P.V.U 35.

00 CALCULO DE LA DEPRECIACION
C.V.U 23.50 400,000.00 =
CF 260,000.00 10
DEPRECIACION 40,000.00
INVERSION 400,000.00
CANTIDAD 40,000.00
TD 15% i

0 1 2 3
VENTAS 1,400,000.00 1,400,000.00 1,400,000.00
COSTO VARIABLE -940,000.00 -940,000.00 -940,000.00
COSTO FIJO -260,000.00 -260,000.00 -260,000.00
DEPRECIACION -40,000.00 -40,000.00 -40,000.00
MARGEN 160,000.00 160,000.00 160,000.00
TASA FISCAL -48000 -48,000.00 -48,000.00
UTILIDAD 112,000.00 112,000.00 112,000.00

UTILIDAD 112,000.00 112,000.00 112,000.00

DEPRECIACION 40,000.00 40,000.00 40,000.00
INVERSION 400,000.00 152,000.00 152,000.00 152,000.00

SE SOLICITA 1.15 1.3225 1.520875

A) VPN -400,000.00 132,173.91 114,933.84 99,942.47

362,852.83
PRECIACION
40000

1.15

4 5 6 7 8 9 10
1,400,000.00 1,400,000.00 1,400,000.00 1,400,000.00 1,400,000.00 1,400,000.00 1,400,000.00
-940,000.00 -940,000.00 -940,000.00 -940,000.00 -940,000.00 -940,000.00 -940,000.00
-260,000.00 -260,000.00 -260,000.00 -260,000.00 -260,000.00 -260,000.00 -260,000.00
-40,000.00 -40,000.00 -40,000.00 -40,000.00 -40,000.00 -40,000.00 -40,000.00
160,000.00 160,000.00 160,000.00 160,000.00 160,000.00 160,000.00 160,000.00
-48,000.00 -48,000.00 -48,000.00 -48,000.00 -48,000.00 -48,000.00 -48,000.00
112,000.00 112,000.00 112,000.00 112,000.00 112,000.00 112,000.00 112,000.00

112,000.00 112,000.00 112,000.00 112,000.00 112,000.00 112,000.00 112,000.00

40,000.00 40,000.00 40,000.00 40,000.00 40,000.00 40,000.00 40,000.00
152,000.00 152,000.00 152,000.00 152,000.00 152,000.00 152,000.00 152,000.00

1.74900625 2.0113571875 2.3130607656 2.6600198805 3.0590228625 3.5178762919 4.0455577357

86,906.49 75,570.86 65,713.79 57,142.43 49,689.07 43,207.89 37,572.08

PRECIO DE VENTA 35.00 CALCULO DE LA DEPRECIACION
C.V.U 23.50 400,000.00 =
CF 260,000.00 10
DEPRECIACION 40,000.00
INVERSION 400,000.00
CANTIDAD 40,000.00
TD 15% i

0 1 2 3
VENTAS 1,540,000.00 1,694,000.00 1,863,400.00
COSTO VARIABLE -799,000.00 -679,150.00 -577,277.50
COSTO FIJO -260,000.00 -260,000.00 -260,000.00
DEPRECIACION -40,000.00 -40,000.00 -40,000.00
MARGEN 441,000.00 714,850.00 986,122.50
TASA FISCAL -132,300.00 -214,455.00 -295,836.75
UTILIDAD 308,700.00 500,395.00 690,285.75

UTILIDAD 308,700.00 500,395.00 690,285.75

DEPRECIACION 40,000.00 40,000.00 40,000.00
INVERSION 400,000.00 348,700.00 540,395.00 730,285.75

SE SOLICITA 1.15 1.3225 1.520875

C)SITUACION -400,000.00 303,217.39 408,616.26 480,174.73

OPTIMISTA 4,710,364.99
PRECIACION
40000

1.15

4 5 6 7 8 9 10
2,049,740.00 2,254,714.00 2,480,185.40 2,728,203.94 3,001,024.33 3,301,126.77 3,631,239.44
-490,685.88 -417,082.99 -354,520.54 -301,342.46 -256,141.09 -217,719.93 -185,061.94
-260,000.00 -260,000.00 -260,000.00 -260,000.00 -260,000.00 -260,000.00 -260,000.00
-40,000.00 -40,000.00 -40,000.00 -40,000.00 -40,000.00 -40,000.00 -40,000.00
1,259,054.13 1,537,631.01 1,825,664.86 2,126,861.48 2,444,883.24 2,783,406.84 3,146,177.50
-377,716.24 -461,289.30 -547,699.46 -638,058.44 -733,464.97 -835,022.05 -943,853.25
881,337.89 1,076,341.70 1,277,965.40 1,488,803.03 1,711,418.27 1,948,384.79 2,202,324.25

881,337.89 1,076,341.70 1,277,965.40 1,488,803.03 1,711,418.27 1,948,384.79 2,202,324.25

40,000.00 40,000.00 40,000.00 40,000.00 40,000.00 40,000.00 40,000.00
921,337.89 1,116,341.70 1,317,965.40 1,528,803.03 1,751,418.27 1,988,384.79 2,242,324.25

1.74900625 2.0113571875 2.3130607656 2.6600198805 3.0590228625 3.5178762919 4.0455577357

526,777.93 555,019.12 569,792.81 574,733.69 572,541.74 565,223.06 554,268.26

PRECIO DE VENTA 35.00 CALCULO DE LA DEPRECIACION
C.V.U 23.50 400,000.00 =
CF 260,000.00 10
DEPRECIACION 40,000.00
INVERSION 400,000.00
CANTIDAD 40,000.00
TD 15% i

0 1 2 3
VENTAS 1,288,000.00 1,184,960.00 1,090,163.20
COSTO VARIABLE -1,005,800.00 -1,076,206.00 -1,151,540.42
COSTO FIJO -260,000.00 -260,000.00 -260,000.00
DEPRECIACION -40,000.00 -40,000.00 -40,000.00
MARGEN -17,800.00 -191,246.00 -361,377.22
TASA FISCAL
UTILIDAD -17,800.00 -191,246.00 -361,377.22

UTILIDAD -17,800.00 -191,246.00 -361,377.22

DEPRECIACION 40,000.00 40,000.00 40,000.00
INVERSION 400,000.00 22,200.00 -151,246.00 -321,377.22

SE SOLICITA 1.15 1.3225 1.520875

SITUACION -400,000.00 19,304.35 -114,363.71 -211,310.74

PESIMISTA -3,165,300.53
 40000

1.15

4 5 6 7 8 9
1,002,950.14 922,714.13 848,897.00 780,985.24 718,506.42 661,025.91
-1,232,148.25 -1,318,398.63 -1,410,686.53 -1,509,434.59 -1,615,095.01 -1,728,151.66
-260,000.00 -260,000.00 -260,000.00 -260,000.00 -260,000.00 -260,000.00
-40,000.00 -40,000.00 -40,000.00 -40,000.00 -40,000.00 -40,000.00
-529,198.11 -695,684.49 -861,789.53 -1,028,449.35 -1,196,588.59 -1,367,125.75

-529,198.11 -695,684.49 -861,789.53 -1,028,449.35 -1,196,588.59 -1,367,125.75

-529,198.11 -695,684.49 -861,789.53 -1,028,449.35 -1,196,588.59 -1,367,125.75

40,000.00 40,000.00 40,000.00 40,000.00 40,000.00 40,000.00
-489,198.11 -655,684.49 -821,789.53 -988,449.35 -1,156,588.59 -1,327,125.75

1.74900625 2.0113571875 2.3130607656 2.6600198805 3.0590228625 3.5178762919

-279,700.60 -325,991.08 -355,282.29 -371,594.72 -378,090.86 -377,251.97

 10
608,143.84
-1,849,122.28
-260,000.00
-40,000.00
-1,540,978.44

-1,540,978.44

-1,540,978.44
40,000.00
-1,500,978.44

4.0455577357

-371,018.91
 -12% REFERENCIA 12%
GAO VENTAS 1,232,000.00 1,400,000.00 1,568,000.00
CV -827,200.00 -940,000.00 -1,052,800.00
MC 404,800.00 460,000.00 515,200.00
CF -228,800.00 -260,000.00 -291,200.00
UAI 176,000.00 200,000.00 224,000.00

2.30 2.30 2.30

GAF UT. OPER 200,000.00

INTERESE -20,000.00
V.A.I.R 180,000.00
IR -54,000.00
UTIL NETA 126,000.00
ACCION CIRCULACION 5,000.00
U.P.A 25.2

G.A.T 57.96