Ao 0 1

Toneladas 1,070
Precio ($/ton) 540,000
Ingresos 577,800,000

Parte a) - Mtodo del Desfase

Margen Operativo 30%
Utilidad Operativa 173,340,000
Costos y Gastos Operativos 404,460,000

Inversiones en Activo Fijo 315,000,000 99,000,000

Depreciacin ao 0 105,000,000
Depreciacin ao 1 -
Total Depreciacin anual 105,000,000

Salidas de Efectivo 299,460,000

Desfase (das) 60
CTN requerido 49,910,000
CTN incremental 49,910,000
Inversin en CTN -49,910,000 -5,840,000

Parte b) - Mtodo Contable

Costos ($/ton) 280,000
Costo de Operacin 299,600,000

CxC + Invent. 10% 57,780,000

C x Pagar 1% 2,996,000
CTN requerido 54,784,000
CTN incremental 54,784,000
Inversin en CTN -54,784,000 -9,216,000
 2 3 4
1,250 1,430 1,500

675,000,000 772,200,000 810,000,000

30% 30% 45%

202,500,000 231,660,000 364,500,000
472,500,000 540,540,000 445,500,000

105,000,000 105,000,000 -
33,000,000 33,000,000 33,000,000
138,000,000 138,000,000 33,000,000

334,500,000 402,540,000 412,500,000

55,750,000 67,090,000 68,750,000

5,840,000 11,340,000 1,660,000
-11,340,000 -1,660,000 68,750,000

350,000,000 400,400,000 420,000,000

67,500,000 77,220,000 81,000,000

3,500,000 4,004,000 4,200,000
64,000,000 73,216,000 76,800,000
9,216,000 9,216,000 3,584,000
-9,216,000 -3,584,000 76,800,000
Ao 0 1 2
Ventas diarias ( un ) 90.0 90.0
Precio ( $ / un ) 30.0 30.0
Ingresos anuales 972,000 972,000

Parte a) - Mtodo del Desfase

Margen Operativo 50% 50%
Utilidad Operativa 486,000 486,000
Costos y Gastos Operativos 486,000 486,000

Inversin Maquinaria 350,000

Depreciac. 20% 70,000 70,000
Inversin Vehculos 100,000
Depreciac. 20% 20,000 20,000
Inversin Edificios 300,000
Depreciac. 5% 15,000 15,000
Total Depreciacin anual 105,000 105,000

Salidas de Efectivo 381,000 381,000

P.P.Cobro 20
P.P.Pago 15
P.P.Invent. 7
CCE 12
CTN requerido 12,700 12,700
CTN incremental 12,700 -
Inversin en CTN -12,700 - 450

Parte b) - Mtodo Contable

Costos Variables ( $ / un ) 7.0 7.0
Costos Variables anuales 226,800 226,800

Act.Corr. 4% 38,880 38,880

CxP 10% 22,680 22,680
CTN requerido 16,200 16,200
CTN incremental 16,200 -
Inversin en CTN -16,200 - -21,600
 3 4 5
75.0 75.0 105.0
50.0 50.0 20.0
1,350,000 1,350,000 756,000

65% 70% 45%

877,500 945,000 340,200
472,500 405,000 415,800

70,000 70,000 70,000

20,000 20,000 20,000

15,000 15,000 15,000

105,000 105,000 105,000

367,500 300,000 310,800

12,250 10,000 10,360

-450 -2,250 360
2,250 -360 10,360

6.0 6.0 4.0 no incluyen Mano de Obra

162,000 162,000 151,200

54,000 54,000 30,240

16,200 16,200 15,120
37,800 37,800 15,120
21,600 - -22,680
- 22,680 15,120