ABM 2: FUNDAMNETALS OF OF

UNIVERSITY ACCOUNTING, BUSINESS

CEBU – BANILAD AND MANAGEMENT 2
CAMPUS
SENIOR HIGHSCHOOL DEPARTMENT
Miss Kimberly Nicanor

NAME: JEAN ROSE BORRES DATE: 10/30/21

STRAND & SECTION: ABM - FAITH SCHEDULE: TUE. & THURS.
SUBJECT TOPIC: ANALYSIS WORKSHEET #: 2.1

2017 2016 amount %

Net sales 450,000 375,000 75,000 20
COGS 315,000 300,000 15,000 5
Gross Profit 135,000 75,000 60,000 80
Operating 101,250 60,000 41,250 68.75
Expenses
Net Income 33,750 15,000 18,750 125

There is an increase in sales by 20% and the net income also increases by 125%.
There is also an increase in COGS (5%) and on expenses (68.75) but since the increase in
sales is more than the increase cost then this results to the increase in net income.
 ABM 2: FUNDAMNETALS OF OF
UNIVERSITY ACCOUNTING, BUSINESS
CEBU – BANILAD AND MANAGEMENT 2
CAMPUS
SENIOR HIGHSCHOOL DEPARTMENT
Miss Kimberly Nicanor

2017 2016 % in 2017 % in 2016

Net sales 450,000 375,000 43% 45%
COGS 315,000 300,000 30% 36%
Gross Profit 135,000 75,000 13% 9.09%
Operating 101,250 60,000 9.78% 7.3%
Expenses
Net Income 33,750 15,000 3.26% 1.8%
total 1,035,000 825,000
 ABM 2: FUNDAMNETALS OF OF
UNIVERSITY ACCOUNTING, BUSINESS
CEBU – BANILAD AND MANAGEMENT 2
CAMPUS
SENIOR HIGHSCHOOL DEPARTMENT
Miss Kimberly Nicanor

2017 2016 amount %

Current assets 210,000 180,000 30,000 16.67
PPE 420,000 250,000 170,000 680
Total asset 630,000 430,000 (70,000) (16.28)
Current liability90,000 100,000 (10,000) 10
Non-current 250,000 150,000 100,000 66.67
liability
Total liability 340,000 250,000 90,000 36
Owners equity 290,000 180,000 110,000 61.11
Total liab. & 630,000 430,000 200,000 46.51
equity
 ABM 2: FUNDAMNETALS OF OF
UNIVERSITY ACCOUNTING, BUSINESS
CEBU – BANILAD AND MANAGEMENT 2
CAMPUS
SENIOR HIGHSCHOOL DEPARTMENT
Miss Kimberly Nicanor

2017 2016 % in 2017 % in 2016

Current assets 210,000 180,000 17 21
PPE 420,000 250,000 33 29
Total asset 630,000 430,000 50 50
Current liability 90,000 100,000 7 12
Non-current 250,000 150,000 20 17
liability
Total liability 340,000 250,000 27 29
Owners equity 290,000 180,000 23 21
Total liab. & 630,000 430,000 50 50
equity
Total 1,260,000 860,000