Cash Flow Statement Survey Andrews Baldwin Chester Digby Erie Ferris

Cash flows from operating activities

Net Income (Loss) ($3,568) $19,322 ($12,112) $6,886 ($23,739) $2,829

Adjustment for non-cash items:

   Depreciation $6,960 $13,167 $8,695 $10,801 $9,720 $6,860

   Extraordinary gains/losses/writeoffs $0 $0 ($1,521) $1,999 $0 ($330)

Changes in current assets and liabilities:

   Accounts payable ($4,154) ($1,620) ($15,599) ($2,115) ($2,700) $870

   Inventory $16,358 $5,973 $104,460 ($5,544) ($1,253) $498

   Accounts receivable ($1,127) ($2,800) ($3,078) $95 $1,550 ($2,195)

Net cash from operations $14,470 $34,043 $80,846 $12,123 ($16,421) $8,532

Cash flows from investing activities

Plant improvements (net) ($6,000) ($13,000) $10,771 ($39,535) ($21,200) ($30)

Cash flows from financing activities

Dividends paid $0 ($487) $0 $0 $0 ($3,500)

Sales of common stock $1,742 $13,000 $0 $0 $0 $0

Purchase of common stock $0 $0 $0 $0 $0 $0

Cash from long term debt issued $6,855 $0 $0 $25,000 $7,000 $0

Early retirement of long term debt $0 $0 $0 ($13,900) $0 $0

Retirement of current debt ($20,089) ($2,422) ($132,275) $0 $0 $0

Cash from current debt borrowing $0 $0 $0 $5,000 $0 $0

Cash from emergency loan $3,022 $0 $40,659 $0 $28,080 $0

Net cash from financing activities ($8,470) $10,091 ($91,616) $16,100 $35,080 ($3,500)

Net change in cash position $0 $31,134 $0 ($11,312) ($2,541) $5,002

Balance Sheet Survey Andrews Baldwin Chester Digby Erie Ferris

Cash $0 $31,134 $0 $2,086 $0 $6,413

Accounts Receivable $11,011 $22,723 $15,612 $13,829 $9,763 $14,316

Inventory $34,975 $7,452 $23,246 $10,529 $29,222 $8,920

Total Current Assets $45,986 $61,309 $38,858 $26,444 $38,986 $29,649

Plant and equipment $104,400 $197,500 $130,430 $162,010 $145,800 $102,900

Accumulated Depreciation ($53,360) ($62,380) ($62,821) ($58,061) ($72,573) ($54,760)

Total Fixed Assets $51,040 $135,120 $67,609 $103,949 $73,227 $48,140

Total Assets $97,026 $196,429 $106,467 $130,393 $112,212 $77,789

Accounts Payable $6,424 $6,412 $4,011 $7,706 $6,649 $9,917

Current Debt $3,022 $13,900 $54,559 $5,000 $35,961 $13,900

Total Current Liabilities $9,446 $20,312 $58,570 $12,706 $42,610 $23,817

Long Term Debt $41,601 $43,850 $45,850 $60,766 $39,850 $20,850

Total Liabilities $51,047 $64,162 $104,421 $73,472 $82,461 $44,667

Common Stock $31,128 $68,060 $19,160 $23,160 $26,876 $18,360

Retained Earnings $14,851 $64,207 ($17,113) $33,761 $2,875 $14,762

Total Equity $45,979 $132,267 $2,046 $56,921 $29,752 $33,122

Total Liabilities & Owners' Equity $97,026 $196,429 $106,467 $130,393 $112,212 $77,789

Income Statement Survey Andrews Baldwin Chester Digby Erie Ferris

Sales $133,972 $165,879 $189,945 $168,251 $118,789 $174,180

Variable Costs (Labor, Material, Carry) $98,708 $84,884 $156,055 $106,870 $83,154 $122,224

Contribution Margin $35,264 $80,995 $33,890 $61,381 $35,635 $51,956

Depreciation $6,960 $13,167 $8,695 $10,801 $9,720 $6,860

SGA (R&D, Promo, Sales, Admin) $26,883 $28,816 $30,091 $25,574 $34,864 $30,898

Other (Fees, Writeoffs, TQM, Bonuses) $930 $1,700 ($1,521) $5,458 $16,850 $5,170

EBIT $491 $37,313 ($3,375) $19,548 ($25,799) $9,028

Interest (Short term, Long term) $5,980 $6,980 $15,258 $8,737 $10,722 $4,587

Taxes ($1,921) $10,617 ($6,522) $3,784 ($12,782) $1,554

Profit Sharing $0 $394 $0 $141 $0 $58

Net Profit ($3,568) $19,322 ($12,112) $6,886 ($23,739) $2,829

 Primary Unit Inven Revision
Name Units Sold Age Dec.31 MTBF Pfmn Coord Size Coord
Segment tory Date

Able Trad 832 1,252 4/5/2025 3 18001 6.1 13.6

Acre Low 1,885 732 2/13/2025 6 12001 3.2 16
Adam High 730 87 7/17/2025 1.8 23001 10.9 9
Aft Pfmn 759 0 7/5/2025 2.1 27001 11.2 14.5
Agape Size 743 0 7/18/2025 2 20999 5 8.2
Aft_x2 0 0 7/13/2025 0.5 27000 12.8 13.6
AgapeX 0 0 4/6/2025 0.6 21000 6.4 7.2

Baker Trad 990 0 2/2/2025 2.5 14000 7.1 12.9

Bead Low 2,656 611 8/1/2025 8.6 12500 3 17
Bid High 382 138 1/23/2026 3.5 25000 9 10.7
Bold Pfmn 298 30 6/5/2022 5.1 27000 9.4 15
Buddy Size 148 0 1/29/2025 5.2 21000 4 10.6
Bac Low 614 0 4/2/2023 2.9 12000 4 16
Bider High 743 0 8/1/2025 2.1 25500 10.5 9
Bakery Trad 977 0 5/18/2026 1.9 14000 6.3 13.6

Cake Trad 1,641 459 3/26/2024 2.8 17500 6.6 13.5

Cedar Low 2,344 20 6/11/2023 5.4 14000 3.5 16.5
Cid High 403 196 11/18/2026 2.6 23000 10 10
Coat Pfmn 800 0 10/28/2025 1.4 27000 12.4 13.9
Cure Size 966 0 4/5/2024 2.7 19000 5 9
Cap Trad 1,399 290 3/24/2024 2.2 24000 9 10.5

Daze Trad 1,582 486 8/1/2025 2.7 15000 6.3 13.6

Dell Low 2,656 337 5/3/2024 6.1 12500 3.1 16.9
Duck High 737 0 2/11/2025 1.2 22500 11.7 8.3
Dot Pfmn 830 0 6/7/2025 1.5 27000 11.9 14.1
Dune Size 716 0 6/7/2025 1.6 19000 5.3 8.1

Eat Trad 1,221 865 11/17/2025 2 19000 7.8 12.4

Ebb Low 2,045 601 2/11/2025 4.4 14000 4.5 16
Echo High 334 199 6/9/2025 1.9 23000 10.5 9.7
Edge Pfmn 540 0 3/12/2025 2 27000 11.5 14.5
Egg Size 456 0 3/12/2025 2 19000 5.5 9
ECG 0 0 6/19/2025 0.5 25000 10.9 9

Fast Trad 2,107 22 10/7/2025 1.6 17500 7.5 12.4

Feat Low 1,528 646 6/23/2025 2.1 14000 3.7 16.3
Fist Trad 454 0 3/31/2025 3.2 20000 7.9 12
Foam Pfmn 754 0 9/8/2025 1.5 26000 12.5 13.5
Fume Size 693 0 11/15/2025 1.4 19000 6 7
FIST2 High 812 0 6/24/2025 1.2 23000 12 7.8
 2nd Shift &
Material Auto mation Capacity
Price Labor Cost Contr. Marg. Over- Plant Utiliz.
Cost Next Round Next Round
time

$26.99 $9.16 $7.44 19% 0% 5 1,400 21%

$17.99 $5.20 $7.46 23% 74% 6 1,150 172%
$38.49 $14.53 $9.09 35% 11% 4 450 110%
$32.49 $14.07 $10.61 23% 88% 4 400 186%
$33.49 $12.50 $10.61 31% 88% 4 400 186%
$33.00 $0.00 $0.00 0% 0% 1 300 0%
$33.00 $0.00 $0.00 0% 0% 1 300 0%

$27.95 $8.65 $3.78 55% 25% 8 800 124%

$17.50 $4.82 $1.42 62% 94% 10 1,700 192%
$36.00 $13.63 $6.06 42% 12% 8 400 111%
$29.50 $12.97 $10.67 18% 50% 3 200 149%
$30.50 $10.98 $9.21 30% 0% 3 150 40%
$18.00 $5.49 $3.45 38% 0% 10 600 41%
$38.00 $15.10 $7.03 41% 87% 7 500 186%
$26.00 $8.03 $3.69 49% 17% 8 600 116%

$24.99 $9.25 $9.02 14% 0% 4 1,750 2%

$16.99 $5.69 $3.86 37% 0% 8 1,320 57%
$37.49 $0.00 $0.00 23% 0% 3 440 0%
$30.99 $14.85 $10.31 13% 0% 3 750 8%
$31.49 $11.46 $10.31 26% 0% 3 575 90%
$27.75 $13.43 $13.15 -4% 5% 1 1,000 103%

$26.95 $8.34 $6.26 43% 100% 8 1,340 199%

$17.50 $4.90 $4.69 43% 100% 9 1,800 199%
$38.49 $15.00 $10.36 35% 56% 5 415 156%
$32.45 $14.53 $10.73 22% 81% 5 525 180%
$33.30 $12.01 $10.95 31% 100% 5 425 199%

$26.50 $10.08 $9.30 23% 17% 5 1,800 116%

$19.50 $5.98 $8.64 25% 50% 6 1,400 149%
$38.00 $13.32 $8.71 36% 0% 5 900 2%
$34.00 $13.47 $8.71 36% 0% 5 600 69%
$34.00 $10.94 $7.46 45% 0% 6 600 33%
$39.00 $0.00 $0.00 0% 0% 7 0 0%

$26.50 $9.97 $7.63 33% 65% 5 1,300 164%

$18.25 $5.79 $7.23 24% 36% 5 1,400 134%
$28.50 $11.03 $8.57 25% 0% 4 300 99%
$32.50 $14.53 $8.77 28% 56% 4 450 154%
$32.00 $12.61 $10.02 30% 56% 3 450 154%
$38.00 $15.31 $10.41 32% 82% 3 450 180%
 Market Units Sold to Revision List
Name Stock Out Pfmn Coord Size Coord MTBF
Share Seg
Date Price
Fast 20% 2,107 10/7/2025 7.5 12.4 $26.50 17500
Cake 15% 1,580 3/26/2024 6.6 13.5 $24.99 17500
Daze 15% 1,556 8/1/2025 6.3 13.6 $26.95 15000
Eat 11% 1,161 11/17/2025 7.8 12.4 $26.50 19000
Baker 9% 990 2/2/2025 YES 7.1 12.9 $27.95 14000
Bakery 9% 953 5/18/2026 YES 6.3 13.6 $26.00 14000
Cap 9% 906 3/24/2024 9 10.5 $27.75 24000
Able 7% 782 4/5/2025 6.1 13.6 $26.99 18001
Fist 4% 432 3/31/2025 YES 7.9 12 $28.50 20000
Bold 0% 36 6/5/2022 9.4 15 $29.50 27000
Buddy 0% 1 1/29/2025 YES 4 10.6 $30.50 21000
 Cust.
Promo Cust. Aware- Sales Dec. Cust.
Age Dec.31 Access-
Budget Survey
Budget ness ibility
1.58 $1,250 85% $2,500 88% 51
2.85 $1,500 82% $2,000 61% 23
2.66 $1,400 100% $2,500 77% 25
2.01 $2,200 100% $2,900 77% 67
2.46 $2,400 100% $1,900 88% 37
1.91 $2,400 95% $1,900 88% 36
2.17 $1,200 66% $200 61% 26
3.01 $1,000 81% $2,000 71% 16
3.23 $1,200 59% $2,100 88% 20
5.08 $200 15% $0 88% 1
5.19 $100 14% $100 88% 0
 Market Units Sold to Revision List
Name Stock Out Pfmn Coord Size Coord MTBF
Share Seg
Date Price
Bead 19% 2,656 8/1/2025 3 17 $17.50 12500
Dell 19% 2,656 5/3/2024 3.1 16.9 $17.50 12500
Cedar 17% 2,344 6/11/2023 3.5 16.5 $16.99 14000
Ebb 15% 2,045 2/11/2025 4.5 16 $19.50 14000
Acre 14% 1,885 2/13/2025 3.2 16 $17.99 12001
Feat 11% 1,528 6/23/2025 3.7 16.3 $18.25 14000
Bac 4% 614 4/2/2023 YES 4 16 $18.00 12000
Cake 0% 60 3/26/2024 6.6 13.5 $24.99 17500
Eat 0% 60 11/17/2025 7.8 12.4 $26.50 19000
Able 0% 50 4/5/2025 6.1 13.6 $26.99 18001
Daze 0% 26 8/1/2025 6.3 13.6 $26.95 15000
Bakery 0% 25 5/18/2026 YES 6.3 13.6 $26.00 14000
 Cust.
Promo Cust. Aware- Sales Dec. Cust.
Age Dec.31 Access-
Budget Survey
Budget ness ibility
8.6 $1,400 100% $1,900 87% 39
6.12 $1,400 100% $3,000 81% 44
5.37 $1,500 82% $3,000 66% 42
4.38 $2,500 100% $3,000 74% 26
5.95 $1,000 81% $2,000 72% 33
2.05 $1,400 98% $2,500 76% 25
2.9 $500 39% $1,400 87% 18
2.85 $1,500 82% $2,000 66% 2
2.01 $2,200 100% $2,900 74% 0
3.01 $1,000 81% $2,000 72% 1
2.66 $1,400 100% $2,500 81% 1
1.91 $2,400 95% $1,900 87% 1
 Market Units Sold to Revision List
Name Stock Out Pfmn Coord Size Coord MTBF
Share Seg
Date Price
FIST2 17% 812 6/24/2025 YES 12 7.8 $38.00 23000
Bider 16% 743 8/1/2025 YES 10.5 9 $38.00 25500
Duck 16% 737 2/11/2025 YES 11.7 8.3 $38.49 22500
Adam 16% 730 7/17/2025 10.9 9 $38.49 23001
Cap 11% 493 3/24/2024 9 10.5 $27.75 24000
Cid 9% 403 11/18/2026 10 10 $37.49 23000
Bid 8% 382 1/23/2026 9 10.7 $36.00 25000
Echo 7% 334 6/9/2025 10.5 9.7 $38.00 23000
Fist 0% 22 3/31/2025 YES 7.9 12 $28.50 20000
 Cust.
Promo Cust. Aware- Sales Dec. Cust.
Age Dec.31 Access-
Budget Survey
Budget ness ibility
1.16 $1,400 86% $2,700 83% 50
2.1 $3,000 94% $1,700 75% 20
1.21 $1,500 95% $3,000 75% 37
1.79 $1,000 81% $2,000 60% 14
2.17 $1,200 66% $200 59% 8
2.6 $1,500 82% $2,000 59% 6
3.54 $2,500 96% $1,700 75% 7
1.86 $500 74% $300 73% 11
3.23 $1,200 59% $2,100 83% 0
 Market Units Sold to Revision List
Name Stock Out Pfmn Coord Size Coord MTBF
Share Seg
Date Price
Dot 21% 830 6/7/2025 YES 11.9 14.1 $32.45 27000
Coat 20% 800 10/28/2025 YES 12.4 13.9 $30.99 27000
Aft 19% 759 7/5/2025 YES 11.2 14.5 $32.49 27001
Foam 19% 754 9/8/2025 YES 12.5 13.5 $32.50 26000
Edge 14% 540 3/12/2025 YES 11.5 14.5 $34.00 27000
Bold 7% 262 6/5/2022 9.4 15 $29.50 27000
 Cust.
Promo Cust. Aware- Sales Dec. Cust.
Age Dec.31 Access-
Budget Survey
Budget ness ibility
1.54 $1,000 76% $2,500 57% 38
1.44 $1,500 82% $2,000 47% 43
2.09 $1,000 79% $2,000 75% 31
1.49 $1,200 81% $2,400 60% 39
1.98 $2,500 100% $3,000 63% 31
5.08 $200 15% $0 9% 8
 Market Units Sold to Revision List
Name Stock Out Pfmn Coord Size Coord MTBF
Share Seg
Date Price
Cure 26% 966 4/5/2024 YES 5 9 $31.49 19000
Agape 20% 743 7/18/2025 YES 5 8.2 $33.49 20999
Dune 19% 716 6/7/2025 YES 5.3 8.1 $33.30 19000
Fume 19% 693 11/15/2025 YES 6 7 $32.00 19000
Egg 12% 456 3/12/2025 YES 5.5 9 $34.00 19000
Buddy 4% 147 1/29/2025 YES 4 10.6 $30.50 21000
 Cust.
Promo Cust. Aware- Sales Dec. Cust.
Age Dec.31 Access-
Budget Survey
Budget ness ibility
2.7 $1,500 82% $2,000 51% 9
2.01 $1,000 79% $2,000 76% 20
1.55 $1,800 97% $3,000 64% 21
1.36 $1,300 85% $2,600 66% 43
2.01 $2,560 100% $2,700 62% 14
5.19 $100 14% $100 11% 1