JCT2 Task 1

Supply Chain (JCT2) Task 1

Business Fundamentals Simulation Review

A. Documents From Simulation Cumulative industry results for last four quarters ending in quarter: 4 Minimum Maximum Average Mr. Matts Machines
Total Overall 0.00 749.39 11.82 1.75
Financial Performance -73.50 211.50 9.41 6.46
Market Performance 0.00 0.65 0.11 0.44
Marketing Effectiveness 0.00 0.82 0.24 0.67
Investment in Future 0.00 468.30 1.22 1.71
Wealth -2.12 5.21 0.47 0.93
Human Resource Management 0.00 0.82 0.25 0.77
Asset Management 0.00 2.63 0.38 0.78
Manufacturing Productivity 0.00 1.00 0.25 1.00
Financial Risk 0.00 1.00 0.32 0.95

Income Statement Quarter 1 Quarter 2 Quarter 3 Quarter 4
Gross Profit Revenues 0 1,643,600
3,600,500
4,298,600

- Rebates 0 48,700
101,800
123,000

- Cost of Goods Sold 0 1,237,849
2,174,294
2,500,626

= Gross Profit 0 357,051 1,324,406 1,674,974

Expenses Research and Development 120,000 0
120,000
0

+ Advertising 0 154,990
327,201
267,201

+ Sales Force Expense 0 98,281
165,742
435,575

+ Sales Office Expense 220,000 120,000
580,000
570,000

+ Marketing Research 0 15,000 15,000 15,000
+ Shipping 0 27,665
46,811
52,995

+ Inventory Holding Costs 0 4,544
20,489
0

+ Excess Capacity Cost 0 0
0
0

+ Depreciation 0 45,833
91,667
137,500

= Total Expenses 340,000 466,313 1,366,910 1,478,271

Operating Profit -340,000 -109,262 -42,504 196,703

Miscellaneous Income and Expenses
+ Other Income 0 0
0
0

- Other Expenses 0 0
0
0

= Earnings Before Interest and Taxes -340,000 -109,262 -42,504 196,703

+ Interest Income 75 75
375
375

- Interest Charges 0 0
0
0

= Income Before Taxes -339,925 -109,187 -42,129 197,078

- Loss Carry Forward 0 0 0 197,078
= Taxable Income 0 0 0 0

- Income Taxes 0 0 0 0
= Net Income -339,925 -109,188 -42,128 197,078