(Answered)-Assuming no brokerage fees, calculate the amount of cash needed - (2025 Updated Original AI-Free Solution

Question

Assuming no brokerage fees, calculate the amount of cash needed to retire Baldwin's 12.5S2023 bond early. Select: 1 $15,791,889 $13,958,729 $14,665,611 You are a Director in the Andrews Corporation. Your boss called you to inform you that there is a proposed layoff in your department that would affect three of six of your employees if it takes place. Given the sensitivity of the issue, your boss asks you to keep this information absolutely confidential. Later that day, one of your employees (Shelia) who would be affected stops you in the hallway and says she?s heard rumors about a layoff, remarking, "I?m not going to be fired am I?" The layoff in fact does occur and you now have to deliver the bad news to your employees. It?s likely to send shockwaves through the organization and there will no doubt be considerable bad press associated with the layoff. With which of the following issues should you be most concerned when talking with Shelia? Select: 1 Making sure that Shelia understands the economic need for laying-off staff. Clearly communicating that it?s not personal and that she has been a valuable employee. Making certain that she has a chance to air any negative feelings so she doesn?t feel a need to go the local newspaper. Ensuring that Shelia understands the process for how she was selected as one of the employees to be terminated. You are the IT manager for the Andrews Company. A large shipment of new computers has just arrived. You notice that the inventory is short one computer. The invoice, however, clearly states that all the computers ordered were shipped. You suspect that one of your employees (Bill) has something to do with the missing computer. Which of the following actions would be most effective in dealing with the missing computer? Select: 1 Ask another employee who is close friend of Bill?s to talk with him about the issue and to report back to you. Rule out other explanations such as an error by the computer distributor. Call Bill into your office and ask him directly about the missing computer. Send a letter to the computer distributor to document in writing that there was a problem with the shipment. Chester has negotiated a new labor contract for the next round that will affect the cost for their product Cell. Labor costs will go from $1.79 to $2.29 per unit. Assume all period and variable costs as reported on Chester's Income Statement remain the same. If Chester were to pass on half the new labor costs to their customers, how many units of product Cell would need to be sold next round to break even on the product? Select: 1 1,135 884 858 912 The Baldwin company currently has the following balances on their balance sheet: ??? Assets????????????????????????$225,083 ??? Common Stock?????????$52,421 ??? Retained earnings???$34,571 Suppose next year the Baldwin Company generates $20,000 in net profit, pays $10,000 in dividends, assets change to $151,000, and common stock remains unchanged. What must their total liabilities be next year? Select: 1 $54,008 $34,008 $138,091 $106,429 One of your teammates, Laura, is having difficulty accomplishing her assigned tasks. Which of the following actions would be most effective? Select: 1 Offer to help Laura with her tasks. Encourage Laura to work harder and remind her that everyone experiences difficulty. Schedule a team meeting so Laura can explain why they are having problems. Reassign her tasks to other team members so they will get done. As the leader of your newly formed 9-person team, one of your key concerns is that the team performs as a cohesive unit. Which of the following descriptions is most likely to indicate that your team is cohesive? Select: 1 There is very little conflict between team members. Team members prioritize the team?s goals over their own goals. Whenever tackling a new team task, members typically divide into the same 3 subgroups. Team members have no problem working independently or alone. Of Digby Corporation?s products, which earned the highest Net Margin as a percentage of its sales? Select: 1 Dug Deal Dim Dome It?s been six months since you began your role as a regional sales manager. Your territory includes the U.S., Canada, and Mexico, making it highly culturally diverse. You feel like you are doing fairly well, but still feel somewhat uncomfortable when coaching sales people from Mexico. In fact, a recent meeting with a Mexican sales rep did not go well. You tried to motivate him but he just became very defensive and you?re not sure if he reacted that way because of the negative performance feedback or because you violated some cultural norm, or both. You spoke with another manager in Mexico who assured you that you were culturally sensitive in your feedback delivery. Which of the following would be MOST HELPFUL in continuing to develop your cross-cultural skills in delivering performance feedback? Select: 1 Differentiate between what you say and how you say it. Determine whether you delivered the feedback with enough humility and deference. Deliver performance feedback to sales reps in a written format. Increase your confidence through practice by coaching Mexican sales-reps and then seeking feedback on your approach. One of your colleagues spends a great deal of time planning her interactions with people from different cultural backgrounds. Before she talks with people from a different culture, she researches their culture, tries to understand how it?s both similar and different from her own, and then tries to put herself "in their shoes" by testing how different statements might make her feel if she were from their culture. Which of the following views is MOST ACCURATE about her behavior with respect to being culturally competent? Select: 1 Although admirable, the most culturally competent people are authentic and her behavior is political in nature ? it would be better if she just tried to be herself. She should probably spend the most time on learning about the other culture rather than comparing it to her own because this distracts from the real issues at hand. She is missing the most important aspect of cultural competence, learning the language of the other culture. This type of cultural learning, although requiring a lot of effort, is essential to be the most effective you can be when talking with others from different cultures. One of your new suppliers, Kim, has been hearing rumors about your firm?s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. In replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. Which of the following aspects of effective communication should you give the MOST attention? Select: 1 Supporting your reply with relevant data and facts. Making sure you understand Kim?s areas of expertise. Establishing your credibility as an expert. Paying attention to implied communications. Tom works for a large payroll outsourcing firm. One of his key customer?s contracts is set to expire in one month. Competition has heated up in this industry and Tom?s customer asked him to make a presentation to the top management team about his firm?s services. In his presentation, he thanked the customers for their loyalty, talked about industry trends, highlighted how his firm has been successfully serving firms for decades (unlike the new players in the market), and then asked them to renew their business again by showing them pricing options. Tom didn?t get the contract renewed and wonders if his presentation had anything to do with it. Which of the following actions should Tom do in order to IMPROVE his future presentations? Select: 1 Spend less presentation time thanking the customer for his/her loyalty. Provide arguments that his firm can meet the customer?s specific needs. Spend more time talking about the competitions? low quality services. Assume the customer will renew and present pricing options upfront. The Digby company will increase its automation for the Dome product by 2.0. Assuming no further change in capacity, how much will this investment in automation cost? Select: 1 $9,600,000 $19,200,000 $16,800,000 $8,400,000 Suppose you were hired as a consultant for a company that wants to penetrate the Comp-XM market. This company wants to pursue a broad cost leader strategy. From last year?s reports, which company would be the strongest competitor? Select: 1 Baldwin Andrews Digby Chester Refer to the HR Report section of the Inquirer. Baldwin will continue to keep their current hourly levels of training in order to help reduce turnover and improve productivity next year. How much must be spent per employee on an hourly basis to maintain the current training commitment? Select: 1 $20 $18 $32 $8,771 What would Chester Corporation?s market capitalization be if the current stock price fell 10%?

Select: 1

$103.3 million $93.0 million $89.9 million $99.8 million

Report Page

Page 1 Front Page
Page 2 Stocks & Bonds
Page 3 Financial Summary
Page 4 Production Analysis

Annual Report Andrews

5/9/16, 11:42 AM

Page 5 Thrift Segment Analysis
Page 6 Core Segment Analysis
Page 7 Nano Segment Analysis
Page 8 Elite Segment Analysis

Annual Report Baldwin

Page 9 Market Share
Page 10 Perceptual Map
Page 11 HR/TQM Report

Annual Report Chester

Annual Report Digby

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"

Round: 3
Dec. 31, 2018

Kevin
Vu
Student: Kevin Vu

Andrews
Kevin Vu

Baldwin

Chester

Digby

Selected Financial Statistics
ROS
Asset Turnover
ROA
Leverage (Assets/Equity)
ROE
Emergency Loan
Sales
EBIT
Profits
Cumulative Profit
SG&A / Sales
Contrib. Margin %

Andrews
11.0%
1.44
15.7%
1.2
18.4%
$0
$191,678,504
$34,199,823
$21,028,027
$49,605,837
7.1%
31.9%

Baldwin
0.2%
0.66
0.1%
2.6
0.4%
$0
$148,829,554
$17,183,122
$323,742
$4,439,697
9.0%
36.4%

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Chester
-0.1%
0.71
-0.1%
2.4
-0.2%
$0
$171,482,453
$16,314,998
($188,284)
$5,786,472
12.3%
37.0%

Digby
12.3%
1.24
15.3%
1.7
26.5%
$0
$197,211,601
$44,831,082
$24,322,833
$51,266,729
6.7%
38.1%

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Stocks & Bonds

Round: 3

Kevin Vu

December 31 , 2018

Stock Market Summary
Company
Andrews
Baldwin
Chester
Digby

Close
$106.40
$24.74
$32.61
$103.95

Change
$21.92
($3.15)
($3.73)
$27.43

Shares
1,975,084
3,389,309
3,166,884
1,880,327

MarketCap ($M)
$210
$84
$103
$195

Book Value
$57.72
$25.67
$31.52
$48.90

EPS
$10.65
$0.10
($0.06)
$12.94

Dividend
$0.00
$0.00
$0.00
$0.00

Yield
0.0%
0.0%
0.0%
0.0%

P/E
10.0
256.3
-557.9
8.0

Bond Market Summary
Company
Andrews

Baldwin

Chester

Digby

Series#

Face

Yield

Close$

S&P

11.2S2022
11.9S2023

$3,100,212
$7,072,000

10.8%
11.1%

103.80
107.20

AAA
AAA

11.3S2022
12.5S2023
12.5S2024
12.5S2025
12.9S2026
13.4S2027
14.2S2028

$10,417,600
$14,665,611
$7,963,435
$9,569,958
$14,262,838
$34,685,144
$7,575,308

12.2%
13.1%
13.2%
13.3%
13.5%
13.7%
14.0%

92.41
95.18
94.54
93.98
95.35
97.52
101.57

CC
CC
CC
CC
CC
CC
CC

11.2S2022
12.4S2023
12.0S2025
12.6S2026
13.1S2027
13.8S2028

$8,632,724
$5,825,802
$15,610,279
$17,788,546
$34,262,859
$20,997,385

12.0%
12.9%
12.9%
13.2%
13.4%
13.7%

92.95
95.84
93.05
95.30
97.49
101.06

CC
CC
CC
CC
CC
CC

11.1S2024
11.2S2025
11.5S2026
11.7S2027
12.6S2028

$2,509,600
$5,662,814
$1,377,976
$17,254,856
$10,309,832

11.5%
11.6%
11.7%
11.8%
12.1%

96.70
96.80
98.01
98.93
103.97

BBB
BBB
BBB
BBB
BBB

Next Year's Prime Rate 9.00%
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Financial Summary
Cash Flow Statement Survey

Round: 3
December 31, 2018

Kevin Vu
Andrews

Baldwin

Chester

Digby

$21,028

$324

($188)

$24,323

$7,015
$172

$17,013
$0

$18,028
$0

$10,277
$0

$623
$15,747
($1,656)
$42,929

$347
($9,188)
$648
$9,144

$1,923
($7,853)
($2,228)
$9,682

$1,012
($4,853)
($2,418)
$28,341

$0

($27,100)

($53,160)

($35,500)

$0
$0
($2,000)
$0
($5,909)
($6,513)
$0
$0

$0
$12,542
$0
$7,575
$0
($43,171)
$30,542
$0

$0
$19,184
$0
$20,997
$0
($33,804)
$27,538
$0

$0
$0
($1,947)
$10,310
$0
($29,353)
$20,166
$0

($14,422)

$7,489

$33,916

($825)

Cash flows from operating activities
Net Income (Loss)
Adjustment for non-cash items:
Depreciation
Extraordinary gains/losses/writeoffs
Changes in current assets and liabilities:
Accounts payable
Inventory
Accounts receivable
Net cash from operations
Cash flows from investing activities
Plant improvements (net)
Cash flows from financing activities
Dividends paid
Sales of common stock
Purchase of common stock
Cash from long term debt issued
Early retirement of long term debt
Retirement of current debt
Cash from current debt borrowing
Cash from emergency loan
Net cash from financing activities
Net change in cash position

$28,506

($10,467)

($9,563)

($7,984)

Balance Sheet Survey
Cash
Accounts Receivable
Inventory
Total Current Assets

Andrews
$73,032
$15,754
$2,991
$91,777

Baldwin
$39,849
$12,233
$13,126
$65,208

Chester
$26,932
$14,094
$16,737
$57,763

Digby
$27,206
$16,209
$21,354
$64,769

Plant and equipment
Accumulated Depreciation
Total Fixed Assets

$105,224
($63,421)
$41,803

$255,200
($95,324)
$159,876

$270,420
($88,328)
$182,092

$154,160
($59,475)
$94,685

Total Assets

$133,580

$225,083

$239,855

$159,454

Accounts Payable
Current Debt
Long Term Debt
Total Liabilities

$9,400
$0
$10,172
$19,572

$8,409
$30,542
$99,140
$138,092

$9,364
$27,538
$103,118
$140,020

$10,218
$20,166
$37,115
$67,499

Common Stock
Retained Earnings
Total Equity

$10,999
$103,009
$114,007

$52,421
$34,571
$86,992

$55,236
$44,599
$99,835

$10,111
$81,844
$91,955

Total Liabilities & Owners' Equity

$133,580

$225,083

$239,855

$159,454

Income Statement Survey
Sales
Variable Costs (Labor, Material, Carry)
Depreciation
SGA (R&D, Promo, Sales, Admin)
Other (Fees, Writeoffs, TQM, Bonuses)
EBIT
Interest (Short term, Long term)
Taxes
Profit Sharing
Net Profit

Andrews
$191,679
$130,471
$7,015
$13,702
$6,291
$34,200
$1,189
$11,554
$429
$21,028

Baldwin
$148,830
$94,702
$17,013
$13,426
$6,506
$17,183
$16,675
$178
$7
$324

Chester
$171,482
$108,089
$18,028
$21,041
$8,009
$16,315
$16,605
($101)
$0
($188)

Digby
$197,212
$122,028
$10,277
$13,280
$6,795
$44,831
$6,648
$13,364
$496
$24,323

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Production Analysis

Round: 3
December 31, 2018

Kevin Vu

Production Information

Name

Primary
Segment

Units
Sold

Unit
Inven
tory

Revision Date

Age
Dec.31

MTBF

Pfmn
Coord

Size
Coord

Material
Price
Cost

Labor
Cost

Contr.
Marg.

2nd Shift
&
Overtime

Auto
mation Capacity
Next
Next
Round
Round

Plant
Utiliz.

Ace
Awe
Art
Ant

Nano
Elite
Thrift
Core

1,620
1,400
1,327
1,675

13
104
0
0

5/19/2018
5/19/2018
6/24/2018
7/12/2018

1.6
1.6
1.9
1.6

24000
26000
20000
22000

14.0
16.0
9.5
12.0

4.0
6.0
11.0
8.0

$37.00
$40.00
$23.00
$27.00

$14.15
$14.73
$8.32
$11.11

$10.91
$10.72
$7.16
$7.73

32%
35%
33%
27%

78%
65%
30%
0%

4.0
4.0
6.0
5.0

928
914
1,030
1,300

176%
164%
129%
59%

Bell
Bit
Boat
Buzz

Thrift
Thrift
Core
Core

2,174
2,264
1,534
1,708

153
332
278
274

6/10/2019
6/10/2019
12/16/2017
12/18/2017

3.7
3.6
2.1
2.1

17000
17000
18000
20000

8.8
9.0
11.9
12.6

11.2
11.0
7.5
8.0

$16.00
$16.00
$24.00
$24.00

$6.80
$6.96
$9.72
$10.36

$2.96
$2.97
$4.55
$4.48

37%
35%
38%
36%

47%
49%
62%
52%

10.0
10.0
8.0
8.0

1,600
1,800
1,200
1,400

145%
147%
160%
151%

Cell
City
Cozy
Cute
Crimp
Cake

Thrift
Core
Nano
Elite
Core
Core

1,078
1,893
1,149
773
1,539
1,027

360
261
235
222
95
26

12/20/2018
12/6/2016
12/17/2018
12/17/2018
12/25/2018
2/10/2018

2.2
3.1
1.0
1.0
0.9
0.9

14000
16000
18000
20000
16000
16000

9.5
10.4
13.9
17.0
11.8
11.5

10.5
9.6
3.4
5.9
8.1
8.5

$17.00
$19.00
$30.00
$36.00
$21.00
$22.00

$6.82
$8.14
$12.74
$13.59
$9.31
$9.03

$1.79
$4.08
$6.89
$6.15
$5.63
$4.45

52%
33%
34%
44%
30%
37%

0%
40%
47%
6%
59%
100%

10.0
10.0
7.0
7.0
8.0
8.0

1,250
1,550
1,000
900
1,050
1,040

99%
139%
146%
105%
157%
176%

Deal
Dim
Dome
Dug

Nano
Elite
Nano
Elite

1,700
1,238
1,222
1,408

130
131
347
380

11/5/2018
8/24/2018
7/3/2018
7/25/2018

1.2
1.9
1.3
1.3

23000
25000
23000
25000

14.5
17.3
15.0
17.1

3.5
5.5
3.0
5.2

$34.00
$34.00
$37.00
$37.00

$13.66
$14.56
$14.04
$14.57

$7.91
$6.66
$7.17
$7.37

38%
36%
40%
39%

100%
50%
35%
48%

7.0
7.0
7.0
7.0

1,150
800
1,200
1,250

198%
149%
134%
146%

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Thrift Market Segment Analysis

Kevin Vu

Round: 3
December 31, 2018

Thrift Statistics
Total Industry Unit Demand
Actual Industry Unit Sales
Segment % of Total Industry

6,985
6,985
26.1%

Next Year's Segment Growth Rate

11.0%

Thrift Customer Buying Criteria
1.
2.
3.
4.

Expectations
$14.00 - 26.00
MTBF 14000-20000
Pfmn 9.0 Size 11.0
Ideal Age = 3.0

Price
Reliability
Ideal Position
Age

Importance
55%
20%
15%
10%

Perceptual Map for Thrift Segment

Top Products in Thrift Segment
Name
Bell
Bit
Cell
Art
City
Crimp
Ant
Cake

Market
Share
29%
29%
15%
12%
12%
3%
1%
0%

Units Sold
to Seg
2,001
2,001
1,054
815
804
214
62
34

Revision
Date
Stock Out
6/10/2019
6/10/2019
12/20/2018
6/24/2018
YES
12/6/2016
12/25/2018
7/12/2018
YES
2/10/2018

Pfmn
Coord
8.8
9.0
9.5
9.5
10.4
11.8
12.0
11.5

Size
Coord
11.2
11.0
10.5
11.0
9.6
8.1
8.0
8.5

List
Price
$16.00
$16.00
$17.00
$23.00
$19.00
$21.00
$27.00
$22.00

MTBF
17000
17000
14000
20000
16000
16000
22000
16000

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Age
Dec.31
3.74
3.64
2.25
1.91
3.11
0.88
1.57
0.89

Promo Cust. AwareBudget
ness
$1,250
78%
$1,250
79%
$1,140
66%
$1,400
100%
$1,140
67%
$1,140
58%
$1,400
100%
$1,140
51%

Sales Cust. Access- Dec. Cust.
Budget
ibility
Survey
$1,400
75%
54
$1,400
75%
55
$1,000
72%
31
$1,000
37%
26
$1,000
72%
24
$900
72%
0
$1,000
37%
0
$900
72%
3
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Core Market Segment Analysis

Kevin Vu

Round: 3
December 31, 2018

Core Statistics
Total Industry Unit Demand
Actual Industry Unit Sales
Segment % of Total Industry

8,898
8,898
33.3%

Next Year's Segment Growth Rate

10.0%

Core Customer Buying Criteria
1.
2.
3.
4.

Expectations
$20.00 - 32.00
Ideal Age = 2.0
MTBF 16000-22000
Pfmn 12.0 Size 8.0

Price
Age
Reliability
Ideal Position

Importance
46%
20%
18%
16%

Perceptual Map for Core Segment

Top Products in Core Segment
Name
Buzz
Ant
Boat
Crimp
City
Cake
Art
Bit
Bell
Cell
Deal

Market
Share
18%
16%
16%
15%
12%
11%
6%
3%
2%
0%
0%

Units Sold
to Seg
1,627
1,452
1,437
1,324
1,088
994
512
263
173
24
3

Revision
Date
Stock Out
12/18/2017
7/12/2018
YES
12/16/2017
12/25/2018
12/6/2016
2/10/2018
6/24/2018
YES
6/10/2019
6/10/2019
12/20/2018
11/5/2018

Pfmn
Coord
12.6
12.0
11.9
11.8
10.4
11.5
9.5
9.0
8.8
9.5
14.5

Size
Coord
8.0
8.0
7.5
8.1
9.6
8.5
11.0
11.0
11.2
10.5
3.5

List
Price
$24.00
$27.00
$24.00
$21.00
$19.00
$22.00
$23.00
$16.00
$16.00
$17.00
$34.00

MTBF
20000
22000
18000
16000
16000
16000
20000
17000
17000
14000
23000

COMP-XM? INQUIRER

http://ww2.capsim.com/cgi-bin/displayReport.cfm?Report=CapCourier|AnnReport#frontpage

Age
Dec.31
2.10
1.57
2.09
0.88
3.11
0.89
1.91
3.64
3.74
2.25
1.24

Promo Cust. AwareBudget
ness
$1,250
78%
$1,400
100%
$1,250
78%
$1,140
58%
$1,140
67%
$1,140
51%
$1,400
100%
$1,250
79%
$1,250
78%
$1,140
66%
$1,350
87%

Sales Cust. Access- Dec. Cust.
Budget
ibility
Survey
$1,100
76%
50
$1,000
43%
43
$1,100
76%
44
$900
72%
38
$1,000
72%
26
$900
72%
31
$1,000
43%
16
$1,400
76%
2
$1,400
76%
0
$1,000
72%
8
$1,000
11%
0
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5/9/16, 11:42 AM

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