No.

Questions Option RespondentsPercentage

a. Within Bulacan 296 77%
1 Where are you
currently residing? b. Ouside Bulacan 87 23%
TOTAL 383
a. 9 to 24 years old 145 38%
What age bracket b. 25 to 40 years old 126 33%
2 do you belong from
the choice below? c. 41 to 56 years old 99 26%
d. 57 to 75 years old 13 3%
TOTAL 383
Have you tried a. Yes 224 58%
3
garlic sauce before? b. No 159 42%
TOTAL 383
a. Everyday 3 1%
How often do you b. Once a Week 125 33%
4 eat garlic sauce in a c. Twice a week 160 42%
monthly basis? d. Once a month 83 22%
e. Never 12 3%
TOTAL 383
Have you ever
heard of garlic
a. Yes 0 0%
5 sauce with
mangosteen
extract? b. No 383 100%
TOTAL 383
If we are going to
offer garlic sauce
with mangosteen a. Yes 286 75%
6
extract, are you
willing to buy are
product? b. No 97 25%
TOTAL 383
Would you be
interested in trying a. Yes 286 75%
7 garlic sauce with
mangosteen
extract? b. No 97 25%
TOTAL 383
How much are you a. Php 100 296 77%
willing to spend on
a healthy condiment b. Php 150 55 14%
8
which particularly
refers to 500 ml c. Php 200 24 6%
garlic sauce? d. Php 250 8 2%
TOTAL 383
 a. 350 ml 97 25%
What do you think
is the best size of
9 the container if you b. 500 ml 237 62%
will order this c. 750 ml 47 12%
condiment called
Garlicteen Sauce? d. 1 liter 2 1%
TOTAL 383
Are you willing to
spend your money a. Yes 274 72%
10
to try our garlicteen
sauce?  b. No 109 28%
TOTAL 383
 Product
Sample
Target Consum
Respond Percentage
Population Market ents
ption
Location Price
of Barangay

9 - 75
years old
Poblacion 15,978 14,438 45 35 9% 1
Guyong 16,616 15,014 47 39 10% 1
Parada 9,517 8,600 27 15 4% 2

San Vicente 19,007 17,174 54 49 13%

3
Caypombo 32,611 29,467 92 52 14% 4
Pulong
41,563 37,556 118 96 25%
Buhangin 5
Total 135,292 122,249 383 286 75% 6
0.1181001094 7
0.1228158354 8
0.0703441445 9
0.1404887207 10
0.2410415989
0.3072095911

8.729275E-07
9.077834E-07 YEAR CONSUMPTION PRACTICES OF TARG

Poblacion Guyong
5.199431E-07
1.038411E-06 2016 11 12
1.78164E-06 2017 14 15
2.270715E-06 2018 17 19
7.39142E-06 2019 22 25
6.452174E-12 2020 28 31
 2021 35 39

607680 16,540,055.00
12153.6 50
330,801.10

1520448 1,459,417.72
36460.8 992,403.30
1483987.2 467,014.42

YEAR A +
2017 467,014 +
2018 467,014 +
2019 467,014 +
2020 467,014 +
2021 467,014 +

YEAR A +
2022 467,014 +
2023 467,014 +
2024 467,014 +
2025 467,014 +
2026 467,014 +

COMPE
2017 2018
TITOR

Heinz 250,000 262,500

Spar 50,000 52,500
Remia 10,000 10,500
Haveli 10,000 10,500
Others 20,000 21,000
TOTAL 340,000 357,000
 ESTIMATE
D
HISTORIC
AL SUPPLY
(Y)
YEAR X
2017 340,000 1
2018 357,000 2
2019 374,850 3
2020 393,593 4
2021 413,272 5
∑= ∑Y= ∑X=
TOTAL 1,878,715 15

YEAR A B
2017 320,802 18,313
2018 320,802 18,313
2019 320,802 18,313
2020 320,802 18,313
2021 320,802 18,313

1,835,485.00 915680
50 50
-36709.7 18313.6

607754.8 375742.925
110130 54940.8
497624.8 320,802.13

YEAR A B
2022 320,802 18,313
2023 320,802 18,313
2024 320,802 18,313
2025 320,802 18,313
2026 320,802 18,313

TOTAL
HISTORIC TOTAL HISTORICAL
AL SUPPLY
DEMAND
YEAR
2017 797,816 339,115
2018 1,128,617 357,428
2019 1,459,418 375,741
2020 1,790,219 394,054
2021 2,121,020 412,367

TOTAL
TOTAL PROJECTED
PROJECTE
SUPPLY
D DEMAND

YEAR
2022 2,451,821 430,680
2023 2,782,622 448,993
2024 3,113,423 467,306
2025 3,444,224 485,619
2026 3,775,025 503,932

UNSATISFI PERCENTAGE OF
ED MARKET SHARE
DEMAND
YEAR (%)
2022 2,021,141 1%
2023 2,333,629 1.50%
2024 2,646,117 2.00%
2025 2,958,605 2.50%
2026 3,271,093 3.00%
 POPUL
Target Acceptan ATION
Segment ce TOTAL OF THE SAMPLE
Total
Year LOCATION POPUL TARGE RESPON
Population
ATION T DENTS
MARKE
Rate(75 T
90.36%
%)
2016 42,432 38,342 28,756 Caypombo 28,947 20,051 60
2017 53,507 48,349 36,262 Caysio 14,365 9,562 131
2018 67,473 60,968 45,726 Poblacion 12,876 9,484 80
Pulong
2019 85,083 76,881 57,661 36,893 26,063 71
Buhangin
2020 107,289 96,947 72,710 Sta. Cruz 9,211 6,424 56

2021 135,292 122,249 91,687 Total 102,292 71,584 398

2022 170,603 154,157 115,618

2023 215,131 194,392 145,794
2024 271,280 245,128 183,846
2025 342,084 309,107 231,830
2026 431,368 389,784 292,338

AVERAGE

TOTAL
CONSU TOTAL
MPTIO YEARLY PROJECT
N OF PRODUCT YEAR ED
THE CONSUMPT TARGET
TARGE ION
MARKET
T
MARKE
T
N PRACTICES OF TARGET MARKET 75% (B)
Caypomb Pulong
Parada San Vicente
o Buhangin
5 15 16 30 89.7 67
6 19 21 38 113 85 2017 38,342
7 24 26 48 143 107 2018 48,349
9 31 33 60 180 135 2019 60,968
12 39 41 76 227 170 2020 76,881
 15 49 52 96 286 215 2021 96,947

HISTO
RICAL
Y
VALUE
S YEAR
1,443,144 2017 870,283
2,961,600 2018 1,097,427
4,558,320 2019 1,383,855
6,236,352 2020 1,745,041
7,998,840 2021 2,200,482
114033600 23,198,256 TOTAL 7,297,089

B (X) YC
330,801 1 797,816
330,801 2 1,128,617
330,801 3 1,459,418
330,801 4 1,790,219
330,801 5 2,121,020

B (X) YC
330,801 6 2,451,821
330,801 7 2,782,622
330,801 8 3,113,423
330,801 9 3,444,224
330,801 10 3,775,025

2019 2020 2021 TOTAL

275,625 289,406 303,877 1,381,408

55,125 57,881 60,775 276,282
11,025 11,576 12,155 55,256
11,025 11,576 12,155 55,256
22,050 23,153 24,310 110,513
374,850 393,593 413,272 1,878,715
 X2 XY
1 340,000
4 714,000
9 1,124,550
16 1,574,370
25 2,066,361
∑X2= ∑XY=
55 5,819,281

(X) YC
1 339,115
2 357,428
3 375,741
4 394,054
5 412,367

(X) YC
6 430,680
7 448,993
8 467,306
9 485,619
10 503,932

PERCENT
AGE
UNSATIS
FIED
DEMAND
GAP (%)
458,701 57.49%
 771,189 68.33%
1,083,677 74.25%
1,396,165 77.99%
1,708,653 80.56%

PERCENT
AGE
UNSATIS
FIED
EMAND
GAP (%)
2,021,141 82.43%
2,333,629 83.86%
2,646,117 84.99%
2,958,605 85.90%
3,271,093 86.65%

PROJEC
TED
MARKE
T
SHARE
20,211
35,004
52,922
73,965
98,133
PRODU
CT
CONSU
PERCE
MPTIO
NTAGE
N
PRACTI
CE

50 12%
110 28%
67 17%

59 15%

47 12%

334 84%

TARGE PROJE
T CTED AVERAGE
MARKE PRODU MONTHL
TOTAL
T CT Y
HISTOR
PERCE PERCE PRODUCT
ICAL
NTAGE NTAGE CONSUMP
DEMAN
OF OF TION
D
CONSU CONSU PRACTICE
MPTIO MPTIO S
N N

75% (D) (E) (F)

(C) (C x D) (E x 12)

36,262 2 72,524 870,283

45,726 2 91,452 1,097,427
57,661 2 115,321 1,383,855
72,710 2 145,420 1,745,041
91,687 2 183,374 2,200,482

X X2 XY

1 1 870,283
2 4 2,194,854
3 9 4,151,566
4 16 6,980,166
5 25 11,002,410
15 55 25,199,278
25,199,278
 20,211 Qty Unit Price
1/2 cup water, divided 40,422 cups 50 pieces 120 6,000.00
2 tablespoons chopped garlic 5,053 bulbs 350.00 kilos 150 52,500.00
1 teaspoon garlic powder 3,369 grams 300.00 pieces 200 60,000.00
2 cups heavy cream 3,369 grams 1,500.00 pieces 215 322,500.00
1 tablespoon chopped fresh parsley 3,369 grams 1,000.00 pieces 50 50,000.00
2 tablespoons of mangosteen extract 3,369 grams 300.00 kilos 369 110,700.00
2 tablespoons cornstarch 3,369 grams 350.00 pieces 90 31,500.00
salt 10 kilos 100.00 kilos 25 2,500.00
Pepper 10 kilos 100.00 kilos 580 58,000.00
693,700.00
34.32
 Garlicteen Sauce
Schedule of Initial Project Cost
(In Philippine Peso)

FIXED ASSETS UNIT UNIT COST

Production Equipment
Stove 1 1,200.00
Refrigerator 1 11,000.00
TOTAL

Office Equipment
Printer 1 5,950.00
Laptop 1 32,000.00
Fire Extinguisher 1 945.00
Ceiling Fan 2 1,500.00
LED Tube Light with Batten Housing 1 190.00
Light Bulb 2 40.00
TOTAL

Furniture & Fixtures

Production Table and Chairs 1 8,000.00
Office Table and Chairs 1 3,800.00
Storage Cabinet 1 9,750.00
TOTAL

Leasehold Improvement
Paint, Lightings and Construction Materials 25,000.00
TOTAL
TOTAL FIXED ASSETS

PRE-OPERATING EXPENSES
Document Expense
Mayor's Business Permit
Fire Safety Fee
BIR Registration & Certification
DTI Registration
Barangay Clearance
Business Plate
Sanitary Permit
Fire Inspection Permit
TOTAL
Advertising Expense
Flyers 100 15.00
Facebook Advertisement 2 1,000.00
Facebook Boosting 24 300.00
Tarpaulin 3 120.00
TOTAL

Project Feasibility Cost/Expense

TOTAL PRE-OPERATING COST

Inventories UNIT UNIT COST

Raw Materials
Garlic 150 300.00
Garlic Powder 200 300.00
Heavy Cream 215 1,500.00
Parsley 50 1,000.00
Salt 40 100.00
Black Pepper (Cracked) 245 100.00
Cornstarch 90 350.00
Mangosteen 369 300.00
Water 120 50.00
TOTAL

Indirect Materials
Jar 20,000 25.00
Sticker and Labels 5,000 5.00
Bubble wrap 5,000 8.00
Boxes 10,000 10.00
TOTAL

Production Supplies
Mincer/ Grinder 1 130.00
Knife 3 70.00
Chopping Board 3 60.00
Mixing Bowl 5 25.00
Sauce Pan 5 120.00
Mixing Spoon 3 22.00
Measuring Spoons 1 29.00
Measuring Cups 1 85.00
TOTAL

Office Supplies
Pen 1 50.00
General Ledger 12 100.00
Calculator 2 400.00
Receipts 500 15.00
TOTAL

Sanitary Supplies
Dishwashing Soap 15 40.00
Kitchen Towel 20 8.00
Broom and Dustpan 1 120.00
Trashbin 2 50.00
Garbage Bags 4 30.00
Mop 1 95.00
Toilet Paper (12 rolls) 3 98.00
Alcohol 2 135.00
Facemasks 8 37.00
TOTAL

Prepaid Utility Expense (1mos)

Water Supply 1 300.00
Electricity 1 800.00
Internet Consumption 1 1,300.00
TOTAL

Rent
Prepaid Rent 1 8,000.00
Rent Deposit 1 8,000.00
TOTAL
Total Working Capital

Total Initial Project Cost

Total Investment Required

Salary Wala pa
TOTAL

1,200.00
11,000.00
12,200.00

5,950.00
32,000.00
945.00
3,000.00
190.00
80.00
42,165.00

8,000.00
3,800.00
9,750.00
21,550.00

25,000.00
25,000.00
100,915.00

AMOUNT

900.00
500.00
1,000.00
500.00
100.00
1,000.00
500.00
500.00
5,000.00
 1,500.00
2,000.00
7,200.00
360.00
11,060.00

2,000.00
18,060.00

TOTAL

45,000.00
60,000.00
322,500.00
50,000.00
4,000.00
24,500.00
31,500.00
110,700.00
6,000.00
654,200.00

500,000.00
25,000.00
40,000.00
100,000.00
665,000.00

130.00
210.00
180.00
125.00
600.00
66.00
29.00
85.00
1,425.00

50.00
 1,200.00
800.00
7,500.00
9,550.00

600.00
160.00
120.00
100.00
120.00
95.00
294.00
270.00
296.00
2,055.00

300.00
800.00
1,300.00
2,400.00

8,000.00
8,000.00
16,000.00
1,350,630.00

1,469,605.00
1,500,000.00
 Garlicteen Sauce
YEARLY PAYROLL SHEET (2022)

Names Position Salary SSS PhilHealth

3% 4%
400*6days*52weeks ((400*26)*3%)*12 ((400*26)*4%)*12
1 Store Manager 124,800.00 3,744.00 4,992.00
2 Online Mktg Mngr 124,800.00 3,744.00 4,992.00
3 Asst. Mngr. 124,800.00 3,744.00 4,992.00
4 Asst. Mngr. 124,800.00 3,744.00 4,992.00
5 Cook 124,800.00 3,744.00 4,992.00
6 Cook 124,800.00 3,744.00 4,992.00
7 Packaging Staff 124,800.00 3,744.00 4,992.00
8 Packaging Staff 124,800.00 3,744.00 4,992.00
9 Accountant 124,800.00 3,744.00 4,992.00
TOTAL: 1,123,200.00 33,696.00 44,928.00

Garlicteen Sauce
YEARLY PAYROLL SHEET (2023)

Names Position Gross Pay SSS PhilHealth

2.50% 4.50%
547*312 ((547*26)*2.5%)*12 ((547*26)*4.5%)*12

1 Kitchen Staff/Cook 170,664.00 4266.60 7679.88

2 Kitchen Staff/Cook 170,664.00 4266.60 7679.88
3 BusPerson/ Servers 170,664.00 4266.60 7679.88
4 BusPerson/ Servers 170,664.00 4266.60 7679.88
5 Dish Washers 170,664.00 4266.60 7679.88
6 Dish Washers 170,664.00 4266.60 7679.88
7 Cashier 170,664.00 4266.60 7679.88
TOTAL: 1,194,648.00 29,866.20 53,759.16

Hijo
YEARLY PAYROLL SHEET (2024)

Names Position Gross Pay SSS PhilHealth

4.0% 5.0%
552*312 ((552*26)*4%)*12 ((552*26)*5%)*12

1 Kitchen Staff/Cook 172,224.00 6888.96 8611.2

2 Kitchen Staff/Cook 172,224.00 6888.96 8611.2
3 BusPerson/ Servers 172,224.00 6888.96 8611.2
4 BusPerson/ Servers 172,224.00 6888.96 8611.2
 5 Dish Washers 172,224.00 6888.96 8611.2
6 Dish Washers 172,224.00 6888.96 8611.2
7 Cashier 172,224.00 6888.96 8611.2
TOTAL: 1,205,568.00 48,222.72 60,278.40

Hijo
YEARLY PAYROLL SHEET (2025)

Names Position Gross Pay SSS PhilHealth

4.5% 5.0%
580*312 ((580*26)*4.5%)*12 ((580*26)*5%)*12

1 Kitchen Staff/Cook 180,960.00 8143.20 9,048.00

2 Kitchen Staff/Cook 180,960.00 8143.20 9,048.00
3 BusPerson/ Servers 180,960.00 8143.20 9,048.00
4 BusPerson/ Servers 180,960.00 8143.20 9,048.00
5 Dish Washers 180,960.00 8143.20 9,048.00
6 Dish Washers 180,960.00 8143.20 9,048.00
7 Cashier 180,960.00 8143.20 9,048.00
TOTAL: 1,266,720.00 57,002.40 63,336.00

Hijo
YEARLY PAYROLL SHEET (2026)

Names Position Gross Pay SSS PhilHealth

5.0% 5.0%
600*312 ((600*26)*5%)*12 ((600*26)*5%)*12

1 Kitchen Staff/Cook 187,200.00 9,360.00 9,360.00

2 Kitchen Staff/Cook 187,200.00 9,360.00 9,360.00
3 BusPerson/ Servers 187,200.00 9,360.00 9,360.00
4 BusPerson/ Servers 187,200.00 9,360.00 9,360.00
5 Dish Washers 187,200.00 9,360.00 9,360.00
6 Dish Washers 187,200.00 9,360.00 9,360.00
7 Cashier 187,200.00 9,360.00 9,360.00
TOTAL: 1,310,400.00 65,520.00 65,520.00
T (2022)

HDMF Total Deductions Net Pay Working Days in a year: 312

2% Working Days in a Month 26
((400*26)*2%)*12
2,496.00 11,232.00 113,568.00 SSS ((537 minimum wage x 2
2,496.00 11,232.00 113,568.00
2,496.00 11,232.00 113,568.00
2,496.00 11,232.00 113,568.00
2,496.00 11,232.00 113,568.00
2,496.00 11,232.00 113,568.00
2,496.00 11,232.00 113,568.00
2,496.00 11,232.00 113,568.00
2,496.00 11,232.00 113,568.00
22,464.00 101,088.00 1,022,112.00

T (2023)

HDMF Total Deductions Net Pay

2.00%
((547*26)*2%)*12

3413.28 15,359.76 155,304.24

3413.28 15,359.76 155,304.24
3413.28 15,359.76 155,304.24
3413.28 15,359.76 155,304.24
3413.28 15,359.76 155,304.24
3413.28 15,359.76 155,304.24
3413.28 15,359.76 155,304.24
23,892.96 107,518.32 1,087,129.68

T (2024)

HDMF Total Deductions Net Pay

2.5%
((552*26)*2.5%)*12

4305.6 19,805.76 152,418.24

4305.6 19,805.76 152,418.24
4305.6 19,805.76 152,418.24
4305.6 19,805.76 152,418.24
 4305.6 19,805.76 152,418.24
4305.6 19,805.76 152,418.24
4305.6 19,805.76 152,418.24
30,139.20 138,640.32 1,066,927.68

T (2025)

HDMF Total Deductions Net Pay

2.5%
((580*26)*2.5%)*12

4,524.00 21,715.20 159,244.80

4,524.00 21,715.20 159,244.80
4,524.00 21,715.20 159,244.80
4,524.00 21,715.20 159,244.80
4,524.00 21,715.20 159,244.80
4,524.00 21,715.20 159,244.80
4,524.00 21,715.20 159,244.80
31,668.00 152,006.40 1,114,713.60

T (2026)

HDMF Total Deductions Net Pay

2.5%
((600*26)*2.5%)*12

4,680.00 23,400.00 163,800.00

4,680.00 23,400.00 163,800.00
4,680.00 23,400.00 163,800.00
4,680.00 23,400.00 163,800.00
4,680.00 23,400.00 163,800.00
4,680.00 23,400.00 163,800.00
4,680.00 23,400.00 163,800.00
32,760.00 163,800.00 1,146,600.00
 6 days*52weeks

((537 minimum wage x 26 days on a month)x 3% SSS)x 12 months

 Item Quantity Per Unit Unit Price Total Unit Cost
Garlic 300 kilos ₱150 ₱45,000
300 pieces of a 1 kilo
Garlic Powder ₱200 ₱60,000
garlic powder
1500 pieces of 500 ml
Heavy Cream ₱215 ₱322,500
heavy cream
1000 pieces of 100
Parsley ₱50 ₱50,000
gram parsley
Salt 100 kilos ₱40 ₱4,000
Black Pepper
100 kilos ₱245 ₱24,500
(Cracked)
350 pieces of 500 ml
Cornstarch ₱90 ₱31,500
conrstarch
Mangosteen 300 kilos ₱369 ₱110,700
50 pieces of
Water ₱120 ₱6,000
5-gallon water
TOTAL ₱693,700.00

Item Quantity Per Unit Unit Price Total Unit Cost

Mincer/ Grinder 1 ₱130 ₱130
Knife 3 ₱70 ₱210
Chopping Board 3 ₱60 ₱180
Mixing Bowl 5 ₱25 ₱125
Sauce Pan 5 ₱120 ₱600
Mixing Spoon 3 ₱22 ₱66
Measuring Spoons 1 ₱29 ₱29
Measuring Cups 1 ₱85 ₱85
TOTAL ₱1,425.00

Item Quantity Per Unit Unit Price Total Unit Cost

Pen 1 box ₱50 ₱50
General Ledger 12 ₱100 ₱1,200
Calculator 2 ₱400 ₱800
Receipts 500 ₱15 ₱7,500
TOTAL ₱9,550.00
 Garlicteen Sauce
Schedule 1 Projected Sale
2022 2023 2024 2025
Projected Market Share 20,211 35,004 52,922 73,965

Less: 10% Ending Inventory

2,021 3,500 5,292 7,397
of Finished Goods

TOTAL 18,190 31,504 47,630 66,569

Multiply: Selling Price 100 100 100 100
NET SALES 1,819,026.92 3,150,399.32 4,763,011.00 6,656,861.98
See Table 13 for the Projected Market Share (2022-2026)

Garlicteen Sauce
Schedule 2. Cost of Goods Sold
2022 2023 2024 2025
Raw Material 654,200 686,910 721,256 757,318
Add: Direct Labor 1,123,200 1,123,200 1,123,200 1,123,200
Overhead Cost 668,825 668,825 668,825 668,825

Total Manufacturing Cost 2,446,225 2,478,935 2,513,281 2,549,343

Add: Finished Goods Beg.

0 244,623 63,602 64,684
Inventory
Cost of Goods Available
2,446,225 2,723,558 2,576,883 2,614,027
for Sale
Less: Finished Goods
244,623 272,356 257,688 261,403
Ending Inventory (10%)
Cost of Goods Sold 2,201,603 2,451,202 2,319,194 2,352,625

Garlicteen Sauce
Schedule 2.1 Purchases
Raw Materials 2022 2023 2024 2025
Garlic 45,000 67,500 101,250 151,875
Garlic Powder 60,000 90,000 135,000 202,500
Heavy Cream 322,500 483,750 725,625 1,088,438
Parsley 50,000 75,000 112,500 168,750
Salt 4,000 6,000 9,000 13,500
Black Pepper (Cracked) 24,500 36,750 55,125 82,688
Cornstarch 31,500 47,250 70,875 106,313
Mangosteen 110,700 166,050 249,075 373,613
Water 6,000 9,000 13,500 20,250
TOTAL 654,200 981,300 1,471,950 2,207,925
 Garlicteen Sauce
Schedule 2.2 Direct Labor
2022 2023 2024 2025
Production Worker 1,022,112 1,022,112 1,022,112 1,022,112
Contribution 101,088 101,088 101,088 101,088
Total Labor Cost 1,123,200 1,123,200 1,123,200 1,123,200

Garlicteen Sauce
Schedule 2.3 Overhead Cost
2022 2023 2024 2025
Indirect Material 665,000 665,000 665,000 665,000
Production Supplies 1,425 1,425 1,425 1,425
Utility Expense Prod. 2,400 2,400 2,400 2,400
Total Overhead Cost 668,825 668,825 668,825 668,825

Garlicteen Sauce
Schedule 3 General & Administrative Expense
2022 2023 2024 2025
Salary Expense 1,123,200 1,123,200 1,123,200 1,123,200
Permit & Licenses 5,000.00 5,000.00 5,000.00 5,000.00
Utilities Expense 28,800 28,800 28,800 28,800
Rent Expense 96,000 96,000 96,000 96,000
Depreciation Expense 14,975.43 14,975.43 14,975.43 14,975.43
Total Gen. & Admin Expen 1,267,975.43 1,267,975.43 1,267,975.43 1,267,975.43

Note 1 Depreciation Expense

Depreciation
Cost Useful Life
2022 2023

Production Equipment
Stove 1,200.00 5 240.00 240.00
Refrigerator 11,000.00 10 1,100.00 1,100.00
TOTAL 1,340.00 1,340.00

Office Equipment
Printer 5,950.00 7 850.00 850.00
Laptop 32,000.00 7 4,571.43 4,571.43
Fire Extinguisher 945.00 5 189.00 189.00
Ceiling Fan 3,000.00 5 600.00 600.00
LED Tube Light with Batten 190.00 1 190.00 190.00
Light Bulb 80.00 1 80.00 80.00
TOTAL 6,480.43 6,480.43

Furniture & Fixtures

Production Table and Chairs 8,000.00 10 800.00 800.00
Office Table and Chairs 3,800.00 10 380.00 380.00
Storage Cabinet 9,750.00 10 975.00 975.00
TOTAL 2,155.00 2,155.00

Leasehold Improvement
Paint, Lightings and Construc 25,000.00 5 5,000.00 5,000.00
Total Depreciation 14,975.43 14,975.43
 2026
98,133

9,813

88,320
100
8,831,952.24

2026
795,184 5%
1,123,200 Raw Materials
668,825 Payroll Sheet

2,587,209

65,259

2,652,468

265,247

2,387,221

2026
227,813
303,750
1,632,656
253,125
20,250
124,031
159,469
560,419
30,375
3,311,888
 2026
1,022,112
101,088
1,123,200

2026
665,000
1,425
2,400
668,825

2026
1,123,200
5,000.00
28,800
96,000
14,975.43
1,267,975.43

Depreciation
2024 2025 2026

240.00 240.00 240.00

1,100.00 1,100.00 1,100.00
1,340.00 1,340.00 1,340.00

850.00 850.00 850.00

4,571.43 4,571.43 4,571.43
189.00 189.00 189.00
600.00 600.00 600.00
190.00 190.00 190.00
 80.00 80.00 80.00
6,480.43 6,480.43 6,480.43

800.00 800.00 800.00

380.00 380.00 380.00
975.00 975.00 975.00
2,155.00 2,155.00 2,155.00

5,000.00 5,000.00 5,000.00

14,975.43 14,975.43 14,975.43
 Garlicteen Sauce
Projected Income Statement
For the year Ending December 31
2022 2023 2024 2025 2026
Net Sales 1,819,027 3,150,399 4,763,011 6,656,862 8,831,952
Less: Cost of Goods Sold 2,201,603 2,451,202 2,319,194 2,352,625 2,387,221
Gross Profit (382,576) 699,198 2,443,817 4,304,237 6,444,731
Less: Operating Expense
General & Admin Expense 1,267,975 1,267,975 1,267,975 1,267,975 1,267,975
Selling Expense 11,060 16,590 24,885 37,328 55,991
Total Op. Expense 1,279,035 1,284,565 1,292,860 1,305,303 1,323,967
Net Income Before Tax (1,661,611) -585,368 1,150,956 2,998,934 5,120,764
Less: Income Tax (30%) 0 0 600,256 675,566 744,649
Net Income After Tax (1,661,611) -585,368 550,700 2,323,368 4,376,115
 Garlicteen Sauce
Projected Cash Flow
For the year Ending December 31
2022 2023 2024 2025 2026
Beginning Cash Balance 1,500,000 604,446 808,550 1,526,065 3,313,703
Add: Net Sale 1,819,027 3,150,399 4,763,011 6,656,862 8,831,952
Total Cash Inflow 3,319,027 3,754,846 5,571,561 8,182,927 12,145,655
Less: Cash Disbursement
Purchases 654,200 981,300 1,471,950 2,207,925 3,311,888
Indirect Material 665,000 665,000 665,000 665,000 665,000
Direct Labor Cost 1,123,200 1,123,200 1,123,200 1,123,200 1,123,200
Utilities Expense 28,800 28,800 28,800 28,800 28,800
Rent Expense 96,000 96,000 96,000 96,000 96,000
Depreciation Expense 14,975 14,975 14,975 14,975 14,975
Production Supplies 1,425 1,425 1,425 1,425 1,425
Production Supplies 2,400 2,400 2,400 2,400 2,400
Office Supplies 9,550 9,550 9,550 9,550 9,550
Sanitary Supplies 2,055 2,055 2,055 2,055 2,055
Permit & Licenses 5,000 5,000 5,000 5,000 5,000
Selling Expense 11,060 16,590 24,885 37,328 55,991
Production Equipment 12,200 - - - -
Furniture & Fixture 21,550 - - - -
Office Equipment 42,165 - - - -
Leasehold Improvement 25,000
Income Tax 0 0 600,256 675,566 744,649
Total Cash Outflow 2,714,580 2,946,295 4,045,496 4,869,224 6,060,933
Ending Cash Balance 604,446 808,550 1,526,065 3,313,703 6,084,722
 Garlicteen Sauce
Projected Statements of Financial Position
For the Years Ended Decemeber 31, 2023-2027
(In Philippine Peso)

2022 2023
ASSETS
Current Assets
Cash and Cash Equivalents 604,446.49 808,550.38
Raw Materials 654,200.00 686,910.00
Indirect Materials 665,000.00 665,000.00
Production Supplies 1,425.00 1,425.00
Office Supplies 9,550.00 9,550.00
Sanitary Supplies 2,055.00 2,055.00
Rent Deposit 8,000.00 8,000.00
TOTAL CURRENT ASSETS 1,944,676.49 2,181,490.38
Non-Current Assets
Production Equipment 12,200.00 10,860.00
Less: (Accumulated Depreciation) (1,340.00) (1,340.00)
Office Equipment 42,165.00 35,684.57
Less: (Accumulated Depreciation) (6,480.43) (6,480.43)
Furniture and Fixtures 21,550.00 19,395.00
Less: (Accumulated Depreciation) (2,155.00) (2,155.00)
Leasehold Improvement 25,000.00 20,000.00
Less: (Accumulated Depreciation) (5,000.00) (5,000.00)
TOTAL NON CURRENT ASSETS 85,939.57 70,964.14
Total Assets 2,030,616.06 2,252,454.52

Liabilities 2022 2023

Loan's Payable 2,091,139.07 1,836,734.38
Taxes Payable - -
SSS Premiums Payable 33,696.00 33,696.00
PhilHealth Premiums Payable 44,928.00 44,928.00
Pag-IBIG Premiums Payable 22,464.00 22,464.00
Total Liablilities 2,192,227.07 1,937,822.38

Beginning Partner's Equity 1,500,000.00 900,000.00

Add: Net Income (1,661,611.01) (585,367.86)
Total Partner's Equity (161,611.01) 314,632.14
Total Liabilities and Partner's Equity 2,030,616.06 2,252,454.52
166,666.67
en Sauce
of Financial Position
ecemeber 31, 2023-2027
pine Peso)

2024 2025 2026

<<<<<<<<<See Yearly Tabs for Com

1,526,064.95 3,313,703.00 6,084,722.06

721,255.50 757,318.28 795,184.19
665,000.00 665,000.00 665,000.00
1,425.00 1,425.00 1,425.00
9,550.00 9,550.00 9,550.00
2,055.00 2,055.00 2,055.00
8,000.00 8,000.00 8,000.00
2,933,350.45 4,757,051.27 7,565,936.25

9,520.00 8,180.00 6,840.00

(1,340.00) (1,340.00) (1,340.00)
29,204.14 22,723.71 16,243.29
(6,480.43) (6,480.43) (6,480.43)
17,240.00 15,085.00 12,930.00
(2,155.00) (2,155.00) (2,155.00)
15,000.00 10,000.00 5,000.00
(5,000.00) (5,000.00) (5,000.00)
55,988.71 41,013.29 26,037.86
2,989,339.16 4,798,064.56 7,591,974.11

2024 2025 2026

837,294.84 798,042.06 1,470,121.91
600,256.00 675,566.00 744,649.00
33,696.00 33,696.00 33,696.00
44,928.00 44,928.00 44,928.00
22,464.00 22,464.00 22,464.00
1,538,638.84 1,574,696.06 2,315,858.91

900,000.00 900,000.00 900,000.00

550,700.32 2,323,368.50 4,376,115.19
1,450,700.32 3,223,368.50 5,276,115.19
2,989,339.16 4,798,064.56 7,591,974.10
See Yearly Tabs for Computation
 Social Housing Finance Corporation
FINANCIAL RATIO ANALYSIS
(in millions)

LIQUIDITY RATIOS

CURRENT RATIO 2019 2018 2017

Current Assets 7,369,084,533 8,589,880,189 6,040,135,275

Current Liabilities 3,026,656,057 2,892,652,520 2,628,858,529

2.4347280939645 2.969551347633 2.29762659662695

2.43:1 2.97:1 2.30:1

ACID-TEST RATIO 2019 2018 2017

Current Assets- Inventories 7,363,430,627 8,585,698,713 6,037,279,449

Current Liabilities 3,026,656,057 2,892,652,520 2,628,858,529

2.4328600567666 2.9681057968898 2.29654025973643

2.43:1 2.97:1 2.30:1

Cash Ratio 2019 2018 2017

Cash and cash equivalents 5,139,064,906 4,043,304,515 2,141,192,397

Current Liabilities 3,026,656,057 2,892,652,520 2,628,858,529

1.6979348853984 1.3977843819969 0.81449510248636

1.70:1 1.40:1 0.81:1
 Garlicteen Sauce
FINANCIAL RATIO ANALYSIS
(in millions)

SOLVENCY RATIOS

DEBT-TO-EQUITY RATIO 2022 2023

Total Liabilities 2,192,227.07 1,937,822.38

Total Equity (161,611.01) 6,170,839,446.00

-13.5648375277775 0.00031402897400873
3.37:1 3.43:1

DEBT RATIO 2019 2018

Total Liabilities 2,192,227 1,937,822

Total Assets 28,197,893,054 27,361,085,100

7.7744357203597E-05 7.0824032486928E-05
0.77:1 0.77:1

EQUITY RATIO 2019 2018

Total Equity (161,611) 6,170,839,446

Total Assets 28,197,893,054 27,361,085,100

-5.7313150300839E-06 0.225533432736555
0.23:1 0.23:1
arlicteen Sauce
IAL RATIO ANALYSIS
(in millions)

VENCY RATIOS

2024 2025 2026

1,538,638.84 1,574,696.06 2,315,858.91

5,514,450,087.00

0.00041996189528662
3.21:1

2017

2,315,859
23,221,147,751

9.9730596214835E-05
0.76:1

2017

5,514,450,087
23,221,147,751

0.237475345582887
0.24:1

RETURN ON Invested
 Garlicteen Sauce
FINANCIAL RATIO ANALYSIS
(in millions)

PROFITABILITY RATIOS

GROSS PROFIT RATIO 2022 2023 2024

Gross Profit (382,576) 699,198 2,443,817

Net Sales 1,819,027 3,150,399 4,763,011

-21.03% 22.19% 51.31%

Net Profit Ratio 2022 2023 2024

Net Profit (1,661,611) (585,368) 550,700

Net Sales 1,819,027 3,150,399 4,763,011

-91.35% -18.58% 11.56%

RETURN ON ASSETS 2022 2023 2024

Net Profit (1,661,611) (585,368) 550,700

Total Assets 2,030,616 2,252,455 2,989,339

-81.83% -25.99% 18.42%

RETURN ON EQUITY 2022 2023 2024

Net Profit (1,661,611) (585,368) 550,700

Total Equity (161,611) 314,632 1,450,700

1028.15% -186.05% 37.96%

RETURN ON Invested Capital 2022 2023 2024

Net Profit (1,661,611) (585,368) 550,700

Total Investment 1,500,000 900,000 900,000

-1.1077406721858 -0.6504087368136 0.61188924668239

-110.77% -65.04% 61.19%

RETURN ON SALES 2022 2023 2024

 Net Profit (1,661,611) (585,368) 550,700
NET SALES 1,819,027 3,150,399 4,763,011

-91.35% -18.58% 11.56%

 Garlicteen Sa
FINANCIAL RATIO
(in million

TURNOVER R

2025 2026 RECEIVABLE TURNOVER

4,304,237 6,444,731 Net Credit Sales

6,656,862 8,831,952 Average Accounts Receivable

64.66% 72.97%

2025 2026 Days of Receivable

2,323,368 4,376,115 365 days in a year

6,656,862 8,831,952 Receivable Turnover

34.90% 49.55%

2025 2026 Asset Turnover

2,323,368 4,376,115 Net Sales

4,798,065 7,591,974 Average Assets

48.42% 57.64%

2025 2026 INVENTORY TURNOVER

2,323,368 4,376,115 Cost of Sales

3,223,368 5,276,115 Average Inventory

72.08% 82.94%

2025 2026

2,323,368 4,376,115
900,000 900,000

2.58152055517839 4.86235021381327
258.15% 486.24%

2025 2026
2,323,368 4,376,115
6,656,862 8,831,952

34.90% 49.55%
 Garlicteen Sauce
FINANCIAL RATIO ANALYSIS
(in millions)

TURNOVER RATIOS

2019 2018 2017

660,858,627 571,644,715 596,461,525

106,019,765 96,611,719 81,219,142.00

6.23335 5.91693 7.34385

6.23 5.92 7.34

2019 2018 2017

365 365 365

6.23335 5.91693 7.34385

58.56 61.68740 49.70142

58.56 61.69 49.7

2019 2018 2017

660,858,627 571,644,715 596,461,525

27,779,489,077 25,291,116,426 22,088,240,651

0.02378944498205 0.02260258920099 0.02700357780523

0.02 0.02 0.03

2019 2018 2017

N/A - -
N/A - -

0 0 0
0 0 0