FINANCIAL ASPECT

4.1 Source of Capital

Source of Capital Totals

Fandinola’s Investment 63,000
Bautista’s Investment 12,000
Total Capital 75,000

The business has a total capital of ₱75,000. Ma. Beverly D. Fandiñola has a share of 84%
of the funds, while John Kenneth Bautista has a share of 16% of the total investment.
4.2 Allocation of Capital
 The total amount spent on this business was 75,000 pesos; this included all costs for
machinery, equipment, permits, etc., for the successful opening of this business. The machinery
and production equipment acquired the highest cost.

Cost Of Goods Sold

Costs of Goods Sold FEBRUARY

SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY MARCH APRIL Totals
Beginning Inventory 6,610.00 6,052.00 2,655.00 6,577.75 8,154.00 8,154.00 8,240.25 7,076.50
Add: Purchases 4,700.00 4,035.00 34,273.00 53,091.00 1,075.00 72,570.00 75,320.00 26,780.00
Total Inventories 11,310.00 10,087.00 36,928.00 59,668.75 9,229.00 80,724.00 83,560.25 33,856.50
Less: Ending Inventory 6,052.00 2,655.00 6,577.75 8,154.00 8,154.00 8,240.25 7,076.50 7,076.50
COGS 5,258.00 7,432.00 30,350.25 51,514.75 1,075.00 72,483.75 76,483.75 26,780.00
January has the lowest cost of goods, worth 1,075 pesos; however, March has the highest
cost of goods, costing 76,483.75 pesos. Because they received a second batch order of polo
shirts with DTF print from the UNTV company this month.
 4.3 Statement of Financial Operation (Income Statement)

TEE PRINTS FANDIÑOLA

Comparative Statement of Financial Operation
For the Months Ended September 2022 to April 2023
STATEMENT OF OPERATIONS (INCOME STATEMENT)
SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL Totals
Net Sales 9,950.00 17,625.00 57,430.00 107,675.00 2,500.00 121,350.00 126,675.00 46,550.00
Less: sales discount
Total Sales 9,950.00 17,625.00 57,430.00 107,675.00 2,500.00 121,350.00 126,675.00 46,550.00 489,755.00
Less: COGS 5,258.00 7,432.00 30,350.25 51,514.75 1,075.00 72,570.00 76,483.75 26,780.00 271,463.75
Gross Profit 4,692.00 10,193.00 27,079.75 56,160.25 1,425.00 48,780.00 50,191.25 19,770.00 218,291.25
Less: Operating Expenses
Advertising expense 300.00 - - 200.00 - - - -
Permits and licenses 3,770.00 - - - 2,350.00 - 1,550.00
Furniture & Fixture 2,880.00 - - - - - - -
Leashold Improvement 2,800.00 - - - - - - -
Miscelleneous expense 680.00 - - - - - - -
Store Equipment 949.00 - - - - - - -
Supplies 2,791.00 - - 150.00 - - - -
Salaries 2,000.00 3,200.00 9,070.00 9,600.00 200.00 8,000.00 8,000.00 2,600.00
Utilities 200.00 350.00 400.00 300.00 200.00 350.00 400.00 200.00
Transportation 400.00 500.00 600.00 800.00 100.00 300.00 350.00 150.00
Total Operating Expenses 16,770.00 4,050.00 10,070.00 11,050.00 2,850.00 8,650.00 10,300.00 2,950.00 66,690.00

Net Profit/Net loss - 12,078.00 6,143.00 17,009.75 45,110.25 - 1,425.00 40,130.00 39,891.25 16,820.00 151,601.25

Since it was the first month and a lot of money had been spent, September brought in -12,078
PHP, the lowest monthly income for this business; however, the month of December got
45,110.25PHP the highest revenue for this business because it is the month of giving for
occasions like Christmas and New Year's. Some entrepreneurs buy bulk orders of their products
or services.
4.4 Statement of Financial Position (Balance Sheet)

TEE PRINTS FANDIÑOLA

Comparative Statement of Financial Position
For the Months Ended September 2022 to April 2023
STATEMENTOF FINANCIAL POSITION
SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH April
ASSET
Current Asset
Cash and Cash Equivalents 10,278.94 16,778.89 29,145.58 44,612.78 43,544.72 54,031.67 54,279.86 71,456.81
Inventories 6,052.00 2,655.00 6,577.75 8,154.00 8,154.00 8,154.00 6,990.25 6,990.25
Total Current Asset 16,330.94 19,433.89 35,723.33 52,766.78 51,698.72 62,185.67 61,270.11 78,447.06

Non Current Asset

Machineries 30,000.00 29,838.89 29,677.78 29,516.67 29,355.56 29,194.44 29,033.33 28,872.22
Production Equipments 23,500.00 23,304.17 23,108.33 22,912.50 22,716.67 22,520.83 22,325.00 22,129.17
Depreciation -Production Equ - 195.83 - 195.83 - 195.83 - 195.83 - 195.83 - 195.83 - 195.83 - 195.83
Depreciation - machineries - 161.11 - 161.11 - 161.11 - 161.11 - 161.11 - 161.11 - 161.11 - 161.11
Total Non Current Asset 53,143.06 52,786.11 52,429.17 52,072.22 51,715.28 51,358.33 51,001.39 50,644.44

TOTAL ASSET 69,474.00 72,220.00 88,152.50 104,839.00 103,414.00 113,544.00 112,271.50 129,091.50

LIABILITIES and EQUITY

Total Liabilities

Owners Equity
Owner's Capital 69,474.00 72,220.00 88,152.50 104,839.00 103,414.00 113,544.00 112,271.50 129,091.50

The table shows that the company has current and non-current assets. The current asset is
the company's inventories and cash end, while the non-current asset is the machinery and
production equipment, which depreciates monthly. After eight months, they had equity worth
PHP129,091.50
.
4.5 Statement of Cash Flow

TEE PRINTS FANDIÑOLA

Comparative Statement of Cash Flow
For the Months Ended September 2022 to April 2023
CASHFLOW
OPERATING ACTIVITIES SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL TOTALS
Net Profit/Net loss - 12,078.00 6,143.00 17,009.75 45,110.25 - 1,425.00 40,130.00 39,891.25 16,820.00 151,601.25
add: Back non Cash Expenses
Depreciation -Production Equip 195.83 195.83 195.83 195.83 195.83 195.83 195.83 195.83
Depreciation - machineries 161.11 161.11 161.11 161.11 161.11 161.11 161.11 161.11

Net Cash flow from Operating Ac- 11,721.06 6,499.94 17,366.69 45,467.19 - 1,068.06 40,486.94 40,248.19 17,176.94 154,456.81

INVESTING ACTEVITIES
Production Equipment 23,500.00 - - - - - - -
Machineries 30,000.00 - - - - - - -
Net cash flow From Investing Ac- 53,000.00 - - - - - - -- 53,000.00

FINANCING ACTIVITIES
Fandiñola, investment 63,000.00 - - - - - - -
Bautista, Investment 12,000.00 - - - - - - -
Cash paid to owner- widrawal - -- 5,000.00 - 30,000.00 - 30,000.00 - 40,000.00 -
Net Cash flow from Financing Ac 75,000.00 -- 5,000.00 - 30,000.00 -- 30,000.00 - 40,000.00 - -

Total Net Cash Flow 10,278.94 6,499.94 12,366.69 15,467.19 - 1,068.06 10,486.94 248.19 17,176.94
add: Cash, Beg. 10,278.94 16,778.89 29,145.58 44,612.78 43,544.72 54,031.67 54,279.86 71,456.81

The table shows that the business has depreciation, which is the production equipment.
The entrepreneurs assume that the life of their printers is ten years and the life of their machinery
is 15 years. therefore; they calculate the depreciation of each of these items. They include their
withdrawal monthly and after eight months, the people in business have a cash end of
71,456.81PHP.
4.6 Profitability Ratios

Return on Sales

Months
September (82%)

October 287%

November 338%

December 239%

January (175%)

February 302%

March 288%

April 277%

Return on sales is a financial ratio that shows how efficiently a company can generate
operating profit from its revenue. The table above shows the financial ratios of Tee Prints
Fandiñola.
As shown in the table above, September 2022 and January 2023 have no return on sales since the
business incurred a net loss during those months. Eventually, the return on sales of the business
increased in the following months.