Required: Estimated Cash Flow in 5 years Estimated Income Statement in 5 years ...

80.2K

Verified Solution

Question

Accounting

Required:

  1. Estimated Cash Flow in 5 years
  2. Estimated Income Statement in 5 years

Data: Native chicken production (assumed in 5 years of operations).

Operation Budget:

The proposed project is estimated as the budget for the operation activities.

Native chicken (40 heads hen) 40 x 350 = P14,000

Rooster 10 heads 10 x 350 = 3,500

Assumptions:

The foundation stocks of 40 hens are 4-5 months old and are all ready to lay and 10 Rooster ready to breed. Each hen has the average capacity to produce eggs 7 per laying.

The average weight of the chicken at the market shall be 1.5 kg. at 4 months old.

6 x 7 = 42 x 40 = P 1,680 x 1.5 kg./chicken x 2.80/kg. = P 705,600

Sales P 705,600

Stocks : 50 heads x 350 P 17,500

Feeds: 72,000

Fencing Materials

Housing P 10,000

8 Rolls Polynet @ P 5,000/roll 40,000

Overhead Cost 30,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students