Professional Documents
Culture Documents
F.A.T. Goals
Diaz, Jessa P.
IV - CMA
Submitted to :
Start up capital
Financial Projections
Financial Ratios
Sample of Payroll for the month
Important assumptions
500 Pesos is the minimum price that a customer would willing to spend
The dining room can accommodate 128 seats per hour and the operating hour
for a day is 12 hours and estimated to have 60% of the seating capacity per hour
The restaurant employs 26 employees including admin
6% annual increase in Gross Sale
3% annual increase for inflation
Year 3 assumes an increase in salary of 2%
Start-Up Capital
Source of Funds2 million pesos will be invested in cash and the 3,370,000 pesos will
be secured by loan payable in 5 years.
F.A.T Goals
Statement of Comprehensive Income
Year Ended December 31, 2019
Operating Activities
Cash sales 138,240,000.00
Other Income 1,440,000.00
Cash Purchases (40,972,000.00)
Salaries Expense (7,303,490.04)
Utilities Expense (960,000.00)
Supplies Expense (96,000.00)
Net Cah flow from Operations 90,348,509.96
Investing Activities
Equipment Bought (300,000.00)
Net Cah flow from Investing (300,000.00)
Financing Activities
Loan Payable 3,370,000.00
Initial Investment 2,000,000.00
Partial Payment of Loan (500,000.00)
Cash Withdrawal (30,000.00)
Net Cash Flow from Finaning 4,840,000.00
NET CASH FLOW 94,888,509.96
F.A.T Goals
Cash Flow Statement
Year Ended December 31,2020
Operating Activities
Cash sales 146,534,400.00
Other Income 1,526,400.00
Cash Purchases (42,460,320.00)
Salaries Expense (7,303,490.04)
Utilities Expense (988,800.00)
Rent Expense (257,500.00)
Supplies Expense (25,000.00)
Net Cah flow from Operations 97,025,689.96
Investing Activities
Equipment Bought -
Net Cah flow from Investing -
Financing Activities
Partial Payment of Loan (774,000.00)
Cash Withdrawal (100,000.00)
Net Cash Flow from Finaning (874,000.00)
NET CASH FLOW 96,151,689.96
Add: Cash Beginning Balance 93,448,509.96
Ending Cash Balance 189,600,199.92
F.A.T Goals
Cash Flow Statement
Year Ended December 31,2021
Operating Activities
Cash sales 155,326,464.00
Other Income 1,617,984.00
Cash Purchases (48,397,939.20)
Salaries Expense (7,449,559.84)
Utilities Expense (1,018,464.00)
Rent Expense (265,225.00)
Supplies Expense (25,750.00)
Net Cah flow from Operations 99,787,509.96
Investing Activities
Equipment Bought -
Net Cah flow from Investing -
Financing Activities
Partial Payment of Loan (674,000.00)
Cash Withdrawal (350,000.00)
Net Cash Flow from Finaning (1,024,000.00)
NET CASH FLOW 98,763,509.96
Add: Cash Beginning Balance 189,600,199.92
Ending Cash Balance 288,363,709.88
FA.T Goals
Statement of Financial Position
Year Ended December 31, 2019
ASSETS
Current Asset
Cash 93,448,509.96
Inventory 3,500,000.00
Total Current Asset 96,948,509.96
Non-Current Asset
Furniture And Fixtures 400,000.00
Equipment 300,000.00
Aircon 150,000.00
Accumulated Depreciation -Aircon (15,000.00) 135,000.00
Television 40,000.00
Accumulated Depreciation -Television (4,000.00) 36,000.00
Refrigerator 60,000.00
Accumulated Depreciation - Refrigerator (6,000.00) 54,000.00
Total Non-Current Asset 925,000.00
TOTAL ASSETS 97,873,509.96
LIABILITIES
Current Liabilities
Accounts Payable 304,000.00
Non-Cuurent Liabilities
Loan Payable 2,870,000.00
TOTAL LIABILITIES 3,174,000.00
Owner's Equity
Capital 2,000,000.00
Additional Investment 2,798,500.00
Withdrawal (30,000.00)
Net Income 89,931,009.96 94,699,509.96
TOTAL LIABILITIES AND EQUITY 97,873,509.96
FA.T Goals
Statement of Financial Position
Year Ended December 31, 2020
ASSETS
Current Asset
Cash 189,600,199.92
Inventory 2,000,000.00
Total Current Asset 191,600,199.92
Non-Current Asset
Furniture And Fixtures 400,000.00
Equipment 300,000.00
Aircon 135,000.00
Accumulated Depreciation -Aircon (15,000.00) 120,000.00
Television 36,000.00
Accumulated Depreciation -Television (4,000.00) 32,000.00
Refrigerator 54,000.00
Accumulated Depreciation - Refrigerator (6,000.00) 48,000.00
Total Non-Current Asset 900,000.00
TOTAL ASSETS 192,500,199.92
LIABILITIES
Current Liabilities
Accounts Payable 472,500.00
Non-Cuurent Liabilities
Loan Payable 2,096,000.00
Owner's Equity
Capital, beginning 94,699,509.96
Withdrawal (100,000.00)
Net Income 95,332,189.96 189,931,699.92
TOTAL LIABILITIES AND EQUITY 192,500,199.92
FA.T Goals
Statement of Financial Position
Year Ended December 31, 2021
ASSETS
Current Asset
Cash 288,363,709.88
Inventory 3,800,000.00
Total Current Asset 292,163,709.88
Non-Current Asset
Furniture And Fixtures 400,000.00
Equipment 300,000.00
Aircon 120,000.00
Accumulated Depreciation -Aircon (15,000.00) 105,000.00
Television 32,000.00
Accumulated Depreciation -Television (4,000.00) 28,000.00
Refrigerator 48,000.00
Accumulated Depreciation - Refrigerator (6,000.00) 42,000.00
Total Non-Current Asset 875,000.00
TOTAL ASSETS 293,038,709.88
LIABILITIES
Current Liabilities
Accounts Payable 641,000.00
Non-Cuurent Liabilities
Loan Payable 1,422,000.00
Owner's Equity
Capital, beginning 189,931,699.92
Withdrawal (350,000.00)
Net Income 101,394,009.96 290,975,709.88
TOTAL LIABILITIES AND EQUITY 293,038,709.88
Financial Projection
Ratio Analysis
Financial Ratios
Current Ratio
Current ratio is used to measure a company's liquidity or ability to pay off short-term
debts. It tells investors and analysts how a company can maximize the current assets
on its balance sheet to satisfy its current debt and other payables. Base on the table,
the company had a higher result of current ratio, the higher the current ratio, the more
capable a company is of paying its obligations because it has a larger proportion
of short-term asset value relative to the value of its short-term liabilities.
Payback
The essence of getting payback period is to now the length of time required to recover
the cost of the investment and it says that our company can get back the investment
over 2 years and 2 months
Return on investment
We get the ROI to determine the profitability of expenditure. As we can see the
percentage of ROI increase as the time goes by it means that the investment gains
Income Statement
Gross Operating Profit indicates how much profit a company can makes after deducting
its cost of goods sold. Based on the result provided in the comprehensive income of
Food and Travel (F.A.T.) Goals restaurant has an average percentage of 70.04%. This
percentage reflects a good outcome of a business. It means that the production costs
are reasonable relative to the selling price of the product. The higher the percentage,
the more efficient the company is.
Profit Rate
Profit rate is a percentage that tells about the overall profitability of a business. You can
calculate this by just deducting your total expenses from your gross profit. Then divide
the profit by your total costs, and the result will be the rate or percentage of profit that
you make on your sales. Based on the result provided in the comprehensive income of
Food and Travel (F.A.T.) Goals restaurant has an average percentage of 65.13%. This
percentage is a good indicator that the company’s financial health is doing
better/great/excellent. It tells investors how much profit/revenue the business is earning.
A higher percentage of a profit indicates that a company can make a reasonable profit
on sales, as long as it monitors all the costs and expenses in control.
Balance Sheet
We get the ratio of cash by just dividing the total cash over total assets. Based on the
result, it has a high percentage result. It means that having a large percentage of cash
ratios may not provide a good analysis of a company, as it is unrealistic for companies
to hold large amounts of cash.
Inventory
Inventory consists of merchandise a business owns but has not yet sold. We get the
percentage ratio of inventory by just dividing the total inventory over total assets. Based
on the result, it has a low percentage result. It means that having a low percentage is a
good indicator that the business almost realized its products into cash.
Current assets(cash and inventory) represent all the assets of a company that are
expected to be conveniently sold, consumed, utilized or exhausted through the standard
business operations, which can lead to their conversion to a cash value over the next
one year period. Based on the table it has high percentage result.
Accounts payable
Based on the percentage per year, the accounts payable are decreasing means that the
company has the ability to pay its liabilities.
Loan payable
According to the result that we computed regarding loan payable, it also shows that the
entity is paying its loan because of the decrease in the percentage.
Total liabilities
A lowering percentage of total liabilities mean that the entity has a good stand when it
comes on paying its liabilities to the creditors.