Tabla 9.2 FLUJO DE CAJA

Concepto AÑO0 1 2

INGRESO TOTAL S/. 0.00 S/. 2,466,996.00 S/. 3,440,696.00Ventas S/. 0.00 S/. 1,759,996.00 S/. 3,439,996.00

EGRESO TOTAL S/. 2,543,428.00 S/. 2,658,872.00 S/. 2,698,552.00Costos de producción S/. 1,297,178.00 S/. 1,397,178.00 S/. 1,436,858.00

Insumos S/. 105,480.00 S/. 105,480.00 S/. 115,160.00Materiales indirectos S/. 5,000.00 S/. 5,000.00 S/. 5,000.00Mano de obra S/. 500,467.00 S/. 500,467.00 S/. 530,467.00Depreciación S/. 686,231.00 S/. 786,231.00 S/. 786,231.00

Gastos administrativos S/. 1,246,250.00 S/. 1,246,250.00 S/. 1,246,250.00Gastos generales S/. 10,000.00 S/. 10,000.00 S/. 10,000.00Sueldos S/. 1,126,250.00 S/. 1,126,250.00 S/. 1,126,250.00Depreciación S/. 60,000.00 S/. 60,000.00 S/. 60,000.00Amortización diferidos S/. 50,000.00 S/. 50,000.00 S/. 50,000.00

Costos de ventas S/. 15,444.00 S/. 15,444.00Publicidad S/. 15,000.00 S/. 15,000.00Transporte S/. 444.00 S/. 444.00

UTILIDAD OPERATIVA -S/. 2,543,428.00 -S/. 191,876.00 S/. 742,144.00Financiamiento S/. 18,068.82 S/. 18,068.82Impuesto a la renta(25%) S/. 47,969.00 S/. 185,536.00

UTILIDAD NETA -S/. 2,543,428.00 -S/. 257,913.82 S/. 538,539.18

Tabla 9.2 FLUJO DE CAJAAÑO

3 4 5S/. 4,869,998.00 S/. 4,869,998.00 S/. 4,869,998.00S/. 5,499,998.00 S/. 5,499,998.00 S/. 5,499,998.00 Tabla 9.1 Variable de entradaS/. 2,698,552.00 S/. 2,698,552.00 S/. 2,698,552.00 RubroS/. 1,436,858.00 S/. 1,436,858.00 S/. 1,436,858.00 cantidad periodo1

S/. 115,160.00 S/. 115,160.00 S/. 115,160.00 cantidad periodo 2S/. 5,000.00 S/. 5,000.00 S/. 5,000.00 cantidad periodo 3,4 y5

S/. 530,467.00 S/. 530,467.00 S/. 530,467.00 PrecioS/. 786,231.00 S/. 786,231.00 S/. 786,231.00

S/. 1,246,250.00 S/. 1,246,250.00 S/. 1,246,250.00S/. 10,000.00 S/. 10,000.00 S/. 10,000.00

S/. 1,126,250.00 S/. 1,126,250.00 S/. 1,126,250.00S/. 60,000.00 S/. 60,000.00 S/. 60,000.00S/. 50,000.00 S/. 50,000.00 S/. 50,000.00S/. 15,444.00 S/. 15,444.00 S/. 15,444.00S/. 15,000.00 S/. 15,000.00 S/. 15,000.00

S/. 444.00 S/. 444.00 S/. 444.00S/. 2,171,446.00 S/. 2,171,446.00 S/. 2,171,446.00

S/. 18,068.82 S/. 18,068.82 S/. 18,068.82S/. 542,861.50 S/. 542,861.50 S/. 542,861.50

S/. 1,610,515.68 S/. 1,610,515.68 S/. 1,610,515.68

Tabla 9.1 Variable de entradaValor Factor Nuevo Valor (ventas)

352428 1 352428 $ 2,466,996.00 491528 1 491528 $ 3,440,696.00 695714 1 695714 $ 4,869,998.00

$ 7.00 $ 7.00

Tabla 9.3 Promedio ponderado de interesesBanco A $ 291,737.85 30% 11% 3.3%Banco B $ 388,983.80 40% 12% 4.8%Capital propio $ 291,737.85 30% 10% 3.0%

Tasa de descuento (i) 11.0%

Periodo

0 $ - $ 2,643,428.00 1.00 $ - 1 $ 2,466,996.00 $ 2,658,872.00 0.90 $ 2,222,518.92 2 $ 3,440,696.00 $ 2,658,872.00 0.81 $ 2,792,546.06 3 $ 4,869,998.00 $ 2,658,872.00 0.73 $ 3,560,900.56 4 $ 4,869,998.00 $ 2,658,872.00 0.66 $ 3,208,018.53 5 $ 4,869,998.00 $ 2,658,872.00 0.59 $ 2,890,106.78

Total $ 14,674,090.85

Tabla 9.5 IndicadoresVAN $ 2,203,745.76 Rb/c 1.2PR 2° periodo

Tabla 9.4 :Evaluacion Económica

Total de ingresos

Total de egresos

Factor de actualización

Ingresoactualizado

$ 2,643,428.00 $ (2,643,428.00) $ 2,395,380.18 $ (172,861.26) $ 2,158,000.16 $ 634,545.90 $ 1,944,144.29 $ 1,616,756.27 $ 1,751,481.34 $ 1,456,537.18 $ 1,577,911.12 $ 1,312,195.66 $ 12,470,345.10

:Evaluacion Económica

Egresoactualizado

Periodo de retorno

Tabla 9.6 Cálculo del TIRTIR VAN30% 47714.7

30.5% 10105.0330.6% 2665.730.7% -4746.05