Financial Aspect

Vehicle
Items
Delivery Van
Unit Price
Php 80,000
Quantity
1
Total Price
Php 80,000
Unit Price
Php 10,000
800
1,000
600
Quantity
1
2
1
1
1
Total Price
Php 10,000
1,600
1,000
600
Production Equipment
Items
Grinder
Exhaust Fan
Stainless Table
Weighing Scale
fire Estinguisher
TOTAL
Furniture and Fixtures
Items
Chairs
Office Tables
Electric fan
TOTAL
1500
13,900
Unit Price
Php 200
250
500
Php 450
1500
14,700
Quantity
15
2
2
17
Total Price
Php 3,000
500
1,000
Php4,500
Quantity
Total Price
Utensils
Items
Pan
Crates or Pallets
Ladle
Scooper
Knives
Grater
TOTAL
Raw Materials and Supplies
Unit Price
Php 300
300
100
25
25
25
Php 775
4
6
8
8
6
6
38
Php 1,200
1,800
800
200
150
150
Php 4,300
Indirect Materials
Materials
Quantity
1 Sack
(2 box) 2400
pcs
Total Price
Php 100
100
240
480
Php 680
Daily
Monthly
Annually
Php 500
Php 13,000
400
10,400
400
10,400
Php 1,300
Php 33,800
Items
Apron
Hairnet
Gloves
TOTAL
Unit Price
50
20
20
Php 90.00
Quantity
3
8
5
Total Price
150
160
100
Php 410.00
Office Supplies
Record Book
Folder
Bond Paper
Ball Pen
Invoice
TOTAL
Unit Price
Php 70
6
155
60
55
Php 346
Quantity
2
20 pcs.
1 rim
1 box
1 pad
Total Price
Php 140
120
155
60
55
Php 530
Charcoal
Wax Paper
Box / Label
TOTAL
Unit Price
Php 100
100
2
Php 202
Indirect Labor
Salary
Personnel
General Manager
Administrative Staff
Sales Staff
TOTAL
405600
Production Supplies
Other supplies (per year)

Items
Broom
Dish Washing Liquid
Sponge
Floor Mat
Floor Mop
Trash Can
Garbage Bag
Dust pan
TOTAL
Unit Price
Quantity
Total Price
Php 50
240
25
25
150
50
20
30
Php 380
2
1 Galoon
2 pcs.
3
2
1
48
2
Php 100
240
50
75
300
50
960
60
Php 1,835
Payment schedule for 1 year

Principal
Date Borrowed
1st Month
2nd Month
3rd month
4th month
5th month
6th month
7th month
8th month
9th month
10th month
11th month
Last month
Interest
0
16,667
16,667
16,667
16,667
16,667
16,667
16,667
16,667
16,667
16,667
16,667
16,667
0
10,000
9,167
8,333
7,500
6,667
5,833
5,000
4,167
3,333
2,500
1,667
833
65,000
Balance
200,000
183,333
166,667
150,000
133,333
116,667
100,000
83,333
66,667
50,000
33,333
16,667
0
Lifespan
10
Depreciation
Php 25.64
Annually
Lifespan
5
5
5
5
5
Depreciation
Php 6.41
1.03
0.64
0.39
0.96
9.43
Monthly
Lifespan
5
5
5
Depreciation
Php 1.92
0.32
0.64
Php 2.88
Monthly
8000
166.66
26.76
16.64
10.14
11.54
245.18
49.92
8.32
16.64
74.88
Annual
599.04
99.84
199.68
898.56
Annually
212160
Direct Labor
Salary
Daily
Monthly
Php 400
Php 10,400
Production Crew 1
316
8,216
Production Crew 2
316
8,216
Php 1,032
Php 26,832
Personnel
Production Staff
TOTAL
Lifespan
1
1
1
Depreciation
Php 0.48
0.51
0.32
Php 1.32
monthly
12.5
13.33
8.33
34.16
Depreciation (monthly
exp.)
Php 8.33
20
4.17
6.25
25
4.17
80
5
Php 152.92
Delivery Expense
Item
Fuel (Diesel)
TOTAL
Utilities
Particulars
Electricity
Water
Telephone/Internet
TOTAL
Maintenance
Unit Price
Quantity
Php 29
1.5 liters
Daily
Php 38.46
11.54
38.46
Php 88.46
Monthly
Php 1,000
300
1,000
Php 2,300
500
Monthly
Total Price
Php 43.50 x 26
Annually
12,000
3,600
12000
27,600
(1,131.00 per month)
Direct Materials (Daily)

Materials
Ube
Evaporated Milk
Condensed Milk
Crushed Peanuts
Price
Php 30
25
50
100
TOTAL
Php 245
Annually
321,984
Quantity
20 kilos
15 cans (360ml)
15 liters
4 kilos
Total Price
Php 600
375
750
400
Php 2,285
Annual
13572
2016 (3.9 in
623.4
2017
647.71
404.83
389.63
779.25
415.6
#REF!
809.64
431.81
#REF!
Sales
Less:
Raw Materials, Beginning
Add: Purchases of Raw Materials
Raw Materials Available for Use
Less: Raw Materials, Ending
Raw Materials Used
Direct Labor
Add: Production Overhead
Utilities
Supplies
Utensils
Depreciation - Production Equipments
Total Production Cost
Add: Finished Goods Inventory, Beginning
Goods Available for Sale
Less: Finished Goods inventory, Ending
Cost of Goods Sold
Gross Profit
Less: Expenses
Vehicle
Renovation expense
Furnitures&Fixtures
Office Supplies
Delivery Expense
Salaries Expense
Business Permits&Registration
Research&development
Promotion expense
Employee Benefits
Total Operating expense
Net income before tax
Less: Interest expense
Income Tax
Net income after tax
Return on Investment
January
Febuary March
280,800 280,800 280,800
60,000
60,000
500
59,500
26832
500
60,000
60,500
300
60,200
26832
300
60,000
60,300
500
59,800
26832
2300
2300
2300
17714.16 17714.16 17714.16
158.34
158.34
158.34
220.2
47224.7
0
47224.7
90
47134.7
233,665
220.2
47224.7
90
47314.7
150
47164.7
233,635
220.2
47224.7
150
47374.7
80
47294.7
233,505
80,000
100000
74.88
197.09
1631
33,800
8945
1500
200
6466.94
232,815
850
10,000
0
0
74.88
197.09
1631
33,800
0
0
0
6466.94
42,170
191,465
9,167
0
0
74.88
197.09
1631
33,800
0
0
0
6466.94
42,170
191,335
8,333
April
May
June
July
August September October November
280,800 280,800 280,800 280,800 280,800
280,800 280,800 280,800
500
60,000
60,500
1500
59,000
26832
1,500
60,000
61,500
400
61,100
26832
400
60,000
60,400
500
59,900
26832
500
60,000
60,500
800
59,700
26832
800
60,000
60,800
1000
59,800
26832
2300
2300
2300
2300
2300
17714.16 17714.16 17714.16 17714.16 17714.16
158.34
158.34
158.34
158.34
158.34
1,000
60,000
61,000
500
60,500
26832
500
60,000
60,500
700
59,800
26832
700
60,000
60,700
1000
59,700
26832
2300
2300
2300
17714.16 17714.16 17714.16
158.34
158.34
158.34
220.2
47224.7
80
47304.7
200
47104.7
233,695
220.2
47224.7
200
47424.7
350
47074.7
233,725
220.2
47224.7
350
47574.7
170
47404.7
233,395
220.2
47224.7
170
47394.7
90
47304.7
233,495
220.2
47224.7
90
47314.7
400
46914.7
233,885
220.2
47224.7
400
47624.7
60
47564.7
233,235
220.2
47224.7
60
47284.7
130
47154.7
233,645
220.2
47224.7
130
47354.7
220
47134.7
233,665
0
0
74.88
197.09
1631
33,800
0
0
200
6466.94
42,370
191,325
7500
0
0
74.88
197.09
1631
33,800
0
0
0
6466.94
42,170
191,555
6,667
0
0
74.88
197.09
1631
33,800
0
0
0
6466.94
42,170
191,225
5,833
0
0
74.88
197.09
1631
33,800
0
0
200
6466.94
42,370
191,125
5,000
0
0
74.88
197.09
1631
33,800
0
0
0
6466.94
42,170
191,715
4,167
0
0
74.88
197.09
1631
33,800
0
0
0
6466.94
42,170
191,065
3,333
0
0
74.88
197.09
1631
33,800
0
0
200
6466.94
42,370
191,275
2,500
0
0
74.88
197.09
1631
33,800
0
0
0
6466.94
42,170
191,495
1,667
2014
2015
2016
2017
3,369,600
3,695,328
4,045,195
4,420,833
1,000
60,000
61,000
500
60,500
26832
7,700
720,000
727,700
8,200
719,500
321984
8,200
720,000
728,200
7000
721,200
321984
7,000
720,000
727,000
6500
720,500
321984
6,500
720,000
726,500
8000
718,500
321984
2300
17714.16
158.34
27600
212569.92
1900.08
331200
212569.92
1904.04
3974400
212569.92
1904.04
47692800
212569.92
1904.04
220.2
47224.7
220
47444.7
100
47344.7
233,455
2642.4
566696.4
1940
569336.4
2040
568136.4
2,801,464
2642.4
870300.36
3790
0
0
74.88
197.09
1631
33,800
0
0
0
6466.94
42,170
191,285
833
80000
100000
898.56
2365.08
19572
405600
8945
1500
800
77,603.28
464,469
2,336,995
65,000
0
0
0
0
898.56
898.56
2365
2365
20335.308 21128.385012
DEcember
280,800
2017
2642.4
2642.4
4513500.36 48231900.4
7430
14780
4080
8945
0
800
77603.28
886,768
-886,768
0
8945
0
800
77603.28
1,731,366
-1,731,366
0
0
0
0
898.56
898.56
2365
2365
21952.392 22808.5353165
8945
0
800
77603.28
3,420,363
-3,420,363
0
8945
0
800
77603.28
6,798,556
-6,798,556
0
2017
2017
Cash
Capital
100,000.00
Cash
Notes Payable
200,000.00
Purchases
Delivery Expense
Maintenance Expense
Utilities Expense
Salaries Expense
Bussiness permits & license Expense
Promotion Expense
R & D Expense
Employee Benefits
Miscellaneous Expense
Cash
Leasehold Improvement
Equipments
Furnitures
Vehicle
Cash
Depreciation Expense - Leasehold
Depreciation Expense - Equipments
Depreciation Expense - Furnitures
Depreciation Expense - Vehicle
Accumulated Depreciation - Leasehold
Accumulated Depreciation - Equipments
Accumulated Depreciation - Furnitures
Accumulated Depreciation - Vehicle
100,000.00
200,000.00
647,620.20
13,572.00
6,000.00
27,600.00
697,268.00
12,945.00
200.00
1,500.00
77,603.00
Php 1,835
1,484,308.20
150,000.00
14,700.00
4,500.00
80,000.00
249,200.00
50,000.00
2,940.00
800.00
8,000.00
50,000.00
2,940.00
800.00
8,000.00
Supplies
Utensils
Office Supplies
Cash
212,160.00
4,300.00
Php 530
Supplies Expense
Utensils Expense
Office Supplies Expense
Supplies
Utensils
212,160.00
4,300.00
Php 530
216,460.00
212,160.00
4,300.00
Office Supplies
Php 530
Cash
Sales
2,021,760.00
2,021,760.00
Accounts Receivable
Sales
224,640.00
224,640.00
Purchases
Accounts Payable
71,957.80
Interest Expense
Cash
14,000.00
Notes Payable
Cash
66,666.67
Income tax Expense

Cash
57,972.45
Salaries Expense
Salaries Payable
30,316.00
71,957.80
14,000.00
66,666.67
57,972.45
total
5,015,481.12
30,316.00
5,015,481.12
Ledger
Accounts Name
Cash
Accounts Receivable
Supplies
Utensils
Office Supplies
Accu Depn - Leasehold
Equipments
Accu Depn - Equip
Furnitures
Accu Depn - Furnitures
Vehicle
Accu Depn - Vehicle
Accounts Payable
Salaries Payable
Notes Payable (3 yrs, 7%)
Capital
Sales
Purchases
Depn Exp Equip
Depn Exp Vehicle
Depn Exp Furnitures
Delivery Expense
Depn Exp Leasehold Improvement
Maintenance Expense
Utilities Expense
Supplies Expense
Salaries Expense
Promotion Expense
R & D Expense
Employee Benefits
Utensils Exp
Interest Expense
Income Tax Expense
Total
Debit
2,321,760.00
224,640.00
212,160.00
4,300.00
Php 530
150,000.00
14,700.00
4,500.00
80,000.00
66,666.67
719,578.00
2,940.00
8,000.00
800.00
13,572.00
50,000.00
6,000.00
27,600.00
212,160.00
727,584.00
12,945.00
200.00
1,500.00
77,603.00
4,300.00
14,000.00
Php 530
57,972.45
Php 1,835
5,015,481.12
0.00
T-Balance
Credit
2,088,607.32
Dr
233,152.68
224,640.00
Cr
212,160.00
4,300.00
Php 530
150,000.00
50,000.00
50,000.00
14,700.00
2,940.00
2,940.00
4,500.00
800.00
800.00
80,000.00
8,000.00
71,957.80
30,316.00
200,000.00
100,000.00
2,246,400.00
8,000.00
71,957.80
30,316.00
133,333.33
100,000.00
2,246,400.00
719,578.00
2,940.00
8,000.00
800.00
13,572.00
50,000.00
6,000.00
27,600.00
212,160.00
727,584.00
12,945.00
200.00
1,500.00
77,603.00
4,300.00
14,000.00
Php 530
57,972.45
Php 1,835
5,015,481.12
2,643,747.13 2,643,747.13
0.00
Sweet T
Statement of
Sweet Tubers ManufacturingSweet Tubers Manufacturing

Statement of Comprehensive Income
Statement of Balance Sheet
As of December 31 2014
As of December 31, 2014
Sales
Less:
Raw Ma
###
0.00
Add: P
###
Raw Ma
###
Less:
7,000.00
Raw Ma
###
Direct
###
27,600.00
###
1,900.00
2,940.00
Total
###
Add:
0.00
Goods
###
Less:
4,080.00
Cost o
###
Gross Profit
###
Less: Expenses
Vehicle
8,000.00
Renovation
#REF!
Furnitures& 800.00
Office Supp
Php 530
Delivery E 13,572.00
Business Pe12,945.00
Research& 1,500.00
Promotion
200.00
Employee B77,603.00
Maintenanc 6,000.00
Total Oper
#REF!
Net income
#REF!
Less:
Interes 14,000.00
Income 47,800.16
Net income
#REF!
Asset
Cash
Accounts R
###
###
Inventory 11,080.00
Utensils
#REF!
Equipment 14,700.00
Accu Depn 2,940.00
Furnitures 4,500.00
Accu Depn - 898.56
Vehicle
80,000.00
Accu Depn - 8,000.00
Total Asset
A/P
#REF!
72,000.00
Capital, Be
Add: Net I
Capital, En
###
#REF!
#REF!
Total Liabli
#REF!
Cash
Capital
Cash
Notes Payable
Purchases
Delivery Expense
Maintenance Expense
Utilities Expense
Salaries Expense
Promotion Expense
R & D Expense
Employee Benefits
Cash
672,877.80
14,101.00
6,000.00
28,676.00
697,268.00
8,945.00
200.00
77,603.00
Php 1,835
1,507,505.80
Equipments
Furnitures
Vehicle
Cash
50,000.00
2,940.00
800.00
8,000.00
50,000.00
2,940.00
800.00
8,000.00
Supplies
Utensils
Office Supplies
Cash
220,435.00
4,300.00
Php 530
Supplies Expense
Utensils Expense
Supplies
Utensils
220,435.00
4,300.00
Php 530
225,265.00
220,435.00
4,300.00
Office Supplies
Php 530
Cash
Sales
2,196,089.10
2,196,089.10
Accounts Receivable
Sales
244,009.90
Cash
Accounts Receivable
224,640.00
244,009.90
224,640.00
Purchases
Accounts Payable
74,764.20
Accounts Payable
Cash
71,957.80
Interest Expense
Notes Payable
Cash
9,333.33
66,666.67
Income tax Expense

Cash
92,486.28
Salaries Payable
Cash
30,316.00
Salaries Expense
Salaries Payable
30,316.00
74,764.20
71,957.80
76,000.00
92,486.28
30,316.00
total
5,057,460.08
30,316.00
5,059,825.08
Ledger
Accounts Name
Cash
Accounts Receivable
Supplies
Utensils
Office Supplies
Equipments
Accu Depn - Equip
Furnitures
Vehicle
Accu Depn - Vehicle
Accounts Payable
Salaries Payable
Capital
Sales
Purchases
Depn Exp Equip
Depn Exp Vehicle
Depn Exp Furnitures
Delivery Expense
Maintenance Expense
Utilities Expense
Supplies Expense
Salaries Expense
Promotion Expense
R & D Expense
Employee Benefits
Utensils Exp
Interest Expense
Income Tax Expense
Total
Debit
2,420,729.10
244,009.90
220,435.00
4,300.00
Php 530
0.00
0.00
0.00
71,957.80
30,316.00
66,666.67
747,642.00
2,940.00
8,000.00
800.00
14,101.00
50,000.00
6,000.00
28,676.00
220,435.00
727,584.00
8,945.00
200.00
77,603.00
4,300.00
9,333.33
92,486.28
Php 1,835
5,057,990.08
2,365.00
Sales
Purchases
Depn Exp Equip
Depn Exp Vehicle
Depn Exp Furnitures
Delivery Expense
Maintenance Expense
Utilities Expense
Supplies Expense
Salaries Expense
Promotion Expense
R & D Expense
Employee Benefits
Utensils Exp
Interest Expense
Income Tax Expense
Income Summary
2,440,099.00
441,053.39
(158.00)
T-Balance
Credit
2,003,530.88
224,640.00
220,435.00
4,300.00
Php 530
Dr
417,198.22
19,369.90
Cr
50,000.00
50,000.00
0.00
2,940.00
2,940.00
0.00
800.00
800.00
0.00
8,000.00
74,764.20
30,316.00
8,000.00
2,806.40
66,666.67
0.00
2,440,099.00
2,440,099.00
747,642.00
2,940.00
8,000.00
800.00
14,101.00
50,000.00
6,000.00
28,676.00
220,435.00
727,584.00
8,945.00
200.00
0.00
77,603.00
4,300.00
9,333.33
0.00
92,486.28
Php 1,835
5,060,355.08
2,502,280.40
2,365.00
2,504,645.40
747,642.00
2,940.00
8,000.00
800.00
14,101.00
50,000.00
6,000.00
28,676.00
220,435.00
727,584.00
8,945.00
200.00
77,603.00
4,300.00
9,333.33
0.00
92,486.28
Php 1,835
1,999,045.61
Income Statement
2015
Sales
Less:
Raw Materials Used
Direct Labor
Utilities
Supplies
Utensils
Cost of Goods Sold
Gross Profit
Less: Expenses
Vehicle
Furnitures&Fixtures
Office Supplies
Delivery Expense
Promotion expense
Employee Benefits
Maintenance Expense
Net income before tax
Less:
Income Tax
Asset
19,369.90
7,000.00
0.00
7,000.00
10,000.00
-3,000.00
727,584.00
27,600.00
212,570.00
1,900.00
0.00
966,654.00
4,080.00
970,734.00
0.00
970,734.00
-951,364.10
0.00
0.00
2,365.00
0.00
0.00
0.00
0.00
2,365.00
-953,729.10
159,462.16
-1,113,191.26
Cash
Accounts Receivable
Inventory
Utensils
Equipments
Accu Depn - Equip
Furnitures
Vehicle
Accu Depn - Vehicle
Total Assets
A/P
Capital, Beginning
Add: Net Income
Capital, Ending
Total Liablities & Capital
2,321,760.00
224,640.00
10,000.00
2,400.00
14,700.00
5,880.00
4,500.00
1,797.12
80,000.00
16,000.00
2,634,322.88
80,000.00
#REF!
-1,113,191.26
#REF!
#REF!
Cash
Capital
Cash
Notes Payable
Purchases
Delivery Expense
Maintenance Expense
Utilities Expense
Salaries Expense
Promotion Expense
R & D Expense
Employee Benefits
Cash
699,119.10
14,651.00
6,000.00
29,794.00
697,268.00
8,945.00
200.00
77,603.00
Php 1,835
1,535,415.10
Equipments
Furnitures
Vehicle
Cash
50,000.00
2,940.00
800.00
8,000.00
50,000.00
2,940.00
800.00
8,000.00
Supplies
Utensils
Office Supplies
Cash
229,031.00
4,300.00
Php 530
Supplies Expense
Utensils Expense
Supplies
Utensils
229,031.00
4,300.00
Php 530
233,861.00
229,031.00
4,300.00
Office Supplies
Php 530
Cash
Sales
2,381,135.40
2,381,135.40
Accounts Receivable
Sales
264,570.60
Cash
Accounts Receivable
244,009.90
264,570.60
244,009.90
Purchases
Accounts Payable
77,679.90
Accounts Payable
Cash
74,764.20
Interest Expense
Notes Payable
Cash
4,666.67
66,666.67
77,679.90
74,764.20
71,333.34
Income tax Expense

Cash
147,086.73
147,086.73
Salaries Payable
Cash
30,316.00
Salaries Expense
Salaries Payable
30,316.00
30,316.00
30,316.00
total
5,383,194.17
5,385,559.17
Ledger
Accounts Name
Cash
Accounts Receivable
Supplies
Utensils
Office Supplies
Equipments
Accu Depn - Equip
Furnitures
Vehicle
Accu Depn - Vehicle
Accounts Payable
Salaries Payable
Capital
Sales
Purchases
Depn Exp Equip
Depn Exp Vehicle
Depn Exp Furnitures
Delivery Expense
Maintenance Expense
Utilities Expense
Supplies Expense
Salaries Expense
Promotion Expense
R & D Expense
Employee Benefits
Utensils Exp
Interest Expense
Income Tax Expense
Total
Debit
2,625,145.30
264,570.60
229,031.00
4,300.00
Php 530
-
Credit
2,092,776.37
244,009.90
229,031.00
4,300.00
Php 530
50,000.00
0.00
2,940.00
0.00
800.00
0.00
74,764.20
30316
66,666.67
8,000.00
77,679.90
30316
2,645,706.00
776,799.00
2,940.00
8,000.00
800.00
14,651.00
50,000.00
6,000.00
29,794.00
229,031.00
727,584.00
8,945.00
200.00
77,603.00
4,300.00
4,666.67
Php 530
147,086.73
Php 1,835
5,385,559.17
5,385,559.17
0.00
T-Balance
Dr
532,368.93
20,560.70
Cr
50,000.00
0.00
2,940.00
0.00
800.00
0.00
8,000.00
2,915.70
66,666.67
0.00
2,645,706.00
776,799.00
2,940.00
8,000.00
800.00
14,651.00
50,000.00
6,000.00
29,794.00
229,031.00
727,584.00
8,945.00
200.00
0.00
77,603.00
4,300.00
4,666.67
Php 530
147,086.73
Php 1,835
2,710,361.70
2,710,361.70
0.00
Sweet Tubers
Statement of Cash Flow
2015 - 2017
2017
Cash Flows From Operating Activities
Net Income after interest and taxes
Adjustments for diffrences between income
flows and flows from operating activities:
Depreciation Expense
Accounts Receivable
Inventory
Accounts Payable
Salaries Payable
Net Cash provided by Operating Activities
Cash Flows From Investing Activities
Leasehold Improvements
Equipments
Furnitures
Delivery Vehicle
Net Cash provided by Investing Activities
Cash Flow From Financing Activities
Initial Capital
Notes Payable
Net Cash provided by Financing Activities
Total Cash Flow
Add: Cash Balance, Beginning
Cash Balance, Ending
2016
557,232.60
440,895.39
61,740.00
(20,560.70)
(2,292.00)
3,129.55
599,249.45
61,740.00
(19,369.90)
(2,207.00)
3,012.10
484,070.59
(66,666.67)
(66,666.67)
(66,666.67)
532,582.78
650,556.61
1,183,139.39
417,403.92
233,152.68
650,556.61
2015
366,223.55
61,740.00
(224,640.00)
(56,578.00)
71,957.80
30,316.00
249,019.35
(150,000.00)
(14,700.00)
(4,500.00)
(80,000.00)
(249,200.00)
100,000.00
133,333.33
233,333.33
233,152.68
233,152.68
Sweet Tubers
Income Statement
2015-2017
Notes
Sales
Less:
Raw Materials Used
Direct Labor
Utilities
Supplies
Utensils
Cost of Goods Sold
Gross Profit
Less: Expenses
Salary Expenses
Depreciation Expense - Leasehold Improvement
Office Supplies
Delivery Expense
Business Permits&Registration
Research&development
Promotion expense
Employee Benefits
Maintenance Expense
Net income before interest & tax
Less:
Interest expense
Income Tax
(1)
(1)
(2)
(3)
(4)
(5)
(6)
2017
2,645,706.00
58,785.00
776,799.00
835,584.00
61,077
774,507.00
321,984.00
29,794.00
229,031.00
4,300.00
2,940.00
1,362,556.00
1,362,556.00
1,362,556.00
1,283,150.00
(2)
(6)
(6)
(6)
(4)
(7)
(8)
(9)
(4)
(10)
(11)
405,600.00
8,000.00
50,000.00
800.00
14,651.00
8,945.00
200.00
77,603
6,000.00
Php 1,835
574,164.00
708,986.00
4,666.67
147,086.73
557,232.60
2016
2,440,099.00
2015
2,246,400.00
56,578.00
747,642.00
804,220.00
58,785.00
745,435.00
321,984.00
719,578.00
719,578.00
56,578
663,000.00
321,984.00
28,676.00
220,435.00
4,300.00
2,940.00
1,323,770.00
27,600.00
212,160.00
4,300.00
2,940.00
1,231,984.00
1,323,770.00
1,231,984.00
1,323,770.00
1,116,329.00
1,231,984.00
1,014,416.00
405,600.00
8,000.00
50,000.00
800.00
14,101.00
8,945.00
200.00
77,603.00
6,000.00
Php 1,835
573,614.00
542,715.00
405,600.00
8,000.00
50,000.00
800.00
Php 530
13,572.00
12,945.00
1,500.00
200.00
77,603.00
6,000.00
Php 1,835
576,220.00
438,196.00
9,333.33
92,486.28
14,000.00
57,972.45
440,895.39
366,223.55
Sweet Tubers
Balance Sheet
2015 - 2017
Assets
Current Assets
Cash
Accounts Receivable
Inventory
Total Current Assets
2017
1,182,719.84
264,570.60
61,077.00
1,508,367.44
Non-current Assets
Accumulated Depreciation - Leasehold Improvement
Equipments
Furnitures
Delivery Vehicle
Accumulated Depreciation - Delivery Vehicle
Total Non-current Assets
Total Assets
150,000.00
(150,000.00)
14,700.00
(8,820.00)
4,500.00
(2,400.00)
80,000.00
(24,000.00)
63,980.00
1,572,347.44
Liabilities
Current Liabilities
Accounts Payable
Salaries Payable
Total Current Liabilities
Non-Current Liabilities
Notes Payable (3 years, 7% interest)
Total Non-Current Liabilities
77,679.90
30,316.00
107,995.90
Capital
Capital, Beginning
Add: Net Income
Capital, Ending
907,118.94
557,232.60
1,464,351.54
Total Liablities & Capital
1,572,347.44
-
224,640.00
2016
2015
650,350.91
244,009.90
58,785.00
953,145.81
233,152.68
224,640.00
56,578.00
514,370.68
150,000.00
(100,000.00)
14,700.00
(5,880.00)
4,500.00
(1,600.00)
80,000.00
(16,000.00)
125,720.00
150,000.00
(50,000.00)
14,700.00
(2,940.00)
4,500.00
(800.00)
80,000.00
(8,000.00)
187,460.00
1,078,865.81
701,830.68
74,764.20
30,316.00
105,080.20
71,957.80
30,316.00
102,273.80
66,666.67
66,666.67
133,333.33
133,333.33
466,223.55
440,895.39
907,118.94
100,000.00
366,223.55
466,223.55
1,078,865.81
701,830.68
2017
Liquidity ratio
Current Ratio
Current Assets
Current Liabilities
1508367.44
107995.90
13.97
Acid- Test (Quick) ratio
Current Assets - Inventories

Current Liabilities
1508367.44-61077
107995.90
1447290.44
107995.90
13.40
Profitability Ratio
Gross Profit Margin
Gross Profit
Net sales
1283150.00
2645706.00
0.48
Operating Profit Margin
Operating Profit
Net Sales
708986.00
2645706.00
0.27
Net Profit Margin
Net Income
Net Sales
557232.60
2645706.00
0.21
Return on Investment
Net Income
Average total Assets
557232.60
2885156.81
0.19
Return on Equity
Net Income
Average Stockholder's Equity
557232.60
2526878.33
0.22
Working Capital Ratio

Working Capital
Current Assets - Current Liabilities
1508367.44 - 107995.9
1400371.54
Working Capital to Assets
Working Capital
Total Assets
1400371.54
1572347.44
0.89
Turnover Ratio
Accounts Receivables Turnover
Net Sales
Average accounts receivables
2645706.00
583460.50
4.53
Average Collection Period
360 days/Receivable turnover or

accounts receivables/net sales/360
360
4.53
79.39
Inventory Turnover
Cost of Goods Sold

Average Merchandise Inventory
1362556.00
138721.33
9.82
Average sale period
365 days
Inventory turnover
365
9.82
37.16
Payable Turnover
Net purchases
average accounts payable
776799.00
176430.03
4.40
Total asset turnover
Net sales
Average Total assets
2645706.00
2885156.81
0.92
2016
2015
953145.81
105080.20
514370.68
102273.80
9.07
5.03
953145.81-58785
105080.20
514370.68-56578
102273.80
894360.81
105080.20
457792.68
102273.80
8.51
4.48
1116329.00
2440099.00
1231984.00
2246400.00
0.46
0.55
542715.00
2440099.00
438196.00
2246400.00
0.22
0.20
440895.39
2440099.00
366223.55
2246400.00
0.18
0.16
440895.39
1429781.15
366223.55
701830.68
0.31
0.52
440895.39
1140230.72
366223.55
466223.55
0.39
0.79
953145.81-105080.2
514370.68 - 102273.8
848065.61
412096.88
848065.61
1078865.81
412096.88
701830.68
0.79
0.59
2440099.00
356329.90
2246400.00
224640.00
6.85
10.00
360
6.85
360
10.00
52.57
36.00
1323770.00
87074.00
1231984.00
56578.00
15.20
21.77
365
15.20
365
21.77
24.01
16.76
747642.00
110743.10
719578.00
71957.80
6.75
10.00
2440099.00
1429781.15
2246400.00
701830.68
1.71
3.20
Sweet Tubers
Break-even Analysis
Sales
Gross Profit
Less:Operating Expense

Financial Aspect

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Financial Aspect

Uploaded by

Copyright:

Available Formats

Vehicle

Raw Materials and Supplies

Other supplies (per year)

Payment schedule for 1 year

(1,131.00 per month)

Direct Materials (Daily)

Income tax Expense

Sweet Tubers ManufacturingSweet Tubers Manufacturing

Income tax Expense

Income tax Expense

Total Liablities & Capital

Acid- Test (Quick) ratio

Current Assets - Inventories

Gross Profit Margin

Operating Profit Margin

Net Profit Margin

Working Capital Ratio

Current Assets - Current Liabilities

Working Capital to Assets

Average Collection Period

360 days/Receivable turnover or

Cost of Goods Sold

You might also like