Ending Inventory

All Purpose Flour 0.75 Grams 63 0.25 Grams

Sugar 0.5 Grams 41 0 Grams
Cacao 110.7 Grams 42 389.3 Grams
Baking Soda 4 Grams 0.35 246 Grams
Baking Powder 16 Grams 4.48 Grams
Coffee 20 Grams 12.8 5 Grams
Salt 4 Grams 0.08 246 Grams
Eggs 12 Pcs 96 0 Pcs
Vanilla 7.38 Grams 1.0332 12.62 Grams
Milk 630.902 Grams 75.70824 109.098 Grams
Vinegar 28.4 Grams 1.2496 171.6 Grams
Butter 454.4 Grams 118.144 45.6 Grams
Cooking Oil 297 Grams 17.226 703 Grams
Powdered Sugar 72 Grams 3.6 428 Grams
Whip cream 675 Grams 135 355 Grams
Food Color 5 Pcs 100 0 Pcs
Cupcake box 13 Pcs 208 0 Pcs
Ribbon 13 Yards 4.03 0 Yards
Cupcake liner 50 Pcs 27.5 0 Pcs
Tip 6 Pcs 70 0 Pcs
Piping bag 10 Pcs 5 0 Pcs
Sticker(logo) 2 Pcs 35 0 Pcs
Sprinkles 20 Grams 22 0 Grams
Total Cost 1,083.20
Total Cost per pc 21.664021
ITEMS QUANTITY PRICE
All Purpose Flour 1KG 84
Sugar 1/2 KG 36
Cacao 1/2 KG 190
Baking Soda 1 PACK 22
Baking Powder 1PACK 14
Coffee 25G 24
Salt 1/4KG 5
Eggs 12PCS. 96
Vanilla 1 BOTTLE 36
Milk 2CAN 70
Vinegar 200ML 11
Butter 2 BARS 104
Cooking Oil 1 LITER 58
Powdered Sugar 1/2 KG 25
Whip cream 1 BOX 210
Cupcake box 13PCS 208
Ribbon 25 YARDS 80
Cupcake liner 100PCS. 55
Tip 6PCS 80
Piping bag 10PCS. 5
Sticker(logo) 2PCS 35
Sprinkles 50G 55
1,503.00
 CABCAKESTUDIO
Projected Income Statement
Five-Year Period

Year 1 Year 2
Revenues
Sales 842,400.00 926,640.00
Less: Cost of Goods Sold 389,952.00 428,947.20
Gross Profit 452,448.00 1,355,587.20
Cost of Sales
Mdse Invtry, beg. - 10,521.00
Add: Net Purchases #REF! #REF!
Total Goods Available for Sale #REF! #REF!
Less: Mdse Invtry, end 30,000.00 32,400.00
#REF! #REF!
Gross Income #REF! #REF!
Operating Expenses
Permits and Licenses 3,000.00 9,000.00
Office Supplies 12,000.00 13,200.00
Transportation 109,000.00 24,000.00
Utilities 60,000.00 66,000.00
Total Operating Expenses 184,000.00 112,200.00
Net Income before Tax #REF! #REF!
Less:Income Tax 16,786.22 51,733.39
NET INCOME #REF! #REF!

RETURN ON INVESTMENT 22% 21%

RETURN ON SALES 23% 21%

RETURN ON EQUITY 20% 18%

PAYBACK PERIOD (PBP)

Annual Cash Inflows

Net Income 281,661.78 307,532.81
Add: Depreciation 131,571.43 131,571.43
Total 413,233.21 439,104.24

Year Annual Cash Inflows

1 413,233.21
 2 439,104.24
3 286,613.11
4 276,964.68
5 270,022.90
Total
 TUDIO
me Statement
Period

Year 3 Year 4 Year 5

1,019,304.00 1,121,234.40 1,233,357.84

471,841.92 519,026.11 570,928.72
1,491,145.92 1,640,260.51 1,804,286.56

32,400.00 31,632.00 30,165.24

#REF! #REF! #REF!
#REF! #REF! #REF!
31,632.00 30,165.24 28,163.71
#REF! #REF! #REF!
#REF! #REF! #REF!

9,900.00 10,890.00 11,979.00

14,520.00 15,972.00 17,569.20
24,000.00 24,000.00 24,000.00
72,600.00 79,860.00 87,846.00
121,020.00 130,722.00 141,394.20
#REF! #REF! #REF!
248,316.24 303,526.50 357,950.13
#REF! #REF! #REF!

23% 28% 30%

21% 23% 23%

19% 20% 20%

155,041.68 145,353.25 138,451.47

131,571.43 131,571.43 131,571.43
286,613.11 276,924.68 270,022.90

Recovery of Equivalent in Years

Investments

413,233.21 1
 439,104.24 1
286,613.11 1
276,964.68 0.79

1,415,915.24 3.79
 CABCAKESTUDIO
Projected Balance Sheet
Five-Year Period

Pre-Operating Year 1 Year 2

ASSETS
CURRENT
Cash 43,479.00 276,569.35 482,657.33
Merchandise Inventory #REF! 61,243.19 249,368.58
Total #REF! 337,812.54 732,025.91

NON-CURRENT
Machines #REF! #REF! #REF!
less: Accumulated Depreciation - 3,728.40 3,728.40
#REF! #REF! #REF!

Transportation Vehicle 85,000.00 85,000.00 85,000.00

less: Accumulated Depreciation - 14,571.43 14,571.43
85,000.00 70,428.57 70,428.57

Equipment #REF! #REF! #REF!

less: Accumulated Depreciation - 2,085.71 2,085.71
#REF! #REF! #REF!

Total #REF! #REF! #REF!

TOTAL ASSETS #REF! #REF! #REF!

LIABILITIES AND CAPITAL

LIABILITIES
Income Tax Payable 16,786.22 51,733.39

CAPITAL
Cabcakestudio Capital, beginning 303,979.00 303,979.00 585,640.78
Add: Net Income 281,661.78 307,532.81
Total 303,979.00 585,640.78 944,906.98

TOTAL LIABILITIES AND CAPITAL 303,979.00 602,427.00 996,640.37

t

Year 3 Year 4 Year 5

1,082,175.20 1,079,038.56 1,064,674.42

249,791.48 757,018.13 1,322,207.50
1,331,966.68 1,836,056.69 2,386,881.92

#REF! #REF! #REF!

3,728.40 3,728.40 3,728.40
#REF! #REF! #REF!

85,000.00 85,000.00 85,000.00

14,571.43 14,571.43 14,571.43
70,428.57 70,428.57 70,428.57

#REF! #REF! #REF!

2,085.71 2,085.71 2,085.71
#REF! #REF! #REF!

#REF! #REF! #REF!

#REF! #REF! #REF!

248,316.24 303,526.50 357,950.13

944,906.98 1,348,264.90 1,797,144.65

155,041.68 145,353.25 138,451.47
1,348,264.90 1,797,144.65 2,293,546.25

1,596,581.14 2,100,671.15 2,651,496.38

 TOTAL PROJECT COST

Fixed Assets/ Capital Investments

Machines 125,000.00
Transportation Vehicles 85,000.00
Equipment 75,000.00

Sub-Total 285,000.00
Add: contingency (10%) 28,500.00 313,500.00
Pre-Operating & Operating Expenses
Permits and licenses 3,000.00
Purchases - Mdse Inventory 10,521.00
Office supplies 1,000.00
Sub-Total 14,521.00
Add: contingency (10%) 1,452.10 15,973.10

TOTAL PROJECT COST 329,473.10

Fixed Assets/ Capital Investments

Machines 125,000.00
Transportation Vehicle 85,000.00
Equipment 75,000.00

Pre-Operating Expenses
Permits and licenses 3,000.00
Purchases - Mdse Inventory 10,521.00
Office supplies 1,000.00

Total 299,521.00
Add: 10% contingency 29,952.10

TOTAL PROJECT COST 329,473.10

 1 Sales increase by 10% per year.
2 Total sales are composed of 100% cash on sales.
3 Sales returns and allowances are estimated at 2% of total sales.
4 Purchases increase by 10% per year.
5 Merchandise Inventory ending is estimated at 10% of the total cost of goods
6 Permits and licenses will increase by 10% starting year 2.
7 Office supplies, electricity, water and transportation
expenses will increase by 10% per year.
8 Repair and maintenance will start in year 2. This will increase by 10% per year.
9 Depreciation is computed using the straight-line method.
10 Salvage value is estimated at 10% of the acquisition cost.
11 Income tax for the year will be paid the following year.
 CABCAKE STUDIO
Projected Cash Flow Statement
Five-Year Period

Year 1 Year 2
Pre-Operating
CASH INFLOWS:
Capital, beginning 343,000.00 - -
Net Sales - 842,400.00 926,640.00
Total 343,000.00 842,400.00 926,640.00

CASH OUTFLOWS:
Machines 125,000.00 18,642.86 18,642.86
Transportation Vehicle 85,000.00 102,000.00 102,000.00
Equipment 75,000.00 10,928.57 10,928.57
Purchases 10,521.00 389,952.00 428,947.20
Permits and licenses 3,000.00 - 9,000.00
Office supplies 1,000.00 11,000.00 13,200.00
Electricity - 60,000.00 66,000.00
Repair and Maintenance - 52,500.00
Income Tax 16,786.22 51,733.39
Total 299,521.00 609,309.65 752,952.02

NET CASH FLOW 43,479.00 233,090.35 173,687.98

Add: Cash balance, beginning 43,479.00 276,569.35
CASH BALANCE, END 43,479.00 276,569.35 450,257.33
UDIO
w Statement
eriod

Year 3 Year 4 Year 5

- - -
1,019,304.00 1,121,234.40 1,233,357.84
1,019,304.00 1,121,234.40 1,233,357.84

18,642.86 18,642.86 18,642.86

102,000.00 102,000.00 102,000.00
10,928.57 10,928.57 10,928.57
471,841.92 519,026.11 570,928.72
9,900.00 10,890.00 11,979.00
14,520.00 15,972.00 17,569.20
72,600.00 79,860.00 87,846.00
57,750.00 63,525.00 69,877.50
248,316.24 303,526.50 357,950.13
1,006,499.59 1,124,371.04 1,247,721.98

12,804.41 - 3,136.64 - 14,364.14

450,257.33 1,082,175.20 1,079,038.56
1,082,175.20 1,079,038.56 1,064,674.42
Schedule 1Sales

Month Quantity Sold Selling Price Total

per Unit Sales

1 500.00 45.00 22,500.00

2 1,000.00 45.00 45,000.00
3 750.00 45.00 33,750.00
4 650.00 45.00 29,250.00
5 700.00 45.00 31,500.00
6 500.00 45.00 22,500.00
7 1,200.00 45.00 54,000.00
8 700.00 45.00 31,500.00
9 600.00 45.00 27,000.00
10 500.00 45.00 22,500.00
11 1,200.00 45.00 54,000.00
12 2,500.00 45.00 112,500.00

10,800.00 486,000.00

Schedule 3Purchases & Inventory-Ending

Month Purchases Unit Cost Total

in Units Purchases

1 700.00 25.00 17,500.00

2 1,100.00 30.00 33,000.00
3 850.00 25.00 21,250.00
4 650.00 25.00 16,250.00
5 700.00 30.00 21,000.00
6 500.00 26.00 13,000.00
7 1,400.00 20.00 28,000.00
8 800.00 22.50 18,000.00
9 600.00 20.00 12,000.00
10 500.00 30.00 15,000.00
11 1,200.00 25.00 30,000.00
12 3,000.00 25.00 75,000.00

12,000.00 300,000.00

Schedule 4Permits and Licenses

DTI permit 500.00

Mayor's permit 2,000.00
 BIR registration fees 500.00
Total 3,000.00

Schedule 6Depreciation
Cost Salvage Depreciable
Value Value
(10% of cost)

Machine 1 75,000.00 7,500.00 67,500.00

Machine 2 50,000.00 5,000.00 45,000.00
Transport Vehicle 85,000.00 8,500.00 76,500.00
Equipment 1 50,000.00 5,000.00 45,000.00
Equipment 2 25,000.00 2,500.00 22,500.00

Total 285,000.00

Schedule 7Income Tax

Yr 1 Yr 2 Yr 3

Net Income before Tax 333,931.10 487,073.56 1,194,387.45

Tax on 250000 83,931.10
Tax on 400000 87,093.56
Tax on 800000 and over 394,387.48
Tax on excess 20% (25%+30000) (30%+130000)
Total Tax Payable 16,786.22 51,773.39 248,316.24
 Sales Inventory
in Units Ending (10%)

500.00 200.00
1,000.00 100.00
750.00 100.00
650.00 -
700.00 -
500.00 -
1,200.00 200.00
700.00 100.00
600.00 -
500.00 -
1,200.00 -
2,500.00 500.00

10,800.00 1,200.00
 Estimated Annual
Useful Depreciation
Life

7 9,642.86
5 9,000.00
7 102,000.00
7 6,428.57
5 4,500.00

131,571.43

Yr 4 Yr 5

1,378,421.60 1,553,833.77

578,421.66 759,833.77
(30%+130000) (30%+130000)
303,526.50 357,950.13