COMP XM 2024 LATEST EXAM 130 QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS)|ALREADY GRADED A+
Segment/Perf/Size - CORRECT ANSWER✔✔Thrift +-0.5 -0.5
Core +0.8 -0.8
Nano +0.8 -1.1
Elite +1.1 -0.8
*THE THAT ONLY PRODUCT DOES NOT MOVE, IT'S THE PRODUCT IN
LOW END SEGMENT. LEAVE THIS PRODUCT AT 3.0 AND 17.0*
You want to increase
performance and reduce size as much as you can without the revision
date reaching July.
Prices between each round - CORRECT ANSWER✔✔Don't change the
price!
Price for each product - CORRECT ANSWER✔✔Nano - max
Elite - max
Core - a few bucks below
Thrift - a few bucks below
Automation - CORRECT ANSWER✔✔increase automation by 1 point
each round in each product
get low end up as high as you can
,What is your target leverage and how do you get there? - CORRECT
ANSWER✔✔borrow money until you hit 2.2 and get 60 days of
working capital (will have to pay dividends)
To calculate leverage, - CORRECT ANSWER✔✔divide total assets by
total equity. This number will represent the number of dollars of assets
owned per dollar invested by equity holders.
If a company has leverage of four, that means they have $4 in debt for
every $1 in equity.
sales and promo budgets (all four rounds) - CORRECT ANSWER✔✔For
all products
Round 1: 2,000
Round 2: 1,500
Round 3: 1,400
Round 4: 1,400
Recruiting hours and spend - CORRECT ANSWER✔✔$5,000
80 hours
TQM - CORRECT ANSWER✔✔$1,500 first round
$1,500 second round
$1,000 third round
$0 fourth round
adding capacity - CORRECT ANSWER✔✔a couple hundred each round
best date for new products to come out - CORRECT ANSWER✔✔June
26-28th
, forecasting shift capacity - CORRECT ANSWER✔✔forecast next year's
demand directly
This year's potential market share * next year's demand is a good
starting point, but then make judgment adjustments as necessary (e.g.
is my product improving, are my competitors improving, etc.)
use 200% of plant utilization
you must calculate capacity _____ rounds ahead - CORRECT ANSWER✔
✔2 rounds
MTBF - CORRECT ANSWER✔✔Set to maximum amount
Steps for getting a good finance position - CORRECT ANSWER✔✔Goals
is to get a cash position of $5,000 in Decembers
Step 1: get as much issue stock as possible
Step 2: get as much issue long-term debt
Step 3: get whatever you need left from borrow
when to retire stock - CORRECT ANSWER✔✔when you have a good
cash position and you have some money left over to purchase stock
back from the market
when to give out dividends - CORRECT ANSWER✔✔it's for when you
have cash leftover in capital investment to give to your
shareholder.
when to retire long-term debt - CORRECT ANSWER✔✔it's for when
you want to pay your debt early (This usually decreases your interests
expense)
ANSWERS (VERIFIED ANSWERS)|ALREADY GRADED A+
Segment/Perf/Size - CORRECT ANSWER✔✔Thrift +-0.5 -0.5
Core +0.8 -0.8
Nano +0.8 -1.1
Elite +1.1 -0.8
*THE THAT ONLY PRODUCT DOES NOT MOVE, IT'S THE PRODUCT IN
LOW END SEGMENT. LEAVE THIS PRODUCT AT 3.0 AND 17.0*
You want to increase
performance and reduce size as much as you can without the revision
date reaching July.
Prices between each round - CORRECT ANSWER✔✔Don't change the
price!
Price for each product - CORRECT ANSWER✔✔Nano - max
Elite - max
Core - a few bucks below
Thrift - a few bucks below
Automation - CORRECT ANSWER✔✔increase automation by 1 point
each round in each product
get low end up as high as you can
,What is your target leverage and how do you get there? - CORRECT
ANSWER✔✔borrow money until you hit 2.2 and get 60 days of
working capital (will have to pay dividends)
To calculate leverage, - CORRECT ANSWER✔✔divide total assets by
total equity. This number will represent the number of dollars of assets
owned per dollar invested by equity holders.
If a company has leverage of four, that means they have $4 in debt for
every $1 in equity.
sales and promo budgets (all four rounds) - CORRECT ANSWER✔✔For
all products
Round 1: 2,000
Round 2: 1,500
Round 3: 1,400
Round 4: 1,400
Recruiting hours and spend - CORRECT ANSWER✔✔$5,000
80 hours
TQM - CORRECT ANSWER✔✔$1,500 first round
$1,500 second round
$1,000 third round
$0 fourth round
adding capacity - CORRECT ANSWER✔✔a couple hundred each round
best date for new products to come out - CORRECT ANSWER✔✔June
26-28th
, forecasting shift capacity - CORRECT ANSWER✔✔forecast next year's
demand directly
This year's potential market share * next year's demand is a good
starting point, but then make judgment adjustments as necessary (e.g.
is my product improving, are my competitors improving, etc.)
use 200% of plant utilization
you must calculate capacity _____ rounds ahead - CORRECT ANSWER✔
✔2 rounds
MTBF - CORRECT ANSWER✔✔Set to maximum amount
Steps for getting a good finance position - CORRECT ANSWER✔✔Goals
is to get a cash position of $5,000 in Decembers
Step 1: get as much issue stock as possible
Step 2: get as much issue long-term debt
Step 3: get whatever you need left from borrow
when to retire stock - CORRECT ANSWER✔✔when you have a good
cash position and you have some money left over to purchase stock
back from the market
when to give out dividends - CORRECT ANSWER✔✔it's for when you
have cash leftover in capital investment to give to your
shareholder.
when to retire long-term debt - CORRECT ANSWER✔✔it's for when
you want to pay your debt early (This usually decreases your interests
expense)
