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Please explain the major differences in the two rounds from the Baldwin team's point of view. Baldwin versus Competitors Efficiency Round Three Round Four ROS

Please explain the major differences in the two rounds from the Baldwin team's point of view.

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Baldwin versus Competitors Efficiency Round Three Round Four ROS ROA leverage ROE Emergency Loans Sales 'lariatle Costs Profit Cumule Prom Price Market Capialization Rating I, Vorking Capital Days of Capital Free Cash Flow Diart and Ecinment Andrews 104 1018% S-2,UlQ8 s- 16, 115,939 s Ito 800 Baldwin 481% 083 1016% '126,531 S 102041363 cc 21U ooo Chester 190 265 -361% S 3,094 IU S 4894891 s 1083 S 720 Digby 565% 136 182 1392% 524,781 138 54990 599801558 83 1318 S 700 Erie 388% 448% 1061% so s 162887827 524,931 521 S 19, USU s 17 , 35002 s 4613 592164983 cc Ferris 566% 1.48 836% 1682% so s 174828,516 s 1261611675 s 19.726,932 529237,422 s 5618 S 112, s 22238,782 464 Asset Turrover ROA I everaye Emergency Loars Sales I'ariibleCosts P rofit Cumulative Stock Price Market Capitalizaton SW Rating Capital Clays of Capital Free Cash Plant and Euipment Andrews 016% no 085% 575158117 5481.788 s- 15634151 S23U1491 1248 322182287 582320000 Baldwin 282 1.01% so s 7 , 624,265 S, 733,324 S 31 cc Chester 025% 20 061% s 271,977 s 1463 s 348741095 cc S4f51,873 S 135.121 Digby 780% 1468% so s 1013681407 S2546Y,8 $34248,368 56545 s 147 88 S30Y6JOl Erie 736% 1876% s 6427 ccc 648 too 122 133% so s 193, 123,515 56433 s 138,063, 798

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