Page 1 Front Page Page 2 Stocks amp; Bonds Page 3 Financial Summary Page 4 Production Analysis Annual Report Andrews Page 5 Thrift Segment Analysis...

Last year Art charged $4,293,333 Depreciation on the Income Statement of Andrews. If early this year Art sold all its depreciable assets for their book value, the effect on Andrews's financial statements would be (all other items remaining equal):

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No impact on Net Cash from operations

Decrease Net Cash from operations on the Cash Flow Statement

Just impact the Balance Sheet

Increase Net Cash from operations

The Baldwin company wants to decrease its plant utilization for Best by 15%. How many units would need to be produced next year to meet this production goal? Ignore impact of accounts payable on plant utilization.

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1,373

1,598

1,485

1,167

Chester's balance sheet has $85,640,000 in equity. Further, the company is expecting net income of 4,000,000 next year, and also expecting to pay $5,000,000 in dividends. If there is no new stock issued what will be Chester's book value?

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$35,102,000

$45,102,000

$94,640,000

$84,640,000

Which company has the least efficient SG&A/Sales ratio?

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Andrews

Digby

Chester

Baldwin

Assume Baldwin Corp. is downsizing the size of their workforce by 15% (to the nearest person) next year from various strategic initiatives. Baldwin is planning to conduct exit interviews to learn more about how they can improve in processes and increase productivity. The exit interviews are estimated to cost $100 per employee in additional to normal separation costs of $5000. How much will the company pay in separation costs if these exit interviews are implemented next year?

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$163,800

$397,800

$921,900

$2,238,900

Currently Baldwin is paying a dividend of $14.25 (per share). If this dividend were raised by $3.64, given its current stock price what would be the Dividend Yield?

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$17.89

9.8%

12.3%

$3.64

Your Competitive Intelligence team reports that a wave of product liability lawsuits is likely to cause Chester to pull the product Camp entirely off the market this year. Assume Chester scraps all capacity and inventory this round, completely writing off those assets and escrowing the proceeds to a settlement fund, and assume these lawsuits will have no effect on any other products of Chester or other companies. Without Chester's product Camp how much can the industry currently produce in the Core segment? Consider only products primarily in the Core segment last year. Ignore current inventories. Figures in thousands (000).

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8,685

7,585

8,564

9,560

9,664

4,780

3,986

In the Month of March, Chester received orders of 172 units at a price of $15.00 for their product Cone, and in April receives an order for 43 units of their product Cone at $15.00. Chester uses the accrual method of accounting and offers 30 days credit terms. Chester delivers 0 units in March, 172 units in April and 43 units in May. They received payment for 172 units in April, and payment for 43 units in May. How much revenue is recognized on the March income statement from this order? How much in the April Income statement? (Answer in thousands)

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$1,075 , $1,075

0, $2,580

$2,580 , $645

$3,225 , 0