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2016/4/27 Page 1 Front Page Page 2 Stocks & Bonds Page 3 Financial Summary Page 4 Production Analysis Annual Report Andrews Report Page Page 5

Could you please help me with those Comp-xm questions?

What is the Current Ratio of Chester?

Select: 1

 

2.69

 

1.45

 

1.90

 

4.53

Digby has an asset turnover of 1.58 (Asset Turnover = Sales/Assets). That means:

Select: 1

 

Each $1.00 of assets in the firm generates $1.58 of sales revenue.

 

Every $1.58 of assets in the firm generates $1.00 of sales.

 

Every $1.58 of profit in the firm comes from each $1.00 of sales.

 

Every $1.00 of assets in the firm generates $1.58 of profit.

Midyear on July 31st, the Baldwin Corporation's balance sheet reported:

Total Liabilities of $102.585 million
Cash of $8.040 million
Total Assets of $166.195 million
Retained Earnings of $35.980 million.

What was the Baldwin Corporation's common stock?

Select: 1

 

$35.670 million

 

$99.590 million

 

$27.630 million

 

$107.630 million

Which mission statement best represents the Chester company?

Select: 1

 

Consistency and affordability are our goals. Our central mission is to offer dependable, low-price products that our customers can count on.

 

Innovation meets revolution. We create value for our customers through breakthrough designs that lead to unique high-performance products.

 

Providing value to our customers is why we get up in the morning. We accomplish this by offering products at a low price our customers can afford across a wide variety of market segments.

 

Lasting innovation is our motivation. We build premium products that are elegantly designed to meet the needs of a variety of market segments.

Review the Inquirer to determine Chester's current strategy. How will they seek a competitive advantage? From the following list, select the top five sources of competitive advantage that Chester would be most likely to pursue.

Select: 5

 

Accept lower plant utilization and higher capacities to insure sufficient capacity is available to meet demand

 

Increase demand through TQM initiatives

 

Seek excellent product designs, high awareness, and high accessibility

 

Seek the lowest price in their target market while maintaining a competitive contribution margin

 

Reduce labor costs through training and recruitment

 

Reduce cost of goods through TQM initiatives

 

Seek high plant utilization, even if it risks occasional small stockouts

 

Add additional products

 

Seek high automation levels

 

Offer attractive credit terms

If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be:

Select: 1

 

Retained earnings would increase by $3,975

 

Retained earnings would increase by $39,748

 

Equity would decrease by $3,975

 

Equity would increase by $39,748

The Andrews Company has just purchased $56,980,000 of plant and equipment that has an estimated useful life of 15 years. The expected salvage value at the end of 15 years is $5,698,000. What will the book value of this purchase (exclude all other plant and equipment) be after its third year of use? (Use FASB GAAP)

Select: 1

 

$49,382,667

 

$46,723,600

 

$45,584,000

 

$41,025,600

2016/4/27 Report Page http://ww2.capsim.com/cgi-bin/displayReport.cfm?Report=CapCourier|AnnReport#frontpage 1/25 Page 1 Front Page Page 2 Stocks & Bonds Page 3 Financial Summary Page 4 Production Analysis Page 5 Thrift Segment Analysis Page 6 Core Segment Analysis Page 7 Nano Segment Analysis Page 8 Elite Segment Analysis Page 9 Market Share Page 10 Perceptual Map Page 11 HR/TQM Report Annual Report Andrews Annual Report Baldwin Annual Report Chester Annual Report Digby PRINT
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2016/4/27 Report Page http://ww2.capsim.com/cgi-bin/displayReport.cfm?Report=CapCourier|AnnReport#frontpage 2/25 Top " Round: 1 Dec. 31, 2016 Student: Song Wang Song Wang Andrews Song Wang Baldwin Chester Digby Selected Financial Statistics Andrews Baldwin Chester Digby ROS 1.4% 3.7% 3.6% 8.0% Asset Turnover 1.03 0.96 0.81 1.58 ROA 1.5% 3.6% 2.9% 12.6% Leverage (Assets/Equity) 1.5 2.6 2.4 1.8 ROE 2.3% 9.4% 7.1% 23.0% Emergency Loan $0 $0 $0 $0 Sales $139,749,644 $159,924,358 $120,812,403 $151,734,943 EBIT $8,104,196 $20,869,338 $16,616,630 $23,109,077 Profits $2,001,891 $5,984,331 $4,400,476 $12,151,948 Cumulative Profit $2,001,891 $5,984,331 $4,400,476 $12,151,948 SG&A / Sales 11.2% 8.7% 12.7% 8.7% Contrib. Margin % 36.1% 29.7% 35.6% 32.2% COMP­XM® INQUIRER Page 1
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Great question... View the full answer

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Answers in order
1. 1.45
2. Each $1.00 of assets in the firm generates $1.58 of the sales revenue
3. $27.630 million
4. Providing value to our customers is why we get up in every morning. We...

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