Post on 14-Apr-2018
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Results for company name: FIN-NEWS
Materials
Special Options
Cost of Goods Sold:
Beginning Inventory: ( 8,425 at 70.14 )
1,500,000
0
Income from securities
Quarterly Performance Report
Quarter Number 3
no
Sales revenue ( 92,287 units at 100.00 )
Strike settlement (per hr.)
Ten-year bonds 0
Three-year loans 0
0
Two-year loans 0
Machine units bought
Financing Decisions
40,000
0Short-term loans
Project A
Decision Inputs for Quarter Number 3
Company Operating Decisions
Units to be produced 100,000
Investment Decisions
Short-term investment
Demand/price forecast 0
0
Div. per common share
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Intermediate Term Loan Interest 65,811
0Bond Redemption Costs
29,400Bond Interest
Operating Income Before Extraordinary Items
Extraordinary Items
Income Before Taxes
Total Financial Charges
Penalty Loan Interest
0
Selling and administrative expenses
Short Term Bank Interest
0
Financial Expenses:
Less: Ending Inventory ( 16,138 units )
Cost of Goods Sold
Gross Profit
478,125
Plant
Depreciation: Mach. and Equip.
1,300,000
2,068,229
Production Costs ( 100,000 at 70.68 )
Other Overhead Costs 200,000
Goods Available for Sale ( 70.64 per unit )
Total Indirect Costs
Warehousing Costs 90,104
Total Direct Costs 5,000,000
Direct Labor 3,500,000
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0
19,187,125
Earnings to Common Stockholders
Position Statement
Current Assets
6,183,229
Plant 16,055,250
Total Fixed Assets
1,139,996
Machinery and Equipment 3,131,875
Inventory ( 16,138 units at 70.64 /UNIT )
LIABILITIES AND OWNER EQUITY
27,984,690
Current Liabilities
Accounts Payable 520,000
Total Assets
Short Term Loans Payable
Net Income Transferred to Retained Earnings
8,797,565
Fixed Assets (net of depreciation
Quarter Number 3
ASSETS
Common Stock Dividends ( 0.00 per share )
Accounts Receivable
Total Current Assets
Cash 1,274,341
Marketable Securities 200,000
Preferred Stock Dividind
Income After Taxes
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Quarterly EPS 0.81 Dividend Yield
Actual unit price 98.68 Actual unit demand
Marketable Security YieldPrice earnings ratio 21.8
HISTORICAL INFORMATION
Retained Earnings
18,177,460
Quarter Number 3
27,984,690
Common share price 70.84
Summary Data
Accumulated Wealth
Total Liabilities and Equity
24,102,188Total Equity
5,924,730
Total Liabilities 3,882,500
Common Stock ( 1,280,000 shares )
Owners' Equity
Preferred Stock ( 0 shares ) 0
1,200,000
Short Term Penalty Loan 0
Bonds Maturing
600,000Bonds
912,500Total Long Term Liabilities
Long Term Liabilities
312,500
3 years 0
Intermediate Loans: 2 years
1,250,000
2,970,000Total Current Liabilities
Intermediate Term Debt Maturing
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0
Plant
Bonds
3-year 0 0
Warehouse fees:
Short-term 0 0
2-year 312,500 312,500
300,000 300,000
Units of machine capacity 115,000 100,000
Principal repayment on debt:
Depreciation: Machinery 644,375 571,250
1,874,500 1,563,500
200,000Other overhead 200,000
Projects 0
Units forecast
4
Price per unit forecast 106.43
116,722 111,171
140,000 120,000
106.47
Units of plant capacity
0
5
INFORMATION FOR FUTURE QUARTERS:
Unpaid preferred dividend/shareCommon tender or sell/sh
3.11% 2.50%
Outstanding debt yields:
Short-term
1.81%
3-year loan-year loan
Bond call premium
Preferred dividend yield
Return on equity
Call premium: preferred 8.00%
Preferred stock price 46.05
Return on investment 14.86%
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590,964
0
2,361 9,231,061
0
Common shar
9,228,700
Dollar penalty
Common tend
Per unit price
0
0
Preferred shar
Project B
Units of plant b
no
0
Risk of S-T inv 0
Sales discount 0.00%
100
0Advertising co
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1,155,219
1,556,646
0
1,155,218
95,211
1,461,435
2,711,864
6,519,196
1,139,996
7,068,229
7,659,192
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1,039,697
0
1,039,697
1,039,697
0
,
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0.00%
1.18%
93,506
70.95
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0 0
0
312,500312,500
300,000
300,000
100,000
571,250 282,500
1,242,000 1,242,000
200,000 200,000
0 0
45,000
103.19
90,000 90,000
97.42
7
102,179 108,788
6
0
1.40%
Penalty loan
8.00%
Bonds
17.25%
8.00%
2.17%
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0.89 0
14,582 0.83 0.03
-7,820120,000
100,000
Unit Labor sav., Qtr.4 Change/Qtr. Labor Sav.
2.16%
Unit Capacity verhead Savin
Over 120,000
Bond Preferred
1.03%
25 33
Next 20,000
50
3
341Plant
8
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Units to be produced 100,000 Per unit price
Div. per common share -$ Advertising cost
Demand/price forecast -$ Sales discount
Short-term investment -$ Risk of S-T investment
Machine units bought 40,000 Units of plant bought
Project A no Project B
Short-term loans -$ Preferred shares
Two-year loans -$ Common shares
Three-year loans -$ Common tender price
Ten-year bonds -$
Strike settlement (per hr.) -$ Dollar penalty
Special Options
Decision Inputs for Quarter Number 3
Company Operating Decisions
Investment Decisions
Financing Decisions
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100.00$
-$
0%
0
0
no
-$
-$
-$
-$
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Sales revenue ( 92,287 units at 100.00 ) 9,228,700$
Income from securities 2,362$
Cost of Goods Sold:Beginning Inventory: ( 8,425 at 70.14 ) 590,964$
Materials 1,500,000$
Direct Labor 3,500,000$
Total Direct Costs 5,000,000$
Warehousing Costs 90,104$
Depreciation: Mach. and Equip. 478,125$
Plant 1,300,000$
Other Overhead Costs 200,000$
Total Indirect Costs 2,068,229$
Production Costs ( 100,000 at 70.68 ) 7,068,229$
Goods Available for Sale ( 70.64 per unit ) 7,659,193$
Less: Ending Inventory ( 16,138 units ) 1,139,996$
Cost of Goods Sold
Gross Profit
Selling and administrative expenses
Operating Income Before Interest and Taxes (EBIT)
Financial Expenses:
Short Term Bank Interest -$
Penalty Loan Interest -$
Intermediate Term Loan Interest 65,811$
Bond Interest 29,400$Bond Redemption Costs -$
Total Financial Charges
Operating Income Before Extraordinary Items
Extraordinary Items
Income Before Taxes
Income Tax (rate is 10%)
Income After Taxes
Preferred Stock Dividind
Earnings to Common Stockholders
Common Stock Dividends ( 0.00 per share )
Net Income Transferred to Retained Earnings
ASSETS
Current Assets
Quarterly Performance Report
Quarter Number 3
Position Statement
Quarter Number 3
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Cash 1,274,341$
Marketable Securities 200,000$
Accounts Receivable 6,183,229$
Inventory ( 16,138 units at 70.64 /UNIT ) 1,139,996$
Total Current Assets 8,797,566$
Fixed Assets (net of depreciation
Machinery and Equipment 3,131,875$Plant 16,055,250$
Total Fixed Assets 19,187,125$
Total Assets 27,984,691$
LIABILITIES AND OWNER EQUITY
Current Liabilities
Accounts Payable 520,000$
Short Term Loans Payable -$
Short Term Penalty Loan -$
Intermediate Term Debt Maturing 1,250,000$
Bonds Maturing 1,200,000$
Total Current Liabilities 2,970,000$
Long Term Liabilities
Intermediate Loans: 2 years 312,500$
3 years -$
Bonds 600,000$
Total Long Term Liabilities 912,500$
Total Liabilities 3,882,500$
Owners' Equity
Preferred Stock ( 0 shares ) -$
Common Stock ( 1,280,000 shares ) 18,177,460$
Retained Earnings 5,924,730$
Total Equity 24,102,190$
Total Liabilities and Equity 27,984,690$
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9,231,062$
6,519,196$
2,711,866$
1,461,435$
1,250,431$
95,211$
1,155,220$
-$
1,155,220$
462,088$
693,132$
-$
693,132$
-$
693,132$
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HISTORICAL INFORMATION
Common share price 70.84$
Quarterly EPS 0.81$Price earnings ratio 21.8
Actual unit price 98.68$
Preferred stock price 46.05$
Return on investment 14.860%
Call premium: preferred 8.000%
Common tender or sell/sh -$
Outstanding debt yields:
Short-term 2-year loan 3-year loan
1.810% 3.110% 2.500%
4 5
Units forecast 116,722 111,171
Price per unit forecast 106.43$ 106.47$
Units of plant capacity 140,000 120,000
Units of machine capacity 115,000 100,000
Other overhead 200,000$ 200,000$
Depreciation: Machinery 644,375$ 571,250$
Projects -$ -$
Plant 1,874,500$ 1,563,500$Principal repayment on debt:
Short-term -$ -$
2-year 312,500$ 312,500$
3-year -$ -$
Bonds 300,000$ 300,000$
Warehouse fees:
Units First 2000
Cost/Unit 1.00$
Production costs per unit next quarter:
Materials 15.00$ MachineryUnits First 60,000 Next 40,000
Labor cost 39.00$ 29.00$
Rates on funding in quarter 4
Short-term 2-year loan 3-year loan
1.803% 1.609% 1.416%
Interest due next quarter:
Short-term -$
Intermediate 48,593$
Summary Data
Quarter Number 3
INFORMATION FOR FUTURE Q
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Bonds 25,200$
Capital budgeting projects for next quarter:
Life Cost
A 2-yr 669,696$
B 3-yr 536,544$
0 to 60,000
60,000 to 100,000
100,000 to 120,000
120,000 and up
0 to 2,000
2000 to 7,000
7,000 and up
Inventory Levels
Range of Production
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Unit Capacity Overhead Saving Unit Labor sav., Qtr.4 Change/Qtr. Labor Sav.
100,000 14,582.00$ 0.83$ 0.03$
120,000 (7,820.00)$ 0.89$ -$
Marginal Cost/Unit Direct Labor Cost
39.00$ 4,485,000$
29.00$ 3,935,000$
25.00$ 3,875,000$
33.00$ 3,835,000$
Marginal Cost/Unit Warehouse Cost
1.00$ 16,171$
3.00$ 44,514$
8.00$ 90,370$
arehousing Cost Table
Direct Labor Cost Table
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4 5 6 7
Beg. Inv 16,228 16,171 7,698 23,536
Production 115,000 100,000 120,000 100,000
Est. Sales 115,057 108,473 104,162 108,788
Ending Inv 16,171 7,698 23,536 14,748
Over Prod Limit Over Prod Limit
Plant
Existing 140,000 120,000 90,000 90,000
1st Addition - -
2nd Addition -
Total 140,000 120,000 90,000 90,000
Machines
Existing 115,000 100,000 100,000 45,000
1st Addition - 20,000 20,000
2nd Addition - -
3rd Addition -
Total 115,000 100,000 120,000 65,000
Plant
Units - -
Cost -$ -$ -$ -$
MachineryUnits - - -
Cost -$ -$ -$ -$
Total Cost -$ -$ -$ -$
4 Quarter 108,788 108,788
3 Quarter 102,179 102,179
2 Quarter 111,171 111,171
1 Quarter 116,722Exp. Sales 115,057 108,473 104,162 108,788
4 Quarter 103.19$ 103.19$
3 Quarter 97.42$ 97.42$
2 Quarter 106.47$ 106.47$
1 Quarter 106.43$
Unit Price Forecasts
Production Plan for next 4 Quarters
Production Capacities
Purchases
Unit Sales Forecasts
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Exp. Sales 106.44 103.76 99.15 103.19
Common Stock:
Current Stock Price: 70.84$ Per Share Reciepts -$
# of Shares Outstanding: 1,200,000Total Cash Inflow FromStock Issue: -$
Current Common Stock
Cash Value 18,177,460.00$
Total Shares
Outstanding After
Issue Decision: 1,200,000
# of Shares Offered: -
Total Cash Value of
Stock After Issue
Decision: 18,177,460.00$
Issuing Stock
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Assumptions for next quarter (Not part of the decision set)
Next Quarter 4
Units Sold (assumed) 115,057
Price per unit (assumed) 100.00$
Return of marketable securities 1.33%
Units to be produced 115,000 Per unit price
Div. per common share -$ Advertising cost
Demand/price forecast N/A Sales discount
Short-term investment -$ Risk of S-T investment
Machine units bought - Units of plant bought
Project A 0 Project B
Short-term loans -$ Preferred shares
Two-year loans -$ Common shares
Three-year loans Common tender price
Ten-year bonds
Strike settlement (per hr.) N/A Dollar penalty
Special Options
Quarter Number 4
Proforma Decisions for next quarter
Company Operating Decisions
Investment Decisions
Financing Decisions
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$100.00
N/A
0%
0
-
0
-$
-$
-$
N/A
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Quarter Number: 4
Sales revenue 115,057 $100.00 11,505,670$
Income from securities 2,656$
Cost of Goods Sold:Beginning Inventory: (units @ $ per unit) 16,228 70.25$ 1,139,996$
Materials 1,725,000$
Direct Labor 3,875,000$
Total Direct Costs 5,600,000$
Warehousing Costs 90,370$
Depreciation: Mach. and Equip. 644,375$
Plant 1,874,500$
Other Overhead Costs 200,000$
Total Indirect Costs 2,809,245$
Production Costs (units @ $ per unit) 115,000 73.12$ 8,409,245$
Goods Available for Sale (units @ $ per unit) 131,228 72.77$ 9,549,241$
Less: Ending Inventory 16,171 1,176,758$
Cost of Goods Sold
Gross Profit
Selling and administrative expenses
Earnings before intrest and taxes (EBIT)
Financial Expenses:
Short Term Bank Interest -$
Penalty Loan Interest 476,303$
Intermediate Term Loan Interest 48,593$
Bond Interest 25,200$Bond Redemption Costs -$
Total Financial Charges
Operating Income Before Extraordinary Items
Extraordinary Items
Income Before Taxes
Income Tax
Income After Taxes
Preferred Stock Dividends
Earnings to Common Stockholders
Common Stock Dividends 1,200,000 shares outstanding
Net Income Transferred to Retained Earnings
Quarter Number: 4
ASSETS
Current Assets
Proforma Quarterly Performance Report
Position Statement
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Cash 3,122,437$
Marketable Securities 200,000$
Accounts Receivable 7,708,799$
Inventory 1,176,758$
Total Current Assets 12,207,994$
Fixed Assets (net of depreciation)
Machinery and Equipment 2,487,500$Plant 14,180,750$
Total Fixed Assets 16,668,250$
Total Assets 28,876,244$
LIABILITIES AND OWNER EQUITY
Current Liabilities
Accounts Payable 580,000$
Short Term Loans Payable -$
Short Term Penalty Loan -$
Intermediate Term Debt Maturing 416,667$
Bonds Maturing 600,000$
Total Current Liabilities 1,596,667$
Long Term Liabilities
Intermediate Loans: 2 years 104,167$
3 years -$
Bonds 300,000$
Total Long Term Liabilities 404,167$
Total Liabilities 2,000,833$
Owners' Equity
Preferred Stock ( 0 shares ) -$
Common Stock ( 1,000,000 shares ) 18,177,460$
Retained Earnings 6,834,147$
Total Equity 25,011,607$
Total Liabilities and Equity 27,012,440$
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11,508,326$
8,372,483$
3,135,843$
1,575,284$
1,560,559$
penalty loan problem
550,096$
1,010,463$
-$
1,010,463$
101,046$
909,417$
-$
909,417$
-$
909,417$
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cash problem
short term penalty loan problem 6351455
476,303$
debt schedule prob -3122437.2
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Cash Inflows Cash sales (33% of Sales) 3,796,871$
Accounts Receivable collected 6,183,229$
Income from Marketable Securities 2,656$
Extraordinary Gain -$
Sales of Marketable Securities -$
Issuance of:
Short-Term Loans -$
Penalty Loans -$
Two-Year Loans -$
Three-Year Loans -$
Long-Term Debt -$
Preferred Stock TBA
Common Stock -$
Total Inflows 9,982,756$
Net Flow (total inflows total outflows) 1,848,096$
Beginning Cash Balance 1,274,341$
Ending Cash Balance 3,122,437$
Proforma CashQuarter Numb
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Cash Outflows Production Cash Flows
Materials (90% cash) 1,552,500$
Direct Labor (90% cash) 3,487,500$
Warehousing Fees 90,370$
Other Overhead Charges (90% cash) 180,000$
Accounts Payable Payments 520,000$
Financial Expenses:
Short-Term Loan Interest:
Bank -$
Shark Loan Inc. -$
Intermediate-Term Loan Interest 48,593$
Bond Interest 25,200$
Bond Redemption Costs -$
Selling and Administrative Expenses 1,575,284$Machinery Purchased -$
Capital Budgeting Projects Purchased TBA
Plant Additions Purchased -$
Extraordinary Loss -$
Income Tax 101,046$
Preferred Stock Dividends -$
Common Stock Dividends -$
Purchase of Marketable Securities -$
Payments and Retirement of:
Short-Term Loans -$
Penalty Loans -$
Two-Year Loans 104,167$
Three-Year Loans 300,000$
Debentures 150,000$
Preferred Stock TBA
Common Stock -$
Total Outflows 8,134,660$
udgeter 4
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Principle Maturity Date
Next Quarterley
Repayment Current Portion
Short-term Debt
-$
Total -$ -$
2yr Debt
312,500$ 9 104,167$ 416,667$
Total 104,167$ 416,667$
3yr Debt
-$ 13 -$ -$600,000$ 4 300,000$ -$
-$ 18 -$ -$
Total 300,000$ -$
10yr Debt
-$ 0 -$ -$
42 -$ -$
600,000$ 10 150,000.00 600,000$
Total 150,000$ 600,000$
New Debt
Short-term -$ 7 -$ -$
2yr -$ 11 -$ -$
3yr -$ 15 -$ -$
10yr -$ 43 -$ -$
Debt Retirement
Short-term -$ -$ -$
2yr -$ -$ -$
3yr -$ -$ -$
10yr -$ -$ -$
Repayment Totals Proforma Totals
Short-term -$ -$ -$
2yr 625,000$ 104,167$ 416,667$
3yr 300,000$ 300,000$ -$
10yr 1,050,000$ 150,000$ 600,000$
Details of Debt at beginning of
Quarter Number 4
Change in Debt for Next Quarter
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Iterest on New Debt
Debt offering premium 0.00%
Short-term -$
2yr -$
3yr -$
10yr -$
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Long-term
portion
-$
104,167$
104,167$
-$-$
-$
-$
-$
-$
300,000$
300,000$
-$
-$
-$
-$
-$
-$
-$
-$
-$
104,167$
-$
300,000$
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Qtr 3 Proforma Qtr 4
Current Ratio 2.96 Times 7.65 Times
Quick Ratio 2.58 Times 6.91 Times
Inventory Turnover 22.87 Times 28.46 Times
Days Sales in Inventory 15.74 days 12.65 days
Account Receivable Turnover 5.97 Times 5.97 Times
Average Collection Period 60.28 days 60.29 days
Fixed Asset Turnover 1.92 Times 2.76 Times
Total Asset Turnover 1.32 Times 1.59 Times
Total Debt Ratio 13.87% 6.93%
Long-Term Debt Ratio 3.26% 1.40%
LTD to Total Capitalization 4.78% 2.18%
Debt to Equity 0.16 Times 0.08 Times
LTD to Equity 0.05 Times 0.02 Times
Times Interest Earned 13.13 Times 2.84 Times
Cash Coverage Ratio 31.81 Times 7.42 Times
Gross Profit Margin 29.38% 27.25%
Operating Profit Margin 13.55% 13.56%
Net Profit Margin 7.51% 7.90%
Return on Total Assets 9.91% 12.60%
Return on Equity 11.50% 14.54%
Return on Common Equity 11.50% 14.54%
Net Profit Margin 7.51% 7.90%
x Total Asset Turnover 1.32 Times 1.59 Times
x Equity Multiplier 1.16 Times 1.08 TimesROE 11.50% 13.61%
Factors Weights
NWC/Total Assets 0.2082 1.2
Retained Earnings/ Total Assets 0.0248 1.4
EBIT/Total Assets 0.1787 3.3
Du Pont Analysis of ROE
Altman Z score
Ratio Analysis
Liquidity Ratios
Efficiency Ratios
Leverage Ratios
Converage Ratios
Profitablility Ratios
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Market Value Equity/BV Debt 18.2460 0.6
Sales/ Total Assets 1.3194 1
Z-Score 13.14
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1.13%
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5 6 7 8
-$ -$ -$ -$(95,000)$ (98,000)$ (101,000)$ (104,000)$
(14,582)$ (14,582)$ (14,582)$ (14,582)$
83,712$ 83,712$ 83,712$ 83,712$
25,870$ 28,870$ 31,870$ 34,870$
2,587$ 2,887$ 3,187$ 3,487$
23,283$ 25,983$ 28,683$ 31,383$
83,712$ 83,712$ 83,712$ 83,712$
106,995$ 109,695$ 112,395$ 115,095$
5 6 7 8 9 10
-$ -$ -$ -$ -$ -$
(89,000)$ (89,000)$ (89,000)$ (89,000)$ (89,000)$ (89,000)$
7,820$ 7,820$ 7,820$ 7,820$ 7,820$ 7,820$
44,712$ 44,712$ 44,712$ 44,712$ 44,712$ 44,712$
36,468$ 36,468$ 36,468$ 36,468$ 36,468$ 36,468$
3,647$ 3,647$ 3,647$ 3,647$ 3,647$ 3,647$
32,821$ 32,821$ 32,821$ 32,821$ 32,821$ 32,821$
44,712$ 44,712$ 44,712$ 44,712$ 44,712$ 44,712$
77,533$ 77,533$ 77,533$ 77,533$ 77,533$ 77,533$
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11 12
-$ -$
(89,000)$ (89,000)$
7,820$ 7,820$
44,712$ 44,712$
36,468$ 36,468$
3,647$ 3,647$
32,821$ 32,821$
44,712$ 44,712$
77,533$ 77,533$
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Results for company name: FIN-NEWS
0 Units of pla
Ten-year b $0
Short-term $0 Preferred s
Two-year l 2,500,000 Common s
Quarterly Performance Report
Sales reve 9,738,300
Strike settl $0.00 Dollar pen
Beginning
Material 1,500,000
Income fro 2,655 9,740,955
Cost of Go
Direct La 3,500,000
Decision Inputs for Quarter Number 1
Company Operating Decisions
Units to be 100,000 Per unit pri $100.00
Demand/pr $0 Sales disc 0.00%
Div. per co $0.10 Advertising $0
0
no
Financing Decisions
0
0
$0
Investment Decisions
Short-term $200,000 Risk of S-T 0
Three-year $0 Common t
Project A no Project B
Machine u
Special Options
$0
Quarter Number 1
$733,567
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1,300,000
Wareho $60,408
, ,
Penalty L 0
Short Ter $0
Financial E
Selling and
Less: End
Cost of Go
Gross Profi
Productio
6,892,608
2,848,347
7,038,533
Goods Av 7,772,100
Total I 2,038,533
Other O 200,000
Deprecia 478,125
1,486,915
Intermedi 92,749
Bond Inte 33,600
879,492
126,349 1,613,264
Operating I 1,235,083
Bond Red 0
Total Finan
Extraordin 0
Income Bef 1,235,083
Income Ta 123,508
Income Aft 1,111,575
Preferred 0
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, ,
Common S 100,000
Net Income 1,011,575
Marketa 200,000
Account 6,524,661
Inventor 879,492
Position Statement
Quarter Number 1
ASSETS
Current As
Cash $491,120
9,173,375
Tot 7,268,647
Total 8,095,272
Fixed Asse
Machine 2,008,125
LIABILITIE
Current Lia
Account $520,000
Short Te 0
Plant 7,165,250
Total
Total 3,570,000
Short Te 0
Intermed 1,850,000
Bonds M 1,200,000
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Intermed $937,500
2,137,500
Tot 5,707,500
Owners' E
Preferre $0
0
Bonds 1,200,000
Total
########
Tot 7,268,647
Summary Data
Quarter Number 1
Commo 8,000,000
Retained 3,561,147
Total Equit
Price earni 9.78 Marketable 1.33%
Actual unit $100.00 Actual unit 97,383
HISTORIC
Common s $43.47 Accumulat $43.57
Quarterly E $1.11 D ividend Yi 0.93%
Call premiu 8.00% Bond call p 8.00%
Common t $0.00 Unpaid pre $0.00
Preferred s $32.15 Preferred d 3.11%
Return on i 25.75% Return on 38.46%
Outstanding debt yields:
Shor t- term 2-year loan3-year loan Bonds Penalty loan
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2.98% 3.11% 2.50% 1.40% 8.00%
INFORMATION FOR FUTURE QUARTERS:
2 3 4 5
Units forec 101,378 90,174 124,132 111,898
Price per u $100.37 $96.43 $110.60 $104.80
Units of pla 100,000 100,000 100,000 80,000
Units of ma 100,000 100,000 75,000 60,000
Other over 200,000 200,000 200,000 200,000
989,000
Principal repayment on debt:
Depreciatio 478,125 478,125 384,375 311,250
Pr 0 0 0 0
Short-ter 0 0 0
2-year 312,500 312,500 312,500
Pl 1,300,000 1,300,000 1,300,000
Bonds 300,000 300,000 300,000 300,000
Wareho
312,500
3-year 300,000 300,000 0 0
Production costs per unit next quarter:
Material $15.00 Machinery $41.00 Plant $281.00
Units First 2000 Next 5000 Over 7000
Cost/ $1.00 $3.00 $8.00
Units First 60,000Next 40,00 Next 20,00 ver 120,00
Labor co $39.00 $29.00 $25.00 $33.00
Rates on funding in quarter 2
Short-term 2-year loan3-year loan Bond Preferred
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2.00% 1.95% 1.91% 1.84% 2.40%
Interest due next quart
Capital budgeting projects for next quarter:
Life Cost nit Capaciterhead SavLabor sav., e/Qtr. Labo
Short-ter$0
Intermed$83,030
Bonds $33,600
$0.02
B 3-yr $634,728 120,000 -$7,395 $1.05 $0.00
A 2-yr $437,664 100,000 $14,147 $0.54