DAHON COMPANY

date pmt int princinpal pmt outs. Bal

31-Aug 1,850,000.00
31-Aug 800,000.00 800,000.00 1,050,000.00
31-Aug 230,000.00 230,000.00 820,000.00
30-Sep 72,856.51 8,200.00 64,656.51 755,343.49
31-Oct 72,856.51 7,553.43 65,303.07 690,040.42
30-Nov 72,856.51 6,900.40 65,956.10 624,084.31
31-Dec 72,856.51 6,240.84 66,615.67 557,468.65
31-Jan 72,856.51 5,574.69 67,281.82 490,186.83
29-Feb 72,856.51 4,901.87 67,954.64 422,232.19

installment payments:
PVoa 820,000.00
factor ÷ 11.255
72,856.51
i. downpayment 800,000.00
T-in 230,000.00
inst. Collected 262,531.35
total collections 1,292,531.35
GP rate-2011 x 36.76%
RGP-2011 475,092.60

installment collections 135,236.46

GP rate-2012 x 36.76%
RGP-2012 49,708.54

ii. Repo. Merchandise 250,000.00

Unrecovered Cost
(422,232.19x(1-0.3676)) (267,019.64)
gain(loss) on repo. (17,019.64)

PALAMIG DRINK

i.
cash sales 60,000.00 60,000.00 60/400 39,000.00
change sales 122,000.00 ÷ 1.22= 100,000.00 100/400 65,000.00
I/S 302,400.00 ÷ 1.26= 240,000.00 240/400 156,000.00
400,000.00 260,000.00
 ii.
IC/R-2010 IC/R-2011 IC/R-2012
37,000.00 64,000.00 -
12,000.00 14,000.00 302,400.00
C=15,000 C=20,000 C=122,400
10,000.00 10,000.00 180,000.00

iii.
GP-Cash sales(60,000-39,000) 21,000
GP-Charge sales(122,000-65,000) 57,000
GP-I/S
2010: 15,000 x 40% 6,000
2011: 20,000 x 41% 8,200
2012: 122,400 x 48.41% 59,253.84 73,453.84
Total RGP 151,453.84

NOSEBLEED COMPANY

i.
I/S 198,500.00 200,000.00
Cost of I/S:
BI 10,000.00 10,000.00
RM 2,500.00 2,500.00
T-in 1,500.00 1,500.00
Purchases 120,000.00 120,000.00
TGAS(book) 134,000.00 134,000.00
EI (count)
(26,000+2,500+1,500) (30,000.00) 104,000.00 (30,000.00) 104,000.00
GP-2012 94,500.00 96,000.00

ii. DGP-2011= 25,000 x 40%= 10,000

iii.
IC/R GP IC/R GP
collect'n rates RGP-2012 collect'n rates RGP-2012
2011 49,000.00 40.00% 19,600.00 49,000.00 40.00% 19,600.00
2012 103,500.00 47.61% 49,276.35 105,000.00 48.00% 50,400.00
68,876.35 70,000.00

iv. repo. merch 2,500

unrecovered cost(6,000-2,400) (3,600)
gain(loss) on repos. (1,100)