COMP XM EXAM 2026 COMPREHENSIVE
CLINICAL COMPETENCY TEST PAPER
QUESTIONS AND SOLUTIONS GRADED A+
◉ Prices between each round. Answer: Don't change the price!
◉ Price for each product. Answer: Nano - max
Elite - max
Core - a few bucks below
Thrift - a few bucks below
◉ Automation. 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?. Answer:
borrow money until you hit 2.2 and get 60 days of working capital
(will have to pay dividends)
,◉ To calculate leverage,. 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). Answer: For all
products
Round 1: 2,000
Round 2: 1,500
Round 3: 1,400
Round 4: 1,400
◉ Recruiting hours and spend. Answer: $5,000
80 hours
◉ TQM. Answer: $1,500 first round
$1,500 second round
$1,000 third round
$0 fourth round
,◉ adding capacity. Answer: a couple hundred each round
◉ best date for new products to come out. Answer: June 26-28th
◉ forecasting shift capacity. 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. Answer: 2 rounds
◉ MTBF. Answer: Set to maximum amount
◉ Steps for getting a good finance position. 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. 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. Answer: it's for when you have cash
leftover in capital investment to give to your
shareholder.
◉ when to retire long-term debt. Answer: it's for when you want to
pay your debt early (This usually decreases your interests expense)
◉ Buy/Sell Capacity Strategy. Answer: You want to keep 2 nd Shift
Production % between 20% and 50%
If you have less than 20%; you have to sell capacity
If you more than 50% you have to buy capacity
After you make you decisions on production, check how much
capital investment you have; If you have capital investment leftover,
try to spend it in Automation or Capacity
CLINICAL COMPETENCY TEST PAPER
QUESTIONS AND SOLUTIONS GRADED A+
◉ Prices between each round. Answer: Don't change the price!
◉ Price for each product. Answer: Nano - max
Elite - max
Core - a few bucks below
Thrift - a few bucks below
◉ Automation. 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?. Answer:
borrow money until you hit 2.2 and get 60 days of working capital
(will have to pay dividends)
,◉ To calculate leverage,. 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). Answer: For all
products
Round 1: 2,000
Round 2: 1,500
Round 3: 1,400
Round 4: 1,400
◉ Recruiting hours and spend. Answer: $5,000
80 hours
◉ TQM. Answer: $1,500 first round
$1,500 second round
$1,000 third round
$0 fourth round
,◉ adding capacity. Answer: a couple hundred each round
◉ best date for new products to come out. Answer: June 26-28th
◉ forecasting shift capacity. 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. Answer: 2 rounds
◉ MTBF. Answer: Set to maximum amount
◉ Steps for getting a good finance position. 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. 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. Answer: it's for when you have cash
leftover in capital investment to give to your
shareholder.
◉ when to retire long-term debt. Answer: it's for when you want to
pay your debt early (This usually decreases your interests expense)
◉ Buy/Sell Capacity Strategy. Answer: You want to keep 2 nd Shift
Production % between 20% and 50%
If you have less than 20%; you have to sell capacity
If you more than 50% you have to buy capacity
After you make you decisions on production, check how much
capital investment you have; If you have capital investment leftover,
try to spend it in Automation or Capacity
