Académique Documents
Professionnel Documents
Culture Documents
AO 0
AO 1
AO 2
FEN
0.25
500
P
0.4
FEN
600
0.6
200
0.3
1500
0.5
1000
0.2
500
0.4
100
0.6
-100
tasa kd
5%
Inversin
-1000
0.5
0.25
1000
250
del proyecto siempre y cuando la probabilidad de convenienvia del proyecto sea de 65%?
rbol en la rama 2 para que se acepte el proyecto? Asuma una inversion de 1000 en el ao 0
AO 3
VALOR AB ao 0
45
V.ACT AB ao 3
$ 38.87
P
1
FEN
400
-510.0727848654
0.25
450
RAMA 3
0.75
200
RAMA 4
0.4
500
RAMA 5
0.6
250
RAMA 6
0.5
300
RAMA 7
0.5
150
RAMA 8
350
RAMA 9
-100
RAMA 10
RAMA 1
b)
RAMA 2
PROB CON
VAN REAL
0.1
$ 404.82
$ 40.48
185.9362539979
0.15
-$ 744.15
-$ 111.62
183434.49016664
0.0375
$ 1,740.52
$ 65.27
71293.8749510742
0.1125
$ 1,524.57
$ 171.51
152129.947826494
0.1
$ 1,330.20
$ 133.02
93800.4557203876
0.15
$ 1,114.24
$ 167.14
84949.0377167895
0.05
$ 703.92
$ 35.20
5855.8665526987
0.05
$ 574.34
$ 28.72
2260.9682708862
0.1
-$ 329.99
-$ 33.00
47842.3340262343
0.15
-$ 900.12
-$ 135.02
238826.316559803
Van esp
Desv estandar
361.6955683146
938.3918307642
880579.228045005
p(van>0)
65%
Van esp
$ 361.70
VAN NETO
$ 365.94
-$ 783.02
$ 1,701.65
$ 1,485.69
$ 1,291.33
$ 1,075.37
$ 665.05
$ 535.47
-$ 368.86
-$ 938.99
50,000.00
27,850.00
Propuesta B
65,000.00
36,205.00
Propuesta C
47,000.00
26,179.00
10%
Propuesta A
A
0
1
2
3
flujo
-50000
27,850.00
27,850.00
27,850.00
Flujo acumu
0
27,850.00
55,700.00
83,550.00
27,850.00
111,400.00
C
0
1
2
3
4
flujo
-47000
26179
26179
26179
26179
Tasa Fisher
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
10%
11%
12%
flujo acum
0
26179
52358
78537
104716
Vna A
61,400.00
58,669.74
56,045.24
53,521.19
51,092.58
48,754.72
46,503.19
44,333.83
42,242.73
40,226.20
38,280.75
36,403.11
34,590.18
Vna B
79,820.00
76,270.66
72,858.82
69,577.55
66,420.36
63,381.14
60,454.15
57,633.98
54,915.55
52,294.06
49,764.98
47,324.05
44,967.23
13%
14%
15%
16%
17%
18%
19%
20%
21%
22%
23%
24%
25%
26%
27%
28%
29%
30%
31%
32%
33%
34%
35%
36%
37%
38%
39%
40%
41%
42%
43%
44%
45%
46%
47%
48%
49%
50%
51%
52%
53%
32,839.03
31,146.89
29,511.15
27,929.33
26,399.10
24,918.22
23,484.61
22,096.26
20,751.28
19,447.89
18,184.37
16,959.11
15,770.56
14,617.27
13,497.84
12,410.95
11,355.34
10,329.80
9,333.20
8,364.43
7,422.46
6,506.30
5,615.00
4,747.65
3,903.39
3,081.38
2,280.85
1,501.04
741.22
0.70
721.17
1,425.05
2,111.52
2,781.18
3,434.58
4,072.25
4,694.72
5,302.47
5,895.98
6,475.69
7,042.06
42,690.73
40,490.95
38,364.49
36,308.13
34,318.82
32,393.69
30,529.99
28,725.14
26,976.67
25,282.25
23,639.68
22,046.84
20,501.73
19,002.45
17,547.19
16,134.24
14,761.94
13,428.74
12,133.16
10,873.76
9,649.20
8,458.19
7,299.50
6,171.94
5,074.40
4,005.80
2,965.11
1,951.35
963.59
0.92
937.53
1,852.56
2,744.97
3,615.53
4,464.95
5,293.93
6,103.13
6,893.21
7,664.77
8,418.40
9,154.67
54%
55%
56%
57%
58%
59%
60%
61%
62%
63%
64%
65%
66%
67%
68%
69%
70%
71%
72%
73%
74%
75%
76%
77%
78%
79%
80%
81%
82%
83%
84%
85%
86%
87%
88%
89%
90%
91%
92%
93%
94%
7,595.49
8,136.39
8,665.14
9,182.12
9,687.69
10,182.19
10,665.95
11,139.30
11,602.53
12,055.96
12,499.85
12,934.49
13,360.14
13,777.06
14,185.49
14,585.68
14,977.84
15,362.21
15,739.00
16,108.42
16,470.65
16,825.91
17,174.36
17,516.20
17,851.60
18,180.72
18,503.73
18,820.79
19,132.05
19,437.65
19,737.75
20,032.47
20,321.95
20,606.32
20,885.72
21,160.25
21,430.03
21,695.19
21,955.84
22,212.07
22,464.00
9,874.13
10,577.30
11,264.68
11,936.76
12,594.00
13,236.85
13,865.74
14,481.09
15,083.30
15,672.74
16,249.80
16,814.83
17,368.18
17,910.18
18,441.14
18,961.38
19,471.20
19,970.88
20,460.70
20,940.94
21,411.85
21,873.68
22,326.67
22,771.06
23,207.08
23,634.94
24,054.85
24,467.03
24,871.66
25,268.95
25,659.07
26,042.21
26,418.53
26,788.22
27,151.43
27,508.32
27,859.04
28,203.75
28,542.59
28,875.69
29,203.20
95%
96%
97%
98%
99%
100%
22,711.72
22,955.34
23,194.95
23,430.64
23,662.50
23,890.63
29,525.24
29,841.94
30,153.43
30,459.83
30,761.25
31,057.81
TIR
27,850.00
###
27,850.00
42%
36,205.00
###
36,205.00
42%
26,179.00
###
26,179.00
42%
Payback
11/8/2015
B
0
1
2
3
flujo
-65000
36205
36205
36205
36205
1.80
21.54
meses
payback
1.80
21.54
11/8/2015
Tuesday, August 08, 2017
meses
Vna C
57,716.00
55,149.56
52,682.53
50,309.92
48,027.03
45,829.44
43,713.00
41,673.80
39,708.17
37,812.63
35,983.91
34,218.93
32,514.77
Tasa Fisher
100,000.00
80,000.00
60,000.00
40,000.00
20,000.00
-
80,000.00
60,000.00
30,868.68
29,278.07
27,740.48
26,253.57
24,815.15
23,423.13
22,075.53
20,770.48
19,506.21
18,281.01
17,093.31
15,941.56
14,824.33
13,740.23
12,687.97
11,666.29
10,674.02
9,710.01
8,773.21
7,862.57
6,977.12
6,115.92
5,278.10
4,462.79
3,669.18
2,896.50
2,144.00
1,410.98
696.75
0.66
677.90
1,339.54
1,984.83
2,614.31
3,228.50
3,827.92
4,413.04
4,984.32
5,542.22
6,087.15
6,619.53
40,000.00
20,000.00
-
0%
20%
40%
60%
Vna A
Vna B
Vna C
(20,000.00)
(40,000.00)
7,139.76
7,648.20
8,145.23
8,631.20
9,106.43
9,571.26
10,026.00
10,470.94
10,906.38
11,332.60
11,749.86
12,158.42
12,558.53
12,950.43
13,334.36
13,710.54
14,079.17
14,440.48
14,794.66
15,141.91
15,482.41
15,816.35
16,143.90
16,465.23
16,780.50
17,089.88
17,393.51
17,691.54
17,984.13
18,271.39
18,553.48
18,830.52
19,102.63
19,369.94
19,632.57
19,890.63
20,144.23
20,393.48
20,638.49
20,879.35
21,116.16
21,349.02
21,578.02
21,803.25
22,024.80
22,242.75
22,457.19
Vna
Payback
0.00
1.80
0.00
1.80
0.00
1.80
r/
Flujo acumu
0
36205
72410
108615
payback
1.80
21.54
11/8/2015
144820
meses
e baso en el payback, tampoco obtengo una solucin concreta, por tanto lo intentar usando fisher
Tasa Fisher
42%
Vna A
Vna B
Vna C
$0
$0
$0
Vna A - Vna b
-$ 0.00
Tasa Fisher
vna a
20%
40%
60%
80%
Vna A
Vna B
Vna C
Tasa Fisher
100%
120%
ME BASO EN LA TIR, NO TENGO CONCLUSIN EXACTA NI CORRECTA, YA QUE ME DECLARO INDIFERENTE BAJO ESE CRITERIO, PERO PUEDO
JO ESE CRITERIO, PERO PUEDO TENER ALGUNA RESPUESTA USANDO LAS HERRAMIENTAS FINANCIERAS PERTINENTES
Tasa de descuento
Inversin
Depreciacin
Impuesto a la rta
Precio
12%
-32000000
4 aos
34%
400
Costo mo
Costo energia
Inflacin
Produccin
Insumos mano de obra
Insumos energa
1
15.3
5.15
5%
100000
2000000
200000
Ao 0
(+)Ingreso
(-)Mano de obra
(-)Energa
(-)Depreciacin
EBIT
(-)Imp. A la rta
Ganancia NETA
Inversin
-32000000
Van proyecto
$ 49,123,676.35
Inversin
-32000000
Fijo
2
15.606
5.3045
3
15.91812
5.463635
4
16.2364824
5.62754405
200000
2000000
200000
200000
2000000
200000
150000
2000000
200000
Ao 1
40000000
30600000
1030000
8000000
370000
125800
8244200
Ao 2
80000000
31212000
1060900
8000000
39727100
13507214
34219886
Ao 3
80000000
31836240
1092727
8000000
39071033
13284151.22
33786882
5
16.561212048
5.7963703715
150000
2000000
200000
Ao 4
60000000
32472965
1125509
8000000
18401526
6256518.9726
20145007
Ao 5
60000000
33122424
1159274
25718302
8744222.622098
16974079
kd
10%
Proyecto a
0
-$ 60,000
1
$ 30,851
2
$ 30,851
Proyecto b
-$ 80,000
$ 41,135
$ 41,135
Proyecto c
-$ 70,000
$ 35,993
$ 35,993
a
0
1
2
3
4
Ir=va/i
Payback
Flujo
-60000
$ 30,851
$ 30,851
$ 30,851
$ 30,851
1.63
1.94
Flujo Acum
0
$ 30,851
$ 61,702
$ 92,553
$ 123,404
Tasa
0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
Vna a
$ 63,404
$ 60,380
$ 57,472
$ 54,676
$ 51,986
$ 49,396
$ 46,902
$ 44,499
$ 42,182
$ 39,949
Vna b
$ 84,540
$ 80,507
$ 76,631
$ 72,903
$ 69,316
$ 65,863
$ 62,537
$ 59,333
$ 56,244
$ 53,266
Vna C
$ 73,972
$ 70,443
$ 67,052
$ 63,790
$ 60,651
$ 57,629
$ 54,720
$ 51,916
$ 49,213
$ 46,607
10%
11%
12%
13%
14%
15%
16%
17%
18%
19%
20%
21%
22%
23%
24%
25%
26%
27%
28%
29%
30%
31%
32%
33%
34%
35%
36%
37%
38%
39%
40%
41%
42%
43%
44%
45%
46%
47%
48%
49%
50%
$ 37,794
$ 35,714
$ 33,705
$ 31,765
$ 29,891
$ 28,079
$ 26,327
$ 24,632
$ 22,991
$ 21,403
$ 19,865
$ 18,375
$ 16,931
$ 15,532
$ 14,174
$ 12,858
$ 11,580
$ 10,340
$ 9,136
$ 7,967
$ 6,831
$ 5,727
$ 4,654
$ 3,610
$ 2,595
$ 1,608
$ 647
-$ 288
-$ 1,199
-$ 2,086
-$ 2,949
-$ 3,791
-$ 4,611
-$ 5,411
-$ 6,191
-$ 6,951
-$ 7,693
-$ 8,417
-$ 9,123
-$ 9,813
-$ 10,486
$ 50,392
$ 47,619
$ 44,941
$ 42,355
$ 39,856
$ 37,440
$ 35,103
$ 32,843
$ 30,656
$ 28,538
$ 26,488
$ 24,501
$ 22,576
$ 20,710
$ 18,900
$ 17,144
$ 15,441
$ 13,788
$ 12,182
$ 10,623
$ 9,108
$ 7,636
$ 6,205
$ 4,814
$ 3,461
$ 2,144
$ 863
-$ 384
-$ 1,598
-$ 2,780
-$ 3,932
-$ 5,054
-$ 6,148
-$ 7,214
-$ 8,254
-$ 9,268
-$ 10,257
-$ 11,222
-$ 12,164
-$ 13,083
-$ 13,981
$ 44,093
$ 41,666
$ 39,323
$ 37,060
$ 34,873
$ 32,759
$ 30,715
$ 28,737
$ 26,823
$ 24,971
$ 23,176
$ 21,438
$ 19,754
$ 18,121
$ 16,537
$ 15,001
$ 13,511
$ 12,064
$ 10,659
$ 9,295
$ 7,970
$ 6,681
$ 5,429
$ 4,212
$ 3,028
$ 1,876
$ 755
-$ 336
-$ 1,398
-$ 2,433
-$ 3,441
-$ 4,423
-$ 5,380
-$ 6,313
-$ 7,222
-$ 8,110
-$ 8,975
-$ 9,819
-$ 10,644
-$ 11,448
-$ 12,233
51%
52%
53%
54%
55%
56%
57%
58%
59%
60%
61%
62%
63%
64%
65%
66%
67%
68%
69%
70%
71%
72%
73%
74%
75%
76%
77%
78%
79%
80%
81%
82%
83%
84%
85%
86%
87%
88%
89%
90%
91%
-$ 11,144
-$ 11,786
-$ 12,413
-$ 13,026
-$ 13,625
-$ 14,211
-$ 14,784
-$ 15,344
-$ 15,892
-$ 16,427
-$ 16,952
-$ 17,465
-$ 17,967
-$ 18,459
-$ 18,940
-$ 19,412
-$ 19,874
-$ 20,326
-$ 20,770
-$ 21,204
-$ 21,630
-$ 22,047
-$ 22,456
-$ 22,858
-$ 23,251
-$ 23,637
-$ 24,016
-$ 24,387
-$ 24,752
-$ 25,110
-$ 25,461
-$ 25,806
-$ 26,144
-$ 26,477
-$ 26,803
-$ 27,124
-$ 27,439
-$ 27,748
-$ 28,053
-$ 28,351
-$ 28,645
-$ 14,857
-$ 15,714
-$ 16,550
-$ 17,368
-$ 18,167
-$ 18,948
-$ 19,711
-$ 20,458
-$ 21,188
-$ 21,903
-$ 22,602
-$ 23,286
-$ 23,956
-$ 24,612
-$ 25,254
-$ 25,882
-$ 26,498
-$ 27,101
-$ 27,692
-$ 28,272
-$ 28,839
-$ 29,396
-$ 29,941
-$ 30,476
-$ 31,001
-$ 31,516
-$ 32,021
-$ 32,516
-$ 33,002
-$ 33,479
-$ 33,948
-$ 34,407
-$ 34,859
-$ 35,302
-$ 35,737
-$ 36,165
-$ 36,585
-$ 36,998
-$ 37,403
-$ 37,802
-$ 38,193
-$ 13,000
-$ 13,750
-$ 14,482
-$ 15,197
-$ 15,896
-$ 16,579
-$ 17,247
-$ 17,901
-$ 18,540
-$ 19,165
-$ 19,777
-$ 20,376
-$ 20,962
-$ 21,535
-$ 22,097
-$ 22,647
-$ 23,186
-$ 23,714
-$ 24,231
-$ 24,738
-$ 25,235
-$ 25,722
-$ 26,199
-$ 26,667
-$ 27,126
-$ 27,577
-$ 28,018
-$ 28,452
-$ 28,877
-$ 29,295
-$ 29,704
-$ 30,107
-$ 30,502
-$ 30,889
-$ 31,270
-$ 31,644
-$ 32,012
-$ 32,373
-$ 32,728
-$ 33,077
-$ 33,419
92%
93%
94%
95%
96%
97%
98%
99%
100%
-$ 28,934
-$ 29,218
-$ 29,497
-$ 29,771
-$ 30,041
-$ 30,307
-$ 30,568
-$ 30,824
-$ 31,077
-$ 38,578
-$ 38,957
-$ 39,329
-$ 39,695
-$ 40,055
-$ 40,408
-$ 40,757
-$ 41,099
-$ 41,436
-$ 33,756
-$ 34,087
-$ 34,413
-$ 34,733
-$ 35,048
-$ 35,357
-$ 35,662
-$ 35,962
-$ 36,257
Otra forma
A-b
A-C
B-C
3
$ 30,851
4
$ 30,851
Tir
vna
37%
$ 37,794
$ 41,135
$ 41,135
37%
$ 50,392
$ 35,993
$ 35,993
37%
$ 44,093
b
0
1
2
3
4
Ir=va/i
Payback
Flujo
-$ 80,000
$ 41,135
$ 41,135
$ 41,135
$ 41,135
1.63
1.94
Flujo Acumulado
0
$ 41,135
$ 82,270
$ 123,405
$ 164,540
c
0
1
2
3
4
Ir=va/i
Payback
Flujo
-$ 70,000
$ 35,993
$ 35,993
$ 35,993
$ 35,993
Fisher
Vna A
Vna b
Vna c
Vna a- Vna b
Tasa Fisher
$100,000
$80,000
$60,000
$40,000
$20,000
Tasa Fisher
$100,000
$80,000
$60,000
$40,000
$20,000
$0
0%
($20,000)
20%
40%
60%
80%
($40,000)
($60,000)
Vna a
Vna b
Vna C
Fisher
100%
120%
0
-$ 20,000
$ 10,000
-$ 10,000
1
$ 10,284
-$ 5,142
$ 5,142
2
$ 10,284
-$ 5,142
$ 5,142
3
$ 10,284
-$ 5,142
$ 5,142
4
$ 10,284
-$ 5,142
$ 5,142
1.63
1.94
Flujo Acumulado
0
$ 35,993
$ 71,986
$ 107,979
$ 143,972
36.69%
-$ 2
-$ 2
-$ 2
-$ 0
0%
Tir
37%
37%
37%
kd
10%
A
b
c
d
n
12
9
8
10
Costo
3000000
2000000
2057674
1889075
Ingresos
689569
597849
619009
555000
FORMA LARGA
a
Abandono
Flujos
Vna A
TIR A
b
Abandono
Flujos
Vna B
TIR B
c
Abandono
Flujos
Vna c
0
-3000000
1
689569
-3000000
1,857,821.29
21%
0
-2000000
689569
-2000000
1,570,256
27%
597849
0
-2057674
1
619009
-2057674
1,454,622
619009
1
597849
TIR C
d
Abandono
Flujos
Vna d
TIR D
B)
R/
26%
0
-1889075
1
555000
-1889075
1,675,377
27%
555000
A
0
1
2
3
4
5
6
7
8
9
10
11
12
Flujo
-3000000
689569
689569
689569
689569
689569
689569
689569
689569
689569
689569
689569
1189554
Flujo acum
0
689569
1379138
2068707
2758276
3447845
4137414
4826983
5516552
6206121
6895690
7585259
8774813
C
0
1
2
3
4
5
6
7
8
Flujo
-2057674
619009
619009
619009
619009
619009
619009
619009
1069009
Flujo ac
0
619009
1238018
1857027
2476036
3095045
3714054
4333063
5402072
a
b
c
d
Payback
Sunday, March 08, 2020
Friday, March 08, 2019
Friday, February 08, 2019
Friday, March 08, 2019
V.abandono
499985
300000
450000
400000
Va
$ 1,857,821
$ 1,570,255.92
$ 1,454,621.65
$ 1,675,377.06
VAN
$ 1,857,821
$
$
$
1,570,256
1,454,622
1,675,377
Pago(anualidad)
$ 272,660.01
$ 272,660.08
$ 272,660.13
$ 272,659.90
FORMA LARGA
2
689569
3
689569
4
689569
5
689569
689569
689569
689569
689569
2
597849
3
597849
4
597849
5
597849
597849
597849
597849
597849
2
619009
3
619009
4
619009
5
619009
619009
619009
619009
619009
2
555000
3
555000
4
555000
5
555000
555000
555000
555000
555000
Ir=va/-i
Payback
1.619273762
4.3505436004
52.2065232051
11/8/2015
Sunday, March 08, 2020
Aos
Meses
Fecha actual
Fecha de recup
Ir=va/-i
Payback
1.7069252233
3.3241422984
39.889707581
11/8/2015
Friday, February 08, 2019
Aos
Meses
Fecha actual
Fecha de recup
Va desde inf
$ 2,726,600.11
$ 2,726,600.84
$ 2,726,601.26
$ 2,726,599.01
6
689569
7
689569
8
689569
9
689569
10
689569
11
689569
689569
689569
689569
689569
689569
689569
6
597849
7
597849
8
597849
597849
597849
597849
9
597849
300000
897849
6
619009
7
619009
619009
619009
8
619009
450000
1069009
6
555000
7
555000
8
555000
9
555000
555000
555000
555000
555000
B
0
1
2
3
4
5
6
7
8
9
Flujo
-2000000
597849
597849
597849
597849
597849
597849
597849
597849
897849
Flujo Ac
0
597849
1195698
1793547
2391396
2989245
3587094
4184943
4782792
5680641
D
0
1
2
3
4
5
6
7
8
9
10
Flujo
-1889075
555000
555000
555000
555000
555000
555000
555000
555000
555000
955000
Flujo ac
0
555000
1110000
1665000
2220000
2775000
3330000
3885000
4440000
4995000
5950000
10
555000
400000
955000
Ir=va/-i
Payback
Ir=va/-i
Payback
12
689569
499985
1189554
1.7851279575
3.3453263282
40.1439159386
11/8/2015
Friday, March 08, 2019
Meses
Fecha actual
Fecha de recup
1.8868769421
3.4037387387
40.8448648649
11/8/2015
Friday, March 08, 2019
Aos
Meses
Fecha actual
Fecha de recup
A)
A
B
C
D
n
12
9
8
10
Inversion
3000000
2000000
1850000
1600000
Ingresos
689569
596561
619009
555000
Valor de abandono
500000
300000
450000
400000
kd
10%
n
12
9
8
10
360
Inversion
3000000
2000000
1850000
1600000
Ingresos
689569
596561
627127.150745725
555000
Valor de abandono
500000
300000
450000
400000
A
0
1
2
3
4
5
6
7
8
9
10
11
12
Flujo
-3000000
689569
689569
689569
689569
689569
689569
689569
689569
689569
689569
689569
1189569
Flujo acum
0
689569
1379138
2068707
2758276
3447845
4137414
4826983
5516552
6206121
6895690
7585259
8774828
Flujo
Flujo Acumulado
B)
A
B
C
D
MCD
0
1
2
3
4
5
6
7
8
9
-2000000
596561
596561
596561
596561
596561
596561
596561
596561
896561
0
596561
1193122
1789683
2386244
2982805
3579366
4175927
4772488
5669049
C
0
1
2
3
4
5
6
7
8
Flujo
-1850000
619009
619009
619009
619009
619009
619009
619009
1069009
Flujo Acumulado
0
619009
1238018
1857027
2476036
3095045
3714054
4333063
5402072
D
0
1
2
3
4
5
6
7
8
9
10
Flujo
-1600000
555000
555000
555000
555000
555000
555000
555000
555000
555000
955000
Flujo Ac
0
555000
1110000
1665000
2220000
2775000
3330000
3885000
4440000
4995000
5950000
van(x form.va)
$ 1,857,826.07
$ 1,562,838.29
$ 1,662,295.65
$ 1,964,452.06
Pago
$ 272,660.71
$ 271,372.08
$ 311,587.38
$ 319,705.53
van(x form.va)
$ 1,857,826.07
$ 1,562,838.29
$ 1,705,605.39
$ 1,964,452.06
Pago
$ 272,660.71
$ 271,372.08
$ 319,705.53
$ 319,705.53
Diferencia
R/ Digo segn el criterio de la anualidad equivalente, que elijo el proyecto c , debido a que obtengo mayores ingresos qu
Payback
4.3505436004
52.2065232051
11/8/2015
Sunday, March 08, 2020
aos
meses
Fecha actual
Fecha payback
Payback
3.3525490268
40.2305883221
11/8/2015
Friday, March 08, 2019
aos
meses
Fecha actual
Fecha payback
Payback
2.9886479841
35.8637758094
11/8/2015
Monday, October 08, 2018
aos
meses
Fecha actual
Fecha payback
Payback
2.8828828829
34.5945945946
11/8/2015
Saturday, September 08, 2018
aos
meses
Fecha actual
Fecha payback
Va desde el infinito
$ 2,726,607.12
$ 2,713,720.84
$ 3,115,873.75
$ 3,197,055.26
Va desde el infinito
$ 2,726,607.12
$ 2,713,720.84
$ 3,197,055.26
$ 3,197,055.26
$ 0.00
A
Flujo
Abandono
Flujo total
Van A
Tir a
B
Flujo
Abandono
Flujo total
Vna B
TIR B
0
-3000000
1
689569
2
689569
-3000000
1,857,826.07
21%
689569
689569
0
-2000000
1
596561
2
596561
-2000000
1,562,838.29
27%
596561
596561
3
689569
4
689569
5
689569
6
689569
7
689569
8
689569
689569
689569
689569
689569
689569
689569
3
596561
4
596561
5
596561
6
596561
7
596561
8
596561
596561
596561
596561
596561
596561
596561
9
689569
10
689569
11
689569
689569
689569
689569
9
596561
300000
896561
12
689569
500000
1189569
Flujos
-700
-300
-1500
1
2
3
4
5
6
7
8
TASA
Presupuesto
300
300
300
300
300
300
300
140
140
140
140
140
140
140
350
350
350
350
350
350
350
12%
3200
Vna
Inversin
669.13 $
-700
Van
A
B
C
D
E
F
G
Max Van comb
$
$
$
$
$
$
$
669.13
338.93
97.31
477.85
140.94
88.93
60.54
total inv
1687.3806092633
338.93 $
-300
Inversin
700
300
1500
800
1000
550
300
3100
97.31
-1500
Participa
1
1
0
1
1
0
1
-800
-1000
-550
-300
280
280
280
280
280
280
280
250
250
250
250
250
250
250
140
140
140
140
140
140
140
79
79
79
79
79
79
79
477.85 $
-800
140.94 $
-1000
88.93 $
-550
60.54
-300
Se escogen
A
B
D
E
G
Ppto
3200
Inversin debe ser mayor al ppto, debido a que si se planifica algo, siempre se debe buscar un valor
Inversin= Costo, siempre en la empresa, uno de los objetivos es producir la mxima utilidad, con un
En sntesis, se debe buscar un costo (inversin) que sea igual o menor que el valor de la inversin
Proyecto
1
2
3
4
5
6
Tipo
Prolongar el telefrico 3
construir tienda de deporte
Prolongar el telefrico 4
Construir nuevo restaurant
Construir ms habitaciones
Construir pista de patinar
Inversin
500000
150000
350000
450000
200000
400000
Ir
1.22
0.95
1.2
1.18
1.19
1.05
1
2
3
4
5
6
Van
110000
-7500
70000
81000
38000
20000
Inversin
500000
150000
350000
450000
200000
400000
Participa
1
0
0
1
0
0
Total inv
950000
R/ Como administrador fianciero prefiero aquellos proyectos que rentan ms dada la restriccin presupuestaria
Por lo tanto prefiero los proyectos "1 y 4 ", ofreciendo un VAN conjunto de $191.000 con un presupuesto de capital $95
Van
110000
-7500
70000
81000
38000
20000
Se escoge
1
PPTO
1000000
PPTO
555555
Inversin
Maximo van comb
Comb
554550
110550
1,2,3,5
a.
Nueva inv
Maximo van comb
Comb
555550
113770
2,3,4,5
+ en 1000
Variacin
2.913%
+ en % el van
Nueva inv
554555
-5
- la inv
b.
Proyectos
VAN
1
2
3
4
5
6
20125
35500
12000
23345
42925
20999
11004
110550
113770
1racomb
2dacomb