5-Year Financial Plan for Eco-friendly Straw Company

Financial plan

5-Year Financial Plan
Company Name Eco-friendly Straw company
Forecasted Revenue
Units sold
annually
Natural Wheat Drinking Straws 270
Biodegradable Bamboo Straw 420
Milk Flavouring Straw 250
Edible Straws 520
Total Of Forecasted Revenue

Cost Of Goods Sold
Expected
gross margin
Annual cost of
goods sold
Natural Wheat Drinking Straws 32% 9,072.00
Biodegradable Bamboo Straw 27% 10,773.00
Milk Flavouring Straw 22% 4,125.00
Edible Straws 30% 8,580.00
Total Cost Of Goods Sold 32,550.00

Annual Maintenance, Repair And Overhaul
Factor (%) on capital equipment 15%
Asset Depreciation
Number of Years 5
Tax
Annual Tax Rate 30%
Inflation
Annual Inflation Rate 2%
Product Price Increase
Annual Price Increase 2%
Funding
Loan Amount 55,000.00
Annual interest rate 5.00%
Term of loan (months) 60
Monthly rate 0.41%
Payment 1,035.12
Total Amount Payable 62,107.31