solucin-pc1-2017-2-2.xlsx

solucin-pc1-2017-2-2.xlsx - (F La elaboracin de los cuadros...

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(F) La elaboración de los cuadros de inversiones es parte de la et (F) En la elaboración del estado de resultados, los activos fijos se (V) El Valor Residual de un activo fijo no tiene efecto en el cálculo (F) Un COK mayor al costo de la deuda indica que el proyecto deb
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tapa de ejecución del proyecto e amortizan y los activos intangibles se deprecian. o del impuesto a la renta. be financiarse preferentemente con capital del inversionista.
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P4 a) COK 20.00% DEUDA= 40% T= WACC 16.20% PATRIMONIO= 60% Rd= FLUJO DE CAJA 0 1 2 cantidades 30,000 40,000 precio 120 120 INGRESOS 3,600,000 4,800,000 C. Variable 60 -1,800,000 -2,400,000 C. Fijo -1,000,000 -1,000,000 Depreciación -600,000 -600,000 EBIT 200,000 800,000 Impuestos -60,000 -240,000 Depreciación 600,000 600,000 FLUJO DE CAJA OPERATIVO 740,000 1,160,000 Maquinaria -3,000,000 Capital Trabajo -360,000 -120,000 -120,000 b) FLUJO DE CAJA LIBRE -3,360,000 620,000 1,040,000 Financiamiento 1,344,000 Amortización -448,000 -448,000 Intereses -201,600 -134,400 Escudo Fiscal 60,480 40,320 FLUJO DE CAJA FINANCIERO 1,344,000 -589,120 -542,080 C) FLUJO DE CAJA DEL ACCIONISTA -2,016,000 30,880 497,920 D) VPN ( FCNI al COK) 616,290.43
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30% 15% 3 4 50,000 60,000 120 120 6,000,000 7,200,000 -3,000,000 -3,600,000 -1,000,000 -1,000,000 -600,000 -600,000 1,400,000 2,000,000 -420,000 -600,000 600,000 600,000 1,580,000 2,000,000 810,000 vm 900,000 -120,000 720,000 VL 600,000 1,460,000 3,530,000 SALDO AMORTIZACION INTERESES CUOTA -448,000 1,344,000 448,000 201,600 649,600 -67,200 896,000 448,000 134,400 582,400 20,160 448,000 448,000 67,200 515,200 -495,040 964,960 3,530,000
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