sales 10.2% 6.8% 9.5% 11.9% Contrib. Margin % 52.4% 42.3% 42.2% 39.4% ROS Asset Turnover ROA Leverage (Assets/Equity) ROE Emergency Loan Cumulative Profit COMP-XM INQUIRER Page 1 Top Round: 4 Stocks & Bonds Shelvy Shelvy December 31 , 2019 Stock Market Summary Shares MarketCap ($M) Book Value EPS Dividend Yield P/ $190.83 $57.73 1,851,082 $353 $83.60 $24.74 $0.00 0.0% 7 Baldwin $145.38 $44.42 1,825,073 $265 $49.19 $18.50 $14.25 9.8% 7 Chester $40.24 $16.29 3,325,349 $134 $25.75 $3.58 $2.84 7.1% 11 Digby $40.41 $8.98 3,179,996 $129 $33.19 $2.45 $0.01 0.0% 16 Company Close Andrews Change Bond Market Summary Face $8,837,000 $7,072,000 $20,000,000 $32,000,000 $17,000,000 $3,593,949 $1,377,083 $15,195,063 $8,187,051 $67,665 $14,665,611 $7,969,218 $9,570,210 $14,272,791 $34,669,156 $1,819,911 $3,944,764 $15,600,517 $17,807,701 $33,682,514 $17,802,937 Next Year's Prime Rate 9.00% Top Shelvy Shelvy Andrews Baldwin $45,792 $33,767 $16,118 $9,597 $0 ($149) ($52) ($421) ($5,610) ($2,777) ($2,496) ($1,507) $53,752 $38,510 ($33,968) $0 $0 ($26,005) $0 $0 ($12,964) ($3,684) $17,000 $0 $0 ($4,432) ($8,700) ($20,443) $5,000 $24,719 $0 $0 $336 ($29,843) $20,120 $8,667 Andrews Baldwin $63,299 $33,532 $19,340 $17,294 $21,705 $25,994 $104,344 $76,820 $241,776 $143,960 ($91,996) ($67,985) $149,780 $75,975 $254,124 $152,795 $9,455 $9,945 $5,000 $24,719 $84,909 $28,353 $99,364 $63,018 $9,841 $8,598 $144,919 $81,179 $154,759 $89,777 $254,124 $152,795 Andrews Baldwin $235,299 $210,409 $112,032 $121,340 $16,118 $9,597 $23,980 $14,273 $1,044 $6,223 $82,124 $58,975 $10,237 $5,966 $25,160 $18,553 $935 $689 $45,792 $33,767 Top Shelvy Shelvy Production Information MTBF Pfmn Coord Size Coord Price 20000 11.8 8.4 $30.49 24000 13.7 3.3 $34.99 26000 16.9 6.5 $41.99 17000 8.5 12.0 $21.99 25000 16.9 6.5 $41.49 23000 14.3 3.4 $34.00 25000 17.4 5.9 $34.00 23000 14.7 3.1 $37.00 25000 17.2 5.6 $37.00 17000 8.8 11.4 $15.00 17000 9.0 11.2 $15.00 18000 11.5 8.0 $23.00 20000 12.2 8.5 $25.00 14000 8.5 11.7 $15.00 16000 9.4 10.8 $17.00 18000 13.6 3.6 $28.00 20000 17.0 6.4 $34.00 16000 11.4 8.6 $19.00 16000 11.1 9.0 $20.00 Top Shelvy Shelvy Thrift Statistics Total Industry Unit Demand Actual Industry Unit Sales Segment % of Total Industry Next Year's Segment Growth Rate Expectations $14.00 - 26.00 MTBF 14000-20000 Pfmn 8.5 Size 11.7 Ideal Age = 3.0 Top Products in Thrift Segment List Price Size Coord 11.4 $15.00 11.2 $15.00 11.7 $15.00 10.8 $17.00 12.0 $21.99 9.0 $20.00 8.6 $19.00 8.0 $23.00 8.4 $30.49 Top Shelvy Shelvy Core Statistics Total Industry Unit Demand Actual Industry Unit Sales Segment % of Total Industry Next Year's Segment Growth Rate Expectations $20.00 - 32.00 Ideal Age = 2.0 MTBF 16000-22000 Pfmn 11.8 Size 8.4 Top Products in Core Segment Size Coord List Price 8.0 $23.00 8.5 $25.00 9.0 $20.00 8.6 $19.00 8.4 $30.49 10.8 $17.00 11.2 $15.00 11.4 $15.00 11.7 $15.00 12.0 $21.99 Top Shelvy Shelvy Nano Statistics Total Industry Unit Demand Actual Industry Unit Sales Segment % of Total Industry Next Year's Segment Growth Rate Expectations Pfmn 13.7 Size 3.3 $28.00 - 40.00 Ideal Age = 1.0 MTBF 18000-24000 Top Products in Nano Segment List Price Size Coord 3.3 $34.99 3.4 $34.00 3.1 $37.00 3.6 $28.00 5.6 $37.00 8.4 $30.49 8.0 $23.00 8.5 $25.00 Top Shelvy Shelvy Elite Statistics Total Industry Unit Demand Actual Industry Unit Sales Segment % of Total Industry Next Year's Segment Growth Rate Expectations Ideal Age = 0.0 $30.00 - 42.00 Pfmn 16.9 Size 6.5 MTBF 20000-26000 Top Products in Elite Segment Size Coord List Price 5.9 $34.00 6.5 $41.99 5.6 $37.00 6.5 $41.49 6.4 $34.00 3.4 $34.00 3.1 $37.00 3.6 $28.00 8.4 $30.49 8.5 $25.00 Top Shelvy Shelvy Core Nano 9,785 6,168 32.6% 20.6% 15.1% 0.2% 32.0% 0.4% 15.5% 32.2% 26.1% 20.7% 0.3% 47.0% 0.8% 1.3% 22.2% 0.1% 21.5% 0.0% 45.8% 0.1% 0.5% 5.9% 20.7% 15.8% 16.6% 38.7% 20.7% Core Nano 9,785 6,168 32.6% 20.6% 15.0% 0.2% 32.0% 0.4% 15.5% 32.2% 26.1% 20.7% 0.2% 47.0% 0.8% 1.3% 22.2% 0.1% 21.5% 45.8% 0.1% 0.5% 5.9% 20.7% 15.8% 16.6% 38.7% 20.7% Top Shelvy Shelvy Perceptual Map for All Segments Chester Pfmn 8.8 9.0 11.5 12.2 Top Shelvy Shelvy HUMAN RESOURCES SUMMARY Baldwin Chester 517 336 517 336 339 214 178 122 0.0% 0.0% 10.0% 8.0% 52 27 85 112 $0 $2,500 0 40 100.0% 117.9% $52 $94 $426 $558 $0 $269 $478 $921 $31.04 $31.04 2,500 2,500 2.0% 2.0% 5.0% 5.0% TQM SUMMARY Baldwin Chester $0 $1,250 $0 $1,250 $1,250 $0 $1,250 $1,500 $1,250 $0 $0 $0 $0 $0 $0 $0 $1,250 $750 $1,250 $750 $6,250 $5,500 9.48% 10.20% 14.00% 4.39% 40.01% 0.00% 0.00% 34.91% 12.78% 10.57% PRINT Annual Report Top Andrews C59559 $104,344 $149,780 $254,124 $99,364 $154,760 $254,124 2019 $45,792 $16,118 $0 ($52) ($5,610) ($2,496) $53,752 ($33,968) $0 $0 ($12,964) $17,000 $0 ($3,700) $336 $20,120 $63,299 Top Andrews C59559 Axe Anna $23,408 $37,802 $1,328 $6,053 $6,740 $12,109 $447 $0 $8,515 $18,162 $14,893 $19,640 $3,619 $2,400 $750 $343 $1,400 $2,250 $2,500 $2,200 $184 $297 $8,453 $7,490 $6,440 $12,150 0.4% 34.9% 0.2% 4.1% 10.7% 0.4% 19.5% PRINT Annual Report Top Baldwin C59559 $76,820 $75,975 $152,795 $63,017 $89,777 $152,795 2019 $33,767 $9,597 ($149) ($421) ($2,777) ($1,507) $38,510 $0 ($26,005) $0 ($3,684) $0 ($4,432) $4,277 ($29,843) $8,667 $33,532 Top Baldwin C59559 Bell Na $51,627 $0 $8,403 $0 $19,443 $0 $727 $0 $28,574 $0 $23,053 $0 $2,720 $0 $645 $0 $1,400 $0 $1,000 $0 $479 $0 $6,244 $0 $16,810 $0 3.0% 28.0% 1.2% 1.6% 8.8% 0.3% 16.0% PRINT Annual Report Top Chester C59559 $69,422 $134,282 $203,704 $118,065 $85,640 $203,704 2019 $11,901 $16,353 ($757) ($1,295) $5,698 ($1,396) $30,504 $0 ($9,460) $0 $0 $0 ($9,593) ($781) ($19,835) $10,669 $46,750 Top Chester C59559 Cell Na $52,911 $0 $9,608 $0 $20,377 $0 $362 $0 $30,348 $0 $22,563 $0 $3,293 $0 $966 $0 $1,300 $0 $1,400 $0 $535 $0 $7,495 $0 $15,068 $0 3.0% 19.9% 2.1% 6.5% 3.9% 0.1% 7.2% PRINT Annual Report Top Digby C59559 $75,689 $158,895 $234,584 $129,048 $105,537 $234,584 2019 $7,792 $17,623 ($687) ($1,161) $4,524 ($1,128) $26,963 $0 ($38) $0 $0 $0 ($9,830) $5,687 ($4,181) $22,782 $45,365 Top Digby C59559 Deal Dim $30,403 $31,396 $4,688 $7,418 $11,216 $14,017 $491 $228 $16,395 $21,663 $14,008 $9,733 $2,040 $2,635 $985 $966 $1,200 $1,200 $2,400 $900 $350 $361 $6,975 $6,062 $7,033 $3,671 3.0% 15.0% 2.1% 6.2% 2.3% 0.1% 4.2%