Determinación de Las Ventas

Cajas de 12 Unidades
Descripción 1 2 3 4 5

250 ml. 1000 1100.00 1210.00 1331.00 1464.10

1/2 Litro 1500 1650.00 1815.00 1996.50 2196.15
1 Litro 700 770.00 847.00 931.70 1024.87

Presentación de 12 Unidades
Descripción 1 2 3 4 5
250 ml. 12000 13200 14520 15972 17569
1/2 Litro 18000 19800 21780 23958 26354
1 Litro 8400 9240 10164 11180 12298

Precio de Venta
Descripción 1 2 3 4 5
250 ml. Q 5.00 Q 5.00 Q 5.00 Q 5.00 Q 5.00
1/2 Litro Q 7.00 Q 7.00 Q 7.00 Q 7.00 Q 7.00
1 Litro Q 9.00 Q 9.00 Q 9.00 Q 9.00 Q 9.00

Descripción 1 2 3 4 5
250 ml. Q 60,000.00 Q 66,000.00 Q 72,600.00 Q 79,860.00 Q 87,846.00
1/2 Litro Q 126,000.00 Q 138,600.00 Q 152,460.00 Q 167,706.00 Q 184,476.60
1 Litro Q 75,600.00 Q 83,160.00 Q 91,476.00 Q 100,623.60 Q 110,685.96

Total Q 261,600.00 Q 287,760.00 Q 316,536.00 Q 348,189.60 Q 383,008.56

 Determinación de intereses prestamo bancario

Prestamo Cuota Interés Capital

0 Q 50,000.00
1 Q 10,000.00 Q 10,000.00 Q 40,000.00
2 Q 10,000.00 Q 8,000.00 Q 30,000.00
3 Q 10,000.00 Q 6,000.00 Q 20,000.00
4 Q 10,000.00 Q 4,000.00 Q 10,000.00
5 Q 10,000.00 Q 2,000.00 Q -
 FLUJO NETO DE FONDOS

Concepto 0 1 2 3 4 5 VAN

Ventas Q 261,600.00 Q 287,760.00 Q 316,536.00 Q 348,189.60 Q 383,008.56

Costos Directos -Q 210,000.00 -Q 130,000.00 -Q 140,000.00 -Q 160,000.00 -Q 170,000.00
Costos Fijos -Q 21,600.00 -Q 21,600.00 -Q 21,600.00 -Q 21,600.00 -Q 21,600.00
Depreciación -Q 10,000.00 -Q 10,000.00 -Q 10,000.00 -Q 10,000.00 -Q 10,000.00
Amortización -Q 10,000.00 -Q 10,000.00 -Q 10,000.00 -Q 10,000.00 -Q 10,000.00
Intereses Préstamo -Q 10,000.00 -Q 8,000.00 -Q 6,000.00 -Q 4,000.00 -Q 2,000.00
Utilidad Bruta Q - Q 108,160.00 Q 128,936.00 Q 142,589.60 Q 169,408.56
ISR Q - Q 27,040.00 Q 32,234.00 Q 35,647.40 Q 42,352.14
Utilidad Neta Q - Q 81,120.00 Q 96,702.00 Q 106,942.20 Q 127,056.42
Depreciación Q 10,000.00 Q 10,000.00 Q 10,000.00 Q 10,000.00 Q 10,000.00
Amortización Q 10,000.00 Q 10,000.00 Q 10,000.00 Q 10,000.00 Q 10,000.00
Activos Fijos -Q 125,000.00
Activos Diferidos -Q 100,000.00
Valor de Desecho Q 60,000.00
Prestamo Q 50,000.00
Amortización Prestamo -Q 10,000.00 -Q 10,000.00 -Q 10,000.00 -Q 10,000.00 -Q 10,000.00
Flujo Neto de Fondos -Q 175,000.00 Q 10,000.00 Q 91,120.00 Q 106,702.00 Q 116,942.20 Q 197,056.42
(1+J)n (1.25^0) (1.25^-1) (1.25^-2) (1.25^-3) (1.25^-4) (1.25^-5)
Fondo Neto Actualizado -Q 175,000.00 Q 8,000.00 Q 58,316.80 Q 54,631.42 Q 47,899.53 Q 64,571.45 Q 58,419.20
van
 RELACION COSTO BENEFICIO

Concepto 0 1 2 3 4 5 VAN
Ingresos
Ventas Q 261,600.00 Q 287,760.00 Q 316,536.00 Q 348,189.60 Q 383,008.56
Prestamo Q 50,000.00
Valor de Desecho Q 60,000.00
Total de Ingresos Q 50,000.00 Q 261,600.00 Q 287,760.00 Q 316,536.00 Q 348,189.60 Q 443,008.56
(1+J)n (1.25^0) (1.25^-1) (1.25^-2) (1.25^-3) (1.25^-4) (1.25^-5)
Fondo Neto Actualizado Q 50,000.00 Q 209,280.00 Q 184,166.40 Q 162,066.43 Q 142,618.46 Q 145,165.04 Q 893,296.34
Egresos
Costos Directos Q - Q 210,000.00 Q 130,000.00 Q 140,000.00 Q 160,000.00 Q 170,000.00
Costos Fijos Q - Q 21,600.00 Q 21,600.00 Q 21,600.00 Q 21,600.00 Q 21,600.00
Intereses Préstamo Q - Q 10,000.00 Q 8,000.00 Q 6,000.00 Q 4,000.00 Q 2,000.00
ISR Q - Q - Q 27,040.00 Q 32,234.00 Q 35,647.40 Q 42,352.14
Activos Fijos Q 125,000.00 Q - Q - Q - Q - Q -
Activos Diferidos Q 100,000.00 Q - Q - Q - Q - Q -
Amortización Prestamo Q - Q 10,000.00 Q 10,000.00 Q 10,000.00 Q 10,000.00 Q 10,000.00
Total de Egresos Q 225,000.00 Q 251,600.00 Q 196,640.00 Q 209,834.00 Q 231,247.40 Q 245,952.14
(1+J)n (1.25^0) (1.25^-1) (1.25^-2) (1.25^-3) (1.25^-4) (1.25^-5)
Fondo Neto Actualizado Q 225,000.00 Q 201,280.00 Q 125,849.60 Q 107,435.01 Q 94,718.94 Q 80,593.60 Q 834,877.14
RELACION COSTO BENEFICIO 1.069973
 Flujo Neto de
Año 25% 30% 40%
Fondo
0 -Q 175,000.00 -Q 175,000.00 -Q 175,000.00 -Q 175,000.00
1 Q 10,000.00 Q 8,000.00 Q 7,692.31 Q 7,142.86
2 Q 91,120.00 Q 58,316.80 Q 53,917.16 Q 46,489.80
3 Q 106,702.00 Q 54,631.42 Q 48,567.14 Q 38,885.57
4 Q 116,942.20 Q 47,899.53 Q 40,944.71 Q 30,441.01
5 Q 197,056.42 Q 64,571.45 Q 53,073.02 Q 36,639.57
TOTAL Q 58,419.20 Q 29,194.34 -Q 15,401.19

TIR= R1+ (R2-R1) VAN (+)

(VAN (+))-(VAN (-))

TIR= 0.3 + 0.4 - 0.3 * Q 29,194.34

Q 29,194.34 - -Q 15,401.19

0.1 * Q 29,194.34
TIR= 0.3 + Q 44,595.53

TIR= 0.3 + 0.1 * 0.6546472344

TIR= 0.3 + 0.0654647234 = 0.3654647234

 FLUJO NETO DE FONDOS

Concepto 0 1 2 3 4 5 VAN

Ventas Q 318,000.00 Q 400,000.00 Q 450,000.00 Q 550,000.00 Q 750,000.00

Costos Directos -Q 190,000.00 -Q 200,000.00 -Q 250,000.00 -Q 275,000.00 -Q 300,000.00
Depreciación -Q 40,000.00 -Q 40,000.00 -Q 40,000.00 -Q 40,000.00 -Q 40,000.00
Amortización -Q 30,000.00 -Q 30,000.00 -Q 30,000.00 -Q 30,000.00 -Q 30,000.00
Intereses Préstamo -Q 56,000.00 -Q 56,000.00 -Q 56,000.00 -Q 36,000.00 -Q 16,000.00
Utilidad Bruta Q 2,000.00 Q 74,000.00 Q 74,000.00 Q 169,000.00 Q 364,000.00
ISR Q 560.00 Q 20,720.00 Q 20,720.00 Q 47,320.00 Q 101,920.00
Utilidad Neta Q 1,440.00 Q 53,280.00 Q 53,280.00 Q 121,680.00 Q 262,080.00
Depreciación Q 40,000.00 Q 40,000.00 Q 40,000.00 Q 40,000.00 Q 40,000.00
Amortización Q 30,000.00 Q 30,000.00 Q 30,000.00 Q 30,000.00 Q 30,000.00
Activos Fijos -Q 300,000.00
Capital de Trabajo -Q 150,000.00
Activos Diferidos -Q 150,000.00
Valor de Desecho Q 250,000.00
Prestamo Q 280,000.00
Amortización Prestamo Q - Q - -Q 100,000.00 -Q 100,000.00 -Q 80,000.00
Flujo Neto de Fondos -Q 320,000.00 Q 71,440.00 Q 123,280.00 Q 23,280.00 Q 91,680.00 Q 502,080.00
(1+J)n (1.20^0) (1.20^-1) (1.20^-2) (1.20^-3) (1.20^-4) (1.20^-5)
Fondo Neto Actualizado -Q 320,000.00 Q 59,533.33 Q 85,611.11 Q 13,472.22 Q 44,212.96 Q 201,774.69 Q 84,604.32
van
 RELACION COSTO BENEFICIO

Concepto 0 1 2 3 4 5 VAN
Ingresos
Ventas Q 318,000.00 Q 400,000.00 Q 450,000.00 Q 550,000.00 Q 750,000.00
Prestamo Q 280,000.00
Valor de Desecho Q 250,000.00
Total de Ingresos Q 280,000.00 Q 318,000.00 Q 400,000.00 Q 450,000.00 Q 550,000.00 Q 1,000,000.00
(1+J)n (1.20^0) (1.20^-1) (1.20^-2) (1.20^-3) (1.20^-4) (1.20^-5)
Fondo Neto Actualizado Q 280,000.00 Q 265,000.00 Q 277,777.78 Q 260,416.67 Q 265,239.20 Q 401,877.57 Q 1,750,311.21
Egresos
Costos Directos Q - Q 190,000.00 Q 200,000.00 Q 250,000.00 Q 275,000.00 Q 300,000.00
Intereses Préstamo Q - Q 56,000.00 Q 56,000.00 Q 56,000.00 Q 36,000.00 Q 16,000.00
ISR Q - Q 560.00 Q 20,720.00 Q 20,720.00 Q 47,320.00 Q 101,920.00
Activos Fijos Q 300,000.00 Q - Q - Q - Q - Q -
Capital de Trabajo Q 150,000.00 Q - Q - Q - Q - Q -
Activos Diferidos Q 150,000.00 Q - Q - Q - Q - Q -
Amortización Prestamo Q - Q - Q - Q 100,000.00 Q 100,000.00 Q 80,000.00
Total de Egresos Q 600,000.00 Q 246,560.00 Q 276,720.00 Q 426,720.00 Q 458,320.00 Q 497,920.00
(1+J)n (1.20^0) (1.20^-1) (1.20^-2) (1.20^-3) (1.20^-4) (1.20^-5)
Fondo Neto Actualizado Q 600,000.00 Q 205,466.67 Q 192,166.67 Q 246,944.44 Q 221,026.23 Q 200,102.88 Q 1,665,706.89
RELACION COSTO BENEFICIO 1.050792
 Flujo Neto de
Año 20% 25% 30%
Fondo
0 -Q 320,000.00 -Q 320,000.00 -Q 320,000.00 -Q 320,000.00
1 Q 71,440.00 Q 59,533.33 Q 57,152.00 Q 54,953.85
2 Q 123,280.00 Q 85,611.11 Q 78,899.20 Q 72,946.75
3 Q 23,280.00 Q 13,472.22 Q 11,919.36 Q 10,596.27
4 Q 91,680.00 Q 44,212.96 Q 37,552.13 Q 32,099.72
5 Q 502,080.00 Q 201,774.69 Q 164,521.57 Q 135,224.74
TOTAL Q 84,604.32 Q 30,044.26 -Q 14,178.68

TIR= R1+ (R2-R1) VAN (+)

(VAN (+))-(VAN (-))

TIR= 0.25 + 0.3 - 0.25 * Q 30,044.26

Q 30,044.26 - -Q 14,178.68

0.05 * Q 30,044.26
TIR= 0.25 + Q 44,222.95

TIR= 0.25 + 0.05 * 0.6793817643

TIR= 0.25 + 0.0339690882 = 0.2839690882

 Determinación de intereses prestamo bancario

Prestamo Cuota Interés Capital

0 Q 280,000.00
1 Q 56,000.00 Q 280,000.00
2 Q 56,000.00 Q 280,000.00
3 Q 100,000.00 Q 56,000.00 Q 180,000.00
4 Q 100,000.00 Q 36,000.00 Q 80,000.00
5 Q 80,000.00 Q 16,000.00 Q -
Costos Variables Año 1 Año 2 Año3 Año 4 Año 5
579,200 632,944 691,784 756,183 826,604

Concepto
Escritorio Secretarial Ejecutivo
1 2 Ventas
1/2 Plancha Melanina 125 250 Costos y Gastos
Materia Prima 90 110 Depreciación
Mano de Obra 200 280 Gastos de Administración
Otros 48 56 Intereses Prestamo
Sub total 463 696
Unidades Producidas 800 300 Utilidad Bruta
370,400 208,800 579,200 ISR
Utilidad Neta
Escritorio Secretarial Ejecutivo
1 2 Depreciación
1/2 Plancha Melanina 125 250 Activos Fijos
Materia Prima 90 110 Capital de Trabajo
Mano de Obra 200 280 Prestamo
Otros 48 56 Valor de Desecho
Sub total 463 696 Amortización Prestamo
Unidades Producidas 880 324 Flujo Neto de Fondos
407,440 225,504 632,944 (1+J)n
Fondo Neto Actualizado
Escritorio Secretarial Ejecutivo van
1 2
1/2 Plancha Melanina 125 250
Materia Prima 90 110
Mano de Obra 200 280
Otros 48 56
Sub total 463 696
Unidades Producidas 968 350 Concepto
448,184 243,600 691,784 Ingresos
Ventas
Escritorio Secretarial Ejecutivo Prestamo
1 2 Valor de Desecho
1/2 Plancha Melanina 125 250 Total de Ingresos
Materia Prima 90 110 (1+J)n
Mano de Obra 200 280 Fondo Neto Actualizado
Otros 48 56 Egresos
Sub total 463 696 Costos y Gastos
Unidades Producidas 1,065 378
493,095 263,088 756,183 Gastos de Administración
ISR
Escritorio Secretarial Ejecutivo Activos Fijos
1 2 Capital de Trabajo
1/2 Plancha Melanina 125 250
Materia Prima 90 110 Amortización Prestamo
Mano de Obra 200 280 Total de Egresos
Otros 48 56 (1+J)n
Sub total 463 696 Fondo Neto Actualizado
Unidades Producidas 1,172 408 RELACION COSTO BENEFICIO
542,636 283,968 826,604

Determinación de las Ventas

Calcular Intereses de préstamo
Año Capital Intereses Saldo Descripcion
0 150,000.00 Unidades Producidas
1 30,000.00 18,000.00 120,000.00 Unidades de V/Secretarial
2 30,000.00 14,400.00 90,000.00 Unidades de V/Ejecutivo
3 30,000.00 10,800.00 60,000.00
4 30,000.00 7,200.00 30,000.00 Precio Venta
5 30,000.00 3,600.00 - Unidades de V/Secretarial
Unidades de V/Ejecutivo
Calculo de depreciacion
Descripción V.C % Dep Ventas
Edificio 120,000.00 5% 6,000.00 Unidades de V/Secretarial
Herramientas 28000 25% 7,000.00 Unidades de V/Ejecutivo
Maquinaria y Equipo 275,000.00 20% 55,000.00
68,000.00 Total Ventas
 0 1 2 3 4 5

Q - Q 784,000.00 Q 855,200.00 Q 933,040.00 Q 1,078,350.00 Q 1,176,520.00

-Q 579,200.00 -Q 632,944.00 -Q 691,784.00 -Q 756,183.00 -Q 826,604.00
-Q 68,000.00 -Q 68,000.00 -Q 68,000.00 -Q 68,000.00 -Q 61,000.00
-Q 30,000.00 -Q 30,000.00 -Q 30,000.00 -Q 30,000.00 -Q 30,000.00
-Q 18,000.00 -Q 14,400.00 -Q 10,800.00 -Q 7,200.00 -Q 3,600.00

Q 88,800.00 Q 109,856.00 Q 132,456.00 Q 216,967.00 Q 255,316.00

Q 22,200.00 Q 27,464.00 Q 33,114.00 Q 54,241.75 Q 63,829.00
Q 66,600.00 Q 82,392.00 Q 99,342.00 Q 162,725.25 Q 191,487.00
Q -
Q - Q 68,000.00 Q 68,000.00 Q 68,000.00 Q 68,000.00 Q 61,000.00
(423,000.00)
(60,000.00)
150,000.00
Q 175,000.00
- -Q 30,000.00 -Q 30,000.00 -Q 30,000.00 -Q 30,000.00 -Q 30,000.00
-Q 333,000.00 Q 104,600.00 Q 120,392.00 Q 137,342.00 Q 200,725.25 Q 397,487.00
(1.25^0) (1.25^-1) (1.25^-2) (1.25^-3) (1.25^-4) (1.25^-5)
-Q 333,000.00 Q 83,680.00 Q 77,050.88 Q 70,319.10 Q 82,217.06 Q 130,248.54
-Q 333,000.00 Q 83,680.00 Q 77,050.88 Q 70,319.10 Q 82,217.06 Q 130,248.54

RELACION COSTO BENEFICIO

0 1 2 3 4 5

Q - Q 784,000.00 Q 855,200.00 Q 933,040.00 Q 1,078,350.00 Q 1,176,520.00

Q 150,000.00
Q 175,000.00
Q 150,000.00 Q 784,000.00 Q 855,200.00 Q 933,040.00 Q 1,078,350.00 Q 1,351,520.00
(1.25^0) (1.25^-1) (1.25^-2) (1.25^-3) (1.25^-4) (1.25^-5)
Q 150,000.00 Q 627,200.00 Q 547,328.00 Q 477,716.48 Q 441,692.16 Q 442,866.07

Q - Q 579,200.00 Q 632,944.00 Q 691,784.00 Q 756,183.00 Q 826,604.00

Q - Q 30,000.00 Q 30,000.00 Q 30,000.00 Q 30,000.00 Q 30,000.00

Q - Q 22,200.00 Q 27,464.00 Q 33,114.00 Q 54,242.00 Q 63,829.00
Q 423,000.00 Q - Q - Q - Q - Q -
Q 60,000.00 Q - Q - Q - Q - Q -
 Q 30,000.00 Q 30,000.00 Q 30,000.00 Q 30,000.00 Q 30,000.00
Q 483,000.00 Q 661,400.00 Q 720,408.00 Q 784,898.00 Q 870,425.00 Q 950,433.00
(1.25^0) (1.25^-1) (1.25^-2) (1.25^-3) (1.25^-4) (1.25^-5)
Q 483,000.00 Q 529,120.00 Q 461,061.12 Q 401,867.78 Q 356,526.08 Q 311,437.89

0 1 2 3 4 5

800 880 968 1065 1172

300 324 350 378 408

530 530 530 560 560

1200 1200 1200 1275 1275

Q 424,000.00 Q 466,400.00 Q 513,040.00 Q 596,400.00 Q 656,320.00

Q 360,000.00 Q 388,800.00 Q 420,000.00 Q 481,950.00 Q 520,200.00

Q 784,000.00 Q 855,200.00 Q 933,040.00 Q 1,078,350.00 Q 1,176,520.00

 Flujo Neto de
VAN Año 25% 30%
Fondo
0 -Q 333,000.00 -Q 333,000.00 -Q 333,000.00
1 Q 104,600.00 Q 83,680.00 Q 80,461.54
2 Q 120,392.00 Q 77,050.88 Q 71,237.87
3 Q 137,342.00 Q 70,319.10 Q 62,513.43
4 Q 200,725.25 Q 82,217.06 Q 70,279.49
5 Q 397,487.00 Q 130,248.54 Q 107,054.81
TOTAL Q 627,546.25 Q 110,515.59 Q 58,547.13

TIR= R1+ (R2-R1) VAN (+)

(VAN (+))-(VAN (-))

TIR= 0.3 +

TIR= 0.3 +

Q 110,515.59
Q 110,515.59
TIR= 0.3 +

TIR= 0.3

VAN Determinación de intereses prestam

Prestamo
Q 2,686,802.71 0
1
2
3
4
5
Q 2,543,012.86
1.056543
 40%

-Q 333,000.00
Q 74,714.29
Q 61,424.49
Q 50,051.75
Q 52,250.43
Q 73,906.52
-Q 20,652.53

1) VAN (+)
(VAN (+))-(VAN (-))

0.4 - 0.3 * Q 58,547.13

Q 58,547.13 - -Q 20,652.53

0.1 * Q 58,547.13
Q 79,199.66

0.1 * 0.7392346524

+ 0.0739234652 = 0.373923465 37.4

Determinación de intereses prestamo bancario

Cuota Interés Capital

Q 280,000.00
Q 56,000.00 Q 280,000.00
Q 56,000.00 Q 280,000.00
Q 100,000.00 Q 56,000.00 Q 180,000.00
Q 100,000.00 Q 36,000.00 Q 80,000.00
Q 80,000.00 Q 16,000.00 Q -