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    Orient

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    Ada Adeline
    The document summarizes the business development budget and projected financial statements for ABC Enterprises for 2019. It includes budgeted expenses for organizational expenses, physical plant, and working capital totaling ₱821,102. It also includes projected monthly statements of comprehensive income, cash flows, and cumulative cash flows for the year showing expected sales, costs, expenses, profits, and cash position.

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    Orient

    Uploaded by

    Ada Adeline
    40 views6 pages
    The document summarizes the business development budget and projected financial statements for ABC Enterprises for 2019. It includes budgeted expenses for organizational expenses, physical plant, and working capital totaling ₱821,102. It also includes projected monthly statements of comprehensive income, cash flows, and cumulative cash flows for the year showing expected sales, costs, expenses, profits, and cash position.

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    The document summarizes the business development budget and projected financial statements for ABC Enterprises for 2019. It includes budgeted expenses for organizational expenses, physical plant, and working capital totaling ₱821,102. It also includes projected monthly statements of comprehensive income, cash flows, and cumulative cash flows for the year showing expected sales, costs, expenses, profits, and cash position.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    40 views6 pages

    Orient

    Uploaded by

    Ada Adeline
    The document summarizes the business development budget and projected financial statements for ABC Enterprises for 2019. It includes budgeted expenses for organizational expenses, physical plant, and working capital totaling ₱821,102. It also includes projected monthly statements of comprehensive income, cash flows, and cumulative cash flows for the year showing expected sales, costs, expenses, profits, and cash position.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 6

    ABC ENTERPRISES

    Business Development Budget


    January 1, 2019

    Organizational Expenses
    Permits and Licenses ₱1,500
    Meetings 2,400
    Professional Fees 3,000
    Bond 100,000
    Grand Opening Expenses 12,862
    Sub-Total ₱119,762

    Physical Plant
    Rental Deposit 15,000
    Construction Costs 26,500
    Equipment 28,750
    Furniture and Fixtures 18,340
    Sub-Total ₱88,590

    Working Capital (3 months)


    Cost of Goods Sold 315,000
    Payroll 180,000
    Utilities Expense 48,900
    Transportation Expense 21,600
    Supplies Expense 19,800
    Rent 15,000
    Marketing Expenses 4,500
    Insurance Expense 4,200
    Repairs and Maintenance Expense 3,750
    Sub-Total ₱612,750

    Total ₱821,102
    ABC Enterprises
    Statement of Comprehensive Income
    For the Year Ended December 31, 2019

    January February March April May June July August


    Gross Sales
    Product A ₱155,000 ₱145,000 ₱170,500 ₱165,000 ₱170,500 ₱180,000 ₱186,000 ₱186,000
    Product B 105,710 98,890 105,710 102,300 105,710 102,300 105,710 105,710
    Product C 119,350 111,650 119,350 115,500 119,350 115,500 119,350 119,350
    Total 380,060 355,540 395,560 382,800 395,560 397,800 411,060 411,060

    Cost of Sales
    Product A 96,100 89,900 105,710 102,300 105,710 111,600 115,320 115,320
    Product B 63,426 59,334 63,426 61,380 63,426 61,380 63,426 63,426
    Product C 75,191 70,340 75,191 72,765 75,191 72,765 75,191 75,191
    Total 234,717 219,574 244,327 236,445 244,327 245,745 253,937 253,937

    Gross Operating Profit 145,344 135,967 151,234 146,355 151,234 152,055 157,124 157,124

    Operating Expenses
    Payroll 60,000 57,000 62,700 63,954 65,873 64,555 65,846 66,505
    Utilities 16,300 15,485 17,034 17,374 17,895 17,537 17,888 18,067
    Transportation 7,200 6,840 7,524 7,674 7,905 7,747 7,902 7,981
    Supplies 6,600 6,270 6,897 7,035 7,246 7,101 7,243 7,316
    Rent 5,000 4,750 5,225 5,330 5,489 5,380 5,487 5,542
    Marketing 1,500 1,425 1,568 1,599 1,647 1,614 1,646 1,663
    Insurance 1,400 1,330 1,463 1,492 1,537 1,506 1,536 1,552
    Repairs & Maint. 1,250 1,188 1,306 1,332 1,372 1,345 1,372 1,386
    Total 99,250 94,288 103,716 105,791 108,964 106,785 108,921 110,010

    Earnings Before Income


    Tax, Depreciation &
    Amortization 46,094 41,679 47,517 40,564 42,269 45,270 48,203 47,114

    Depreciation Expense 1,962 1,962 1,962 1,962 1,962 1,962 1,962 1,962
    Income Tax 0 0 0 0 0 0 0 0
    Amortization 0 0 0 0 0 0 0 0
    Total 1,962 1,962 1,962 1,962 1,962 1,962 1,962 1,962

    Net Income ₱44,131 ₱39,717 ₱45,555 ₱38,602 ₱40,307 ₱43,308 ₱46,241 ₱45,152

    GOP Rate 38.24% 38.24% 38.23% 38.23% 38.23% 38.22% 38.22% 38.22%
    Profit Rate 11.61% 11.17% 11.52% 10.08% 10.19% 10.89% 11.25% 10.98%
    1,131,160 1,176,160 1,219,920 1,250,670
    1.0398 1.0372 1.0252 1.0341
    September October November December Total

    ₱180,000 ₱193,750 ₱187,500 ₱201,500 ₱2,120,750


    102,300 105,710 102,300 105,710 1,248,060
    115,500 119,350 115,500 119,350 1,409,100
    397,800 418,810 405,300 426,560 4,777,910

    111,600 120,125 116,250 124,930 1,314,865


    61,380 63,426 61,380 63,426 748,836
    72,765 75,191 72,765 75,191 887,733
    245,745 258,742 250,395 263,547 2,951,434

    152,055 160,069 154,905 163,014 1,826,476

    65,175 65,826 64,510 67,735 769,679


    17,706 17,883 17,525 18,401 209,096
    7,821 7,899 7,741 8,128 92,361
    7,169 7,241 7,096 7,451 84,665
    5,431 5,486 5,376 5,645 64,140
    1,629 1,646 1,613 1,693 19,242
    1,521 1,536 1,505 1,580 17,959
    1,358 1,371 1,344 1,411 16,035
    107,810 108,888 106,710 112,046 1,273,177

    4.61%
    44,245 51,181 48,195 50,968 553,299 46,108 21.69

    1,962 1,962 1,962 1,962 23,545


    0 0 0 0 0
    0 0 0 0 0
    1,962 1,962 1,962 1,962 23,545

    ₱42,283 ₱49,219 ₱46,233 ₱49,006 ₱529,754

    38.22% 38.22% 38.22% 38.22% 38.23%


    10.63% 11.75% 11.41% 11.49% 11.09%
    ABC Enterprises
    Statement of Cashflow
    For the Year Ended December 31, 2019

    January February March April May June


    Cashflow from Operations
    Cash receipts from clients ₱380,060 ₱355,540 ₱395,560 ₱382,800 ₱395,560 ₱397,800
    Purchases of inventory -234,717 -219,574 -244,327 -236,445 -244,327
    Payroll -60,000 -57,000 -62,700 -63,954 -65,873 -64,555
    Utilities -16,300 -15,485 -17,034 -17,374 -17,895
    Transportation -7,200 -6,840 -7,524 -7,674 -7,905 -7,747
    Supplies -6,600 -6,270 -6,897 -7,035 -7,246 -7,101
    Rent -5,000 -4,750 -5,225 -5,330 -5,489 -5,380
    Marketing -1,500 -1,425 -1,568 -1,599 -1,647 -1,614
    Insurance -1,400 -1,330 -1,463 -1,492 -1,537 -1,506
    Repairs & Maint. -1,250 -1,188 -1,306 -1,332 -1,372 -1,345
    Total 297,110 25,721 73,819 33,024 50,672 46,331

    Cashflow from Investing Activities


    Initial Invesment ₱1,000,000
    Puchase of assets -103,590 0 0 0 0 0
    Organization costs -119,762 0 0 0 0 0
    Total 776,648 0 0 0 0 0

    Cashflow from Financing Activities


    None 0 0 0 0 0 0
    Total 0 0 0 0 0 0

    Net Cashflow 1,073,758 25,721 73,819 33,024 50,672 46,331

    Cumulative Cashflow ₱1,073,758 ₱1,099,479 ₱1,173,298 ₱1,206,321 ₱1,256,993 ₱1,303,324

    Cash ₱1,611,895
    Inventories 295,143
    1907037.95 103.635274 1943832.95 Assets
    Liabilities 18,401 87.5961241 18401 Liabilities
    1925431.95 Capital
    0.00955682 Debt-Equity Ratio
    July August September October November December

    ₱411,060 ₱411,060 ₱397,800 ₱418,810 ₱405,300 ₱426,560


    -245,745 -253,937 -253,937 -245,745 -258,742 -250,395
    -65,846 -66,505 -65,175 -65,826 -64,510 -67,735
    -17,537 -17,888 -18,067 -17,706 -17,883 -17,525
    -7,902 -7,981 -7,821 -7,899 -7,741 -8,128
    -7,243 -7,316 -7,169 -7,241 -7,096 -7,451
    -5,487 -5,542 -5,431 -5,486 -5,376 -5,645
    -1,646 -1,663 -1,629 -1,646 -1,613 -1,693
    -1,536 -1,552 -1,521 -1,536 -1,505 -1,580
    -1,372 -1,386 -1,358 -1,371 -1,344 -1,411
    56,745 47,292 35,692 64,354 39,491 64,996

    0 0 0 0 0 0
    0 0 0 0 0 0
    0 0 0 0 0 0

    0 0 0 0 0 0
    0 0 0 0 0 0

    56,745 47,292 35,692 64,354 39,491 64,996

    ₱1,360,069 ₱1,407,361 ₱1,443,054 ₱1,507,408 ₱1,546,899 ₱1,611,895

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