Академический Документы
Профессиональный Документы
Культура Документы
CHAPTER 1
INTRODUCTION
In a world full of busy people and modernized lifestyle, we tend to multi-task things and
it sometimes lead to unaccomplished tasks. A device, particularly an alarm can help us lessen the
work. An ounce of prevention is worth a pound of cure (Franklin, 1780). To be ready before a
disaster will occur is better than dealing with it after. One of the most effective ways to prevent
accidents is having an alarm signal that indicates a certain precautionary measure before an
accident will occur. This device system can be included as part of our awareness not just for our
daily lives but also in working facilities. It can also reduce the excessive water consumption.
Francis Robbins Upton was the one who patented the very first electric fire alarm during
1890. The first electrical heat detector was patented by George Andrew Darby in1902. While in
late 1930s, a Swiss Physicist named Walter Jaeger tried to create a sensor of poison gas but his
creation didn’t achieved its purpose because the sensor’s conductivity is not effective on small
concentration of gas. It was after then he discovered by accident that a smoke from his cigarette
was detected by the meter of his device; his experiment was one of the reasons that smoothened
the creation of modern smoke detector. It was in 1951 where the first Ionization smoke detectors
were first sold in the United States but I was only used in major commercial and industrial
facilities in the next few years because of its size and cost. In 1955, fire alarms for homes were
A smoke detector is a modern technology that senses smoke as a signal stating that there
is a fire on a particular area. This is the inspiration of our product which aims to give signal
whenever a water level reaches its maximum volume and just like a commercial security device
that sends an indication to a control panel as part of the alarm system. The function of a smoke
alarm is what made us come up with the idea of making a water cap alarm.
One of the most significant resources that the human beings, the plants and the animals
need is water. It is indeed a necessity for us to survive. Aside from food, water has also a great
impact to our daily basis because we are consuming and using it on regular activities; we are
known to survive few weeks without food but not without the aid of water. Without it, a human
would die in a few days. Without the supply of water in the human bodies can result to
headache and may eventually reach a state of pathology. “You can go 100 hours without drinking
at an average temperature outdoors. If it’s cooler, you can go a little longer. If you are exposed to
Water portrays a significant part in our global economy. An estimate of 70% of the
freshwater is used by people for agricultural purposes –wherein water helps the fruits and
vegetables to grow and raise live stocks, which is one of the sources of human consumption. It is
also widely used by farmers for the irrigations, pesticide and fertilizer applications, crop cooling
and frost control. In addition, a major source of food for several parts of the world usually comes
from fishing in salt and fresh water bodies such as; river, streams, lake, ponds and ocean. Water is
famous for being an excellent solvent for a various kinds of chemical substances for instance. It is
Page| 3
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
also used in industrial processing, cooking and washing. Bodies of water is usually considered to
be a leisure place for many sports and other forms of entertainment namely; swimming, pleasure
boating, boat racing, surfing, sport fishing, diving and many more. It is also known as a means of
transportation for human beings, their properties and other things that are necessary to export or
People who reside in rural areas or those who live in the remote areas have tremendous
water shortage due the lack of water system that makes the supply of water possible in their
location. While people who live in highly urbanized locations or cities may hardly realize the
serious need for water. This is because the supply of the water they have in their location may
seem always available. “The water footprint refers to the volumes of water consumption and
pollution that are ‘behind’ your daily consumption”. (Network, 2010). Most of the people may not
notice the real importance of water until they aren't able to get sufficient source of clean water.
When the need of the water arises what they only need to do is to open the faucet and
consume as much water as they want to. This results to excessive water wastage. People may not
notice that only 1% of the total percentage of water in the Earth can be consumed by human
beings and other living creatures. Other bodies of water can only be consumed if it will undergo
Global warming also is the primary cause of volatile sea level of our planet. Obviously it
is one of the main issues that the human race faces hereon then. Sea level rise can be defined as
Page| 4
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
an increase in the level of the surface of the ocean relative to the land. This dilemma has a great
impact to the lives people and the environment such as floods, strong typhoons and other water-
related phenomenon that destroys not just the lives of human beings but also their properties. An
increase in the atmospheric average temperature due to the buildup of certain gases in the
atmosphere is mainly caused by the burning fossils fuels. As the atmosphere warms, the surface
layer of the ocean warms as well, expanding in volume and thus raising sea level. For instance,
when manufacturing companies burn fossil fuels the gases goes to the atmosphere where they
form and accumulate which causes the atmosphere to be warmer thus results of melting the ices
in the Southern poles and rise of sea level. Therefore the sea level rise is one of the main reasons
With these environmental issues that the world faces nowadays, it is appropriate to make
something that will lessen or help to reduce excessive water wastage. The only way to solve the
problem of water scarcity for the future consumers is by water conservation. We all need to
understand the essence of water and problems connected with it. Life is possible on earth because
of the existence of water that's why proper consumption of water must be practiced.
Therefore a device that can detect or recognize if maximum water level of a container has
been reach can help the people conserve the water. It can be used as an alarm system where its
parts where scientifically combined to provide people a helping device that notifies them about
their water usage. Therefore one can get maximum level of assurance that they will be noticed
whenever a water limit of their containers has been reached whether they are at home, apartment,
Water alarm sensors provide functionality. It gives a signal whenever the device detects a
water overflow. With this approach, the customer can always have the assurance that there will be
CHAPTER 2
MANAGEMENT ASPECT
business. To attain this, management should be ready to plan all activities to become
productive and competitive within the business through human resource, monetary
capability, and innovative ideas. This includes a study of officers and key personnel,
and project schedule. The main objective of this plan is to see the choice effectiveness of
5. To enumerate the various positions, qualifications and their duties and responsibilities.
Owners
The partnership is composed of one general partner, Mr. Joel Patrick Baliton, and
four limited partners namely Ms. Ira Jesusa Briones, Ms. Angelica Mendoza, Ms. Janelle
Table 1
Capital Contribution
Type of Business
partnership composed of five partners. All of the partners contributed capital in the form
of money.
Vision
Mission
overflowing
Page| 8
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
The purpose of conducting the feasibility study of the water cap alarm is for the
entity to know the factors that the entity needs for it to achieve its business’ success.
Gathering data and analyzing them will give the company a hint of how much the product
will be sold so that it will have a reasonable price yet high a quality product. It is also
included in this study the factors that will help the entity to determine how many units of
the products they need to produce for them to create the most profitable revenue stream
The probable success of the study of the water cap alarm will impose an
advantage to the government for it will contribute taxes which will help sustain its
operations. The possible establishment of the business will also be an additional help to
the industry. It will also contribute to the economic growth of the country by helping the
The study aims to make sure that the product will serve its purpose, that is, a high-
quality product that will help the customers to conserve water by notifying them when a
certain water level is reached in the container. This will also help the people to cost cut
their expenses.
The feasibility study of the product and its expected degree of success will greatly
General Manager
Production Accountant
Marketing Head
Officer
Production and
Technology & Storage workers
Quality Control
Specialist
General Manager– is responsible for overseeing the day to day operations of the
Marketing Officer– is responsible for the marketing strategy of the company and
Production Head– is responsible for turning inputs into finished outputs through
Accountant– is responsible for the cash flow transactions of the company. They
the business.
Technology & Quality Control Specialist– is responsible for ensuring that the
products.
Page| 11
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
Job Specifications
General Manager
Marketing Officer
Production Head
Accountant
Planning and
settlement of the
product to be
produced and sold
Selection of the
supplier/s
Finalization of the
business location
Settlement of
business requirements
As any entity starts its business, planning is the first thing that should be done. On
the first month, July, it is the stage of planning and deciding what to produce and sell. On
the month of August, the suppliers will be selected and the location of the business will
be finalized. The settlement of business requirements will also occur on this month up to
September. Included on September is the hiring process. Employees will be chosen and
undertake trainings up until October. Along on the month of October is the start of
production for the 1st batch of water cap alarms; and will be done on November. By the
CHAPTER 3
MARKETING ASPECT
important activities which include the establishment of demand for a proposed product
taking into account the particular needs and demands of a target market or customers,
customer satisfaction, analyzing their needs, and developing strategies to attain this goal
of client satisfaction.
conducted. It is imperative to determine the customers’ wants and needs because their
fulfillment is the business’ main goal while achieving the objectives. Competition among
your product in a way that it would be unique and have an edge over other competing
products.
Place
Distribution System
provides services to end-user consumers. It is convenient for the consumers because the
Promotion
There are many promotional things to do that the business will do in order
to establish its business. The company will focus in the use of social media classified ads
due to the fact that it’s much more cost-effective than the usage of television classified
ads and it is also potent, given the reality that more and more people are staying on
the internet 24/7. The business will also use print ads and will additionally do print ads.
Product
Living in an age where we need to be extra conscious of the energy that we use, a
water alarm is best at saving power. Water Cap Alarm is an efficient and inexpensive
product made to help in conserving water. It is a great investment for those households
and businesses who want to reduce their water consumption. The product is easy to
helps save cash through limiting the waste of water. Over time, the cash saved
is quite substantial.
Price
The pricing strategy will be penetration pricing when you consider that the
product is just new in the market. It needs to have a competitive advantage from its
competitors; and aside from the technical advantages of the product, the partnership
would desire to entice the patron with the aid of supplying a price that is much lower in
contrast to the competitors. Although, the business made positive that the
price provided will be cost-based. The markup is about 130% making the company’s
Page| 16
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
Channel of Distribution
distribution. The main channel of distribution of its product, the water cap alarm, is
through the physical store which will be located at Stall 2 Alcon Building, Mac Arthur
J.J.P.I.A.
MANUFACTURING
Target Market
The main target market of J.J.P.I.A. Manufacturing are water refilling stations,
households aging 20-54 and other establishments involving water usage that are located
within Angeles City particularly Lourdes Sur East, Salapungan, San Jose and Sto.
Rosario.
The focus on water as a need for life conceals the fact that in societies today,
only a tiny fraction of water consumption is used for drinking and other necessities for
sustaining a healthy life. A large portion of water usage is for convenience, comfort and
beauty. Based on studies, it was found that for people living in villages, water
consumption exceeds 400 liters per capita per day; nearly half is used for gardening, and
most of the remainder for flushing toilets, bathing, and washing cars. While this might
sound normal, it surely goes beyond the basic human needs for water. The concern of
determining the minimum water requirement for a person to maintain a healthy life
comes about in the light of the current state of water supply and the growing scarcity
Table 2
Table 2 shows the projected population per barangay of the selected target market
as per location of J.J.P.I.A Manufacturing Company without considering the age group.
The growth rate is 2.14% as stated in the official website of Angeles City.
Table 3
20-24 36,113
25-29 33,764
30-34 26,591
35-39 25,304
40-44 19,909
Page| 19
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
45-49 17,048
50-54 13,975
Total 172,704
Housing
Table 3 shows the historical population of Angeles City with ages ranging
from 20 to 54 which is 47.59% of the total population of 362,844 for the year 2015.
Table 4
Target Market
Table 4 shows the population of the target market per barangay. The
percentage of the total population per barangay is multiplied to the 172,704 which is the
Demand
Supply
The entity has decided to produce 6000 units of water cap alarm in order to cover
CHAPTER 4
TECHNICAL ASPECT
The technical aspect is the discussion of project’s operation flow. It is one among
the necessities of this study because it responds to the technicalities and basic structure of
the proposed study. This includes the lists of raw materials, office supplies, equipment,
and also the production process. Utilities, facility, plant location and layout are also
Product Concept
The water cap alarm will help establish awareness to people and will help them
conserve water. It pioneers the functionality that detects and rings whenever there’s
Benefits
It is eco-friendly.
It is easy to operate.
It increases the productivity of the households because you can leave the
It can be used near water heaters, washing machines, sump pumps, bathtubs,
Plant Location: Stall 2 Alcon Building, Mac Arthur Highway, Angeles City, 2009
Pampanga
The monthly rental for the location of the office will cost P20, 000. The total rental
space is compose of 80sqm that is enough for the entity to operate in convenience.
Raw Materials
The water alarm will primarily come from the function of the smoke alarm by
restructuring and cabling the internal parts so that the device can detect overflowing
water in containers. The raw materials needed are smoke alarm, battery, electric tape, and
electric wire.
Commercial security devices issue a signal to a fire alarm control panel as part of a fire
alarm system, while household smoke detectors, also known as smoke alarms, generally
issue a local audible or visual alarm from the detector itself. The smoke alarm costs
P500.00.
Page| 24
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
Working Power: 9V
process, strong stability and independent use when smoke detection reaches a certain
concentration of smoke.
Decibels: 85
Figure 6. Battery
A lead acid storage battery is an electrochemical device that produces voltage and
delivers electrical current. The battery is the primary “source” of electrical energy used in
Details: 9 volts
Page| 25
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
The purpose of the wires in a series circuit is to allow the electricity to flow from
one device to the next. Wire is used to carry the flow of electrons. Metal wire is a very
insulate electrical wires and other materials that conduct electricity. It can be made of
many plastics, but vinyl is most popular, as it stretches well and gives an effective and
Page| 26
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
Outsourcing
The major part of the product, which is the smoke alarm, which will be converted
into water alarm, will come from an outside supplier. Outsourcing the said material will
be cheaper by roughly P300 per unit than making it. It will also increase the productivity
time of the product if the smoke alarm will be outsourced. This method will help the
Direct Labor
The production will need manpower that has sufficient knowledge on making the
Factory overhead
The entity will need materials that cannot be traced directly to the appearance end
product but is needed for the production such as scissors, pliers and hammer. The
sampling process will also need materials such as, water gallon, marker and cutter
Material: Scissors
Cost: P10.00
Material: Pliers
Cost: P50.00
Cost: P150.00
Material: Marker
Cost: P20.00
gallon
Material: Cutter
Cost: P15.00
Figure 9. Materials
Page| 28
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
ii. Using the smaller volume of bottle (maybe 1.5 Liters or 1 Liter) measure
the accurate amount of water needed to fill the whole gallon or tank.
iii. While filling the gallon with water, put a mark on the amount of water
using the maker to know the level of water inside the gallon.
iv. And then use cutter and scissors to put a hole on the lid or cover of the
gallon; it will act as the tunnel in which the electrical wires from inside the
i. Use the scissors to cut of both ends of the wire, unseating the copper wire
ii. Open the smoke alarm and investigate the mother board of the alarm to know
iii. Solder the wires in the mother board and close the smoke alarm but then
before it will be put on the gallon test the alarm by dipping the other end of
i. Secure the wires and made alarm on the gallon using the electrical tape.
ii. Tape the other ends of the wire inside the gallon as it pass through the given
hole and
iii. place the alarm outside the gallon to hear the beep.
iv. Fill the gallon with water and as it touches the wire the alarm will surely beep.
Note: In placing the other end of the wire, it must be placed before the water reaches
the top so at least 85% of the gallon. In this case; the gallon is 20 ML and its 85% is on
17 ML.
Page| 30
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
Packaging
The appearance of the product entails a great impact to the consumers. That’s why
the entity decided that it will be packaged in a box that contains the company logo,
product image, entity’s location and their contact number. To look pleasing in the eyes of
Pandayan
Bookstore
Ballpens
Pandayan
Bookstore
Scissors
Bookstore
Paper Clips
Bookstore
Folders
Units
Telephone
Computer Desktop
P25,000 2 SM P50,000
Appliance
Air-conditioner
Center
Units
Dust Pan
Rug
Broom
Trash Can
Page| 35
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
Feather Dust
Floor Mop
Abenson
Office Sofa
Abenson
Long table
Home Center
Office Cabinet
Delivery
The entity is just starting its own business hence delivery may be too costly but
products can be delivered through shipping carriers. If the business will have a successful
CHAPTER 5
FINANCIAL ASPECT
The Financial Aspect shows the starting capital, total sales and expenses, financial
statements and ratio analysis. This area of project feasibility shows if the business is
profitable or not.
Interpretations
As shown in the Table, from the year 2018, 2019 and 2020 there is a substantial
change due to the increase of profitability all throughout the year which indicates that the
company can increase their revenues while paying their expenses. There is a slight
decline in other expenses such as Salaries and Depreciation due to the Increase of the
Gross Sales over the Expenses which indicate a good sign that the company can maintain
its costs.
There is a slight increase in the Current Asset of the company of the company
which indicates that the company increasing its liquidity. The Increase of Accounts
Receivable and decrease of inventory indicates that the company is making its Sale
considering the volume of sales was increasing; these changes can be viewed as
beneficial to the company. The Non-current Asset portion company shows a constant
The increase of the Sales and Accounts Receivable has an effect to the current
liability of the company which increases due to its purchasing capacity which leads the
company to increase its revenue. All of the capitals of the partners are fairly maintained
all throughout the year while Retained Earnings has an increasing percentage due to the
Since the Partners are required to maintain its balances all throughout the year,
there is a change of 213% as to the Net Income which states a 2% increase to the ending
capital balance as of the Year 3 which indicates that the wealth of the Company increase
There is an increase of 4% of the Sales which indicates that the company has a
greater demand and as to the Gross Profit which states that it can also increase its
profitability while increasing its sale. Other expenses also increases as to the same
percentage due to costs to up bring the product to the market. There is a gradual increase
in the profit of the company which denotes that the company can make a good profit
The Current Asset and Current Liabilities of the company had an increased by 4%
which implies there is an equal portion changes for the two sides. But the increase in the
accounts receivable and decrease in inventory states a good representation that the
All of the Noncurrent Assets were decreased by 22.22% which states that out
company uses its plant and equipment efficiently as to the increase of its Sale while there
earnings had an increase of 212.69% due to the increase of the company’s revenue.
Page| 48
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
Financial Ratios
Table 5
Current Ratio
The current ratio trend for years 1 to 3 is unfavourable. In years 2 and 3, the
current ratio went down from 2.06 to 2.05 but it remained constant for two years. This
indicates that the company is capable of paying its obligations as it has a larger
proportion of asset value compared to its liabilities in year 1 but in years 2 and 3 it went
down because as the current assets increases the current liabilities also increases that led
Acid-Test Ratio
The acid-test ratio trend is increasing from year 1 to 2 and it became constant
from year 2 to year 3. This indicates that the company have enough liquid assets to pay
The working capital ratio trend from years 1 to 3 is unfavourable because of the
decline in years 2 and 3. The ratio indicates that the company is using their excess assets
effectively to maximize their revenue in year 1 and the company fall short in years 2 and
3.
Table 6
Debt Ratio
For Year 1 to Year 3, the debt ratio is increasing a bit which is often considered to
be less risky. This means that the company has more than twice as many assets as
liabilities. Or said a different way, the company’s liabilities are only 47-48% percent of
its total assets. Essentially, only its creditors own almost half of the company’s assets and
Equity Ratio
The equity ratio of the company for three years is decreasing just by a small
percentage. It is still at approximately 52% for the years. This means that partners rather
than debt are currently funding more assets. 52% percent of the company’s assets are
owned by partners and not creditors. Depending on the industry, this is a healthy ratio..
A debt to equity ratio of 1 would mean that partners and creditors have an equal
stake in the business assets. As for the company, its debt to equity ratios for three years
are lower (91.20%, 92.08%, 92.97%) which usually implies a more financially stable
business.
Asset Turnover
The asset turnover trend is favourable. This indicates that the company is
performing better since it implies that it is generating more revenue per peso of assets.
The sales to fixed assets ratio trend is favourable. The increasing percentage per
year indicates that the company has a greater efficiency in managing fixed assets
investments.
Table 7
Gross profit margin was stable throughout the 3-year projected amounts. It is considered
a positive sign even if the company may have to offer discounted prices to attract customers to
Entity's rate of return on sales improved from 1.55% year 1 to 1.95% on year 2 and
2.35% for year 3. This is favorable because it implies an ability of an entity to control its
Return on Assets and Return on Equity ratios indicate the portion of the amount of profit
earned relative to the level of investments in total assets and investments of the entity. Through
the 3-year projection, the amount of profit relative to the said accounts is positive as the profit
Table 8
Days Supply in ___360 days___ 360 days 360 days 360 days
Inventory Inventory Turnover 9.84x 10.14x 10.45x
The trade receivable turnover is favorable because it has an increasing trend. The
ratio increased by 2.56% from year 1 to year 3. This means that the number of times the
The average collection period is favorable because the collection period decreased
by 2.67% from year 1 to year 3. The trend indicates a faster collection of receivables
Inventory Turnover
that the company is able to have an efficient inventory management and profit for the
firm.
decreased by 5.85% from year 1 to year 3. This indicates that the days that the company
Page| 54
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
year 1 to year 3. This indicates that the company can use its working capital more times
per year which suggests that the money is flowing in and out of the business smoothly.
Page| 55
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
CHAPTER 6
SOCIO-ECONOMIC ASPECT
The socio-economic aspect shows the contribution of the study to the industry,
government and society. This aspect proves that the business is not only for profit
purposes but is also concern on the improvement of the welfare of the people.
The business aims to possess competence in the long-run and by that, it will need
several factors for it to be established. These factors are all intertwined to the overall
economic performance of the whole country. The business’ establishment will provide
operations and up to its maintenance. It also aims to contribute to the increase of the
gross domestic product and to the overall economic growth of the country.
The entity also aims to prolong its commitment to people by producing electric
food container while not unjustly disturbing others by abiding to the laws that needs to be
followed. It envisions that the whole business will be a law abiding entity throughout its
economic life. In connection with that, the entity aims to contribute to the lifeblood of the
The entity concerns for its environment, thus, it aims to sustain its social
responsibilities by giving back to the people what it gained. It aims to help the people
make their life easier by reducing their task of heating their food especially those who are
working.
The goals and objectives of the entity will impose a great impact not only to the
Page| 56
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
entity itself but also the organizations and people around it.
APPENDIX A
The partnership is composed of one general partner, Ms. Alexis Sheena Dumuk,
and five limited partners namely Mr. Joshua Sevilla, Ms. Nes Guinto, Ms. Daniella
Capobres, Ms. Pam Lingat and Mr. Christopher Legaspi. The capital contribution ratio
of the partners is respectively.
Limited Partnership
ARTICLES OF PARTNERSHIP
OF
EFOCO Partnership
_________________________________________________________
(Partnership Name)
That we, the undersigned partners, all of legal age, residents and citizens of the
Philippines, have on this day voluntarily associated ourselves together for the purpose of
forming a limited partnership under the following terms and conditions and subject to
existing and applicable laws of the Republic of the Philippines:
ARTICLE II. Business Purpose: That the purpose/s for which this partnership
is formed is/are:
ARTICLE III. Principal Place of Business: That the principal place of business
of this partnership shall be located at
(complete address)
ARTICLE IV. Term of Existence: That this partnership shall have a term of
____20_____ years from and after the original recording of its Articles of Partnership by
the Securities and Exchange Commission.
Articles of Partnership
ARTICLE VI. Capital Contributions: That the capital of this Partnership shall
be the amount of one hundred fifty thousand pesos (P150,000), Philippine Currency,
contributed in cash by the partners, as follows:
Name Amount
Contributed
That no transfer of interest which will reduce the ownership of Filipino citizens to
less than the required percentage of capital as provided by existing laws shall be allowed
Page| 58
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
ARTICLE VII. Sharing Ratios: That the profits and losses of this partnership
shall be divided and distributed proportionately on the ratio of the capital contribution of
each partner.(Limited partner shall be liable for losses only to the extent of his/her
contribution.)
ARTICLE VIII. Management: That this partnership shall be under Mr. Joel
Patrick Baliton, as General Manager, who shall be in charge of the management of the
affairs of the company. He shall have the power to use the partnership name and in
otherwise performing such acts as are necessary and expedient in the management of the
firm and to carry out its lawful purposes.(Only the General Partner can be the General
Manager.)
Articles of Partnership
______________________ _______________________
Joel Patrick B. Baliton Angelica E. Mendoza
______________________ _______________________
Ira Jesusa G. Briones Janelle Mica Y. Reyes
______________________
Jon Lou P. Soan
Page| 59
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
NOTARY PUBLIC
APPENDIX B
SURVEY QUESTIONNAIRE
Name (Optional) ________________________ Age __________
Address _____________________________________
QUESTIONS
Do you turn off the faucet while you wash your teeth, shave, soap your hands, and/or
o NO
o YES
Page| 60
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
o NO
o YES
o NO
o YES
o NO
o YES
o NO
o YES
Are you willing to purchase an electrical appliance with a sensor to adjust the amount of
o NO
o YES
Page| 61
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
o P880 – P 900
o P900- P 1,100
APPENDIX C
CURRICULUM VITAE
EDUCATIONAL BACKGROUND
Tertiary Education: La Consolacion College Manila
Page| 62
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
SKILLS
EDUCATIONAL BACKGROUND
Tertiary Education: Holy Angel University
Address: #1 Holy Angel Ave., Angeles City
Degree Program: Bachelor of Science in Accountancy
Secondary Education: Assumpta Technical High School
Address: Sta. Monica, San Simon, Pampanga
Year Graduated: 2014
Page| 63
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
SKILLS
Computer Literate (Microsoft Word, PowerPoint and Excel)
Proficient in SAP Business One and SAP Business Objects Dashboard
With ample knowledge in Financial Accounting, Advanced Accounting, Cost
Accounting, Managerial Finance, Taxation and Law of Obligations and Contracts
Competent in English and Filipino languages (written and oral)
Strong work ethic
Adaptability
WORK EXPERIENCES
Student-trainee
Sicangco, Menor, Villanueva & Co. CPAs
Villa Gloria Subdivision, Angeles City
Page| 64
LA CONSOLACION COLLEGE MANILA
8 MENDIOLA ST., MANILA PHILIPPINES 1005
COLLEGE OF BUSINESS AND ACCOUNTANCY
ANGELICA E. MENDOZA
#87 Mac Arthur Highway San Nicolas, San Fernando, Pampanga
09065634410
anjemendoza97@gmail.com
PERSONAL INFORMATION:
Date of Birth : June 12, 1997
Place of Birth : San Fernando, Pampanga
Religion : Roman Catholic
Age : 20 years old
Nationality : Filipino
Status : Single
EDUCATIONAL BACKGROUND:
Tertiary Holy Angel University (HAU)
Bachelor of Science in Accountancy
Sto. Rosario, Angeles City
2014 – Present
PERSONAL INFORMATION
Date of Birth: January 4, 1998
Age: 19 years old
Place of Birth: Angeles City, Pampanga
Gender: Female
Nationality: Filipino
EDUCATIONAL BACKGROUND
Tertiary: Holy Angel University, Angeles City
Bachelor of Science in Accountancy
2014-present
Dean’s Lister for 4 semesters
Secondary: Holy Angel University, Angeles City
2010-2014
With Distinction S.Y 2010-2014, Loyalty Awardee
Primary: Holy Angel University, Angeles City
2004-2010
With Distinction S.Y 2004-2010
_________________________________________________________________________________________________________
OBJECTIVE
I am looking for an opportunity in a reputed organization where I can complement my skills and
contribute in the most effective manner and an effective individual to serve and entertain
different range of customer in the most ethical manner.
PERSONAL DETAILS
Date of Birth: February 1, 1996
Nationality: Filipino
Gender: Male
Height: 5 ft. 10 in
Weight: 72 kg.
Marital Status: Single
Religion: Roman Catholic
SKILLS
Technically proficient in Microsoft word, Excel and Power point
Performance driven with good problem solving skills.
Strong communication and presentation skills in negotiating and closing deals.
Proven ability to work independently or with a team and multi task effectively in a fast-paced
environment.
Strong interpersonal skills and can relate well with every level of the organization.
SAP
EDUCATIONAL BACKGROUND
Tertiary: Holy Angel University Bachelor of Science in Accountancy
Sto. Rosario, Angeles City, Pampanga 2013-Present
Secondary: Don Jesus Gonzales High School
Pandacaqui Resettlement, Mexico, Pampanga 2009-2013
Primary: Pandacaqui Resettlement Elementary School
Pandacaqui Resettlement, Mexico, Pampanga 2004-2009