Professional Documents
Culture Documents
1
100
1,000
100,000
30,000
20,000
13,000
63,000
10,000
2
100
1,200
120,000
36,000
20,000
13,000
69,000
10,000
utilidad operativa
(-) impuestos
utilidad neta
(+) deprec
flujo neto
TMAR
VAN
TIR
INGRESOS
EGRESOS
VP INGRESOS
VP EGRESOS
B/C
-380,000
20%
-177,085
6.06%
380,000
548,390
725,475
0.76
202,915
380,000
0.53
27,000
8,100
18,900
13,000
31,900
41,000
12,300
28,700
13,000
41,700
100,000
68,100
120,000
78,300
B
C
DE APLICACIN
3
100
1,260
126,000
37,800
20,000
13,000
70,800
10,000
4
110
1,285
141,372
38,556
20,000
13,000
71,556
10,000
5
110
1,311
144,199
39,327
20,000
13,000
72,327
10,000
6
110
1,337
147,083
40,114
20,000
13,000
73,114
10,000
45,200
13,560
31,640
13,000
44,640
59,816
17,945
41,871
13,000
54,871
61,872
18,562
43,311
13,000
56,311
63,970
19,191
44,779
13,000
57,779
126,000
81,360
141,372
86,501
144,199
87,889
147,083
89,305
100,000
30,000
20,000
10,000
8,100
68,100
31,900
7
110
1,364
150,025
40,916
20,000
13,000
73,916
10,000
8
110
1,391
153,026
41,734
20,000
13,000
74,734
10,000
9
110
1,419
156,086
42,569
20,000
13,000
75,569
10,000
10
110
1,447
159,208
43,420
20,000
13,000
76,420
10,000
66,109
19,833
46,276
13,000
59,276
68,291
20,487
47,804
13,000
60,804
70,517
21,155
49,362
13,000
62,362
72,788
21,836
50,951
13,000
63,951
150,025
90,749
153,026
92,222
156,086
93,724
159,208
95,257
Inversiones
Terreno
Construcciones
Maquinaria
80,000
200,000
100,000
380,000
valor desecho
40
10
0
20,000
dep.anual
0
5,000
8,000
13,000
SERVICIO DE LA DEUDA
DEUDA
PRINCIPAL
INTERS
CUOTA
1
228,000
0
20,520
20,520
INTERS
9%
2
228,000
0
20,520
20,520
3
228,000
30,306
20,520
50,826
CIO DE LA DEUDA
4
197,694
33,033
17,792
50,826
5
164,661
36,006
14,819
50,826
6
128,655
39,247
11,579
50,826
7
89,408
42,779
8,047
50,826
8
46,629
46,629
4,197
50,826
EJERCICIO DE APLICACIN
CON FINANCIAMIENTO
SOLUCION
Ao
Precio $
1
100
2
100
Unids Ventas
Ventas $
Costo Var.
Costo fijo
Deprec
total costos
GAV
interes
utilidad operativa
(-) impuestos
utilidad neta
(+) deprec
(-) amortizacion
flujo neto
TMAR
VAN
TIR
INGRESOS
EGRESOS
VP INGRESOS
VP EGRESOS
1,000
100,000
30,000
20,000
13,000
63,000
10,000
20,520
6,480
1,944
4,536
13,000
0
17,536
1,200
120,000
36,000
20,000
13,000
69,000
10,000
20,520
20,480
6,144
14,336
13,000
0
27,336
152,000
100,000
82,464
120,000
92,664
548,390
626,743
0.87
B
C
B/C
-152,000
20%
-78,352
5.78%
73,648
152,000
0.48
DE APLICACIN
3
100
4
110
5
110
6
110
1,260
126,000
37,800
20,000
13,000
70,800
10,000
20,520
24,680
7,404
17,276
13,000
30,306
-29.71
1,285
141,372
38,556
20,000
13,000
71,556
10,000
17,792
42,024
12,607
29,416
13,000
33,033
9,383
1,311
144,199
39,327
20,000
13,000
72,327
10,000
14,819
47,053
14,116
32,937
13,000
36,006
9,931
1,337
147,083
40,114
20,000
13,000
73,114
10,000
11,579
52,391
15,717
36,674
13,000
39,247
10,427
126,000
126,030
141,372
131,989
144,199
134,269
147,083
136,657
7
110
8
110
9
110
10
110
1,364
150,025
40,916
20,000
13,000
73,916
10,000
8,047
58,062
17,419
40,644
13,000
42,779
10,865
1,391
153,026
41,734
20,000
13,000
74,734
10,000
4,197
64,095
19,228
44,866
13,000
46,629
11,237
1,419
156,086
42,569
20,000
13,000
75,569
10,000
0
70,517
21,155
49,362
13,000
0
62,362
1,447
159,208
43,420
20,000
13,000
76,420
10,000
0
72,788
21,836
50,951
13,000
0
63,951
150,025
139,160
153,026
141,788
156,086
93,724
159,208
95,257