The Baldwin's workforce complement will grow by 10% (rounded to the nearest person) next year. Ignoring downsizing from automating, what would their total recruiting cost be? Assume Baldwin spends the same amount extra above the $1,000 recruiting base as they did last year. Select: 1 Save Answer $306,000 $3,396,000 $2,830,000 $255,000 Annual Report Annual Report Top Andrews C59559 Round: 2 Dec. 31, 20211 Balance Sheet 2020 $45.449 $12,582 $2,409 2021 Common Size 39.5% 10.9% 2.1% $27.550 $12,390 $6,066 $60,440 52.5% $46,006 $113,712 ($59,131) 98.9% -51.4% $113.712 ($51,550) $54,581 47.5% $62,162 DEFINITIONS: Common Size: The common ASSETS 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 Receivable and payment of your products. Inventories: The Inventory current value of your inventory across all products. A zero indicates your company Total Current Assets stocked out. Unmet demand would, of course, fall to your competitors. Plant & Equipment: Plant & Equipment The current value of your plant. Accum Deprec: Accumulated Depreciation The total accumulated depreciation from your plant. Accts Payable: What the company Total Fixed Assets currently owes suppliers for materials and services. Current Debt: The debt the company Total Assets is obligated to pay during the next year of operations. It includes emergency loans used to LIABILITIES & OWNERS' keep your company solvent should you run out JEQUITY of cash during the year. Long Term Debt: The company's long term debt is in the form of Accounts Payable bonds, and this represents the total value of Current Debt your bonds. Common Stock: The amount of Long Term Debt capital invested by shareholders in the company. Retained Earnings: The profits that the Total Liabilities company chose to keep instead of paying to shareholders as dividends. Common Stock Retained Earnings $115,020 100.0% $108,167 $6,298 $11.300 $16.909 5.5% 9.8% 14.7% $6,595 SO $27.209 $34,507 30.0% $33,804 $12,064 $68,450 10.5% 59.5% $12.080 $62,2831 $80,514 70.0% $74.363 Total Equity Total Liab. & O. Equity $115.020 100.0% S108.167 Cash Flow Statement The Cash Flow Statement examines what happened in the Cash Cash Flows from Operating Activities: Account during the year. Cash injections appear as positive numbers and Net Income (Loss) Donronintion 2021 $6 250 67 661 2020 $3,2791 741 Dec. 31, 2021 Balance Sheet 2020 2021 Common Size 27.0% 10.8% 11.7% $38,595 $15,436 $16.753 $22.490 $12,541 $8.985 $70,784 49.5% $44,016 $121,760 ($49,404) 85.1% -34.5% $93.960 ($41,287) $72,356 50.5% $52,673 DEFINITIONS: Common Size: The common ASSETS 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 Receivable and payment of your products. Inventories: The Inventory current value of your inventory across all products. A zero indicates your company Total Current Assets stocked out. Unmet demand would, of course, fall to your competitors. Plant & Equipment: Plant & Equipment The current value of your plant. Accum Deprec: Accumulated Depreciation The total accumulated depreciation from your plant. Accts Payable: What the company Total Fixed Assets currently owes suppliers for materials and services. Current Debt: The debt company Total Assets is obligated to pay during the next year of operations. It includes emergency loans used to LIABILITIES & OWNERS' keep your company solvent should you run out EQUITY of cash during the year. Long Term Debt: The company's long term debt is in the form of Accounts Payable bonds, and this represents the total value of Current Debt your bonds. Common Stock: The amount of Long Term Debt capital invested by shareholders in the company. Retained Earnings: The profits that the Total Liabilities company chose to keep instead of paying to shareholders as dividends. Common Stock Retained Earnings $143.140 100.0% $96.689 $10.678 $30,817 $27,485 7.5% 21.5% 19.2% $7.819 $14,271 $20.790 $68.980 48.2% $42.880 $10.463 $63,696 7.3% 44.5% $8,804 $45,005 Total Equity $74,159 51.8% $53.809 Total Liab. & O. Equity $143.140 100.0% $96,689 Cash Flow Statement The Cash Flow Statement examines what happened in the Cash Cash Flows from Operating Activities: Account during the year. Cash injections appear as positive numbers and Net Income (Loss) cash withdrawals as negative numbers. The Cash Flow Statement is an Depreciation lexcellent tool for diagnosing emergency loans. When negative cash Extraordinary gains/losses/writeoffs flows exceed positives you are forced to seek emergency funding. For Accounts Payable example, if sales are bad and you find yourself carrying an abundance of Inventory excess inventory, the report would show the increase in inventory as a Accounts Receivable huge negative cash flow. Too much unexpected inventory could outstrip your inflows, exhaust your starting cash and force you to beg for money Net cash from operations to keep your company afloat. Cash Flows from Investing Activities: Plant Improvements Cash Flow Summary Cash Flows from Financing Activities: Dividends Paid 2021 $18.691 $8,117 SO $2,859 ($7,768) ($2,895) 2020 $13,060 $6.264 SO $1,437 $6,012 ($2,717) $19,004 $24.056 ($27,800) ($9,580) SO {$7,057) The Baldwin's workforce complement will grow by 10% (rounded to the nearest person) next year. Ignoring downsizing from automating, what would their total recruiting cost be? Assume Baldwin spends the same amount extra above the $1,000 recruiting base as they did last year. Select: 1 Save Answer $306,000 $3,396,000 $2,830,000 $255,000 Annual Report Annual Report Top Andrews C59559 Round: 2 Dec. 31, 20211 Balance Sheet 2020 $45.449 $12,582 $2,409 2021 Common Size 39.5% 10.9% 2.1% $27.550 $12,390 $6,066 $60,440 52.5% $46,006 $113,712 ($59,131) 98.9% -51.4% $113.712 ($51,550) $54,581 47.5% $62,162 DEFINITIONS: Common Size: The common ASSETS 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 Receivable and payment of your products. Inventories: The Inventory current value of your inventory across all products. A zero indicates your company Total Current Assets stocked out. Unmet demand would, of course, fall to your competitors. Plant & Equipment: Plant & Equipment The current value of your plant. Accum Deprec: Accumulated Depreciation The total accumulated depreciation from your plant. Accts Payable: What the company Total Fixed Assets currently owes suppliers for materials and services. Current Debt: The debt the company Total Assets is obligated to pay during the next year of operations. It includes emergency loans used to LIABILITIES & OWNERS' keep your company solvent should you run out JEQUITY of cash during the year. Long Term Debt: The company's long term debt is in the form of Accounts Payable bonds, and this represents the total value of Current Debt your bonds. Common Stock: The amount of Long Term Debt capital invested by shareholders in the company. Retained Earnings: The profits that the Total Liabilities company chose to keep instead of paying to shareholders as dividends. Common Stock Retained Earnings $115,020 100.0% $108,167 $6,298 $11.300 $16.909 5.5% 9.8% 14.7% $6,595 SO $27.209 $34,507 30.0% $33,804 $12,064 $68,450 10.5% 59.5% $12.080 $62,2831 $80,514 70.0% $74.363 Total Equity Total Liab. & O. Equity $115.020 100.0% S108.167 Cash Flow Statement The Cash Flow Statement examines what happened in the Cash Cash Flows from Operating Activities: Account during the year. Cash injections appear as positive numbers and Net Income (Loss) Donronintion 2021 $6 250 67 661 2020 $3,2791 741 Dec. 31, 2021 Balance Sheet 2020 2021 Common Size 27.0% 10.8% 11.7% $38,595 $15,436 $16.753 $22.490 $12,541 $8.985 $70,784 49.5% $44,016 $121,760 ($49,404) 85.1% -34.5% $93.960 ($41,287) $72,356 50.5% $52,673 DEFINITIONS: Common Size: The common ASSETS 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 Receivable and payment of your products. Inventories: The Inventory current value of your inventory across all products. A zero indicates your company Total Current Assets stocked out. Unmet demand would, of course, fall to your competitors. Plant & Equipment: Plant & Equipment The current value of your plant. Accum Deprec: Accumulated Depreciation The total accumulated depreciation from your plant. Accts Payable: What the company Total Fixed Assets currently owes suppliers for materials and services. Current Debt: The debt company Total Assets is obligated to pay during the next year of operations. It includes emergency loans used to LIABILITIES & OWNERS' keep your company solvent should you run out EQUITY of cash during the year. Long Term Debt: The company's long term debt is in the form of Accounts Payable bonds, and this represents the total value of Current Debt your bonds. Common Stock: The amount of Long Term Debt capital invested by shareholders in the company. Retained Earnings: The profits that the Total Liabilities company chose to keep instead of paying to shareholders as dividends. Common Stock Retained Earnings $143.140 100.0% $96.689 $10.678 $30,817 $27,485 7.5% 21.5% 19.2% $7.819 $14,271 $20.790 $68.980 48.2% $42.880 $10.463 $63,696 7.3% 44.5% $8,804 $45,005 Total Equity $74,159 51.8% $53.809 Total Liab. & O. Equity $143.140 100.0% $96,689 Cash Flow Statement The Cash Flow Statement examines what happened in the Cash Cash Flows from Operating Activities: Account during the year. Cash injections appear as positive numbers and Net Income (Loss) cash withdrawals as negative numbers. The Cash Flow Statement is an Depreciation lexcellent tool for diagnosing emergency loans. When negative cash Extraordinary gains/losses/writeoffs flows exceed positives you are forced to seek emergency funding. For Accounts Payable example, if sales are bad and you find yourself carrying an abundance of Inventory excess inventory, the report would show the increase in inventory as a Accounts Receivable huge negative cash flow. Too much unexpected inventory could outstrip your inflows, exhaust your starting cash and force you to beg for money Net cash from operations to keep your company afloat. Cash Flows from Investing Activities: Plant Improvements Cash Flow Summary Cash Flows from Financing Activities: Dividends Paid 2021 $18.691 $8,117 SO $2,859 ($7,768) ($2,895) 2020 $13,060 $6.264 SO $1,437 $6,012 ($2,717) $19,004 $24.056 ($27,800) ($9,580) SO {$7,057)