TRNG I HC HNG VNG TP.HCMKHOA TI CHNH - NGN HNG***********

TI:

GVHD: TS. QUANG TRNHM THC HIN: G10NM HC: 2010

TP.HCM, ngy 05 thng 12 nm 2010

Mc lcChng 1: Gii thiu s lc v d nTrang1. Gii thiu v d n42. L do chn ti43. Mc ch nghin cu44. Phm vi v phng php nghin cu4Chng 2: Thit k v xy dng 5 1. Mt bng5 2. Giy php kinh doanh5 3. Thit k v xy dng5 4. Phong cch phc v ca qun6Chng 3: My mc v thit b6Chng 4: Chi ph u vo7Chng 5: T chc nhn s, lao ng v tin lng8Chng 6: Hiu qu ti chnh9

Chng 1: Gii Thiu S Lc V D n

1. Gii thiu v d n: D n qun sinh t, tri cy da, vi: Tn qun: Qun sinh t G10 Quy m ca qun: 3,5 x 4,5 x 2 = 31,5 m2 a im : 345/4 Nguyn Trng Tuyn, Phng 2, Qun Tn Bnh, Tp. H Ch Minh. Hnh thc kinh doanh: Kinh doanh c nhn. 2. L do chn ti:Sinh t, nc p, tri cy da l nhng mn n, thc ung c a chung trong gii sinh vin. Chng thc s l nhng thc ung ngon, b v mt, nht l trong ma h. Tuy nhin hin nay khu vc ng Nguyn Trng Tuyn (gn trng i Hc Hng Vng Tp. H Ch Minh) a s l qun tr sa v cha c qun sinh t, hoa qu dm no p ng c nhu cu ca h c v mt cht lng v gi c. Xut pht t iu , qun G10 ra i vi mc tiu: Cung cp hoa qu dm, tri cy da, sinh t, nc p vi cht lng tt, ngoi tri cy qun cn c 1 vi mn khc nh c vin, b vin, m bo v sinh an ton thc phm. L mt a im cc bn sinh vin gp g t tp, hp nhm hc tp v gi c phi chng.3. Mc ch nghin cu Qun sinh t thnh lp nhm p ng nhu cu n ung cho hc sinh, sinh vin v cc khch hng khc c nhu cu. Ti a ha s hi lng ca khch hng. Ti a ha li nhun cho ca hng.

4. Phng php nghin cu & Phm vi nghin cu a/ Phng php nghin cu Thu thp thng tin:+ Trn mng, bo ch, xin s liu trc tip cc ca hng trang tr ni tht, cc bng gi tri cy cc khu ch u mi.+ Tham kho v xin kin t cc chuyn gia v nhng ngi hot ng cng lnh vc. Tng hp v x l d liu:+ Cc phng php phn tch nh lng thng qua cc ch s ti chnh.+ nh gi nh tnh theo kin chuyn gia, theo quan st thc t v cc thng tin thu thp c. b/ Phm vi nghin cu: Phm vi khng gian:+ D n ch nghin cu vic thnh lp qun sinh t G10 to lc ti 345/4 Nguyn Trng Tuyn, Phng 2, Qun Tn Bnh + S liu dng tnh ton l d liu th cp, qua kho st thc t v c on. Phm vi thi gian:D n c phm vi nghin cu t ngy 22/11/2010 n nay.

Chng II. Thit K V Xy Dng1/ Mt bng:c thu ti s 345/4 Nguyn Trng Tuyn, Phng 2, Qun Tn BnhMt bng gm mt trt mt lu Din tch : 3,5 x 4,5 x 2 = 31,5 m2Gi thu mt bng : 5 triu/thng t cc 6 thng (5 triu*6 = 30 triu)in 1.200 / KWNc 5.000/ m3 2/ Giy php kinh doanh:Xin giy php kinh doanh ti s k hoch u tM s thu: 01023000893/ Thit k v xy dng:Trong qun c sn mu xanh dng nht, vi nhng ha tit nh nhng v n gin, khng qu le lot, khng gian thong mt, to cm gic thoi mi v th gin.Qun c trang b 9 cy qut treo tng, tng trt 5 ci, lu 4 ci n c trang tr mu trng to s thong mt. Bn gc qun l cc l hoa vi dng c l cao, Bn ra hoa qu v bn r chn, ly, tch c trang b ring Hai gc trn ca qun c gn hai loa thng phc v nhc nh cho qun. Nh v sinh c sn mu trng, Quy hng c thit k n tng vi phong cch kh c o v bt mt.

4/ Phong cch phc v ca qun Nhn vin phc v trong qun lun phc v khch tn tnh v chu o. Nn nhc nh v khng kh kh yn tnh vi cy king c b tr 1 cch hi ha to c cm gic thoi mi cho khch vo qun. Khch c phc v tr min ph. Vi khch quen s c gim gi khi tnh tin, y cng l 1 hnh thc cnh tranh nhm mc ch gi khch c v thu ht khch mi n vi qun.

Chng III: My Mc V Thit B

Vi quy m v din tch khng ln qun c thit k kh n gin nhng vn m bo c s hi ha trong trang tr v thit k hp vi phong cch nng ng, tr chung. Trong qun c mt s trang thit b nh sau:

Tn thit bn giS lngThnh tin

u k thut s3,350,00013,350,000

Loa thng485,0002970,000

Qut treo tng170,00091,530,000

Bng in45,0005225,000

T lnh Alaska10,540,000110,540,000

My xay sinh t Panasonic630,00021,260,000

My p tri cy Sanyo310,0001310,000

Bn nha150,000101,500,000

Gh nha65,000452,925,000

Thng 450,0001450,000

Ly+mung+da6,540,000

Thit b in400,000

Tng29,600,000

Cc thit b c mua ti trung tm in t, in lnh NGUYN KIM v ca hng tp ha. T lnh c khu hao theo phng php ng thng. c tnh khu hao trong 4 nm. Cch tnh c trnh by chng 6.Ty tnh hnh kinh doanh thc t khi qun chnh thc i vo hot ng m cc thit b ny c th tng ln tng ng nhm p ng tt nht nhu cu ca khch, tit kim thi gian phi i ch cho khch v nng cao nng sut hot ng ca qun, nhm mc ch ti a ha li nhun, tit kim chi ph

Chng IV: Chi Ph u Vo

Nguyn vt liu s dng trong qun c mua t ch B CHIU, ch TN BNH.Hng thng phi chi tr cho khon vn chuyn rau c qu ny l 900.000/thng. D tnh khon chi ph ny tng thm khong 5% v gi xng du tng.Tn vt liuGi/ kg

Cam18,200

C chua7,200

C rt8,100

u 6,500

Da hu6,000

To19,200

L16,000

Thm6,300

i4,000

Xoi8,000

Bi 5 roi7,500

Mng cu9,000

Du25,000

Mt5,500

ng22,400

Sa20,300

620

C vin chin18,700

B Vin25,900

Nc ng bnh13000

Vi chi ph c tnh cho 1 sn phm bt k ca qun c lng chim khong 65% doanh thu. Menu thc n ca qun gm:+) tri cy a loi nh 15.000/ a+) tri cy a loi ln 25.000/ a+) sinh t, nc p hoa qu cc loi c gi dao ng t 12.000 16.000/ly+) c vin v b vin 5.000/xin+) tr , nc lc min ph.

Hnh nh v mt s thc ung ca qun

Chng V. T Chc Nhn S Lao ng, Tin Lnga. T chc nhn s, lao ng: Ch s hu b vn v c vay n ngn hng: Ch s hu t qun l v trng coi qun. Theo di mi hot ng ca qun. Thu nhn vin vo lm vic ( s lng 12 ngi).

Trch nhim ca ch qun: Qun l nhn vin thu ngn, nhn vin pha ch, nhn vin bi bn, nhn vin bo v, nhn vin dn v sinh. Tr tin lng cho cc nhn vin ng vi tha thun ban u. Quyt nh cc khon thu mua nguyn vt liu s dng. Theo di mi hot ng ca qun v v x l cc vic c lien quan. Thi gian lm vic: 8h 22h

Thu ngn: a bill tnh tin khch hng thng qua nhn vin phc v. Ghi s sch cc khon thu chi nguyn vt liu trong ngy. Kt chuyn li l ca qun trong ngy v lm s sch. Tnh v thanh ton lng cho nhn vin. Thi gian lm vic: 8h 22h

Nhn vin (lm vic theo ca) : + Nhn vin pha ch: Gt, ct tri cy xp ra da. Say cc loi nc sinh t Chin c vin chin Thi gian lm vic: 8h 15h30 & 15h30 21h30

+ Nhn vin phc v( bi bn): Phc v n, thc ung cho khch hng. Hng dn ch ngi cho khch. Lau chi, dn dp bn v ch ngi khi khch hng ra khi qun. Lun lun nim n v n cn vi khch. Thi gian lm vic: 8h 15h30 & 15h30 21h30

+ Nhn vin v sinh: Dn dp qun. Ra, ly tch chn. Lau chi tolet. Thi gian lm vic: 11h 20h30

+ Nhn vin bo v: Gia xe, dn xe cho khch hng. Thi gian lm vic: 8h 15h30 & 15h30 21h30

b. Tin lng:Bng lng thng: (vt: 1.000 ng)

B phnS lng(Nhn vin)Tng thu nhpPh cp tin lngThc lnh tin mt

Thu ngn12.0001502.150

Nhn vin pha ch41.7001501.850

Nhn vin phc v41.600100

1.700

Nhn vin bo v , v sinh31.4501001.550

Tin lng c tr vo u mi thng, t ngy 10 n ngy 12. Nhn vin no lm vic tt s c thng ring.

Chng VI: Hiu Qu Ti ChnhVi t sut chit khu d tnh 12% , vng i ca d n l 4 nm, tng hp cc chi ph v yu t khc c lin quan ta thy: Cng vi s gia tng ca doanh thu, chi ph cng gia tng ng k. T l tng hng nm ca tng loi chi ph c trnh by c th trong bng d liu. Cc t l % ny ch mang tnh d on.Ta c chi ph s dng vn ch s hu l 20%, chi ph s dng n vay l 13% WACC = {(60 x 20%) + (21.50 x 13%)}/(60 + 21.50) = 18%Tng hp s liu c, chy phn mm excel ta c bng d liu x l nh sau:Vng i d n4Nm

Chi ph u t TSCDvt: VN

T lnh Alaska10,540,000

Thanh l 2,700,000

Khu hao4nm

u t mt bng

Gi thu qun ti Q.TB, Tp.HCM/thng 5 triu

Thi gian t cc 6 thng

Tng tin thu mt bng (4 nm khng tnh tin t cc) 240 Triu

Chi ph u t sa cha & trang tr qun 15 triu

u k thut s3,350,000

Loa thng (2 chic)970,000

My p tri cy Sanyo310,000

My xay sinh t Panasonic1,260,000

Thit b in 400,000

Bn nha1,500,000

Gh nha2,925,000

Qut treo tng1,530,000

Bng in225,000

Ly+mung+da +khay ng6,540,000

Thng 450,000

chi ph u t thit b chung 19.46 triu

Chi ph lp d n 6.5 triu

Tng chi ph u t ban u vo qun 70.96 triu

Vn ch s hu u t60triu

Vn vay NH u T & Pht Trin TP HCM 10.96 Tri

Li sut vay12%

Thi gian vay4

n hn1nm

Thng tin Doanh thu

S ngy hot ng trong nm345ngy

S lng khch bnh qun/ngy 90 ngi

T l khch tng hng nm15%

n gi bnh qun/ngi 20,000 VN

T l tng hng nm10%

Thng tin v chi ph

Chi ph (in + nc)/thng 1.3 triu

T l tng hng nm5%

Chi ph cho nguyn vt liu d kin/nm (65%DT) 404 triu

T l tng hng nm10%

Chi ph vn chuyn nguyn vt liu/thng 900,000

T l tng hng nm5%

Chi ph pht sinh d kin/thng 650,000 VN

T l tng hng nm5%

Tng tin lng nhn vin trong nm252Triu

Thng tin khc

Thu thu nhp25%

T sut CK12%

KHU HAO TSCn v tnhtriu ng

Khu hao t lnh

Nm01234

Gi tr u k10.54 7.91 5.27 2.64

Khu hao trong k 2.64 2.64 2.64 2.64

Khu hao tch ly 2.64 5.27 7.91 10.54

Gi tr cui k 10.54 7.91 5.27 2.64 0

Khu hao thit b & u t xy dng vn phngn v tnhtriu ng

Nm01234

Gi tr u k 40.96 30.72 20.48 10.24

Khu hao trong k 10.24 10.24 10.24 10.24

Khu hao tch ly 10.24 20.48 30.72 40.96

Gi tr cui k 40.96 30.72 20.48 10.24 -

Tng khu hao 12.88 12.88 12.88 12.88

DOANH THUn v tnhtriu ng

Nm1234

S lng khch bnh qun trong nm 31,050 35,708 41,064 47,223

n gi bnh qun/ngi 20,000 22,000 24,200 26,620

Doanh thu621785.57993.741257.08

TIN LNGn v tnhtriu ng

Nm1234

Nhn vin thu ngn (k ton)25.825.825.825.8

Nhn vin pha ch88.888.888.888.8

Nhn vin phc v81.681.681.681.6

Nhn vin bo v + nhn vin dn v sinh55.855.855.855.8

Tng tin lng252252252252

Lch vay tr n NH TPT TP HCM

Nm01234

N u k 21.50 21.50 15.19 8.06

Li pht sinh trong k 2.80 1.97 1.05

Tr n tng9.11 9.11 9.11

Trong : Tr gc 6.31 7.13 8.06

Tr li 2.80 1.97 1.05

N cui k 21.50 21.50 15.19 8.06 0

CHI PHn v tnhtriu ng

Nm1234

Tin thu mt bng 60 60 60 60

Chi ph t cc7.5 7.5 7.5 7.5

Tng tin lng252252252252

Chi ph pht sinh d kin/nm 7.80 8.19 8.60 9.03

Chi ph cho nguyn vt liu d kin/nm 404 444.02 488.42 537.26

Chi ph vn chuyn nguyn vt liu d kin tng nm 11 11.34 11.91 12.50

Chi ph (in + nc) d kin tng nm 15.60 16.38 17.20 18.06

TNG CHI PH 757 799 846 896

BO CO THU NHP D TRn v tnhtriu ng

Nm1234

Tng doanh thu621785.57993.741257.08

Tng chi ph 757 799 846 896

Thu nhp rng v li vay trc thu (EBIT) (136.35) (14) 148 361

Tr li vay - 2.80 1.97 1.05

Thu nhp rng trc thu (EBT) (136.35) (17) 146 360

Thu thu nhp DN - - 36.54 89.92

EAT-136.35-16.66 109.61 269.76

Cng khu hao 12.88 12.88 12.88 12.88

Dng tin hot ng kinh doanh (123.48) (3.78) 122.48 282.64

Phn Tch Ngn Lu

Nm01234

Ngn lu vo

Tng doanh thu621785.57993.741257.08

Gi tr thanh l2.7

Tin t cc 30

Tng ngn lu vo621785.57993.741289.78

Ngn lu ra

Tin u t t lnh10.54

Chi ph lp d n 6.5

Chi ph u t sa cha & trang tr qun 15

Tin u t thit b 19.46

Tin lng252252252252

Tin thu mt bng(tnh c tin t cc)3060606060

Tin chi tr li vay02.801.971.05

Chi ph chung437.85 479.93 526.12 576.85

Tng ngn lu ra81.5749.85794.72840.10889.90

Ngn lu rng trc thu-81.5-128.85-9.15153.64399.88

Thu TNDN0036.5489.92

Ngn lu rng sau thu-81.5-128.85-9.15117.11309.96

T sut chit khu12%

NPV 76.50

IRR 24%

Da vo kt qu tnh ton trn ta thy IRR = 24% > WACC = 18% .NPV = 76.50 > 0T dng tin hot ng kinh doanh ta c thi gian hon vn ca d n l: Vn u t thu hi sau 3 nm l: (123.48) + (3.78) + 122.48 = (4.77) S vn cn li phi thu hi l: 81.50 (4.77) = 86.27 PP = 3 nm + (86.27/282.64)/12 = 3 nm 4 thng = 83% di ca d n. Li nhun thu c t d n u t vo nm cui cng l : 282.64 86.27 = 196.37 triuTuy thi gian v tc thu hi vn ko di v gn bng tui th ca d n nhng nu khng u t, ch s hu khng vay n m mang 60 triu gi vo ngn hng vi li sut 13%/nm v gi trong 4 nm th li nhun thu c dng hm ti chnh trn excel ta c gi tr tng lai ca 60tr sau 4 nm s l FV(13%,4,0,60.000.000) = 97,828,417 triuLi sut13%

Thi hn4

S tin hin c60,000,000

S tin dnh sau 4 nm196,370,000

Nu mun c c 196,37 triu sau 4 nm th mi nm CSH cn gi vo ngn hng mi nm thm 1 khon l 17,981,152.83 triu. Nu CSH khng gi thm tin th s tin b chnh lch so vi li nhun thu c cui cng ca d n l 196,370,000 97,828,417 = 98,541,583.40 triu D n ny vn c th thc hin c nu ch s hu chp nhn u t.Ngoi ra ta cn xt n cc ch s nh: PI = 282,64/81,50 = 3,47 > 1 an ton ti chnh: T L Vn Vay / vn u t: 21,50 /81,50= 0,2638 < T l vn vay / vn t c : 21,50/60=0,3583 WACC PI > 1 NPV > 0 DPP ( thi gian hon vn c chit khu) tuy kh ln nhng so vi li nhun em i gi ngn hng th vn chim u th hn.Tuy nhin, trong 2 nm u kt qu kinh doanh khng tt nn li nhun vn b m. Sang n nm cui cng ca d n sau khi tr i phn b l th li nhun mang li cho ch s hu li tng i ln.

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