Now that we have discussed a bit about our company, we will show you the financial results compared with the expected ones. In the next slides we will present you our Balance Sheet and our Income Statement in details. As we already explained before, our goal was to make the most profit we could and to pay our debt back to Ajarn Pattamol after this selling period.
We chosed the selling price of 30 THB instead of the proposed 35THB.
As you can see in the Table 1, our initial sales forecast was 20 sandwiches per day, which was supposed to give us a daily revenue of 700 THB. As consequence, the total revenues of 8 days should have been 5600THB.
But actually (see Table 2) we changes our average sales per day to 40 sandwiches, which gave us 1200THB revenues. As consequence, our total revenues of 8 days was 9600THB.
Our initial funds availability were the external sources represented by 1.000THB from Aj. Pattamol.