Monto Columna1

$ 307,477.81 Año
Interes $ 0.0160 Gasto Financiero
Plazo 10
$ 33,517.98
Año
Monto Columna1 Amortizacion
Interes
Meses

Mes Pago gasto financiero Amoritación de deuda

A B=A * i C= A -B
1 $ 33,517.98 $ 4,919.64 $ 28,598.34
2 $ 33,517.98 $ 4,462.07 $ 29,055.91
3 $ 33,517.98 $ 3,997.18 $ 29,520.81
4 $ 33,517.98 $ 3,524.84 $ 29,993.14
5 $ 33,517.98 $ 3,044.95 $ 30,473.03
6 $ 33,517.98 $ 2,557.39 $ 30,960.60
7 $ 33,517.98 $ 2,062.02 $ 31,455.97
8 $ 33,517.98 $ 1,558.72 $ 31,959.26
9 $ 33,517.98 $ 1,047.37 $ 32,470.61
10 $ 33,517.98 $ 527.84 $ 32,990.14
2021 2022 2023 2024 2025 2026
$ 4,919.64 $ 4,462.07 $ 3,997.18 $ 3,524.84 $ 3,044.95 $ 2,557.39

2021 2022 2023 2024 2025 2026

$ 28,598.34 $ 29,055.91 $ 29,520.81 $ 29,993.14 $ 30,473.03 $ 30,960.60
$ 33,517.98 $ 33,517.98 $ 33,517.98 $ 33,517.98 $ 33,517.98 $ 33,517.98

Monto
$ 307,477.81
$ 278,879.47
$ 249,823.56
$ 220,302.75
$ 190,309.61
$ 159,836.58
$ 128,875.98
$ 97,420.02
$ 65,460.75
$ 32,990.14
$ 0.00
2027 2028 2029 2030 Columna1 Columna2
$ 2,062.02 $ 1,558.72 $ 1,047.37 $ 527.84

2027 2028 2029 2030 Columna1 Columna2

$ 31,455.97 $ 31,959.26 $ 32,470.61 $ 32,990.14
$ 33,517.98 $ 33,517.98 $ 33,517.98 $ 33,517.98
TMAR del inversionista

Inflación 2021 (A) Premio al Riesgo (B)

Columna1
Inversionista 1.70% 40%

TMAR de banco cuscatlan

Impuesto (Escudo fiscal )

Tasa de interes (A)
Columna1 (B)
Cuscatlan 15.00% 30%

TMAR GLOBAL MIXTA

Concepto Montos Proporcion

Inversionista $ 461,216.72 60%
Cuscatlan $ 307,477.81 40%
Total de la inversion $ 768,694.53 TMAR GLOBAL MIXTA
 Tasa del inversionista C=A+B+
(A*B)
42.38%

Tasa aplicando escudo fiscal

C=A*(1-B)
10.50%

Tasa TMAR
42.38% 25.43%
10.50% 4.2%
TMAR GLOBAL MIXTA 29.63%
 Año
Concepto
Ingresos por ventas
(-) Devolucion
Ventas Netas
Costo de lo Vendido
Mano de obra directa
Materia prima e insumos
Costos indirectos de fabricacion
Utilidad bruta
(-) Gastos de Ventas
(-) Gastos administrativos
Utilidad de Operación
Gastos financieros
Intereses de prestamos bancarios
Utilidad neta antes de impuesto y reserva
(-) Reserva Legal (7%)
Utilidad neta antes de impuesto
Impuesto sobre la renta 30%
Utilidad Neta
 ESTADO DE RESULTADO

2021 2022 2023 2024 2025

$ 4,458,666.67 $ 4,736,000.00 $ 4,784,000.00 $ 4,736,000.00
$ 44,586.67 $ 47,360.00 $ 47,840.00 $ 47,360.00
$ 4,414,080.00 $ 4,688,640.00 $ 4,736,160.00 $ 4,688,640.00
$ 260,253.88 $ 764,872.82 $ 765,580.02 $ 792,976.34
$ 11,787.39 $ 11,787.39 $ 11,787.39 $ 11,787.39
$ 237,089.60 $ 741,708.54 $ 742,415.74 $ 769,812.06
$ 11,376.89 $ 11,376.89 $ 11,376.89 $ 11,376.89
$ - $ 4,153,826.12 $ 3,923,767.18 $ 3,970,579.98 $ 3,895,663.66
$ - $ - $ 11,376.89 $ 11,376.89 $ 11,376.89
$ 78,189.00 $ 135,476.84 $ 164,023.91 $ 224,199.11 $ 284,374.32
-$ 78,189.00 $ 4,018,349.28 $ 3,748,366.38 $ 3,735,003.98 $ 3,599,912.45
$ 4,919.64 $ 4,462.07 $ 3,997.18 $ 3,524.84 $ 3,044.95
$ 4,919.64 $ 4,462.07 $ 3,997.18 $ 3,524.84 $ 3,044.95
-$ 83,108.64 $ 4,013,887.21 $ 3,744,369.20 $ 3,731,479.13 $ 3,596,867.50
$ 280,972.10 $ 262,105.84 $ 261,203.54 $ 251,780.72
-$ 83,108.64 $ 3,732,915.10 $ 3,482,263.36 $ 3,470,275.59 $ 3,345,086.77
$ 1,119,874.53 $ 1,044,679.01 $ 1,041,082.68 $ 1,003,526.03
-$ 83,108.64 $ 2,613,040.57 $ 2,437,584.35 $ 2,429,192.92 $ 2,341,560.74
LTADO

2026 2027 2028 2029 2030

$ 4,736,000.00 $ 4,736,000.00 $ 4,784,000.00 $ 4,736,000.00 $ 4,736,000.00
$ 47,360.00 $ 47,360.00 $ 47,840.00 $ 47,360.00 $ 47,360.00
$ 4,688,640.00 $ 4,688,640.00 $ 4,736,160.00 $ 4,688,640.00 $ 4,688,640.00
$ 800,132.18 $ 795,272.18 $ 794,466.10 $ 793,782.42 $ 798,520.02
$ 11,787.39 $ 11,787.39 $ 11,787.39 $ 11,787.39 $ 11,787.39
$ 776,967.90 $ 772,107.90 $ 771,301.82 $ 770,618.14 $ 775,355.74
$ 11,376.89 $ 11,376.89 $ 11,376.89 $ 11,376.89 $ 11,376.89
$ 3,888,507.82 $ 3,893,367.82 $ 3,941,693.90 $ 3,894,857.58 $ 3,890,119.98
$ 11,376.89 $ 11,376.89 $ 11,376.89 $ 11,376.89 $ 11,376.89
$ 344,549.52 $ 353,364.73 $ 362,179.93 $ 370,995.14 $ 379,810.34
$ 3,532,581.41 $ 3,528,626.20 $ 3,568,137.08 $ 3,512,485.55 $ 3,498,932.75
$ 2,557.39 $ 2,062.02 $ 1,558.72 $ 1,047.37 $ 527.84
$ 2,557.39 $ 2,062.02 $ 1,558.72 $ 1,047.37 $ 527.84
$ 3,530,024.02 $ 3,526,564.19 $ 3,566,578.36 $ 3,511,438.18 $ 3,498,404.91
$ 247,101.68 $ 246,859.49 $ 249,660.49 $ 245,800.67 $ 244,888.34
$ 3,282,922.34 $ 3,279,704.69 $ 3,316,917.87 $ 3,265,637.51 $ 3,253,516.56
$ 984,876.70 $ 983,911.41 $ 995,075.36 $ 979,691.25 $ 976,054.97
$ 2,298,045.64 $ 2,295,793.29 $ 2,321,842.51 $ 2,285,946.26 $ 2,277,461.59
 2031 2032
$ 4,736,000.00 $ 4,784,000.00
$ 47,360.00 $ 47,840.00
$ 4,688,640.00 $ 4,736,160.00
$ 794,466.10 $ 793,660.02
$ 11,787.39 $ 11,787.39
$ 771,301.82 $ 770,495.74
$ 11,376.89 $ 11,376.89
$ 3,894,173.90 $ 3,942,499.98
$ 11,376.89 $ 11,376.89
$ 388,625.55 $ 397,440.75
$ 3,494,171.47 $ 3,533,682.34
$ - $ -
$ - $ -
$ 3,494,171.47 $ 3,533,682.34
$ 244,592.00 $ 247,357.76
$ 3,249,579.46 $ 3,286,324.58
$ 974,873.84 $ 985,897.37
$ 2,274,705.62 $ 2,300,427.20
 Año 0 1
Concepto 2021 2022
Activo circulante
Efectivo $ 4,407,058.26
Cuentas por cobrar
Inventario de Materia Prima $ 237,089.60
Total de Activo Circulante $ - $ 4,644,147.86
Activo Fijo
Terreno $ 710,500.00 $ 710,500.00
Infraestructura $ 176,304.09 $ 176,304.09
Maquinaria y Equipo $ 256,800.00 $ 256,800.00
Equipos Administrativos $ 20,436.66 $ 20,436.66
Equipos de proteccion Personal $ 4,575.10 $ 4,575.10
Equipo de manejo logistico $ 18,010.74 $ 18,010.74
(-) Depreciacion Acumulada -$ 81,686.45
Total de Activo Fijo $ 1,186,626.59 $ 1,104,940.14
Total de activos $ 1,186,626.59 $ 5,749,088.00
Pasivos
Pasivos Circulante
Cuentas por Pagar ( Proveedores) $ 237,796.80
Impuestos por Pagar $ 1,119,874.53
Pasivo Circulante $ - $ 1,357,671.33
Pasivo a largo plazo $ 51,210.71 $ 278,879.47
Prestamo a largo Plazo $ 51,210.71 $ 278,879.47
Total de pasivo a largo plazo $ 51,210.71 $ 278,879.47
Total de pasivo $ 51,210.71 $ 1,636,550.80
Patrimonio $ 1,218,524.52 $ 4,112,537.20
Capital social $ 1,218,524.52 $ 1,218,524.52
Reserva Legal $ - $ 280,972.10
Utilidad del Ejercicio -$ 83,108.64 $ 2,613,040.57
Total de patrimonio $ 1,135,415.88 $ 4,112,537.20
Total de Patrimonio + Pasivo $ 1,186,626.59 $ 5,749,088.00
ACTIVO -( PASIVO + PATRIMONIO) $ 0.00 $ 0.00
 2 3 4 5 6
2023 2024 2025 2026 2027

$ 3,814,365.72 $ 3,816,330.05 $ 3,711,108.09 $ 3,675,306.10 $ 3,650,913.95

$ 389,260.27 $ 393,205.48 $ 389,260.27 $ 390,350.95 $ 389,260.27
$ 237,796.80 $ 251,959.20 $ 254,266.80 $ 251,836.80 $ 251,836.80
$ 4,441,422.79 $ 4,461,494.73 $ 4,354,635.16 $ 4,317,493.85 $ 4,292,011.02

$ 710,500.00 $ 710,500.00 $ 710,500.00 $ 710,500.00 $ 710,500.00

$ 176,304.09 $ 176,304.09 $ 176,304.09 $ 176,304.09 $ 176,304.09
$ 256,800.00 $ 256,800.00 $ 256,800.00 $ 256,800.00 $ 256,800.00
$ 20,436.66 $ 20,436.66 $ 20,436.66 $ 20,436.66 $ 20,436.66
$ 4,575.10 $ 4,575.10 $ 4,575.10 $ 4,575.10 $ 4,575.10
$ 18,010.74 $ 18,010.74 $ 18,010.74 $ 18,010.74 $ 18,010.74
-$ 163,372.91 -$ 223,548.11 -$ 283,723.32 -$ 343,898.52 -$ 352,713.73
$ 1,023,253.68 $ 963,078.48 $ 902,903.27 $ 842,728.07 $ 833,912.86
$ 5,464,676.47 $ 5,424,573.21 $ 5,257,538.44 $ 5,160,221.92 $ 5,125,923.89

$ 251,959.20 $ 254,266.80 $ 251,836.80 $ 251,836.80 $ 251,959.20

$ 1,044,679.01 $ 1,041,082.68 $ 1,003,526.03 $ 984,876.70 $ 983,911.41
$ 1,296,638.21 $ 1,295,349.48 $ 1,255,362.83 $ 1,236,713.50 $ 1,235,870.61
$ 249,823.56 $ 3,524.84 $ 3,044.95 $ 2,557.39 $ 2,062.02
$ 249,823.56 $ 220,302.75 $ 190,309.61 $ 159,836.58 $ 128,875.98
$ 249,823.56 $ 220,302.75 $ 190,309.61 $ 159,836.58 $ 128,875.98
$ 1,546,461.77 $ 1,515,652.23 $ 1,445,672.44 $ 1,396,550.09 $ 1,364,746.59
$ 3,918,214.72 $ 3,908,920.97 $ 3,811,865.99 $ 3,763,671.84 $ 3,761,177.30
$ 1,218,524.52 $ 1,218,524.52 $ 1,218,524.52 $ 1,218,524.52 $ 1,218,524.52
$ 262,105.84 $ 261,203.54 $ 251,780.72 $ 247,101.68 $ 246,859.49
$ 2,437,584.35 $ 2,429,192.92 $ 2,341,560.74 $ 2,298,045.64 $ 2,295,793.29
$ 3,918,214.72 $ 3,908,920.97 $ 3,811,865.99 $ 3,763,671.84 $ 3,761,177.30
$ 5,464,676.48 $ 5,424,573.21 $ 5,257,538.43 $ 5,160,221.93 $ 5,125,923.89
$ 0.01 $ 0.00 $ 0.00 $ 0.00 $ 0.00
 7 8 9 10 11
2028 2029 2030 2031 2032

$ 3,666,527.36 $ 3,587,450.73 $ 3,553,192.05 $ 3,524,906.07 $ 3,317,205.34

$ 393,205.48 $ 389,260.27 $ 389,260.27 $ 389,260.27 $ 393,205.48
$ 251,959.20 $ 254,266.80 $ 251,836.80 $ 251,836.80 $ 251,959.20
$ 4,311,692.04 $ 4,230,977.80 $ 4,194,289.12 $ 4,166,003.14 $ 3,962,370.02

$ 710,500.00 $ 710,500.00 $ 710,500.00 $ 710,500.00 $ 710,500.00

$ 176,304.09 $ 176,304.09 $ 176,304.09 $ 176,304.09 $ 176,304.09
$ 256,800.00 $ 256,800.00 $ 256,800.00 $ 256,800.00 $ 256,800.00
$ 20,436.66 $ 20,436.66 $ 20,436.66 $ 20,436.66 $ 20,436.66
$ 4,575.10 $ 4,575.10 $ 4,575.10 $ 4,575.10 $ 4,575.10
$ 18,010.74 $ 18,010.74 $ 18,010.74 $ 18,010.74 $ 18,010.74
-$ 361,528.93 -$ 370,344.14 -$ 379,159.34 -$ 387,974.55 -$ 396,789.75
$ 825,097.66 $ 816,282.45 $ 807,467.25 $ 798,652.05 $ 789,836.84
$ 5,136,789.70 $ 5,047,260.26 $ 5,001,756.37 $ 4,964,655.19 $ 4,752,206.86

$ 254,266.80 $ 251,836.80 $ 251,836.80 $ 251,959.20 $ -

$ 995,075.36 $ 979,691.25 $ 976,054.97 $ 974,873.84 $ 985,897.37
$ 1,249,342.16 $ 1,231,528.05 $ 1,227,891.77 $ 1,226,833.04 $ 985,897.37
$ 1,558.72 $ 1,047.37 $ 527.84 $ - $ -
$ 97,420.02 $ 65,460.75 $ 32,990.14 $ 0.00 $ -
$ 97,420.02 $ 65,460.75 $ 32,990.14 $ 0.00 $ -
$ 1,346,762.18 $ 1,296,988.81 $ 1,260,881.91 $ 1,226,833.04 $ 985,897.37
$ 3,790,027.52 $ 3,750,271.45 $ 3,740,874.46 $ 3,737,822.15 $ 3,766,309.49
$ 1,218,524.52 $ 1,218,524.52 $ 1,218,524.52 $ 1,218,524.52 $ 1,218,524.52
$ 249,660.49 $ 245,800.67 $ 244,888.34 $ 244,592.00 $ 247,357.76
$ 2,321,842.51 $ 2,285,946.26 $ 2,277,461.59 $ 2,274,705.62 $ 2,300,427.20
$ 3,790,027.52 $ 3,750,271.45 $ 3,740,874.46 $ 3,737,822.15 $ 3,766,309.49
$ 5,136,789.69 $ 5,047,260.26 $ 5,001,756.37 $ 4,964,655.19 $ 4,752,206.86
$ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00
 2021
Razones de Liquidez
Razones Circulantes Ac/Pc -
Prueba Acida Ac-Inv/Pc -

Razones de endeudamiento
Margen de Utilidad Bruta Utilidad Bruta/Ventas netas -
Margen Neto de Utilidad Utilidad neta/ventas netas -

Razones de Rentabilidad

Rendimiento sobre la inversion Total Utilidad Neta/activo Total - 0.0700

Renta sobre Capital Utilidad Neta/Capital Total - 0.0732
Rendimiento sobre Activos Utilidad Neta/Activos - 0.0700

Razones de Actividades
Rotacion de Inventarios Costo de Venta/Inventarios -
Promedio Medio de Inventario 360/Rotacion de Inventarios 0
Rotacion de Activo Circulante Ventas netas totales/Ac 0
Rotacion de Activo Fijo Ventas netas totales/Af Neto 0
Rotacion de Activo Total Ventas netas totales/Act. Total 0
Razon de la deuda Pasivo Total/ Activo Total 0.0432
Razon de endeudamiento Pasivo Total/Capital Total 0.0451
Cobertura de Intereses Utilidad antes de Res e imp/gastos por int. -16.8932
 2022 2023 2024 2025 2026 2027 2028

3.4207 3.4253 3.4442 3.4688 3.4911 3.4729 3.4512

3.2460 3.2419 3.2497 3.2663 3.2875 3.2691 3.2495

0.9410 0.8369 0.8384 0.8309 0.8293 0.8304 0.8323

0.5920 0.5199 0.5129 0.4994 0.4901 0.4897 0.4902

0.4545 0.4461 0.4478 0.4454 0.4453 0.4479 0.4520

0.6354 0.6221 0.6214 0.6143 0.6106 0.6104 0.6126
0.4545 0.4461 0.4478 0.4454 0.4453 0.4479 0.4520

1.0977 3.2165 3.0385 3.1187 3.1772 3.1579 3.1532

327.9577 111.9230 118.4792 115.4335 113.3078 114.0003 114.1714
0.9505 1.0557 1.0616 1.0767 1.0860 1.0924 1.0984
3.9949 4.5821 4.9177 5.1928 5.5636 5.6225 5.7401
0.7678 0.8580 0.8731 0.8918 0.9086 0.9147 0.9220
0.2847 0.2830 0.2794 0.2750 0.2706 0.2662 0.2622
0.3979 0.3947 0.3877 0.3793 0.3711 0.3629 0.3553
899.5569 936.7534 1058.6225 1181.2552 1380.3254 1710.2508 2288.1452
 2029 2030 2031 2032

3.4356 3.4158 3.3957 4.0190

3.2291 3.2107 3.1905 3.7635

0.8307 0.8297 0.8306 0.8324

0.4875 0.4857 0.4852 0.4857

0.4529 0.4553 0.4582 0.4841

0.6095 0.6088 0.6086 0.6108
0.4529 0.4553 0.4582 0.4841

3.1218 3.1708 3.1547 3.1500

115.3163 113.5366 114.1159 114.2874
1.1082 1.1179 1.1255 1.1953
5.7439 5.8066 5.8707 5.9964
0.9289 0.9374 0.9444 0.9966
0.2570 0.2521 0.2471 0.2075
0.3458 0.3371 0.3282 0.2618
3352.6178 6627.7469 0.0000 0.0000