Project 4
2/28/22, 9:45 AM Annual Report
https://ww5.capsim.com/capsimplatform/annual-report?simKey=520265&round=2&teamKey=3111264&historyKey=0&teamName=Andrews&token=98… 1/6
Andrews Annual Report
Round 2 - 2024 Round Sim ID RP106391_1
Cash Flow Statement
2023 2024
Cash Flows from Operating activities
Net Income(Loss) ($4,595) $696
Depreciation $2,947 $2,947
Extraordinary Gains/Losses/Write-offs $0 $0
Accounts Payable $603 ($128)
Inventory $2,791 ($2,536)
Accounts Receivable ($706) ($43)
Net Cash from Operations Activities $1,040 $936
Cash Flows from Investing Activities
Net Plant Improvements ($13,600) $0
Cash Flows from Financing Activities
Dividends Paid $0 $0
Sales Of Common Stock $6,600 $0
Purchase Of Common Stock $0 $0
Cash From Long-Term Debt Issued $5,100 $4,100
Early Retirement Of Long-Term Debt $0 $0
Net Change in Current Debt $0 $8,667
Net Cash from Financing Activities $11,700 $10,900
Net Change In Cash Position ($1,039) $11,627
Closing Cash Position $8,961 $20,588
Balance Sheet Assets
COOKIE SETTINGS
2/28/22, 9:45 AM Annual Report
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Cash Accounts Receivable Inventory
Plant and Equipment Accumulated Depreciation
Liabilities and Owner's Equity
Accounts Payable Current Debt Long-Term Debt
Common Stock Retained Earnings
COOKIE SETTINGS
2/28/22, 9:45 AM Annual Report
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Assets
2023 2024
Current Assets
Cash $8,961 $20,588
Accounts Receivable $4,666 $4,709
Inventory $0 $2,536
Total Current Assets $13,627 $27,833
Fixed Assets
Plant and Equipment $44,200 $44,200
Accumulated Depreciation ($13,147) ($16,093)
Total Fixed Assets $31,053 $28,107
Total Assets $44,680 $55,940
Liabilities and Owner's Equity
2023 2024
Liabilities
Accounts Payable $3,566 $3,438
Current Debt $0 $8,667
Long-Term Debt $16,300 $18,533
Total Liabilities $19,866 $30,638
Owner’s Equity
Common Stock $11,537 $11,537
Retained Earnings $13,277 $13,765
Total Owner's Equity $24,814 $25,302
Total Liabilities & Owner's Equity $44,680 $55,940
COOKIE SETTINGS
2/28/22, 9:45 AM Annual Report
https://ww5.capsim.com/capsimplatform/annual-report?simKey=520265&round=2&teamKey=3111264&historyKey=0&teamName=Andrews&token=98… 4/6
Income Statement USA
Able Total Industry
Avg Percentage
Sales $36,449 $36,449 $63,124 100%
Variable Costs
Direct Material $12,894 $12,894 $19,767 35.4%
Direct Labor $7,744 $7,744 $17,310 21.2%
Shipping $1,657 $1,657 $817 4.5%
Defects $1,317 $1,317 $1,774 3.6%
Inventory Carry $0 $0 $978 0%
Total Variable Costs (Labor, Material, Carry, Ship, Defect)
$23,613 $23,613 $40,646 64.8%
Contribution Margin $12,836 $12,836 $22,478 35.2%
Period Costs
Depreciation $0 $0 $2,286 0%
SG&A
R&D $598 $598 $1,181 1.6%
Promotions $3,000 $3,000 $1,858 8.2%
Sales $3,000 $3,000 $2,108 8.2%
Administration $450 $450 $603 1.2%
Total Period Costs $7,048 $7,048 $8,036 19.3%
Net Margin $5,788 $5,788 $14,442 15.9%
Other Expenses $205 $354 0.6%
EBIT $5,583 $14,088 15.3%
Short Term Interest $624 $1,703 1.7%
Long Term Interest $1,750 $1,631 4.8%
Taxes & Tariffs $2,581 $4,511 7.1%
Pro�t Sharing $27 $132 0.1%
Net Pro�t $1,330 $6,484 3.6%
COOKIE SETTINGS
2/28/22, 9:45 AM Annual Report
https://ww5.capsim.com/capsimplatform/annual-report?simKey=520265&round=2&teamKey=3111264&historyKey=0&teamName=Andrews&token=98… 5/6
Income Statement Germany
Able Total Industry
Avg Percentage
Sales $0 $0 $14,542 --
Variable Costs
Direct Material $0 $0 $4,621 --
Direct Labor $0 $0 $5,000 --
Shipping $0 $0 $1,035 --
Defects $0 $0 $401 --
Inventory Carry $0 $0 $0 --
Total Variable Costs (Labor, Material, Carry, Ship, Defect)
$0 $0 $11,057 --
Contribution Margin $0 $0 $3,485 --
Period Costs
Depreciation $0 $0 $0 --
SG&A
R&D $0 $0 $0 --
Promotions $0 $0 $825 --
Sales $0 $0 $933 --
Administration $0 $0 $129 --
Total Period Costs $0 $0 $1,888 --
Net Margin $0 $0 $1,597 --
Other Expenses $0 $0 --
EBIT $0 $1,597 --
Short Term Interest $0 $0 --
Long Term Interest $0 $0 --
Taxes & Tariffs $0 $1,965 --
Pro�t Sharing $0 $9 --
Net Pro�t $0 $349 --
COOKIE SETTINGS
2/28/22, 9:45 AM Annual Report
https://ww5.capsim.com/capsimplatform/annual-report?simKey=520265&round=2&teamKey=3111264&historyKey=0&teamName=Andrews&token=98… 6/6
Income Statement China
Able Total Industry
Avg Percentage
Sales $20,846 $20,846 $11,304 100%
Variable Costs
Direct Material $9,210 $9,210 $4,150 44.2%
Direct Labor $5,532 $5,532 $3,352 26.5%
Shipping $0 $0 $418 0%
Defects $941 $941 $395 4.5%
Inventory Carry $304 $304 $567 1.5%
Total Variable Costs (Labor, Material, Carry, Ship, Defect)
$15,987 $15,987 $8,883 76.7%
Contribution Margin $4,859 $4,859 $2,421 23.3%
Period Costs
Depreciation $2,947 $2,947 $907 14.1%
SG&A
R&D $0 $0 $0 0%
Promotions $1,000 $1,000 $983 4.8%
Sales $1,500 $1,500 $1,158 7.2%
Administration $257 $257 $116 1.2%
Total Period Costs $5,704 $5,704 $3,165 27.4%
Net Margin ($845) ($845) ($743) -4.1%
Other Expenses $0 $0 0%
EBIT ($845) ($743) -4.1%
Short Term Interest $0 $0 0%
Long Term Interest $0 $0 0%
Taxes & Tariffs ($211) $152 -1%
Pro�t Sharing $0 $0 0%
Net Pro�t ($634) ($726) -3%
COOKIE SETTINGS