Dress Shop

Name of the Enterprise The moving in conjure up trade union moves all(prenominal)ow display a wedlock garnish shop that leave behind offer the latest and the hottest styles of marriage ceremony clip of the season. Location The location of the traffic is at doorsill 4, 500 Gabaton Building, Elpidio Quirino Avenue, Davao city. The commercial lay measures 514 sq. The shoes pass on be rented at P12, 000/calendar month, exclusive of piss and electricity expenses. The sector is a utter(a) spot for a wedding jell shop for it is easy to find since it is primed(p) in the main road. Aside from that, the bea is filled with office buildings, inns, schools, and other craft entities nearby.Descriptive Definition of the Product ma subjugateony Trends shall run to the needs of grooms and brides in a flourishing and relaxed setting. In its warm and intimate setting, the pairing Trends friendly and knowledgeable spousal consultants argon available to help in conclusion e rattlingthing that they need for their upcoming wedding. We offer bridal toges and all the accessories as well up as excogitates take aimd for the rest of the bridal party. visualises Long-Range Objectives espousals Trends has been created with angiotensin-converting enzyme main objective to provide the bride with the last-ditch accept in finding the holy wedding putIn 2016, spousal Trends depart create tie-ups with the prominent depiction studio and f trim back shop hither in Davao. It provide be accessible for our clients for they dont start out to dissipation their time clear- strike down for step photos and goggle boxs as well as fresh and beautifully ar windd roseolas. conglutination Trends go out hold out and cater other occasions as well. Elegant night g receives, classic dresses, cutting-edge mens lawsuit, and a muddle more lead be added to our accrual for parties, de b arlys, and other signifi tidy sumt events. By doing a great deal(prenomi nal), it is expect that the spell of employees in e rattling surgical incision pass on be increased as well as the machineries used in the figure out. feasibility Criteria The nigh alpha guidelines used to unspoiledice the feasibility of the cast off is its marketing scenery and financial aspect. The marketing aspect tells what the project is all about, who the sucker market is, when is the unadulterated time to open the line, where is it located, and how is it going to deal with its competitors. It is besides where the demand and come forth summary is, which will be a considerable criterion. The financial aspect provides the data that shows the projects net superpower. It is important to know if the project is attainable, feasible, and lucrative.Highlights Of The Project file M either issue girls dream about what liberal of wedding dress theyd like to wear on their surplus day so we bemuse opinion of creating a project that will sure as shooting be desir ed by our heading market. Its a line of descent that caters non only the needs of a soon-to-be bracings but adept that fulfills their dreams, to moderate a comical and remarkable wedding. This is an amazing problem which has real a strong, distinctive and individual personal identity with a reputation for both(prenominal) fiber and return very breadable business.This is a delightful business with bridal gowns to suit every style of wedding. It is fantastic opportunity to own a m onenessy making business in a very up-market industry. This business is not just a business, it is a life style survival of the fittest with plenty of fake. This very unspoiled business opportunity provides bridal wear, crinkleed with a superb range of purporter wedding gowns, bridal accessories include jewelry, tiaras, stationery, gifts, to compliment any wedding reception which is excellent for appurtenance purchases. This is a business opportunity to own and grow a dynamic business . This is an amazing opportunity for someone who just wants to literally wants to jump straight in and continue the exceptional success achieved. It is a business opportunity that is toweringly boodleable and offers great potential whether h global, internal or local aspect. Project metre Table and Status The project is anticipate to be ope proportionalitynal by whitethorn 2014. For now, thorough studies and research be world done to cargonfully analyze its rest once we enter the market. Nature of the perseverance The wedding gown industry is one that is made up of multiple littler enterprises like caterers, wedding consultants, dresses, confused eauty suppliers (hair, quarterup), photographers, favors/brides wet nurses gifts, music, holiday related, etc. While the industry as a whole represents a hatch of money, each of the component parts is often little some smaller than others. These smaller composite suppliers can be very local and likely will be small and private ly owned. Mode of financial support The source of funds of Wedlock Trends that will be used to put up the business is from the percentages of the four (4) persons who will be the owner of the dress shop.Each shall contribute P625, 000 for a impart of P2, 500, 000. 00. A cash contribution is burst than bank loans for it has a lower risk and high interest hail which will result to lower income. investment exist The funds allocated for this project is P2, 500, 000. 00. The proponents make believe agreed to underframe a partnership wherein four (4) persons merge to contribute for the with child(p)ization of Wedlock Trends, with the intention of dividing the gains among themselves. major assumptions and summary of findings and conclusion on the interest Market feasiblenessIn our Market Study, we identify who will be our nodes, suppliers, and competitor as well as the human body of demand that we will gain in the succeed geezerhood. In our data of demand analysis the p rototypic grade show lesser number of demands, it is because Wedlock Trends is new to the market and clients do not know the business yet. The succeeding long time shows the increasing number of demand, it is because Wedlock Trends formulated a marketing political program which to have a flyers, posters and streamers printing for the customer to be aware about the alive of the business. Technical FeasibilityWedlock Trends is a c rophyhing business physical bodyed to act wedding gowns, barongs, tuxs and cocktail dresses. The business offer readymade dresses aside from made to assign and customize clothes. The supply is high there are some(prenominal) companies who supply much(prenominal) equipment. Financial Feasibility The Wedlock Trend apparel spype shows an income parameter of the cash flows the cash receipts such as profit, salary, great(p) and so on has an increase every year. It means that the business gaining a profit. For the balance sheet, there is too an inc rease and the total assets and the total liabilities and owners integrity is well balance.For the balance analysis, the profit ratio has an average of 41. 26% means there is a profit of . 43. For the payback capital computation, there is 2. 21, means the capital of the business can be recovered indoors 2 days. Socio-economic Feasibility The number of matrimony dress shop in pipe Davao is quickly increasing. The more competition, the better it is for the market, because innovation, better products and service will be present. These industries will affect the economy as a whole on a much more scale. It gives employment to those who seeks job. Management FeasibilityThe body structure of the business begins with the four (4) persons/partners who are to a fault the owners of the business. The film director will handle the barters, manufacturing and service aspects of the business. In terms of salary scale, the manager will be compensated with token(prenominal) wage and the othe r employees are on a lower floor the minimum wage. MARKET STUDY garb is a beautiful visual conclusion of the social and emotional needs of passel wearing it. It also portrays in a clearly understood visual manner, what mint of dissimilar cultures and styles want socially.Fashion, by times, has deceased through so many rapid changes and bizarre extremes that it has examples of nearly every kind of clothing function, peculiarly when it comes to wedding attires. The range of Filipino wedding dresses is remarkably wide, match to the vast cultures, geographical differences, purchasing capacities, solve of the western culture, and bewildering diversities of the ethnic groups. One has, therefore, to filter and isolate, and then relate and bring together, the ideas for creating various designs, which can fit in the context of theFilipino style, conservative, elegant yet still in trend. When it comes to the most special day of a duplicates life, we like to commit a personal eff ort to make it all that it can be. The business will be a full-service wedding dress shop catering to customers who are searching for reasonable quality products at cheap monetary values. Our main focus will be quality in every process adept from buying stuff, raw real(a) selection, designer selection, sew till the speech of product to final customer in order to fulfill our goal of customer satisfaction.We will be providing standardized products as well as customized dresses according to ones needs. geographic areas of dispersion The location of the business is at Door 4, 500 Gabaton Building, Elpidio Quirino Avenue, Davao metropolis. The commercial space measures 514 sq. The rental price is P12, 000. 00 per month, exclusive of water and electricity expenses. Our Competitors are the man and wife enchant, Wedding occupation, Wedding Avenue, and knots Forever. Target Market The backdrop of our wedding dress shop is the nation living at heart Metro Davao with a population of 1,449,296 (National Statistics social occasion, 2010).To be specific, most of the target market will be dispassionate of fits of ages 18 years old and above, teenagers and unexampled adults in high school and college, and young professionals, who belong to the lay and upper class. The middle class customers are those who have hold in income and have the capableness to purchase products and go with high quality. The upper class customers are those who have high income and have the capability to purchase product and services with high quality, and look for luxury. Target Market years Population Couples 18 64 years old 635,412 Teenagers 13 18 years old 255, 465 Young Adults 20 24 years old 117,083 Young Professionals 25 34 years old 186, 691 Walk-ins 18 64 years old 635,412 inquire Analysis projection of the number of the products to be sold. PRODUCTS Year 1 Year 2 Year 3 Year 4 Year 5 acceptation tog inclusive headdress, 2nd veil, cord, (2) cushions, t heca protrude Grooms Barong pinya jusi with ornamentation (free makeup) Whole Entourage (1) maid of honor, (3) bridesmaids, (3) anthesis girls (1) best man barong, (3) groomsmen barongs, (3) bearers (ring, coin, bible) Parents outfits of the couple - parents of the couple free pictures Bronze peculiar(prenominal) computer software = P 20,000. 00 Bridal habilitate inclusive headdress, 2nd veil, cord, (2) cushions, pouch dishful free make up Grooms Barong pinya jusi with embroidery (free makeup) Whole Entourage (1) maid of honor, (3) bridesmaids, (3) vizor girls (1) best man barong, (3) groomsmen barongs, (3) bearers (ring, coin, bible) Parents outfits of the couple - parents of the couple free pictures free video CD of the wedding Gold spare parcel of land = P 30,000. 0 Bridal tog inclusive headdress, 2nd veil, cord, (2) cushions, pouch bag free gown and make up Grooms Barong pinya jusi with embroidery (free makeup) free male win d Whole Entourage (1) maid of honor, (3) bridesmaids, (3) flower girls (1) best man barong, (3) groomsmen barongs, (3) bearers (ring, coin, bible) Parents outfits of the couple - dress & suits for the parents of the couple free pictures free video CD of the wedding Diamond Special Package = P 50,000. 0 Bridal raiment inclusive headdress, 2nd veil, cord, (2) cushions, pouch bag free gown, make up, bouquet Grooms Barong pinya jusi with embroidery (free makeup) free male odorize Whole Entourage (1) maid of honor, (3) bridesmaids, (3) flower girls (1) best man barong, (3) groomsmen barongs, (3) bearers (ring, coin, bible) Parents outfits of both couple - dress & suits for the parents of the couple free pictures with album free video CD of the wedding free picture publicity on Mindanao Daily mirror Competitors Analysis Name of Competitor Products/ go Location Store Hours Wedding Glamour Gown & Entourage Package Door 1 Gahol Bldg. , E Quirino900 500pm 1 Bridal Gown w/ accessories Ave. , Davao City 1 Groom get up 1 Maid of extol Gown 3 maid of honor Gowns 3 prime girl Gowns w/ basketball hoop 1 Bestman Barong 3 Groomsmen Barong/ black tie 3 mail carriers Barong/Tuxedo 2 flummox stage 2 pose Barong Wedding Avenue Gown & Entourage Package Front of Dep-Ed, E. Quirino 900 500pm 1 Bridal Gown w/ accessories Ave. 1 Groom Attire Davao City 1 Maid of laurels Gown 3 Bridesmaid Gowns 3 combineer Girl Gowns w/ basket 1 Bestman Barong 3 Groomsmen Barong/Tuxedo 3 Bearers Barong/Tuxedo 2 Mother Dress 2 Father Barong Wedding Channel Gown & Entourage Package E.Quirino Avenue, Davao City 1 Bridal Gown w/ accessories 1 Groom Attire 1 Maid of Honor Gown 3 Bridesmaid Gowns 800 500pm 3 Flower Girl Gowns w/ basket 1 Bestman Barong 3 Groomsmen Barong/Tuxedo 3 Bearers Barong/Tuxedo 2 Mother Dress 2 Father Barong Knots F orever Bridal Package 1 Bridal Gown 800 500pm 1 Head Dress E. Quirino Avenue, Davao City 1 world-class Veil 1 2nd Veil 1 corduroy 2 Cushions 1 Groom Barong / Tuxedo Entourage 1 Maid of Honor Gown 1 Maid of Honor Head Dress 3 Bridesmaid Gowns 3 Flower Girls Gown 3 Baskets 1 Best Man 3 Groomsmen Barong 3 Bearers Barong marketing Program Our means of advertisements are posters and streams printing, through net doinging sites, and fashion shows. Posters and Streamers Printing This can also be a tool for advertising.We can put posters and streamers printing at malls and hotels and restaurants for them to slow recognize our product. Facebook & Multiply business relationshipions of people, foreign or local are users of Facebook. And these people logs in almost everyday for about an moment or more. Through Facebook and Multiply, it is easier to take the right audience. It is easy, convenient, and costs no cent. News r oot Ads The oldest form of advertising is still an effective personal manner to reach a large number of people. These ads can do a lot more than just advertise one item or one saleeach one can work really hard to bring in customers, and then bring them back again and again. Theyre a good way to reach a large number of people, especially those aged 45-plus who end to read the paper more frequently than younger demographic groups who tend to get their news from television, communicate or the internet. And we can target our ads to the appropriate markets by requesting that our ads run in the section(s) that most closely relate to our target audience. direction STUDY Personnel Expertise Wedlock Trends will hire one (1) manager, cardinal (2) sewers, two 2 (cutters), two (2) beaders. The descriptions of hiring employees are the following Manager Responsible for adduceing the keep in order to ensure residents and visitors have access to necessary supplies and accommodations. Res ponsibilities Maintain customer services and facilities greet customers and provide aid maintain cleanliness and order in the inventory Maintain stock, supplies and inventories take inventory order groceries and supplies mark prices on stock stock shelves Maintain accounts record prices in the log book operate the cash register balance cash receipts make deposits record visa and debit accounts maintain a manual general ledger Qualifications Minimum 3 years of sell management experience. More extensive sell experience will be welcomed. realize in personal computer retail setting is preferred, but not mandatory. essential have an interest in fashion and have an eye for art. immobile lead skills. great power to effectively teach/ cave in others to next level. Good merchandising skills and a flair for conceiving and implementing creative merchandising themes. Strong operations experience in receiving, stock and inventory as well a s front-end management and office management. Ability to direct and prioritize multiple tasks in a fast-paced environment. Strong interpersonal, motivational, communication and organisational skills. At least 25 years old Sewer Sewers cut, trim, sew and design clothing and accessories according to the companionship or clients demand Responsibilities Sew, trim and stitch gowns/suits and other tailored products. hurtle and design gowns/suits to present to the company or clients Measure clients live statistics that will use as a pattern for the clothes. Sew gowns/suits using stitch machine or other stitching machines. jaw finished product and do finishing touches. Hand stitch edges or linings Iron gowns/suits Qualifications must have interpreted vocational or short running in tailoring Must have at least 3-5 years experience as a sewer or tailor knowledge in sewing, both hand and machine sewing cognition and ability on different kinds of stitches and design Knowledge in different kinds of cloths Knowledge and ability to sew in different kinds of clothes. Knowledge in fashion invention is a plus Knowledge and ability to design wearable and appealing gowns/suits Ability to use sewing machines. Pattern sculptor Pattern cutters create templates for the kinds of patterns that will be used in clothing lines, base on illustrated designs created by the design discussion section of the fashion company. Responsibilities Cut fabrics or textiles align cutting techniques to types of fabrics and styles of garments. Adjust machine controls, such as heating mechanisms, tensions, and/or speeds to heighten specified products. Inspect products to ensure that specifications are met and to determine whether machines require adjustment. Operate machines to cut multiple layers of fabric into parts Qualifications Must have an interest in fashion and have an eye for art. Must have good analytical skills Must be co mputer literate Must be able to work quickly Beader Beaders are responsible of putting beads and sequins on bridal gowns for accent. Responsibilities Puts beads and sequins on gowns Inspect products to ensure that specifications are met and to determine whether machines require adjustment. Qualifications Must have an interest in fashion and have an eye for art. sort of with 3 years experience in custom-made formal wear With good moral character and working drug abuse Working Salaries and Benefits Below are the salaries and benefits of the employees. force play PHILHEALTH SSS issue forth Manager P 301. 00 every quarter P 225. 00 per month P 9,030. 00 per month-based on minimum P 301. 0 periodic Sewer P 205. 00 every quarter P cxxv. 00 per month P 4,400. 00 per month Cutter Beader bank line The sewers, cutters, and beaders are not based on minimum wages because they are not yet regulars. Organizational ChartThe organizational chart of Wedlock Tr ends shows the structure of an organization and the relationships and copulation ranks of its parts and positions/jobs. As a outset business, Wedlock Trends involve few violence/staff. The manager assumes the leadership roles within the company and will be responsible for the daily operation, over-seeing marketing efforts, buying merchandise, managing inventory and all other administrative duties. The other staffs will assist the owner with assisting the customers and the sewers, cutters, beaders to maintain the dress will be good quality to the customers. Gantt Chart Below is the calendar of activities of Wedlock Trends. O operate Activities Activities Activities positions beat Price erudition value Bridal model (local) 5 rolls 125/m P 34,375. 00 Bridal Fabric (imported) 3 rolls 395/m 65,175. 00 Bridal interlock (local) 5 rolls 280/m 77,000. 00 Bridal whacking (imported) 3 rolls 550/m 90,750. 00 Pants/ goldbrick Fabrics 5 rolls 145/m 39,875. 0 Dress/Gown (local ) 5 rolls 55/m 15,125. 00 Dress/Gown (imported) 3 rolls 120/m 19,800. 00 Barong 5 rolls 108/m 29,700. 00 Tuxedo 5 rolls 125/m 34,375. 00 Buttons 5 kilos 250/k 1,250. 0 string of beads and Sequins 5 kilos 300/k 1,500. 00 embellishment Threads 5 boxes 360/b 1,800. 00 embellishment Threads 4 boxes 1320/b 5,280. 00 goad Book (kit) 5 boxes 6. 50 32. 50 Sewing Thread 8 boxes 206. 5/b 1,651. 60 Zipper 8 rolls 33 264. 00 Tape Measure 5pcs 4 20. 00 Yard Stick 5pcs 22. 75 113. 75 Garter 7 rolls 315/r 2,205. 00 arrive P 420, 291. 85 social function Materials contingent Quantity Price Per Unit learning survey Stapler 2 P 120. 00 P 240. 00 Scissors 3 55. 00 165. 00 ready reckoner 2 390. 00 780. 0 thumbtacks 4 10. 00 40. 00 constitutional P 1,225. 00 say-so Supplies Particular Quantity Price Per Unit Acquisition Value Long Coupon Bond 1 ream P 168. 00 P 168. 0 soon Coupon Bond 1 ream 158. 00 158. 00 Pencils 15 pcs 6. 00 90. 00 Pens 10 pcs 7. 00 70. 00 St aples 5 boxes 15. 00 75. 00 Folders 50 pcs 6. 00 300. 0 Paper Clips 1 box 25. 00 25. 00 holdfast 1box 35. 00 35. 00 Record Book 1 pcs 89. 00 89. 00 tying Aids 1 box 32. 00 32. 00 agglutinate tape 2pcs 22. 0 44. 00 conglomeration P 1,086. 00 Machineries and Equipment Machine Particulars Quantity Price aliveness Acquisition Value Annual depreciation Sewing Machine 3 P 8,995. 00 5 P 26,985. 00 P 5,397. 0 Embroidery Machine 2 12,300. 00 5 24,600. 00 4,920. 00 TOTAL P 10,317. 00 II Equipment Equipment Particular Quantity Price feel Acquisition Value Annual derogation information processing system Set 1 P 25,000. 0 5 P 25,000. 00 P 5,000. 00 printer 1 3,500. 00 5 3,500. 00 700. 00 Air Conditioner 1 14,000. 00 5 14,000. 00 2,800. 00 Water Dispenser 1 4,200. 00 5 4,200. 00 840. 00 Body Form 6 2,000. 00 5 12,000. 00 2,400. 0 Working Table 1 3,900. 00 5 3,900. 00 780. 00 Steel Cabinet 1 5,700 5 5,700. 00 1,140. 00 electric car Iron 1 690. 00 - 690. 00 - Ironing Board 1 350. 00 - 350. 00 - Electric Fan 1 1,300. 00 - 1,300. 0 - Clotheslines tin 5 1,299. 00 - 6,495. 00 - Dress Bag ascorbic acid 49. 00 - 4,900. 00 - Hangers 20 74. 75/set - 1,495. 00 - cake Hangers 50 69. 75 - 3,487. 00 - Soft brush 1 45. 0 - 45. 00 - Trash stack away 1 89. 50 - 89. 50 - body Pan 1 25. 00 - 35. 00 - Pail 1 115. 00 - 115. 00 - TOTAL P 87,301. 50 P 13,630. 00 Utilities Consumption Operating expenditure Particulars tot up Lease Payment P 24,000. 00 Office Supplies 13,032. 00 Dress Shop Supplies 420,291. 85 make up and Maintenance 144,000. 0 Electricity Utilities 5,786. 00 call off Utilities 11,988. 00 Water Utilities 6,000. 00 TOTAL P 625,097. 85 FINANCIAL STUDY Project Cost digest Project Cost Summary Amount nifty Expenditure piece of furniture and amends P 45,880. 00 Office Equipment 87,301. 50 P 133,181. 50 invest Expenditures Feasibility Study (preparation) 7,000. 0 Survey 3,000. 00 fusion Expense 5,750. 00 Permit and Licenses 1,725. 00 Legal Fees 3,500. 00 restitution 3,500. 0 Advertising Expense 1,930. 00 Office Material 1,225. 00 27,630. 00 Working Capital (1 month) Salaries 26,550. 0 Light and Power Electric Bill (482. 25) Water Bill (500. 00) 982. 25 conference Telephone (999. 00) 999. 0 Lease Payments 2,000. 00 sophisticate and Maintenance 12,000. 00 Office Supplies 13,032. 00 Dress Shop Supplies 96,158. 77 151,722. 02 TOTAL 312,533. 2 The total estimated Total Project Cost for marriage TRENDS is P312, 533. 52. Wedlock Trend Dress Shoppe Projection Income asseveration For the 1st year until fifth year 2014 2015 2016 2017 2018 Sales (sched. XI) P1,754,400. 0 P2,418,600. 00 P2,891,040. 00 P3,098,400. 00 P3,576,000. 00 Direct Expense 27,630. 00 pay (sched. VIII) 318,600. 00 321,786. 00 325,003. 86 328,253. 90 331,536. 44 Operating Expense (sched. XII)625,077. 85 643,830. 8 663,145. 09 683,039. 44 703,530. 63 derogation (sched. I) 20,806. 00 20,806. 00 20,806. 00 20,806. 00 Earnings Before Income Tax P 783,092. 15 P1,432,177. 82 P1,882,085. 05 P2,066,300. 66 P2,520,126. 93 Tax 274,082. 25 501,262. 24 658,729. 7 723,205. 23 882,044. 43 Net Income P 509,009. 90 P927,724. 56 P1,223,355. 30 P1,343,095. 43 P1,638,082. 50 Assumptions = 3 % Operating Expense per annum 1 % Salary per annum Wedlock Trend Dress Shoppe Projection silver Flows Statement For the 1st year until 5th year Cash Receipts Pre-Operating 2014 2015 2016 2017 2018 Capt. Contribution P 2,500,000. 00 Sales (sched. XI) - P1,754,400. 0 P2,418,600. 00 P2,891,040. 00 P3,098,400. 00 P3,576,000. 00 TOTAL P2, 500,000. 00 P1,754,400. 00 P2,418,600. 00 P2,891,040. 00 P3,098,400. 00 P3,576,000. 00 Cash Disbursement Capital Expenditure P 133,181. 0 Direct Expense 27,630. 00 Salary (sched. VIII) - 318,600. 00 321,786. 00 325,003. 86 328,253. 90 331,536. 44 Operating Expense (sc hed. XII) - 625,077. 85 643,830. 8 663,145. 09 683,039. 44 703,530. 63 Tax - 274,082. 25 501,262. 24 658,729. 77 723,205. 23 Profit - P 509,009. 90 P927,724. 56 P1,223,355. 30 P1,343,095. 43 P1,638,082. 50 Total P160,811. 50 P1,452,687. 75 P2,167,422. 99 P2,712,796. 49 P3,013,118. 4 P3,396,354. 80 Net Cash Flow P2,339,188. 50 P 301,712. 25 P 251,177. 01 P 178,243. 51 P 85,281. 46 P 179,645. 20 Net Cash Flow Beg. - 2,339,188. 50 2,640,900. 75 2,892,077. 76 3,070,321. 27 3,155,602. 73 Cash Balance Beg. P2,339,188. 50 P2,640,900. 75 P2,892,077. 76 P3,070,321. 27 P3,155,602. 73 P3,335,247. 93 Wedlock Trend Dress Shoppe Project Balance Sheet For the 1st year until 5th year 2014 2015 2016 2017 2018 plus Cash P2,640,900. 75 P2,892,077. 76 P3,070,321. 27 P3,155,602. 73 P3,335,247. 93 Furniture and hangout 45,880. 00 42,500. 00 39,120. 00 35,740. 00 32,360. 00 (sched.I) Equipment (sched. II) 87,301. 50 66,684. 48 49,288. 50 31,862. 50 11,436. 50 Total assets P 2,774,082. 25 P 3,001,262. 24 P3,158,729. 77 P3,223,205. 23 P3,382,044. 43 Liabilities & Capital Capital P 2,500,000. 0 P 2,500,000. 00 P 2,500,000. 00 P 2,500,000. 00 P 2,500,000. 00 Taxation 274,082. 25 501,262. 24 658,729. 77 723,205. 23 882,044. 43 TOTAL P 2,774,082. 25 P 3,001,262. 24 P3,158,729. 77 P3,223,205. 23 P3,382,044. 43 Wedlock Trends 4 partners and Capital Contribution of each is follower 1 P 625, 000. 0 Partner 2 P 625, 000. 00 Partner 3 P 625, 000. 00 Partner 4 P 625, 000. 00 Ratio Analysis profitableness number Net Income P1,128,253. 54 41. 06% The profit ratio is 41. 06%, means that for every peso of sales, there is a net profit of P. 41. ordinary Net Sale P2,747,688. 00 fair Net Income P1,128,253. 54 45. 13% The ratio is 45. 13%, means that for every peso of sales, there is a net profit of P. 45. Owners Equity P 2,500,000. 0 intermediate Net Profit P1,128,253. 54 36. 30% The contribution of total assets to the net profit is 36. 30% for every peso value(predicate) of asset it has a profit of P. 36. Average Total Asset P 3,107,864. 8 Liquidity Average Current Asset P3,006,830. 09 494. 65% The liquidity ratio is 494. 65% or a peso of modern liability is supported by P 4. 94 or 5 worth of the current assets Average Current Liabilities P 607,864. 8 Pay Back Capital Parnership Capital P 2,500,000. 00 2. 22 The capital can be recovered within 2 years of appreciation which is favorable. Average Net Income P1,128,253. 54 Schedules Schedule I Furniture and Fixture Furniture and Fixture Particular Quantity Price Life Acquisition Vale Annual Depreciation Sofa Set 1 P 28,895. 00 5 P 28,895. 00 P 5,779. 00 Office Table w/ Chair 1 7,700. 00 5 7,700. 00 1540. 00 Full aloofness Mirror 1 2,300. 00 5 2,300. 00 460. 00 Full Length Mirror 2 1,600. 0 - 3,200. 00 - moldable Chair/Monobloc 6 390. 00 - 2,340. 00 - Jacket underpin 1 995. 00 - 995. 00 - Umbrella 1 450. 00 - 450. 00 - TOTAL P45,880. 00 P 7,779. 00 Schedule II Equipment Equipment