Project 4
3/1/22, 9:35 AM Annual Report
https://ww5.capsim.com/capsimplatform/annual-report?simKey=520265&round=3&teamKey=3111264&historyKey=0&teamName=Andrews&token=D8… 1/6
Andrews Annual Report
Round 3 - 2025 Round Sim ID RP106391_1
Cash Flow Statement
2024 2025
Cash Flows from Operating activities
Net Income(Loss) $696 $16,665
Depreciation $2,947 $3,536
Extraordinary Gains/Losses/Write-offs $0 $0
Accounts Payable ($128) $1,490
Inventory ($2,536) $199
Accounts Receivable ($43) ($3,639)
Net Cash from Operations Activities $936 $18,251
Cash Flows from Investing Activities
Net Plant Improvements $0 ($8,840)
Cash Flows from Financing Activities
Dividends Paid $0 $0
Sales Of Common Stock $0 $0
Purchase Of Common Stock $0 $0
Cash From Long-Term Debt Issued $4,100 $3,900
Early Retirement Of Long-Term Debt $0 $0
Net Change in Current Debt $8,667 ($8,667)
Net Cash from Financing Activities $10,900 ($4,767)
Net Change In Cash Position $11,627 $4,249
Closing Cash Position $20,588 $24,837
Balance Sheet Assets
COOKIE SETTINGS
3/1/22, 9:35 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
3/1/22, 9:35 AM Annual Report
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Assets
2024 2025
Current Assets
Cash $20,588 $24,837
Accounts Receivable $4,709 $8,348
Inventory $2,536 $2,337
Total Current Assets $27,833 $35,522
Fixed Assets
Plant and Equipment $44,200 $53,040
Accumulated Depreciation ($16,093) ($19,629)
Total Fixed Assets $28,107 $33,411
Total Assets $55,940 $68,933
Liabilities and Owner's Equity
2024 2025
Liabilities
Accounts Payable $3,438 $4,928
Current Debt $8,667 $0
Long-Term Debt $18,533 $22,433
Total Liabilities $30,638 $27,362
Owner’s Equity
Common Stock $11,537 $11,537
Retained Earnings $13,765 $30,034
Total Owner's Equity $25,302 $41,571
Total Liabilities & Owner's Equity $55,940 $68,933
COOKIE SETTINGS
3/1/22, 9:35 AM Annual Report
https://ww5.capsim.com/capsimplatform/annual-report?simKey=520265&round=3&teamKey=3111264&historyKey=0&teamName=Andrews&token=D8… 4/6
Income Statement USA
Able Total Industry
Avg Percentage
Sales $62,040 $62,040 $72,212 100%
Variable Costs
Direct Material $16,063 $16,063 $21,452 25.9%
Direct Labor $15,532 $15,532 $20,190 25%
Shipping $2,820 $2,820 $963 4.5%
Defects $2,017 $2,017 $1,994 3.3%
Inventory Carry $0 $0 $3,297 0%
Total Variable Costs (Labor, Material, Carry, Ship, Defect)
$36,431 $36,431 $47,896 58.7%
Contribution Margin $25,609 $25,609 $24,316 41.3%
Period Costs
Depreciation $0 $0 $3,314 0%
SG&A
R&D $0 $0 $1,033 0%
Promotions $2,000 $2,000 $2,092 3.2%
Sales $2,000 $2,000 $2,425 3.2%
Administration $574 $574 $689 0.9%
Total Period Costs $4,574 $4,574 $9,552 7.4%
Net Margin $21,034 $21,034 $14,764 33.9%
Other Expenses $195 $395 0.3%
EBIT $20,839 $14,368 33.6%
Short Term Interest $0 $6,009 0%
Long Term Interest $2,132 $2,382 3.4%
Taxes & Tariffs $9,029 $2,952 14.6%
Pro�t Sharing $218 $137 0.4%
Net Pro�t $10,701 $3,318 17.2%
COOKIE SETTINGS
3/1/22, 9:35 AM Annual Report
https://ww5.capsim.com/capsimplatform/annual-report?simKey=520265&round=3&teamKey=3111264&historyKey=0&teamName=Andrews&token=D8… 5/6
Income Statement Germany
Able Total Industry
Avg Percentage
Sales $0 $0 $19,956 --
Variable Costs
Direct Material $0 $0 $6,289 --
Direct Labor $0 $0 $6,515 --
Shipping $0 $0 $1,324 --
Defects $0 $0 $567 --
Inventory Carry $0 $0 $636 --
Total Variable Costs (Labor, Material, Carry, Ship, Defect)
$0 $0 $15,331 --
Contribution Margin $0 $0 $4,625 --
Period Costs
Depreciation $0 $0 $0 --
SG&A
R&D $0 $0 $0 --
Promotions $0 $0 $1,058 --
Sales $0 $0 $1,167 --
Administration $0 $0 $197 --
Total Period Costs $0 $0 $2,422 --
Net Margin $0 $0 $2,203 --
Other Expenses $0 $0 --
EBIT $0 $2,203 --
Short Term Interest $0 $0 --
Long Term Interest $0 $0 --
Taxes & Tariffs $0 $2,700 --
Pro�t Sharing $0 $11 --
Net Pro�t $0 $489 --
COOKIE SETTINGS
3/1/22, 9:35 AM Annual Report
https://ww5.capsim.com/capsimplatform/annual-report?simKey=520265&round=3&teamKey=3111264&historyKey=0&teamName=Andrews&token=D8… 6/6
Income Statement China
Able Total Industry
Avg Percentage
Sales $39,524 $39,524 $17,770 100%
Variable Costs
Direct Material $11,592 $11,592 $5,293 29.3%
Direct Labor $10,712 $10,712 $4,921 27.1%
Shipping $0 $0 $544 0%
Defects $1,424 $1,424 $546 3.6%
Inventory Carry $280 $280 $768 0.7%
Total Variable Costs (Labor, Material, Carry, Ship, Defect)
$24,008 $24,008 $12,073 60.7%
Contribution Margin $15,516 $15,516 $5,697 39.3%
Period Costs
Depreciation $3,536 $3,536 $1,386 8.9%
SG&A
R&D $0 $0 $0 0%
Promotions $1,500 $1,500 $1,258 3.8%
Sales $2,000 $2,000 $1,658 5.1%
Administration $366 $366 $171 0.9%
Total Period Costs $7,402 $7,402 $4,474 18.7%
Net Margin $8,114 $8,114 $1,223 20.5%
Other Expenses $0 $0 0%
EBIT $8,114 $1,223 20.5%
Short Term Interest $0 $0 0%
Long Term Interest $0 $0 0%
Taxes & Tariffs $2,029 $804 5.1%
Pro�t Sharing $122 $35 0.3%
Net Pro�t $5,964 $633 15.1%
COOKIE SETTINGS