The Baldwin company wants to decrease its plant utilization for Best by 15%. How many units would need to be produced next year to meet this production goal? Ignore impact of accounts payable on plant utilization.

Cash Flow Statement Survey	Andrews	Baldwin	Chester	Digby
Cash flows from operating activities
Net Income (Loss)	$11,663	$840	$26,932	$3,269
Adjustment for non-cash items:
Depreciation	$7,152	$17,509	$9,711	$15,533
Extraordinary gains/losses/writeoffs	$0	$0	$0	$0
Changes in current assets and liabilities:
Accounts payable	($2,655)	$782	$1,859	($1,096)
Inventory	$10,081	$4,218	($2,799)	$1,857
Accounts receivable	$1,853	($3,370)	($3,494)	($151)
Net cash from operations	$28,093	$19,979	$32,209	$19,413
Cash flows from investing activities
Plant improvements (net)	($1,056)	($46,880)	($31,600)	($17,900)
Cash flows from financing activities
Dividends paid	($6,768)	$0	($2,202)	$0
Sales of common stock	$1,200	$16,807	$0	$7,457
Purchase of common stock	$0	$0	($1,979)	$0
Cash from long term debt issued	$0	$22,204	$8,312	$2,785
Early retirement of long term debt	$0	$0	$0	$0
Retirement of current debt	($11,300)	($33,110)	($27,970)	($41,872)
Cash from current debt borrowing	$2,000	$25,753	$20,416	$28,857
Cash from emergency loan	$0	$0	$0	$0
Net cash from financing activities	($14,868)	$31,655	($3,423)	($2,773)
Net change in cash position	$12,169	$4,754	($2,813)	($1,260)

Balance Sheet Survey	Andrews	Baldwin	Chester	Digby
Cash	$51,425	$31,774	$33,278	$42,733
Accounts Receivable	$13,084	$14,423	$16,819	$12,361
Inventory	$3,657	$10,974	$17,534	$9,185
Total Current Assets	$68,166	$57,170	$67,631	$64,280
Plant and equipment	$107,274	$262,640	$145,660	$233,000
Accumulated Depreciation	($65,525)	($87,709)	($58,601)	($92,976)
Total Fixed Assets	$41,749	$174,931	$87,059	$140,024
Total Assets	$109,915	$232,102	$154,690	$204,304
Accounts Payable	$7,975	$8,725	$10,445	$7,580
Current Debt	$2,000	$25,753	$20,416	$28,857
Long Term Debt	$15,909	$102,743	$33,678	$87,009
Total Liabilities	$25,884	$137,221	$64,538	$123,446
Common Stock	$25,280	$51,777	$10,334	$43,382
Retained Earnings	$58,751	$43,104	$79,818	$37,476
Total Equity	$84,031	$94,881	$90,151	$80,858
Total Liabilities & Owners' Equity	$109,915	$232,102	$154,690	$204,304

Income Statement Survey	Andrews	Baldwin	Chester	Digby
Sales	$159,186	$175,476	$204,637	$150,395
Variable Costs (Labor, Material, Carry)	$107,552	$111,685	$126,385	$95,179
Depreciation	$7,152	$17,509	$9,711	$15,533
SGA (R&D, Promo, Sales, Admin)	$18,591	$20,688	$13,324	$13,745
Other (Fees, Writeoffs, TQM, Bonuses)	$5,560	$7,951	$6,695	$6,012
EBIT	$20,331	$17,643	$48,522	$19,926
Interest (Short term, Long term)	$2,021	$16,325	$6,242	$14,795
Taxes	$6,408	$461	$14,798	$1,796
Profit Sharing	$238	$17	$550	$67
Net Profit	$11,663	$840	$26,932	$3,269