0 1 2 3 4

Ingresos Operativos
Produccion 10,000 10,000 10,000 10,000
Incremento Producción 0% 0% 0% 0%
Produccion 0 10,000 10,000 10,000 10,000
Precio 100 100 100 100
Incremento Precio $ - $ - $ - $ -
% 0% 0% 0% 0%
Precio 1 0 100 100 100 100

Ingresos No Operativos
IF $ - $ - $ - $ - $ -
Maquinaria $ - $ - $ - $ - $ -
Total Otros $ - $ - $ - $ - $ -
 5 6 7 8 9 10

10,000 10,000 10,000 10,000 10,000 10,000

0% 0% 100% 100% 100% 100%
10,000 10,000 20,000 20,000 20,000 20,000
100 100 100 100 100 100
$ - $ - $ - $ - $ - $ -
0% 0% 0% 0% 0% 0%
100 100 100 100 100 100

$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $ - $ - $ -
 0 1 2 3
EGRESOS
Costos Fijos $ $ 200,000 $ 200,000 $ 200,000
Incremento CF $ $ - $ - $ -
% 0% 0% 0%
Costos Fijos 1 $ - $ 200,000 $ 200,000 $ 200,000

Costos Variables
Costo Mano de Obra $/U $ 6.60 $ 6.60 $ 6.60
MOD $ $ 66,000 $ 66,000 $ 66,000
Materiales $ 8.20 $ 8.20 $ 8.20
Descuento 0% 0% 0%
MATD $ $ 82,000 $ 82,000 $ 82,000
Costos Indirectos $ 4.40 $ 4.40 $ 4.40
CIF $ $ 44,000 $ 44,000 $ 44,000
Gastos de ventas fijos $ - $ - $ -
Gastos de ventas variables 0% 0% 0%
Total gastos de ventas $ - $ - $ -

Gastos de Administracion $ 150,000 $ 150,000 $ 150,000

Incremento $ $ - $ - $ -
% 0% 0% 0%
Gastos Fijos Administración 1 $ - $ 150,000 $ 150,000 $ 150,000

TOTAL EGRESOS $ 542,000 $ 542,000 $ 542,000

 4 5 6 7 8 9

$ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000

$ - $ - $ - $ - $ - $ -
0% 0% 0% 0% 0% 0%
$ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000

$ 6.60 $ 6.60 $ 6.60 $ 6.60 $ 6.60 $ 6.60

$ 66,000 $ 66,000 $ 66,000 $ 132,000 $ 132,000 $ 132,000
$ 8.20 $ 8.20 $ 8.20 $ 8.20 $ 8.20 $ 8.20
0% 0% 0% 0% 0% 0%
$ 82,000 $ 82,000 $ 82,000 $ 164,000 $ 164,000 $ 164,000
$ 4.40 $ 4.40 $ 4.40 $ 4.40 $ 4.40 $ 4.40
$ 44,000 $ 44,000 $ 44,000 $ 88,000 $ 88,000 $ 88,000
$ - $ - $ - $ - $ - $ -
0% 0% 0% 0% 0% 0%
$ - $ - $ - $ - $ - $ -

$ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000

$ - $ - $ - $ 120,000 $ 120,000 $ 120,000
0% 0% 0% 0% 0% 0%
$ 150,000 $ 150,000 $ 150,000 $ 270,000 $ 270,000 $ 270,000

$ 542,000 $ 542,000 $ 542,000 $ 854,000 $ 854,000 $ 854,000

 10

$ 200,000
$ -
0%
$ 200,000

$ 6.60
$ 132,000
$ 8.20
0%
$ 164,000
$ 4.40
$ 88,000
$ -
0%
$ -

$ 150,000
$ 120,000
0%
$ 270,000

$ 854,000
 Activos Valor Activo Valor a depreciar
Terrenos
Obras fisicas 1 - -
Obras fisicas 2 - -
Maqunaria 1 80,000.00 65,000.00
Maquinaria 2 - -

METODO LINEA RECTA

Periodo 0 1
Obras fisicas 1 - -
Obras fisicas 2 -
Maqunaria 1 6,500
Maquinaria 2 -
0 -
0

METODO DE SUMA DE DIGITOS

Suma Dig Periodo 0 1
15 Obras fisicas 1 -
10 Obras fisicas 2 -
55 Maqunaria 1 650,000.00
6 Maquinaria 2 -
-
-

METODO DE REDUCCION DE SALDOS

Tasa Depr Periodo 0 1
#DIV/0! Obras fisicas 1 - #DIV/0!
#DIV/0! Obras fisicas 2 #DIV/0!
0.15413681 Maqunaria 1 12,330.94
#DIV/0! Maquinaria 2 #DIV/0!
#DIV/0! 0 -

METODO DE UNIDADES PRODUCIDAS

Costo Depr Periodo 0 1
Obras fisicas 1
Obras fisicas 2
Maqunaria 1
Maquinaria 2
0
 HALLAR VALOR EN LIBROS
Costo Depr Inversiones Valor activo Depreciacion Acumulada
Obras fisicas 1 1400000 1260000
Obras fisicas 2 600000 216000
Equipos 1 600000 540000
Equipos 2 700000 252000
Terreno 1000000 0
Estudios 100000 100000
Total Vr Libros
Periodosa a depreciar Valor de salvamento

5 -
4 -
10 15,000.00
3 -

2 3 4 5
- - - -
- - - -
6,500 6,500 6,500 6,500
- - - -
- - - -

2 3 4 5
- - - -
- - - -
325,000.00 216,666.67 162,500.00 130,000.00
- - - -
- - - -
- - - -

2 3 4 5
#DIV/0! #DIV/0! #DIV/0! #DIV/0!
#DIV/0! #DIV/0! #DIV/0! -
10,430.29 8,822.60 7,462.71 6,312.43
#DIV/0! #DIV/0! - -
- - - -

2 3 4 5
Valor en libros
140000
384000
60000
448000
1000000
0
2032000
 6 7 8 9 10
- - - - -
- - - - -
6,500 6,500 6,500 6,500 6,500
- - - - -
- - - - -

6 7 8 9 10
- - - - -
- - - - -
108,333.33 92,857.14 81,250.00 72,222.22 65,000.00
- - - - -
- - - - -
- - - - -

6 7 8 9 10
- - - - -
- - - - -
5,339.46 4,516.45 3,820.30 3,231.45 2,733.36
- - - - -
- - - - -

6 7 8 9 10
Gradiente 333.903417
Tasa 15.32% EA Gradiente Aritmetico Decrec
PERIODO 0 1 2 3
CUOTA 15,000 14,666 14,332
AMORTIZACION A CAPITAL 7,648 8,486 9,451
PAGO INTERES 7,352 6,180 4,881
SALDO 48,000 40,352 31,866 22,415

Tasa 14% ATA

Tasa 3.50% TA
Tasa 3.63% TV
ente Aritmetico Decreciente
4 5 6 7 8 9 10
13,998 13,664
10,565 11,849 15,500
3,433 1,815
11,849 - 15,000

14,500

14,000

13,500

13,000

12,500
0 1 2 3 4 5 6 7
 Row 5

3 4 5 6 7 8
 Numero de Periodos 0 1 2
Ventas - 10,000.00 10,000.00
Precio - 100.00 100.00
Ingresos Operacionales - 1,000,000.00 1,000,000.00
Ingresos no Operacionales - - -
TOTAL INGRESOS - 1,000,000.00 1,000,000.00
TOTAL EGRESOS - 542,000.00 542,000.00
UTILIDAD BRUTA - 458,000.00 458,000.00
- Depreciaciones
Maquinaria 1 54,000.00 54,000.00
Maquinaria 2
Obras fisicas 1 126,000.00 126,000.00
Obras fisicas 2
TOTAL DEPRECIACIONES 180,000.00 180,000.00
- Amortizacion a diferidos 20,000.00 20,000.00
TOTAL AMORTIZACIONES - 20,000.00 20,000.00
- Valor en Libros
UAII - 258,000.00 258,000.00
- Intereses - 7,351.83 6,180.41
UAI - 250,648.17 251,819.59
- Impuestos - 82,713.90 83,100.46
UTILIDAD NETA - 167,934.27 168,719.12
+ Depreciaciones - 180,000.00 180,000.00
+ Amortizacion - 20,000.00 20,000.00
+ Valor en Libros - - -
+ Ingresos por Prestamos 48,000.00
- Amortizacion a capital - 7,648.17 8,485.68
Terreno 1,000,000.00
Obras fisicas 1 1,400,000.00
Obras fisicas 2
Maquinaria 1 600,000.00
Maquinaria 2
Estudios de factibilidad 100,000.00
- Total Inversiones 3,100,000.00 - -
- Capital de Trabajo
FCI (3,052,000.00) 360,286.10 360,233.44

TIO 18% EA
VPN (1,355,387.34)
TIR 6%

RBC
Periodos 0 1 2
Ingresos 48,000 1,000,000 1,000,000
Egresos 3,100,000.00 639,713.90 639,766.56
VP Ingresos 5,538,570.03
VP Egresos 6,893,957.37
RBC 0.8034
Prueba (1,355,387.34)

IR
VP Flujo de Caja 1,696,613
Inversion 3,052,000
IR 0.5559
Prueba (1,355,387)

CAUE (301,593.53)

PRI
Periodos 0 1 2
VPN acumulado en T (3,052,000) (2,746,672.79) (2,487,958.75)

IRVA
Periodo 0 1 2
Inversion x recuperar (3,052,000) (3,241,074)
Costos capital invertido (549,360) (583,393)
Amortizacion del a
inversion y valor (189,074) (223,160)
FCP 360,286 360,233
Inversion por recuperar al
final del periodo (3,052,000) (3,241,074) (3,464,234)
Tasa de descuento 18% 18% 18%
VPN acumulado en t o PRI (3,052,000) (2,746,673) (2,487,959)
 3 4 5 6 7
10,000.00 10,000.00 10,000.00 10,000.00 20,000.00
100.00 100.00 100.00 100.00 100.00
1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00 2,000,000.00
- - - - -
1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00 2,000,000.00
542,000.00 542,000.00 542,000.00 542,000.00 854,000.00
458,000.00 458,000.00 458,000.00 458,000.00 1,146,000.00

54,000.00 54,000.00 54,000.00 54,000.00 54,000.00

63,000.00
126,000.00 126,000.00 126,000.00 126,000.00 126,000.00
54,000.00
180,000.00 180,000.00 180,000.00 180,000.00 297,000.00
20,000.00 20,000.00 20,000.00
20,000.00 20,000.00 20,000.00 - -

258,000.00 258,000.00 258,000.00 278,000.00 849,000.00

4,880.72 3,433.10 1,814.90 - -
253,119.28 254,566.90 256,185.10 278,000.00 849,000.00
83,529.36 84,007.08 84,541.08 91,740.00 280,170.00
169,589.92 170,559.82 171,644.01 186,260.00 568,830.00
180,000.00 180,000.00 180,000.00 180,000.00 297,000.00
20,000.00 20,000.00 20,000.00 - -
- - - - -

9,451.47 10,565.19 11,849.48 - -

600,000.00

700,000.00

- - - 1,300,000.00 -

360,138.44 359,994.63 359,794.53 (933,740.00) 865,830.00

3 4 5 6 7
 1,000,000 1,000,000 1,000,000 1,000,000 2,000,000
639,861.56 640,005.37 640,205.47 1,933,740.00 1,134,170.00

3 4 5 6 7
(2,268,767.37) (2,083,086.14) (1,925,816.64) (2,271,703.38) (1,999,897.67)

3 4 5 6 7
(3,464,234) (3,727,657) (4,038,641) (4,405,802) (6,132,586)
(623,562) (670,978) (726,955) (793,044) (1,103,866)

(263,424) (310,984) (367,161) (1,726,784) (238,036)

360,138 359,995 359,795 (933,740) 865,830

(3,727,657) (4,038,641) (4,405,802) (6,132,586) (6,370,622)

18% 18% 18% 18% 18%
(2,268,767) (2,083,086) (1,925,817) (2,271,703) (1,999,898)
 8 9 10
20,000.00 20,000.00 20,000.00
100.00 100.00 100.00
2,000,000.00 2,000,000.00 2,000,000.00
- - -
2,000,000.00 2,000,000.00 2,000,000.00
854,000.00 854,000.00 854,000.00
1,146,000.00 1,146,000.00 1,146,000.00

54,000.00 54,000.00 54,000.00

63,000.00 63,000.00 63,000.00
126,000.00 126,000.00 126,000.00
54,000.00 54,000.00 54,000.00
297,000.00 297,000.00 297,000.00

- - -
2,032,000.00
849,000.00 849,000.00 (1,183,000.00)
- - -
849,000.00 849,000.00 (1,183,000.00)
280,170.00 280,170.00 -
568,830.00 568,830.00 (1,183,000.00)
297,000.00 297,000.00 297,000.00
- - -
- - 2,032,000.00

- - -

- - -

865,830.00 865,830.00 1,146,000.00

8 9 10
 2,000,000 2,000,000 2,000,000
1,134,170.00 1,134,170.00 854,000.00

8 9 10
(1,769,553.85) (1,574,347.22) (1,355,387.34)

8 9 10
(6,370,622) (6,651,504) (6,982,944)
(1,146,712) (1,197,271) (1,256,930)

(280,882) (331,441) (110,930)

865,830 865,830 1,146,000

(6,651,504) (6,982,944) (7,093,874)

18% 18% 18%
(1,769,554) (1,574,347) (1,355,387)
 Rubros en rojo no entran en el FCP

Numero de Periodos 0 1 2
Ventas 0 10,000 10,000
Precio 0 100 100
Ingresos Operacionales 0 1000000 1000000
Ingresos no Operacionales 0 0 0
TOTAL INGRESOS 0 1000000 1000000
TOTAL EGRESOS 0 542000 542000
UTILIDAD BRUTA 0 458000 458000
- Depreciaciones
Maquinaria 1 54000 54000
Maquinaria 2
Obras fisicas 1 126000 126000
Obras fisicas 2
TOTAL DEPRECIACIONES 180000 180000
- Amortizacion a diferidos 20000 20000
TOTAL AMORTIZACIONES 0 20000 20000
- Valor en Libros
UAII 0 258000 258000
- Intereses - - -
UAI - 258,000 258,000
- Impuestos - 85,140.00 85,140.00
UTILIDAD NETA - 172,860 172,860
+ Depreciaciones - 180,000 180,000
+ Amortizacion - 20,000 20,000
+ Valor en Libros - - -
+ Ingresos por Prestamos -
- Amortizacion a capital - - -
Terreno 1000000
Obras fisicas 1 1400000
Obras fisicas 2
Maquinaria 1 600000
Maquinaria 2
Estudios de factibilidad 100000
- Total Inversiones 3100000 0 0
- Capital de Trabajo
FCI (3,100,000) 372,860 372,860

TIO 18% EA
VPN (1,363,573.71)
TIR 6%

RBC
Periodos 0 1 2
Ingresos - 1,000,000 1,000,000
Egresos 3,100,000.00 627,140.00 627,140.00
VP Ingresos 5,490,570.03
VP Egresos 6,854,143.74
RBC 0.8011
Prueba (1,363,573.71)

IR
VP Flujo de Caja 1,736,426
Inversion 3,100,000
IR 0.5601
Prueba (1,363,574)

CAUE (303,415.12)

PRI
Periodos 0 1 2
VPN acumulado en T (3,100,000) (2,784,016.95) (2,516,234.70)

IRVA
Periodo 0 1 2
Inversion x recuperar (3,100,000) (3,285,140)
Costos capital invertido (558,000) (591,325)
Amortizacion del a
inversion y valor (185,140) (218,465)
FCP 372,860 372,860
Inversion por recuperar al
final del periodo (3,100,000) (3,285,140) (3,503,605)
Tasa de descuento 18% 18% 18%
VPN acumulado en t o PRI (3,100,000) (2,784,017) (2,516,235)
 3 4 5 6 7 8
10,000 10,000 10,000 10,000 20,000 20,000
100 100 100 100 100 100
1000000 1000000 1000000 1000000 2000000 2000000
0 0 0 0 0 0
1000000 1000000 1000000 1000000 2000000 2000000
542000 542000 542000 542000 854000 854000
458000 458000 458000 458000 1146000 1146000

54000 54000 54000 54000 54000 54000

63000 63000
126000 126000 126000 126000 126000 126000
54000 54000
180000 180000 180000 180000 297000 297000
20000 20000 20000
20000 20000 20000 0 0 0

258000 258000 258000 278000 849000 849000

- - - - - -
258,000 258,000 258,000 278,000 849,000 849,000
85,140.00 85,140.00 85,140.00 91,740.00 280,170.00 280,170.00
172,860 172,860 172,860 186,260 568,830 568,830
180,000 180,000 180,000 180,000 297,000 297,000
20,000 20,000 20,000 - - -
- - - - - -

- - - - - -

600000

700000

0 0 0 1300000 0 0

372,860 372,860 372,860 (933,740) 865,830 865,830

 3 4 5 6 7 8
1,000,000 1,000,000 1,000,000 1,000,000 2,000,000 2,000,000
627,140.00 627,140.00 627,140.00 1,933,740.00 1,134,170.00 1,134,170.00

3 4 5 6 7 8
(2,289,300.60) (2,096,983.56) (1,934,003.01) (2,279,889.76) (2,008,084.05) (1,777,740.22)

3 4 5 6 7 8
(3,503,605) (3,761,394) (4,065,585) (4,424,530) (6,154,686) (6,396,699)
(630,649) (677,051) (731,805) (796,415) (1,107,843) (1,151,406)

(257,789) (304,191) (358,945) (1,730,155) (242,013) (285,576)

372,860 372,860 372,860 (933,740) 865,830 865,830

(3,761,394) (4,065,585) (4,424,530) (6,154,686) (6,396,699) (6,682,275)

18% 18% 18% 18% 18% 18%
(2,289,301) (2,096,984) (1,934,003) (2,279,890) (2,008,084) (1,777,740)
 9 10
20,000 20,000
100 100
2000000 2000000
0 0
2000000 2000000
854000 854000
1146000 1146000

54000 54000
63000 63000
126000 126000
54000 54000
297000 297000

0 0
2032000
849000 -1183000
- -
849,000 (1,183,000)
280,170.00 -
568,830 (1,183,000)
297,000 297,000
- -
- 2,032,000

- -

0 0

865,830 1,146,000
 9 10
2,000,000 2,000,000
1,134,170.00 854,000.00

9 10
(1,582,533.59) (1,363,573.71)

9 10
(6,682,275) (7,019,255)
(1,202,810) (1,263,466)

(336,980) (117,466)
865,830 1,146,000

(7,019,255) (7,136,721)
18% 18%
(1,582,534) (1,363,574)