Project 4

2/25/22, 4:13 PM Annual Report

https://ww5.capsim.com/capsimplatform/annual-report?simKey=520265&round=1&teamKey=3111264&historyKey=0&teamName=Andrews&token=A4… 1/6

Andrews Annual Report

Round  1 - 2023 Round  Sim ID RP106391_1

Cash Flow Statement

2022 2023

Cash Flows from Operating activities

Net Income(Loss) $5,748 ($4,595)

Depreciation $2,040 $2,947

Extraordinary Gains/Losses/Write-offs $0 $0

Accounts Payable $963 $603

Inventory ($2,791) $2,791

Accounts Receivable $3,040 ($706)

Net Cash from Operations Activities $8,999 $1,040

Cash Flows from Investing Activities

Net Plant Improvements $0 ($13,600)

Cash Flows from Financing Activities

Dividends Paid $0 $0

Sales Of Common Stock $0 $6,600

Purchase Of Common Stock $0 $0

Cash From Long-Term Debt Issued $0 $5,100

Early Retirement Of Long-Term Debt $0 $0

Net Change in Current Debt $0 $0

Net Cash from Financing Activities $0 $11,700

Net Change In Cash Position $8,999 ($1,039)

Closing Cash Position $9,999 $8,961

Balance Sheet Assets

COOKIE SETTINGS

2/25/22, 4:13 PM 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

2/25/22, 4:13 PM Annual Report

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Assets

2022 2023

Current Assets

Cash $9,999 $8,961

Accounts Receivable $3,960 $4,666

Inventory $2,791 $0

Total Current Assets $16,750 $13,627

Fixed Assets

Plant and Equipment $30,600 $44,200

Accumulated Depreciation ($10,200) ($13,147)

Total Fixed Assets $20,400 $31,053

Total Assets $37,150 $44,680

Liabilities and Owner's Equity

2022 2023

Liabilities

Accounts Payable $2,963 $3,566

Current Debt $0 $0

Long-Term Debt $11,200 $16,300

Total Liabilities $14,163 $19,866

Owner’s Equity

Common Stock $4,937 $11,537

Retained Earnings $18,051 $13,277

Total Owner's Equity $22,988 $24,814

Total Liabilities & Owner's Equity $37,150 $44,680

COOKIE SETTINGS

2/25/22, 4:13 PM Annual Report

https://ww5.capsim.com/capsimplatform/annual-report?simKey=520265&round=1&teamKey=3111264&historyKey=0&teamName=Andrews&token=A4… 4/6

Income Statement USA

Able Total Industry

Avg Percentage

Sales $38,886 $38,886 $53,616 100%

Variable Costs

Direct Material $16,743 $16,743 $18,891 43.1%

Direct Labor $10,690 $10,690 $14,630 27.5%

Shipping $1,692 $1,692 $611 4.4%

Defects $1,692 $1,692 $1,582 4.4%

Inventory Carry $0 $0 $370 0%

Total Variable Costs (Labor, Material, Carry, Ship, Defect)

$30,816 $30,816 $36,084 79.2%

Contribution Margin $8,069 $8,069 $17,532 20.8%

Period Costs

Depreciation $0 $0 $1,541 0%

SG&A

R&D $500 $500 $831 1.3%

Promotions $3,000 $3,000 $1,825 7.7%

Sales $3,000 $3,000 $2,008 7.7%

Administration $323 $323 $481 0.8%

Total Period Costs $6,823 $6,823 $6,686 17.5%

Net Margin $1,246 $1,246 $10,846 3.2%

Other Expenses $2,585 $893 6.6%

EBIT ($1,339) $9,953 -3.4%

Short Term Interest $0 $260 0%

Long Term Interest $1,565 $1,307 4%

Taxes & Tariffs $539 $3,540 1.4%

Pro�t Sharing $0 $112 0%

Net Pro�t ($2,665) $5,036 -6.9%

COOKIE SETTINGS

2/25/22, 4:13 PM Annual Report

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Income Statement Germany

Able Total Industry

Avg Percentage

Sales $0 $0 $11,147 --

Variable Costs

Direct Material $0 $0 $3,433 --

Direct Labor $0 $0 $3,329 --

Shipping $0 $0 $760 --

Defects $0 $0 $282 --

Inventory Carry $0 $0 $0 --

Total Variable Costs (Labor, Material, Carry, Ship, Defect)

$0 $0 $7,803 --

Contribution Margin $0 $0 $3,343 --

Period Costs

Depreciation $0 $0 $0 --

SG&A

R&D $0 $0 $0 --

Promotions $0 $0 $183 --

Sales $0 $0 $233 --

Administration $0 $0 $114 --

Total Period Costs $0 $0 $531 --

Net Margin $0 $0 $2,812 --

Other Expenses $0 $0 --

EBIT $0 $2,812 --

Short Term Interest $0 $0 --

Long Term Interest $0 $0 --

Taxes & Tariffs $0 $2,015 --

Pro�t Sharing $0 $27 --

Net Pro�t $0 $1,328 --

COOKIE SETTINGS

2/25/22, 4:13 PM Annual Report

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Income Statement China

Able Total Industry

Avg Percentage

Sales $17,883 $17,883 $8,087 100%

Variable Costs

Direct Material $8,829 $8,829 $3,102 49.4%

Direct Labor $5,610 $5,610 $2,400 31.4%

Shipping $0 $0 $270 0%

Defects $922 $922 $299 5.2%

Inventory Carry $0 $0 $108 0%

Total Variable Costs (Labor, Material, Carry, Ship, Defect)

$15,361 $15,361 $6,180 85.9%

Contribution Margin $2,523 $2,523 $1,907 14.1%

Period Costs

Depreciation $2,947 $2,947 $907 16.5%

SG&A

R&D $0 $0 $0 0%

Promotions $1,000 $1,000 $808 5.6%

Sales $1,000 $1,000 $917 5.6%

Administration $149 $149 $74 0.8%

Total Period Costs $5,095 $5,095 $2,705 28.5%

Net Margin ($2,573) ($2,573) ($798) -14.4%

Other Expenses $0 $0 0%

EBIT ($2,573) ($798) -14.4%

Short Term Interest $0 $0 0%

Long Term Interest $0 $0 0%

Taxes & Tariffs ($643) $25 -3.6%

Pro�t Sharing $0 $0 0%

Net Pro�t ($1,930) ($711) -10.8%

COOKIE SETTINGS