Name: Rey Ian Q.

Conde Grade & Section: 11 - Kirchhoff

Teacher: Zion Faye Fajanilan Date: June 3, 2023
Entrepreneurship
Quarter 4
Compute Profits and Projected Financial Statement

What I Know
1. False
2. True
3. True
4. True
5. True
6. True
7. True
8. False
9. True
10. True
11. False
12. True
13. True
14. False
15. True

Task 2

“Running a business well means knowing when it’s time to make profit.”
It comes to the realization that when the business runs smoothly and progressively, then it is the
right time to make a profit. It serves as a sign once the business goes too well, a sign to make a
profit and pursue it.
Task 3
1. she will earn about 3,000 after selling all of the bottles of perfume
2. It’s not bad actually, gaining 3,000 after selling boxes is good. The only thing you need is the
quantity of the product to have more income.
3. It is good for a beginner, once that 3,000 grow and enough to buy another box of perfume, she
would gain 6,000 until she bought enough boxes and sell them.
4. Is to pile up every 3,000 that she will get until it becomes enough to buy another box in which
she could sell more perfumes and gain more profit at the same time.

What’s More
1. 200,000.00 – 5% = 190,000
Dozen = 12 units
18,000 x 6 = 10,800
12,000 x 6 = 72,000
Her loss is 180,000
Her gross profit is 190,000 – 180,000 = -10,000

What I Can Do

Provecho Tapas
Name of the Business

10% increase in Revenue and Cost annually

For Revenue
Year 1 = 1,450,000
Year 2 = 1,450,000 + 10% = P1,595,000
Year 3 = P1,595,000 + 10% = P1,754,500
Year 4 = P1,740,000 + 10% = P1,929,950
Year 5 = P1,885,000 + 10% = P2,122,945
For Cost
P1,150,000 x 10% = 115,000
Year 2 = P1,150,000 + 10% = P1,265,000
Year 3 = P1,265,000 + 10% = P1,391,500
Year 4 = P1,391,500 + 10% = P1,530,650
Year 5 = P1,530,650 + 10% = P1,683,715

Gross Profit = Revenue - Cost

Year 1 Year 2 Year 3 Year 4 Year 5

Revenue P1,450,000 P1,595,000 P1,754,500 P1,929,950 P2,122,945

Cost P1,150,000 P1,265,000 P1,391,500 P1,530,650 P1,683,715

Gross Profit P300,000 P330,000 P363,000 P399,300 P439,230

Assessment
Task 6
1. B
2. A
3. B
4. A
5. A
6. B
7. A
8. B
9. C
10. A
11. C
12. B
13. C
14. B
15. C