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Vii. The Financial Plan Forecast: 1 Year Income - 2 Year Income

This document outlines the financial plan and forecast for a business over three years. It provides the projected income and expenses for the 1st, 2nd, and 3rd years. In the 1st year, the projected income is ₱2,689,200 with expenses of ₱1,863,888, resulting in a net income of ₱825,312. For the 2nd year, income is projected to increase to ₱3,305,038 while expenses rise to ₱2,327,662, providing a net income of ₱977,336. In the 3rd year, income is forecasted to be ₱3,522,105 and expenses

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93 views3 pages

Vii. The Financial Plan Forecast: 1 Year Income - 2 Year Income

This document outlines the financial plan and forecast for a business over three years. It provides the projected income and expenses for the 1st, 2nd, and 3rd years. In the 1st year, the projected income is ₱2,689,200 with expenses of ₱1,863,888, resulting in a net income of ₱825,312. For the 2nd year, income is projected to increase to ₱3,305,038 while expenses rise to ₱2,327,662, providing a net income of ₱977,336. In the 3rd year, income is forecasted to be ₱3,522,105 and expenses

Uploaded by

harotchi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

VII.

THE FINANCIAL PLAN FORECAST

1st Year Income - ₱ 2,689,200.00

2nd Year Income - ₱ 3,305,038.00

3rd Year Income - ₱ 3,522,105.00

1st Year income: ₱2,689,200.00

1st Year expenses: ₱ 1,738,518.00

Expenses

Utilities - ₱ 1,038,279.00

Insurance - ₱ 391,587.00

Employee - ₱ 313,291.00

Travel - ₱ 120,731.00

Total - ₱ 1,863,888.00

Formula:

1st Year Income – 1st Year Expenses = 1st Year Net Income

₱ 2,689,200.00 - ₱ 1,863,888.00 = ₱ 825,312.00

1st Year Net Income: ₱ 825,312.00

1st Year Income - ₱ 2,689,200.00

2nd Year Income - ₱ 3,405,038.00

3rd Year Income - ₱ 3,522,105.00

2nd Year income: ₱ 3,305,038.00


2nd Year expenses: ₱ 2,327,662.00

Expenses

Utilities - ₱ 955,402.00

Insurance - ₱ 692,163.00

Employee - ₱ 455,561.00

Travel - ₱ 224,536.00

Total - ₱ 2,327,662.00

Formula:

2nd Year Income – 2nd Year Expenses = 2nd Year Net Income

₱ 3,305,038.00 - ₱ 2,327,662.00 = ₱ 977,336.00

2nd Year Net Income: ₱ 977,336.00

1st Year Income - ₱ 2,689,200.00

2nd Year Income - ₱ 3,305,038.00

3rd Year Income - ₱ 3,522,105.00

3rd Year income: ₱ 3,522,105.00

3rd Year expenses: ₱ 2,474,729.00

Expenses

Utilities - ₱ 803,956.00
Insurance - ₱ 742,734.00

Employee - ₱ 695,128.00

Travel - ₱ 232,911.00

Total - ₱ 2,474,729.00

Formula: 3rd Year Income – 3rd Year Expenses = 3rd Year Net Income

₱ 3,522,105.00 - ₱ 2,474,729.00 = ₱ 1,047,376.00

3rd Year Net Income: ₱ 1,047,376.00

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