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    Financial Study F

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    FA Diana Garing
    The document summarizes a financial study conducted for a pan fried chicken business. The objectives were to determine total costs, identify financing sources, and provide financial statements. Total startup costs were ₱2,990. Initial capital of ₱3,000 was provided by student partners. If additional funds were needed, borrowing from friends was an option. Projected financial statements included an income statement projecting net income of ₱40,800, equity and cash flow statements, and a year-end balance sheet with total assets of ₱760,800.

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    Financial Study F

    Uploaded by

    FA Diana Garing
    39 views5 pages
    The document summarizes a financial study conducted for a pan fried chicken business. The objectives were to determine total costs, identify financing sources, and provide financial statements. Total startup costs were ₱2,990. Initial capital of ₱3,000 was provided by student partners. If additional funds were needed, borrowing from friends was an option. Projected financial statements included an income statement projecting net income of ₱40,800, equity and cash flow statements, and a year-end balance sheet with total assets of ₱760,800.

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    Marketing plan

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    Financial Study f

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    The document summarizes a financial study conducted for a pan fried chicken business. The objectives were to determine total costs, identify financing sources, and provide financial statements. Total startup costs were ₱2,990. Initial capital of ₱3,000 was provided by student partners. If additional funds were needed, borrowing from friends was an option. Projected financial statements included an income statement projecting net income of ₱40,800, equity and cash flow statements, and a year-end balance sheet with total assets of ₱760,800.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    39 views5 pages

    Financial Study F

    Uploaded by

    FA Diana Garing
    The document summarizes a financial study conducted for a pan fried chicken business. The objectives were to determine total costs, identify financing sources, and provide financial statements. Total startup costs were ₱2,990. Initial capital of ₱3,000 was provided by student partners. If additional funds were needed, borrowing from friends was an option. Projected financial statements included an income statement projecting net income of ₱40,800, equity and cash flow statements, and a year-end balance sheet with total assets of ₱760,800.

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    © All Rights Reserved
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    Download as docx, pdf, or txt
    of 5

    FINANCIAL STUDY

    Objectives of the study


    This study sought the following objectives:

     To determine the total cost of the product


     To identify all the sources of financing
     To state the financial statement of the operation and
    activities
    Total Project Cost
    It determines the total project cost of Pan Fried Chicken in
    opening the operation.
    Items Quantity Cost Total
    LPG 1 PhP600 PhP600
    Pan 1 PhP800 PhP800
    Stove 1 PhP500 PhP500
    Whisk 1 PhP60 PhP60
    Cup & Teaspoon 1 set PhP120 PhP120
    Plastic Container 1 set Php120 PhP120
    Bowl 2 PhP80 PhP160
    Chicken 1kg. PhP180 PhP180
    Hot cake complete 4 boxes PhP60 PhP240
    Bread crumbs 1 PhP26 PhP26
    Egg 4 PhP6 PhP24
    Liver spread 1 PhP20 PhP20
    Evaporated milk 2 PhP15 PhP30
    Condense milk 1 PhP26 PhP26
    All-purpose cream 1 PhP55 PhP55
    Margarine 1 PhP5 PhP5
    Tid bits 1 PhP14 PhP14
    Onion 1 PhP5 PhP5
    Garlic 1 PhP5 PhP5
    total PhP2,990

    Initial Capital
    The initial capital of Pan Fried Chicken is 3,000. It was used
    to start the operation, to buy raw material, machineries and
    equipment.
    Sources of Financing
    Short term/long term Financing
    The capital or the sources of financing is from the
    contribution of students whom are members of the study. Each of
    the contributed PhP750 to acquire PhP3, 000 to start the
    operation of Pan Fried Chicken.
    The sales of the latter operation will use for the next
    operation and so as for following operations.

    Alternative Sources
    If there are circumstances that the operation is out of
    fund the alternatives sources of financing for production is to
    borrow or loan to the savings of member’s circle of friends.

    Amount and terms of financing


    The table below shows the amount and terms of financing
    for the production of Pan Fried Chicken.

    Number of Production
    1st 2nd 3rd 4th 5th
    Amount PhP6,300 PhP7,850 PhP9,400 PhP10,950 PhP12,500

    Financial Statement
    Assumptions
    The following statements are the assumptions for the
    profit and expenses in the production and activities of Pan Fried
    Chicken.
    Projected Income Statement
    Pan Fried Chicken
    Statement of Comprehensive Income
    For the period ended December 31, 2019

    Net Sales Ᵽ2,004,000


    Cost of Goods Sold 1,512,000
    Gross Profit Ᵽ492,000
    Operational expenses
    Salaries expense (420,000)
    Utilities expense (31,200)
    Net Income Ᵽ 40, 800

    Projected Changes in Equity Statement


    Pan Fried Chicken
    Statement of Changes in Equity
    For the period ended December 31, 2019

    PFC, Partnership’s Equity, 1/1/2019 P 720,000


    Add: Profit 40,800
    Total P 760,800
    Less: withdrawals 0
    PFC, Partnership’s Equity, 12/31/2019 P 760,800

    Projected Cash Flow Statement


    Pan Fried Chicken
    Statement of Cash Flows
    For the period ended December 31, 2019

    Operating Activities
    Collection from sales P 2,004,000
    Payment to suppliers (1,543,200)
    Payment of salaries (420,000)
    Net Cash Flows from Operating Activities P 40,800

    Investing Activities
    Purchase of Equipment (2,600)
    Net Cash Flows from Investing Activities P (2,600)
    Financing Activities
    Owner’s contribution P 720,000
    Net Cash Flows from Financing Activities P 720,000
    Net Change in cash P 758,140
    Cash, Beginning
    Cash, End P 758,140

    Projected Balance Sheet


    Pan Fried Chicken
    Statement of Financial Position
    As of December 31, 2019

    Assets
    Current Assets
    Cash P 758,140
    Total Current Asset P 758,140
    Non-Current Assets
    Machinery & Equipment P 2,660
    Total Non-Current Asset P 2,660
    Total Assets P 760,800

    Liabilities & Equity


    PFC, Capital P 760,800
    Total Liabilities & Equity P 760,800

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