Presupuesto de Capital-Analisis de Flujo Efectivo Descontados

Inv Inversi ersió ón maqu maquin ina a Depreciación Valor alor ven venta maqu maquin ina a Impuestos Redu Reducci cción ón de cost costos os tasa descuento

$500 $500,0 ,000 00.0 .00 0 5 lliinea recta $75, $75,00 000. 0.00 00 40.00% $200, $200,00 000. 0.00 00 % 0

#

# # + +

In"resos # ostos ar"en &ruto # 'asto 'astoss (&I)D* # Depreciación (&I) Impuestos + Depreciación o-*) ape/  de 1 Valor de Recupero Recupero de3 luo de aa 6ire

#$200,000.00 $200,000.00 $200,000.00 $!00,000.00 $!00,000.00 $40,000.00 $!00,000.00 $!0,000.00 $500,000.00

#$500,000. 00.00 $!0, 0,000.00

tasa de descuento

Indice de Rentailidad 9-I: -ro;t inde/<

!

%

Indicadores de Presupuesto de Capital VAN   $!8,458.5 Si es posiva, TIR   !8.70% Rentabilidad PI   !.=4 Veces, adime que pasaria si$

VAN TIR %&'(,)*(.+* $50,000.00 $!00,000.00 %&/(,/'/.+& $200,000.00 $250,000.00 $!8,458.5 $0.00 $50,000.00 $75,000.00

>uo de caa de patrimonio

&(.-

-restamo tasa nper -a"o

>uo de caa lire Desemolsos Intereses *mor?@ación (scudo triutario lu luo o de caa caa de patr patrim imon onio io

$400,000.00 7.00% 5 AB. #87,55.2

)IR *ccionista

Periodo & / 1 ) *

.47%

Principal  

0 ! #$500,000.00 $!0,000.00 $400,000.00 $2,000.00 $8,55.2 #$!!,200.00 #$!0 #$!00, 0,000 000.0 .00 0 $7=, $7=,4= 4=.7 .72 2

Intereses $400,000.00 $==0 $==0,4 ,44= 4=.7 .72 2 $25 $25,0 ,0! !.5 .5! ! $!7 $!7,= ,== =.5 .52 2 $8!, $8!,!7 !74. 4.08 08 $0.0 0.00

$2, $2,00 000. 0.00 00 $2=, $2=,!= !=!. !.0 0 $!7, $!7,82 82!. !.=0 =0 $!2, $!2,=4 =4. .5 5 $,= ,=2 2.!8

Amor0acion

$8, $8,55 55. .2 2 $74, $74,42 425. 5.22 22 $78, $78,= =4. 4.8 8 $5, $5,20 208. 8.4= 4= $8!, 8!,!74.08

2

=

4

5

#$200,000.00 #$200,000.00 #$200,000.00 #$200,000.00 $200,00 $200,000.0 0.00 0 $200,00 $200,000.0 0.00 0 $200,00 $200,000.0 0.00 0 $200,00 $200,000.0 0.00 0 $200,00 $200,000.0 0.00 0 $!00,00 $!00,000.0 0.00 0 $!00,00 $!00,000.0 0.00 0 $40,0 $40,000 00.0 .00 0 $!00,00 $!00,000.0 0.00 0 $!0,00 $!0,000.0 0.00 0

$200,00 $200,000.0 0.00 0 $!00,00 $!00,000.0 0.00 0 $!00,00 $!00,000.0 0.00 0 $40, $40,00 000. 0.00 00 $!00,00 $!00,000.0 0.00 0 $!0,00 $!0,000.0 0.00 0

$200,00 $200,000.0 0.00 0 $!00,00 $!00,000.0 0.00 0 $!00,00 $!00,000.0 0.00 0 $40, $40,000 000.0 .00 0 $!00,00 $!00,000.0 0.00 0 $!0,00 $!0,000.0 0.00 0

$200,00 $200,000.0 0.00 0 $!00,00 $!00,000.0 0.00 0 $!00,00 $!00,000.0 0.00 0 $40,0 $40,000 00.0 .00 0 $!00,00 $!00,000.0 0.00 0 $!0,00 $!0,000.0 0.00 0

$45,000.00 $!0,00 $!0,000.0 0.00 0 $!0,00 $!0,000.0 0.00 0 $!0,00 $!0,000.0 0.00 0 $205,00 $205,000.0 0.00 0

vale mas de lo q nos cuesta. Se puede vender a ese valor. el Proyecto. Proyecto. Rentabilidad Rentabilidad si rinde mas de lo que que nos cuesta, mas de la tasa tasa de descuento. descuento. nsional!. Ran"in# de Proyectos. Proyectos. PI &.1) 0.2 0. !.00 !.=4 !.5

2 = 4 5 $!0,00 $!0,000.0 0.00 0 $!0,00 $!0,000.0 0.00 0 $!0,00 $!0,000.0 0.00 0 $205,00 $205,000.0 0.00 0 $2=, $2=,!= !=!. !.0 0 $74,4 $74,425 25.2 .22 2 #$8, #$8,25 252. 2.42 42 $7!, $7!,8 8.! .!5 5

Cuota

$87,55.2 $87,55.2 $87,55.2 $87,55.2 $87,55.2

$!7, $!7,82 82!. !.=0 =0 $78, $78,= =4. 4.8 8 #$7, #$7,! !. .52 52 $8, $8,! !2. 2.24 24

$!2, $!2,=4 =4. .5 5 $,= $,=2 2.! .!8 8 $5, $5,208 208.4 .4= = $8!,! $8!,!74 74.0 .08 8 #$4, #$4,8= 8=. .74 74 #$2, #$2,55 552. 2.7 7 $7, $7,=2 =2.4 .4  $!08, $!08,88 88. .0 0

=00000 2!000

0.07