1. Case 3-1 Brant Freezer Co. Located in Fargo, N. Dakota 1-1 Company Facts: Industrial freezers (one size) Product Facts: Market Facts: Distributed through public warehouses in Atlanta, Boston, Chicago, Denver, Los Angels, Portland, and St. Louis Fargo warehouse

2. Case 3-1 Brant Freezer Co. 1-2 2009 Units ShippedWarehouse Costs 12 mo.5 mo.12 mo.5 mo. Atlanta17,4314,080$156,830$35,890 Boston6,9203,061$63,417$27,915 Chicago28,10414,621$246,315$131,618 Denver3,0211,005*$28,019$8,600* Fargo2,016980$16,411$8,883 LA16,49111,431$151,975$109,690 Portland8,3334,028$73,015$36,021 St. Louis5,9212,331$51,819$23,232 * Denver warehouse closed by strike march 4-19, 2009

3. Case 3-1 Brant Freezer Co. 1-3 2,010 Units ShippedWarehouse Costs 12 mo.5 mo.12 mo.5 mo. Atlanta18,0007,035$178,000$40,228 Boston7,2003,119$7,300$29,416 Chicago30,00015,230$285,000$141,222 Denver3,1001,421$31,000$14,900 Fargo2,000804$17,000$9,605 LA17,0009,444$176,000$93,280 Portland9,0004,600$85,000$42,616 St. Louis8,0002,116$56,000$19,191

4. Case 3-1 Brant Freezer Co. 1-4 Income Statement 2009 Sales $ 4,003,450 Cost of Goods Sold $ 937,000 Gross Profit Margin $ 3,066,450 Transportation Cost $ 657,322 Warehousing Cost $ 735,982 Inventory Carrying Cost $ 567,987 Other Operating Costs $ 345,876 Total Operation Costs $ 2,307,167 Earnings before interest and taxes $ 759,283 Interest $ 110,000 Taxes $ 69,000 Ne Income $ 580,283

5. Case 3-1 Brant Freezer Co. 1-5 Balance Sheet 2009 AssetsLiabilities Cash$706,034 Current Liabilities$1,678,589 Accounts Receivable$355,450 Long-term Debt$398,060 Inventory$1,590,435Total Liabilities$2,076,649 Total Current Assets$2,651,919Shareholders' Equity$1,378,326 Net Fixed Assets$803,056Total Liabilities and Equity$3,454,975 Total Assets$3,454,975