PRACTICA DE GESTIN FINANCIERA

La inversin para un Centro de fotocopiadora es el siguiente. 01 copiadora de planos de S/.3,000.00 a adquirirse en el 3 mes. Gastos de constitucin y licencia de funcionamiento S/.300.00 en el 2 mes. Alquiler de local a S/.300.00 a partir del segundo mes. Proyecto de factibilidad a S/. 500.00 el 1 mes. 01 computadora a S/.1,500.00 el 2 mes. 01 anilladora a S/.1,300.00 el 5 mes Muebles por S/.1,200.00 el 3 mes. 01 telfono fax. Por S/.500 el 2 mes. 03 maquinas fotocopiadoras (precio unitario) S/.4.500.00;01 el 3mes y dos el 4 mes. Por alquiler se pide 2 meses de garanta. El 5 mes se comprara 5 millares de papel Xerox A4 por S/.25.00. Papel especial para copa de planos por S/.50.00. En cuanto por servicios pblicos son del orden de S/.90.00 mensual. Remuneraciones alcanza a S/.400.00 mensuales.

DescripcinCostoMes de adquisicin

1 fotocopiadoraS/. 3,000.003 mes

Licencia de funcionamientoS/. 300.002 mes

Alquiler del local(cada mes)S/. 300.002 mes

FactibilidadS/. 500.001 mes

1 computadoraS/. 1,500.002 mes

1 anilladoraS/. 1,300.005 mes

MueblesS/. 1,200.003 mes

1 telefaxS/. 500.002 mes

1 fotocopiadorasS/. 4,500.004 mes

2 fotocopiadorasS/. 9,000.00

Garanta de alquilerS/. 600.00

5 millares de papelS/. 25.005 mes

Papel para planosS/. 50.005 mes

Servicios pblicos(mensuales)S/. 90.00

Remuneraciones(mensuales)S/. 400.00

El 39.0092% financiado por el banco de crdito del Per bajo las siguientes condiciones.Financiamiento banco % 39.0092%

plazo2 aos y medio

Periodo de pago20 %

Periodo de gracia parcial1

- Modalidad de pago: cuota.- Plazo: 2 aos y medio.-TEA: 20%.-Periodo de pago: trimestral.-Periodo de gracia parcial: 1.

Se solicita:1. Desarrollar el cuadro de inversiones.2. Elabore el cronograma de inversiones.3. Elabore el cuadro de fuentes de financiamiento.4. Desarrolle el cuadro de servicio de la deuda.CUADRO DE INVERSIONESRubrocantidadPrecio unitarioTotal

1 fotocopiadora1S/. 3,000.00S/. 3,000.00

Licencia de funcionamiento1S/. 300.00S/. 300.00

Alquiler del local4S/. 300.00S/. 1,200.00

Factibilidad1S/. 500.00S/. 500.00

1 computadora1S/. 1,500.00S/. 1,500.00

1 anilladora1S/. 1,300.00S/. 1,300.00

Muebles1S/. 1,200.00S/. 1,200.00

1 telefax1S/. 500.00S/. 500.00

1 fotocopiadoras1S/. 4,500.00S/. 4,500.00

2 fotocopiadoras1S/. 9,000.00S/. 9,000.00

Garanta de alquiler1S/. 600.00S/. 600.00

5 millares de papel1S/. 25.00S/. 25.00

Papel para planos1S/. 50.00S/. 50.00

Servicios pblicos4S/. 90.00S/. 360.00

Remuneraciones4S/. 400.00S/. 1,600.00

TotalS/. 25,635.00

CRONOGRAMA DE INVERSIONES

RUBROMESESTOTAL

12345

FotocopiadoraS/. 7,500.00S/. 9,000.00S/. 16,500.00

Licencia de funcionamientoS/. 300.00S/. 300.00

Alquiler del localS/. 300.00S/. 300.00S/. 300.00S/. 300.00S/. 1,200.00

FactibilidadS/. 500.00S/. 500.00

ComputadoraS/. 1,500.00S/. 1,500.00

AnilladoraS/. 1,300.00S/. 1,300.00

MueblesS/. 1,200.00S/. 1,200.00

TelefaxS/. 500.00S/. 500.00

Garanta de alquilerS/. 600.00S/. 600.00

5 millares de papelS/. 25.00S/. 25.00

Papel para planosS/. 50.00S/. 50.00

Servicios pblicosS/. 90.00S/. 90.00S/. 90.00S/. 90.00S/. 360.00

RemuneracionesS/. 400.00S/. 400.00S/. 400.00S/. 400.00S/. 1,600.00

TOTALS/. 25,635.00

Cuadro de fuentes de financiamientoRecursos propios= inversin*Financiamiento del banco (%) =S/.25, 635*39,01% =S/-15,634.99Finaciamiento del banco= inversin total Recursos propios=S/. 25,635 s/.15,634.99=S. 10,000.01Monto totalPorcentaje

Inversin totalS/. 25,635.00100%

S/.15,634.9960,9908%

S/.10,000.0139,0092%

S/.25,635.00100.0000%

CUADRO DE SERVICIO DE LA DEUDA PARCIALAOPERIODO(TRI)SALDO DE LA DEUDAAMORTIZACININTERESESCUOTA

1S/. 10,000.010,046635139s/.-10,000.0084

1S/. 10,000.01s/.0.00s/.466.3518S/. 466.3518

2S/. 9,080.4628s/.919.5456s/.466.3518S/. 1,385.8974

3S/. 8,115.0341s/.962.4287S/. 423.4686S/. 1,385.8974

4S/. 7,118.0341s/.1,007.3117S/. 378.5857S/. 1,385.8974

25S/. 6,056.4344s/.1,054.2879s/.331.6095S/. 1,385.8974

6S/. 4,952.9797s/.1,103.4547s/.230.9829S/. 1,385.8974

7S/. 3,798.0652s/.1,154.9145s/.177.1233S/. 1,385.8974

8S/. 2,589.2911s/.1,208.7741s/.120.7520S/. 1,385.8974

39S/. 1,326.1457s/.1,265.1454s/.120.7520S/. 1,385.8974

10S/. 0.00s/.1,324.1457s/.61.7517S/. 1,385.8974

TOTALs/.10,000.01s/.2,939.4199TIR:4.663514%

CRA=COSTO REAL ANUAL20.00%

Solucin

Datos Hallando la tasa trimestral m=4(1+i)= (1+i/m)ni=20%m=j/4 = 0.046635139c= 10000.01 Hallamos la cuota RR=(10000.01)*m/(1-(1+m)) 9R= s/.1,385.897396

CUADRO DEL SERVICIO DE LA DEUDA TOTAL.AOPERIODO(TRI)SALDO DE LA DEUDAAMORTIZACININTERESESCUOTA

1S/. 10,000.008420,046635139s/.10,000.0084

1S/.10,466.3602s/.0.00s/.466.35S/. 1,466.35

2s/.9,503.9315s/.962.4287s/.419.72S/. 1,419.72

3S/.8,496.6197s/.1,007.3117S/. 373.08S/. 1,373.08

4s/.7,442.3318s/.1,054.2879S/. 326.45S/. 1,326.45

25S/.6,338.8771s/.1,154.9145s/.279.81S/.1,279.81

6s/.5,183.9626s/.1,208.7741s/.233.18S/. 1,233.18

7S/.3,975.1885s/.1,265.1454s/.186.54S/. 1,186.54

8s/.2,710.0431s/.1,324.1457s/.139.91S/. 1,139.91

39S/.1,385.8974s/.1,000.00s/.93.27S/. 1,093.27

10S/. 0.0000s/.1,000.00s/.46.64S/. 1,046.64

TOTALs/.10,000.0084s/.2,564.9348TIR:4.663514%

CRA=20.00%

Solucin

Datos Hallando la tasa trimestral m=4(1+i)= (1+i/m)ni=20%m=j/4 = 0.046635139c= 10000.01 Hallamos la cuota RR=(10466.64)*m/(1-(1+m)) 9R= s/.1,450.528915

CUADRO DE SERVIVIO DE LA DEUDA CUOTAS CONSTANTESAOPERIODO(TRI)SALDO DE LA DEUDAAMORTIZACININTERESESCUOTA

1S/. 10,000.0084200,046635139s/.-10,000.0084

1S/. 9,192.39s/.0.00s/.466.35S/. 1,273.97

2S/. 8,347.11s/.919.5456s/.428.69S/. 1,273.97

3S/. 7,462.41s/.962.4287S/. 389.27S/. 1,273.97

4S/. 6,536.45s/.1,007.3117S/. 348.01S/. 1,273.97

25S/. 5.567.31s/.1,054.2879s/.304.83S/. 1,273.97

6S/. 4,552.97s/.1,103.4547s/.259.63S/. 1,273.97

7S/. 3,491.33s/.1,154.9145s/.212.33S/. 1,273.97

8S/. 2,380.18s/.1,208.7741s/.162.82S/. 1,273.97

39S/. 1,217.21s/.1,265.1454s/.111.00S/. 1,273.97

10S/. 0.00s/.1,324.1457s/.56.76S/. 1,273.97

TOTALs/.10,000.01s/.2,739.6906TIR:4.663514%

CRA=COSTO REAL ANUAL20.00%

Solucin

Datos Hallando la tasa trimestral m=4(1+i)= (1+i/m)ni=20%m=j/4 = 0.046635139c= 10000.01 Hallamos la cuota RR=(10000.01)*m/(1-(1+m)) 10R= s/.1,273,969906

CUADRO DEL SERVICIO DE LA DEUDAS CUOTAS DECRECIENTESAOPERIODO(TRI)SALDO DE LA DEUDAAMORTIZACININTERESESCUOTA

1S/. 10,000.010,046635139s/.10,000.0084

1S/.9,000 01s/.1,000.00s/.466.35S/. 1,466.35

2s/.8,000 01s/.1,000.00s/.419.72S/. 1,419.72

3S/.7,000 01s/.1,000.00S/. 373.08S/. 1,373.08

4s/.6,000 01s/.1,000.00S/. 326.45S/. 1,326.45

25S/.5,000 00s/.1,000.00s/.279.81S/. 1,279.81

6s/.4,000 00s/.1,000.00s/.233.18S/. 1,233.18

7S/.3,000 00s/.1,000.00s/.186.54S/. 1,186.54

8s/.2,000 00s/.1,000.00s/.139.91S/. 1,139.91

39S/.1,000 00s/.1,000.00s/.93.27S/. 1,093.27

10S/. 0.00s/.1,000.00s/.46.64S/. 1,046.64

TOTALs/.10,000.0084s/.2,564.9348TIR:4.663514%

CRA=20.00%

Se concluye:

Del cuadro de servicio de la deuda con pedido de gracia parcial y el periodo de gracia total: Se pueden elegir cualquiera de estos porque tienen igual tasa interna de retorno que es igual a 4,663514%. Del servicio de la deuda con constantes y con cuotas decrecientes : Se pueden elegir cualquiera de estos porque tienen igual tasa interna de retorno que es igual a 4.663514-%