Rjct Task 1

In: Business and Management

Submitted By jshumway31
Words 3919
Pages 16
RJCT Task 1
Marketplace Simulation – Smart Systems

A. Documents
• Fourth quarter cumulative balanced scorecard.
• Income statements for the four quarters
• Balance sheets for the four quarters

Fourth quarter cumulative balanced scorecard – Smart Systems

Minimum Maximum Average Smart Systems
Total Overall 0.00 444.77 5.76 20.03
Financial Performance -53.84 186.46 5.13 51.97
Market Performance 0.00 0.67 0.06 0.24
Marketing Effectiveness 0.00 0.81 0.12 0.73
Investment in Future 0.00 267.79 0.58 1.49
Wealth -0.90 4.57 0.24 1.94
Human Resource Management 0.00 0.81 0.12 0.70
Asset Management 0.00 2.13 0.18 1.46
Manufacturing Productivity 0.00 1.00 0.12 0.76
Financial Risk 0.00 1.00 0.16 1.00

Income Statement – Smart Systems
Income Statement Quarter 1 Quarter 2 Quarter 3 Quarter 4
Gross Profit
Revenues 0 2,292,030
6,805,030
15,734,725

- Rebates 0 120,625
241,200
524,800

- Cost of Goods Sold 0 1,491,528
4,012,841
8,427,764

= Gross Profit 0 679,877 2,550,989 6,782,161

Expenses
Research and Development 120,000 0
60,000
60,000

+ Advertising 0 160,000
268,875
320,798

+ Sales Force Expense 0 120,186
319,875
546,937

+ Sales Office Expense 220,000 330,000
470,000
370,000

+ Marketing Research 0 15,000 15,000 15,000
+ Shipping 0 36,184
86,397
141,905

+ Inventory Holding Costs 0 9,727
13,220
0

+ Excess Capacity Cost 0 255,693
528,982
0

+ Depreciation 0 25,000
70,833
95,833

= Total Expenses 340,000 951,790 1,833,182 1,550,473

Operating Profit -340,000 -271,913 717,807 5,231,688

Miscellaneous Income and Expenses
+ Other Income 0 0
0
0

- Other Expenses 0 0
0
0

= Earnings Before Interest and Taxes -340,000 -271,913 717,807 5,231,688

+ Interest Income 1,500 3,000
3,000
3,000

- Interest Charges 0 0
0
0

=…...

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