Producto 1 AÑOS 1 2 3 4 5 6 7 8 9 10

PRODUCCION 47,580.00 49,245.00 50,969.00 52,753.00 54,599.00 56,510.00 58,488.00 60,535.00 62,654.00 64,847.00
PRECIO DE VENT 37
COSTO DE VENT 15
CECIMIENTO 3.5%

Producto 2 AÑOS 1 2 3 4 5 6 7 8 9 10
PRODUCCION 57,850.00 62,015.00 66,480.00 71,267.00 76,398.00 81,899.00 87,796.00 94,117.00 100,893.00 108,157.00
PRECIO DE VENT 47
COSTO DE VENT 19
CECIMIENTO 7.2%

INVERSION 1,151,700.00 ENTIDAD FINANCIERA

GASTOS ADMINISTRATIVOS inversion fija 1,059,300.00 Plazo 7
sueldos y salarios 37,500.00 muebles y enseres 2400.00 Tasa 17.5%
servicio 350.00 equipos de computación 7400.00 saldo Capítulo amortizaciones interes couta fija
alquiler 1,500.00 trimestre maquinaria A 182000.00 0 21,700.00
mantenimiento 850.00 3400 maquinaria B 192000.00 1- 30,369.76 52,069.76 3,797.50 55,867.26
servicios 950 283.33 maquinaria C 197000.00 2- 91,551.73 61,181.97 - 5,314.71 55,867.26
total mes 40,583.33 herramientas 8500.00 3- 163,440.54 71,888.81 - 16,021.55 55,867.26
total año 490,400.00 edificacicaiones 470000.00 4- 247,909.90 84,469.36 - 28,602.10 55,867.26
GASTOS COMERCIALES inversion diferida 92,400.00 5- 347,161.39 99,251.49 - 43,384.23 55,867.26
distribucion 1,200.00 gastos constitucion y organización 92,400.00 6- 463,781.90 116,620.50 - 60,753.24 55,867.26
promocion 2,700.00 7- 600,810.99 137,029.09 - 81,161.83 55,867.26
publicidad 3,800.00 8- 761,820.17 161,009.18 - 105,141.92 55,867.26
total mes 7,700.00 9- 951,005.96 189,185.79 - 133,318.53 55,867.26
total año 92,400.00 10 - 1,173,299.27 222,293.30 - 166,426.04 55,867.26

DEPRECIACIONES
bienes valor vida util depreciación valor residual
muebles y enseres 2,400.00 10 240.00 0 -
equipo de computación 7,400.00 4 1,850.00 0 -
maquinaria A 182,000.00 8 22,750.00 0 -
maquinaria B 192,000.00 8 24,000.00 0 -
maquinaria C 197,000.00 8 24,625.00 0 -
herramientas 8,500.00 4 2,125.00 0 -
edificaciones 470,000.00 40 11,750.00 30 352,500.00
total 1,059,300.00 87,340.00 352,500.00
CAPITAL DE TRABAJO
0 1 2 3 4 5 6 7 8 9 10
costos de ventas 1,812,850.00 1,916,960.00 2,027,655.00 2,145,368.00 2,270,547.00 2,403,731.00 2,545,444.00 2,696,248.00 2,856,777.00 3,027,688.00
11% 199,413.50 210,865.60 223,042.05 235990.48 249760.17 264410.41 279,998.84 296587.28 314245.47 333,045.68
incremento - 199,413.50 - 11,452.10 -12176.45 -12948.43 -13769.69 -14650.24 -15588.4300000001 -16588.44 -17658.19 - 18,800.21
recuperación 333,045.68

INVERSION
DATOS OUTSORCING inversion fija
muebles y enseres Plazo
equipos de computación Tasa
maquinaria A saldo Capítulo amortizaciones interes couta variable
inversion diferida 21,700.00
DATOS LEASING gastos de organización #DIV/0! #DIV/0! - #DIV/0!
MAQUINARIA 1,300.00 capital de trabajo incial #DIV/0! #DIV/0! #DIV/0! #DIV/0!
MAQUINARIA B 1,700.00 1 mes sueldo #DIV/0! #DIV/0! #DIV/0! #DIV/0!
TOTAL AÑO 21,700.00 1 mes alquiler #DIV/0! #DIV/0! #DIV/0! #DIV/0!
1 mes servicio #DIV/0! #DIV/0! #DIV/0! #DIV/0!
TOTAL Total #DIV/0! #DIV/0!
maquinaria A y C y edificaciones
Prestamo 21,700.00

DEPRECIACIONES INCISO A
ENTIDAD FINANCIERA bienes valor vida util depreciación valor residual
Plazo 7 muebles y enseres 2,400.00 10 240.00 0
Tasa 17.5% equipo de computaci 7,400.00 4 1,850.00 0
saldo Capítulo amortizaciones interes couta variable 8 - 0
21,700.00 maquinaria B 192,000.00 8 24,000.00 0
18,600.00 3,100.00 3,797.50 6,897.50 8 - 0
15,500.00 3,100.00 3,255.00 6,355.00 herramientas 8,500.00 4 2,125.00 0
12,400.00 3,100.00 2,712.50 5,812.50 edificaciones 470,000.00 40 11,750.00 30 352,500.00
9,300.00 3,100.00 2,170.00 5,270.00 total 680,300.00 39,965.00 352,500.00
6,200.00 3,100.00 1,627.50 4,727.50
3,100.00 3,100.00 1,085.00 4,185.00
- 3,100.00 542.50 3,642.50
- 3,100.00 3,100.00 - 3,100.00
- 6,200.00 3,100.00 - 542.50 2,557.50
- 9,300.00 3,100.00 - 1,085.00 2,015.00
 0 1 2 3 4 5 6 7 8 9 10
Ventas 4,479,410.00 4,736,770.00 5,010,413.00 5,301,410.00 5,610,869.00 5,940,123.00 6,290,468.00 6,663,294.00 7,060,169.00 7,482,718.00
- Costos de ventas. 1,812,850.00 1,916,960.00 2,027,655.00 2,145,368.00 2,270,547.00 2,403,731.00 2,545,444.00 2,696,248.00 2,856,777.00 3,027,688.00
UTILIDAD BRUTA 2,666,560.00 2,819,810.00 2,982,758.00 3,156,042.00 3,340,322.00 3,536,392.00 3,745,024.00 3,967,046.00 4,203,392.00 4,455,030.00
Gastos operativos
- Gastos administrativos 490,400.00 490,400.00 490,400.00 490,400.00 490,400.00 490,400.00 490,400.00 490,400.00 490,400.00 490,400.00
- Gastos comerciales 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00
- Depreciación 87,340.00 87,340.00 87,340.00 87,340.00 87,340.00 87,340.00 87,340.00 87,340.00 87,340.00 87,340.00
UTILIDAD OPERATIVA 1,996,420.00 2,149,670.00 2,312,618.00 2,485,902.00 2,670,182.00 2,866,252.00 3,074,884.00 3,296,906.00 3,533,252.00 3,784,890.00
+ Otros ingresos
- Otros gastos 3,500.00 3,500.00 3,500.00 3,500.00 980.89
UTILIDAD ANTES DE IMPUESTO 1,996,420.00 2,149,670.00 2,312,618.00 2,489,402.00 2,670,182.00 2,869,752.00 3,074,884.00 3,300,406.00 3,536,752.00 3,785,870.89
- I.U.E. - 499,105.00 - 537,417.50 - 578,154.50 - 622,350.50 - 667,545.50 - 717,438.00 - 768,721.00 - 825,101.50 - 884,188.00 - 946,467.72
UTILIDAD NETA 1,497,315.00 1,612,252.50 1,734,463.50 1,867,051.50 2,002,636.50 2,152,314.00 2,306,163.00 2,475,304.50 2,652,564.00 2,839,403.17
+ Depreciación 87,340.00 87,340.00 87,340.00 87,340.00 87,340.00 87,340.00 87,340.00 87,340.00 87,340.00 87,340.00
+ Valor residual 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00
- Inversion - 1,151,700.00
- Prestamo -
- Amortizacion 3,100.00 3,100.00 3,100.00 3,100.00 3,100.00 3,100.00 3,100.00 3,100.00 3,100.00 3,100.00
- Interes 3,797.50 - 5,314.71 - 16,021.55 - 28,602.10 - 43,384.23 - 60,753.24 - 81,161.83 - 105,141.92 - 133,318.53 - 166,426.04
- Incremento del CT - 199,413.50 - 11,452.10 - 12,176.45 - 12,948.43 - 13,769.69 - 14,650.24 - 15,588.43 - 16,588.44 - 17,658.19 - 18,800.21 -
+ Recuperación del CT - - 333,045.68
FLUJO DE CAJA - 1,351,113.50 1,918,805.40 2,042,130.76 2,174,276.62 2,318,623.91 2,468,110.49 2,634,218.81 2,807,476.39 2,999,528.23 3,203,822.32 3,775,614.89

VAN $9,438,536.29 $10,862,778.68

TIR 148% 148%
RBC 6.99 8.04
Tasa de descuento 18% 15%
 0 1 2 3 4 5 6 7 8 9 10
Ventas 4,479,410.00 4,736,770.00 5,010,413.00 5,301,410.00 5,610,869.00 5,940,123.00 6,290,468.00 6,663,294.00 7,060,169.00 7,482,718.00
- Costos de ventas. 1,812,850.00 1,916,960.00 2,027,655.00 2,145,368.00 2,270,547.00 2,403,731.00 2,545,444.00 2,696,248.00 2,856,777.00 3,027,688.00
UTILIDAD BRUTA 2,666,560.00 2,819,810.00 2,982,758.00 3,156,042.00 3,340,322.00 3,536,392.00 3,745,024.00 3,967,046.00 4,203,392.00 4,455,030.00
Gastos operativos
- Gastos administrativos 512,100.00 512,100.00 512,100.00 512,100.00 512,100.00 490,400.00 512,100.00 512,100.00 490,400.00 512,100.00
- Gastos comerciales 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00
- Depreciación 39,965.00 39,965.00 39,965.00 39,965.00 39,965.00 39,965.00 39,965.00 39,965.00 39,965.00 39,965.00
UTILIDAD OPERATIVA 2,022,095.00 2,175,345.00 2,338,293.00 2,511,577.00 2,695,857.00 2,913,627.00 3,100,559.00 3,322,581.00 3,580,627.00 3,810,565.00
+ Otros ingresos
- Otros gastos 3,500.00 3,500.00 3,500.00 3,500.00 980.98
UTILIDAD ANTES DE IMPUE 2,022,095.00 2,175,345.00 2,338,293.00 2,515,077.00 2,695,857.00 2,917,127.00 3,100,559.00 3,326,081.00 3,584,127.00 3,811,545.98
- I.U.E. - 505,523.75 - 543,836.25 - 584,573.25 - 628,769.25 - 673,964.25 - 729,281.75 - 775,139.75 - 831,520.25 - 896,031.75 - 952,886.50
UTILIDAD NETA 1,516,571.25 1,631,508.75 1,753,719.75 1,886,307.75 2,021,892.75 2,187,845.25 2,325,419.25 2,494,560.75 2,688,095.25 2,858,659.49
+ Depreciación 39,965.00 39,965.00 39,965.00 39,965.00 39,965.00 39,965.00 39,965.00 39,965.00 39,965.00 39,965.00
+ Valor residual 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00
- Inversion -
- Prestamo 21,700.00
- Amortizacion 52,069.76 61,181.97 71,888.81 84,469.36 99,251.49 116,620.50 137,029.09 161,009.18 189,185.79 222,293.30
- Interes 3,797.50 - 5,314.71 - 16,021.55 - 28,602.10 - 43,384.23 - 60,753.24 - 81,161.83 - 105,141.92 - 133,318.53 - 166,426.04
- Incremento del CT - 199,413.50 - 11,452.10 - 12,176.45 - 12,948.43 - 13,769.69 - 14,650.24 - 15,588.43 - 16,588.44 - 17,658.19 - 18,800.21 -
+ Recuperación del CT - - 333,045.68
FLUJO DE CAJA -221113.50 1841716.89 1955930.04 2077369.06 2209135.80 2343840.25 2508854.56 2645428.55 2813500.30 3005892.78 3528302.90

VAN $10,032,848.46
TIR 839%
RBC 45.37
Tasa de descuento 18%
 0 1 2 3 4 5 6 7 8 9 10
Ventas 4,479,410.00 4,736,770.00 5,010,413.00 5,301,410.00 5,610,869.00 5,940,123.00 6,290,468.00 6,663,294.00 7,060,169.00 7,482,718.00
- Costos de ventas. 1,812,850.00 1,916,960.00 2,027,655.00 2,145,368.00 2,270,547.00 2,403,731.00 2,545,444.00 2,696,248.00 2,856,777.00 3,027,688.00
UTILIDAD BRUTA 2,666,560.00 2,819,810.00 2,982,758.00 3,156,042.00 3,340,322.00 3,536,392.00 3,745,024.00 3,967,046.00 4,203,392.00 4,455,030.00
Gastos operativos
- Gastos administrativos 512,100.00 512,100.00 512,100.00 512,100.00 512,100.00 490,400.00 512,100.00 512,100.00 490,400.00 512,100.00
- Gastos comerciales 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00 92,400.00
- Depreciación
UTILIDAD OPERATIVA 2,062,060.00 2,215,310.00 2,378,258.00 2,551,542.00 2,735,822.00 2,953,592.00 3,140,524.00 3,362,546.00 3,620,592.00 3,850,530.00
+ Otros ingresos
- Otros gastos 3,500.00 3,500.00 3,500.00 3,500.00 980.98
UTILIDAD ANTES DE 2,062,060.00 2,215,310.00 2,378,258.00 2,555,042.00 2,735,822.00 2,957,092.00 3,140,524.00 3,366,046.00 3,624,092.00 3,851,510.98
- I.U.E. - 515,515.00 - 553,827.50 - 594,564.50 - 638,760.50 - 683,955.50 - 739,273.00 - 785,131.00 - 841,511.50 - 906,023.00 - 962,877.75
UTILIDAD NETA 1,546,545.00 1,661,482.50 1,783,693.50 1,916,281.50 2,051,866.50 2,217,819.00 2,355,393.00 2,524,534.50 2,718,069.00 2,888,633.24
+ Depreciación - - - - - - - - -
+ Valor residual 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00 352,500.00
- Inversion -
- Prestamo 21,700.00
- Amortizacion 52,069.76 61,181.97 71,888.81 84,469.36 99,251.49 116,620.50 137,029.09 161,009.18 189,185.79 222,293.30
- Interes 3,797.50 3,255.00 2,712.50 2,170.00 1,627.50 1,085.00 542.50 - - 542.50 - 1,085.00
- Incremento d - 199,413.50 - 11,452.10 - 12,176.45 - 12,948.43 - 13,769.69 - 14,650.24 - 15,588.43 - 16,588.44 - 17,658.19 - 18,800.21 -
+ Recuperación del CT - - 333,045.68
FLUJO DE CAJA -221113.50 1831725.64 1937369.08 2048643.76 2168372.45 2288837.27 2437025.07 2553732.97 2698367.13 2863125.50 3352970.61

VAN $9,796,789.62
TIR 834%
RBC 44.31
Tasa de desc18%