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Twotee Final Paper
Twotee Final Paper
TWOTEE
By:
Arjona, Joshua
Brillantes, Janelle
Reyes, Angelic
Instructor:
1
ACKNOWLEDGEMENT
We express our deep sense of gratitude to our families who supported us through
ups and downs. Especially our Parents, who did everything just to support our studies, if
it weren’t for them, we will not be here doing this study. To our brothers and sisters, for
guiding us in every way that they can just to help us finish and present this study well and
confident.
We are very much thankful to Mrs. Nancy S. Evangelista-Cruda, for her able
To our friends, we are thankful for them for being part of this study. In guiding and
We would like to extend our gratitude to almighty God where he has been with us
in doing this research, guiding us from above and made us believe that this study will be
2
Table of Contents
ACKNOWLEDGEMENT .................................................................................................... 2
EXECUTIVE SUMMARY .................................................................................................. 6
Market Feasibility ........................................................................................................... 7
Management Feasibility ............................................................................................... 10
Financial Feasibility ...................................................................................................... 16
Socio-economic Feasibility .......................................................................................... 16
CHAPTER 1 .................................................................................................................... 18
Introduction ...................................................................................................................... 18
Scope and delimitation of the study ............................................................................. 19
Definition of Terms ....................................................................................................... 19
Review of Related Literature ....................................................................................... 19
CHAPTER 2 .................................................................................................................... 23
Management Aspect ....................................................................................................... 23
Organizational Structure .............................................................................................. 23
Organization’s Job Position and Description ............................................................... 24
Personnel Requirement ............................................................................................... 26
Qualification Standards ................................................................................................ 27
Compensation Package ............................................................................................... 35
CHAPTER 3 .................................................................................................................... 38
Market Aspect ................................................................................................................. 38
Marketing Plan ............................................................................................................. 38
> Marketing Objectives ............................................................................................. 39
> Target Market Strategy .......................................................................................... 39
Consumer Behaviour ................................................................................................... 39
Marketing Strategies .................................................................................................... 40
Product Strategy ................................................................................................ 40
Price strategy ..................................................................................................... 41
Promotional strategy .......................................................................................... 41
Placing/Distribution strategy .............................................................................. 42
Distribution Channel ..................................................................................................... 42
Pricing Strategy ............................................................................................................ 42
3
Opportunities and Threats ........................................................................................... 43
CHAPTER 4 .................................................................................................................... 44
Technical Aspect ............................................................................................................. 44
Production Process ...................................................................................................... 44
Equipment, Machinery, Furniture, Fixtures .................................................................. 46
Building ........................................................................................................................ 46
Location........................................................................................................................ 47
Site Map ....................................................................................................................... 47
Actual Site .................................................................................................................... 48
Layout .......................................................................................................................... 48
Top View ................................................................................................................... 48
First Floor .................................................................................................................. 49
Second Floor ............................................................................................................ 50
Capacity / Scheduling .................................................................................................. 51
Schedule of Daily Operation ........................................................................................ 51
Waste Disposal ............................................................................................................ 52
Furniture, Fixtures and Equipment .............................................................................. 52
Utility ............................................................................................................................ 54
Production Cost ........................................................................................................... 54
CHAPTER 5 .................................................................................................................... 57
Financial Aspect .............................................................................................................. 57
Capitalization................................................................................................................ 58
Financial Statements ................................................................................................... 59
Financial Analysis ........................................................................................................ 59
Projected Income Statement ....................................................................................... 61
Projected Cash Flow .................................................................................................... 62
Projected Balance Sheet ............................................................................................. 64
CHAPTER 6 .................................................................................................................... 67
Socio-economic Aspect ................................................................................................... 67
BIBLIOGRAPHY.............................................................................................................. 68
APPENDICES ................................................................................................................. 69
Appendix A: Depreciation Schedule ............................................................................ 69
4
Appendix B: Routing .................................................................................................... 69
5
EXECUTIVE SUMMARY
Identifying Information:
Bank Loan
Project Summary
Each year over half a million visit the mall and over 3000 customers will visit the
area. On average, a customer will spend over P50, 000.00 for shopping expenses.
6
Market Feasibility
The potential and prospective market of the proposed project will be the residents
of Naic, Cavite ranging from employees, young adults, tourists and families who want to
area’s population, the actual projected demand for the proposed project is likewise based
on the total number of tourists who visit Naic, specifically its town proper (or Poblacion).
The table below shows the actual and demand projection of the proposed project.
Household Demand
7
2024 180,000 90,000
At present, there is a clothing line that manufactures sweatshirts all over the
country, which provides services specializing in the clothing industry. Thus, given the
demand and supply for sweatshirts in the said locality, it can be concluded that there is
The proposed project will assume that the market will grow at a rate of 10%
annually. This is based on the market trends on sweatshirt consumption as well as the
of 3,000 annually. It is further projected that the average amount spent for buying a
sweatshirt will be P 4,000 for the customized sweatshirt and P 2,500 for the readymade
sweatshirt. Below are the projected sales for the five year operation of the proposed
project.
8
Projected customer Customized Readymade Total Projected
P4,000 P2,500
Note: (projected customer x 30% (customer volume/ year)x price) (projected customer x
9
In order to encourage frequent visits to the proposed Twotee, the establishment
will be advertised in the local radio station. A signboard will be placed in front of the
building to attract attention and inform potential customers about the project.
Management Feasibility
The proponents will be the owner of the proposed Twotee Mfg. The owners
will be the one who will manage, and the selected employees will be hired to handle day-
The general manager will receive a starting salary of P 30,000.00 per month while
the sales manager will receive P25,000.00 monthly. The production manager, financial
manager and human resource manager will receive P 20,000.00 monthly. The distribution
officer, quality control officer and recruitment officer will receive P 15,000.00 a month. The
production staff and purchasing officer will receive a P 12,000.00 monthly salary. The
bookkeeper and auditor will receive a P 10,000.00 monthly salary. The maintenance staff
the personnel. It is assumed that salaries will increase at a rate of 2% per annum. Below
are the projected salaries/wages and fringe benefits of the management and service staff.
Personnel Salaries
General
manager
360,000 367,200 374,400 381,600 388,800
Sales
Manager
300,000 306,000 312,000 318,000 324,000
Produc
tion Manager
240,000 244,800 249,600 259,200 264,000
Financial
Manager
240,000 244,800 249,600 259,200 264,000
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Human
Resource
240,000 244,800 249,600 259,200 264,000
Manager
Officer
Quality
Control
180,000 183,600 187,200 190,800 194,400
Officer
Officer
Staff
12
Recruitment
officer
180,000 183,600 187,200 190,800 194,400
staff
General
manager
30,416.4 32,901.4 35,386.4 37,871.4 40,356.4
13
Sales 29,131.2 31,511.2 33,891.2 36,271.2 38,651.2
Manager
Manager
Manager
Resource
Manager
Officer
Control
Officer
14
Purchasing 26,010 28,135 30,260 32,385 34,510
Officer
Production
Staff
Bookkeepe
e staff
t officer
Total
15
Note: the computation of the fringe benefits is: Total benefits x 0.2 + total benefits x 1
Financial Feasibility
Given a projected initial capitalization of P15, 000,000.00 for the proposed project,
the amount of P5, 000,000.00 will be loaned from a bank at an interest of 15% per annum,
payable within five years. The remaining P1, 250,000 will come from other savings of the
manager/owner.
Projected financial statements and financial analyses conducted showed that the
Socio-economic Feasibility
Sibang by:
Ø Providing job opportunities to the local residences of Sibang during the construction
from direct on-site employment and off-site employment that needed for the operation
summer or cold weather. It is made out of soft fabric where people won't experience
17
CHAPTER 1
Introduction
Starting a business is a dream for many people because they can pursue their
passion by doing what makes them happy. It is one of the steps by becoming an expert
and discovering new fields of their industry. Different fields of industry were discovered
including the business that paved the way to the rise of fashion sweatshirts. The first
hooded sweatshirt was made in the 1930s by the US Company Champion when it had
developed methods for stitching thicker fabrics. Initially, hoods were applied to
sweatshirts to keep their staff warm during the bitter winters. Afterwards, it was made for
training drills and physical education courses. The sweatshirt has gained mass-market
domination from beginnings as athletic wear. For both men and women, the sweatshirt
has been revived as a high-fashion statement item, striking a connection with customers
scratch, entrepreneurs can make their own fashion and watch the organization grow from
start to finish.
sweater can turn into a trendy sleeveless top, in other words, it is a sweater with
convenience and fashion to its consumers. Twotee can easily turn into a sleeveless top
from being a sweater. It is convenient for people who are always subject to unstable
weather patterns, such as those who drive or commute and then work in an air-
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conditioned room. It provides fashion and style especially here in the Philippines, Filipinos
This feasibility study focuses only on the manufacturing of Twotee sweater, a two-
in-one apparel. Wherein the target potential market are only the teens and adults, children
are excluded from the target potential customer because children do not usually give
much attention to fashion wear. The Twotee manufacturing is only limited to manufacture
top or upper garment specifically sweater and does not aim to include lower apparel like
Definition of Terms
Style – unique form of clothing and way of arranging it to make distinct appearance
Sweater as Clothing
Chapman (2017) stated ten reasons why sweaters are the best article of clothing.
According to her the first reason is comfort. She stated that this wearing a sweater is like
getting a soft, woolen hug. Second reason is they can be worn all year. It's common to
see sweaters worn in some form or fashion no matter the season. Literally any outfit,
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According to Chapman (2017) the third reason is that sweaters are also seasonal.
Sweaters and fall go together. As every aspect of life is just a little bit better in fall, so are
sweaters. The fourth reason is they are unisex. Sweaters have a certain practicality that
literally anyone can wear them and look totally awesome. It's probably scientifically
proven that a person wearing a sweater is automatically more attractive. Chapman (2017)
stated that the thing she love most about guy’s sweaters is how they are always 500%
comfier than girl’s sweaters. Christmas. Sweaters is the fifth reason because the only
are sweaters. Cardigans maximize the versatility sweaters already possess, she stated
that she never leaves home without them. They are perfect for days that are too warm for
an all-out wool turtleneck but too chilly for just a t-shirt. Seventh reason is aesthetic. As
we have already confirmed, sweaters obviously make everything better. Sweaters are
just more pleasing to the eye. There's just something about seeing sweaters that calms
According to Chapman (2017) the eighth reason is the sweatshirts. The close
cousin of sweaters, sweatshirts are yet another beautiful gift to mankind. A t-shirt and
sweater combined, sweatshirts are the perfect combination of warm, stylish and comfy.
Ninth reason is the warmth. A more obvious and probably the most useful aspect of
sweaters is their warmth. You can find sweaters for every level of warmth, from a
lightweight cardigan for a warm breeze to a toasty turtleneck for those blistering winter
days. The last reason is no two are the same. According to Chapman (2017) there is an
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infinite number of sweaters in this world, which is both a blessing because there are so
According to Del Sandeen(2020). Sweater vests are a great accessory for fall and
winter. Women who live in very cold climates can sport them under a cardigan, jacket or
coat for more layers, while women in warm locales can simply wear the vest over a shirt.
If you have a collection of sweater vests, you can wear coordinating neutral colors when
you want a monochrome ensemble. But wear a vibrant sweater vest on days you want
Del Sandeen(2020) stated Sweater vest has a preppy look. Slip an argyle-
patterned sweater vest over an oxford blouse and pair with khakis or a khaki skirt for the
ultimate prepster outfit. You can then add a blazer if the weather demands it, and of
According to Del Sandeen.(2020). Sweater vest can dress for work. Sweater vests
work best in a professional environment that's not too formal, but they're usually
appropriate for dress-down days. Wear one over a button-up blouse with a pair of slacks
and heels, or try one on over a turtleneck. They look just as good with skirts and heels,
and you can always add a suit jacket to top everything off.
Del Sandeen(2020) stated Sweater can be a Casual day. As polo shirts and khakis, jeans
or casual skirts can get added punch with the simple addition of a complementary sweater
vest. You may also go for the golfer's outfit of a polo shirt, vest and walking shorts or
slacks. Slip-on shoes, flats or fashion sneakers will finish this look off nicely.
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Del Sandeen(2020) stated Sweater vests can be more versatile style, you
just add some well-placed scarf, jewelry or sweater vest, you can easily turn a plain outfit
into a more memorable ensemble. With a great variety of sweater vests from which to
choose, you'll find casual and more business-friendly options to complete your wardrobe.
Sweater as Fashion
An article published by Fitzpatrick (n.d) stated that formerly reserved for a gym and
a lazy weekend, a humble sweatshirt has emerged as a high fashion hero for both men
and women, appearing regularly on top tier runaways and consistently selling out at luxury
retailers. From humble beginnings as athletic wear, the sweatshirt has gained mass-
According to Salessy (2020) with sweater’s retro look it creates a soft silhouette,
the knitted sweater has long been a wardrobe essential. Introduced in the 1890s, it quickly
became a testament to the skills and heritage of the people of the Aran islands, an
archipelago to the west of Ireland. But it wasn't until 1930 that it made its mark on the
fashion scene, through the creations of Elizabeth Zimmermann, which revolutionized the
knitting industry. The success in the Americas earned the British designer an appearance
in US Vogue in 1958, featuring one of her first iconic knit sweaters. Since then, icons and
fashionable girls have taken on this timeless piece, sometimes in a baby-doll style like
Jeanne Damas, patchwork as seen on Jessie Bush or casually like Giedrė Dukauskaitė.
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CHAPTER 2
Management Aspect
Organizational Structure
Figure 1 shows the organizational structure of Twotee Mfg. The top manager is the
General Manager with 4 inferior managers handling four different departments. Sales
managers handle distribution activities of Twotee. Production Manager leads the quality
control, purchasing and production staff. Finance manager supervises the bookkeeper
and auditor in financing activities of Twotee. Human resource manager is concern with
23
Organization’s Job Position and Description
24
and serve as a link between an organization’s
management and its employees.
25
Maintenance Staff Inspect different equipment and perform any basic repairs
or preventative maintenance when required. Tasks
include plumbing work, painting, flooring repair and
upkeep, electrical repairs and heating and air conditioning
system maintenance.
Personnel Requirement
26
Recruitment Officer Two (1)
Qualification Standards
Position Qualifications
Ø Computer literate.
27
Ø Proactive nature.
28
Ø A degree in Business Management
would be advantageous.
Ø Industry-related experience.
29
Ø Proven working experience as HR
Manager or other HR Executive
30
Ø Must have sound commercial
understanding of the international
and domestic courier industry and be
able to understand and interpret
Distribution Officer basic management accounts.
Ø Must be an excellent
communicator and have experience
of managing people.
31
Ø High school diploma/GED.
Ø Experience operating
manufacturing machinery.
Ø Physical dexterity.
32
Ø Recruiting and interviewing skills
33
Ø Proven maintenance experience.
34
Compensation Package
Position Salary/Wage
Bookkeeper P10,000
35
Wage-Related Benefits
Ø Holiday wage and overtime pay for work during holidays or rest days
Ø Other Leaves
Ø 13th month
Ø Separation pay
De Minimis Benefits
36
Ø Monetized unused vacation leave credits, maximum of 10 days per year.
Ø Daily meal allowances during overtime work must not exceed 25% of
the basic minimum wage.
Figure 5 shows the lowest average monthly salary for the indicated positions according.
In compliance to the Presidential Decree No. 442 also known Labor Code of the
Philippines the following benefits will be included in the compensation package of
employees. Salary/wages may increase through the years.
37
CHAPTER 3
Market Aspect
Marketing Plan
advertise this to have the market grow in this economy. Depending on how all the
economic factors are addressed by the firm, they can be either an opportunity or
a threat to the firm. A successful marketer has to anticipate and visualize these
economic factors and use them to his advantage. The focus is to get the
power, and therefore low demand for products. The strategic marketer can plan
to offer more value for the same or lower price than the competitor. The intensity
of rivalry is caused by a large number of firms competing for the same customers
and resources, slow market growth that causes firms to fight for the market share,
high fixed costs that cause the firms to produce at near capacity and high storage
costs or high perishability that cause the producer to sell as soon as possible.
Low switching cost where the customer can very easily switch, and low levels of
38
> Marketing Objectives
expanding the reach of customers and to learn about Twotee through promotion
as concentrated marketing, it targets only one or few defined and specific segments of
the consumer population. The target market of this product are only teens and adults both
Consumer Behaviour
• Who buys?
The target of this product are teens and adults both male and female ranging from 13 to
25 years of age.
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• Where do they buy?
Consumers may buy this item in malls such as SM and Robinsons and through online
websites.
If consumers are planning to buy online, there are online websites where they can
easily buy TwoTee. They can also visit and be walk-in customers in selected stores.
Consumers buy it for fashion, needs, comfort and style. With TwoTee, all of these
Marketing Strategies
Product Strategy
Twotee offers an industry standard product, and also ensures good quality and
innovative sweaters to the consumers. Twotee guarantees the market to bring new
experience in wearing two-in-one apparel to provide more value to our customers and
captures more of the market. Twotee has a variety of colors to choose from to fit and
40
Price strategy
Twotee provides great experience to the customer. Its undeniable good quality
equates to a very competitive and affordable price. In the long run we will also make
sure to consider our loyal customers and provide them better rates and discounts.
Promotional strategy
Twotee focuses all promotion efforts in reaching out to customers. Our promotional
mix is as follow:
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- Printed ads
Placing/Distribution strategy
Twotee can be located at the malls and can be visited by walk-in customers.
Considering how existing competitors utilize the digital media, Twotee will also be
present at online selling platforms to give ease to the consumers. To further reach
Distribution Channel
Pricing Strategy
42
Opportunities and Threats
To illustrate the opportunities and threats of Twotee SWOT analysis was conducted:
43
CHAPTER 4
Technical Aspect
Production Process
Prepare all the equipment and materials needed – fabric, zipper, thread, sewing
materials is done from good materials to get quality sweatshirts after stitching and
finishing.
Once fabric is sourced and the pattern is ready to use, cutting of fabric is started.
· Parts Making – Collar, cuff, pockets, front and back part, and sleeves are made
separately.
44
· Assembly – Once different parts of a sweatshirt are made, sweatshirt parts are
assembled. It’s also the time to attach zippers on the upper base of both sleeves
In the finishing stage, uncut thread trails are trimmed. This process also includes
Before packing, twotee are checked to ensure that no defective sweatshirts are
sent to the customer. If a defective sweatshirt is found, alteration and repairing is being
done.
All sweatshirts are folded nicely. Hang Tag and price tag are attached to the folded
Step 9 – Shipping of Twotee to the Physical Store or to the customers in online sites
Shipping of twotee to physical stores where customers can buy it and to the
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Equipment, Machinery, Furniture, Fixtures
Computer - for the product designing and pattern making that can be done in CAD
(computer aided design). The computer must have the capacity or RAM to perform CAD
software.
Fabric Testing Equipment – for verifying the fabric quality because fabric plays an
important role in the garment quality and product valuation as well as customer demand.
Cutting Table – wide and long table depending on the marker length and maximum fabric
width to use. A number of fabric layers are spread over on the flat table.
Sewing Machine – this is for stitching and assembling the sweatshirt components.
Press Machine and Iron Table – to press the sweatshirts a pressing station is required.
Folding Template – to fold and pack the twotee appropriately and nicely.
Building
The proposed enterprise is located in Barangay sabang, naic Cavite. The rent in
industrial lease is 160,000 (a month) with 380 sqm. The proposers decided to rent this
lease because it's a long way to North Harbor : 50 km. International Airport : 30 km.
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Location
The TWOTEE Mfg. is located in the dynamic Calabarzon region. The barangay
sabang, naic cavite. The primary access to the site is through CAVITEX – Antero Soriano
Highway. An alternate route can be through South Luzon Expressway (Carmona Exit) –
Trucking Serves, Daddy’s Toasted Siopao- Sabang Proper, PTT Gasoline Station,
Barangay hall, Trans Oriental Motor Builders, Inc. and LTE House.
Site Map
47
Actual Site
Layout
Top View
48
First Floor
49
Second Floor
50
Capacity / Scheduling
The proposed product will be manufactured for eight (8) hours, six (6) days a
week, from Monday to Saturday. Daily operation will start at seven thirty o’clock in the
morning until five o’clock in the afternoon. Below is the daily schedule and tasks in the
51
Waste Disposal
The biggest gains come from waste reduction, reuse, reduce, and recycle.
Wearing cotton right now—it’s the world’s most popular natural fiber, and much of it is
used to create clothing. But the environmental impact of creating a cotton garment is
staggering: Producing one cotton shirt requires 2,700 liters of water, which is how much
one person drinks in two and a half years. What’s more, according to the UN, the fashion
industry dumps an estimated 92 million tons of textile waste into landfills each year. That
could increase by up to 60% in the next decade. Ideally, we’d be able to recycle cotton
clothing into new material for new garments, but cotton recycling is technically
challenging. The most common method, mechanical cotton recycling, or the process by
which old clothes are chopped up and turned back into raw material, weakens the fabric
by shortening the staple length of the fibers. This means that brands can’t use large
52
3 Straight Knife Cutting Machine P39, 000
53
Sanitation and Maintenance P 15,000.00
Equipment
Vehicle P 1,000,000.00
Utility
The operation of the proposed project will require electric installation, a good
Production Cost
Direct Labor – the cost of wages and benefits for the sewers and production workers to
sweatshirts.
Manufacturing overhead (indirect labor)- the cost of wages and benefits for the security
54
Transaction Breakdown
Inventory at the
beginning of the
period P96,000.00
Inventory at the
end of the period P288,000.00
Revenues P2,400,000.00
Marketing
Expenses P432,000.00
Rent P160,000.00
Utilities P57,600.00
Insurance P38,400.00
55
Taxes P36,000.00
Depreciation P72,000.00
56
CHAPTER 5
Financial Aspect
This study presents the financial feasibility of the project, cost of operation, total
project cost, income statement, and the balance sheet of the establishment and
management of the proposed Twotee.
Project Cost
Fixed Assets
Building P160,000
Working Capital
Overhead Cost
57
Other Expenses:
Marketing P432,000
Pre-operating Expenses
Preparation P20,000
Capitalization
Given the above project cost, capitalization for the proposed two-tee will be P
rate of 15% per annum, payable for five years. The remaining P 1,250,000.00 will come
Below is the amortization schedule for five years of the proposed project.
58
Year Interest 15% Principal Balance P
5,000,000
Financial Statements
Assumptions
Financial Analysis
Based on the financial tests conducted, it is proven that the proposed project is
financially viable and feasible. The tests of profitability below shows that an acceptable
rate of return can be expected from the first five years operation of the project. Moreover
the rate of return is projected to increase year after year.
59
Rate of return 2020 2021 2022 2023 2024
on Sales
In addition, the tests of liquidity below implies that the proposed project will be
60
Projected Income Statement
Cost of
Sales 1,296,000 1,598,400 1,900,800 2,203,200 2,505,600
Less:
Operating
Expenses
Depreciation
Expense P359,800
Utility
Expense 1,035,500 207,100 41,420 41,420 41,420.00
Other
Operating
Expenses 25,000.00 26,000.00 27,000.00 28,000.00 29,000.00
Total
Operating
Expenses P3,751,220 P2,868,372 P2.753,364 P2,822,436 P2,935,108
61
Income
Before Tax P3,052,780 P4,983,228 P6,008,836 P6,854,364 P7,654,292
Income Tax
(32%) 967,889.60 917,879.04 1,922,827.52 2,193,396.48 2,449,373.44
Less:
Allowances 2,025,000 2,362,500 2,666,250 2,970,000 3,273,750
Net Cash
Sales P6,075,000.00 P7,087,500 P7,998,750 P8,910,000 P9,812,250
Beginning
Cash Balance P13,457,400 P14,881,178 P17,311,084 P20,732,718
Net Cash
Flow P6,075,000.00 P7,087,500.00 P7,988,750.00 P8,910,000.00 P9,812,250.00
62
Capital
Investment 15,000,000.00
Cash
Outflows
Direct
Materials 960,000.00 965,000.00 966,000.00 967,000.00 968,000.00
Salaries and
Wages P2,583,600.00 P2,635,272.00 P2,686,944.00 P2,753,016.00 P2,864,688.00
Marketing
Expenses 432,000.00 432,000.00 432,000.00 432,000.00 432,000.00
Overhead
Cost
Principal
Amortization 1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00
Interest
Payments 750,000 600,000.00 450,000.00 300,000.00 150,000.00
63
Water 2,000 2,200.00 2,400.00 2,600.00 2,800.00
Production
Expenses 10,000.00 10,500.00 11,000.00 11,500.00 12,000.00
Transportatio
n 5,000.00 5,600.00 6,200.00 6,800.00 7,400.00
Pre-
Operating
Expenses 25,000.00
Taxes &
License 5,000.00 5,150.00 5,300.00 5,450.00 5,600.00
Total Cash
Outflows P7,617,600.00 P5,663,722.00 P5,568,844.00 P5,488,366.00 P5,453,488.00
Net Cash
Flow P13,457,400 P14,881,178 P17,311,084 P20,732,718 P25,100,480
Current
Assets
64
Cash P13,457,400 P14,881,178 P17,311,084 P20,732,718 P25,100,480
Fixed Assets
Equipment &
Materials 1,035,500.00 1,035,500.00 1,035,500.00 1,035,500.00 1,035,500.00
Furniture and
Fixtures 642,500.00 642,500.00 624,500.00 624,500.00 624,500.00
Less:
Accumulated
Depreciation 107,120.00 214,240.00 321,360.00 428,480.00 535,600.00
Liabilities
Accounts
Payable 5,000,000.00 4,000,000.00 3,000,000.00 2,000,000.00 1,000,000.00
Capital
Owner's
Equity 8,073,949.60 8,868,069.04 12,384,435.52 16,338,230.48 22,269,161.44
65
Add: Net
Income P2,328,570.00 P4,065,348.96 P4,086,008.00 P4,660,967.52 P5,204,918.56
Total Capital
& Liabilities P15,402,520 P16,933,418 P19,470,444 P22,999,198 P27,474,080
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CHAPTER 6
Socio-economic Aspect
Sibang by:
Ø Providing job opportunities to the local residences of Sibang during the construction
from direct on-site employment and off-site employment that needed for the operation
Ø Providing a new look in the fashion industry, ordinary people can also feel
summer or cold weather. It is made out of soft fabric where people won't experience
Ø Supplying the municipality of Naic, Cavite with additional income in the form of taxes
67
BIBLIOGRAPHY
Courtney Chapman. (2017). “10 Reasons Why Sweaters Are The Best Article Of Clothing
sweaters-article-clothing
https://womens-fashion.lovetoknow.com/Womens_Sweater_Vest
https://www.businessoffashion.com/articles/intelligence/the-rise-of-the-fashionsweatshirt
Sallesy. (2020). If you only buy one sweater this winter, make sure it's this one. Vogue.
vintage-knitwear-on-trend-inspiration
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APPENDICES
Appendix A: Depreciation Schedule
Total P 359,800.00
Appendix B: Routing
FROM PASAY (via R-1 and Antero Soriano Hwy 1 hr 27 min (46.2 km)
- Head west on Epifanio de los Santos Ave/C-4 toward Taft Ave/R-2 (1.0 KM)
FROM MANILA (via R-1 and Antero Soriano Hwy 1 hr 26 min (46.0 km)
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- Head south on Quezon Blvd/R-8 toward FR Hidalgo St. (1.1 KM)
FROM TAGUIG (via E3/R-1 and Antero Soriano Hwy 1 hr 26 min (46.0 km)
- Get on NAIA Expy in Pasay from Bayani Rd, Lawton Ave and Sales Rd (6.3 KM)
FROM QUEZON (via R-1 and Antero Soriano Hwy 2 hr 4 min (58.0 km)
- At Mabuhay Rotonda, take the 2nd exit onto España Blvd (2.0 KM)
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