HORIZONTE

PERIODICIDAD

JA
VARIABLES DE NTRADA
Materia prima
CONCEPTO
ACEITE REUTILIZADO
ESENCIA
SAPONINA
HIDROXIDO DE SODIO

TOTAL

VENTAS POR DIA

VALOR VENTA UNIDAD
VALOR VENTAS DIARIAS
UNIDADES DE JB VENDIDAS MES

DETERGENTE EN POLVO
VARIABLES DE NTRADA
Materia prima
CONCEPTO
ACEITE USADO
HIDROXIDO DE SODIO
PRECARBONATO DE SODIO
AGUA
SAPONINA
TOTAL

VENTAS POR DIA

VALOR VENTA UNIDAD
VALOR VENTAS DIARIAS
UNIDADES DE JB VENDIDAS MES
 INVERSIÓN INICIAL
* DIAS AL MES TRABAJADOS EN PRODUCCIÓN
* DIAS EFECTIVOS DE VENTAS
NUMERO DE TRABAJADORES
PUBLICIDAD
TRANSPORTES DE DISTRIBUCION

Porcentajes de variación de Las ventas por día:

DATOS GENERALES
* VENTAS POR DIA JABÓN BARRA
* VENTAS POR DIA DETERGENTE POLVO
* Ingresos diarios

FLUJO DE CAJA
INGRESOS
ingreso ordinario por ventas JB
* ingreso ordinario por ventas DP
TOTAL INGRESO

EGRESOS
inversion inicial
* gastos de personal
publicidad
requisitos legales
servicios
materia prima DP
* materia prima JB
empaque DP
empaque JB
Otros gastos
TRANSPORTES (DISTRIBUCION)
TOTAL EGRESO

FCN

TD
VPN
TIR
 PRI O PAYBACK

ROI
BENEFICIO/COSTO

5,324,086.24
$ -817
$ -517
$ -217
$ 83
$ 383
$ 683
PRECIO JABON EN BARRA

$ 983
$ 1,283
$ 1,583
$ 2,783
$ 3,983
$ 5,183
$ 6,383
$ 7,583
$ 8,783
$ 9,983
$ 11,183
$ 12,383
$ 13,583

5,324,086.24
$ 1,703
$ 2,003
$ 2,303
$ 2,603
$ 2,903
PRECIO DETERGENTE EN POLVO

$ 3,203
$ 3,503
$ 3,803
$ 4,103
$ 5,303
$ 6,503
$ 7,703
$ 8,903
$ 10,103
$ 11,303
$ 12,503
PRECIO
$ 13,703
$ 14,903
$ 16,103

Margen de cambio

ASESORIAS (QUIMICAS)

157,286.40
196,608.00
245,760.00
307,200.00
384,000.00
480,000.00
600,000.00
720,000.00
864,000.00
1,036,800.00
1,244,160.00
1,492,992.00
1,791,590.40
2,149,908.48
2,579,890.18

PRECARBONATO DE SODIO DP

$ 315
$ 393
$ 492
$ 614
$ 768
$ 960
$ 1,200
$ 1,440
$ 1,728
$ 2,074
$ 2,488
$ 2,986
$ 3,583
$ 4,300
$ 5,160
 SAPONINA JB

$ 39
$ 49
$ 61
$ 77
$ 96
$ 120
$ 150
$ 180
$ 216
$ 259
$ 311
$ 373
$ 448
$ 537
$ 645

ASESORIAS (QUIMICAS)

$7,004,731.06
$6,855,457.03
$6,668,864.49
$6,435,623.82
$6,144,072.97
$5,779,634.42
$5,324,086.24
$4,868,538.05
$4,321,880.22
$3,665,890.83
$2,878,703.56
$1,934,078.83
$800,529.16
-$559,730.44
-$2,192,041.96

ANEXO: CALCULO PARA H

ir=4.49% fuente=www.grupo aval.com
fecha:18/03/19
im=4,66% fuente=www.grupo aval.com
fecha:18/03/19
B= 1,78% fuente= beta universidad de antioquia- 73 Productos linea hogar y aseo
fecha:18/03/19
 Produccion y com
DOS AÑOS
Y Se Evaluara Mensualmente - 24 meses

VARIABLES DE ENTRADA COLOR AZUL

JABON EN BARRA

UNIDADES DE MEDIDA CANTIDAD

ML 200
ML 1
GRAMOS 50
GRAMOS 25

8
$ 2,783 2783
$ 22,260
160

DETERGENTE EN POLVO
VARIABLES DE NTRADA

UNIDADES DE MEDIDA CANTIDAD

LITROS 5
KILO 0.5
GRAMOS 1500
LITROS 1
GRAMOS 200

5
$ 5,303 $ 5,303
$ 26,513
120
$ 1,300,000
10
20
4
$ 90,000
$ 40,000 Dia de viaje
12.0% Más Probable
6.0% Más Probable
(7.0%) Probable
(17.0%) Poco Probable

12.0%
0 1
8
5
$ 48,773

0 1
$ 445,200
$ 530,250
$ - $ 975,450

0 1
$ 1,300,000
$ 738,019
$ 120,000
$ 150,000
$ 74,333
$ 25,250
$ 21,200
$ 1,250
$ 1,100
$ 90,000
$ 40,000
$ 1,300,000 $ 1,261,154

(1,300,000) (285,704)

0.5305% MENSUAL VENCIDA

$ 5,324,086
19% MENSUAL
 (1,584,196)
5
24.42%
$ 5.10

112 120
-$6,950,318.91 -$6,950,318.91
-$5,927,309.73 -$5,927,309.73
-$4,904,300.55 -$4,904,300.55
-$3,881,291.37 -$3,881,291.37
-$2,858,282.19 -$2,858,282.19
-$1,835,273.01 -$1,835,273.01
-$812,263.83 -$812,263.83
$210,745.35 $210,745.35
$1,233,754.53 $1,233,754.53
$5,325,791.25 $5,325,791.25
$9,417,827.97 $9,417,827.97
$13,509,864.69 $13,509,864.69
$17,601,901.41 $17,601,901.41
$21,693,938.13 $21,693,938.13
$25,785,974.85 $25,785,974.85
$29,878,011.57 $29,878,011.57
$33,970,048.29 $33,970,048.29
$38,062,085.01 $38,062,085.01
$42,154,121.73 $42,154,121.73

52 60
-$1,872,245.69 -$1,872,245.69
-$1,272,551.37 -$1,272,551.37
-$672,857.04 -$672,857.04
-$73,162.71 -$73,162.71
$526,531.62 $526,531.62
$1,126,225.94 $1,126,225.94
$1,725,920.27 $1,725,920.27
$2,325,614.60 $2,325,614.60
$2,925,308.93 $2,925,308.93
$5,324,086.24 $5,324,086.24
$7,722,863.55 $7,722,863.55
$10,121,640.86 $10,121,640.86
$12,520,418.17 $12,520,418.17
$14,919,195.48 $14,919,195.48
$17,317,972.79 $17,317,972.79
$19,716,750.10 $19,716,750.10
 $22,115,527.41 $22,115,527.41
$24,514,304.72 $24,514,304.72
$26,913,082.03 $26,913,082.03

20%

IAS (QUIMICAS)

5,324,086.24
$7,004,731.06
$6,855,457.03
$6,668,864.49
$6,435,623.82
$6,144,072.97
$5,779,634.42
$5,324,086.24
$4,868,538.05
$4,321,880.22
$3,665,890.83
$2,878,703.56
$1,934,078.83
$800,529.16
-$559,730.44
-$2,192,041.96

NATO DE SODIO DP

5,324,086.24
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
PONINA JB

5,324,086.24
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504

PERSONA QUE FABRIQUE EL JABON PUBLICIDAD

$7,613,313.21 $7,314,437.84
$7,409,985.88 $7,137,655.80
$7,155,826.72 $6,916,678.27
$6,838,127.78 $6,640,456.34
$6,441,004.09 $6,295,178.94
$5,944,599.49 $5,863,582.18
$5,324,093.73 $5,324,086.24
$4,703,587.97 $4,784,590.29
$3,958,981.06 $4,137,195.16
$3,065,452.77 $3,360,320.99
$1,993,218.82 $2,428,072.00
$706,538.09 $1,309,373.21
-$837,478.80 -$33,065.34
-$2,690,299.06 -$1,643,991.60
-$4,913,683.38 -$3,577,103.11

ANEXO: CALCULO PARA HALLAR LA TASA DE DESCUENTO

TD= ir + (im-ir) B
 TD= 4,66%+(4,49%+4,66%)*1,78% =

tioquia- 73 Productos linea hogar y aseo

 EVALUACION DEL PROYECTO:

Produccion y comercializacion de jabones para la ropa elaborados a b

VALOR VALOR UNITARIO

$ 1,200 $ 6
$ 800 $ 800
$ 150 $ 3
$ 500 $ 20

$ 2,650

VALOR VALOR UNITARIO

$ 1,500 $ 300
$ 1,250 $ 2,500
$ 1,200 $ 1
$ 500 $ 500
$ 600 $ 3
$ 5,050
$ 5,050

HORAS DE TRABAJO
$ 828,116 SALARIO MINIMO
$ 27,604 VALOR DEL DIA
$ 3,450 VALOR DE LA HORA
$ 13,802 TRABAJO 4 HORAS DIARIAS
$ 138,019 PAGO MENSUAL
 6.0% 6.0% (7.0%)
2 3 4
8 8 7
5 5 4
$ 48,773 $ 48,773 $ 40,688

2 3 4
$ 445,200 $ 445,200 $ 389,550
$ 530,300 $ 530,300 $ 424,240
$ 975,500 $ 975,500 $ 813,790

2 3 4

$ 138,019 $ 138,019 $ 138,019

$ 120,000 $ 120,000 $ 120,000

$ 74,333 $ 74,333 $ 74,333

$ 25,250 $ 25,250 $ 20,200
$ 21,200 $ 21,200 $ 18,550
$ 1,250 $ 1,250 $ 1,000
$ 1,100 $ 1,100 $ 900
$ 90,000 $ 90,000 $ 90,000
$ 40,000 $ 40,000 $ 40,000
$ 511,155 $ 511,156 $ 503,007

464,345 464,344 310,783

 (1,124,739) (667,707) (363,433)

128 136 144

-$6,950,318.91 -$6,950,318.91 -$6,950,318.91
-$5,927,309.73 -$5,927,309.73 -$5,927,309.73
-$4,904,300.55 -$4,904,300.55 -$4,904,300.55
-$3,881,291.37 -$3,881,291.37 -$3,881,291.37
-$2,858,282.19 -$2,858,282.19 -$2,858,282.19
-$1,835,273.01 -$1,835,273.01 -$1,835,273.01
-$812,263.83 -$812,263.83 -$812,263.83
$210,745.35 $210,745.35 $210,745.35
$1,233,754.53 $1,233,754.53 $1,233,754.53
$5,325,791.25 $5,325,791.25 $5,325,791.25
$9,417,827.97 $9,417,827.97 $9,417,827.97
$13,509,864.69 $13,509,864.69 $13,509,864.69
$17,601,901.41 $17,601,901.41 $17,601,901.41
$21,693,938.13 $21,693,938.13 $21,693,938.13
$25,785,974.85 $25,785,974.85 $25,785,974.85
$29,878,011.57 $29,878,011.57 $29,878,011.57
$33,970,048.29 $33,970,048.29 $33,970,048.29
$38,062,085.01 $38,062,085.01 $38,062,085.01
$42,154,121.73 $42,154,121.73 $42,154,121.73

68 76 84
-$1,872,245.69 -$1,872,245.69 -$1,872,245.69
-$1,272,551.37 -$1,272,551.37 -$1,272,551.37
-$672,857.04 -$672,857.04 -$672,857.04
-$73,162.71 -$73,162.71 -$73,162.71
$526,531.62 $526,531.62 $526,531.62
$1,126,225.94 $1,126,225.94 $1,126,225.94
$1,725,920.27 $1,725,920.27 $1,725,920.27
$2,325,614.60 $2,325,614.60 $2,325,614.60
$2,925,308.93 $2,925,308.93 $2,925,308.93
$5,324,086.24 $5,324,086.24 $5,324,086.24
$7,722,863.55 $7,722,863.55 $7,722,863.55
$10,121,640.86 $10,121,640.86 $10,121,640.86
$12,520,418.17 $12,520,418.17 $12,520,418.17
$14,919,195.48 $14,919,195.48 $14,919,195.48
$17,317,972.79 $17,317,972.79 $17,317,972.79
$19,716,750.10 $19,716,750.10 $19,716,750.10
 $22,115,527.41 $22,115,527.41 $22,115,527.41
$24,514,304.72 $24,514,304.72 $24,514,304.72
$26,913,082.03 $26,913,082.03 $26,913,082.03

PERSONA QUE FABRIQUE EL JABON

5,324,086.24
36,180.85 $7,613,313.21
45,226.07 $7,409,985.88
56,532.58 $7,155,826.72
70,665.73 $6,838,127.78
88,332.16 $6,441,004.09
110,415.20 $5,944,599.49
$ 138,019 $5,324,093.73
165,622.80 $4,703,587.97
198,747.36 $3,958,981.06
238,496.83 $3,065,452.77
286,196.20 $1,993,218.82
343,435.44 $706,538.09
412,122.53 -$837,478.80
494,547.03 -$2,690,299.06
593,456.44 -$4,913,683.38

SAPONINA DP

5,324,086.24
$ 157 Err:504
$ 197 Err:504
$ 246 Err:504
$ 307 Err:504
$ 384 Err:504
$ 480 Err:504
$ 600 Err:504
$ 720 Err:504
$ 864 Err:504
$ 1,037 Err:504
$ 1,244 Err:504
$ 1,493 Err:504
$ 1,792 Err:504
$ 2,150 Err:504
$ 2,580 Err:504
 HIDROXIDO DE SODIO JB

5,324,086.24
$ 131 Err:504
$ 164 Err:504
$ 205 Err:504
$ 256 Err:504
$ 320 Err:504
$ 400 Err:504
$ 500 Err:504
$ 600 Err:504
$ 720 Err:504
$ 864 Err:504
$ 1,037 Err:504
$ 1,244 Err:504
$ 1,493 Err:504
$ 1,792 Err:504
$ 2,150 Err:504

VENTAS POR DIA JB VENTAS POR DIA JP SAPONINA

-$1,725,754.13 -$2,966,409.38 Err:504

-$1,329,721.10 -$2,966,409.38 Err:504
-$236,815.13 -$1,457,347.95 Err:504
$657,019.63 -$705,931.32 Err:504
$1,848,406.51 $803,130.11 Err:504
$3,389,230.59 $3,063,608.17 Err:504
$5,324,086.24 $5,324,086.24 Err:504
$7,310,826.96 $7,397,710.71 Err:504
$9,693,600.72 $10,321,186.47 Err:504
$12,425,811.68 $14,179,144.90 Err:504
$15,901,491.41 $17,102,620.66 Err:504
$20,271,005.89 $22,469,640.52 Err:504
$24,938,072.50 $27,653,594.34 Err:504
$30,848,411.07 $34,911,172.64 Err:504
$37,600,699.31 $43,201,668.26 Err:504

DESCUENTO
 4.82% EA

0.5305% PERIODICA MENSUAL VENCIDA

0.5305% PERIODICA MENSUAL VENCIDA

ECTO:

ropa elaborados a base de saponina

Mano de obra
CONCEPTO CANTIDAD
Asesorias (quimicas) 1
Persona que fabrique el jabon 4
TOTAL PERSONAL
Equipo y herramientas de trabajo)
Valdes plasticos 5
Pala de madera 1
Termometro 2
Colador 1
Rayador 1
Tazon de vidrio 1
Vaso medidor 1
Mesa 1
Estantes 2
Balanza 1
Probetas 4
TOTAL EQUIPO Y HERRAMIENTAS DE TRABAJO
requisitos legales
Licencia sanitaria 1
TOTAL REQUISITOS LEGALES
Empaque
tela 1
Bolsa 1
Publicidad 1
Codigo de barras y etiqueta 1
TOTAL EMPAQUE
Servicios
Arriendo 1
Luz 1
Agua 1
Gas 1
TOTAL SERVICIOS
 12.0% 6.0%
5 6
8 8
5 5
$ 48,773 $ 48,773

5 6
$ 445,200 $ 445,200
$ 530,300 $ 530,300
$ 975,500 $ 975,500

5 6

$ 138,019 $ 138,019
$ 120,000 $ 120,000

$ 74,333 $ 74,333
$ 25,250 $ 25,250
$ 21,200 $ 21,200
$ 1,250 $ 1,250
$ 1,100 $ 1,100
$ 90,000 $ 90,000
$ 40,000 $ 40,000
$ 511,158 $ 511,159

464,342 464,341
 88,785 538,616
5

PRODUCCION
152 160
-$6,950,318.91 -$6,950,318.91
-$5,927,309.73 -$5,927,309.73
-$4,904,300.55 -$4,904,300.55
-$3,881,291.37 -$3,881,291.37
-$2,858,282.19 -$2,858,282.19
-$1,835,273.01 -$1,835,273.01
-$812,263.83 -$812,263.83
$210,745.35 $210,745.35
$1,233,754.53 $1,233,754.53
$5,325,791.25 $5,325,791.25
$9,417,827.97 $9,417,827.97
$13,509,864.69 $13,509,864.69
$17,601,901.41 $17,601,901.41
$21,693,938.13 $21,693,938.13
$25,785,974.85 $25,785,974.85
$29,878,011.57 $29,878,011.57
$33,970,048.29 $33,970,048.29
$38,062,085.01 $38,062,085.01
$42,154,121.73 $42,154,121.73

PRODUCCION
92 100
-$1,872,245.69 -$1,872,245.69
-$1,272,551.37 -$1,272,551.37
-$672,857.04 -$672,857.04
-$73,162.71 -$73,162.71
$526,531.62 $526,531.62
$1,126,225.94 $1,126,225.94
$1,725,920.27 $1,725,920.27
$2,325,614.60 $2,325,614.60
$2,925,308.93 $2,925,308.93
$5,324,086.24 $5,324,086.24
$7,722,863.55 $7,722,863.55
$10,121,640.86 $10,121,640.86
$12,520,418.17 $12,520,418.17
$14,919,195.48 $14,919,195.48
$17,317,972.79 $17,317,972.79
$19,716,750.10 $19,716,750.10
 $22,115,527.41 $22,115,527.41
$24,514,304.72 $24,514,304.72
$26,913,082.03 $26,913,082.03

LICENCIA SANITARIA

5,324,086.24
$ 39,322 $5,538,049.62
$ 49,152 $5,519,045.50
$ 61,440 $5,495,290.35
$ 76,800 $5,465,596.41
$ 96,000 $5,428,478.99
$ 120,000 $5,382,082.21
$ 150,000 $5,324,086.24
$ 180,000 $5,266,090.26
$ 216,000 $5,196,495.10
$ 259,200 $5,112,980.89
$ 311,040 $5,012,763.85
$ 373,248 $4,892,503.41
$ 447,898 $4,748,190.87
$ 537,477 $4,575,015.82
$ 644,973 $4,367,205.76

ACEITE ESCENCIALDP

5,324,086.24
$ 393 Err:504
$ 492 Err:504
$ 614 Err:504
$ 768 Err:504
$ 960 Err:504
$ 1,200 Err:504
$ 1,500 Err:504
$ 1,800 Err:504
$ 2,160 Err:504
$ 2,592 Err:504
$ 3,110 Err:504
$ 3,732 Err:504
$ 4,479 Err:504
$ 5,375 Err:504
$ 6,450 Err:504
 ACEITE ESCENCIALJB

5,324,086.24
$ 315 Err:504
$ 393 Err:504
$ 492 Err:504
$ 614 Err:504
$ 768 Err:504
$ 960 Err:504
$ 1,200 Err:504
$ 1,440 Err:504
$ 1,728 Err:504
$ 2,074 Err:504
$ 2,488 Err:504
$ 2,986 Err:504
$ 3,583 Err:504
$ 4,300 Err:504
$ 5,160 Err:504

ANALISIS DE SENSIB
$50,000,000.00

$40,000,000.00

$30,000,000.00 ASESORIAS (QUIMICAS) PERSONA QUE FABRIQUE EL JABON PUB

$20,000,000.00

$10,000,000.00

$0.00
1 2 3 4 5 6
-$10,000,000.00

ESCENARIOS
1. TECNOLOGICO consiste en suponer que se adqueirir la maquina desaponificador
de saponina y por ende
1. TECNOLOGICO consiste en suponer que se adqueirir la maquina desaponificador
de saponina y por ende

2. COMERCIO Se trata de realizar ventas por medio del internet utilizando la cont
ELECTRONICO un tercero (servientrega), ap

3. GEOGRAFICO Abrir puntos de venta en la capital de bogot

VALOR VALOR NETO PERIODICIDAD
$ 600,000 ANUAL
$ 138,019 $ 500,000 MENSUAL
$ 738,019

$ 10,000 $ 50,000
$ 55,000 $ 55,000
$ 8,700 $ 17,400
$ 5,000 $ 5,000
$ 2,500 $ 2,500
$ 12,000 $ 12,000
$ 6,000 $ 6,000
$ 164,000 $ 164,000
$ 75,000 $ 150,000
$ 220,000 $ 220,000
$ 18,000 $ 72,000
$ 753,900

$ 150,000 $ 150,000 ANUAL

$ 150,000

$ 100 $ 100 POR UNIDAD VENDIDA

$ 250 $ 250 POR UNIDAD VENDIDA
$ 120,000 $ 120,000 MENSUAL
$ 200 $ 200 POR UNIDAD VENDIDA
$ 120,550

$ 30,000 $ 50,000 MENSUAL

$ 25,000 $ 8,333 MENSUAL
$ 23,000 $ 7,667 MENSUAL
$ 25,000 $ 8,333 MENSUAL
$ 74,333
 (7.0%) (17.0%) (7.0%)
7 8 9
7 6 7
4 4 4
$ 40,688 $ 37,905 $ 40,688

7 8 9
$ 389,550 $ 333,900 $ 389,550
$ 424,240 $ 424,240 $ 424,240
$ 813,790 $ 758,140 $ 813,790

7 8 9

$ 738,019 $ 138,019 $ 138,019

$ 120,000 $ 120,000 $ 120,000

$ 74,333 $ 74,333 $ 74,333

$ 20,200 $ 20,200 $ 20,200
$ 18,550 $ 15,900 $ 18,550
$ 1,000 $ 1,000 $ 1,000
$ 900 $ 900 $ 900
$ 90,000 $ 90,000 $ 90,000
$ 40,000 $ 40,000 $ 40,000
$ 1,103,010 $ 500,361 $ 503,012

(289,220) 257,779 310,778

 259,913 507,008 803,333
6 7 8

168 176 184

-$6,950,318.91 -$6,950,318.91 -$6,950,318.91
-$5,927,309.73 -$5,927,309.73 -$5,927,309.73
-$4,904,300.55 -$4,904,300.55 -$4,904,300.55
-$3,881,291.37 -$3,881,291.37 -$3,881,291.37
-$2,858,282.19 -$2,858,282.19 -$2,858,282.19
-$1,835,273.01 -$1,835,273.01 -$1,835,273.01
-$812,263.83 -$812,263.83 -$812,263.83
$210,745.35 $210,745.35 $210,745.35
$1,233,754.53 $1,233,754.53 $1,233,754.53
$5,325,791.25 $5,325,791.25 $5,325,791.25
$9,417,827.97 $9,417,827.97 $9,417,827.97
$13,509,864.69 $13,509,864.69 $13,509,864.69
$17,601,901.41 $17,601,901.41 $17,601,901.41
$21,693,938.13 $21,693,938.13 $21,693,938.13
$25,785,974.85 $25,785,974.85 $25,785,974.85
$29,878,011.57 $29,878,011.57 $29,878,011.57
$33,970,048.29 $33,970,048.29 $33,970,048.29
$38,062,085.01 $38,062,085.01 $38,062,085.01
$42,154,121.73 $42,154,121.73 $42,154,121.73

108 116 124

-$1,872,245.69 -$1,872,245.69 -$1,872,245.69
-$1,272,551.37 -$1,272,551.37 -$1,272,551.37
-$672,857.04 -$672,857.04 -$672,857.04
-$73,162.71 -$73,162.71 -$73,162.71
$526,531.62 $526,531.62 $526,531.62
$1,126,225.94 $1,126,225.94 $1,126,225.94
$1,725,920.27 $1,725,920.27 $1,725,920.27
$2,325,614.60 $2,325,614.60 $2,325,614.60
$2,925,308.93 $2,925,308.93 $2,925,308.93
$5,324,086.24 $5,324,086.24 $5,324,086.24
$7,722,863.55 $7,722,863.55 $7,722,863.55
$10,121,640.86 $10,121,640.86 $10,121,640.86
$12,520,418.17 $12,520,418.17 $12,520,418.17
$14,919,195.48 $14,919,195.48 $14,919,195.48
$17,317,972.79 $17,317,972.79 $17,317,972.79
$19,716,750.10 $19,716,750.10 $19,716,750.10
$22,115,527.41 $22,115,527.41 $22,115,527.41
$24,514,304.72 $24,514,304.72 $24,514,304.72
$26,913,082.03 $26,913,082.03 $26,913,082.03

ARRIENDO

5,324,086.24
$ 13,107 $6,153,399.40
$ 16,384 $6,079,740.22
$ 20,480 $5,987,666.25
$ 25,600 $5,872,573.78
$ 32,000 $5,728,708.19
$ 40,000 $5,548,876.21
$ 50,000 $5,324,086.24
$ 60,000 $5,099,296.26
$ 72,000 $4,829,548.29
$ 86,400 $4,505,850.72
$ 103,680 $4,117,413.64
$ 124,416 $3,651,289.14
$ 149,299 $3,091,939.75
$ 179,159 $2,420,720.47
$ 214,991 $1,615,257.34

HIDROXIDO DE SODIO DP

5,324,086.24
$ 328 Err:504
$ 410 Err:504
$ 512 Err:504
$ 640 Err:504
$ 800 Err:504
$ 1,000 Err:504
$ 1,250 Err:504
$ 1,500 Err:504
$ 1,800 Err:504
$ 2,160 Err:504
$ 2,592 Err:504
$ 3,110 Err:504
$ 3,732 Err:504
$ 4,479 Err:504
$ 5,375 Err:504
 VENTAS POR DIAJB

5,324,086.24
2 -$1,725,754.13
3 -$1,329,721.10
3 -$236,815.13
4 $657,019.63
5 $1,848,406.51
6 $3,389,230.59
8 $5,324,086.24
10 $7,310,826.96
12 $9,693,600.72
14 $12,425,811.68
17 $15,901,491.41
20 $20,271,005.89
24 $24,938,072.50
29 $30,848,411.07
34 $37,600,699.31

ANALISIS DE SENSIBILIDAD

PERSONA QUE FABRIQUE EL JABON PUBLICIDAD VENTAS POR DIA JB VENTAS POR DIA JP SAPONINA

5 6 7 8 9 10 11 12

ESCENARIOS
que se adqueirir la maquina desaponificadora industrial, la cual ayudara a aumentar la produccion
de saponina y por ende de jabones.
que se adqueirir la maquina desaponificadora industrial, la cual ayudara a aumentar la produccion
de saponina y por ende de jabones.

entas por medio del internet utilizando la contratacion de

un tercero (servientrega), apuntando asi a otro segmento del mercado.

Abrir puntos de venta en la capital de bogota con el fin de aumentar ventas.

 12.0% 6.0% 12.0%
10 11 12
8 8 8
5 5 5
$ 48,773 $ 48,773 $ 48,773

10 11 12
$ 445,200 $ 445,200 $ 445,200
$ 530,300 $ 530,300 $ 530,300
$ 975,500 $ 975,500 $ 975,500

10 11 12

$ 138,019 $ 138,019 $ 138,019

$ 120,000 $ 120,000 $ 120,000
$ 150,000
$ 74,333 $ 74,333 $ 74,333
$ 25,250 $ 25,250 $ 25,250
$ 21,200 $ 21,200 $ 21,200
$ 1,250 $ 1,250 $ 1,250
$ 1,100 $ 1,100 $ 1,100
$ 90,000 $ 90,000 $ 90,000
$ 40,000 $ 40,000 $ 40,000
$ 511,163 $ 511,164 $ 661,165

464,337 464,336 314,335

 1,243,739 1,681,820 1,976,816
9 10 11

192 200 208

-$6,950,318.91 -$6,950,318.91 -$6,950,318.91
-$5,927,309.73 -$5,927,309.73 -$5,927,309.73
-$4,904,300.55 -$4,904,300.55 -$4,904,300.55
-$3,881,291.37 -$3,881,291.37 -$3,881,291.37
-$2,858,282.19 -$2,858,282.19 -$2,858,282.19
-$1,835,273.01 -$1,835,273.01 -$1,835,273.01
-$812,263.83 -$812,263.83 -$812,263.83
$210,745.35 $210,745.35 $210,745.35
$1,233,754.53 $1,233,754.53 $1,233,754.53
$5,325,791.25 $5,325,791.25 $5,325,791.25
$9,417,827.97 $9,417,827.97 $9,417,827.97
$13,509,864.69 $13,509,864.69 $13,509,864.69
$17,601,901.41 $17,601,901.41 $17,601,901.41
$21,693,938.13 $21,693,938.13 $21,693,938.13
$25,785,974.85 $25,785,974.85 $25,785,974.85
$29,878,011.57 $29,878,011.57 $29,878,011.57
$33,970,048.29 $33,970,048.29 $33,970,048.29
$38,062,085.01 $38,062,085.01 $38,062,085.01
$42,154,121.73 $42,154,121.73 $42,154,121.73

132 140 148

-$1,872,245.69 -$1,872,245.69 -$1,872,245.69
-$1,272,551.37 -$1,272,551.37 -$1,272,551.37
-$672,857.04 -$672,857.04 -$672,857.04
-$73,162.71 -$73,162.71 -$73,162.71
$526,531.62 $526,531.62 $526,531.62
$1,126,225.94 $1,126,225.94 $1,126,225.94
$1,725,920.27 $1,725,920.27 $1,725,920.27
$2,325,614.60 $2,325,614.60 $2,325,614.60
$2,925,308.93 $2,925,308.93 $2,925,308.93
$5,324,086.24 $5,324,086.24 $5,324,086.24
$7,722,863.55 $7,722,863.55 $7,722,863.55
$10,121,640.86 $10,121,640.86 $10,121,640.86
$12,520,418.17 $12,520,418.17 $12,520,418.17
$14,919,195.48 $14,919,195.48 $14,919,195.48
$17,317,972.79 $17,317,972.79 $17,317,972.79
$19,716,750.10 $19,716,750.10 $19,716,750.10
$22,115,527.41 $22,115,527.41 $22,115,527.41
$24,514,304.72 $24,514,304.72 $24,514,304.72
$26,913,082.03 $26,913,082.03 $26,913,082.03

LUZ

5,324,086.24
$ 6,554 $5,462,305.10
$ 8,192 $5,450,028.57
$ 10,240 $5,434,682.90
$ 12,800 $5,415,500.83
$ 16,000 $5,391,523.23
$ 20,000 $5,361,551.23
$ 25,000 $5,324,086.24
$ 30,000 $5,286,621.24
$ 36,000 $5,241,663.24
$ 43,200 $5,187,713.65
$ 51,840 $5,122,974.14
$ 62,208 $5,045,286.72
$ 74,650 $4,952,061.82
$ 89,580 $4,840,191.94
$ 107,495 $4,705,948.09

VENTAS POR DIA DP

5,324,086.24
1 -$2,966,409.38
2 -$2,966,409.38
2 -$1,457,347.95
3 -$705,931.32
3 $803,130.11
4 $3,063,608.17
5 $5,324,086.24
6 $7,397,710.71
7 $10,321,186.47
9 $14,179,144.90
10 $17,102,620.66
12 $22,469,640.52
15 $27,653,594.34
18 $34,911,172.64
21 $43,201,668.26
 PUBLICIDAD

5,324,086.24
$ 31,457 $7,314,437.84
$ 39,322 $7,137,655.80
$ 49,152 $6,916,678.27
$ 61,440 $6,640,456.34
$ 76,800 $6,295,178.94
$ 96,000 $5,863,582.18
$ 120,000 $5,324,086.24
$ 144,000 $4,784,590.29
$ 172,800 $4,137,195.16
$ 207,360 $3,360,320.99
$ 248,832 $2,428,072.00
$ 298,598 $1,309,373.21
$ 358,318 -$33,065.34
$ 429,982 -$1,643,991.60
$ 515,978 -$3,577,103.11

S POR DIA JP SAPONINA

10 11 12 13 14 15

VARIABLES CAMBIANTESVALORES ACTUALES

Transportes
 Publicidad

Gastos de personal

Inversion inicial

Ventas diarias JB

entas diarias DP
 12.0% 6.0% 6.0% (7.0%)
13 14 15 16
8 8 8 7
5 5 5 4
$ 48,773 $ 48,773 $ 48,773 $ 40,688

13 14 15 16
$ 445,200 $ 445,200 $ 445,200 $ 389,550
$ 530,300 $ 530,300 $ 530,300 $ 424,240
$ 975,500 $ 975,500 $ 975,500 $ 813,790

13 14 15 16

$ 738,019 $ 138,019 $ 138,019 $ 138,019

$ 120,000 $ 120,000 $ 120,000 $ 120,000

$ 74,333 $ 74,333 $ 74,333 $ 74,333

$ 25,250 $ 25,250 $ 25,250 $ 20,200
$ 21,200 $ 21,200 $ 21,200 $ 18,550
$ 1,250 $ 1,250 $ 1,250 $ 1,000
$ 1,100 $ 1,100 $ 1,100 $ 900
$ 90,000 $ 90,000 $ 90,000 $ 90,000
$ 40,000 $ 40,000 $ 40,000 $ 40,000
$ 1,111,166 $ 511,167 $ 511,168 $ 503,019

(135,666) 464,333 464,332 310,771

1,850,169 2,281,347 2,710,250 2,995,793
12 13 14 15
 AGUA

5,324,086.24
$ 6,029 $5,451,247.59
$ 7,537 $5,439,953.18
$ 9,421 $5,425,835.17
$ 11,776 $5,408,187.66
$ 14,720 $5,386,128.27
$ 18,400 $5,358,554.03
$ 23,000 $5,324,086.24
$ 27,600 $5,289,618.44
$ 33,120 $5,248,257.08
$ 39,744 $5,198,623.46
$ 47,693 $5,139,063.10
$ 57,231 $5,067,590.68
$ 68,678 $4,981,823.77
$ 82,413 $4,878,903.48
$ 98,896 $4,755,399.14
 12.0% 6.0% (7.0%) (17.0%) (7.0%)
17 18 19 20 21
8 8 7 6 7
5 5 4 4 4
$ 48,773 $ 48,773 $ 40,688 $ 37,905 $ 40,688

17 18 19 20 21
$ 445,200 $ 445,200 $ 389,550 $ 333,900 $ 389,550
$ 530,300 $ 530,300 $ 424,240 $ 424,240 $ 424,240
$ 975,500 $ 975,500 $ 813,790 $ 758,140 $ 813,790

17 18 19 20 21

$ 138,019 $ 138,019 $ 738,019 $ 138,019 $ 138,019

$ 120,000 $ 120,000 $ 120,000 $ 120,000 $ 120,000

$ 74,333 $ 74,333 $ 74,333 $ 74,333 $ 74,333

$ 25,250 $ 25,250 $ 20,200 $ 20,200 $ 20,200
$ 21,200 $ 21,200 $ 18,550 $ 15,900 $ 18,550
$ 1,250 $ 1,250 $ 1,000 $ 1,000 $ 1,000
$ 1,100 $ 1,100 $ 900 $ 900 $ 900
$ 90,000 $ 90,000 $ 90,000 $ 90,000 $ 90,000
$ 40,000 $ 40,000 $ 40,000 $ 40,000 $ 40,000
$ 511,170 $ 511,171 $ 1,103,022 $ 500,373 $ 503,024

464,330 464,329 (289,232) 257,767 310,766

3,420,178 3,842,323 3,580,756 3,812,638 4,090,721
16 17 18 19 20
 12.0% 6.0% 6.0%
22 23 24
8 8 8
5 5 5
$ 48,773 $ 48,773 $ 48,773

22 23 24
$ 445,200 $ 445,200 $ 445,200
$ 530,300 $ 530,300 $ 530,300
$ 975,500 $ 975,500 $ 975,500

22 23 24

$ 138,019 $ 138,019 $ 138,019

$ 120,000 $ 120,000 $ 120,000

$ 74,333 $ 74,333 $ 74,333

$ 25,250 $ 25,250 $ 25,250
$ 21,200 $ 21,200 $ 21,200
$ 1,250 $ 1,250 $ 1,250
$ 1,100 $ 1,100 $ 1,100
$ 90,000 $ 90,000 $ 90,000
$ 40,000 $ 40,000 $ 40,000
$ 511,175 $ 511,176 $ 511,177

464,325 464,324 464,323

4,504,021 4,915,139 5,324,086
21 22 23
 HORIZONTE
PERIODICIDAD

JA
VARIABLES DE NTRADA
Materia prima
CONCEPTO
ACEITE REUTILIZADO
ESENCIA
SAPONINA
HIDROXIDO DE SODIO

TOTAL

VENTAS POR DIA

VALOR VENTA UNIDAD
VALOR VENTAS DIARIAS
UNIDADES DE JB VENDIDAS MES

DETERGENTE EN POLVO
VARIABLES DE NTRADA
Materia prima
CONCEPTO
ACEITE USADO
HIDROXIDO DE SODIO
PRECARBONATO DE SODIO
AGUA
SAPONINA
TOTAL

VENTAS POR DIA

VALOR VENTA UNIDAD
VALOR VENTAS DIARIAS
UNIDADES DE JB VENDIDAS MES
 INVERSIÓN INICIAL
* DIAS AL MES TRABAJADOS EN PRODUCCIÓN
* DIAS EFECTIVOS DE VENTAS
NUMERO DE TRABAJADORES
OTROS GASTOS
TRANSPORTES DE DISTRIBUCION

Porcentajes de variación de Las ventas por día:

DATOS GENERALES
* VENTAS POR DIA JABÓN BARRA
* VENTAS POR DIA DETERGENTE POLVO
* Ingresos diarios

FLUJO DE CAJA
INGRESOS
ingreso ordinario por ventas JB
* ingreso ordinario por ventas DP
TOTAL INGRESO

EGRESOS
inversion inicial
* gastos de personal
publicidad
requisitos legales
servicios
materia prima DP
* materia prima JB
empaque DP
empaque JB
Otros gastos
TRANSPORTES (DISTRIBUCION)
TOTAL EGRESO

FCN

TD
VPN
TIR
 PRI O PAYBACK

ROI
BENEFICIO/COSTO

5,324,086.24
$ -817
$ -517
$ -217
$ 83
$ 383
$ 683
PRECIO JABON EN BARRA

$ 983
$ 1,283
$ 1,583
$ 2,783
$ 3,983
$ 5,183
$ 6,383
$ 7,583
$ 8,783
$ 9,983
$ 11,183
$ 12,383
$ 13,583

5,324,086.24
$ 1,703
$ 2,003
$ 2,303
$ 2,603
$ 2,903
PRECIO DETERGENTE EN POLVO

$ 3,203
$ 3,503
$ 3,803
$ 4,103
$ 5,303
$ 6,503
$ 7,703
$ 8,903
$ 10,103
$ 11,303
$ 12,503
PRECIO
$ 13,703
$ 14,903
$ 16,103

Margen de cambio

ASESORIAS (QUIMICAS)

157,286.40
196,608.00
245,760.00
307,200.00
384,000.00
480,000.00
600,000.00
720,000.00
864,000.00
1,036,800.00
1,244,160.00
1,492,992.00
1,791,590.40
2,149,908.48
2,579,890.18

PRECARBONATO DE SODIO DP

$ 315
$ 393
$ 492
$ 614
$ 768
$ 960
$ 1,200
$ 1,440
$ 1,728
$ 2,074
$ 2,488
$ 2,986
$ 3,583
$ 4,300
$ 5,160
 SAPONINA JB

$ 39
$ 49
$ 61
$ 77
$ 96
$ 120
$ 150
$ 180
$ 216
$ 259
$ 311
$ 373
$ 448
$ 537
$ 645

ASESORIAS (QUIMICAS)

$7,004,731.06
$6,855,457.03
$6,668,864.49
$6,435,623.82
$6,144,072.97
$5,779,634.42
$5,324,086.24
$4,868,538.05
$4,321,880.22
$3,665,890.83
$2,878,703.56
$1,934,078.83
$800,529.16
-$559,730.44
-$2,192,041.96

ANEXO: CALCULO PARA H

ir=4.49% fuente=www.grupo aval.com
fecha:18/03/19
im=4,66% fuente=www.grupo aval.com
fecha:18/03/19
B= 1,78% fuente= beta universidad de antioquia- 73 Productos linea hogar y aseo
fecha:18/03/19
 Produccion y com
DOS AÑOS
Y Se Evaluara Mensualmente - 24 meses

VARIABLES DE ENTRADA COLOR AZUL

JABON EN BARRA

UNIDADES DE MEDIDA CANTIDAD

ML 200
ML 1
GRAMOS 50
GRAMOS 25

8
$ 2,783 2783
$ 22,260
160

DETERGENTE EN POLVO
VARIABLES DE NTRADA

UNIDADES DE MEDIDA CANTIDAD

LITROS 5
KILO 0.5
GRAMOS 1500
LITROS 1
GRAMOS 200

5
$ 5,303 $ 5,303
$ 26,513
120
$ 1,300,000
10
20
4
$ 90,000
$ 40,000 Dia de viaje
12.0% Más Probable
6.0% Más Probable
(7.0%) Probable
(17.0%) Poco Probable

12.0%
0 1
8
5
$ 48,773

0 1
$ 445,200
$ 530,250
$ - $ 975,450

0 1
$ 1,300,000
$ 738,019
$ 120,000
$ 150,000
$ 74,333
$ 25,250
$ 21,200
$ 1,250
$ 1,100
$ 90,000
$ 40,000
$ 1,300,000 $ 1,261,154

(1,300,000) (285,704)

0.5305% MENSUAL VENCIDA

$ 5,324,086
19% MENSUAL
 (1,584,196)
5
24.42%
$ 5.10

112 120
-$6,950,318.91 -$6,950,318.91
-$5,927,309.73 -$5,927,309.73
-$4,904,300.55 -$4,904,300.55
-$3,881,291.37 -$3,881,291.37
-$2,858,282.19 -$2,858,282.19
-$1,835,273.01 -$1,835,273.01
-$812,263.83 -$812,263.83
$210,745.35 $210,745.35
$1,233,754.53 $1,233,754.53
$5,325,791.25 $5,325,791.25
$9,417,827.97 $9,417,827.97
$13,509,864.69 $13,509,864.69
$17,601,901.41 $17,601,901.41
$21,693,938.13 $21,693,938.13
$25,785,974.85 $25,785,974.85
$29,878,011.57 $29,878,011.57
$33,970,048.29 $33,970,048.29
$38,062,085.01 $38,062,085.01
$42,154,121.73 $42,154,121.73

52 60
-$1,872,245.69 -$1,872,245.69
-$1,272,551.37 -$1,272,551.37
-$672,857.04 -$672,857.04
-$73,162.71 -$73,162.71
$526,531.62 $526,531.62
$1,126,225.94 $1,126,225.94
$1,725,920.27 $1,725,920.27
$2,325,614.60 $2,325,614.60
$2,925,308.93 $2,925,308.93
$5,324,086.24 $5,324,086.24
$7,722,863.55 $7,722,863.55
$10,121,640.86 $10,121,640.86
$12,520,418.17 $12,520,418.17
$14,919,195.48 $14,919,195.48
$17,317,972.79 $17,317,972.79
$19,716,750.10 $19,716,750.10
 $22,115,527.41 $22,115,527.41
$24,514,304.72 $24,514,304.72
$26,913,082.03 $26,913,082.03

20%

IAS (QUIMICAS)

5,324,086.24
$7,004,731.06
$6,855,457.03
$6,668,864.49
$6,435,623.82
$6,144,072.97
$5,779,634.42
$5,324,086.24
$4,868,538.05
$4,321,880.22
$3,665,890.83
$2,878,703.56
$1,934,078.83
$800,529.16
-$559,730.44
-$2,192,041.96

NATO DE SODIO DP

5,324,086.24
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
PONINA JB

5,324,086.24
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504
Err:504

PERSONA QUE FABRIQUE EL JABON PUBLICIDAD

$7,613,313.21 $7,314,437.84
$7,409,985.88 $7,137,655.80
$7,155,826.72 $6,916,678.27
$6,838,127.78 $6,640,456.34
$6,441,004.09 $6,295,178.94
$5,944,599.49 $5,863,582.18
$5,324,093.73 $5,324,086.24
$4,703,587.97 $4,784,590.29
$3,958,981.06 $4,137,195.16
$3,065,452.77 $3,360,320.99
$1,993,218.82 $2,428,072.00
$706,538.09 $1,309,373.21
-$837,478.80 -$33,065.34
-$2,690,299.06 -$1,643,991.60
-$4,913,683.38 -$3,577,103.11

ANEXO: CALCULO PARA HALLAR LA TASA DE DESCUENTO

TD= ir + (im-ir) B
 TD= 4,66%+(4,49%+4,66%)*1,78% =

tioquia- 73 Productos linea hogar y aseo

 EVALUACION DEL PROYECTO:

Produccion y comercializacion de jabones para la ropa elaborados a b

VALOR VALOR UNITARIO

$ 1,200 $ 6
$ 800 $ 800
$ 150 $ 3
$ 500 $ 20

$ 2,650

VALOR VALOR UNITARIO

$ 1,500 $ 300
$ 1,250 $ 2,500
$ 1,200 $ 1
$ 500 $ 500
$ 600 $ 3
$ 5,050
$ 5,050

HORAS DE TRABAJO
$ 828,116 SALARIO MINIMO
$ 27,604 VALOR DEL DIA
$ 3,450 VALOR DE LA HORA
$ 13,802 TRABAJO 4 HORAS DIARIAS
$ 138,019 PAGO MENSUAL
 6.0% 6.0% (7.0%)
2 3 4
8 8 7
5 5 4
$ 48,773 $ 48,773 $ 40,688

2 3 4
$ 445,200 $ 445,200 $ 389,550
$ 530,300 $ 530,300 $ 424,240
$ 975,500 $ 975,500 $ 813,790

2 3 4

$ 138,019 $ 138,019 $ 138,019

$ 120,000 $ 120,000 $ 120,000

$ 74,333 $ 74,333 $ 74,333

$ 25,250 $ 25,250 $ 20,200
$ 21,200 $ 21,200 $ 18,550
$ 1,250 $ 1,250 $ 1,000
$ 1,100 $ 1,100 $ 900
$ 90,000 $ 90,000 $ 90,000
$ 40,000 $ 40,000 $ 40,000
$ 511,155 $ 511,156 $ 503,007

464,345 464,344 310,783

 (1,124,739) (667,707) (363,433)

128 136 144

-$6,950,318.91 -$6,950,318.91 -$6,950,318.91
-$5,927,309.73 -$5,927,309.73 -$5,927,309.73
-$4,904,300.55 -$4,904,300.55 -$4,904,300.55
-$3,881,291.37 -$3,881,291.37 -$3,881,291.37
-$2,858,282.19 -$2,858,282.19 -$2,858,282.19
-$1,835,273.01 -$1,835,273.01 -$1,835,273.01
-$812,263.83 -$812,263.83 -$812,263.83
$210,745.35 $210,745.35 $210,745.35
$1,233,754.53 $1,233,754.53 $1,233,754.53
$5,325,791.25 $5,325,791.25 $5,325,791.25
$9,417,827.97 $9,417,827.97 $9,417,827.97
$13,509,864.69 $13,509,864.69 $13,509,864.69
$17,601,901.41 $17,601,901.41 $17,601,901.41
$21,693,938.13 $21,693,938.13 $21,693,938.13
$25,785,974.85 $25,785,974.85 $25,785,974.85
$29,878,011.57 $29,878,011.57 $29,878,011.57
$33,970,048.29 $33,970,048.29 $33,970,048.29
$38,062,085.01 $38,062,085.01 $38,062,085.01
$42,154,121.73 $42,154,121.73 $42,154,121.73

68 76 84
-$1,872,245.69 -$1,872,245.69 -$1,872,245.69
-$1,272,551.37 -$1,272,551.37 -$1,272,551.37
-$672,857.04 -$672,857.04 -$672,857.04
-$73,162.71 -$73,162.71 -$73,162.71
$526,531.62 $526,531.62 $526,531.62
$1,126,225.94 $1,126,225.94 $1,126,225.94
$1,725,920.27 $1,725,920.27 $1,725,920.27
$2,325,614.60 $2,325,614.60 $2,325,614.60
$2,925,308.93 $2,925,308.93 $2,925,308.93
$5,324,086.24 $5,324,086.24 $5,324,086.24
$7,722,863.55 $7,722,863.55 $7,722,863.55
$10,121,640.86 $10,121,640.86 $10,121,640.86
$12,520,418.17 $12,520,418.17 $12,520,418.17
$14,919,195.48 $14,919,195.48 $14,919,195.48
$17,317,972.79 $17,317,972.79 $17,317,972.79
$19,716,750.10 $19,716,750.10 $19,716,750.10
 $22,115,527.41 $22,115,527.41 $22,115,527.41
$24,514,304.72 $24,514,304.72 $24,514,304.72
$26,913,082.03 $26,913,082.03 $26,913,082.03

PERSONA QUE FABRIQUE EL JABON

5,324,086.24
36,180.85 $7,613,313.21
45,226.07 $7,409,985.88
56,532.58 $7,155,826.72
70,665.73 $6,838,127.78
88,332.16 $6,441,004.09
110,415.20 $5,944,599.49
$ 138,019 $5,324,093.73
165,622.80 $4,703,587.97
198,747.36 $3,958,981.06
238,496.83 $3,065,452.77
286,196.20 $1,993,218.82
343,435.44 $706,538.09
412,122.53 -$837,478.80
494,547.03 -$2,690,299.06
593,456.44 -$4,913,683.38

SAPONINA DP

5,324,086.24
$ 157 Err:504
$ 197 Err:504
$ 246 Err:504
$ 307 Err:504
$ 384 Err:504
$ 480 Err:504
$ 600 Err:504
$ 720 Err:504
$ 864 Err:504
$ 1,037 Err:504
$ 1,244 Err:504
$ 1,493 Err:504
$ 1,792 Err:504
$ 2,150 Err:504
$ 2,580 Err:504
 HIDROXIDO DE SODIO JB

5,324,086.24
$ 131 Err:504
$ 164 Err:504
$ 205 Err:504
$ 256 Err:504
$ 320 Err:504
$ 400 Err:504
$ 500 Err:504
$ 600 Err:504
$ 720 Err:504
$ 864 Err:504
$ 1,037 Err:504
$ 1,244 Err:504
$ 1,493 Err:504
$ 1,792 Err:504
$ 2,150 Err:504

VENTAS POR DIA JB VENTAS POR DIA JP SAPONINA

-$1,725,754.13 -$2,966,409.38 Err:504

-$1,329,721.10 -$2,966,409.38 Err:504
-$236,815.13 -$1,457,347.95 Err:504
$657,019.63 -$705,931.32 Err:504
$1,848,406.51 $803,130.11 Err:504
$3,389,230.59 $3,063,608.17 Err:504
$5,324,086.24 $5,324,086.24 Err:504
$7,310,826.96 $7,397,710.71 Err:504
$9,693,600.72 $10,321,186.47 Err:504
$12,425,811.68 $14,179,144.90 Err:504
$15,901,491.41 $17,102,620.66 Err:504
$20,271,005.89 $22,469,640.52 Err:504
$24,938,072.50 $27,653,594.34 Err:504
$30,848,411.07 $34,911,172.64 Err:504
$37,600,699.31 $43,201,668.26 Err:504

DESCUENTO
 4.82% EA

0.5305% PERIODICA MENSUAL VENCIDA

0.5305% PERIODICA MENSUAL VENCIDA

ECTO:

ropa elaborados a base de saponina

Mano de obra
CONCEPTO CANTIDAD
Asesorias (quimicas) 1
Persona que fabrique el jabon 4
TOTAL PERSONAL
Equipo y herramientas de trabajo)
Valdes plasticos 5
Pala de madera 1
Termometro 2
Colador 1
Rayador 1
Tazon de vidrio 1
Vaso medidor 1
Mesa 1
Estantes 2
Balanza 1
Probetas 4
TOTAL EQUIPO Y HERRAMIENTAS DE TRABAJO
requisitos legales
Licencia sanitaria 1
TOTAL REQUISITOS LEGALES
Empaque
tela 1
Bolsa 1
Publicidad 1
Codigo de barras y etiqueta 1
TOTAL EMPAQUE
Servicios
Arriendo 1
Luz 1
Agua 1
Gas 1
TOTAL SERVICIOS
 12.0% 6.0%
5 6
8 8
5 5
$ 48,773 $ 48,773

5 6
$ 445,200 $ 445,200
$ 530,300 $ 530,300
$ 975,500 $ 975,500

5 6

$ 138,019 $ 138,019
$ 120,000 $ 120,000

$ 74,333 $ 74,333
$ 25,250 $ 25,250
$ 21,200 $ 21,200
$ 1,250 $ 1,250
$ 1,100 $ 1,100
$ 90,000 $ 90,000
$ 40,000 $ 40,000
$ 511,158 $ 511,159

464,342 464,341
 88,785 538,616
5

PRODUCCION
152 160
-$6,950,318.91 -$6,950,318.91
-$5,927,309.73 -$5,927,309.73
-$4,904,300.55 -$4,904,300.55
-$3,881,291.37 -$3,881,291.37
-$2,858,282.19 -$2,858,282.19
-$1,835,273.01 -$1,835,273.01
-$812,263.83 -$812,263.83
$210,745.35 $210,745.35
$1,233,754.53 $1,233,754.53
$5,325,791.25 $5,325,791.25
$9,417,827.97 $9,417,827.97
$13,509,864.69 $13,509,864.69
$17,601,901.41 $17,601,901.41
$21,693,938.13 $21,693,938.13
$25,785,974.85 $25,785,974.85
$29,878,011.57 $29,878,011.57
$33,970,048.29 $33,970,048.29
$38,062,085.01 $38,062,085.01
$42,154,121.73 $42,154,121.73

PRODUCCION
92 100
-$1,872,245.69 -$1,872,245.69
-$1,272,551.37 -$1,272,551.37
-$672,857.04 -$672,857.04
-$73,162.71 -$73,162.71
$526,531.62 $526,531.62
$1,126,225.94 $1,126,225.94
$1,725,920.27 $1,725,920.27
$2,325,614.60 $2,325,614.60
$2,925,308.93 $2,925,308.93
$5,324,086.24 $5,324,086.24
$7,722,863.55 $7,722,863.55
$10,121,640.86 $10,121,640.86
$12,520,418.17 $12,520,418.17
$14,919,195.48 $14,919,195.48
$17,317,972.79 $17,317,972.79
$19,716,750.10 $19,716,750.10
 $22,115,527.41 $22,115,527.41
$24,514,304.72 $24,514,304.72
$26,913,082.03 $26,913,082.03

LICENCIA SANITARIA

5,324,086.24
$ 39,322 $5,538,049.62
$ 49,152 $5,519,045.50
$ 61,440 $5,495,290.35
$ 76,800 $5,465,596.41
$ 96,000 $5,428,478.99
$ 120,000 $5,382,082.21
$ 150,000 $5,324,086.24
$ 180,000 $5,266,090.26
$ 216,000 $5,196,495.10
$ 259,200 $5,112,980.89
$ 311,040 $5,012,763.85
$ 373,248 $4,892,503.41
$ 447,898 $4,748,190.87
$ 537,477 $4,575,015.82
$ 644,973 $4,367,205.76

ACEITE ESCENCIALDP

5,324,086.24
$ 393 Err:504
$ 492 Err:504
$ 614 Err:504
$ 768 Err:504
$ 960 Err:504
$ 1,200 Err:504
$ 1,500 Err:504
$ 1,800 Err:504
$ 2,160 Err:504
$ 2,592 Err:504
$ 3,110 Err:504
$ 3,732 Err:504
$ 4,479 Err:504
$ 5,375 Err:504
$ 6,450 Err:504
 ACEITE ESCENCIALJB

5,324,086.24
$ 315 Err:504
$ 393 Err:504
$ 492 Err:504
$ 614 Err:504
$ 768 Err:504
$ 960 Err:504
$ 1,200 Err:504
$ 1,440 Err:504
$ 1,728 Err:504
$ 2,074 Err:504
$ 2,488 Err:504
$ 2,986 Err:504
$ 3,583 Err:504
$ 4,300 Err:504
$ 5,160 Err:504

ANALISIS DE SENSIB
$50,000,000.00

$40,000,000.00

$30,000,000.00 ASESORIAS (QUIMICAS) PERSONA QUE FABRIQUE EL JABON PUB

$20,000,000.00

$10,000,000.00

$0.00
1 2 3 4 5 6
-$10,000,000.00

ESCENARIOS
1. TECNOLOGICO consiste en suponer que se adqueirir la maquina desaponificador
de saponina y por ende
1. TECNOLOGICO consiste en suponer que se adqueirir la maquina desaponificador
de saponina y por ende

2. COMERCIO Se trata de realizar ventas por medio del internet utilizando la cont
ELECTRONICO un tercero (servientrega), ap

3. GEOGRAFICO Abrir puntos de venta en la capital de bogot

VALOR VALOR NETO PERIODICIDAD
$ 600,000 ANUAL
$ 138,019 $ 500,000 MENSUAL
$ 738,019

$ 10,000 $ 50,000
$ 55,000 $ 55,000
$ 8,700 $ 17,400
$ 5,000 $ 5,000
$ 2,500 $ 2,500
$ 12,000 $ 12,000
$ 6,000 $ 6,000
$ 164,000 $ 164,000
$ 75,000 $ 150,000
$ 220,000 $ 220,000
$ 18,000 $ 72,000
$ 753,900

$ 150,000 $ 150,000 ANUAL

$ 150,000

$ 100 $ 100 POR UNIDAD VENDIDA

$ 250 $ 250 POR UNIDAD VENDIDA
$ 120,000 $ 120,000 MENSUAL
$ 200 $ 200 POR UNIDAD VENDIDA
$ 120,550

$ 30,000 $ 50,000 MENSUAL

$ 25,000 $ 8,333 MENSUAL
$ 23,000 $ 7,667 MENSUAL
$ 25,000 $ 8,333 MENSUAL
$ 74,333
 (7.0%) (17.0%) (7.0%)
7 8 9
7 6 7
4 4 4
$ 40,688 $ 37,905 $ 40,688

7 8 9
$ 389,550 $ 333,900 $ 389,550
$ 424,240 $ 424,240 $ 424,240
$ 813,790 $ 758,140 $ 813,790

7 8 9

$ 738,019 $ 138,019 $ 138,019

$ 120,000 $ 120,000 $ 120,000

$ 74,333 $ 74,333 $ 74,333

$ 20,200 $ 20,200 $ 20,200
$ 18,550 $ 15,900 $ 18,550
$ 1,000 $ 1,000 $ 1,000
$ 900 $ 900 $ 900
$ 90,000 $ 90,000 $ 90,000
$ 40,000 $ 40,000 $ 40,000
$ 1,103,010 $ 500,361 $ 503,012

(289,220) 257,779 310,778

 259,913 507,008 803,333
6 7 8

168 176 184

-$6,950,318.91 -$6,950,318.91 -$6,950,318.91
-$5,927,309.73 -$5,927,309.73 -$5,927,309.73
-$4,904,300.55 -$4,904,300.55 -$4,904,300.55
-$3,881,291.37 -$3,881,291.37 -$3,881,291.37
-$2,858,282.19 -$2,858,282.19 -$2,858,282.19
-$1,835,273.01 -$1,835,273.01 -$1,835,273.01
-$812,263.83 -$812,263.83 -$812,263.83
$210,745.35 $210,745.35 $210,745.35
$1,233,754.53 $1,233,754.53 $1,233,754.53
$5,325,791.25 $5,325,791.25 $5,325,791.25
$9,417,827.97 $9,417,827.97 $9,417,827.97
$13,509,864.69 $13,509,864.69 $13,509,864.69
$17,601,901.41 $17,601,901.41 $17,601,901.41
$21,693,938.13 $21,693,938.13 $21,693,938.13
$25,785,974.85 $25,785,974.85 $25,785,974.85
$29,878,011.57 $29,878,011.57 $29,878,011.57
$33,970,048.29 $33,970,048.29 $33,970,048.29
$38,062,085.01 $38,062,085.01 $38,062,085.01
$42,154,121.73 $42,154,121.73 $42,154,121.73

108 116 124

-$1,872,245.69 -$1,872,245.69 -$1,872,245.69
-$1,272,551.37 -$1,272,551.37 -$1,272,551.37
-$672,857.04 -$672,857.04 -$672,857.04
-$73,162.71 -$73,162.71 -$73,162.71
$526,531.62 $526,531.62 $526,531.62
$1,126,225.94 $1,126,225.94 $1,126,225.94
$1,725,920.27 $1,725,920.27 $1,725,920.27
$2,325,614.60 $2,325,614.60 $2,325,614.60
$2,925,308.93 $2,925,308.93 $2,925,308.93
$5,324,086.24 $5,324,086.24 $5,324,086.24
$7,722,863.55 $7,722,863.55 $7,722,863.55
$10,121,640.86 $10,121,640.86 $10,121,640.86
$12,520,418.17 $12,520,418.17 $12,520,418.17
$14,919,195.48 $14,919,195.48 $14,919,195.48
$17,317,972.79 $17,317,972.79 $17,317,972.79
$19,716,750.10 $19,716,750.10 $19,716,750.10
$22,115,527.41 $22,115,527.41 $22,115,527.41
$24,514,304.72 $24,514,304.72 $24,514,304.72
$26,913,082.03 $26,913,082.03 $26,913,082.03

ARRIENDO

5,324,086.24
$ 13,107 $6,153,399.40
$ 16,384 $6,079,740.22
$ 20,480 $5,987,666.25
$ 25,600 $5,872,573.78
$ 32,000 $5,728,708.19
$ 40,000 $5,548,876.21
$ 50,000 $5,324,086.24
$ 60,000 $5,099,296.26
$ 72,000 $4,829,548.29
$ 86,400 $4,505,850.72
$ 103,680 $4,117,413.64
$ 124,416 $3,651,289.14
$ 149,299 $3,091,939.75
$ 179,159 $2,420,720.47
$ 214,991 $1,615,257.34

HIDROXIDO DE SODIO DP

5,324,086.24
$ 328 Err:504
$ 410 Err:504
$ 512 Err:504
$ 640 Err:504
$ 800 Err:504
$ 1,000 Err:504
$ 1,250 Err:504
$ 1,500 Err:504
$ 1,800 Err:504
$ 2,160 Err:504
$ 2,592 Err:504
$ 3,110 Err:504
$ 3,732 Err:504
$ 4,479 Err:504
$ 5,375 Err:504
 VENTAS POR DIAJB

5,324,086.24
2 -$1,725,754.13
3 -$1,329,721.10
3 -$236,815.13
4 $657,019.63
5 $1,848,406.51
6 $3,389,230.59
8 $5,324,086.24
10 $7,310,826.96
12 $9,693,600.72
14 $12,425,811.68
17 $15,901,491.41
20 $20,271,005.89
24 $24,938,072.50
29 $30,848,411.07
34 $37,600,699.31

ANALISIS DE SENSIBILIDAD

PERSONA QUE FABRIQUE EL JABON PUBLICIDAD VENTAS POR DIA JB VENTAS POR DIA JP SAPONINA

5 6 7 8 9 10 11 12

ESCENARIOS
que se adqueirir la maquina desaponificadora industrial, la cual ayudara a aumentar la produccion
de saponina y por ende de jabones.
que se adqueirir la maquina desaponificadora industrial, la cual ayudara a aumentar la produccion
de saponina y por ende de jabones.

entas por medio del internet utilizando la contratacion de

un tercero (servientrega), apuntando asi a otro segmento del mercado.

Abrir puntos de venta en la capital de bogota con el fin de aumentar ventas.

 12.0% 6.0% 12.0%
10 11 12
8 8 8
5 5 5
$ 48,773 $ 48,773 $ 48,773

10 11 12
$ 445,200 $ 445,200 $ 445,200
$ 530,300 $ 530,300 $ 530,300
$ 975,500 $ 975,500 $ 975,500

10 11 12

$ 138,019 $ 138,019 $ 138,019

$ 120,000 $ 120,000 $ 120,000
$ 150,000
$ 74,333 $ 74,333 $ 74,333
$ 25,250 $ 25,250 $ 25,250
$ 21,200 $ 21,200 $ 21,200
$ 1,250 $ 1,250 $ 1,250
$ 1,100 $ 1,100 $ 1,100
$ 90,000 $ 90,000 $ 90,000
$ 40,000 $ 40,000 $ 40,000
$ 511,163 $ 511,164 $ 661,165

464,337 464,336 314,335

 1,243,739 1,681,820 1,976,816
9 10 11

192 200 208

-$6,950,318.91 -$6,950,318.91 -$6,950,318.91
-$5,927,309.73 -$5,927,309.73 -$5,927,309.73
-$4,904,300.55 -$4,904,300.55 -$4,904,300.55
-$3,881,291.37 -$3,881,291.37 -$3,881,291.37
-$2,858,282.19 -$2,858,282.19 -$2,858,282.19
-$1,835,273.01 -$1,835,273.01 -$1,835,273.01
-$812,263.83 -$812,263.83 -$812,263.83
$210,745.35 $210,745.35 $210,745.35
$1,233,754.53 $1,233,754.53 $1,233,754.53
$5,325,791.25 $5,325,791.25 $5,325,791.25
$9,417,827.97 $9,417,827.97 $9,417,827.97
$13,509,864.69 $13,509,864.69 $13,509,864.69
$17,601,901.41 $17,601,901.41 $17,601,901.41
$21,693,938.13 $21,693,938.13 $21,693,938.13
$25,785,974.85 $25,785,974.85 $25,785,974.85
$29,878,011.57 $29,878,011.57 $29,878,011.57
$33,970,048.29 $33,970,048.29 $33,970,048.29
$38,062,085.01 $38,062,085.01 $38,062,085.01
$42,154,121.73 $42,154,121.73 $42,154,121.73

132 140 148

-$1,872,245.69 -$1,872,245.69 -$1,872,245.69
-$1,272,551.37 -$1,272,551.37 -$1,272,551.37
-$672,857.04 -$672,857.04 -$672,857.04
-$73,162.71 -$73,162.71 -$73,162.71
$526,531.62 $526,531.62 $526,531.62
$1,126,225.94 $1,126,225.94 $1,126,225.94
$1,725,920.27 $1,725,920.27 $1,725,920.27
$2,325,614.60 $2,325,614.60 $2,325,614.60
$2,925,308.93 $2,925,308.93 $2,925,308.93
$5,324,086.24 $5,324,086.24 $5,324,086.24
$7,722,863.55 $7,722,863.55 $7,722,863.55
$10,121,640.86 $10,121,640.86 $10,121,640.86
$12,520,418.17 $12,520,418.17 $12,520,418.17
$14,919,195.48 $14,919,195.48 $14,919,195.48
$17,317,972.79 $17,317,972.79 $17,317,972.79
$19,716,750.10 $19,716,750.10 $19,716,750.10
$22,115,527.41 $22,115,527.41 $22,115,527.41
$24,514,304.72 $24,514,304.72 $24,514,304.72
$26,913,082.03 $26,913,082.03 $26,913,082.03

LUZ

5,324,086.24
$ 6,554 $5,462,305.10
$ 8,192 $5,450,028.57
$ 10,240 $5,434,682.90
$ 12,800 $5,415,500.83
$ 16,000 $5,391,523.23
$ 20,000 $5,361,551.23
$ 25,000 $5,324,086.24
$ 30,000 $5,286,621.24
$ 36,000 $5,241,663.24
$ 43,200 $5,187,713.65
$ 51,840 $5,122,974.14
$ 62,208 $5,045,286.72
$ 74,650 $4,952,061.82
$ 89,580 $4,840,191.94
$ 107,495 $4,705,948.09

VENTAS POR DIA DP

5,324,086.24
1 -$2,966,409.38
2 -$2,966,409.38
2 -$1,457,347.95
3 -$705,931.32
3 $803,130.11
4 $3,063,608.17
5 $5,324,086.24
6 $7,397,710.71
7 $10,321,186.47
9 $14,179,144.90
10 $17,102,620.66
12 $22,469,640.52
15 $27,653,594.34
18 $34,911,172.64
21 $43,201,668.26
 PUBLICIDAD

5,324,086.24
$ 31,457 $7,314,437.84
$ 39,322 $7,137,655.80
$ 49,152 $6,916,678.27
$ 61,440 $6,640,456.34
$ 76,800 $6,295,178.94
$ 96,000 $5,863,582.18
$ 120,000 $5,324,086.24
$ 144,000 $4,784,590.29
$ 172,800 $4,137,195.16
$ 207,360 $3,360,320.99
$ 248,832 $2,428,072.00
$ 298,598 $1,309,373.21
$ 358,318 -$33,065.34
$ 429,982 -$1,643,991.60
$ 515,978 -$3,577,103.11

S POR DIA JP SAPONINA

10 11 12 13 14 15

VARIABLES CAMBIANTESVALORES ACTUALES

Transportes
 Publicidad

Gastos de personal

Inversion inicial

Ventas diarias JB

entas diarias DP
 12.0% 6.0% 6.0% (7.0%)
13 14 15 16
8 8 8 7
5 5 5 4
$ 48,773 $ 48,773 $ 48,773 $ 40,688

13 14 15 16
$ 445,200 $ 445,200 $ 445,200 $ 389,550
$ 530,300 $ 530,300 $ 530,300 $ 424,240
$ 975,500 $ 975,500 $ 975,500 $ 813,790

13 14 15 16

$ 738,019 $ 138,019 $ 138,019 $ 138,019

$ 120,000 $ 120,000 $ 120,000 $ 120,000

$ 74,333 $ 74,333 $ 74,333 $ 74,333

$ 25,250 $ 25,250 $ 25,250 $ 20,200
$ 21,200 $ 21,200 $ 21,200 $ 18,550
$ 1,250 $ 1,250 $ 1,250 $ 1,000
$ 1,100 $ 1,100 $ 1,100 $ 900
$ 90,000 $ 90,000 $ 90,000 $ 90,000
$ 40,000 $ 40,000 $ 40,000 $ 40,000
$ 1,111,166 $ 511,167 $ 511,168 $ 503,019

(135,666) 464,333 464,332 310,771

1,850,169 2,281,347 2,710,250 2,995,793
12 13 14 15
 AGUA

5,324,086.24
$ 6,029 $5,451,247.59
$ 7,537 $5,439,953.18
$ 9,421 $5,425,835.17
$ 11,776 $5,408,187.66
$ 14,720 $5,386,128.27
$ 18,400 $5,358,554.03
$ 23,000 $5,324,086.24
$ 27,600 $5,289,618.44
$ 33,120 $5,248,257.08
$ 39,744 $5,198,623.46
$ 47,693 $5,139,063.10
$ 57,231 $5,067,590.68
$ 68,678 $4,981,823.77
$ 82,413 $4,878,903.48
$ 98,896 $4,755,399.14
 12.0% 6.0% (7.0%) (17.0%) (7.0%)
17 18 19 20 21
8 8 7 6 7
5 5 4 4 4
$ 48,773 $ 48,773 $ 40,688 $ 37,905 $ 40,688

17 18 19 20 21
$ 445,200 $ 445,200 $ 389,550 $ 333,900 $ 389,550
$ 530,300 $ 530,300 $ 424,240 $ 424,240 $ 424,240
$ 975,500 $ 975,500 $ 813,790 $ 758,140 $ 813,790

17 18 19 20 21

$ 138,019 $ 138,019 $ 738,019 $ 138,019 $ 138,019

$ 120,000 $ 120,000 $ 120,000 $ 120,000 $ 120,000

$ 74,333 $ 74,333 $ 74,333 $ 74,333 $ 74,333

$ 25,250 $ 25,250 $ 20,200 $ 20,200 $ 20,200
$ 21,200 $ 21,200 $ 18,550 $ 15,900 $ 18,550
$ 1,250 $ 1,250 $ 1,000 $ 1,000 $ 1,000
$ 1,100 $ 1,100 $ 900 $ 900 $ 900
$ 90,000 $ 90,000 $ 90,000 $ 90,000 $ 90,000
$ 40,000 $ 40,000 $ 40,000 $ 40,000 $ 40,000
$ 511,170 $ 511,171 $ 1,103,022 $ 500,373 $ 503,024

464,330 464,329 (289,232) 257,767 310,766

3,420,178 3,842,323 3,580,756 3,812,638 4,090,721
16 17 18 19 20
 12.0% 6.0% 6.0%
22 23 24
8 8 8
5 5 5
$ 48,773 $ 48,773 $ 48,773

22 23 24
$ 445,200 $ 445,200 $ 445,200
$ 530,300 $ 530,300 $ 530,300
$ 975,500 $ 975,500 $ 975,500

22 23 24

$ 138,019 $ 138,019 $ 138,019

$ 120,000 $ 120,000 $ 120,000

$ 74,333 $ 74,333 $ 74,333

$ 25,250 $ 25,250 $ 25,250
$ 21,200 $ 21,200 $ 21,200
$ 1,250 $ 1,250 $ 1,250
$ 1,100 $ 1,100 $ 1,100
$ 90,000 $ 90,000 $ 90,000
$ 40,000 $ 40,000 $ 40,000
$ 511,175 $ 511,176 $ 511,177

464,325 464,324 464,323

4,504,021 4,915,139 5,324,086
21 22 23