Travel Agency Final With Financial Ratio)

8/10/2019 Travel Agency Final With Financial Ratio)

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Schedule 1

Historical Demand

Year Population Market Acceptability Rate Frequency of Availing Annually

2010 919169 34% 1

2011 934795 34% 1

2012 950686 34% 1

2013 966848 34% 12014 983284 34% 1

Projected Demand

Year Population A Yi-1

2015 919169 5450 334317

2016 934795 5450 339767

2017 950686 5450 345217

2018 966848 5450 350667

2019 983284 5450 356117


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Annual Demand

312517

317830

323233

328728334317

Yc

339767

345217

350667

356117

361567


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Schedule 2

Historical Supply

Year Demand Supply Situation Rate Annual Supply

2010 312517 92% 287516

2011 317830 92% 292404

2012 323233 92% 2973752013 328728 92% 302430

2014 334317 92% 307571

Projected Supply

Year Demand Supply Situation Rate Annual Supply

2015 339767 92% 312585

2016 345217 92% 317599

2017 350667 92% 322613

2018 356117 92% 327627

2019 361567 92% 332641


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Schedule 3

Assumptions: Market Share Increase 10.00%

Year Demand Gap Target Market Share Percentage

2015 27181 7%2016 27617 7.70%

2017 28053 8.47%

2018 28489 9.32%

2019 28925 10.25%

Schedule 4

2015 Annual Market Share Base

Domestic 1903 Annual Market Share

International 1903 Annual Market Share

Passport Processing

a. Rush 731 International Tickets

b. Regular 731 International Tickets

Visa 1218 International Tickets




Passport Processing







Passport Processing







Passport Processing






Demand-Supply Gap


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Passport Processing





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Target Annual Market Share

19032127

2376

2654

2964

Percentage Number of Clients

36% 685

64% 1218

35% 256

65% 475

15% 183


36% 766

64% 1361

35% 286

65% 531

15% 204


36% 855

64% 1521

35% 319

65% 593

15% 228


36% 956

64% 1699

35% 357

65% 663

15% 255


36% 1067


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64% 1897

35% 398

65% 740

15% 285


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Schedule 5.1 2015 2016 2017 2018

Commission per Ticket 300 300 300 300

Number of Clients 685 766 855 956

Total Income - Domestic 205491 229666 256621 286670

Commission per Ticket 800 800 800 800


Total Income - International 974179 1088785 1216572 1359027

Schedule 5.2 2015 2016 2017 2018

Service Fee 500 500 500 500

Number of Clients-Rush 256 286 319 357

Total Income - Passport Pro 127861 142903 159675 178372

Service Fee 300 300 300 300

Number of Clients-Regular 475 531 593 663

Total Income - Passport Pro 142474 159235 177924 198758

Service Fee 500 500 500 500


Total Income - Visa Assistan 91329 102074 114054 127409

Schedule 5.3 2015 2016 2017 2018Total Commission Income 1179669 1318451 1473192 1645697

Total Service Income 361664 404212 451652 504539

Total Income 1541333 1722663 1924845 2150236

Commission Income

Service Income


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2019

300

1067

320163

800

1897

1517809

2019

500

398

199212

300

740

221979

500

285

142295

20191837971

563486

2401458


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6000 6000 6000

21600 21600 21600

648483 648483 648483

Schedule 6.1 2015 2016 2017

648483 648483 64848324415 24415 24415

9300 9300 9300

4800 4800 4800

90602 90602 90602

777600 777600 777600

62000 62000 62000

839600 839600 839600

Schedule 6.2 2015 2016 2017

0 0 0

710483 710483 710483

710483 710483 710483

0 0 0

Schedule 6.3 2015 2016 2017

SSS Contribution Payable, beg 0 24415 24415

Increase in Contribution Payable 24415 24415 24415

Cash Paid 0 24415 24415

SSS Contribution Payable, end 24415 24415 24415

Schedule 6.4 2015 2016 2017PhilHealth Contribution Payable, b 0 9300 9300


Cash Paid 0 9300 9300

PhilHealth Contribution Payable, e 9300 9300 9300

Schedule 6.5 2015 2016 2017

Pag-IBIG Contribution Payable, be 0 4800 4800


Cash Paid 0 4800 4800

Pag-IBIG Contribution Payable, en 4800 4800 4800

Schedule 6.6 2015 2016 2017

Withholding Tax Payable, beg 0 90602 90602


Cash Paid 0 90602 90602

Withholding Tax Payable, end 90602 90602 90602

Salary Expense

Electrical Technician

Janitor

Total

Net Cash PaySSS Contribution

PhilHealth Contribution

Pag-IBIG Contribution

Withholding Tax

13th Month Pay

Total Salary Expense

Salaries Payable, end

Cash Paid

Net Cash Pay

Salaries Payable, beg


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TOTAL ER EE TOTAL ER EE

1790 250 250 500 100 100

1790 225 225 450 100 1001330 150 150 300 100 100

1330 150 150 300 100 100

6240 525 525 1550 400 400

TOTAL ER EE TOTAL ER EE

21480 3000 3000 6000 1200 1200

21480 2700 2700 5400 1200 1200

15960 1800 1800 3600 1200 1200

15960 1800 1800 3600 1200 1200

74880 9300 9300 18600 4800 4800

PAG-IBIG

EE

100 2917 3848 16152

100 2417 3323 14677

100 1108 1794 10206100 1108 1794 10206

400 7550 10760 51240

PAG-IBIG

EE

1200 35001 46177 193823

1200 29001 39877 176123

1200 13300 21532 122468

1200 13300 21532 122468

4800 90602 129117 614883

2018 2019

193823 193823

176123 176123

122468 122468

122468 122468

6000 6000

PHILHEALTH PAG-IBIG

PHILHEALTH PAG-IBIG

WITHHOLDING

TAX

TOTAL

DEDUCTIONS NET PAYABLE

NET PAYABLE

WITHHOLDING

TAX

TOTAL

DEDUCTIONS


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6000 6000

21600 21600

648483 648483

2018 2019

648483 64848324415 24415

9300 9300

4800 4800

90602 90602

777600 777600

62000 62000

839600 839600

2018 2019

0 0

710483 710483

710483 710483

0 0

2018 2019

24415 24415

24415 24415

24415 24415

24415 24415

2018 20199300 9300

9300 9300

9300 9300

9300 9300

2018 2019

4800 4800

4800 4800

4800 4800

4800 4800

2018 2019

90602 90602

90602 90602

90602 90602

90602 90602


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TOTAL

200 2917

200 2417200 1108

200 1108

800 7550

TOTAL

2400 35001

2400 29001

2400 13300

2400 13300

9600 90602

WITHHOLDING

TAX

WITHHOLDING

TAX


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Schedule 7 Monthly Rental Number of Months 2015 2016 2017 2018

Rent Payable, beg 0 0 0 0

Rent Expense 38800 12 465600 465600 465600 465600

Rent Paid 465600 465600 465600 465600

Rent Payable, end 0 0 0 0

Schedule 8 Monthly Rental Number of Months 2015 2016 2017 2018

Advances to Lessor 38800 2 77600 77600 77600 77600


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2019

0

465600

465600

0

2019

77600


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Schedule 9.1

Quantity Cost Total Cost Total Salvage Value

Computer 4 19000 76000 7600

Computer Software 1 50000 50000 5000

Printer 1 6800 6800 680

Fax Machine 1 11800 11800 1180

Television 1 33000 33000 3300Air Conditioner 3 8000 24000 2400

Water Dispenser 1 5000 5000 500

Total Equipment 206600 20660

Schedule 9.2


Cash Vault 1 5000 5000 500

Office Table 2 5100 10200 1020

Clerical Chair 3 1600 4800 480

Customer's Chair 2 1100 2200 220

Couch 2 12900 25800 2580

Shelf 2 11200 22400 2240

Reservation Counter 1 10000 10000 1000

Center Table 1 13400 13400 1340

Table 1 24600 24600 2460

Total Furniture and Fixtures 118400 11840

Schedule 9.3


Total Leasehold Improvements 430000 0

Schedule 9.4


Total 755000 32500


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Esimated Years 2015 2016 2017 2018 2019 2015 2016

5 13680 13680 13680 13680 13680 62320 48640

5 9000 9000 9000 9000 9000 41000 32000

5 1224 1224 1224 1224 1224 5576 4352

5 2124 2124 2124 2124 2124 9676 7552

5 5940 5940 5940 5940 5940 27060 211205 4320 4320 4320 4320 4320 19680 15360

5 900 900 900 900 900 4100 3200

37188 37188 37188 37188 37188 169412 132224

Esimated Years 2015 2016 2017 2018 2019 2015 2016

5 900 900 900 900 900 4100 3200

5 1836 1836 1836 1836 1836 8364 6528

5 864 864 864 864 864 3936 3072

5 396 396 396 396 396 1804 1408

5 4644 4644 4644 4644 4644 21156 16512

5 4032 4032 4032 4032 4032 18368 14336

5 1800 1800 1800 1800 1800 8200 6400

5 2412 2412 2412 2412 2412 10988 8576

5 4428 4428 4428 4428 4428 20172 15744

21312 21312 21312 21312 21312 97088 75776

Esimated Years 2015 2016 2017 2018 2019 2015 2016

10 86000 86000 86000 86000 86000 344000 258000

Esimated Years 2015 2016 2017 2018 2019 2015 2016

10 144500 144500 144500 144500 144500 610500 466000

Depreciation C

Depreciation C

Depreciation C

Depreciation C


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2017 2018 2019 2015 2016 2017 2018 2019

34960 21280 7600 13680 27360 41040 54720 68400

23000 14000 5000 9000 18000 27000 36000 45000

3128 1904 680 1224 2448 3672 4896 6120

5428 3304 1180 2124 4248 6372 8496 10620

15180 9240 3300 5940 11880 17820 23760 2970011040 6720 2400 4320 8640 12960 17280 21600

2300 1400 500 900 1800 2700 3600 4500

95036 57848 20660 37188 74376 111564 148752 185940

2017 2018 2019 2015 2016 2017 2018 2019

2300 1400 500 900 1800 2700 3600 4500

4692 2856 1020 1836 3672 5508 7344 9180

2208 1344 480 864 1728 2592 3456 4320

1012 616 220 396 792 1188 1584 1980

11868 7224 2580 4644 9288 13932 18576 23220

10304 6272 2240 4032 8064 12096 16128 20160

4600 2800 1000 1800 3600 5400 7200 9000

6164 3752 1340 2412 4824 7236 9648 12060

11316 6888 2460 4428 8856 13284 17712 22140

54464 33152 11840 21312 42624 63936 85248 106560

2017 2018 2019 2015 2016 2017 2018 2019

172000 86000 0 86000 172000 258000 344000 430000

2017 2018 2019 2015 2016 2017 2018 2019

321500 177000 32500 144500 289000 433500 578000 722500

rrying Value Accumulated Depreciation





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Schedule 10.1 Unit Price Quantity Total Cost

Ballpen 40 5 200

Bond Paper (short) 149 5 745

Carbon Paper 12 3 36

Cash Register Tape 20 40 800

Clipboard 75 2 150Columnar notebook 34 6 204

Correction Fluid 35 5 175

Cutter 27.75 5 138.75

Expandable Folder 15 10 150

Fastener 22.5 1 22.5

Fire Extinguisher 1500 2 3000

Folder (short) 3 15 45

Glue 20 3 60

Highlighter 24 5 120

Masking Tape 30 5 150

Paper Clip (33mm) 6.75 2 13.5

Pay Slip Envelope 13.25 1 13.25

Pencil 20.75 5 103.75

Permanent Marker 19 5 95

Printers Ink (black) 390 5 1950

Printers Ink (colored) 390 5 1950

Puncher 89 2 178

Record Book 60 2 120

Rubber Band 166 2 332

Ruler (12) 14 2 28

Scissors 18 2 36Scotch Tape 21 5 105

Sharpener 14.7 2 29.4

Stamping Dater 74.75 1 74.75

Stamp Pad Ink 27 5 135

Stapler 57.75 3 173.25

Staple Wires (#35) 23 10 230

Time Card 74 2 148

White Board (2X3ft.) 825 1 825

White Board Marker 23.75 5 118.75

White Board Eraser 12.5 2 25

TOTAL 12680


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Schedule 10.2 2015 2016 2017 2018

Office Supplies, beg 0 634 589 598

Purchases 12680 11150 11373 11600

Office Supplies, end 634 589 598 610

Office Supplies Expense 12046 11195 11364 11589


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2019

610

11832

622

11820


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Schedule 11.1 Quantity Wattage (kW) Hours Rate per kW/h

Computer 4 0.049 8 5.190

Printer 1 0.480 8 5.190

Fax Machine 1 0.250 8 5.190

Television 1 0.322 8 5.190

Air Conditioner 3 1.440 8 5.190

Water Dispenser 1 0.090 8 5.190LED Light Builb 6 0.020 8 5.190

Total Electricity Expense

Schedule 11.2 m3/Month Minimum Charge Monthly Cost Annual Cost

Water Less than 10m3 189 189 2272

Schedule 11.3 Quantity/Month Price Monthly Cost Annual Cost

Drinking Water 10 35 350 4200

Schedule 11.4 Quantity/Month Price Monthly Cost Annual Cost

PLDT Subscription Plan 1 1899 1899 22788

Postpaid - Smart 1 599 599 7188

Postpaid - Globe 1 599 599 7188

Schedule 11.5 2015 2016 2017 2018

Electricity 62375 63622 64895 66192

Water 2272 2295 2318 2341

Drinking Water 4200 4200 4200 4200

PLDT Subsription Plan 22788 22788 22788 22788

Postpaid - Smart 7188 7188 7188 7188

Postpaid - Globe 7188 7188 7188 7188

Total Utilities Expense 106011 107281 108576 109897

Schedule 11.5 2015 2016 2017 2018

Utilities Payable, beg 0 0 0 0

Total Utilities Expense 106011 107281 108576 109897

Total Utilities Paid 106011 107281 108576 109897

Utilities Payable, end 0 0 0 0


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Daily Cost Days of Operation Annual Cost

8.138 260 2116

19.930 260 5182

10.380 260 2699

13.369 260 3476

179.366 260 46635

3.737 260 9724.982 260 1295

239.903 62375

2019

67516

2364

4200

22788

7188

7188

111245

2019

0

111245

111245

0


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Schedule 12.1 Quantity Cost Total Cost

Promotional Posters 18x24 20 50 1000

Tarpaulin 30 sq. ft. 10 900 9000

Leaflets 3x8 5000 2 10000

Foldable fans 2000 10 20000

Calling Cards 5000 1 5000

Total 45000


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Schedule 12.2 2015 2016 2017 2018 2019

Advertising Payable, beg 0 0

Advertising Expense 45000 45900 46818 47754 48709

Cash Paid 45000 45900 46818 47754 48709

Advertising Payable, end 0 0 0 0 0


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Schedule 13.1

Procedures to Register Business Cost

1.Register the company with the Securities and Exchange Commission (SEC) 2400

2. Notarize articles of co-partnership and treasurer's affidavit at the notary 500

3. Register the company with the BIR and receive pre-registered Taxpayer

Identification Number (TIN) from the BIR 500

4. Obtain barangay clearance 2505. Pay the annual community tax and obtain the community tax certificate (CTC) from

the City Treasurer's Office (CTO) 500

6. Obtain the business permit to operate from the BPLO 5400

7. Buy special books of account at bookstore 400

8. Apply for Certificate of Registration (COR) and TIN at the Bureau of Internal Revenue

(BIR) 115

9. Pay the registration fee and documentary stamp taxes (DST) at the AAB 5700

10. Obtain the authority to print receipts and invoices from the BIR No charge

11. Print receipts and invoices at BIR 3500

12. Have books of accounts and Printers Certificate of Delivery (PCD) stamped by the

BIR No charge

13. Register with the Social Security System (SSS) No charge

14. Register with the Philippine Health Insurance Company (PhilHealth) No charge

15. Register with Home Development Mutual Fund (Pag-ibig) No charge

Total Registration Cost 19265

Yearly Accreditation Fee 1100

Total Permit and Licences 20365

Schedule 13.2 2015

Permit and Licences Payable, beg 0

Permit and Licences Fee 20365Cash Paid 20365

Permit and Licences Payable, end 0


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2016 2017 2018 2019

0 0 0 0

1100 1100 1100 11001100 1100 1100 1100

0 0 0 0


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Schedule 14 2015 2016 2017 2018 2019

Miscellaneous Payable, beg 0 0 0 0 0

Hiring and Training 5000 0 0 0 0

Transportation 50000 50000 50000 50000 50000

Repairs and Maintenance 15000 15000 15000 15000 15000

Total Miscellaneous Expense 70000 65000 65000 65000 65000

Cash Paid 70000 65000 65000 65000 65000Miscellaneous Payable, end 0 0 0 0 0


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Schedule 15 2015 2016 2017 2018 2019

Note Payable, beg 0 500000 500000 500000 500000

Notes Issued 500000 0 0 0 0

Notes Paid 0 0 0 0 0

Note Payable, end 500000 500000 500000 500000 500000

Schedule 16 2015 2016 2017 2018 2019

Interest Payable, beg 0 0 0 0 0

Interest Expense 60000 60000 60000 60000 60000

Interest Paid 60000 60000 60000 60000 60000

Interest Payable, end 0 0 0 0 0

Schedule 18 2015 2016 2017 2018 2019

Income Tax Payable (Benefit), beg 0 -88715 -95721 -22806 116466

Income Tax Expense -88715 -7005 72914 162078 261553

Income Tax Paid 0 0 0 22806 116466

Income Tax Payable (Benefit), end -88715 -95721 -22806 116466 261553


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Schedule 17.1 2015 2016 2017 2018 2019

Gross Receipts

Commission Income 1179669 1318451 1473192 1645697 1837971

Service Income 361664 404212 451652 504539 563486

Total Receipts subject to VAT 1541333 1722663 1924845 2150236 2401458

Rate 1/9 1/9 1/9 1/9 1/9Total Output VAT 165143 184571 206233 230382 257299

Schedule 17.2 2015 2016 2017 2018 2019

Gross Payments

Payment for Capital Assets 755000 0 0 0 0

Rent Paid 543200 465600 465600 465600 465600

Office Supplies 12680 11150 11373 11600 11832

Utilities 106011 107281 108576 109897 111245

Advertising 45000 45900 46818 47754 48709

Miscellaneous 70000 65000 65000 65000 65000

Total Payments subject to VAT 1531891 694931 697367 699852 702387

Rate 1/9 1/9 1/9 1/9 1/9

Total Input Taxes 164131 74457 74718 74984 75256

Schedule 17.3 2015 2016 2017 2018 2019

VAT Payable, beg 0 1012 111126 242641 398040

Output VAT 165143 184571 206233 230382 257299

Input VAT 164131 74457 74718 74984 75256

VAT Payable 1012 111126 242641 398040 580083

VAT Paid 1012 111126 242641 398040 580083

VAT Payable, end 0 0 0 0 0


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Schedule 2015 2016 2017

Commission Income 5.1 1179669 1318451 1473192

Service Income 5.2 361664 404212 451652Total Income 5.3 1541333 1722663 1924845

Operating Expenses

Salary Expense 6.1 839600 839600 839600

Rent Expense 7 465600 465600 465600

Depreciation Expense 9.4 144500 144500 144500

Office Supplies Expense 10.2 12046 11195 11364

Utilities Expense 11.5 106011 107281 108576

Advertising Expense 12.2 45000 45900 46818

Permit and Licenses 13.2 20,365 1,100 1,100

Miscellaneous Expense 14 70000 65000 65000

Interest Expense 16 60000 60000 60000

Net Income -221788 -17513 182286

Income Tax Expense (Benefit) 17 -88715 -7005 72914

Net Income after Taxes -133073 -10508 109372

Comparative Statement of Comprehensive Income

SAFE AND SOUND TRAVEL AGENCY

For Years Ended 2015, 2016, 2017, 2018


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2018 2019

1645697 1837971

504539 5634862150236 2401458

839600 839600

465600 465600

144500 144500

11589 11820

109897 111245

47754 48709

1,100 1,100

65000 65000

60000 60000

405196 653883

162078 261553

243117 392330


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Abariso, Capital Cruz, Capital Dalangin, Capital

Capital, 01/01/15 200000 200000 200000

Net Income, 2015 -22179 -22179 -22179Capital, 01/01/16 177821 177821 177821

Net Income, 2016 -1751 -1751 -1751

Capital, 01/01/17 176070 176070 176070

Net Income, 2017 18229 18229 18229

Capital, 01/01/18 194298 194298 194298

Net Income, 2018 40520 40520 40520

Capital, 01/01/19 234818 234818 234818

Net Income, 2019 65388 65388 65388

Capital, 31/12/19 300206 300206 300206

Comparative Statement

SAFE AND SOU

For Years Ended


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Espiritu, Capital Fernandez, Capital Mateo, Capital Total

200000 200000 200000 1200000

-22179 -22179 -22179 -133073177821 177821 177821 1066927

-1751 -1751 -1751 -10508

176070 176070 176070 1056419

18229 18229 18229 109372

194298 194298 194298 1165791

40520 40520 40520 243117

234818 234818 234818 1408908

65388 65388 65388 392330

300206 300206 300206 1801238

of Changes in Owner's Equity

ND TRAVEL AGENCY

015, 2016, 2017, 2018


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Schedule 2015 2016 2017

Current AssetsCash CF 918595 1045627 1372404

Office Supplies 10.2 634 589 598

Total Current Assets 919229 1046216 1373002

Noncurrent Assets

Advances to Lessor 8.0 77600 77600 77600

Equipment, net 9.1 169412 132224 95036

Furniture and Fixtures, net 9.2 97088 75776 54464

Leasehold Improvements, net 9.3 344000 258000 172000

Income Tax Benefit 17 88715 95721 22806

Total Noncurrent Assets 776815 639321 421906

1696044 1685536 1794908

Current Liabilities

SSS Contribution Payable 6.3 24415 24415 24415

PhilHealth Contribution Payable 6.4 9300 9300 9300

Pag-IBIG Contribution Payable 6.5 4800 4800 4800

Withholding Tax Payable 6.6 90602 90602 90602

Income Tax Payable 18 0 0 0

Total Current Liabilities 129117 129117 129117

Noncurrent LiabilitiesNotes Payable 15 500000 500000 500000

758234 758234 758234

Abariso, Capital 177821 176070 194298

Cruz, Capital 177821 176070 194298

Dalangin, Capital 177821 176070 194298

Espiritu, Capital 177821 176070 194298

Fernandez, Capital 177821 176070 194298

Mateo, Capital 177821 176070 194298

Total Shareholer's Equity 1066927 1056419 1165791

1825161 1814653 1924025

Check -129117 -129117 -129117

Shareholder's Equity

Total Liabilities and Shareholder's Equity

Total Liabilities

Total Assets


For Years Ended 2015, 2016, 2017, 2018

Assets

Comparative Statement of Financial Position

Liabilities


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2018 2019

1899282 2581187

610 622

1899891 2581809

77600 77600

57848 20660

33152 11840

86000 0

0 0

254600 110100

2154491 2691909

24415 24415

9300 9300

4800 4800

90602 90602

116466 261553

245583 390670

500000 500000

991166 1281341

234818 300206

234818 300206

234818 300206

234818 300206

234818 300206

234818 300206

1408908 1801238

2400075 3082579

-245583 -390670


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2015 2016 2017 2018 2019

Cash flow from Operating Activities

Gross Receipts 1541333 1722663 1924845 2150236 2401458Salary Paid 710483 710483 710483 710483 710483

Rent Paid 465600 465600 465600 465600 465600

Office Supplies Paid 12680 11150 11373 11600 11832

Utilities Paid 106011 107281 108576 109897 111245

Advertising Paid 45000 45900 46818 47754 48709

Permit and Licences Paid 20365 1100 1100 1100 1100

Miscellaneous Paid 70000 65000 65000 65000 65000

Advances to Lessor 77600 0 0 0 0

SSS Contribution Paid 0 24415 24415 24415 24415

PhilHealth Contribution Paid 0 9300 9300 9300 9300

Pag-IBIG Contribution Paid 0 4800 4800 4800 4800

Withholding Tax Paid 0 90602 90602 90602 90602

Income Tax Paid 0 0 0 22806 116466

Cash flow from Investing Activities

Purchase of Equipment 206600 0 0 0 0

Purchase of Furniture and Fixtures 118400 0 0 0 0

Purchase of Leasehold Improvements 430000 0 0 0 0

Cash Flow from Financing Activities

Original Investment 1200000 0 0 0 0Issuance of Notes payable 500000 0 0 0 0

Interest Paid 60000 60000 60000 60000 60000

Net Cash Flow 918595 127032 326777 526878 681905

Cash Balance, beg 0 918595 1045627 1372404 1899282

Cash Balance, end 918595 1045627 1372404 1899282 2581187

Comparative Statement of Cash Flows


For Years Ended 2015, 2016, 2017, 2018


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Financial Evaluation Measures

2015 2016 2017 2018 2019

Liquidity Ratio

A.Working Capital= Cu 790111.68 917098.60 1243884.70 1654308.27 2191138.22

B. Current Asset Ratio 7.12 8.10 10.63 7.74 6.61

C. Acid Test Ratio=Qui 7.11 8.10 10.63 7.73 6.61

Profitability Ratio

A. Net Profit Margin = -9% -1% 6% 11% 16%

B. Return on Investme -12% -1% 9% 17% 22%

C. Return on Asset = N -8% -1% 6% 11% 15%

Asset Management Ratio

Total Assets Turnover 0.91 1.02 1.07 1.00 0.89

Debt Management Ratio

A. Debt Ratio = Total Li 0.45 0.45 0.42 0.46 0.48

B. Debt/ Equity Ratio = 0.71 0.72 0.65 0.70 0.71

Capital Budgeting Evaluation Measures

Payback Period: Year Remainin Cash Flows

1 1015645 918595

2 97050 127032

Payback Period: 1.76 years

Net Present Value: Required Rat 15%

Year Cash Flows

1 918595

2 127032

3 326777

4 526878

5 681905

NPV= 734320.03

Profitability Index: 1.72

Travel Agency Final With Financial Ratio)

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