COMPU BUILD

A FEASIBILITY STUDY PRESENTED TO THE FACULTY OF THE BUSINESS AND

ACCOUNTANCY

University of Negros Occidental- Recoletos

PROPONENTS:

Arradaza, Jazy Camelle T.

Asentista, Eva Mae P.

Cui, Shannen Faye

Gonzales, Stephanie S.

Sofio, Jenebe G.

June 2021

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 ACKNOWLEDGEMENT
In conducting this study, we had to cope with several major difficulties while doing this study,

which was obligatory. We frequently feel the need for clarification on a set of questions we've been

pondering. We would like to express our sincere appreciation to the Mr. Eliand Rey Soliman, LPT,

MBA our instructor who gives us allotting time to compile this study, for teaching us, believing in us,

understand us, give some patience, kindness and providing us with the opportunity to complete these

papers. In addition, we owe a debt of gratitude to our family, professors, and classmates for their

continuous support and assistance. For everything you have done for us, we are eternally grateful and

appreciative. We're extremely grateful to the team for all of their hard work and collaboration in

finishing these papers; the effort was well worth it. We hope and pray that we will be able to work

together to accomplish the next right thing. Above all, thanks be to God, the Almighty, for His abundant

grace, for providing for our unanticipated needs during difficult times, for His unending goodness and

plentiful blessings along the journey, and for listening to our heart's aspirations to accomplish our

research job successfully

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3
 Table of Contents

Title page i
Acknowledgement ii
Table of Contents iii
List of Tables v
List of Figures vi
Cover Page vii

EXECUTIVE SUMMARY 1

INTRODUCTION
Justification of the Study (The Need of the Study) 8
Study Objective 8
Scope of the Study 8
Methodology 9
Definition of Terms 9
PROJECT/BUSINESS SUMMARY
Proposed Business Name 10
Name of Proponents or Owners 10
Description and Background of Industry 10
Description of Project/Business 11
Location of Project/ Business 11
Highlights of Major Assumptions 11
Project Time Table and Status 13
Investment Costs 14
Summary of Findings, Conclusions and Recommendations 15
1. Product/Service Feasibility 15
2. Industry/Market Feasibility 15
3. Organizational Feasibility 16
4. Financial Feasibility 16
5. Overall Feasibility 16

4
MANAGEMENT ASPECT
Management 16
Form of Ownership, Basic Consideration 16
Organizational Structure 17
Key Personnel 18
Job Description 18
Duties and Responsibilities 18
MARKETING ASPECT
Market Study 19
Service Description 20
Marketing Analysis 20
Marketing Strategies 20
Products/Services 20
Price 20
Place 20
Promotion 21
TECHNICAL ASPECT
Product/Service Description 21
Production/ Operation Design 22
Requirements and Processes 23
Materials and Equipment 23
FINANCIAL ASPECT
Sources of Funds 25
Project Cost Estimates 26
Pre- Operating Cash Flow 27
Projected Cash Flow 28
Projected Income Statement 29
Projected Balance Sheet 31

SOCIO-ECONOMIC IMPACT
1.) Vision Statement 31
2.) Mission Statement 31

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 List of Figures

Figure 1. Site of the Business 10

Figure 2. Vicinity Map 10
Figure 3. Organizational Map 19
Figure 4 .Monitor 23
Figure 4.1 AMD Processor 23
Figure 4.2 Mother Board 23
Figure 4.3 Memory Card 23
Figure 4.4 Hard Drive 23
Figure 4.5 Video Card 24
Figure 4.6 DVD Room 24
Figure 4.7 Mouse……………………………………………………………………...………...............24
Figure 4.8 Casing……………………………………………………………………………………..….24
Figure 4.9 Printer……………………………………………………………………………...…………24
Figure 4.10 AVR…………………………………………………………………………………………24
Figure 4.11 KeyBoard……………………………………………………………………………………24
Figure 4.12 Headset……………………………………………………………………………………...24
Figure 4.13 Connectors…………………………………………………………………………………..25
Figure 4.14 Webcam……………………………………………………………………………………..25

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EXECUTIVE SUMMARY

7
 INTRODUCTION

Justification of Study

The reason for implementing this project is for the provision of network systems, computer
products and services that intent to fill in the market need for a customer focused computer
services. To recognized our ability to relate to customers regarding their needs and wants,
management style and commitment. And to ensure that our services are well known and
respected. The researchers conducted a survey exclusively in Bago City with participants
including students, gamers and professionals. According to the 2015 census the total population
has 170,981 people and the city has consistently increasing population it presents a good
opportunity to build a computer shop business.

Study Objectives

The business has the following as its objectives:

1. To gain profit
2. To provide fast, reliable and css qcaffordable computer related services
3. To satisfy our customer providing best quality service

Scope of the Study

This aims to establish a Computer Shop business. This study will be based in management,
technically, in socio-economic and financial aspect of business. Management and owners will be
covered as part of the respondents.
The scope of the study shall cover another type of respondent who will be the future target
market. The proposed respondent are most teenage young people in the City of Bago. This study
focuses on how computer shop owners satisfy their customers. The data needed will be
accumulated through survey, data collection and interview. All findings and conclusions will
gather from this study in a selected computer shop owners.

Methodology

This describes and discusses how the researchers gather the necessary data and information that
will be used in the entire study. It describes who will be the respondents if they will build the
Compu Build in Bago City.

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 The researchers will carry out using a descriptive survey methods, with a self-administered
questionnaire as the data collection tool, and the data will be collected and interpreted using a
qualitative approach. We performed a survey to see what people’s responses would be if the
research were to be implemented. The survey focuses on the quality of services to be provided in
the sector. The survey was conducted among a 100 residents of Bago city, including students,
gamers and professionals who choose to go in Compu Build. The researchers found that 69.8
percent of people in Bago city agreed to go to Compu Build, and 83.9 percent thought that
getting such business would help them stand out in a competitive climate. If the Compu Build is
built in the area, 93.6 percent of those who replied to the researchers survey said they would
endorse it. And 100 percent of the respondents agreed that a more competitive Computer shop
should be added to the market.

Definition of Terms

The following are meanings of the terminology used in this feasibility study for a better
understanding:

Marketing Strategy. Used on how to promote the products.

Management. Refers to the overall structure of the business
Capital. A large amount of money invested to start a business.
Services. A system supplying public needs such as communications.
Balance Sheet. Statement of assets, liabilities, and capital of a business or orther organization at
a particular point in time, detailing the balance of income and expenditure over the proceeding
period.
Ownership. Form of partnership business between the organization.

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 PROJECT/ BUSINESS SUMMARY

Proposed Business Name

Compu Build- The owners come up with the idea of establishing a computer shop and tried all
names related to computer then finally settelled for “ Compu Build”. This is a start-up business
with the goal of providing customers with a quality services as they plan to do gaming,
assignments and paper works.

Name of Proponents or Owners

This feasibility study was conducted by:

Stephanie S. Gonzales
Jazy Camelle T. Arradaza
Jenebe G. Sofio
Eva Mae P. Asentista
Shannen Faye Cui

Description and Background of Study

In 1990’s, the Internet began as an elitist toy in the Philippines that made a huge impact
of the economic repercussions and everyday lives of the citizens in the Philippines. In 2013,
more than one third of the population were online. This made the Philippines the second biggest
nation of internet users.. Things have changed dramatically; up to this point, no daily newspaper
has been driven out of business by the Internet, but they all have websites. Devices for
connecting to the internet have become more affordable and compact. Because PC ownership has
historically been low in the Philippines, internet cafes quickly became popular in industry in the
Philippines. Before deciding where to sell their goods, rural farmers and fishermen look up
market prices online. In 1994, the country became the first country to connect to the internet.
Many subscribers initially had no idea what to do with their accounts other than check their
email. ‘You can't bring a computer to the toilet,' a newspaper editor mocked the nation's belief
that online would ever replace paper. The computer shops are open 24 hours a day, seven days a
week to serve the workers, who are mostly young people who burn out quickly and spend their
money recklessly.

The overall trend is clear, but connectivity is rapidly expanding, providing new
opportunities to an increasing number of people.

Description of Project/Business
Compu Build is a fully dedicated internet access business that provides access to the public.
Compu Build is a computer shop business that tends to offer the quality of internet services that their
equipment can provide with the advancements in the latest technologies. Our aim is to be competitive

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along with many rival computer shops here in our local community. We will provide all computer
related services at competitive prices with sincerity and honesty that will click to our customers needs
and wants.

Compu Build charges a fee to use computers with high bandwidth internet access.
Compu Build are often hosted within a shop or other establishments comes in a wide range of styles,
reflecting their location, main clientele ans sometimes the social agenda of the proprietors.
Compu Build aims to cater to both new users who want a guided tour of the internet and experienced
users who want to indulge their passion for computers in a social setting. Furthermore, Compu Build
will be a draw for local and traveling professionals looking to work or check their email in a welcoming
environment. These professionals will use Compu Build's PCs or connect their notebook computers to
the internet. Compu Build's target demographic spans a wide age range: Generation Xers who grew up
in a computer-dominated environment to Baby Boomers who have come to the realization that people
today cannot afford to ignore computers.

Location of Projects/ Busines

This site of the business is located at Celis Street, Barangay Poblacion Bago City. The area is accessible
in where being alongside can easily get in tuck with our computer shop.

Figure 1. Site of the Business

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 COMPU BUILD

Figure 2. Vicinity Map

This figure shows the vicinity map of Compu Build it is located at Celis Street, Barangay
Poblacion Bago City. The location of the business is in front of Shell Select and along the MCF
Gasoline Station

Highlights of Major Assumptions

In the business conducted it is assumed that the businessis profitable and viable for the customers
of Compu Build in Bago City. This study represents a high potential for growth even though there are
small computers shops near the location, for the reason that Compu Build has a unique, quick,
dependable, and affordable computer related services and technical assistance in a safe and comfortable
environment that other computer shops don’t have. As the business continues to operate, there is a high
potential of growth since the computer shop will be needed in today’s time of crisis.

Project Time Table and Status

The enterprise is scheduled to begin operations within one to two months of preparation, but the
facilities and equipment, as well as the services offered during the preparation and completion process,
require ample time to be ready and accounted for. Business licenses are also being issued. Manpower is
being trained and oriented in order to provide quality service on the job.

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 PROJECT TIME TABLE OF COMPU BUILD SHOP
Activitie 2021 2022
s

September

September
November
December
February

February
October
January

January
August

August
March

March
April

April
May

May
June

June
July

July
Conduct                                      
a
Feasibili
ty
Analysis
Meetings                                      
and
Discussi
ons
Innovati                                      
on of
Building
Acquisiti                                      
on and
Installati
on of
Equipme
nt and
Other
Supplies
Marketi                                      
ng
strategy
Starting                                      
of the
Business
Operatin                                      
ga
business
Review                                      
of
perform
ance

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Investment Cost

The amount of money needed to start Compu Build was expected to be around php 500,000. The
sum is sufficient to offer the company with high-quality services and equipment.
Capital/ Investment Cost Total amount
Machinery and Equipment Php 268,043.00
Furniture and Fixtures 43,938.75
Raw material/ Supplies 5,966.00
Building and Facilities 100,000.00
Legal Requirements(1st month) 18,063.96
Cleaning Materials 750.00
Utulities 9,117.50
Salaries and Wages 25,000.00
Total Investment Cost Php 470,879.21

Summary of Findings, Conclusions and Recommendation

Product/Service Feasibility

Based on the findings of the study, computer shops that offers innovative environment and
accessible browsing/surfing are in todays demand since most of the potential customers are making the
use of internet. Also not only browsing and surfing, but also with quality services like printing,
photocopying, cloning. The products and services is considered feasible. Seeing that it is different from
other computer shops.

Industry/Market Feasibility
Computer shop industry in Bago City is sizable including Compu Build that has the materials
and service proposed in the market. The customers can really expect that their satisfaction becaue of its
good ambiance and comfortable environment unlike the nearby computer shops offer. The Compu Build
target market will be the teenage people of Bago City, professionals and others that needs the use of
internet who wants to come and experience the quality service and innovative environment of Compu
Build. When compared to the other computer stores in Bago City, the Compu Build has a Timeline
entry. The findings of this industry and market feasibility base on the industry and market attractiveness
and timeliness of entry in the target market the business was feasible. In order to improve the business,

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the owners should consider more customer-friendly strategies and add more educational and innovative
materials.

Organizational Feasibility
The owners of computer shops, in particular, have the ability to expand and establish their
businesses. The owners had a background in online business, and their professions, potentials, and
business expertise were able to aid in the promotion and development of the computer shop. The owners
have the potential to grow this firm because of their backgrounds and expertise. Regarding their
background, the research is plausible and well-organized, indicating that this firm has a good chance of
success. Because the company is new, the owners have held a series of seminars to ensure that their
products and services meet the needs of their customers. The owners, on the other hand, were certain
that the business would be viable and successful.

Financial Feasibility
Compu Build has a total start-up capital of Php1,000,000 to get our company off the ground and
running until it is self-sustaining. Compu Build will be used to compile the major components of the
projects. As a result of our computer services, our company's performance outperforms that of other
similar companies. So that all, of our customers adore and value the products and services we offer
According to our customers' feedback the Compu Build has the potential to help our company grow and
succeed.

MANAGEMENT ASPECT

Management
One of the most essential aspect of starting a business is the management. To attain this,
management must be able to organize all operations in order to become more profitable and efficient in
the industry by using human resources, financial capabilities, and new technologies. This involves an
examination of officers, basic organizational considerations , ownership structure, organizational graph,
and project schedule. The aim of this approach is to provide an innovative environment and to assess the
organizations options effectiveness.

Form of Ownership, Basic Consideration

The Compu Build will consider partnership as a form of ownership.
Partnership is a legal relation existing between two or more persons contractually associated as joint
principals in a business.

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 According to Win Ballada (2015), a partnership is a business owned and operated by two or
more persons who bind themselves to contribute money, property, or industry to a common fund, with
intention of dividing the profits among themselves. Each partner is accounting personality liable for any
debt incurred by the partnership. Accounting consider the partnership as a separate organization, distinct
from personal affairs of each partner.
The researchers chose these kind of business organization for it is easy to establish and it
improved management with more than owner. It also increases the ability of the organization to raise
funds since it has more than one owner. Also the organization has a wider pool of knowledge, skills and
contacts of handling their business. Moreover, business as partnerships do not have to pay income taxes.

Organizational Structure

OWNERS

MANAGER

COMPUTER
CASHIER COMPUTER ASSISTANT TECHNICIAN

Figure 3. Organizational Flow

Key Personnel
Owners
Manager
Cashier
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 Computer Technician
Computer Assistant

Job Description, Duties and Responsibilities

Owners
The owners are in charge of the shops day-to-day activites, as well as its overall course,
profitability and credibility. Because they set their own task, their job can vary greatly depending on
how they approach it.
The specific job duties of the owner has a few key tasks that all owners must complete:
1. Establish profitable business strategy
2. Employee supervision
3. Business promotion
4. Manages the overall direction of the business

Manager
The manager assist in determining an organization's information technology goals and are in
charge of implementing computer systems to achieve those goals.
Manager responsibilities include:
 Recruiting, orienting and training employee’s staff
 Creates chances for personal development and give the best ways to resolve any issues
or damages with clients or customers service.
 Maintains a high level of service by adhering to quality and customer service
guidelines.

Cashier
The cashier uses a cash to register process cash, debit and credit check transactions. They
balance the cash register, make change, records the payments of customers, processes refunds.
Cashier responsibilities include:
 Itemizes
 Computes total payments on a cash register.
 Answers client queries and resolve issues.
 Consumers payments are collected by receiving cash.
Computer Technician
They are responsible for the tehnological assistance to provide support and to ensure the
computers are working correctly. They also install routibe updates to system software and onfigure
components and software os every omputer equipment.

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Computer technician responsibilities includes:
 Installing new software programs
 Teaching the customer how to properly use the computers
 Repair the problems of every unit.

Computer Assistant
They are responsible in helping the customers with setting up their account, update software
programs and assist the customers in solving variety of technical problems.
Computer assistant responsibilities includes:
 Accommodate customers
 Guide customers
 Install and perform updates and upgrades
 Remove viruses
 Configure hardware

MARKETING ASPECT

Market Study
As the internet's popularity grows, having accessible and affordable access to it is increasingly
becoming a need. CompuBuild allows communities to connect to the internet in a safe and secure
environment.

Service Description
Customers of Compu Build will have full access to the internet as well as typical computer
applications and hardware. Below is a list of some of the internet and computing services that are
available to compu build.
 web surfing at breakneck speed
 job typing
 scanning, printing and photocopying
 chat online using messenger
 CD burn

Marketing Analysis
Compu Build is committed to improving the customer experience in a way that they believe
only a few others in the industry have attempted. Compu Build's goal is to execute; not only do they
want to increase brand awareness, but they also want to build important customer relationships that will

18
assist attract potential customers to the target market. Expect media impressions to continue to climb as
the owners attempt to create stronger client relationships. We believe that because marketing gives
opportunity, it will attract customers and provide us a competitive advantage.

Place
Compu Build is located at Celis Street, Barangay Poblacion Bago City. The shop is in front of
Shell Select and along the MCF Gasoline Station. The proprietors chose this location because it
will allow a large number of customers to visit us and benefit from our computer shop's high-
quality service. It's also a convenient way for us to reach out to our target market.

Price
It is one of the factors that encourages customers to rent computers.
The following are as follows:

Surfing internet/ Games Php 15/hour

Photocopying (short) Php 1/page
(long) Php 1.50/page
Printing black and white (short) Php 2/page
(long) Php 3/page
Cd Burning Php 40
Scanning Php 10/page
Printing colored Php 5/page
Other services
Typing job Php 5/page

Promotions
Seek to recruit newbie internet users by creating a newbie environment, and on drawing power
internet users by offering them with various incentives such as discounts.

TECHNICAL ASPECT

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 Technical aspects of the busines’s position, such as Product/Service Description, Operation
Process/ Schedule, Requirements and Process.

Product/Service Description
The Compu Build offers services listed below:
 Surfing/internet
 Scanning
 Photcopying
 Downloading
 Printing (black and white, colored)
 Typing job
 Computer repair
 CD burning
Gaming/ LAN Games
 Warcraft 3
 Left or Dead
 NBA
 Autojam
 The sims 3
 Battle realms
 League of Legends
 Star craft
 Counter strike
 Need for speed
 NASCAR racing
Online Games
 Runscape
 Maple story
 Guild wars
 Ragnarok online
 Tantra online
 The sims online
 Dark ages
 Adventure Quest
 Vanguard: Saga of heroes

Operation Strategy/ Design

COMPU BUILD 20
The consumer will enjoy services and products from the Compu build, and the customer will return the
favor. The profits will be used to develop and upgrade products and services.

Requirements and Processes

Compu Build must process legal documents in order to safeguard and operate legally.

 Registration with BIR

 Barangay Clearance
 Business Permit
 Registration of Business name with DTI
 Mayors Permit

Machinery and Equipments

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 Figure 4. monitor Figure 4.1. AMD Processor

Figure 4.2. Mother Board Figure 4.3. Memory card Figure 4.4. Hard drive

Figure 4.5. Video Card Figure 4.6. DVD Rom Figure 4.7. Mouse

22
Figure 4.8 Casing Figure 4.9 Printer Figure 4.10 AVR

Figure 4.11 Keyboard Figure 4.12 Headset

Figure 4.13 connectors Figure 4.14 Webcam

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 FINANCIAL ASPECT

The financial factors determine the funding source by calculating the rate of return on investment
and the project's feasibility depending on the profit generated. In evaluating the financial aspects of
Compu Build, an estimate of profits after the computer shops open is considered. The fundraising profit
is represented in the table.

Total Project Cost

Total Project cost for 3 Years

Year Project Cost

Year 1 1,169,065.27

Year 2 755,088.52

Year 3 683,122.02

Total Project Cost Php 2,607,275.81

Annual Project Cost Breakdown

Project Cost Year 1 Total Amount
Machinery and Equipment Php 368,043.00
Building and Facilities 93,938.75
Materials and Supplies 114,000.00
Furniture and Fixture 30,966.00
Legal Requirements 95,247.52
Cleansing Materials 2.460.00
Salaries and Wages 300,000.00
Utilities 134,410.00
Maintenance 55,000.00
Total Investment Cost Php 1,169,065.27

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 Project Cost Year 2 Total Amount
Building And Facilities Php 106,00.00
Maintenance 55,000.00
Legal Requirements 95,247.52
Salaries and Wages 300,000.00
Utilities 98,000.00
Raw Materials and Supplies 51,991.00
Cleansing Materials 2,360.00
Total Project Cost in Year 2 Php 755,088.52

Project Cost Year 3 Total Amount

Building and Facilities Php 84,000.00

Maintenance 55,000.00
Legal Requirements 95,247.52
Salaries and Wages 300,000.00
Utilities 48,000.00
Raw Materials and Supplies 26,991.00
Cleansing Materials 2,360.00
Total project cost in Year 3 Php 683,122.02

Initial Capital Requirement

The amount of money needed to start Compu Build was expected to be around php 500,000. The sum is
sufficient to offer the company with high-quality services and equipment.

Capital/ Investment Cost Total amount

Machinery and Equipment Php 268,043.00
Furniture and Fixtures 43,938.75
Raw material/ Supplies 5,966.00
Building and Facilities 100,000.00
Legal Requirements(1st month) 18,063.96
Cleaning Materials 750.00
Utulities 9,117.50
Salaries and Wages 25,000.00
Total Investment Cost Php 470,879.21

25
Financial Statement

Projected Income Statement for 3 Years

Services Income per Income per mos. Income per year Income for 3 years
day
Computer Rents 1,500.00 45,000.00 540,000.00 1,620.000.00
Printing (B&W) 160.00 4,480.00 53,670.00 161,280.00
Short
(B&W) Long 180.00 5,040.00 60,480.00 181,440.00
(colored) 180.00 5,040.00 60,480.00 181,440.00
Photocopy (short) 60.00 1,680.00 20,160.00 60,480.00
Photocopy (long) 80.00 2,240.00 26,880.00 80,640.00
Scanning 450.00 5,400.00 16,200.00
Cd Burning 385.00 4,620.00 13,860.00
Typing Job 550.00 6,600.00 19,800.00
Repairs 1,750.00 21,000.00 63,000.00
Total 1,620.00 66,615.00 799,380 2,398,140.00

Balance Sheet

Year 1
Debit Credit
ASSETS
Current Assets
Cash 799, 380.00
Furniture and Fixtures 43,938.75
Raw materials and supplies 5,966.00
Waste disposal 2,460.00
Total current assets: 851,744.75

PPE
Land
Land Improvement 4,000.00
Buildings 60,000.00
Equipment 268,043.00

26
Less:Accumulated Depreciation (53,456.00)

Intangible Assets
Goodwill
Trade Names

Other Assets 25,585.11

Total Assets: Php 1,155,916.86

LIABILITIES
Current Liabilities
Notes payable 66,666.67
Wages payable 300,000.00
Taxes payable 70,247.52
Utility cost 109,410.00
Property cost 74,000.00
Maintenance cost 55,000
Supplies cost 5,966.00
Diposal cost 2,460.00
Unearned Revenues
Total current liabilities: 683,750.19

Long Term Liabilities

Notes payable 66,666.67
Bond payable
Total Long Term Liabilities 66,666.67

Total Liabilities 750,416.86

Stockholder’s Equity
Common Stock 115,500.00
Retained earnings 300,000.00

27
Less: Treasury stock (10,000.00)
Total Stockholder’s Equity: 405,500.00

Total Liabilities and 1,155,916.86

Stockholder’s Equity

Year 2

Debit Credit
ASSETS
Current Assets
Cash 854,065.00
Furniture and Fixtures 43,938.75
Raw materials and supplies 5,966.00
Waste disposal 2,360.00
Total current assets: 906,329.75

PPE
Land
Land Improvement 10,000.00
Buildings 64,000.00
Equipment 268,043.00
Less:Accumulated Depreciation (45,000.00)

Intangible Assets
Goodwill
Trade Names

Other Assets 97,494.11

Total Assets: Php 1,300,866.86

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LIABILITIES
Current Liabilities
Notes payable 66,666.67
Wages payable 300,000.00
Taxes payable 70,247.52
Utility cost 109,410.00
Property cost 64,000.00
Maintenance cost 55,000
Supplies cost 5,966.00
Diposal cost 2,360.00
Unearned Revenues
Total current liabilities: 673,650.19

Long Term Liabilities

Notes payable 66,666.67
Bond payable
Total Long Term Liabilities 66,666.67

Total Liabilities 750,316.86

Stockholder’s Equity
Common Stock 120,000.00
Retained earnings 450,550.00
Less: Treasury stock (10,000.00)
Total Stockholder’s Equity: 560,550.00

Total Liabilities and 1,300,866.86

Stockholder’s Equity

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 Year 3

Debit Credit
ASSETS
Current Assets
Cash 954,362.00
Furniture and Fixtures 43,938.75
Raw materials and supplies 5,966.00
Waste disposal 2,360.00
Total current assets: 997,626.75

PPE
Land
Land Improvement 10,000.00
Buildings 72,000.00
Equipment 168,043.00
Less:Accumulated Depreciation (38,000.00)

Intangible Assets
Goodwill
Trade Names

Other Assets 90,647.11

Total Assets: Php 1,400,316.86

LIABILITIES
Current Liabilities
Notes payable 66,666.67
Wages payable 300,000.00
Taxes payable 70,247.52
Utility cost 109,410.00
Property cost 64,000.00

30
 Maintenance cost 55,000
Supplies cost 5,966.00
Diposal cost 2,360.00
Unearned Revenues
Total current liabilities: 673,650.19

Long Term Liabilities

Notes payable 66,666.67
Bond payable
Total Long Term Liabilities 66,666.67

Total Liabilities 750,316.86

Stockholder’s Equity
Common Stock 150,000.00
Retained earnings 520,000.00
Less: Treasury stock (10,000.00)
Total Stockholder’s Equity: 660,000.00

Total Liabilities and 1,400,316.86

Stockholder’s Equity

Socio Economic Impact

Vision Statement
To become tge leading computershop in Bago City with a commitment to meet oe even exceed
customers need and satisfaction. Aims to be tagged a strusted and well-lieks computer shop in the
Philippines.
Mission Statement
To deliver excellent quality services, operate in a responsible manner being up-to-date with the
upgrading information technology and provide fast internet access in a homelike environment for a
highly reliable and consistently satisfying customer experience.

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