Raw materials unit needed

1 Soldering lead 500 roll

2 Soldering paste 100pcs
3 audio jack 5040pcs
4 audio slot 20160pcs
5 shielded wire 2520 m
6 shrinkable tube 840meter
7 Thin Copper Wire 5000meter
8 Acrylic sheet 2500square feet
10 sticker 50 roll

Utilities For whole building

1 Electricity
2 Water
3 Telephone and internet
TOTAL

Machineries, tool, and equipment

1 soldering gun 10pcs
2 soldering stand 10pcs
3 soldering suction 10pcs
4 tester 10pcs
5 acrylic cutter 20pcs
6 wire cutter 10pcs
7 blower 10pcs
8

Production
1 Racks 3
2 fire extinguisher 2
3 flouresent led 13
4 led bulb 4
5 industrial fan 2

Office Equipment
1 Computers 6
2 Cabinet 4
3 Monoblock chair 8
4 Tables 4
5 Swivel Chairs 6
6 Aircon 1
7 Office supplies
8 Repairs and maintenance
9 Printer

Salaries
1 general managers 1
2 H.R supervisor 1
3 accounting supervisor 1
4 marketing supervisor 1
5 sales supervisor 1
6 production supervisor 1
7 office staff 8
8 technician 5
9 assembler 10
10 designer 5
11 cashier 1
12 sales person 2

Rent
1 Building
leasehold improvement

Business tax and other fees

1 DTI
2 SEC

4 Mayor's Permit
5 Barangay's permt
 Advertising/Marketing expense
1 posters
2 websites
 cost total
50 25,000
50 5,000
5 25,200
4.75 95,760
10 25,200
10 8,400
4 20,000
50 125,000
350 17,500
TOTAL 347,060

Monthly Yearly
17,360 208,320
3,000 36,000
1899 22,788
22,259 267,108

800 8,000
1000 10,000
100 1,000
500 5,000
100 2,000
150 1,500
200 2,000
29,500

5500 16,500
3000 6,000
300 3,900
150 600
 6600 13,200
40,200

10900 65,400
3669 14,676
248 1,984
3056 12,224
900 5,400
6999 6,999
40,000
50,000
13,000
209,683

22,100 22,100
15,600 15,600
15,600 15,600
15,600 15,600
15,600 15,600
15,600 15,600
12,785 102,280
12,785 63,925
12,785 127,850
13,520 67,600
10,400 10,400
10,400 20,800
492,955

45,000.00 per month

250,000.00 569,883.00

QUARTERLY YEARLY
500 2,000
500 2,000
3 BIR
20,000 80,000
30 120
total 21,030 84,120
 84,120

36,000
2,400
total 38,400
2,665 10,660
 AUDIO FLIP

Projected Statement of Financial Position

As of Dec 31, 20x1- Dec 31, 20x2
(In Philippine Peso) 1st Year 2nd Year 3rd Year % Year 2 % Year 3 INCREASE 1st year
ASSETS
CURRENT ASSETS
Cash 291,688 621,152 1,156,944 127% 184%
Trade and Other Receivables 250,000 275,000 302,500 10% 10% 25,000
Inventories 109,253 120,178 132,196 10% 10% 10,925
Office and Store supplies 345 352 352 2% 0%
Total Current Asset 651,286 1,016,681 1,592,491
NONCURRENT ASSETS
Property, Plant and Equipment 515,296 515,296 515,296 0% 0%
Accumulated Depreciation (52,059) (104,118) (156,177) 100% 50%
Total Noncurrent Assets 463,237 411,178 359,119

TOTAL ASSETS 1,114,523 1,428,041 1,951,499 28% 37%

LIABILITIES AND EQUITY
CURRENT LIABILITIES
Trade and Other Payables 48,963 53,859 59,245 10% 10% 4,896
TOTAL LIABILITIES 48,963 53,859 59,245

EQUITY
Partnership's Capital 950,000 1,065,560 1,374,182
Net Income before tax 115,560 308,621 518,072 167% 68%
TOTAL EQUITY 1,065,560 1,374,182 1,892,254

TOTAL LIABILITIES AND EQUITY 1,114,523 1,428,040 1,951,499 28% 37%

(See Accompanying Notes to Financial Statements)
-
-
Increase 2nd year

27,500
12,018

5,386
 AUDIO FLIP
Projected Statemen of Cash flow
For the year ended Dec 31, 20x1- Dec 31 20x3

(In Philippine Peso) 1st year 2nd year 3rd year

CASH FLOWS FROM OPERATING ACTIVITIES

Income/(Loss) for the Year 115,560 308,621 518,072
(Increase)/Decrease in Accounts Receivable (250,000) (25,000) (27,500)
(Increase)/Decrease in Inventory (109,253) (10,925) (12,018)
(Increase)/Decrease in O and S supplies (345) (188) (207)
Depreciation 52,059 52,059 52,059
Increase/(Decrease) in Accounts Payable 48,963 4,896 5,386
Net Cash Provided by/(Used in) Operating Activities (143,016) 329,463 535,792

CASH FLOWS FROM INVESTING ACTIVITY

Acquisition of Property and Equipment (515,296) - -
Net Cash Used in Investing Activities (515,296) - -

CASH FLOWS FROM FINANCING ACTIVITIES

Capital Investment 950,000 - -
Net Cash Provided by/(Used in) Financing Activities 950,000

NET INCREASE/(DECREASE) IN CASH 291,688 329,463 535,792

Cash, Beginning - 291,688 621,152
Cash, Ending 291,688 621,152 1,156,944
(See Accompanying Notes to Financial Statement)
 Audio Flip
Projected Income Statement
For the year ended Dec 31, 20x1- Dec 31, 20x3

(In Philippine Peso) 1st Year 2nd year 3rd year

Sales 5,000,000 5,500,000 6,050,000

Net Sales 5,000,000 5,500,000 6,050,000
Cost of Goods Sold
Beginning Inventory - 109,253 120,178
Finished goods 2,185,053 2,294,305 2,523,736
Total Goods Available For Sale 2,185,053 2,403,558 2,643,914
Merchandise Inventory, End 109,253 2,075,800 120,178 2,283,380 132,196 2,511,718
GROSS PROFIT 2,924,200 3,216,620 3,538,282
OPERATING EXPENSES:
Salary Expense 1,811,280 1,811,280 1,811,280
Advertising Expense 50,000 50,000 50,000
Utilities Expense 204,000 224,400 246,840
Depreciation Expense 52,059 52,059 52,059
Rent Expense 540,000 540,000 540,000
Office and Store Supplies 17,655 17,993 18,000
OTHER INCOME/ (EXPENSES)
Business Tax and Fees 84,120 80,000 80,000
Total Operating Costs 2,759,114 2,775,732 2,798,179
INCOME/(LOSS) Before Tax 165,086 440,888 740,103
INCOME TAX EXPENSE 49,526 132,266 222,031
NET INCOME 115,560 308,621 518,072
(See Accompanying Notes to Financial Statement)
299,216
Payback Period -
Return on investment
52,059
 % %

10% 10%

1st 0% 10% 250,000.00

250,000 Receivalbes
10% 10%
10% 10%

0% 0%
0% 0%
0% 0%
0% 0%
0% 0%
0% 0%

0% 0%
2% 0%

#REF! ###
167% 68%
52,059

O and S Supplies
345
18,000
18,345 0.9808333333
17,993
352
18,000
18,352
18,000
352
 Financial Ratios
20x1 20x2 20x3
Profit Margin 115,560 308,621 518,072
5,950,000 5,950,000 5,950,000
2% 5% 9%

Return on Investment 115,560 308,621 518,072

950,000 950,000 950,000
0.12 0.32 0.55

Return on Total Asset 5,950,000 5,950,000 5,950,000

1,164,049 1,609,833 2,355,322
5.11 3.70 2.53

Return on Equity 5,950,000 5,950,000 5,950,000

1,115,086 1,555,974 2,296,077
5.34 3.82 2.59

\
 Audio Flip
Projected Statement of Changes in Partners' Equity
For the year ended Dec 31, 20x1- Dec 31 20x3
Esmeralda Ventura Reyes Crucis Rose Reyes
Capital balances, Jan 1 20x1 - - - - - -
Addt'l Investments 190,000 190,000 95,000 95,000 95,000 95,000
Net Income Allocation:
20x1 23,112 23,112 11,556 11,556 11,556 11,556
20x2 61,724 61,724 30,862 30,862 30,862 30,862
20x3 103,614 103,614 51,807 51,807 51,807 51,807
Total 188,451 188,451 94,225 94,225 94,225 94,225
Less Withdrawals - - - - - -
Capital balances, Dec 31 20x3 188,451 188,451 94,225 94,225 94,225 94,225

115,560
308,621
518,072
 Tamis Mondanza
- -
95,000 95,000

11,556 11,556
30,862 30,862
51,807 51,807
94,225 94,225
- -
94,225 94,225
 PRODUCTION COST
raw materials 870,000
salary expense 1,174,800
11,000
Depreciation L.I 20,000
2,075,800

leasehold improvement 200,000

office equipment 91,000
office supplies 17,655
store equipment 28,000
furniture and fixtures 61,296

OPERATING COST/EXPENSES
utilities expense 204,000
rent expense (production storage and office) 360,000
rent expense (store) 15,000
salary expense(store) 288,000
salary expense(admin office) 1,386,000
advertising expenses 50,000
FnF dep 12,259
Store equip 5,600
Dep Officequip 18,200

2,339,059
 979,253 48962.65

machineries tools and equipment 55,000

10
5

5 18,000
5
435,296

180000
540,000
1,674,000
Payables 1st year

120,178 end inven

132,196

957,000
1,077,178 raw mat purchased
53,859 payables 2nd year

1,052,700
132,196
1,184,896
59,245 payables 3rd year
 AUDIO FLIP
CVP ANALYSIS
In Philippine Peso
10,000 units sold Based on sales Based on Cost
Year 1 /Unit % %
Sales 5,000,000 250 100% 141%
Variable Cost 2,075,800 103.79 42% 100%
Contribution Margin 2,924,200 146 58% 41%
Fixed cost 2,399,059
Net Profit before Tax 525,141

BREAKEVEN SALES 4,102,078

BREAKEVEN UNITS 16,408
MARGIN OF SAFETY 897,922

units sold
20,000.0
 Per unit %
BREAKDOWN OF COST
Raw materials 870,000 43.50 0.42
Salary 1,174,800 58.74 0.57
Dep Machines 11,000 0.55 0.01
Dep Leasehold 20,000 1.0 0.01
2,075,800 103.79