HXL Watch: Results Period 5

HXL watch
Results period 5
Saturday, November 12, 2022
Results period 5 of HXL watch (redd)
Income statement
5 4
Net turnover $522,228 $593,286
Cost of sales $264,265 $339,018
Gross sales margin $257,963 $254,268
Sales costs $105,500 $75,000
General administration costs $58,402 $45,474
Sum of costs $163,902 $120,474
Operating profit $94,061 $133,794
Other company revenues $0 $0
Other company costs $0 $0
Interest revenue $0 $0
Interest costs $140,534 $51,247
Net financing costs / income ($140,534) ($51,247)
Operational earnings before taxes ($46,472) $82,547
Taxes over operational earnings $0 $0
Operational earnings ($46,472) $82,547
Exceptional losses and profits $0 $0
Taxes over exceptional result $0 $0
Exceptional result after taxes $0 $0
Net profit ($46,472) $82,547
Page 1 of 11
Cash flow statement
5 4
Cash flow from operational
activities
Accounts receivable $445,055 $568,742
Interest received $0 $0
Other income $0 $0
$445,055 $568,742
Cost for warehousing $24,774 $12,474
Accounts payable $1,152,000 $576,000
Remuneration $65,400 $57,500
Interest paid $140,534 $51,247
Quality costs $0 $0
Marketing costs $46,500 $24,000
Other costs $12,000 $12,000
Research and development costs $10,750 $10,750
$1,451,958 $743,971
($1,006,902) ($175,230)
Cashflow from financing activities
Change in short-term debt $1,006,902 $225,230
Change in long-term debt $0 ($50,000)
Change in investments $0 $0
$1,006,902 $175,230
Cash flow from investment
activities
Investment in property $0 $0
Investment in equipment $0 $0
Investment in plants $0 $0
$0 $0
Change in cash $0 $0
Page 2 of 11
An explanation on a couple of items on the balance sheet and income statement follows
5 4
Depreciation on property $2,500 $2,500
Depreciation on equipment $0 $0
Depreciation on plant $0 $0
Depreciation on distribution $0 $1,250
channels
Depreciation $2,500 $3,750
Remuneration for salesstaff $48,337 $41,670
Social security and national $9,663 $8,330
insurance contributions salesstaff
Other sales costs $0 $0
Depreciation costs on sales $1,000 $1,000
department
Marketing costs $28,000 $24,000
Market research $18,500 $0
Sales costs $105,500 $75,000
Remuneration for general $6,167 $6,251
departments
Social security and national $1,233 $1,250
insurance contributions general
departments
Other general costs $12,000 $12,000
Depreciation on general $1,500 $2,750
departments
Bad debts and provisions $1,978 $0
Product research and $10,750 $10,750
development
Production volume variance $0 $0
Quality costs $0 $0
Cost for warehousing $24,774 $12,474
General administration costs $58,402 $45,474
Cost of products $1,152,000 $576,000
Cost of sales $264,265 $339,018
Change in inventory ready for sale $887,735 $236,982
Loan overview
Amount Interest Original payback period
Page 3 of 11
$150,000.00 5.00 % 6
Page 4 of 11
Sales & Inventory

Sales results period 5
Below you will see the sales results of this period. The amount supplied is the amount of ordered products in the
previous period plus the number of unsold products from the previous periods. The products ordered in the current
round cannot be sold in the same round. They will be delivered in the next round and can thus only be supplied for
sale at such time.
Demand Supply Sales Unsold inventory

Smart watches 337 1,455 337 1,118
Luxury watches 405 1,707 405 1,302
Modern watches 502 1,435 502 933
Sports watches 606 1,640 606 1,034
1,850 6,237 1,850 4,387
Current inventory ( including purchases period 5)
Products ordered in the previous period are added to your inventory. Below you will see your current inventory which
should be sold in this round using your current decision possibilities.
Be aware: The warehousing costs of the stock are $2 per product for period 5.
Smart watches
Year Amount Cost of sales Supplier

3 118 $154.00 Schneider GmbH
4 1,000 $154.00 Schneider GmbH
5 2,000 $154.00 Schneider GmbH
Luxury watches

3 302 $149.00 Henderson Ltd.
4 1,000 $149.00 Henderson Ltd.
Sports watches

3 34 $144.00 Henderson Ltd.
Modern watches

4 933 $129.00 Kansas Inc.
5 2,000 $129.00 Kansas Inc.
Page 5 of 11
Results market research

Market analysis (BCG-matrix)
Marketing budget competitor
Company name Total budget (all products)

Magnificence $21,000.00
SOEUR $16,000.00
WATCH $20,000.00
HXL watch $28,000.00
B.L.E $22,500.00
The Swiss $20,400.00
Quality experience
Experienced Expected Product

Smart watches 9.05 9.38 8.62
Luxury watches 8.31 8.04 7.85
Modern watches 7.90 8.44 6.03
Sports watches 8.35 9.44 7.43
Market size
Page 6 of 11
Period Market size

6 10,792
7 11,261
Segment size
Period 6 Period 7
Smart watches 2,026 1,880
Luxury watches 2,990 3,421
Modern watches 3,343 3,533
Sports watches 2,433 2,427
Staff satisfaction
Page 7 of 11
Balanced Scorecard
The Balanced Scorecard (BSC) is a strategy performance management tool used to keep track of the execution of
activities. 
The critical characteristics that define a Balanced Scorecard are: 
•its focus on the strategic agenda; 
•the selection of a small number of Key Performance Indicators (KPIs); 
•a mix of financial and non-financial (such as Customer, Internal, Learn and Growth) KPIs. 
 
All these KPIs added together determine your stock value on the Stock Echange!
Financial
Profit
Profit growth
Return on equity
Turnover
Customer
Market share
Image
Internal
Sold inventory
Loyalty staff
Price / quality
Productivity staff
Staff satisfaction
Learn & Growth
Expenses Research & Development

Education level
Efficiency improvements
Innovation
Page 8 of 11
General
Current period 5
Marketing
Decide the selling prices and marketing budgets for your products.
Smart watches Luxury watches Modern watches Sports watches

Amount to sell 1455 1707 1435 1640
Price 280 278 284 285
Marketing communcation
Decide how to approach your (potential) customers
Budget 7000 7000 7000 7000

Communication Commercial Public Relation Commercial Sponsoring
mix
Message Best quality Society No specific target Best quality
E-commerce Social media Viral movie None Mobile
campaign advertisment
Quality check
Decide if you would like to do an extra quality check on your products. Product failures can cause serious damage to
your image. Below you will find the costs per article for each quality check.
<table>
<TR><th> </th><TH> </TH> <TH> No check</TH><TH>Basic check</TH><TH> Sufficient check </TH><TH>
Full check</TH></TR>
<TR><TD> Cost per article</TD><TD> </TD> <TD> 0,- </TD><TD> 2,-</TD><TD> 5,-</TD><TD> 6,-</TD></TR>
</TABLE>
 
Supplier No check No check No check No check

General
Current period 5
Supplier choice
Warning: The products ordered now are available in period 6. Choose your supplier(s) by analysing
the five criteria below: 
<table>
<TR><th> </th> <TH> Prodovski S.A.</TH><TH> HongKong Ltd.</TH><TH> Kansas Inc.</TH><TH>
Henderson Ltd.</TH><TH> Schneider GmbH </TH></TR>
<TR><TD> Cost</TD> <TD>+</TD><TD>++</TD><TD>+++</TD><TD>++++</TD><TD>+++++</TD></TR>
Page 9 of 11
<TR><TD>Quality</TD> <TD>+</TD><TD>++</TD><TD>+++</TD><TD>++++</TD><TD>+++++</TD></TR>
<TR><TD>Dependability</TD>
<TD>++</TD><TD>+++</TD><TD>++++</TD><TD>+++</TD><TD>+++++</TD></TR>
<TR><TD>Flexibility </TD> <TD>+++</TD><TD>+++</TD><TD>+++</TD><TD>++</TD><TD>+++</TD></TR>
<TR><TD>Speed </TD> <TD>+++</TD><TD>+++</TD><TD>+++</TD><TD>+++</TD><TD>+++</TD></TR>
</TABLE>
 
The prices are excluding the variable transport costs of 14 per unit.
The current method of transportation is import directly from the factory and cannot be changed.
Smart watches Luxury watches Modern watches Sports watches

Amount 2000 2000 2000 2000
Supplier Schneider GmbH Henderson Ltd. Kansas Inc. Henderson Ltd.
Supplier lists
Prodovski S.A. HongKong Ltd. Kansas Inc. Henderson Schneider

Ltd. GmbH
Smart watches $100.00 $110.00 $120.00 $130.00 $140.00
Luxury $105.00 $115.00 $125.00 $135.00 $145.00
watches
Modern $80.00 $100.00 $115.00 $125.00 $130.00
watches
Sports $120.00 $122.00 $128.00 $130.00 $140.00
watches
Human Resource Management
Current period 5
Staff management consists of a series of activities that seek to provide direction to the personnel while simultaneously
increasing the performance of a company. As a board, you can influence the policy for salaries, training budgets and
working conditions. Next to that you can hire one of the 5 sales managers below. Using the Market research section
you can research your curent Staff satisfaction.
Board salary (in $) 6400

Size sales department 20
Wages sales representatives (in $) 2900
Training budget Average ($2,500.00)
Working conditions Good ($3,500.00)
Page 10 of 11
Sales manager <img

src="templates/Game/ProSimAdvanced/Image
s/hrm_person1.jpg" class="hrmPersonImage"
/> Peter Monroe In the internal
file, it is written that he has the capacities to
manage a team. His idea of the workplace is
one in which someone should work; laughing
and telling jokes should be done at another
time and place. Considering that completed
work has to meet requirements, simply going
for the top is not a target. Relative remuneration:
$1,000.00 <a
class="hrPersonalLink"
href="http://nl.linkedin.com/pub/don-
ijshouwer/39/147/46b" target="_blank"><img
src="templates/Game/ProSimAdvanced/Image
s/linkedin.gif" /></a>
General
Current period 5
Market research
Select the items for which more research is required. The results from the research will be made available in the next
period. The costs noted next to an item are the total costs for conducting the research.
Competitor prices (Costs: $1,000.00)
Market size (Costs: $3,000.00)
Segment size (Costs: $3,500.00)
Staff satisfaction (Costs: $3,000.00)
Society's values (Costs: $2,000.00)
Quality experience (Costs: $1,500.00)
Marketing budget competitor (Costs: $5,000.00)
Market analysis (Costs: $2,500.00)
General
Current period 5
General decisions
Employees of the back office are responsible for handling orders in an efficient manner and making information
available to customers. The terms 'Accounts receivable' refers to the number of months a customer has to pay the bill.
If the number of months is set higher the demand will increase. Although the number of defaulters will increase as
well
Accounts receivable terms in months 4
Page 11 of 11

HXL Watch: Results Period 5

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HXL Watch: Results Period 5

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HXL watch

Net turnover $522,228 $593,286

Cost of sales $264,265 $339,018

Gross sales margin $257,963 $254,268

Sales costs $105,500 $75,000

General administration costs $58,402 $45,474

Sum of costs $163,902 $120,474

Operating profit $94,061 $133,794

Other company revenues $0 $0

Other company costs $0 $0

Interest costs $140,534 $51,247

Net financing costs / income ($140,534) ($51,247)

Operational earnings before taxes ($46,472) $82,547

Taxes over operational earnings $0 $0

Operational earnings ($46,472) $82,547

Exceptional losses and profits $0 $0

Taxes over exceptional result $0 $0

Exceptional result after taxes $0 $0

Net profit ($46,472) $82,547

Cash flow statement

Cash flow from operational

Accounts receivable $445,055 $568,742

Cost for warehousing $24,774 $12,474

Accounts payable $1,152,000 $576,000

Remuneration $65,400 $57,500

Interest paid $140,534 $51,247

Marketing costs $46,500 $24,000

Other costs $12,000 $12,000

Research and development costs $10,750 $10,750

Cashflow from financing activities

Change in short-term debt $1,006,902 $225,230

Change in long-term debt $0 ($50,000)

Cash flow from investment

Depreciation on property $2,500 $2,500

Depreciation on distribution $0 $1,250

Depreciation $2,500 $3,750

Remuneration for salesstaff $48,337 $41,670

Social security and national $9,663 $8,330

insurance contributions salesstaff

Other sales costs $0 $0

Depreciation costs on sales $1,000 $1,000

Marketing costs $28,000 $24,000

Market research $18,500 $0

Sales costs $105,500 $75,000

Remuneration for general $6,167 $6,251

Social security and national $1,233 $1,250

insurance contributions general

Other general costs $12,000 $12,000

Depreciation on general $1,500 $2,750

Bad debts and provisions $1,978 $0

Product research and $10,750 $10,750

Production volume variance $0 $0

Cost for warehousing $24,774 $12,474

General administration costs $58,402 $45,474

Cost of products $1,152,000 $576,000

Cost of sales $264,265 $339,018

Change in inventory ready for sale $887,735 $236,982

Amount Interest Original payback period

Sales & Inventory

Demand Supply Sales Unsold inventory

Year Amount Cost of sales Supplier

Year Amount Cost of sales Supplier

Year Amount Cost of sales Supplier