Financial Aspect

Costing

VehicleItemsUnit PriceQuantityTotal PriceLifespanDepreciationAnnuallyDelivery ExpenseDelivery VanPhp 80,0001Php 80,00010Php 25.648000ItemUnit PriceQuantityTotal PriceAnnualFuel (Diesel)Php 291.5 litersPhp 43.50 x 26TOTAL13572Production Equipment

ItemsUnit PriceQuantityTotal PriceLifespanDepreciationMonthlyGrinderPhp 10,0001Php 10,0005Php 6.41166.66UtilitiesExhaust Fan80021,60051.0326.76ParticularsDailyMonthlyAnnuallyStainless Table1,00011,00050.6416.64ElectricityPhp 38.46 Php 1,00012,000Weighing Scale600160050.3910.14Water11.543003,600fire Estinguisher15001150050.9611.54Telephone/Internet38.461,00012000TOTAL13,90014,7009.43245.18TOTALPhp 88.46Php 2,30027,600

Furniture and FixturesItemsUnit PriceQuantityTotal PriceLifespanDepreciationMonthlyAnnualMaintenance500Monthly(1,131.00 per month)ChairsPhp 20015Php 3,0005Php 1.9249.92599.04Office Tables250250050.328.3299.84Electric fan50021,00050.6416.64199.68TOTALPhp 45017Php4,500Php 2.8874.88898.56UtensilsItemsUnit PriceQuantityTotal Price

PanPhp 3004Php 1,200Crates or Pallets30061,800Ladle1008800Scooper258200Knives256150Grater256150TOTALPhp 77538Php 4,300Raw Materials and Supplies

Indirect MaterialsDirect Materials (Daily)MaterialsUnit PriceQuantityTotal PriceAnnuallyMaterialsPriceQuantityTotal Price2016 (3.9 increased)2017CharcoalPhp 1001 SackPhp 100Ube Php 3020 kilos Php 600623.4647.71Wax Paper100(2 box) 2400 pcs100Evaporated Milk2515 cans (360ml)375389.63404.83Box / Label2240480Condensed Milk5015 liters750779.25809.64TOTAL Php 202 Php 680212160Crushed Peanuts1004 kilos400415.6431.81TOTAL Php 245 Php 2,285ERROR:#REF!ERROR:#REF!Indirect LaborDirect Labor SalarySalaryPersonnelDailyMonthlyAnnuallyPersonnelDailyMonthlyAnnuallyGeneral ManagerPhp 500Php 13,000Production StaffPhp 400Php 10,400Administrative Staff40010,400Production Crew 13168,216Sales Staff40010,400Production Crew 23168,216TOTALPhp 1,300Php 33,800405600TOTALPhp 1,032Php 26,832321,984Production SuppliesItemsUnit PriceQuantityTotal PriceLifespanDepreciationmonthlyApron5031501Php 0.4812.5Hairnet20816010.5113.33Gloves20510010.328.33TOTALPhp 90.00Php 410.00Php 1.3234.16

Office SuppliesUnit PriceQuantityTotal PriceRecord BookPhp 702Php 140Folder620 pcs.120Bond Paper1551 rim155Ball Pen601 box60Invoice551 pad55TOTALPhp 346 Php 530Other supplies (per year)ItemsUnit PriceQuantityTotal PriceDepreciation (monthly exp.)BroomPhp 502Php 100Php 8.33Dish Washing Liquid2401 Galoon24020Sponge252 pcs.504.17Floor Mat253756.25Floor Mop150230025Trash Can501504.17Garbage Bag204896080Dust pan302605TOTALPhp 380Php 1,835Php 152.92

Payment schedule for 1 yearPrincipalInterestBalanceDate Borrowed00200,0001st Month16,66710,000183,3332nd Month16,6679,167166,6673rd month16,6678,333150,0004th month16,6677,500133,3335th month16,6676,667116,6676th month16,6675,833100,0007th month16,6675,00083,3338th month16,6674,16766,6679th month16,6673,33350,00010th month16,6672,50033,33311th month16,6671,66716,667Last month16,667833-065,000

IS2014201520162017201720172017JanuaryFebuaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDEcemberSales280,800280,800280,800280,800280,800280,800280,800280,800280,800280,800280,800280,8003,369,6003,695,3284,045,1954,420,833Less: Raw Materials, Beginning5003005001,5004005008001,0005007001,0007,7008,2007,0006,500 Add: Purchases of Raw Materials60,00060,00060,00060,00060,00060,00060,00060,00060,00060,00060,00060,000720,000720,000720,000720,000 Raw Materials Available for Use60,00060,50060,30060,50061,50060,40060,50060,80061,00060,50060,70061,000727,700728,200727,000726,500 Less: Raw Materials, Ending5003005001500400500800100050070010005008,200700065008000 Raw Materials Used59,50060,20059,80059,00061,10059,90059,70059,80060,50059,80059,70060,500719,500721,200720,500718,500 Direct Labor268322683226832268322683226832268322683226832268322683226832321984321984321984321984 Add: Production Overhead Utilities23002300230023002300230023002300230023002300230027600331200397440047692800 Supplies17714.1617714.1617714.1617714.1617714.1617714.1617714.1617714.1617714.1617714.1617714.1617714.16212569.92212569.92212569.92212569.92 Utensils158.34158.34158.34158.34158.34158.34158.34158.34158.34158.34158.34158.341900.081904.041904.041904.04 Depreciation - Production Equipments220.2220.2220.2220.2220.2220.2220.2220.2220.2220.2220.2220.22642.42642.42642.42642.4 Total Production Cost47224.747224.747224.747224.747224.747224.747224.747224.747224.747224.747224.747224.7566696.4870300.364513500.3648231900.36 Add: Finished Goods Inventory, Beginning09015080200350170904006013022019403790743014780 Goods Available for Sale47224.747314.747374.747304.747424.747574.747394.747314.747624.747284.747354.747444.7569336.4 Less: Finished Goods inventory, Ending9015080200350170904006013022010020404080 Cost of Goods Sold47134.747164.747294.747104.747074.747404.747304.746914.747564.747154.747134.747344.7568136.4Gross Profit233,665233,635233,505233,695233,725233,395233,495233,885233,235233,645233,665233,4552,801,464Less: ExpensesVehicle80,0000000000000080000000Renovation expense100000000000000001000000000Furnitures&Fixtures74.8874.8874.8874.8874.8874.8874.8874.8874.8874.8874.8874.88898.56898.56898.56898.56898.56Office Supplies197.09197.09197.09197.09197.09197.09197.09197.09197.09197.09197.09197.092365.082365236523652365Delivery Expense1631163116311631163116311631163116311631163116311957220335.30821128.38501221952.39202746822808.5353165393Salaries Expense33,80033,80033,80033,80033,80033,80033,80033,80033,80033,80033,80033,800405600Business Permits&Registration89450000000000089458945894589458945Research&development15000000000000015000000Promotion expense20000200002000020000800800800800800Employee Benefits6466.946466.946466.946466.946466.946466.946466.946466.946466.946466.946466.946466.9477,603.2877603.2877603.2877603.2877603.28Total Operating expense232,81542,17042,17042,37042,17042,17042,37042,17042,17042,37042,17042,170464,469886,7681,731,3663,420,3636,798,556Net income before tax850191,465191,335191,325191,555191,225191,125191,715191,065191,275191,495191,2852,336,995-886,768-1,731,366-3,420,363-6,798,556Less: Interest expense10,0009,1678,33375006,6675,8335,0004,1673,3332,5001,66783365,0000000 Income TaxNet income after taxReturn on Investment

2015LedgerT-Balance Sweet Tubers ManufacturingSweet Tubers ManufacturingCash100,000.00Statement of Comprehensive IncomeStatement of Balance Sheet Capital100,000.00As of December 31 2014As of December 31, 2014Accounts NameDebitCreditDrCrCash200,000.00Cash2,321,760.002,088,607.32233,152.68Sales2,246,400.00Asset Notes Payable200,000.00Accounts Receivable224,640.00224,640.00Less:Cash2,321,760.00Supplies212,160.00212,160.00 Raw Materials, Beginning0.00Accounts Receivable224,640.00Utensils4,300.004,300.00Purchases647,620.20Office Supplies Php 530 Php 530 Add: Purchases of Raw Materials720,000.00Inventory11,080.00Delivery Expense13,572.00Leasehold Improvement150,000.00150,000.00 Raw Materials Available for Use720,000.00UtensilsERROR:#REF!Maintenance Expense6,000.00Accu Depn - Leasehold50,000.0050,000.00 Less: Raw Materials, Ending7,000.00Utilities Expense27,600.00Equipments14,700.0014,700.00 Raw Materials Used713,000.00Equipments14,700.00Salaries Expense697,268.00Accu Depn - Equip2,940.002,940.00 Direct Labor727,584.00Accu Depn - Equip2,940.00Bussiness permits & license Expense12,945.00Furnitures4,500.004,500.00 Add: Production OverheadFurnitures4,500.00Promotion Expense200.00Accu Depn - Furnitures800.00800.00 Utilities27,600.00Accu Depn - Furnitures898.56R & D Expense1,500.00Vehicle80,000.0080,000.00Employee Benefits77,603.00Accu Depn - Vehicle8,000.008,000.00 Supplies212,570.00Vehicle80,000.00Miscellaneous ExpensePhp 1,835Accounts Payable71,957.8071,957.80 Utensils1,900.00Accu Depn - Vehicle8,000.00 Cash1,484,308.20Salaries Payable30,316.0030,316.00 Depreciation - Production Equipments2,940.00Notes Payable (3 yrs, 7%)66,666.67200,000.00133,333.33 Total Production Cost1,685,594.00Total AssetsERROR:#REF!Leasehold Improvement150,000.00Capital100,000.00100,000.00 Add: Finished Goods Inventory, Beginning0.00Equipments14,700.00Sales2,246,400.002,246,400.00 Goods Available for Sale1,685,594.00A/P72,000.00Furnitures4,500.00Purchases719,578.00719,578.00 Less: Finished Goods inventory, Ending4,080.00Vehicle80,000.00Depn Exp Equip2,940.002,940.00 Cost of Goods Sold1,681,514.00Capital, Beginning100,000.00 Cash249,200.00Depn Exp Vehicle8,000.008,000.00Gross Profit564,886.00Add: Net IncomeERROR:#REF!Depn Exp Furnitures800.00800.00Less: ExpensesCapital, EndingERROR:#REF!Depreciation Expense - Leasehold50,000.00Delivery Expense13,572.0013,572.00Vehicle8,000.00Depreciation Expense - Equipments2,940.00Depn Exp Leasehold Improvement50,000.0050,000.00Renovation expenseERROR:#REF!Total Liablities & CapitalERROR:#REF!Depreciation Expense - Furnitures800.00Maintenance Expense6,000.006,000.00Furnitures&Fixtures800.00Depreciation Expense - Vehicle8,000.00Utilities Expense27,600.0027,600.00Office Supplies Php 530 Accumulated Depreciation - Leasehold50,000.00Supplies Expense212,160.00212,160.00Delivery Expense13,572.00 Accumulated Depreciation - Equipments2,940.00Salaries Expense727,584.00727,584.00Business Permits&Registration12,945.00 Accumulated Depreciation - Furnitures800.00Bussiness permits & license Expense12,945.0012,945.00Research&development1,500.00 Accumulated Depreciation - Vehicle8,000.00Promotion Expense200.00200.00Promotion expense200.00R & D Expense1,500.001,500.00Employee Benefits77,603.00Supplies212,160.00Employee Benefits77,603.0077,603.00Maintenance Expense6,000.00Utensils4,300.00Utensils Exp4,300.004,300.00Total Operating expenseERROR:#REF!Office Supplies Php 530Interest Expense14,000.0014,000.00Net income before taxERROR:#REF! Cash216,460.00Office Supplies Expense Php 530 Php 530Less:Income Tax Expense57,972.4557,972.45 Interest expense14,000.00Supplies Expense212,160.00Miscellaneous ExpensePhp 1,835Php 1,835 Income Tax47,800.16Utensils Expense4,300.00 Net income after taxERROR:#REF!Office Supplies Expense Php 530 Supplies212,160.00Total5,015,481.125,015,481.122,643,747.132,643,747.13 Utensils4,300.000.000.00 Office Supplies Php 530

Cash2,021,760.00 Sales2,021,760.00

Accounts Receivable224,640.00 Sales224,640.00

Purchases71,957.80 Accounts Payable71,957.80

Interest Expense14,000.00 Cash14,000.00

Notes Payable66,666.67 Cash66,666.67

Income tax Expense57,972.45 Cash57,972.45

Salaries Expense30,316.00 Salaries Payable30,316.00total5,015,481.125,015,481.12

2016LedgerT-BalanceIncome StatementCash2015 CapitalAssetAccounts NameDebitCreditDrCrSales19,369.90Cash2,321,760.00CashCash2,420,729.102,003,530.88417,198.22Less:Accounts Receivable224,640.00 Notes PayableAccounts Receivable244,009.90224,640.0019,369.90 Raw Materials, Beginning7,000.00Inventory10,000.00Supplies220,435.00220,435.00 Add: Purchases of Raw Materials0.00Utensils2,400.00Utensils4,300.004,300.00 Raw Materials Available for Use7,000.00Purchases672,877.80Office Supplies Php 530 Php 530 Less: Raw Materials, Ending10,000.00Equipments14,700.00Delivery Expense14,101.00Leasehold Improvement0.00.0 Raw Materials Used-3,000.00Accu Depn - Equip5,880.00Maintenance Expense6,000.00Accu Depn - Leasehold50,000.0050,000.00 Direct Labor727,584.00Furnitures4,500.00Utilities Expense28,676.00Equipments0.000.00 Add: Production OverheadAccu Depn - Furnitures1,797.12Salaries Expense697,268.00Accu Depn - Equip2,940.002,940.00 Utilities27,600.00Vehicle80,000.00Bussiness permits & license Expense8,945.00Furnitures0.000.00 Supplies212,570.00Accu Depn - Vehicle16,000.00Promotion Expense200.00Accu Depn - Furnitures800.00800.00 Utensils1,900.00R & D ExpenseVehicle0.000.00 Depreciation - Production Equipments0.00Total Assets2,634,322.88Employee Benefits77,603.00Accu Depn - Vehicle8,000.008,000.00 Total Production Cost966,654.00Miscellaneous ExpensePhp 1,835Accounts Payable71,957.8074,764.202,806.40 Add: Finished Goods Inventory, Beginning4,080.00A/P80,000.00 Cash1,507,505.80Salaries Payable30,316.0030,316.000.0 Goods Available for Sale970,734.00Notes Payable (3 yrs, 7%)66,666.6766,666.67 Less: Finished Goods inventory, Ending0.00Capital, BeginningERROR:#REF!Leasehold ImprovementCapital0.00 Cost of Goods Sold970,734.00Add: Net Income-1,113,191.26EquipmentsSales2,440,099.002,440,099.00Gross Profit-951,364.10Capital, EndingERROR:#REF!FurnituresPurchases747,642.00747,642.00Less: ExpensesVehicleDepn Exp Equip2,940.002,940.00Vehicle0.00Total Liablities & CapitalERROR:#REF! Cash0.0Depn Exp Vehicle8,000.008,000.00Furnitures&Fixtures0.00Depn Exp Furnitures800.00800.00Office Supplies2,365.00Depreciation Expense - Leasehold50,000.00Delivery Expense14,101.0014,101.00Delivery Expense0.00Depreciation Expense - Equipments2,940.00Depn Exp Leasehold Improvement50,000.0050,000.00Promotion expense0.00Depreciation Expense - Furnitures800.00Maintenance Expense6,000.006,000.00Employee Benefits0.00Depreciation Expense - Vehicle8,000.00Utilities Expense28,676.0028,676.00Maintenance Expense0.00 Accumulated Depreciation - Leasehold50,000.00Supplies Expense220,435.00220,435.00Total Operating expense2,365.00 Accumulated Depreciation - Equipments2,940.00Salaries Expense727,584.00727,584.00Net income before tax-953,729.10 Accumulated Depreciation - Furnitures800.00Bussiness permits & license Expense8,945.008,945.00Less: Accumulated Depreciation - Vehicle8,000.00Promotion Expense200.00200.00 Income Tax159,462.16R & D Expense0.00 Net income after tax-1,113,191.26Supplies220,435.00Employee Benefits77,603.0077,603.00Utensils4,300.00Utensils Exp4,300.004,300.00Office Supplies Php 530Interest Expense9,333.339,333.33 Cash225,265.00Office Supplies Expense0.00Income Tax Expense92,486.2892,486.28Supplies Expense220,435.00Miscellaneous ExpensePhp 1,835Php 1,835Utensils Expense4,300.00Office Supplies Expense Php 530 Supplies220,435.00Total5,057,990.085,060,355.082,502,280.402,504,645.40 Utensils4,300.002,365.002,365.00 Office Supplies Php 530

Cash2,196,089.10 Sales2,196,089.10

Accounts Receivable244,009.90 Sales244,009.90

Cash224,640.00 Accounts Receivable224,640.00

Purchases74,764.20 Accounts Payable74,764.20Sales2,440,099.00Accounts Payable71,957.80Purchases747,642.00 Cash71,957.80Depn Exp Equip2,940.00Depn Exp Vehicle8,000.00Interest Expense9,333.33Depn Exp Furnitures800.00Notes Payable66,666.67Delivery Expense14,101.00 Cash76,000.00Depn Exp Leasehold Improvement50,000.00Maintenance Expense6,000.00Income tax Expense92,486.28Utilities Expense28,676.00 Cash92,486.28Supplies Expense220,435.00Salaries Expense727,584.00Salaries Payable30,316.00Bussiness permits & license Expense8,945.00 Cash30,316.00Promotion Expense200.00R & D ExpenseSalaries Expense30,316.00Employee Benefits77,603.00 Salaries Payable30,316.00Utensils Exp4,300.00total5,057,460.085,059,825.08Interest Expense9,333.33Office Supplies Expense0.00Income Tax Expense92,486.28Miscellaneous ExpensePhp 1,835Income Summary441,053.391,999,045.61(158.00)

2017LedgerT-BalanceCash CapitalAccounts NameDebitCreditDrCrCashCash2,625,145.302,092,776.37532,368.93 Notes PayableAccounts Receivable264,570.60244,009.9020,560.70Supplies229,031.00229,031.00Utensils4,300.004,300.00Purchases699,119.10Office Supplies Php 530 Php 530Delivery Expense14,651.00Leasehold Improvement0.00.0Maintenance Expense6,000.00Accu Depn - Leasehold50,000.0050,000.00Utilities Expense29,794.00Equipments0.000.00Salaries Expense697,268.00Accu Depn - Equip2,940.002,940.00Bussiness permits & license Expense8,945.00Furnitures0.000.00Promotion Expense200.00Accu Depn - Furnitures800.00800.00R & D Expense0.0Vehicle0.000.00Employee Benefits77,603.00Accu Depn - Vehicle8,000.008,000.00Miscellaneous ExpensePhp 1,835Accounts Payable74,764.2077,679.902,915.70 Cash1,535,415.10Salaries Payable3031630316Notes Payable (3 yrs, 7%)66,666.6766,666.67Leasehold ImprovementCapital0.00EquipmentsSales2,645,706.002,645,706.00FurnituresPurchases776,799.00776,799.00VehicleDepn Exp Equip2,940.002,940.00 Cash0.0Depn Exp Vehicle8,000.008,000.00Depn Exp Furnitures800.00800.00Depreciation Expense - Leasehold50,000.00Delivery Expense14,651.0014,651.00Depreciation Expense - Equipments2,940.00Depn Exp Leasehold Improvement50,000.0050,000.00Depreciation Expense - Furnitures800.00Maintenance Expense6,000.006,000.00Depreciation Expense - Vehicle8,000.00Utilities Expense29,794.0029,794.00 Accumulated Depreciation - Leasehold50,000.00Supplies Expense229,031.00229,031.00 Accumulated Depreciation - Equipments2,940.00Salaries Expense727,584.00727,584.00 Accumulated Depreciation - Furnitures800.00Bussiness permits & license Expense8,945.008,945.00 Accumulated Depreciation - Vehicle8,000.00Promotion Expense200.00200.00R & D Expense0.00Supplies229,031.00Employee Benefits77,603.0077,603.00Utensils4,300.00Utensils Exp4,300.004,300.00Office Supplies Php 530Interest Expense4,666.674,666.67 Cash233,861.00Office Supplies Expense Php 530 Php 530Income Tax Expense147,086.73147,086.73Supplies Expense229,031.00Miscellaneous ExpensePhp 1,835Php 1,835Utensils Expense4,300.00Office Supplies Expense Php 530 Supplies229,031.00 Utensils4,300.00Total5,385,559.175,385,559.172,710,361.702,710,361.70 Office Supplies Php 5300.000.00

Cash2,381,135.40 Sales2,381,135.40

Accounts Receivable264,570.60 Sales264,570.60

Cash244,009.90 Accounts Receivable244,009.90

Purchases77,679.90 Accounts Payable77,679.90

Accounts Payable74,764.20 Cash74,764.20

Interest Expense4,666.67Notes Payable66,666.67 Cash71,333.34

Income tax Expense147,086.73 Cash147,086.73

Salaries Payable30,316.00 Cash30,316.00Salaries Expense30,316.00 Salaries Payable30,316.00total5,383,194.175,385,559.17

Yearly CFSweet TubersStatement of Cash Flow2015 - 2017

201720162015Cash Flows From Operating Activities Net Income after interest and taxes557,232.60440,895.39366,223.55 Adjustments for diffrences between income flows and flows from operating activities: Depreciation Expense61,740.0061,740.0061,740.00 Accounts Receivable(20,560.70)(19,369.90)(224,640.00) Inventory(2,292.00)(2,207.00)(56,578.00) Accounts Payable3,129.553,012.1071,957.80 Salaries Payable0.00.030,316.00 Net Cash provided by Operating Activities599,249.45484,070.59249,019.35

Cash Flows From Investing Activities Leasehold Improvements0.00.0(150,000.00) Equipments0.00.0(14,700.00) Furnitures0.00.0(4,500.00) Delivery Vehicle0.00.0(80,000.00) Net Cash provided by Investing Activities0.00.0(249,200.00)

Cash Flow From Financing Activities Initial Capital0.00.0100,000.00 Notes Payable(66,666.67)(66,666.67)133,333.33 Net Cash provided by Financing Activities(66,666.67)233,333.33

Total Cash Flow532,582.78417,403.92233,152.68Add: Cash Balance, Beginning650,556.61233,152.680.0Cash Balance, Ending1,183,139.39650,556.61233,152.68

Yearly IS Sweet TubersIncome Statement2015-2017

Notes201720162015Sales2,645,706.002,440,099.002,246,400.00Less: Raw Materials, Beginning58,785.0056,578.00 Add: Purchases of Raw Materials(1)776,799.00747,642.00719,578.00 Raw Materials Available for Use835,584.00804,220.00719,578.00 Less: Raw Materials, Ending(1)61,07758,785.0056,578 Raw Materials Used774,507.00745,435.00663,000.00 Direct Labor(2)321,984.00321,984.00321,984.00 Add: Production Overhead Utilities(3)29,794.0028,676.0027,600.00 Supplies(4)229,031.00220,435.00212,160.00 Utensils(5)4,300.004,300.004,300.00 Depreciation - Production Equipments(6)2,940.002,940.002,940.00 Total Production Cost1,362,556.001,323,770.001,231,984.00 Add: Finished Goods Inventory, Beginning Goods Available for Sale1,362,556.001,323,770.001,231,984.00 Less: Finished Goods inventory, Ending Cost of Goods Sold1,362,556.001,323,770.001,231,984.00Gross Profit1,283,150.001,116,329.001,014,416.00Less: ExpensesSalary Expenses(2)405,600.00405,600.00405,600.00Depreciation Expense - Vehicle(6)8,000.008,000.008,000.00Depreciation Expense - Leasehold Improvement(6)50,000.0050,000.0050,000.00Depreciation Expense - Furnitures(6)800.00800.00800.00Office Supplies(4)0.00.0 Php 530Delivery Expense(7)14,651.0014,101.0013,572.00Business Permits&Registration(8)8,945.008,945.0012,945.00Research&development0.00.01,500.00Promotion expense200.00200.00200.00Employee Benefits(9)77,60377,603.0077,603.00Maintenance Expense6,000.006,000.006,000.00Miscellaneous Expense(4)Php 1,835Php 1,835Php 1,835Total Operating expense574,164.00573,614.00576,220.00Net income before interest & tax708,986.00542,715.00438,196.00Less: Interest expense(10)4,666.679,333.3314,000.00 Income Tax(11)147,086.7392,486.2857,972.45

Net income after tax557,232.60440,895.39366,223.55

Yearly BSSweet TubersBalance Sheet2015 - 2017

Assets201720162015Current AssetsCash1,182,719.84650,350.91233,152.68Accounts Receivable264,570.60244,009.90224,640.00Inventory61,077.0058,785.0056,578.00Total Current Assets1,508,367.44953,145.81514,370.68

Non-current AssetsLeasehold Improvement150,000.00150,000.00150,000.00 Accumulated Depreciation - Leasehold Improvement(150,000.00)(100,000.00)(50,000.00)Equipments14,700.0014,700.0014,700.00 Accumulated Depreciation - Equipments(8,820.00)(5,880.00)(2,940.00)Furnitures 4,500.004,500.004,500.00 Accumulated Depreciation - Furnitures(2,400.00)(1,600.00)(800.00)Delivery Vehicle 80,000.0080,000.0080,000.00 Accumulated Depreciation - Delivery Vehicle(24,000.00)(16,000.00)(8,000.00)Total Non-current Assets63,980.00125,720.00187,460.00

Total Assets1,572,347.441,078,865.81701,830.68

LiabilitiesCurrent LiabilitiesAccounts Payable77,679.9074,764.2071,957.80Salaries Payable30,316.0030,316.0030,316.00Total Current Liabilities107,995.90105,080.20102,273.80

Non-Current LiabilitiesNotes Payable (3 years, 7% interest)0.066,666.67133,333.33Total Non-Current Liabilities0.066,666.67133,333.33

CapitalCapital, Beginning907,118.94466,223.55100,000.00Add: Net Income557,232.60440,895.39366,223.55Capital, Ending1,464,351.54907,118.94466,223.55

Total Liablities & Capital1,572,347.441,078,865.81701,830.680.00.00.0

224,640.00

Financial Ratio201720162015Liquidity ratioCurrent Ratio=Current AssetsCurrent Liabilities

=1508367.44953145.81514370.68107995.90105080.20102273.80

13.979.075.03

Acid- Test (Quick) ratio=Current Assets - InventoriesCurrent Liabilities

=1508367.44-61077953145.81-58785514370.68-56578107995.90105080.20102273.80

=1447290.44894360.81457792.68107995.90105080.20102273.80

13.408.514.48

Profitability Ratio

Gross Profit Margin= Gross Profit Net sales

=1283150.001116329.001231984.002645706.002440099.002246400.00

0.480.460.55

Operating Profit Margin= Operating Profit Net Sales

=708986.00542715.00438196.002645706.002440099.002246400.00

0.270.220.20

Net Profit Margin = Net Income Net Sales

=557232.60440895.39366223.552645706.002440099.002246400.00

0.210.180.16

Return on Investment = Net Income Average total Assets

=557232.60440895.39366223.552885156.811429781.15701830.68

0.190.310.52

Return on Equity Net Income Average Stockholder's Equity

=557232.60440895.39366223.552526878.331140230.72466223.55

0.220.390.79

Working Capital Ratio

Working Capital Current Assets - Current Liabilities

1508367.44 - 107995.9953145.81-105080.2514370.68 - 102273.8

1400371.54848065.61412096.88

Working Capital to Assets Working Capital Total Assets

1400371.54848065.61412096.881572347.441078865.81701830.68

0.890.790.59

Turnover Ratio

Accounts Receivables Turnover Net Sales Average accounts receivables

2645706.002440099.002246400.00583460.50356329.90224640.00

4.536.8510.00

Average Collection Period 360 days/Receivable turnover or accounts receivables/net sales/360

3603603604.536.8510.00

79.3952.5736.00

Inventory Turnover Cost of Goods Sold Average Merchandise Inventory

1362556.001323770.001231984.00138721.3387074.0056578.00

9.8215.2021.77

Average sale period365 daysInventory turnover

3653653659.8215.2021.77

37.1624.0116.76

Payable Turnover Net purchases average accounts payable

776799.00747642.00719578.00176430.03110743.1071957.80

4.406.7510.00

Total asset turnoverNet salesAverage Total assets

2645706.002440099.002246400.002885156.811429781.15701830.68

0.921.713.20

BreakevenSweet TubersBreak-even Analysis

SalesGross Profit

Less:Operating Expense