ventas 50,000,000.

00
crecimiento 15%

costo de ventas 42%

gastos de administracion 35%
impuestos 32%

propiedad planta y Eq. 70,000,000.00

n 10
valor de salvamento 20%

1 2 3
Ventas 50,000,000.00 57,500,000.00 66,125,000.00
costos de ventas 21,000,000.00 24,150,000.00 27,772,500.00
Utilidad bruta 29,000,000.00 33,350,000.00 38,352,500.00
Gastos de Admon 17,500,000.00 20,125,000.00 23,143,750.00
Depreciacion
UTILIDAD OPERATIVA 11,500,000.00 13,225,000.00 15,208,750.00
Gastos Financieros
Utilidad ante de impuestos 11,500,000.00 13,225,000.00 15,208,750.00
Impuestos 3,680,000.00 4,232,000.00 4,866,800.00
UTILIDAD NETA 7,820,000.00 8,993,000.00 10,341,950.00

1 2 3
Ventas 50,000,000.00 57,500,000.00 66,125,000.00
costos de ventas 21,000,000.00 24,150,000.00 27,772,500.00
Utilidad bruta 29,000,000.00 33,350,000.00 38,352,500.00
Gastos de Admon 17,500,000.00 20,125,000.00 23,143,750.00
Depreciacion 5,600,000.00 5,600,000.00 5,600,000.00
UTILIDAD OPERATIVA 5,900,000.00 7,625,000.00 9,608,750.00
Gastos Financieros
Utilidad ante de impuestos 5,900,000.00 7,625,000.00 9,608,750.00
Impuestos 1,888,000.00 2,440,000.00 3,074,800.00
UTILIDAD NETA 4,012,000.00 5,185,000.00 6,533,950.00

Escudo Fiscal 1,792,000.00 1,792,000.00 1,792,000.00

REDUCCION DE SALDOS

Valor del activo 70,000,000.00

valor de salvamento 14,000,000.00
id 14.87%
Saldo depreciable 70,000,000.00 59,593,794.58 50,734,576.46

Ventas 50,000,000.00 57,500,000.00 66,125,000.00

costos de ventas 21,000,000.00 24,150,000.00 27,772,500.00
Utilidad bruta 29,000,000.00 33,350,000.00 38,352,500.00
Gastos de Admon 17,500,000.00 20,125,000.00 23,143,750.00
Depreciacion 10,406,205.42 8,859,218.12 7,542,206.07
UTILIDAD OPERATIVA 11,500,000.00 13,225,000.00 15,208,750.00
Gastos Financieros
Utilidad ante de impuestos 11,500,000.00 13,225,000.00 15,208,750.00
Impuestos 3,680,000.00 4,232,000.00 4,866,800.00
UTILIDAD NETA 7,820,000.00 8,993,000.00 10,341,950.00

Escudo
 4 5 6 7 8
76,043,750.00 87,450,312.50 100,567,859.38 115,653,038.28 133,000,994.02
31,938,375.00 36,729,131.25 42,238,500.94 48,574,276.08 55,860,417.49
44,105,375.00 50,721,181.25 58,329,358.44 67,078,762.20 77,140,576.53
26,615,312.50 30,607,609.38 35,198,750.78 40,478,563.40 46,550,347.91

17,490,062.50 20,113,571.88 23,130,607.66 26,600,198.80 30,590,228.63

17,490,062.50 20,113,571.88 23,130,607.66 26,600,198.80 30,590,228.63

5,596,820.00 6,436,343.00 7,401,794.45 8,512,063.62 9,788,873.16
11,893,242.50 13,677,228.88 15,728,813.21 18,088,135.19 20,801,355.47

4 5 6 7 8
76,043,750.00 87,450,312.50 100,567,859.38 115,653,038.28 133,000,994.02
31,938,375.00 36,729,131.25 42,238,500.94 48,574,276.08 55,860,417.49
44,105,375.00 50,721,181.25 58,329,358.44 67,078,762.20 77,140,576.53
26,615,312.50 30,607,609.38 35,198,750.78 40,478,563.40 46,550,347.91
5,600,000.00 5,600,000.00 5,600,000.00 5,600,000.00 5,600,000.00
11,890,062.50 14,513,571.88 17,530,607.66 21,000,198.80 24,990,228.63

11,890,062.50 14,513,571.88 17,530,607.66 21,000,198.80 24,990,228.63

3,804,820.00 4,644,343.00 5,609,794.45 6,720,063.62 7,996,873.16
8,085,242.50 9,869,228.88 11,920,813.21 14,280,135.19 16,993,355.47

1,792,000.00 1,792,000.00 1,792,000.00 1,792,000.00 1,792,000.00

43,192,370.39 36,771,389.26 31,304,951.68 26,651,155.14 22,689,192.35

76,043,750.00 87,450,312.50 100,567,859.38 115,653,038.28 133,000,994.02

31,938,375.00 36,729,131.25 42,238,500.94 48,574,276.08 55,860,417.49
44,105,375.00 50,721,181.25 58,329,358.44 67,078,762.20 77,140,576.53
26,615,312.50 30,607,609.38 35,198,750.78 40,478,563.40 46,550,347.91
6,420,981.13 5,466,437.58 4,653,796.54 3,961,962.79 3,372,977.09
17,490,062.50 20,113,571.88 23,130,607.66 26,600,198.80 30,590,228.63

17,490,062.50 20,113,571.88 23,130,607.66 26,600,198.80 30,590,228.63

5,596,820.00 6,436,343.00 7,401,794.45 8,512,063.62 9,788,873.16
11,893,242.50 13,677,228.88 15,728,813.21 18,088,135.19 20,801,355.47
 9 10
152,951,143.13 175,893,814.60
64,239,480.11 73,875,402.13
88,711,663.01 102,018,412.47
53,532,900.09 61,562,835.11

35,178,762.92 40,455,577.36

35,178,762.92 40,455,577.36
11,257,204.13 12,945,784.75
23,921,558.79 27,509,792.60

9 10
152,951,143.13 175,893,814.60
64,239,480.11 73,875,402.13
88,711,663.01 102,018,412.47
53,532,900.09 61,562,835.11
5,600,000.00 5,600,000.00
29,578,762.92 34,855,577.36

29,578,762.92 34,855,577.36
9,465,204.13 11,153,784.75
20,113,558.79 23,701,792.60

1,792,000.00 1,792,000.00
 19,316,215.26 16,444,665.20

152,951,143.13 175,893,814.60
64,239,480.11 73,875,402.13
88,711,663.01 102,018,412.47
53,532,900.09 61,562,835.11
2,871,550.06 2,444,665.20
35,178,762.92 40,455,577.36

35,178,762.92 40,455,577.36
11,257,204.13 12,945,784.75
23,921,558.79 27,509,792.60