FINGERS N’ TREATS

(Business Proposal)

Members

Regino M. Honrado Jr.

Shann Angel O. Marcia

Jonathan A. Acupan

Timothy C. Manila

Ronel James E. Roxas

March 15, 2022

 TABLE OF CONTENTS

EXECUTIVE SUMMARY ………………………………………..………………………….. 4

VISION STATEMENT ……………………………………..………….………………….. 5

MISSION STATEMENT ……………………………………..………………….………... 5

GOALS & OBJECTIVES ……….……………………………..…….….………...…….. 5

KEYS TO SUCCESS ……….………………………………...……….…………...…….. 6

PRODUCTS AND SERVICES ……………………………………..……………………….. 7

OFFERINGS ……….………………….…………………….….…….…………...…….. 7

SOURCING ……….………………………………………..….…….…………...…….. 8

MARKET ANALYSIS & COMPETITION …………………………….…………………….. 8

MARKETING ANALYSIS ………………………………………….…………………….. 8

MARKETING SALES & PROJECTION ………………………………….……………... 8

SALES STRATEGY …………………………………………….…………………………. 9

PRODUCT CHARACTERISTIC ……………………………….………………………… 9

PRICING POLICY ………………………………..……………………………..……... 10

SALES PROJECTION ……………………………………….………..………………… 11

MARKET & INDUSTRY OVERVIEW ………………………………..…………………….. 12

TARGET MARKET …………………………………………….………..………….……. 13

COMPETITION ………………………………….……………………………………… 13
MARKETING STRATEGY ……………………………………………………..…………… 14

PROMOTION …………………………………………………………………………….. 15

SWOT ANALYSIS …………………………………………………………………………. 15

OWNERSHIP & MANAGEMENT …………………………………………………………... 16

COMPANY NAME ………………………………………………………………………. 16

ORGANIZATIONAL CHART …………………………………………………………….. 16

DUTIES & RESPONSIBILITIES …………………………………………………………..… 17

OWNERSHIP ……………………………………………………………………………… 17

COMPENSATION & INCENTIVES …………………………………………………...…. 17

FINANCIAL PLAN …………………………………………………………………………… 18

PRODUCTION COST …………………………………………………………………….. 18

MACHINERY & EQUIPMENT ……………………………………………………………. 18

RAW MATERIALS …………………………………………………………………………. 20

LABOR REQUIREMENTS ………………………………………………………………….. 21

START-UP SUMMARY …………………………………………………………………….. 21

FINANCIAL PROJECTION ……………………………………………………………….. 22

EXECUTIVE SUMMARY

The Fingers N’ Treats is a food booth that offers Filipino street food style and

service. Kwek-kwek, Fishball, Kikiam, Lumpiang gulay, and Dynamite are all on the

menu. There would be different kinds of refreshments like Palamig with different

flavors and sizes. Fingers N’ Treats will be offering different combo promos to allure

customers and catch their attention as well as to give deals and discounts.

The food booth is owned and operated by five (5) people, mainly Regino

M. Honrado Jr., Shann Angel O. Marcia, Jonathan A. Acupan, Ronel James E.

Roxas, and Timothy C. Manila. They will be assigned to different areas in

managing the business.

The Fingers N’ Treats is located in Bato, Palauig, Zambales, specifically in

front of Bato, Elementary School, in an old store. The location will require some

additional renovation to provide a better quality of service. The decoration of the

food booth will be simple but elegant; also, some tables and chairs will be used

to make the customers comfortable while eating.

Fingers N’ Treats will be promoted online by creating a Facebook page and

posting different products. Initial capitalization for the business is P1,250.00. This

includes spending on ingredients, decorations, and equipment.

VISION STATEMENT

Our vision is that Fingers N’ Treats will be the leading street food booth

providing clean and tasty street foods in Bato, Palauig, Zambales.

MISSION STATEMENT

Our mission is to provide clean, budget-friendly, tasty snacks in Bato,

Palauig, Zambales that will satisfy their cravings.

GOALS AND OBJECTIVES

The primary objectives of our business plan for the food booth are below:

 To be the premier Filipino Street food booth in Bato, Palauig,

Zambales.

 To provide quality meals at reasonable prices with exemplary

service.

 To promote the best Filipino street foods in the community.

 To satisfy customers’ needs and cravings when it comes to street

foods.

 To gain some experience that will help us to have more

knowledge in business that will benefit us to be successful

entrepreneurs.

 To establish a good and strong connection with our customers.

KEYS TO SUCCESS

GUIDING PRINCIPLES

1. Being mindful of our customers and our staff

Treating both customers and staff with respect by applying family

values and ethics.

2. Gratitude

“An attitude of gratitude” is shown to our customers, employees, and

vendors, because without their input, service, labor, and time, our business

would not be here without them.

3. Our service

Provide a warm and friendly service expected from a family-style

food booth by creating a casual, pleasant setting where consumers would

be satisfied and wish to return again and again.

4. The right people

Most small businesses rely on teamwork. As the business owner, you’ll

need to determine who to hire and who to fire. Try to hire employees who

have the skills for the job and reflect your company’s mission and values.
 5. Financial knowledge

Even with a great idea, team, and plan, your business success

depends on how well you can manage your business’s finances.

6. Product-market fit

If customers want and can afford what you’re selling, then you may

have found a good product-market fit: your product fits your target market.

Whether you’re selling a physical product, teaching a course online,

opening a restaurant, or providing a service, finding the best way to market

your offering is essential to success.

PRODUCTS AND SERVICES

Offerings

Fingers N’ Treats will offer a wide range of food options, including:

 Lumpiang Gulay  Fishball

 Dynamite  Kikiam

 Kwek-kwek

Fingers N’ Treats also offer refreshment options, including:

 Palamig

o Small o Large

o Medium
SOURCING

Fingers N’ Treats Food Booth plans to source its ingredients from local

suppliers and markets within Palauig and Iba area. We will ensure that the

ingredients we use are of the highest quality in order to provide delectable food

offerings. We plan to establish and foster positive working relationships with local

vendors that we partner with in the area to help ensure our inventory needs are

met in a cost-efficient manner.

MARKET ANALYSIS & COMPETITION

A. Market Analysis

B. Marketing and Sales Projection

Fingers N' Treats will benefit from a competitive and motivating campaign

aimed at increasing their exposure to the public. The focus will be on the

customer’s cravings at a variety of tasty Pinoy street foods. This content will be

communicated to target customers in various ways.

 a. Physical Store - Because the company is around ready-to-eat foods. It is not

appropriate to deliver it to a distant location. Customers are more likely to

notice a physical store. This may result in some long-term customers.

Furthermore, there is no shipping price while ordering in a physical store.

b. Social Media - Posting our business location on social media will attract

more customers from everywhere in the country. This will serve as a solid

stepping stone in establishing a successful business. Customers will be

notified about the street foods we are selling by posting the products and

their prices on a social media platform such as Facebook.

C. Sales Strategy

Customers are adventurous and have a passion to explore different foods

to taste. Ordering and purchasing street foods will be simple, engaging, and

enjoyable thanks to Fingers N' Treats' sales strategy. To do this, the company will

open a physical store with appealing energy and a welcoming environment

where customers can snack and chill. Customers will be notified via social media

if the actual store is open and available. The organization establishes the

customer's anticipation to order and satisfy their cravings using these sales

strategies.

D. Product Characteristic

Fingers N' Treats offers a number of competitive advantages that will be

explored to boost profits.

• Variety of Street Foods – Customers will be offered 6 different street foods that

they can order. There is Fishball, Kikiam, Dynamite, Kwke-kwek, Kamoteque, and

Lumpiang Gulay. It is also served with different kinds of sauce as per the

customer’s choice. The enterprise also offered refreshments that varied every

day.

• Location – Customers will be offered with welcoming environment that is

pleasant to eat and chill in. There is a set-up of tables and chairs for customers

who ordered the street foods products.

• Affordability – The enterprise offered inexpensive foods that can satisfy

customers’ cravings. Also, the enterprise’s goal is to have an affordable afternoon

snack that is available to all within the area.

A. Pricing Policy

Fingers N’ Treats will adopt prices based on the different variety of

street foods. The table below indicates the pricing plan that will be
adopted.

Price:
Street Foods Price (Php)
Fishball 1.00 / 2 pcs
Kikiam 1.00
Dynamite 5.00
Kwek-Kwek 10.00 / 3 pcs
Lumpiang Gulay 15.00 / 3 pcs
Small - 5.00
Palamig Medium - 10.00
Large - 20.00
MARKET AND INDUSTRY OVERVIEW

Street Food has been prevalent in the food industry ever since, with

increasing popularity as time goes on. There is a lot of street food nationwide, and

that number is expected to increase after this covid-19 pandemic. Our market

research has revealed to us those consumers in Brgy. Bato, Palauig want more

affordable food options, larger portion sizes, and a wider variety of street food

offerings at a single establishment. Being able to satisfy those factors, in

conjunction with the flexibility of our business hours, will help set us apart from the

competition.

Finger N' Treats is a stall-based enterprise at the Barangay Bato in Palauig,

Zambales (along the Amungan - Palauig-Banlod road). Managers of this business

promote their products via online means (i.e., posting neatly edited

advertisements on social media platforms such as Facebook). The management

also has a few connections that can help support and promote the business (e.g.,

friends and families).

Being a student-organized business, Finger N' Treats cannot facilitate

deliveries for a) the students' safety and b) a limited budget (not to mention - the

uprise in fuel prices).

Target Market

Our target buyers lived, walked through, and work along the street of Brgy.

Bato and surrounding areas within a 0.5-km radius. Our store is located along with

the main street and visible to passing people, tricycle drivers, and students. We

anticipate that 10- to 50-year-old patrons will make up 85% of our revenue.

Competition

Currently, there are 2 street food vendors currently selling in Brgy. Bato,

Palauig, Zambales. But due to the Covid 19- pandemic and the safety protocols

from the IATF, most of them retired from business and were bankrupt. This is a good

opportunity to start since a vaccine for Covid - 19 is on the world market and soon

businesses would start to open together with the schools and different

establishments.

Marketing Strategy

Our marketing strategy is to create cheap and affordable combo meals

with rice like “lumpia with rice, Kwek-kwek with rice, Fishball and kikiam with rice

and other fried street foods with rice meals”. We would also like to attract many

customers by providing free Wi-Fi so as they are waiting for their orders they will

not be bored.

Fingers N’ Treats Food Booth also plans to reach new and existing customers

through social media and flyers. Our prices will be lower compared to our direct
competitors, and we will also provide larger portions while maintaining

profitability. Furthermore, we can keep our prices lower due to sourcing

ingredients from our known and well-trusted suppliers

Promotion

We are planning to hand out and hang up flyers in high-traffic areas during

the first few months of operation. We also plan to utilize different social media

platforms like creating a Facebook page, Instagram and enrolling it in the local

market social media site and provide free delivery service for orders within the

area for people who are busy and have less time to spare.

SWOT Analysis

Helpful Harmful

 No solid standing in the

 Fair and sensible prices business yet
 A wide variety of food  No option for deliveries
Internal

options (something which other

 Fresh consumers prefer during
 Provides online this pandemic)
promotions/advertisements  The mode for transactions is
physical
External

 The area of interest is  There are a couple of other

populated; people seeking food stalls around the
recreation gather there target area
Strengths

 Location

 Easy access

 Fast service

 Large portions

 Wide variety of offerings

 High quality

 Fresh ingredients

Weaknesses

 Constricted seating area

 Lack of brand recognition

 Decrease in the numbers of passerby during the rainy season

Opportunities

 High-traffic area for commuters, students and workers employed in the

local area

 Partner with local suppliers within the area.

 Cheaper affordable and clean street food

Threats

 Existing food street food vendor who will adapt to the same marketing

strategy

 New food vendors entering the market and increasing competition

OWNERSHIP AND MANAGEMENT

A. Company Name: FINGERS N’ TREATS

B. Logo:

C. Address: Bato, Palauig, Zambales

D. Vision Statement: FINGERS N’ TREATS will be the leading street food

restaurant providing clean and tasty street foods in Bato, Palauig.

E. Mission Statement: FINGERS N’ TREATS is to provide clean, budget friendly,

tasty snacks in Bato, Palauig that satisfy their cravings.

F. Key Personnel: Owner/Cook

G. Workforce and Support Personnel: Cashier, Assistant Cook/Helper

H. Organization Chart:

OWNER/COOK

ASSISTANT COOK/HELPER

CASHIER
 Duties and Responsibilities:

1. Owner/Cook – He/she oversees supervising and managing the

business. He/she is held accountable and liable for all business

decisions and activities. He/she is the company's executive

chef.

2. Assistant Cook/ Helper – He or she oversees inspecting the food

and assisting in the preparation of the food for sale.

3. Cashier – He/she accepts the payment and hands over the

change to the customer.

I. Ownership: Sole Proprietorship

J. Capitalization: ₱1,250

K. Compensation and Incentives:

Employees’ Salaries:

Cashier – ₱50 (a day). (₱250 a week)

Assistant Cook/Helper – ₱80 (a day). (₱400 a week)

Incentives:

Cash Bonus

13th month pay

L. External Management Support: Parents

FINANCIAL PLAN

Production Cost

Production cost refers to the cost incurred by a business when

manufacturing a good or providing a service. Production costs include a variety

of expenses including machinery and equipment, raw materials, consumable

manufacturing supplies, indirect materials, labor.

Machinery and Equipment

The machinery and equipment used in the production of Fingers N’ Treats

is shown below. It includes the quantity, unit cost, and the total cost of each item.

Table 1. Machineries and Equipment

Items Quantity Cost

LPG tank 1 800
Gas Stove 1 1200
(double
burner)
Non-stick 2 500
frying pan
Casserole 1 200
Food tray with 4 360
cover
Juice 1 160
container
Total 3220
Table 2. Kitchen Supplies

Item Quantity Cost

Service Tong 2 80
Knife set 1 180
Chopping 1 60
board
Mixing bowl 2 200
Oil strainer 2 60
Total 580

Table 3. Cleaning Supplies

Item Quantity Cost

Kitchen towel 2 70
All purpose 100 175
rags
Garbage bag 3 20
Trash can 1 100
Total 365

Table 4. Office Supplies

Item Quantity Cost

Record book 1 20
Ball pen 5 50
Calculator 1 70
Total 140
Raw Materials

Raw materials are the resources used by the company to produce its

finished goods and products. Fingers N’ Treats’ raw materials can be easily found

in the market including fish, lumpia wrappers, chili, carrots, seasonings, quail eggs,

flour, cornstarch, sugar, cassava, togue, sayote, Baguio beans, oil, etc. The Fingers

N’ Treats’ are shown below including its quantity, unit cost, and total cost as well.

Table 5. Raw Materials

Ingredients Quantity Unit Cost Total Cost

Fish ball 1kg P50/kg 50

Kikiam 1kg P45/0.5kg 90
Fish 1kg P180/kg 180
Lumpia wrapper 3 packs (est. 15pcs/pack) P10/pack 30
Chili 250g P60/kg 15
Carrots 750g P100/kg 75
Garlic 50g P55/kg 5
Onion 50g P55/kg 5
Quail eggs 40 pcs P70/50pcs 56
Flour 600g P40/kg 24
Cornstarch 125g P60/kg 8
Salt 3g P10/pack 10
All in one seasoning 5g P5/sachet 5
Sugar 1kg P50/kg 50
Cassava 1kg P40/kg 40
Togue 2 packs P10/pack 20
Sayote 2 pcs (750g) P30/kg 23
Baguio beans 600g P80/kg 48
Cooking Oil 1L P145/1.5L 97
Sticks 2bundle P15/50pcs 30
Disposable paper 15pcs P40/50pcs 12
cups
Paper plate tray 1 pack (40pcs) P24/pack 24
Juice powder 1pack P60/pack 60
Total 957
Labor Requirements
Manufacturing of Fingers N’ Treats needs employees to handle the

business. These labor requirements are shown in the table below.

Table 6. Labor Requirements

Employee No. of Daily Salary Monthly Annual

Employees (Php) Salary (Php) Salary (Php)
Cashier 1 50 1000 12,000

Assistant 1 80 1,600 19,200

Cook/Helper

Total 2 130 2,600 31,200

A. Start–up Summary

Expenses Cost 13,383 – Total Qty. Year 1

/ Month
Machineries and 3,220 3,220 3,220
Equipment
Utilities (water) 300 300 3600
Kitchen Supplies 580 580 580
Cleaning Supplies 365 365 4,380
Office Supplies 140 140 140
Raw Materials 957 19,140 229,680
Labor 2,600 2,600 31,200
Permit and 100 100 100
Licenses
Total 26,445 272,900

Table 7 (Start-up Summary)

Notes:
*Total quantity per month is based from the sales projection.
*Add all the salaries of the employees to get the Labor cost.
*Machineries and Equipment, utilities, kitchen supplies, cleaning supplies, office
supplies, raw materials, permit and license are based on their actual cost.
Formula used:
*Raw materials’ cost x 20(days/month)
*Since registered resources are enough for a day, 957 x 5(days/week) x
4(weeks/month)=19,140
For year 1:
*Total Qty./month multiply by 12 (except machineries and equipment, kitchen
supplies, office supplies, and permit and license)
300 x 12 = 3,600
365 x 12 = 4,380
19,140 x 12 = 229,680
2,600 x 12 = 31,200

B. Financial Projection

FINGERS N’ TREATS
PROJECTED INCOME STATEMENT FROM YEARS 1-5
Year 1 Year 2 Year 3 Year 4 Year 5
Revenues 302,448 332,693 365,962 402,558 442,814
Cost of Goods 260,880 286,968 315,665 347,231 381,954
Sold
Materials 229,680 252,648 277,913 305,704 336,275
Labor 31,200 34,320 37,752 41,527 45,680
Gross Profit 41,568 45,725 50,297 55,327 60,860
Expenses 8,800 9,670 10,627 11,680 12,838
Utilities (water) 3,600 3,960 4,356 4,792 5,271
Kitchen Supplies 580 638 702 772 849
Cleaning Supplies 4,380 4,818 5,300 5,830 6,413
Office Supplies 140 154 169 186 205
Permit and 100 100 100 100 100
Licenses
Income before 32,768 36,055 39,670 43,647 48,022
Interest and Taxes
Tax 10,486 11,535 12,689 13,958 15,354
Net Income 22,282 24,520 26,981 29,689 32,668

Table 8 (Financial Projections – Income Statement)

Note:
Income Statement – is a financial statement that shows you how profitable your
business will be within a given period.
*Revenues from total sales projection table-Year 1 Sales in Peso
*Cost of goods sold from start-up summary table, all the materials cost needed
in production of goods like ingredients and labor.
*Gross profit is equal to Revenues less Cost of Goods Sold.
*Expenses include all the expenses that are not included in cost of goods sold
like utilities, kitchen supplies, cleaning supplies, office supplies, and permit and
licenses.
*Income before Interest and Taxes = Gross profit - expenses.
*Tax = 32% (tax rate) of Income before Interest and Taxes
E.g. 32,768 x .32 = 10,486
*Net Income = Income before Interest and Tax less Tax
*The same procedure is applied to compute for years 2-5
*Cost of goods sold and expenses is multiplied 10% increase per year to get the
amount for years 2-5 (except for permit and licenses)

FINGERS N’ TREATS
PROJECTED CASH FLOW FROM YEARS 1-5
Year 1 Year 2 Year 3 Year 4 Year 5
Beginning Balance 26,445 45,507 64,750 83,604 102,143
Cash Inflows (Income)
Cash Sales 302,448 336,693 365,975 402,565 442,832
Total Cash Inflows 328,893 382,200 430,725 486,169 544,975
Cash Outflows
Materials 229,680 252,648 277,913 305,704 336,275
Machineries and 3,220 3,542 3,896 4,286 4,715
Equipment
Labor 31,200 34,320 37,752 41,527 45,680
Utilities 3,600 3,960 4,356 4,792 5,271
Kitchen Supplies 580 638 702 772 849
Cleaning Supplies 4,380 4,818 5,300 5,830 6,413
Office supplies 140 154 169 186 205
Permit and License 100 100 100 100 100
Owner’s Withdrawal 10,486 17,270 16,933 20,829 26,799
Total Cash Outflows 283,386 317,450 347,121 384,026 426,307
Ending Cash Balance 45,507 64,750 83,604 102,143 118,668

Table 9 (Financial Projections – Cash Flow)

Note:
*Cash flow – this financial statement shows the flow of cash (inflow and outflow).
*Beginning balance for the year 1 is based on start-up summary total qty, per
month. For the years 2-5, the ending cash balance of the preceding year will be
the beginning balance for the current year.
*Cash sales are based on the sales projection table from the total sales in peso
per year.
*Total cash inflows = Beginning year + cash sales plus + cash inflows.
*Total Cash outflow = Expenses plus Payable and withdrawal. 10% increase per
year is used to get the amount for years 2-5 (except for permit and licenses)
*Owner’s Withdrawal is projected amount only.
*Ending Cash Balance = Total Cash Inflows - Total Cash Outflows.
E.g. in Year 1
328,893 – 283,386 = 45,507

FINGERS N’ TREATS
Projected Balanced Sheet
Year 1 Year 2 Year 3 Year 4 Year 5
ASSETS
Current Asset
Cash at Hand 22,282 24,520 26,981 29,689 32,668
Total Current Asset 22,282 24,520 26,981 29,689 32,668
Fixed Assets
Total Fixed Assets
Total Assets 22,282 24,520 26,981 29,689 32,668
LIABILITIES AND
EQUITY
Current Liabilities
Income Tax 10,486 11,535 12,689 13,958 15,354
Payable
Short-term Payables
Total Current 10,486 11,535 12,689 13,958 15,354
Liabilities
Total Liabilities 10,486 11,535 12,689 13,958 15,354
Capital 26,445
Add: Net profit 22,282 24,520 26,981 29,689 32,668
Less: Drawings 10,486 11,535 12,689 13,958 15,354
Net Capital 11,796 12,985 14,292 15,731 17,314
Total Liabilities and 22,282 24,520 26,981 29,689 32,668
Equity

Table 10 (Sales Projections – Balanced Sheet)

Note:
*Balanced Sheet – the financial statement that reports a company’s assets,
liabilities, and owner’s equity within a given period.
*In Balanced Sheet the Total Assets must be equal to Total Liabilities and Equity.
*Assets and Liabilities consist of current and non-current.
*Current assets are cash and other assets converted to cash within a year while
non-current assets are cash and other assets that will not be realized or
converted within a year.
*Current liabilities are liabilities or short-term financial obligations that are due
within a year while non-current liabilities are long-term financial obligations that
the due is more than a year
*Cash at hand is based on Net Income.
*Income tax payable= 32% (tax rate) of Income before interest and taxes.
*Capital is based on the cost per month in start-up summary table.
*Drawings – total drawings for the period
*Net Capital = Capital Beginning + Net Profit – Drawings
*Total Liabilities and Equity = Total Liabilities + Net Capital
 BUSINESS COSTING DURING THE TWO WEEKS OF IMPLEMENTATION
MAY 2,2022 - MAY 13, 2022
FINANCIAL STATEMENT

THE PROJECTED FINANCIAL FORECASTS AND EXPECTED RETURNS, RISKS,

AND CONTINGENCIES

A. Start-up Cost Requirement

Capital = P1, 250.00

Equipment P245.00

Raw Materials P885.00

Other Expenses P120.00

Total P1,250.00

B. Sales Projection (Daily for Dry Run and 5 Days Business Simulation)

WEEK 1
DAY 5
DAY 1 DAY 2 DAY 3 DAY 4
(MAY 6,
(MAY 2, 2022) (MAY 3, 2022) (MAY 4, 2022) (MAY 5, 2022)
2022)
Purchase
of Raw 885 151 80 490 132
Materials
Sales 458 463 272 615 378

Gross
0 312 192 125 246
Profit
 WEEK 2
DAY 1 DAY 4 DAY 5
DAY 2 DAY 3
(MAY 9, (MAY 12, (MAY 13,
(MAY 10, 2022) (MAY 11, 2022)
2022) 2022) 2022)
Purchase
of Raw 375 78 185 237 94
Materials
Sales 764 265 342 483 287

Gross
282 187 157 246 193
Profit

RETURN ON SALES = 0perating Profit/ Net Sales * 100

ROS = 3,233 / 6,315 * 100

ROS = 51.20%

RETURN ON ASSETS = Net Income/ Average Total Assets * 100

ROA = 2,983 / 4,233 * 100

ROA = 70.47%

RETURN ON OWNER’S EQUITY = Net Income/ Owner Equity * 100

ROE = 2,983 / 4,233 * 100

ROE = 70.47%
C. Projected Financial Statements

Finger’s and Treats

Statement of Comprehensive Income

Net Sales P6,315.00

Less: Cost of Goods Sold 3,082.00

Gross Profit P3,233.00

Less: Operating Expenses

Transportation Cost P 250.00

Net Income P2,983.00

Finger’s and Treats

Statement of Changes in Equity

Capital, Beginning P 0.00

Add: Capital, Contribution 1,250.00

Net Income 2,983.00

Capital, Ending P4,233.00

 Finger’s and Treats
Statement of Financial Position

ASSETS

Cash P2,983.00

Equipment 245.00
Raw Materials 885.00

TOTAL ASSETS P4,233.00

LIABILITIES AND EQUITY

Liabilities

Accounts Payable P 0.00

Equity
Owner’s Capital P1,250.00

Earned Revenue 2,983.00

TOTAL LIABILITIES AND EQUITY P4,233.00

 Finger’s and Treats
Statement of Cash Flow
For the month ended May 13, 2022

CASH FLOWS FROM OPERATING ACTIVITIES

Cash received from customers P6,315.00

Cash received from creditors 0.00

Cash used to pay for Creditor’s Account (0.00)

Cash used to pay for expenses (120.00)

Net Cash generated from operating activities P2,983.00

CASH FLOWS FROM FINANCING ACTIVITIES

Cash received from owners P1,250.00

Net Cash generated from operating activities P2,983.00

Net Increased in cash P4,233.00

Add: Cash, Beginning 0.00

Cash P4,233.00
HISTORY OF CASH:

WEEK 1
Day 1
¼ green pepper 20
2 packs togue 20
½ gulay sari 30
3 packs wrapper 30
1L cooking oil 175
1L cane vinegar 32
1kl flour 45
2 packs atsuete 10
50pcs egg quails 75
Cheese 48
1kl fishball 50
1kl kikiam 84
¼ onions 20
¼ garlic 20
Sticks 14
Plastic cups 16oz 37
12oz 23
Oyster sauce 22
Palamig 115

Total: 885.00

Day 2
3 packs togue 30
1kl gulay sari 60
4 packs wrapper 40
Oyster sauce 21

Total: 151.00

Day 3
¼ cooking oil 38
Ketchup 22
2 packs wrapper 20

Total: 80.00

Day 4
2 packs togue 20
½ gulay sari 30
3 packs wrapper 30
1L cooking oil 173
1L cane vinegar 32
1kl flour 45
 1kl fishball 50
¼ onions 20
¼ garlic 20
Oyster sauce 22

Total: 490.00

Day 5
2 packs togue 20
1kl gulay sari 60
3 packs wrapper 30
Oyster sauce 22

Total: 132.00

WEEK 2

Day 1
2 packs togue 20
½ gulay sari 30
3 packs wrapper 30
1L cooking oil 175
1L cane vinegar 32
¼ onions 20
¼ garlic 20
Sticks 14
Plastic cups 16oz 37
12oz 23
Oyster sauce 22

Total: 375.00

Day 2
2 packs togue 18
½ gulay sari 30
3 packs wrapper 30

Total: 78.00

Day 2
2 packs togue 20
½ gulay sari 30
3 packs wrapper 30
1L cooking oil 175
1L cane vinegar 32
¼ onions 20
¼ garlic 20
 Sticks 14
Plastic cups 16oz 37
12oz 23
Oyster sauce 22

Total: 375.00

Day 3
3 packs togue 30
1kl gulay sari 60
5 packs wrapper 50
Oyster sauce 44

Total: 185.00

Day 4
2 packs togue 20
½ gulay sari 30
3 packs wrapper 30
1kl fishball 50
1kl kikiam 84
Oyster sauce 22

Total: 237.00

Day 5
3 packs togue 34
½ gulay sari 30
3 packs wrapper 30

Total: 94.00