Team Andrews help with these questions

Describe the overall strategy and its implementation. Here you can describe the types of decisions you made for R&D, Production, Marketing, Finance, TQM, and HR. Describe what happened over the course of the 8 rounds. Tell the story. Identify and explain the challenges, successes, and failures. What worked and didnt work? What would you do again? What mistakes would you avoid in the future? What did your competitors do? What surprised you?

Selected Financial Statistics

	Andrews	Baldwin	Chester	Digby	Erie	Ferris
ROS	2.7%	9.7%	8.0%	9.6%	12.6%	14.5%
Asset Turnover	1.50	1.11	0.89	1.19	0.81	1.28
ROA	4.0%	10.8%	7.1%	11.4%	10.2%	18.5%
Leverage (Assets/Equity)	-8.0	1.9	1.9	1.9	1.8	1.9
ROE	-32.2%	20.3%	13.6%	22.2%	18.8%	34.8%
Emergency Loan	$58,788,557	$0	$0	$0	$0	$0
Sales	$126,924,586	$101,629,132	$61,023,798	$127,126,418	$55,829,882	$100,644,535
EBIT	$19,355,594	$19,537,976	$10,913,186	$24,016,707	$14,248,271	$26,167,915
Profits	$3,404,940	$9,827,713	$4,859,865	$12,170,262	$7,034,626	$14,556,329
Cumulative Profit	($3,480,270)	$47,291,779	$29,926,494	$58,956,435	$29,096,654	$52,551,462
SG&A / Sales	17.8%	10.0%	12.2%	8.8%	9.4%	7.9%
Contrib. Margin %	38.0%	34.7%	37.7%	32.3%	43.6%	37.4%

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Financial Summary		F131097_004	Round: 7 December 31, 2028

Cash Flow Statement Survey	Andrews	Baldwin	Chester	Digby	Erie	Ferris
Cash flows from operating activities
Net Income (Loss)	$3,405	$9,828	$4,860	$12,170	$7,035	$14,556
Adjustment for non-cash items:
Depreciation	$3,850	$5,320	$4,574	$5,675	$4,560	$3,405
Extraordinary gains/losses/writeoffs	$0	$0	$0	$0	$0	$0
Changes in current assets and liabilities:
Accounts payable	($54)	$362	($1,044)	($74)	($738)	$121
Inventory	$9,954	$5,121	$3,698	$5,243	$2,741	$846
Accounts receivable	($3,529)	($1,897)	$557	($1,017)	$41	($217)
Net cash from operations	$13,626	$18,734	$12,646	$21,996	$13,638	$18,712
Cash flows from investing activities
Plant improvements (net)	$0	($10,600)	($4,200)	($10,300)	($7,200)	($7,680)
Cash flows from financing activities
Dividends paid	($6,126)	$0	$0	($861)	$0	($6,111)
Sales of common stock	$0	$1,768	$730	$0	$2,516	$0
Purchase of common stock	$0	$0	$0	$0	$0	$0
Cash from long term debt issued	$0	$3,171	$921	$2,248	$2,358	$1,520
Early retirement of long term debt	$0	$0	$0	$0	$0	$0
Retirement of current debt	($70,289)	($17,928)	($14,105)	($17,625)	($14,575)	($18,179)
Cash from current debt borrowing	$4,000	$14,020	$11,151	$21,037	$9,856	$18,409
Cash from emergency loan	$58,789	$0	$0	$0	$0	$0
Net cash from financing activities	($13,626)	$1,031	($1,302)	$4,798	$154	($4,361)
Net change in cash position	$0	$9,165	$7,144	$16,495	$6,592	$6,671

Balance Sheet Survey	Andrews	Baldwin	Chester	Digby	Erie	Ferris
Cash	$0	$20,830	$14,600	$28,857	$13,826	$28,058
Accounts Receivable	$15,648	$8,353	$5,016	$10,449	$4,589	$8,272
Inventory	$35,190	$8,563	$6,750	$9,206	$7,024	$7,131
Total Current Assets	$50,838	$37,746	$26,366	$48,512	$25,438	$43,461
Plant and equipment	$57,756	$79,804	$68,612	$85,120	$68,400	$51,080
Accumulated Depreciation	($23,828)	($26,130)	($26,368)	($26,847)	($24,843)	($15,648)
Total Fixed Assets	$33,928	$53,674	$42,244	$58,273	$43,557	$35,432
Total Assets	$84,766	$91,420	$68,610	$106,785	$68,995	$78,893
Accounts Payable	$1,766	$4,946	$2,294	$5,462	$1,759	$5,038
Current Debt	$62,789	$14,020	$11,151	$21,037	$9,856	$18,409
Total Current Liabilities	$64,555	$18,966	$13,445	$26,499	$11,615	$23,447
Long Term Debt	$30,774	$24,082	$19,528	$25,413	$19,939	$13,620
Total Liabilities	$95,329	$43,047	$32,973	$51,912	$31,554	$37,066
Common Stock	$2,029	$6,374	$6,958	$6,880	$11,836	$3,053
Retained Earnings	($12,592)	$41,999	$28,679	$47,994	$25,606	$38,774
Total Equity	($10,562)	$48,373	$35,637	$54,873	$37,441	$41,827
Total Liabilities & Owners' Equity	$84,766	$91,420	$68,610	$106,785	$68,995	$78,893

Income Statement Survey	Andrews	Baldwin	Chester	Digby	Erie	Ferris
Sales	$126,925	$101,629	$61,024	$127,126	$55,830	$100,645
Variable Costs (Labor, Material, Carry)	$78,638	$66,319	$37,998	$86,097	$31,503	$62,996
Contribution Margin	$48,287	$35,310	$23,026	$41,029	$24,327	$37,649
Depreciation	$3,850	$5,320	$4,574	$5,675	$4,560	$3,405
SGA (R&D, Promo, Sales, Admin)	$22,581	$10,204	$7,456	$11,226	$5,275	$8,000
Other (Fees, Writeoffs, TQM, Bonuses)	$2,500	$247	$83	$112	$244	$76
EBIT	$19,356	$19,538	$10,913	$24,017	$14,248	$26,168
Interest (Short term, Long term)	$14,010	$4,110	$3,284	$4,911	$3,205	$3,317
Taxes	$1,871	$5,400	$2,670	$6,687	$3,865	$7,998
Profit Sharing	$69	$201	$99	$248	$144	$297
Net Profit	$3,405	$9,828	$4,860	$12,170	$7,035	$14,556

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