Project 4
3/3/22, 9:18 AM Annual Report
https://ww5.capsim.com/capsimplatform/annual-report?simKey=520265&round=4&teamKey=3111264&historyKey=0&teamName=Andrews&token=B9… 1/6
Andrews Annual Report
Round 4 - 2026 Round Sim ID RP106391_1
Cash Flow Statement
2025 2026
Cash Flows from Operating activities
Net Income(Loss) $16,665 $19,379
Depreciation $3,536 $3,853
Extraordinary Gains/Losses/Write-offs $0 $0
Accounts Payable $1,490 ($494)
Inventory $199 ($2,912)
Accounts Receivable ($3,639) ($225)
Net Cash from Operations Activities $18,251 $19,602
Cash Flows from Investing Activities
Net Plant Improvements ($8,840) ($4,760)
Cash Flows from Financing Activities
Dividends Paid $0 ($12,028)
Sales Of Common Stock $0 $4,400
Purchase Of Common Stock $0 $0
Cash From Long-Term Debt Issued $3,900 $8,000
Early Retirement Of Long-Term Debt $0 $0
Net Change in Current Debt ($8,667) $8,733
Net Cash from Financing Activities ($4,767) $5,372
Net Change In Cash Position $4,249 $19,855
Closing Cash Position $24,837 $44,692
Balance Sheet Assets
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3/3/22, 9:18 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
3/3/22, 9:18 AM Annual Report
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Assets
2025 2026
Current Assets
Cash $24,837 $44,692
Accounts Receivable $8,348 $8,573
Inventory $2,337 $5,249
Total Current Assets $35,522 $58,513
Fixed Assets
Plant and Equipment $53,040 $57,800
Accumulated Depreciation ($19,629) ($23,483)
Total Fixed Assets $33,411 $34,317
Total Assets $68,933 $92,830
Liabilities and Owner's Equity
2025 2026
Liabilities
Accounts Payable $4,928 $4,434
Current Debt $0 $8,733
Long-Term Debt $22,433 $26,700
Total Liabilities $27,362 $39,868
Owner’s Equity
Common Stock $11,537 $15,937
Retained Earnings $30,034 $37,026
Total Owner's Equity $41,571 $52,962
Total Liabilities & Owner's Equity $68,933 $92,830
COOKIE SETTINGS
3/3/22, 9:18 AM Annual Report
https://ww5.capsim.com/capsimplatform/annual-report?simKey=520265&round=4&teamKey=3111264&historyKey=0&teamName=Andrews&token=B9… 4/6
Income Statement USA
Able Total Industry
Avg Percentage
Sales $68,355 $68,355 $77,573 100%
Variable Costs
Direct Material $15,806 $15,806 $22,434 23.1%
Direct Labor $13,242 $13,242 $20,608 19.4%
Shipping $2,929 $2,929 $1,082 4.3%
Defects $1,854 $1,854 $2,059 2.7%
Inventory Carry $630 $630 $5,634 0.9%
Total Variable Costs (Labor, Material, Carry, Ship, Defect)
$34,461 $34,461 $51,817 50.4%
Contribution Margin $33,894 $33,894 $25,756 49.6%
Period Costs
Depreciation $0 $0 $3,788 0%
SG&A
R&D $637 $637 $1,084 0.9%
Promotions $3,000 $3,000 $2,867 4.4%
Sales $3,000 $3,000 $3,183 4.4%
Administration $851 $851 $1,048 1.2%
Total Period Costs $7,488 $7,488 $11,970 11%
Net Margin $26,406 $26,406 $13,786 38.6%
Other Expenses $620 $756 0.9%
EBIT $25,786 $13,030 37.7%
Short Term Interest $585 $10,161 0.9%
Long Term Interest $2,407 $3,312 3.5%
Taxes & Tariffs $10,712 $795 15.7%
Pro�t Sharing $269 $124 0.4%
Net Pro�t $13,180 ($886) 19.3%
COOKIE SETTINGS
3/3/22, 9:18 AM Annual Report
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Income Statement Germany
Able Total Industry
Avg Percentage
Sales $0 $0 $24,522 --
Variable Costs
Direct Material $0 $0 $8,244 --
Direct Labor $0 $0 $7,656 --
Shipping $0 $0 $1,643 --
Defects $0 $0 $733 --
Inventory Carry $0 $0 $312 --
Total Variable Costs (Labor, Material, Carry, Ship, Defect)
$0 $0 $18,588 --
Contribution Margin $0 $0 $5,934 --
Period Costs
Depreciation $0 $0 $0 --
SG&A
R&D $0 $0 $0 --
Promotions $0 $0 $1,342 --
Sales $0 $0 $1,633 --
Administration $0 $0 $424 --
Total Period Costs $0 $0 $3,399 --
Net Margin $0 $0 $2,535 --
Other Expenses $0 $0 --
EBIT $0 $2,535 --
Short Term Interest $0 $0 --
Long Term Interest $0 $0 --
Taxes & Tariffs $0 $3,263 --
Pro�t Sharing $0 $12 --
Net Pro�t $0 $486 --
COOKIE SETTINGS
3/3/22, 9:18 AM Annual Report
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Income Statement China
Able Total Industry
Avg Percentage
Sales $35,945 $35,945 $28,121 100%
Variable Costs
Direct Material $8,749 $8,749 $8,087 24.3%
Direct Labor $7,428 $7,428 $7,020 20.7%
Shipping $0 $0 $1,049 0%
Defects $1,033 $1,033 $754 2.9%
Inventory Carry $0 $0 $2,189 0%
Total Variable Costs (Labor, Material, Carry, Ship, Defect)
$17,210 $17,210 $19,100 47.9%
Contribution Margin $18,735 $18,735 $9,020 52.1%
Period Costs
Depreciation $3,853 $3,853 $1,507 10.7%
SG&A
R&D $0 $0 $0 0%
Promotions $3,000 $3,000 $1,992 8.3%
Sales $3,000 $3,000 $2,233 8.3%
Administration $448 $448 $382 1.2%
Total Period Costs $10,301 $10,301 $6,113 28.7%
Net Margin $8,434 $8,434 $2,907 23.5%
Other Expenses $0 $0 0%
EBIT $8,434 $2,907 23.5%
Short Term Interest $0 $0 0%
Long Term Interest $0 $0 0%
Taxes & Tariffs $2,109 $1,769 5.9%
Pro�t Sharing $127 $68 0.4%
Net Pro�t $6,199 $1,591 17.2%
COOKIE SETTINGS