INVERSION $ 250,000,000

n= 5 años
activo 75%
depreciacion 10% anual
unidades 1,600
precio promedio $ 54,000
mano de obra y materia
prima(costos directos) 40% ventas
g.ventas y admon 20% ventas
tasa interna de oportunidad 18.5%
tasa impositiva 35%
IPC 2%
crecimiento del sector 3.5%
tasa de mercado o de dto 5.57%
 PERIODO CONCEPTO 0 1 2 3 4

+ INGRESOS $ - 69,120,000 91,212,480 96,293,015 101,656,536

- COSTO DE VENTAS 27,648,000 36,484,992 38,517,206 35,579,788
- GASTOS ADMINISTRATIVOS 17,280,000 18,242,496 19,258,603 20,331,307
- DEPRECIACION 18,750,000 18,750,000 18,750,000 18,750,000
= U.A.I 5,442,000 17,734,992 19,767,206 26,995,441
- TASA IMPOSITIVA 1,904,700 6,207,247 6,918,522 9,448,404
+ DEPRECIACION 18,750,000 18,750,000 18,750,000 18,750,000

FLUJO CAJA FINAL PERIODO 22,287,300 30,277,745 31,598,684 36,297,037

+ FLUJO CAJA INICIAL - 250,000,000 - 227,712,700 - 197,434,955 - 165,836,271
= FLUJO CAJA FINAL - 227,712,700 - 197,434,955 - 165,836,271 - 129,539,234

32,993,200
 5

107,318,805
37,561,582
21,463,761
18,750,000
29,543,462
10,340,212
18,750,000

37,953,251 3,303,837 3,487,862

- 129,539,234
- 91,585,984

34,465,389
Err:509