Please see questions and balance sheet in attached files.

Top " Round: 3 Dec. 31, 2017 Andrews Jiashi Xu 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 % COMP-XM INQUIRER Andrews 9.7% 0.81 7.9% 1.8 14.5% $0 $164,264,376 $33,859,759 $15,997,728 $23,373,113 11.6% 36.3% Baldwin 12.5% 1.27 15.9% 1.8 28.1% $0 $211,296,843 $48,421,134 $26,446,216 $55,312,455 6.4% 37.4% Chester 2.8% 0.74 2.1% 2.5 5.2% $0 $155,554,481 $21,993,953 $4,301,317 $3,665,931 8.6% 37.0% Digby 0.8% 0.76 0.6% 2.4 1.5% $0 $180,712,061 $18,908,568 $1,495,642 $5,223,298 11.9% 36.7% Page 1 Top Round: 3 Stocks & Bonds Jiashi Xu December 31 , 2017 Stock Market Summary Company Andrews Baldwin Chester Digby Close Change Shares $72.87 $111.93 $23.81 $31.69 $22.92 $30.83 $2.46 ($1.26) 2,235,089 1,890,811 3,348,940 3,150,393 MarketCap Book Value ($M) $163 $49.28 $212 $49.86 $80 $24.63 $100 $30.82 EPS Dividend Yield P/E $7.16 $13.99 $1.28 $0.47 $0.00 $0.99 $0.00 $0.00 0.0% 0.9% 0.0% 0.0% 10.2 8.0 18.5 66.6 Bond Market Summary Company Series# Face Yield Close$ S&P 11.2S2021 11.9S2022 10.2S2026 $8,837,000 $7,072,000 $20,859,000 11.6% 12.1% 11.5% 96.68 98.57 88.94 BB BB BB 11.1S2023 11.2S2024 11.5S2025 11.8S2026 12.4S2027 $2,425,572 $5,785,949 $1,278,536 $16,887,096 $10,396,805 11.5% 11.6% 11.8% 11.9% 12.1% 96.30 96.35 97.52 98.93 102.26 BB BB BB BB BB 11.3S2021 12.5S2022 12.5S2023 12.5S2024 12.9S2025 13.4S2026 14.2S2027 $10,417,600 $14,665,611 $7,987,653 $9,474,381 $14,417,355 $34,603,544 $1,622,567 12.2% 13.1% 13.2% 13.2% 13.5% 13.7% 13.9% 92.69 95.52 94.92 94.39 95.80 98.01 102.10 CC CC CC CC CC CC CC 11.2S2021 12.4S2022 11.9S2024 12.5S2025 13.1S2026 13.8S2027 $8,607,404 $5,756,951 $15,689,911 $17,785,485 $34,499,445 $23,090,379 12.1% 13.0% 12.9% 13.2% 13.5% 13.7% 92.67 95.50 92.21 94.38 97.00 100.53 CC CC CC CC CC CC Andrews Baldwin Chester Digby Next Year's Prime Rate 9.00% COMP-XM INQUIRER Page 2 Top Financial Summary Cash Flow Statement Survey Round: 3 December 31, 2017 Jiashi Xu Andrews Baldwin Chester Digby $15,998 $26,446 $4,301 $1,496 $6,455 $0 $10,391 $0 $16,253 $0 $17,889 $0 $696 ($15,802) ($329) $7,018 $3,247 ($18,729) ($2,891) $18,464 $613 $2,466 ($1,804) $21,829 $2,898 ($5,402) ($4,077) $12,804 $0 ($38,700) ($13,600) ($50,680) Cash flows from operating activities Net Income (Loss) Adjustment for non-cash items: Depreciation Extraordinary gains/losses/writeoffs Changes in current assets and liabilities: Accounts payable Inventory Accounts receivable Net cash from operations 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 $0 $0 $0 $0 $0 ($39,991) $42,738 $0 ($1,880) $0 ($2,105) $10,397 $0 ($28,550) $23,256 $0 $0 $8,527 $0 $1,623 $0 ($43,535) $25,947 $0 $0 $17,304 $0 $23,090 $0 ($33,863) $24,891 $0 Net cash from financing activities $2,747 $1,118 ($7,438) $31,423 Net change in cash position $9,765 ($19,118) $792 ($6,453) Balance Sheet Survey Cash Accounts Receivable Inventory Total Current Assets Andrews $93,439 $22,502 $53,158 $169,099 Baldwin $25,480 $17,367 $27,225 $70,072 Chester $41,424 $12,785 $6,094 $60,303 Digby $26,994 $14,853 $15,159 $57,006 Plant and equipment Accumulated Depreciation Total Fixed Assets $96,824 ($63,774) $33,050 $155,860 ($59,488) $96,372 $243,800 ($94,702) $149,098 $268,340 ($88,216) $180,124 Total Assets $202,149 $166,444 $209,401 $237,131 Accounts Payable Current Debt Long Term Debt Total Liabilities $12,505 $42,738 $36,768 $92,011 $12,139 $23,256 $36,774 $72,169 $7,788 $25,947 $93,189 $126,923 $9,701 $24,891 $105,430 $140,022 Common Stock Retained Earnings Total Equity $27,834 $82,305 $110,138 $10,680 $83,595 $94,275 $48,854 $33,624 $82,478 $52,971 $44,138 $97,109 Total Liabilities & Owners' Equity $202,149 $166,444 $209,401 $237,131 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 $164,264 $104,681 $6,455 $19,018 $250 $33,860 $8,746 $8,790 $326 $15,998 Baldwin $211,297 $132,232 $10,391 $13,452 $6,801 $48,421 $6,904 $14,531 $540 $26,446 Chester $155,554 $97,946 $16,253 $13,354 $6,007 $21,994 $15,241 $2,363 $88 $4,301 Digby $180,712 $114,442 $17,889 $21,453 $8,020 $18,909 $16,561 $822 $31 $1,496 COMP-XM INQUIRER Page 3 Top Production Analysis Jiashi Xu Round: 3 December 31, 2017 Production Information Name Primary Segme nt Unit Inven Revisio Age tory n Date Dec.31 Units Sold Abby Nano 1,230 Alan Elite 1,367 Aft Thrift 790 Agape Core 1,559 Bold Nano 1,814 Buddy Elite 1,316 Bat Nano 1,337 Beetle Elite 1,497 Coat Thrift 2,180 Cure Thrift 2,265 Cake Core 1,665 Cent Core 1,853 Dot Thrift 1,069 204 Dune Core 1,973 127 Dart Nano 1,256 277 Deft Elite 823 301 Dim Core 1,647 37 Don Core 1,053 0 6/21/20 17 6/21/20 1 17 4/23/20 3,345 17 6/3/201 0 7 181 11/5/20 17 8/24/20 304 17 7/3/201 396 7 7/25/20 539 17 0 6/10/20 18 6/10/20 172 18 12/15/2 114 016 12/17/2 80 016 146 12/20/2 017 12/7/20 15 12/17/2 017 12/17/2 017 12/25/2 017 2/10/20 17 Size Coord MTBF Pfmn Coord 1.5 24000 11.3 6.1 $42.00 $12.43 $10.88 44% 92% 4.0 728 188% 1.6 26000 13.9 8.7 $40.00 $12.96 $10.93 40% 96% 4.0 714 192% 2.9 16000 6.7 13.3 $26.00 $5.93 $7.55 15% 68% 6.0 1,130 164% 1.7 16000 9.4 10.6 $24.00 $7.90 $8.31 32% 25% 5.0 1,200 122% 1.2 23000 12.7 5.3 $34.00 $13.66 $7.91 38% 100% 7.0 1,150 198% 1.9 25000 15.5 7.3 $34.00 $14.56 $7.12 35% 100% 7.0 800 198% 1.3 23000 13.2 4.8 $37.00 $14.04 $7.56 39% 63% 7.0 1,200 162% 1.3 25000 15.3 7.0 $37.00 $14.57 $7.79 37% 86% 7.0 1,300 184% 3.7 17000 7.0 13.0 $16.00 $6.80 $2.96 37% 47% 10.0 1,600 145% 3.6 17000 7.2 12.8 $16.00 $6.96 $2.79 36% 22% 10.0 1,800 121% 2.1 18000 10.1 9.3 $24.00 $9.72 $4.48 39% 52% 8.0 1,050 151% 2.1 20000 10.8 9.8 $24.00 $10.36 $4.41 37% 44% 8.0 1,250 143% 2.2 14000 7.7 12.3 $17.00 $6.82 $1.78 52% 0% 10.0 1,250 75% 3.1 16000 8.6 11.4 $19.00 $8.14 $3.87 34% 23% 10.0 1,550 121% 1.0 18000 12.1 5.2 $30.00 $12.74 $7.20 33% 81% 7.0 950 179% 1.0 20000 15.2 7.7 $36.00 $13.59 $6.61 42% 31% 7.0 900 130% 0.9 16000 10.0 9.9 $21.00 $9.31 $5.63 30% 63% 8.0 1,040 162% 0.9 16000 9.7 10.3 $22.00 $9.03 $4.41 38% 100% 8.0 1,040 176% Price Material Cost Labor Cost 2nd Auto Shift & mation Capacit Contr. OverNext y Next Marg. time Round Round Plant Utiliz. COMP-XM INQUIRER Page 4 Top Thrift Market Segment Analysis Jiashi Xu Round: 3 December 31, 2017 Thrift Statistics Total Industry Unit Demand Actual Industry Unit Sales Segment % of Total Industry 6,976 6,976 26.1% Next Year's Segment Growth Rate 11.0% Thrift Customer Buying Criteria Expectations 1. 2. 3. 4. Price Reliability Ideal Position Age $14.00 - 26.00 MTBF 14000-20000 Pfmn 7.2 Size 12.8 Ideal Age = 3.0 Importanc e 55% 20% 15% 10% Perceptual Map for Thrift Segment Top Products in Thrift Segment Market Name Share Coat 29% Cure 28% Dot 15% Dune 11% Aft 10% Agape 3% Dim 3% Don 0% Units Sold to Seg 1,996 1,984 1,044 798 683 226 214 32 COMP-XM INQUIRER Top Revision Stock Date Out 6/10/2018 6/10/2018 12/20/2017 12/7/2015 4/23/2017 6/3/2017 YES 12/25/2017 2/10/2017 YES Pfmn Coord 7.0 7.2 7.7 8.6 6.7 9.4 10.0 9.7 Size Coord 13.0 12.8 12.3 11.4 13.3 10.6 9.9 10.3 List Price $16.00 $16.00 $17.00 $19.00 $26.00 $24.00 $21.00 $22.00 MTBF 17000 17000 14000 16000 16000 16000 16000 16000 Age Dec.31 3.74 3.64 2.25 3.11 2.85 1.66 0.88 0.89 Promo Budget $1,250 $1,250 $1,140 $1,140 $1,500 $1,000 $1,140 $1,140 Cust. Awareness 78% 79% 66% 67% 100% 88% 58% 51% Cust. Sales AccessBudget ibility $1,400 75% $1,400 75% $1,000 72% $1,000 72% $2,500 91% $3,500 91% $900 72% $900 72% Dec. Cust. Survey 54 55 31 24 16 7 0 3 Page 5 Core Market Segment Analysis Jiashi Xu Round: 3 December 31, 2017 Core Statistics Total Industry Unit Demand Actual Industry Unit Sales Segment % of Total Industry 8,886 8,886 33.3% Next Year's Segment Growth Rate 10.0% Core Customer Buying Criteria Expectations 1. 2. 3. 4. Price Age Reliability Ideal Position Importanc e 46% 20% 18% 16% $20.00 - 32.00 Ideal Age = 2.0 MTBF 16000-22000 Pfmn 10.2 Size 9.8 Perceptual Map for Core Segment Top Products in Core Segment Market Name Share Cent 20% Cake 18% Dim 16% Agape 15% Dune 13% Don 11% Cure 3% Coat 2% Aft 1% Dot 0% Bold 0% Units Sold to Seg 1,765 1,559 1,433 1,333 1,175 1,021 282 185 106 25 3 COMP-XM INQUIRER Top Revision Stock Date Out 12/17/2016 12/15/2016 12/25/2017 6/3/2017 YES 12/7/2015 2/10/2017 YES 6/10/2018 6/10/2018 4/23/2017 12/20/2017 11/5/2017 YES Pfmn Coord 10.8 10.1 10.0 9.4 8.6 9.7 7.2 7.0 6.7 7.7 12.7 Size Coord 9.8 9.3 9.9 10.6 11.4 10.3 12.8 13.0 13.3 12.3 5.3 List Price $24.00 $24.00 $21.00 $24.00 $19.00 $22.00 $16.00 $16.00 $26.00 $17.00 $34.00 MTBF 20000 18000 16000 16000 16000 16000 17000 17000 16000 14000 23000 Age Dec.31 2.10 2.09 0.88 1.66 3.11 0.89 3.64 3.74 2.85 2.25 1.24 Promo Budget $1,250 $1,250 $1,140 $1,000 $1,140 $1,140 $1,250 $1,250 $1,500 $1,140 $1,350 Cust. Awareness 78% 78% 58% 88% 67% 51% 79% 78% 100% 66% 87% Cust. Sales AccessBudget ibility $1,100 76% $1,100 76% $900 72% $3,500 91% $1,000 72% $900 72% $1,400 76% $1,400 76% $2,500 91% $1,000 72% $1,000 11% Dec. Cust. Survey 50 44 38 46 26 31 2 0 0 8 0 Page 6 Nano Market Segment Analysis Jiashi Xu Round: 3 December 31, 2017 Nano Statistics Total Industry Unit Demand Actual Industry Unit Sales Segment % of Total Industry 5,405 5,405 20.3% Next Year's Segment Growth Rate 14.0% Nano Customer Buying Criteria Expectations 1. 2. 3. 4. Ideal Position Price Age Reliability Pfmn 12.1 Size 5.0 $28.00 - 40.00 Ideal Age = 1.0 MTBF 18000-24000 Importanc e 35% 27% 20% 18% Perceptual Map for Nano Segment Top Products in Nano Segment Market Name Share Bold 27% Bat 24% Dart 21% Abby 19% Alan 3% Cake 2% Beetle 2% Cent 2% Deft 1% Buddy 0% Units Sold to Seg 1,436 1,282 1,132 1,016 168 106 92 88 66 18 COMP-XM INQUIRER Top Revision Stock Date Out 11/5/2017 YES 7/3/2017 12/17/2017 6/21/2017 6/21/2017 12/15/2016 7/25/2017 12/17/2016 12/17/2017 8/24/2017 Pfmn Size Coord Coord 12.7 5.3 13.2 4.8 12.1 5.2 11.3 6.1 13.9 8.7 10.1 9.3 15.3 7.0 10.8 9.8 15.2 7.7 15.5 7.3 List Price $34.00 $37.00 $30.00 $42.00 $40.00 $24.00 $37.00 $24.00 $36.00 $34.00 MTBF 23000 23000 18000 24000 26000 18000 25000 20000 20000 25000 Age Dec.31 1.24 1.34 1.03 1.52 1.56 2.09 1.34 2.10 1.04 1.90 Promo Budget $1,350 $1,350 $1,140 $1,500 $100 $1,250 $1,350 $1,250 $1,140 $1,350 Cust. Awareness 87% 87% 67% 100% 67% 78% 87% 78% 67% 87% Cust. Sales AccessBudget ibility $1,000 83% $900 83% $1,900 70% $3,000 90% $2,000 90% $1,100 18% $900 83% $1,100 18% $2,200 70% $1,000 83% Dec. Cust. Survey 62 48 46 36 4 2 0 1 0 0 Page 7 Elite Market Segment Analysis Jiashi Xu Round: 3 December 31, 2017 Elite Statistics Total Industry Unit Demand Actual Industry Unit Sales Segment % of Total Industry 5,426 5,426 20.3% Next Year's Segment Growth Rate 16.0% Elite Customer Buying Criteria Expectations 1. 2. 3. 4. Age Price Ideal Position Reliability Ideal Age = 0.0 $30.00 - 42.00 Pfmn 15.0 Size 7.9 MTBF 20000-26000 Importanc e 34% 24% 22% 20% Perceptual Map for Elite Segment Top Products in Elite Segment Market Name Share Beetle 26% Buddy 24% Alan 22% Deft 14% Bold 7% Abby 4% Dart 2% Bat 1% Units Sold to Seg 1,405 1,298 1,199 757 375 214 124 54 Revision Stock Date Out 7/25/2017 8/24/2017 6/21/2017 12/17/2017 11/5/2017 YES 6/21/2017 12/17/2017 7/3/2017 Pfmn Size Coord Coord 15.3 7.0 15.5 7.3 13.9 8.7 15.2 7.7 12.7 5.3 11.3 6.1 12.1 5.2 13.2 4.8 List Price $37.00 $34.00 $40.00 $36.00 $34.00 $42.00 $30.00 $37.00 MTBF 25000 25000 26000 20000 23000 24000 18000 23000 Age Dec.31 1.34 1.90 1.56 1.04 1.24 1.52 1.03 1.34 Promo Budget $1,350 $1,350 $100 $1,140 $1,350 $1,500 $1,140 $1,350 Cust. Awareness 87% 87% 67% 67% 87% 100% 67% 87% COMP-XM INQUIRER Cust. Sales AccessBudget ibility $900 87% $1,000 87% $2,000 97% $2,200 69% $1,000 87% $3,000 97% $1,900 69% $900 87% Dec. Cust. Survey 48 47 41 30 8 5 1 1 Page 8 Top Market Share Report Jiashi Xu Round: 3 December 31, 2017 Actual Market Share in Units Potential Market Share in Units Thrift Industry Unit Sales % of Market Core Nano Elite Total 6,976 8,886 5,405 5,426 26,693 26.1% 33.3% 20.3% 20.3% 100.0% Abby 18.8% Agape Total Core Nano Elite Total 6,976 8,886 5,405 5,426 26,693 26.1% 33.3% 20.3% 20.3% 100.0% 9.8% 3.9% 4.6% 3.1% 22.1% Alan Aft Thrift Units Demanded % of Market 5.1% Abby 18.7% 3.9% 4.6% 3.0% Alan 3.2% 23.3% 5.4% 1.2% 3.2% 15.0% 13.0% 16.2% 21.9% 26.0% Bold Buddy 5.8% 18.5% Aft 9.7% Agape Total 4.1% 13.8% 19.3% 20.4% 7.5% 20.4% 27.0% 6.9% 6.9% 0.3% 23.5% 4.8% Bat 23.6% 1.0% 5.0% Beetle Total 1.7% 52.5% 25.4% 56.8% 5.5% 22.2% 6.8% 4.9% Bold 23.7% 1.0% 5.0% Buddy 1.7% 25.9% 0.0% 52.3% 57.7% 5.6% 22.3% Bat Coat 28.6% 2.1% Cure 28.4% 3.2% 2.9% 27.2% 0.0% 26.6% 6.9% 0.3% 23.9% Beetle Total 1.2% 0.0% 21.9% 8.2% 8.5% Coat 28.3% 2.0% Cake 17.5% 2.0% 6.2% Cure 28.2% 3.0% Cent 19.9% 1.6% 6.9% Cake 16.5% 2.0% Total 57.0% 42.6% 3.6% 29.8% Cent 18.7% 1.6% 6.5% 40.2% 3.6% 28.9% Total Dot 15.0% Dune 11.4% 13.2% 0.3% 5.9% 4.0% 7.4% Dot 14.8% 0.3% 2.3% 4.7% Dune 11.3% 12.5% 3.1% Dart 20.8% 2.2% 4.7% 6.2% Deft 1.2% 13.7% 3.0% 4.0% 29.3% Dim 3.0% 15.2% Don Total 0.5% 29.7% 11.4% 39.4% 20.9% Deft Don Total 8.4% 1.2% 13.9% Dart Dim 56.5% 8.1% 3.1% 16.1% 0.5% 11.5% 29.9% 41.1% 22.2% 16.2% 4.0% 7.1% 5.9% 22.0% COMP-XM INQUIRER 16.0% 3.9% 28.6% Page 9 Top Perceptual Map Jiashi Xu Round: 3 December 31, 2017 Perceptual Map for All Segments Andrews Name Abby Alan Aft Agape Pfmn 11.3 13.9 6.7 9.4 Size 6.1 8.7 13.3 10.6 Baldwin Revised 6/21/2017 6/21/2017 4/23/2017 6/3/2017 Name Bold Buddy Bat Beetle Pfmn 12.7 15.5 13.2 15.3 Size 5.3 7.3 4.8 7.0 Chester Revised 11/5/2017 8/24/2017 7/3/2017 7/25/2017 Name Coat Cure Cake Cent Pfmn 7.0 7.2 10.1 10.8 Size 13.0 12.8 9.3 9.8 Revised 6/10/2018 6/10/2018 12/15/2016 12/17/2016 Digby Name Dot Dune Dart Deft Dim Don Pfmn 7.7 8.6 12.1 15.2 10.0 9.7 Size 12.3 11.4 5.2 7.7 9.9 10.3 Revised 12/20/2017 12/7/2015 12/17/2017 12/17/2017 12/25/2017 2/10/2017 COMP-XM INQUIRER Page 10 Top HR/TQM Report Jiashi Xu Round: 3 December 31, 2017 HUMAN RESOURCES SUMMARY Andrews Baldwin Chester Digby Needed Complement 800 697 409 592 Complement 800 697 409 592 1st Shift Complement 482 375 290 396 2nd Shift Complement 318 323 119 195 Overtime% 0.0% 0.0% 0.0% 0.0% Turnover Rate 6.9% 10.0% 8.0% 6.2% 81 178 33 168 0 0 0 0 $5,000 $0 $2,500 $5,000 80 0 40 80 108.1% 100.0% 116.1% 125.3% $485 $178 $114 $1,008 New Employees Separated Employees Recruiting Spend Training Hours Productivity Index Recruiting Cost Separation Cost $0 $0 $0 $0 Training Cost $1,280 $0 $327 $947 Total HR Admin Cost $1,765 $178 $442 $1,955 Wages $29.56 $29.56 $29.56 $29.56 Benefits 2,500 2,500 2,500 2,500 Profit Sharing 2.0% 2.0% 2.0% 2.0% Annual Raise 5.0% 5.0% 5.0% 5.0% Labor Contract Next Year 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 Andrews Baldwin Chester Digby $100 $0 $1,250 $1,500 $50 $0 $1,250 $1,500 Quality Initiative Training $0 $1,250 $0 $0 Channel Support Systems $0 $1,250 $1,500 $0 Concurrent Engineering $50 $1,250 $0 $0 UNEP Green Programs $50 $0 $0 $1,500 TQM Budgets Last Year Benchmarking $0 $0 $0 $1,500 Quality Function Deployment Effort $0 $0 $0 $0 CCE/6 Sigma Training $0 $1,250 $750 $0 GEMI TQEM Sustainability Initiatives $0 $1,250 $750 $0 $250 $6,250 $5,500 $6,000 Process Mgt Budgets Last Year CPI Systems Vendor/JIT Total Expenditures Cumulative Impacts Material Cost Reduction 11.41% 6.43% 6.03% 1.41% Labor Cost Reduction 13.72% 13.93% 1.78% 0.05% Reduction R&D Cycle Time 40.01% 39.79% 0.00% 0.00% Reduction Admin Costs 60.02% 0.00% 16.23% 43.11% Demand Increase 14.16% 9.37% 5.47% 0.45% COMP-XM INQUIRER Page 11 PRINT Annual Report Top Annual Report Andrews Round: 7 Dec. 31, 2017 C59559 Balance Sheet ASSETS DEFINITIONS: Common Size: The common size column simply represents each item as a percentage of total assets for that year. Cash: Your end-of-year cash position. Accounts Cash Receivable: Reflects the lag between delivery Accounts and payment of your products.Inventories: The Receivable current value of your inventory across all Inventory products. A zero indicates your company stocked out. Unmet demand would, of course, fall to your competitors. Plant & Equipment: The current Total Current value of your plant. Accum Deprec: The total Assets accumulated depreciation from your plant. Accts Payable: What the company currently owes Plant & suppliers for materials and services. Current Equipment Accumulated Debt: The debt the company is obligated to pay during the next year of operations. It includes Depreciation emergency loans used to keep your company solvent should you run out of cash during the Total Fixed Assets 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:Total Assets The amount of capital invested by shareholders $93,439 2017 Common Size 46.2% $83,674 $22,502 11.1% $22,173 $53,158 26.3% $37,357 83.7% $143,204 $96,824 47.9% $96,824 ($63,774) -31.5% ($57,319) $33,050 16.3% $39,505 $202,149 100.0% $182,708 $169,099 2016 LIABILITIES & in the company.Retained Earnings: The profits OWNERS' that the company chose to keep instead of EQUITY paying to shareholders as dividends. Accounts Payable Current Debt Long Term Debt $12,505 $42,738 $36,768 6.2% 21.1% 18.2% $11,809 $39,991 $36,768 45.5% $88,568 $27,834 13.8% $27,834 $82,305 40.7% $66,307 Total Liabilities $92,011 Common Stock Retained Earnings Total Equity $110,139 54.5% $94,141 Total Liab. & O. Equity $202,149 100.0% $182,708 Cash Flow Statement Cash Flows from Operating The Cash Flow Statement examines what happened in the Cash Account during the year. Cash injections appear as positive numbers and Activities: cash withdrawals as negative numbers. The Cash Flow Statement is an Net Income (Loss) excellent tool for diagnosing emergency loans. When negative cash flows Depreciation Extraordinary exceed positives, you are forced to seek emergency funding. For example, if sales are bad and you find yourself carrying an abundance of gains/losses/writeoffs Accounts Payable excess inventory, the report would show the increase in inventory as a huge negative cash flow. Too much unexpected inventory could outstrip Inventory your inflows, exhaust your starting cash and force you to beg for money to Accounts Receivable keep your company afloat. 2017 2016 $15,998 $6,455 $2,375 $6,455 $0 $0 $696 ($15,802) ($329) $1,505 $18,818 ($9,362) $7,018 $19,791 $0 $0 $0 $0 $0 $0 $0 $2,747 $0 $6,000 $0 $20,859 ($11,300) $39,991 $2,747 $55,550 $9,765 $93,439 $75,341 $83,674 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 Page 1 Annual Report Top Annual Report Andrews Round: 7 Dec. 31, 2017 C59559 2017 Income Statement (Product Name:) Sales Variable Costs: Direct Labor $0 2017 Total $164,264 Common Size 100.0% $0 $47,293 28.8% Abby Alan Aft Agape Na Na Na Na $51,658 $54,670 $20,528 $37,408 $0 $0 $0 $13,365 $14,934 $5,977 $13,018 $0 $0 $0 Direct Material Inventor y Carry Total Variable Contribu tion Margin Period Costs: Depreci ation SG&A: R&D Prom otions Sales Admi n Total Period Net Margin $15,305 $17,713 $5,568 $12,423 $0 $0 $0 $0 $51,009 31.1% $508 $2 $5,870 $0 $0 $0 $0 $0 $6,379 3.9% $29,177 $32,649 $17,415 $25,440 $0 $0 $0 $0 $104,681 63.7% $22,481 $22,021 $3,114 $11,967 $0 $0 $0 $0 $59,583 36.3% $1,068 $1,047 $2,260 $2,080 $0 $0 $0 $0 $6,455 3.9% $478 $478 $313 $426 $0 $0 $0 $0 $1,693 1.0% $1,500 $100 $1,500 $1,000 $0 $0 $0 $0 $4,100 2.5% $3,000 $2,000 $2,500 $3,500 $0 $0 $0 $0 $11,000 6.7% $700 $741 $278 $507 $0 $0 $0 $0 $2,225 1.4% $6,745 $4,365 $6,851 $7,512 $0 $0 $0 $0 $25,473 15.5% $15,736 $17,656 ($3,737) $4,455 $0 $0 $0 $0 $34,110 20.8% Definitions: Sales: Unit sales times list price. Direct Labor: Labor costs incurred to produce the Other product that was sold. Inventory Carry Cost: the cost to carry unsold goods in EBIT inventory. Depreciation: Calculated on straight-line 15-year depreciation of plant value. R&D Short Term Interest 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 LongTerm Interest Taxes 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 Profit Sharing issue new stocks or bonds plus consulting fees your instructor might assess. Write-offs include the Net Profit 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. $250 $33,860 $4,787 $3,959 $8,790 $326 $15,998 Annual Report 0.2% 20.6% 2.9% 2.4% 5.4% 0.2% 9.7% Page 2 PRINT Annual Report Top Annual Report Baldwin Round: 7 Dec. 31, 2017 C59559 Balance Sheet ASSETS DEFINITIONS: Common Size: The common size column simply represents each item as a percentage of total assets for that year. Cash: Your end-of-year cash position. Accounts Cash Receivable: Reflects the lag between delivery Accounts and payment of your products.Inventories: The Receivable current value of your inventory across all Inventory products. A zero indicates your company stocked $25,480 2017 Common Size 15.3% 2016 $44,597 $17,367 10.4% $14,476 $27,225 16.4% $8,496 out. Unmet demand would, of course, fall to your competitors. Plant & Equipment: The current Total Current value of your plant. Accum Deprec: The total Assets accumulated depreciation from your plant. Accts Payable: What the company currently owes Plant & suppliers for materials and services. Current Equipment Debt: The debt the company is obligated to pay Accumulated during the next year of operations. It includes Depreciation emergency loans used to keep your company solvent should you run out of cash during the Total year. Long Term Debt: The company's long term Fixed Assets debt is in the form of bonds, and this represents the total value of your bonds. Common Stock: Total Assets The amount of capital invested by shareholders in the company.Retained Earnings: The profits that the company chose to keep instead of LIABILITIES & paying to shareholders as dividends. OWNERS' EQUITY Accounts Payable Current Debt Long Term Debt $70,072 42.1% $67,569 $155,860 93.6% $117,160 ($59,488) -35.7% ($49,097) $96,372 57.9% $68,063 $166,444 100.0% $135,632 7.3% 14.0% 22.1% $8,892 $28,550 $26,377 43.4% $63,819 $10,680 6.4% $11,002 $83,595 50.2% $60,811 $94,275 56.6% $71,813 $166,444 100.0% $135,632 $12,139 $23,256 $36,774 Total Liabilities Common Stock Retained Earnings Total Equity Total Liab. & O. Equity $72,169 Cash Flow Statement Cash Flows from Operating The Cash Flow Statement examines what happened in the Cash Account during the year. Cash injections appear as positive numbers and Activities: cash withdrawals as negative numbers. The Cash Flow Statement is an Net Income (Loss) excellent tool for diagnosing emergency loans. When negative cash flows Depreciation Extraordinary exceed positives, you are forced to seek emergency funding. For example, if sales are bad and you find yourself carrying an abundance of gains/losses/writeoffs Accounts Payable excess inventory, the report would show the increase in inventory as a huge negative cash flow. Too much unexpected inventory could outstrip Inventory your inflows, exhaust your starting cash and force you to beg for money to Accounts Receivable keep your company afloat. 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 2017 2016 $26,446 $10,391 $18,323 $7,811 $0 $0 $3,247 ($18,729) ($2,891) $1,292 $4,886 ($2,811) $18,464 $29,501 ($38,700) ($23,200) ($1,880) $0 ($2,105) $10,397 $0 ($5,294) $0 $2,198 $0 $16,887 ($11,300) $14,279 $1,118 $22,064 ($19,118) $25,480 $28,364 $44,597 Page 1 Top Annual Report Baldwin Round: 7 Dec. 31, 2017 C59559 2017 Income Statement (Product Name:) Sales Variable Costs: Direct Labor Direct Material Inventor y Carry Total Variable Contribu tion Margin Period Costs: Depreci ation SG&A: R&D Prom otions Sales Admi n Total Period Net Margin $0 2017 Total $211,297 Common Size 100.0% $0 $0 $45,619 21.6% $0 $0 $0 $83,346 39.4% $0 $0 $0 $0 $3,267 1.5% $34,925 $0 $0 $0 $0 $132,232 62.6% $19,351 $20,479 $0 $0 $0 $0 $79,065 37.4% $1,813 $2,720 $2,947 $0 $0 $0 $0 $10,391 4.9% $858 $655 $510 $571 $0 $0 $0 $0 $2,595 1.2% $1,350 $1,350 $1,350 $1,350 $0 $0 $0 $0 $5,400 2.6% $1,000 $1,000 $900 $900 $0 $0 $0 $0 $3,800 1.8% $484 $351 $388 $435 $0 $0 $0 $0 $1,657 0.8% $6,603 $5,170 $5,868 $6,202 $0 $0 $0 $0 $23,843 11.3% $17,079 $10,383 $13,483 $14,277 $0 $0 $0 $0 $55,223 26.1% Bold Buddy Bat Beetle Na Na Na Na $61,690 $44,743 $49,460 $55,404 $0 $0 $0 $14,395 $9,392 $10,186 $11,646 $0 $0 $23,613 $19,012 $18,889 $21,832 $0 $0 $786 $1,034 $1,446 $38,008 $29,191 $30,109 $23,682 $15,552 $2,911 Definitions: Sales: Unit sales times list price. Direct Labor: Labor costs incurred to produce the Other product that was sold. Inventory Carry Cost: the cost to carry unsold goods in EBIT inventory. Depreciation: Calculated on straight-line 15-year depreciation of plant value. R&D Short Term Interest 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 LongTerm Interest Taxes 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 Profit Sharing issue new stocks or bonds plus consulting fees your instructor might assess. Write-offs include the Net Profit 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 $6,801 $48,421 $2,558 $4,346 $14,531 $540 $26,446 3.2% 22.9% 1.2% 2.1% 6.9% 0.3% 12.5% Page 2 PRINT Annual Report Top Annual Report Chester Round: 7 Dec. 31, 2017 C59559 Balance Sheet ASSETS DEFINITIONS: Common Size: The common size column simply represents each item as a percentage of total assets for that year. Cash: Your end-of-year cash position. Accounts Cash Receivable: Reflects the lag between delivery Accounts and payment of your products.Inventories: The Receivable current value of your inventory across all Inventory products. A zero indicates your company stocked out. Unmet demand would, of course, fall to your competitors. Plant & Equipment: The current Total Current value of your plant. Accum Deprec: The total Assets accumulated depreciation from your plant. Accts Payable: What the company currently owes Plant & suppliers for materials and services. Current Equipment Accumulated Debt: The debt the company is obligated to pay during the next year of operations. It includes Depreciation emergency loans used to keep your company solvent should you run out of cash during the Total Fixed Assets 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:Total Assets The amount of capital invested by shareholders in the company.Retained Earnings: The profits LIABILITIES & that the company chose to keep instead of OWNERS' paying to shareholders as dividends. EQUITY Accounts Payable Current Debt Long Term Debt $41,424 2017 Common Size 19.8% $40,633 $12,785 6.1% $10,981 $6,094 2.9% $8,559 28.8% $60,173 $243,800 116.4% $230,200 ($94,702) -45.2% ($78,449) $149,098 71.2% $151,751 $209,401 100.0% $211,924 3.7% 12.4% 44.5% $7,175 $43,535 $91,566 60.6% $142,276 $48,854 23.3% $40,326 $33,624 16.1% $29,323 $82,478 39.4% $69,649 $209,401 100.0% $211,924 $60,303 $7,788 $25,947 $93,189 Total Liabilities Common Stock Retained Earnings Total Equity Total Liab. & O. Equity $126,924 Cash Flow Statement 2016 Cash Flows from Operating The Cash Flow Statement examines what happened in the Cash Account during the year. Cash injections appear as positive numbers and Activities: cash withdrawals as negative numbers. The Cash Flow Statement is an Net Income (Loss) excellent tool for diagnosing emergency loans. When negative cash flows Depreciation Extraordinary exceed positives, you are forced to seek emergency funding. For example, if sales are bad and you find yourself carrying an abundance of gains/losses/writeoffs Accounts Payable excess inventory, the report would show the increase in inventory as a huge negative cash flow. Too much unexpected inventory could outstrip Inventory your inflows, exhaust your starting cash and force you to beg for money to Accounts Receivable keep your company afloat. 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 2017 2016 $4,301 $16,253 ($6,887) $15,347 $0 $0 $613 $2,466 ($1,804) ($2,072) $1,955 $2,318 $21,829 $10,661 ($13,600) ($52,640) $0 $8,527 $0 $1,623 $0 ($17,588) $0 $12,654 $0 $34,604 ($11,300) $18,353 ($7,438) $54,311 $792 $41,424 $12,332 $40,633 Page 1 Annual Report Top Annual Report Chester Round: 7 Dec. 31, 2017 C59559 2017 Income Statement (Product Name:) Sales Variable Costs: Direct Labor Direct Material Inventor y Carry Total Variable Contribu tion Margin Period Costs: Depreci ation SG&A: R&D Prom otions Sales Admi n Total Period $0 2017 Total $155,554 Common Size 100.0% $0 $0 $28,751 18.5% $0 $0 $0 $68,464 44.0% $0 $0 $0 $0 $731 0.5% $28,203 $0 $0 $0 $0 $97,946 63.0% $15,435 $16,263 $0 $0 $0 $0 $57,609 37.0% $5,520 $2,660 $3,167 $0 $0 $0 $0 $16,253 10.4% $1,000 $1,000 $0 $0 $0 $0 $0 $0 $2,000 1.3% $1,250 $1,250 $1,250 $1,250 $0 $0 $0 $0 $5,000 3.2% $1,400 $1,400 $1,100 $1,100 $0 $0 $0 $0 $5,000 3.2% $304 $315 $348 $387 $0 $0 $0 $0 $1,354 0.9% $8,860 $9,485 $5,358 $5,904 $0 $0 $0 $0 $29,607 19.0% Coat Cure Cake Cent Na Na Na Na $34,888 $36,243 $39,958 $44,466 $0 $0 $0 $6,450 $6,586 $7,512 $8,202 $0 $0 $15,325 $16,472 $16,812 $19,854 $0 $175 $211 $199 $146 $21,951 $23,269 $24,523 $12,937 $12,974 $4,907 Net Margin $4,076 $3,489 $10,077 $10,359 $0 $0 $0 $0 $28,001 Definitions: Sales: Unit sales times list price. Direct Labor: Labor costs incurred to produce the Other product that was sold. Inventory Carry Cost: the cost to carry unsold goods in EBIT inventory. Depreciation: Calculated on straight-line 15-year depreciation of plant value. R&D Short Term Interest 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 LongTerm Interest Taxes 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 Profit Sharing issue new stocks or bonds plus consulting fees your instructor might assess. Write-offs include the Net Profit 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. 18.0% $6,007 $21,994 $3,321 $11,920 $2,363 $88 $4,301 Annual Report 3.9% 14.1% 2.1% 7.7% 1.5% 0.1% 2.8% Page 2 PRINT Annual Report Top Annual Report Digby Round: 7 Dec. 31, 2017 C59559 Balance Sheet ASSETS DEFINITIONS: Common Size: The common size column simply represents each item as a percentage of total assets for that year. Cash: Your end-of-year cash position. Accounts Cash Receivable: Reflects the lag between delivery Accounts and payment of your products.Inventories: The Receivable current value of your inventory across all Inventory products. A zero indicates your company stocked out. Unmet demand would, of course, fall to your competitors. Plant & Equipment: The current Total Current value of your plant. Accum Deprec: The total Assets accumulated depreciation from your plant. Accts Payable: What the company currently owes Plant & suppliers for materials and services. Current Equipment Accumulated Debt: The debt the company is obligated to pay during the next year of operations. It includes Depreciation emergency loans used to keep your company solvent should you run out of cash during the Total Fixed Assets 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:Total Assets The amount of capital invested by shareholders in the company.Retained Earnings: The profits LIABILITIES & that the company chose to keep instead of OWNERS' paying to shareholders as dividends. EQUITY Accounts Payable Current Debt Long Term Debt $26,994 2017 Common Size 11.4% $33,447 $14,853 6.3% $10,776 $15,159 6.4% $9,757 24.0% $53,980 $268,340 113.2% $217,660 ($88,216) -37.2% ($70,326) $180,124 76.0% $147,334 $237,131 100.0% $201,314 4.1% 10.5% 44.5% $6,803 $33,863 $82,339 59.0% $123,005 22.3% $35,667 $57,006 $9,701 $24,891 $105,430 Total Liabilities Common Stock $140,022 $52,971 2016 Retained Earnings $44,138 18.6% $97,109 Total Liab. & O. Equity 41.0% $78,310 $237,131 Total Equity $42,643 100.0% $201,314 Cash Flow Statement Cash Flows from Operating The Cash Flow Statement examines what happened in the Cash Account during the year. Cash injections appear as positive numbers and Activities: cash withdrawals as negative numbers. The Cash Flow Statement is an Net Income (Loss) excellent tool for diagnosing emergency loans. When negative cash flows Depreciation Extraordinary exceed positives, you are forced to seek emergency funding. For example, if sales are bad and you find yourself carrying an abundance of gains/losses/writeoffs Accounts Payable excess inventory, the report would show the increase in inventory as a huge negative cash flow. Too much unexpected inventory could outstrip Inventory your inflows, exhaust your starting cash and force you to beg for money to Accounts Receivable keep your company afloat. 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 2017 2016 $1,496 $17,889 ($728) $13,151 $0 $0 $2,898 ($5,402) ($4,077) $156 $1,635 ($891) $12,804 $13,322 ($50,680) ($52,360) $0 $17,304 $0 $23,090 $0 ($8,971) $0 $17,118 $0 $34,499 ($11,300) $12,106 $31,423 $52,424 ($6,453) $26,994 $13,386 $33,447 Page 1 Annual Report Top Annual Report Digby Round: 7 Dec. 31, 2017 C59559 2017 Income Statement (Product Name:) Sales Variable Costs: Direct Labor Direct Material Inventor y Carry Total Variable Contribu tion Margin $0 2017 Total $180,712 Common Size 100.0% $0 $0 $38,344 21.2% $9,782 $0 $0 $74,279 41.1% $64 $0 $0 $0 $1,819 1.0% $17,079 $24,081 $14,427 $0 $0 $114,442 63.3% $12,550 $10,497 $8,741 $0 $0 $66,270 36.7% Dot Dune Dart Deft Dim Don Na Na $18,172 $37,485 $37,681 $29,629 $34,577 $23,167 $0 $2,088 $7,901 $8,981 $5,463 $9,265 $4,645 $6,516 $16,770 $15,563 $10,898 $14,751 $197 $191 $649 $718 $8,801 $24,861 $25,193 $9,370 $12,624 $12,488 Period Costs: Depreci ation SG&A: R&D Prom otions Sales Admi n Total Period Net Margin $3,833 $4,753 $2,153 $2,040 $2,635 $2,475 $0 $0 $17,889 9.9% $983 $0 $973 $973 $995 $114 $0 $0 $4,039 2.2% $1,140 $1,140 $1,140 $1,140 $1,140 $1,140 $0 $0 $6,840 3.8% $1,000 $1,000 $1,900 $2,200 $900 $900 $0 $0 $7,900 4.4% $269 $555 $558 $438 $512 $343 $0 $0 $2,674 1.5% $7,225 $7,448 $6,724 $6,792 $6,182 $4,971 $0 $0 $39,342 21.8% $2,145 $5,176 $5,764 $5,759 $4,315 $3,769 $0 $0 $26,928 14.9% Definitions: Sales: Unit sales times list price. Direct Labor: Labor costs incurred to produce the Other product that was sold. Inventory Carry Cost: the cost to carry unsold goods in EBIT inventory. Depreciation: Calculated on straight-line 15-year depreciation of plant value. R&D Short Term Interest 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 LongTerm Interest Taxes 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 Profit Sharing issue new stocks or bonds plus consulting fees your instructor might assess. Write-offs include the Net Profit 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 $8,020 $18,909 $3,087 $13,474 $822 $31 $1,496 4.4% 10.5% 1.7% 7.5% 0.5% 0.0% 0.8% Page 2 1. The Chester company will continue to train their existing workforce at their current level to help reduce turnover and improve productivity next year. Employee training costs $20 per hour. How much would their training costs per employee be to the nearest dollar? Select: 1 $1,982 $400 $1,182 $800 2. The Baldwin company will sell 100 units (x1000) of capacity from their Bat product line. Each unit of capacity is worth $6 plus $4 per automation rating. The Baldwin company will sell the capacity for 35% off. How much do they receive when the capacity is sold? Select: 1 $3,400,000 $1,870,000 $2,210,000 $1,190,000 3. The Baldwin company currently has the following balances on their balance sheet: Assets $166,444 Common Stock $10,680 Retained earnings $83,595 Suppose next year the Baldwin Company generates $20,000 in net profit, pays $10,000 in dividends, assets change to $151,000, and common stock remains unchanged. What must their total liabilities be next year? Select: 1 $46,725 $26,725 $72,169 $57,405 4. Baldwin has negotiated a new labor contract for the next round that will affect the cost for their product Bold. Labor costs will go from $7.91 to $8.41 per unit. In addition, their material costs have fallen from $13.66 to $12.66. Assume all period costs as reported on Baldwin's Income Statement remain the same. If Baldwin were to pass on half the new costs of labor and half the savings in materials to customers by adjusting the price of their product, how many units of product Bold would need to be sold next round to break even on the product? Select: 1 531 482 1,910 521 5. Of Baldwin Corporation's products, which earned the lowest Net Margin as a percentage of its sales? Select: 1 Beetle Bold Bat Buddy 6. Assuming no brokerage fees, calculate the amount of cash needed to retire Baldwin's 11.2S2024 bond early. Select: 1 $5,574,762 $5,785,949 $6,222,795 7. How much would it cost for Chester Corporation to repurchase all its outstanding shares if the price went up by 10%? Assume no brokerage fees. Select: 1 $79.7 million $90.7 million $87.7 million $82.5 million 8. Suppose you were hired as a consultant for a company that wants to penetrate the Comp-XM market. This company wants to pursue a niche differentiation strategy. From last year's reports, which company would be the strongest competitor? Select: 1 Andrews Baldwin Digby Chester