Beruflich Dokumente
Kultur Dokumente
Financial Aspect
In Partial Fulfillment
By:
Corrales, Jeremy
Miras, Jamaica
January 2020
1.0 TOTAL PROJECT COST
CAPITAL EXPENDITURES
Construction of customized build out, including kitchen Php 2,750,000
Cost of Repair 30,000
Interior Finishes and Equipment 410,000
Exterior Finishes 76,500
Restaurant tables and furniture 680,000
Table wear, utensils, dishes, kitchen, and bar equipment 1,360,000
Initial supply of food and beverages 2,204,000
Total Capital Expenditures Php 7,510,500
PRE-OPERATING EXPENSES
Training cost 163,850
Personal Financial Specialist 169,000
Organization Cost 255,000
Total of Pre-operating Expenses Php 587,850
Furnitures
& Fixtures
Interior &
Exterior
Finishes
Rental (70% paid in advanced charge to overhead expense and 30% charge
to administrative expense)
Overhead Expense from 1,003,500 to 1,255,500
Administrative Expense from Php 192,000 to 300,000
Book Year 1 Year 2 Year 3 Year 4 Year 5
Value 5% 10% 10% 10% 10%
Repairs and 350,000 367,5000 404,250 444,675 489,142.5 538.056.75
Maintenance
Operating Expense Php 3,859,000
Depreciation Year 1 Year 2 Year 3 Year 4 Year 5
10% 10% 10% 10% 10%
Equipments
Furnitures
& Fixtures
Interior &
Exterior
Finishes
35% tax on the net income Php 1,347,097.5
Long-term Earning Year 1 Year 2 Year 3 Year 4 Year 5
investment Dividends
Common 10%
Stock
Preferred 10%
Stock
Bonds 10%
Repurchase
of bonds
payable
Cash 10%
surrender
value
Dividend Payment (the company shall start paying cash dividends in the
amount of * to stockholders on the second year of the operations
IVAKA RESTAURANT
Projected Statement of Cash Flows
For the 5 Years Projection
Cash on Hand Php 100,000.00 Php 100,000.00 Php 100,000.00 Php 100,000.00 Php 100,000.00 Php 100,000.00
Cash in Bank 3,711,800.00 28,998,162.35 48,400,674.44 70,034,288.77 93,963,819.47 120,419,207.98
Total Php 3,811,800.00 Php 29,098,162.35 Php 48,500,674.44 Php 70,134,288.77 Php 94,063,819.47 Php 120,519,207.98
C. BALANCE SHEET
IVAKA RESTAURANT
Balance Sheet
Cash
Long-Term inventory
Inventory in stock
Fixed Assets
Construction of customized
Other Asset
Total Asset
Current Liabilities
Total Liabilities
Capital Stock
Retained Earnings
Stockholder’s equity
D. STATEMENT OF REAINED EARNINGS
Retained Earnings, Beginning
ADD: Net Income For The Year
TOTAL
LESS: Dividend Payment
Retained Earnings, Ending
Less: Cost of
Service
Beginning Inventory
ADD: Purchases
Less: Ending
Inventory
Cost of Supplies
Used
Direct Labor
Factory Overhead:
Indirect Labor
Depreciations for
Tools & Machine
Rental Expenses
Utilities Expense
Fuel Expense
Payroll taxes
Repairs and
Maintenance
Amortization of
Building
Improvement
Amortizan of Pre-
operating expenses
Total Cost of
Service Provided
Gross Income
Operating
Expenses:
Supplies
Utilities Expense
Bad debts Expense
Salaries & Wages
Advertising
Expenses
Payroll taxes
Taxes & Licenses
Rental Expenses
Depreciation
Furnitures &
Fixtures
Depreciation
Equipment
Depreciation
Interior & Exterior
Finishes
Net Income from
operations
Other Income &
Expenses:
Dividend
Income
Interest
Expense
Net Income before
tax
Income tax
Net Income