Plan Financiero Proyeccion Financiera Supuestos de Ingreso Grafica de Ingresos por año proyecto
Supuesto de Gastos Grafica de Gastos por año proyecto
21
Grafica de Utilidad por año proyecto
Estado Financiero
22
Reporte de Estados de Resultados por año Proyecto Utilidad Neta Total de Ingresos
Año 1
Año 2
Año 3
$6,626,992
$13,741,252
$19,574,576
Vivace
$677,352
$1,034,280
$1,744,080
Sil Master 12x1 L
$303,600
$303,600
$676,200
$1,013,760
$1,531,200
$1,931,160
Secuence
$883,200
$1,410,360
$1,741,560
Lec 350
$238,500
$598,500
$652,500
Allegro
$898,560
$2,377,440
$2,765,880
ADW-79
$467,500
$1,020,000
$1,139,000
DBS
$140,400
$889,200
$1,773,200
Andante
$384,540
$1,272,960
$1,471,860
Rubato
$394,800
$710,640
$1,910,080
Óbelo
$409,320
$705,780
$1,204,740
Rinox
$127,680
$416,640
$719,040
Cadence
$442,680
$929,152
$1,173,816
H+ Organic
$245,100
$541,500
$671,460
Costos de Venta
$3,047,690
$6,299,404
$8,456,642
Costo de Venta Estandar
$3,047,690
$6,299,404
$8,456,642
$2,652
$2,652
$2,652
LEC350 Costos
$131,970
$331,170
$361,050
Secuence Costos
$560,640
$895,272
$1,105,512
Eco Wet costos
$718,848
$1,085,760
$1,369,368
Allegro Costos
$207,360
$548,640
$638,280
Sil Master costos
$67,980
$67,980
$151,410
ADW-79 Costos
$362,450
$790,800
$883,060
DBS Costos
$45,630
$288,990
$576,290
Andante Costos
$239,250
$792,000
$915,750
Rubato Costos
$119,280
$214,704
$577,088
Óbelo Costos
$181,920
$313,680
$535,440
Rinox Costos
$82,080
$267,840
$462,240
Cadence Costos
$216,690
$454,816
$574,578
H+ Organic
$110,940
$245,100
$303,924
$3,579,302
$7,441,848
$11,117,934
54%
54%
56%
$1,501,200
$2,588,950
$2,879,050
personal
$845,100
$1,615,950
$1,786,050
Sueldos y Salarios
$626,000
$1,197,000
$1,323,000
Administración
$192,000
$201,600
$211,680
Ayudante General 1
$80,000
$100,800
$105,840
Ayudante General 2
$32,000
$100,800
$105,840
Dirección
$230,000
$252,000
$264,600
Asistente administrativa
$32,000
$100,800
$105,840
Eco Wet
Vivace Costos
Margen Bruto Margen Bruto % Gastos Fijos
23
Utilidad Neta Vendedor Ensenada, BC
Año 1
Año 2
Año 3
$60,000
$252,000
$264,600
-
$189,000
$264,600
Gasto de personal
$219,100
$418,950
$463,050
Servicios
$21,000
$140,000
$168,000
Renta de vehículo utilitario Ensenada
$21,000
$84,000
$84,000
-
$56,000
$84,000
Relacionado a Oficinas
$166,500
$241,000
$253,000
Renta de bodega
$151,000
$223,000
$235,000
Papelería y gastos varios de oficina
$15,500
$18,000
$18,000
Tecnología
$24,000
$24,000
$24,000
Investigación y desarrollo
$24,000
$24,000
$24,000
Viajes y Viaticos
$104,000
$348,000
$396,000
Gasolina
$49,000
$188,000
$216,000
Viáticos de ventas
$55,000
$160,000
$180,000
Administración
$210,000
-
-
Certificados Orgánicos OMRI - Productos: Allegro
$30,000
-
-
Certificados Orgánicos OMRI - Productos: Vivace y H+Organic
$60,000
-
-
Certificados Orgánicos OMRI - Productos: öbelo, Cadence y Rinox
$90,000
-
-
Certificado Orgánico: ADW-79
$30,000
-
-
Otros
$130,600
$220,000
$252,000
Folletos
$9,600
$12,000
$12,000
Banners y Lonas
$9,000
$9,000
$15,000
Publicidad en revistas especializadas
$17,000
$16,000
$20,000
Stands en Expos Agrícolas
$75,000
$155,000
$170,000
Material publicitario (gorras, plumas, mochilas, sombreros, etc.)
$20,000
$28,000
$35,000
$2,078,102
$4,852,898
$8,238,884
31%
35%
42%
$15,233
$30,466
$28,800
Intereses
-
-
-
Impuestos
-
-
-
Depreciación
$15,233
$30,466
$28,800
Margen Neto
$2,062,868
$4,822,431
$8,210,084
31%
35%
41%
Vendedor Cd. Delicias, Chihuahua
Renta vehículo utilitario Cd. Delicias, Chihuahua
Margen Operativo Margen Operativo % Otros Gastos
Margen Neto %
24
Reporte de Flujos de Efectivo por año Proyecto Flujo de Efectivo Flujo de Efectivo en Operaciones
Año 1
Año 2
Año 3
$877,874
$3,863,412
$6,963,637
$2,062,869
$4,822,431
$8,210,084
$15,233
$30,467
$28,800
Cambios en Cuentas por Pagar
-
-
-
Cambios en Inventario
-
-
-
Impuestos de Inventario
-
-
-
($1,025,695)
($850,823)
($1,187,274)
($174,533)
($138,663)
($87,973)
Cambios en Impuestos sobre Ganancias
-
-
-
Cambio en Ingresos cobrados por Adelantado
-
-
-
Flujo de Efectivo en Inversiones
($109,040)
($58,000)
-
Compra/Venta de Activos
($94,000)
($50,000)
-
Impuestos de Activos
($15,040)
($8,000)
-
Flujo de Efectivo por Financiamiento
$680,400
-
-
Inversiones
$680,400
-
-
Dividendos
-
-
-
Cambio en Deuda a Corto Plazo
-
-
-
Cambio en Deuda a Largo Plazo
-
-
-
Utilidad Neta Depreciaciones y Amortizaciones
Cambios en Cuentas por Cobrar Cambios en Impuestos sobre Ventas
Flujo al Inicio del Periodo
-
$1,449,234
$5,254,646
Flujo de Efectivo del Periodo
$1,449,234
$3,805,412
$6,963,637
Flujo de Efectivo Acumulado
$1,449,234
$5,254,646
$12,218,283
25
Métricas Reporte de Métricas Valor de la Empresa
Inversión WACC Salida Múltiple
Valores 676,000 % 10 % 3 veces
NPV
9,694,338
IRR
3
Valor Terminal Año Terminal EBITDA (2020)
8,238,884
Salida Múltiple
3
Valor Terminal
24,716,652x
Factor de Descuento Valor Presente Terminal % de Valor Compañía Valor de la Empresa
0.75 18,569,986 0.65701151981013 % 28,264,324
26
Financiamiento Fuentes de Financiamiento Uso de la Inversión Impactos esperados
Anexos Estado de Resultados Utilidad Neta Año 1
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
Total de Ingresos
$135,540
$269,920
$510,280
$501,192
$622,300
$607,840
$558,820
$351,160
$487,720
$837,780
$860,220
$884,220
Vivace
$40,560
$40,560
$20,280
$28,392
$40,560
$60,840
$81,120
$40,560
$141,960
$60,840
$60,840
$60,840
Sil Master 12x1 L
-
$13,800
$55,200
$13,800
$27,600
$41,400
$13,800
-
-
$41,400
$55,200
$41,400
Eco Wet
-
$59,400
$128,040
$128,040
$128,040
$39,600
$19,800
$126,720
-
$128,040
$128,040
$128,040 $124,200
Secuence
$41,400
$41,400
$82,800
$69,000
$69,000
$55,200
$41,400
$27,600
$82,800
$124,200
$124,200
Lec 350
-
$9,000
$18,000
$18,000
$9,000
$18,000
$9,000
-
$22,500
$45,000
$45,000
$45,000
Allegro
$28,080
$56,160
$70,200
$84,240
$70,200
$84,240
$70,200
-
$56,160
$126,360
$126,360
$126,360
ADW-79
$25,500
$34,000
$34,000
$51,000
$34,000
$34,000
$34,000
$34,000
$34,000
$51,000
$51,000
$51,000
DBS
-
$15,600
$15,600
-
$15,600
$15,600
$15,600
-
-
$31,200
$15,600
$15,600
Andante
-
-
-
-
$39,780
$26,520
$92,820
$53,040
$53,040
$39,780
$39,780
$39,780
Rubato
-
-
$33,840
$56,400
$56,400
$56,400
$56,400
$22,560
$45,120
$22,560
$22,560
$22,560
Óbelo
-
-
$38,880
$38,880
$55,080
$71,280
$38,880
$32,400
$6,480
$22,680
$33,480
$71,280
Rinox
-
-
$13,440
$13,440
-
$13,440
$20,160
-
-
$13,440
$26,880
$26,880
Cadence
-
-
-
-
$42,840
$57,120
$42,840
$14,280
$28,560
$85,680
$85,680
$85,680
H+ Organic
-
-
-
-
$34,200
$34,200
$22,800
-
$17,100
$45,600
$45,600
$45,600
Costos de Venta
$52,751
$121,081
$249,667
$249,803
$296,323
$250,741
$232,561
$195,163
$175,783
$395,729
$407,189
$420,899
Costo de Venta Estandar
$52,751
$121,081
$249,667
$249,803
$296,323
$250,741
$232,561
$195,163
$175,783
$395,729
$407,189
$420,899
$221
$221
$221
$221
$221
$221
$221
$221
$221
$221
$221
$221
-
$4,980
$9,960
$9,960
$4,980
$9,960
$4,980
-
$12,450
$24,900
$24,900
$24,900
$26,280
$26,280
$52,560
$43,800
$43,800
$35,040
$26,280
$17,520
$52,560
$78,840
$78,840
$78,840
Vivace Costos LEC350 Costos Secuence Costos
27
Utilidad Neta Año 1
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
Eco Wet costos
-
$42,120
$90,792
$90,792
$90,792
$28,080
$14,040
$89,856
-
$90,792
$90,792
$90,792
Allegro Costos
$6,480
$12,960
$16,200
$19,440
$16,200
$19,440
$16,200
-
$12,960
$29,160
$29,160
$29,160
Sil Master costos
-
$3,090
$12,360
$3,090
$6,180
$9,270
$3,090
-
-
$9,270
$12,360
$9,270
ADW-79 Costos
$19,770
$26,360
$26,360
$39,540
$26,360
$26,360
$26,360
$26,360
$26,360
$39,540
$39,540
$39,540
DBS Costos
-
$5,070
$5,070
-
$5,070
$5,070
$5,070
-
-
$10,140
$5,070
$5,070
Andante Costos
-
-
-
-
$24,750
$16,500
$57,750
$33,000
$33,000
$24,750
$24,750
$24,750
Rubato Costos
-
-
$10,224
$17,040
$17,040
$17,040
$17,040
$6,816
$13,632
$6,816
$6,816
$6,816
Óbelo Costos
-
-
$17,280
$17,280
$24,480
$31,680
$17,280
$14,400
$2,880
$10,080
$14,880
$31,680
Rinox Costos
-
-
$8,640
$8,640
-
$8,640
$12,960
-
-
$8,640
$17,280
$17,280
Cadence Costos
-
-
-
-
$20,970
$27,960
$20,970
$6,990
$13,980
$41,940
$41,940
$41,940
H+ Organic
-
-
-
-
$15,480
$15,480
$10,320
-
$7,740
$20,640
$20,640
$20,640
$82,789
$148,839
$260,613
$251,389
$325,977
$357,099
$326,259
$155,997
$311,937
$442,051
$453,031
$463,321
61%
55%
51%
50%
52%
58%
58%
44%
64%
52%
52%
52%
Gastos Fijos
$54,850
$82,450
$131,000
$166,000
$131,000
$122,500
$89,500
$89,500
$119,100
$192,100
$155,100
$168,100
personal
$41,850
$41,850
$59,400
$59,400
$59,400
$59,400
$59,400
$59,400
$81,000
$108,000
$108,000
$108,000
Sueldos y Salarios
$31,000
$31,000
$44,000
$44,000
$44,000
$44,000
$44,000
$44,000
$60,000
$80,000
$80,000
$80,000
Administración
$16,000
$16,000
$16,000
$16,000
$16,000
$16,000
$16,000
$16,000
$16,000
$16,000
$16,000
$16,000
Ayudante General 1
-
-
$8,000
$8,000
$8,000
$8,000
$8,000
$8,000
$8,000
$8,000
$8,000
$8,000
Ayudante General 2
-
-
-
-
-
-
-
-
$8,000
$8,000
$8,000
$8,000
$15,000
$15,000
$20,000
$20,000
$20,000
$20,000
$20,000
$20,000
$20,000
$20,000
$20,000
$20,000
-
-
-
-
-
-
-
-
$8,000
$8,000
$8,000
$8,000
Margen Bruto Margen Bruto%
Dirección Asistente administrativa
28
Utilidad Neta Año 1
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
Vendedor Ensenada, BC
-
-
-
-
-
-
-
-
-
$20,000
$20,000
$20,000
Vendedor Cd. Delicias, Chihuahua
-
-
-
-
-
-
-
-
-
-
-
-
$10,850
$10,850
$15,400
$15,400
$15,400
$15,400
$15,400
$15,400
$21,000
$28,000
$28,000
$28,000
Servicios
-
-
-
-
-
-
-
-
-
$7,000
$7,000
$7,000
Renta de vehículo utilitario Ensenada
-
-
-
-
-
-
-
-
-
$7,000
$7,000
$7,000
Renta vehículo utilitario Cd. Delicias, Chihuahua
-
-
-
-
-
-
-
-
-
-
-
-
Relacionado a Oficinas
$6,000
$6,000
$6,000
$6,000
$6,000
$19,500
$19,500
$19,500
$19,500
$19,500
$19,500
$19,500
Renta de bodega
$5,000
$5,000
$5,000
$5,000
$5,000
$18,000
$18,000
$18,000
$18,000
$18,000
$18,000
$18,000
Papelería y gastos varios de oficina
$1,000
$1,000
$1,000
$1,000
$1,000
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
Tecnología
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
Investigación y desarrollo
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
Administración
-
$30,000
$60,000
$90,000
$30,000
-
-
-
-
-
-
-
Certificados Orgánicos OMRI - Productos: Allegro
-
$30,000
-
-
-
-
-
-
-
-
-
-
Certificados Orgánicos OMRI - Productos: Vivace y H+Organic
-
-
$60,000
-
-
-
-
-
-
-
-
-
Certificados Orgánicos OMRI - Productos: öbelo, Cadence y Rinox
-
-
-
$90,000
-
-
-
-
-
-
-
-
Certificado Orgánico: ADW-79
-
-
-
-
$30,000
-
-
-
-
-
-
-
Otros
$3,000
$600
$600
$5,600
$25,600
$33,600
$600
$600
$8,600
$37,600
$600
$13,600
Folletos
$3,000
$600
$600
$600
$600
$600
$600
$600
$600
$600
$600
$600
Banners y Lonas
-
-
-
-
-
$3,000
-
-
$3,000
-
-
$3,000
Publicidad en revistas especializadas
-
-
-
-
-
$5,000
-
-
-
$12,000
-
-
Stands en Expos Agrícolas
-
-
-
-
$25,000
$25,000
-
-
-
$25,000
-
-
Gasto de personal
29
Utilidad Neta Año 1 Material publicitario (gorras, plumas, mochilas, sombreros, etc.)
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
-
-
-
$5,000
-
-
-
-
$5,000
-
-
$10,000
$27,939
$66,389
$129,613
$85,389
$194,977
$234,599
$236,759
$66,497
$192,837
$249,951
$297,931
$295,221
20%
24%
25%
17%
31%
38%
42%
18%
39%
29%
34%
33%
Otros Gastos
-
$275
$1,025
$1,400
$1,566
$1,566
$1,566
$1,566
$1,566
$1,566
$1,566
$1,566
Intereses
-
-
-
-
-
-
-
-
-
-
-
-
Impuestos
-
-
-
-
-
-
-
-
-
-
-
-
Depreciación
-
$275
$1,025
$1,400
$1,566
$1,566
$1,566
$1,566
$1,566
$1,566
$1,566
$1,566
Margen Neto
$27,939
$66,114
$128,588
$83,989
$193,410
$233,032
$235,192
$64,930
$191,270
$248,384
$296,364
$293,654
20%
24%
25%
16%
31%
38%
42%
18%
39%
29%
34%
33%
Margen Operativo Margen Operativo %
Margen Neto %
30
Utilidad Neta Año 2
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
Total de Ingresos
$918,800
$910,740
$1,007,060
$1,020,420
$1,159,180
$1,202,720
$1,050,660
$861,760
$1,044,560
$1,371,160
$1,576,504
$1,617,688
Vivace
$60,840
$60,840
$81,120
$81,120
$101,400
$121,680
$101,400
$60,840
$60,840
$81,120
$101,400
$121,680
Sil Master 12x1 L
$13,800
$55,200
$55,200
$13,800
$13,800
$41,400
$13,800
-
-
$41,400
$27,600
$27,600
Eco Wet
$128,040
$128,040
$158,400
$158,400
$99,000
$99,000
$27,720
$99,000
$59,400
$158,400
$198,000
$217,800
Secuence
$138,000
$124,200
$124,200
$110,400
$110,400
$104,880
$104,880
$96,600
$110,400
$110,400
$138,000
$138,000
Lec 350
$49,500
$45,000
$45,000
$18,000
$49,500
$49,500
$49,500
$49,500
$54,000
$63,000
$63,000
$63,000
Allegro
$126,360
$126,360
$140,400
$168,480
$187,200
$280,800
$280,800
$140,400
$168,480
$196,560
$280,800
$280,800
ADW-79
$68,000
$51,000
$68,000
$102,000
$102,000
$68,000
$68,000
$51,000
$68,000
$102,000
$136,000
$136,000
DBS
$31,200
$15,600
$31,200
$62,400
$93,600
$93,600
$62,400
$46,800
$46,800
$93,600
$156,000
$156,000
Andante
$39,780
$39,780
$13,260
$13,260
$132,600
$132,600
$176,800
$176,800
$265,200
$176,800
$66,300
$39,780
Rubato
$33,840
$56,400
$56,400
$56,400
$56,400
$22,560
$22,560
$22,560
$45,120
$112,800
$112,800
$112,800
Óbelo
$71,280
$71,280
$71,280
$71,280
$38,880
$32,400
$6,480
$23,220
$71,280
$70,200
$81,000
$97,200
Rinox
$26,880
$26,880
$33,600
$33,600
$33,600
$33,600
$33,600
$13,440
$13,440
$33,600
$67,200
$67,200
Cadence
$85,680
$71,400
$85,680
$85,680
$95,200
$71,400
$57,120
$42,840
$42,840
$85,680
$97,104
$108,528
H+ Organic
$45,600
$38,760
$43,320
$45,600
$45,600
$51,300
$45,600
$38,760
$38,760
$45,600
$51,300
$51,300
Costos de Venta
$447,627
$424,127
$464,019
$475,061
$529,341
$505,083
$444,629
$420,571
$506,577
$641,071
$715,483
$725,815
Costo de Venta Estandar
$447,627
$424,127
$464,019
$475,061
$529,341
$505,083
$444,629
$420,571
$506,577
$641,071
$715,483
$725,815
$221
$221
$221
$221
$221
$221
$221
$221
$221
$221
$221
$221
LEC350 Costos
$27,390
$24,900
$24,900
$9,960
$27,390
$27,390
$27,390
$27,390
$29,880
$34,860
$34,860
$34,860
Secuence Costos
$87,600
$78,840
$78,840
$70,080
$70,080
$66,576
$66,576
$61,320
$70,080
$70,080
$87,600
$87,600
Eco Wet costos
$90,792
$90,792
$112,320
$112,320
$70,200
$70,200
$19,656
$70,200
$42,120
$112,320
$140,400
$154,440
Vivace Costos
31
Utilidad Neta Año 2
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
Allegro Costos
$29,160
$29,160
$32,400
$38,880
$43,200
$64,800
$64,800
$32,400
$38,880
$45,360
$64,800
$64,800
Sil Master costos
$3,090
$12,360
$12,360
$3,090
$3,090
$9,270
$3,090
-
-
$9,270
$6,180
$6,180
ADW-79 Costos
$52,720
$39,540
$52,720
$79,080
$79,080
$52,720
$52,720
$39,540
$52,720
$79,080
$105,440
$105,440
DBS Costos
$10,140
$5,070
$10,140
$20,280
$30,420
$30,420
$20,280
$15,210
$15,210
$30,420
$50,700
$50,700
Andante Costos
$24,750
$24,750
$8,250
$8,250
$82,500
$82,500
$110,000
$110,000
$165,000
$110,000
$41,250
$24,750
Rubato Costos
$10,224
$17,040
$17,040
$17,040
$17,040
$6,816
$6,816
$6,816
$13,632
$34,080
$34,080
$34,080
Óbelo Costos
$31,680
$31,680
$31,680
$31,680
$17,280
$14,400
$2,880
$10,320
$31,680
$31,200
$36,000
$43,200
Rinox Costos
$17,280
$17,280
$21,600
$21,600
$21,600
$21,600
$21,600
$8,640
$8,640
$21,600
$43,200
$43,200
Cadence Costos
$41,940
$34,950
$41,940
$41,940
$46,600
$34,950
$27,960
$20,970
$20,970
$41,940
$47,532
$53,124
H+ Organic
$20,640
$17,544
$19,608
$20,640
$20,640
$23,220
$20,640
$17,544
$17,544
$20,640
$23,220
$23,220
Margen Bruto
$471,173
$486,613
$543,041
$545,359
$629,839
$697,637
$606,031
$441,189
$537,983
$730,089
$861,021
$891,873
51%
53%
53%
53%
54%
58%
57%
51%
51%
53%
54%
55%
Gastos Fijos
$197,900
$162,900
$172,900
$201,250
$241,250
$275,250
$212,250
$212,250
$231,250
$242,250
$212,250
$227,250
personal
$113,400
$113,400
$113,400
$141,750
$141,750
$141,750
$141,750
$141,750
$141,750
$141,750
$141,750
$141,750
Sueldos y Salarios
$84,000
$84,000
$84,000
$105,000
$105,000
$105,000
$105,000
$105,000
$105,000
$105,000
$105,000
$105,000
Administración
$16,800
$16,800
$16,800
$16,800
$16,800
$16,800
$16,800
$16,800
$16,800
$16,800
$16,800
$16,800
Ayudante General 1
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
Ayudante General 2
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
Dirección
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
Asistente administrativa
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
$8,400
Vendedor Ensenada, BC
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
Margen Bruto%
32
Utilidad Neta Año 2 Vendedor Cd. Delicias, Chihuahua
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
-
-
-
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
$21,000
Gasto de personal
$29,400
$29,400
$29,400
$36,750
$36,750
$36,750
$36,750
$36,750
$36,750
$36,750
$36,750
$36,750
Servicios
$7,000
$7,000
$7,000
$7,000
$14,000
$14,000
$14,000
$14,000
$14,000
$14,000
$14,000
$14,000
Renta de vehículo utilitario Ensenada
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
-
-
-
-
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
Relacionado a Oficinas
$19,500
$19,500
$19,500
$19,500
$19,500
$20,500
$20,500
$20,500
$20,500
$20,500
$20,500
$20,500
Renta de bodega
$18,000
$18,000
$18,000
$18,000
$18,000
$19,000
$19,000
$19,000
$19,000
$19,000
$19,000
$19,000
Papelería y gastos varios de oficina
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
Tecnología
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
Investigación y desarrollo
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
Administración
-
-
-
-
-
-
-
-
-
-
-
-
Certificados Orgánicos OMRI - Productos: Allegro
-
-
-
-
-
-
-
-
-
-
-
-
Certificados Orgánicos OMRI - Productos: Vivace y H+Organic
-
-
-
-
-
-
-
-
-
-
-
-
Certificados Orgánicos OMRI - Productos: öbelo, Cadence y Rinox
-
-
-
-
-
-
-
-
-
-
-
-
Certificado Orgánico: ADW-79
-
-
-
-
-
-
-
-
-
-
-
-
Otros
$36,000
$1,000
$9,000
$9,000
$31,000
$64,000
$1,000
$1,000
$20,000
$31,000
$1,000
$16,000
Folletos
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
Banners y Lonas
-
-
-
-
-
$3,000
-
-
$3,000
-
-
$3,000
Publicidad en revistas especializadas
-
-
$8,000
-
-
-
-
-
$8,000
-
-
-
$35,000
-
-
-
$30,000
$60,000
-
-
-
$30,000
-
-
-
-
-
$8,000
-
-
-
-
$8,000
-
-
$12,000
Renta vehículo utilitario Cd. Delicias, Chihuahua
Stands en Expos Agrícolas Material publicitario (gorras, plumas, mochilas, sombreros, etc.)
33
Utilidad Neta Año 2 Margen Operativo
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
$273,273
$323,713
$370,141
$344,109
$388,589
$422,387
$393,781
$228,939
$306,733
$487,839
$648,771
$664,623
29%
35%
36%
33%
33%
35%
37%
26%
29%
35%
41%
41%
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$3,233
$3,233
Intereses
-
-
-
-
-
-
-
-
-
-
-
-
Impuestos
-
-
-
-
-
-
-
-
-
-
-
-
Depreciación
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$3,233
$3,233
Margen Neto
$270,873
$321,313
$367,741
$341,709
$386,189
$419,987
$391,381
$226,539
$304,333
$485,439
$645,537
$661,389
29%
35%
36%
33%
33%
34%
37%
26%
29%
35%
40%
40%
Margen Operativo % Otros Gastos
Margen Neto %
34
Utilidad Neta Año 3 Total de Ingresos
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
$1,624,820
$1,567,564
$1,543,620
$1,360,520
$1,411,720
$1,500,040
$1,332,560
$1,119,540
$1,355,840
$1,861,004
$2,256,148
$2,641,200
Vivace
$121,680
$121,680
$81,120
$81,120
$101,400
$121,680
$101,400
$60,840
$60,840
$202,800
$283,920
$405,600
Sil Master 12x1 L
$13,800
$13,800
$41,400
$13,800
$13,800
$41,400
$13,800
-
-
$138,000
$193,200
$193,200
Eco Wet
$217,800
$217,800
$217,800
$158,400
$99,000
$99,000
$59,400
$128,040
$128,040
$190,080
$198,000
$217,800
Secuence
$138,000
$138,000
$151,800
$151,800
$138,000
$104,880
$104,880
$96,600
$110,400
$138,000
$193,200
$276,000
Lec 350
$49,500
$63,000
$45,000
$40,500
$54,000
$90,000
$60,000
$60,000
$60,000
$40,500
$45,000
$45,000
Allegro
$280,800
$238,680
$187,200
$168,480
$187,200
$280,800
$280,800
$187,200
$196,560
$196,560
$280,800
$280,800
ADW-79
$85,000
$102,000
$102,000
$102,000
$102,000
$102,000
$102,000
$68,000
$68,000
$102,000
$102,000
$102,000
DBS
$171,600
$156,000
$124,800
$140,400
$156,000
$156,000
$78,000
$78,000
$140,400
$156,000
$208,000
$208,000
Andante
$66,300
$66,300
$66,300
$66,300
$132,600
$132,600
$176,800
$176,800
$265,200
$176,800
$66,300
$79,560
Rubato
$150,400
$150,400
$225,600
$150,400
$150,400
$150,400
$150,400
$90,240
$90,240
$150,400
$225,600
$225,600
Óbelo
$97,200
$81,000
$71,280
$71,280
$38,880
$32,400
$16,200
$23,220
$71,280
$162,000
$216,000
$324,000
Rinox
$67,200
$73,920
$67,200
$44,800
$67,200
$60,480
$60,480
$33,600
$33,600
$53,760
$67,200
$89,600
Cadence
$114,240
$97,104
$114,240
$114,240
$114,240
$71,400
$71,400
$71,400
$85,680
$97,104
$108,528
$114,240
H+ Organic
$51,300
$47,880
$47,880
$57,000
$57,000
$57,000
$57,000
$45,600
$45,600
$57,000
$68,400
$79,800
Costos de Venta
$711,441
$704,485
$709,913
$626,881
$634,111
$632,617
$576,707
$531,577
$646,127
$786,387
$875,595
$1,020,801
Costo de Venta Estandar
$711,441
$704,485
$709,913
$626,881
$634,111
$632,617
$576,707
$531,577
$646,127
$786,387
$875,595
$1,020,801
$221
$221
$221
$221
$221
$221
$221
$221
$221
$221
$221
$221
LEC350 Costos
$27,390
$34,860
$24,900
$22,410
$29,880
$49,800
$33,200
$33,200
$33,200
$22,410
$24,900
$24,900
Secuence Costos
$87,600
$87,600
$96,360
$96,360
$87,600
$66,576
$66,576
$61,320
$70,080
$87,600
$122,640
$175,200
Eco Wet costos
$154,440
$154,440
$154,440
$112,320
$70,200
$70,200
$42,120
$90,792
$90,792
$134,784
$140,400
$154,440
Vivace Costos
35
Utilidad Neta Año 3
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
Allegro Costos
$64,800
$55,080
$43,200
$38,880
$43,200
$64,800
$64,800
$43,200
$45,360
$45,360
$64,800
$64,800
Sil Master costos
$3,090
$3,090
$9,270
$3,090
$3,090
$9,270
$3,090
-
-
$30,900
$43,260
$43,260
ADW-79 Costos
$65,900
$79,080
$79,080
$79,080
$79,080
$79,080
$79,080
$52,720
$52,720
$79,080
$79,080
$79,080
DBS Costos
$55,770
$50,700
$40,560
$45,630
$50,700
$50,700
$25,350
$25,350
$45,630
$50,700
$67,600
$67,600
Andante Costos
$41,250
$41,250
$41,250
$41,250
$82,500
$82,500
$110,000
$110,000
$165,000
$110,000
$41,250
$49,500
Rubato Costos
$45,440
$45,440
$68,160
$45,440
$45,440
$45,440
$45,440
$27,264
$27,264
$45,440
$68,160
$68,160
Óbelo Costos
$43,200
$36,000
$31,680
$31,680
$17,280
$14,400
$7,200
$10,320
$31,680
$72,000
$96,000
$144,000
Rinox Costos
$43,200
$47,520
$43,200
$28,800
$43,200
$38,880
$38,880
$21,600
$21,600
$34,560
$43,200
$57,600
Cadence Costos
$55,920
$47,532
$55,920
$55,920
$55,920
$34,950
$34,950
$34,950
$41,940
$47,532
$53,124
$55,920
H+ Organic
$23,220
$21,672
$21,672
$25,800
$25,800
$25,800
$25,800
$20,640
$20,640
$25,800
$30,960
$36,120
Margen Bruto
$913,379
$863,079
$833,707
$733,639
$777,609
$867,423
$755,853
$587,963
$709,713
$1,074,617
$1,380,553
$1,620,399
56%
55%
54%
53%
55%
57%
56%
52%
52%
57%
61%
61%
Gastos Fijos
$269,337
$219,337
$229,337
$229,337
$249,337
$285,337
$220,337
$220,337
$245,337
$250,337
$220,337
$240,337
personal
$148,837
$148,837
$148,837
$148,837
$148,837
$148,837
$148,837
$148,837
$148,837
$148,837
$148,837
$148,837
Sueldos y Salarios
$110,250
$110,250
$110,250
$110,250
$110,250
$110,250
$110,250
$110,250
$110,250
$110,250
$110,250
$110,250
Administración
$17,640
$17,640
$17,640
$17,640
$17,640
$17,640
$17,640
$17,640
$17,640
$17,640
$17,640
$17,640
Ayudante General 1
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
Ayudante General 2
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
Dirección
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
Asistente administrativa
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
$8,820
Vendedor Ensenada, BC
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
Margen Bruto%
36
Utilidad Neta Año 3
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
Vendedor Cd. Delicias, Chihuahua
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
$22,050
Gasto de personal
$38,587
$38,587
$38,587
$38,587
$38,587
$38,587
$38,587
$38,587
$38,587
$38,587
$38,587
$38,587
Servicios
$14,000
$14,000
$14,000
$14,000
$14,000
$14,000
$14,000
$14,000
$14,000
$14,000
$14,000
$14,000
Renta de vehículo utilitario Ensenada
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
Renta vehículo utilitario Cd. Delicias, Chihuahua
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
$7,000
Relacionado a Oficinas
$20,500
$20,500
$20,500
$20,500
$20,500
$21,500
$21,500
$21,500
$21,500
$21,500
$21,500
$21,500
Renta de bodega
$19,000
$19,000
$19,000
$19,000
$19,000
$20,000
$20,000
$20,000
$20,000
$20,000
$20,000
$20,000
Papelería y gastos varios de oficina
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
$1,500
Tecnología
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
Investigación y desarrollo
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
$2,000
Administración
-
-
-
-
-
-
-
-
-
-
-
-
Certificados Orgánicos OMRI - Productos: Allegro
-
-
-
-
-
-
-
-
-
-
-
-
Certificados Orgánicos OMRI - Productos: Vivace y H+Organic
-
-
-
-
-
-
-
-
-
-
-
-
Certificados Orgánicos OMRI - Productos: öbelo, Cadence y Rinox
-
-
-
-
-
-
-
-
-
-
-
-
Certificado Orgánico: ADW-79
-
-
-
-
-
-
-
-
-
-
-
-
Otros
$51,000
$1,000
$11,000
$11,000
$31,000
$66,000
$1,000
$1,000
$26,000
$31,000
$1,000
$21,000
Folletos
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
$1,000
Banners y Lonas
-
-
-
-
-
$5,000
-
-
$5,000
-
-
$5,000
Publicidad en revistas especializadas
-
-
$10,000
-
-
-
-
-
$10,000
-
-
-
$50,000
-
-
-
$30,000
$60,000
-
-
-
$30,000
-
-
-
-
-
$10,000
-
-
-
-
$10,000
-
-
$15,000
Stands en Expos Agrícolas Material publicitario (gorras, plumas, mochilas, sombreros, etc.)
37
Utilidad Neta Año 3 Margen Operativo
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
$644,041
$643,741
$604,369
$504,301
$528,271
$582,085
$535,515
$367,625
$464,375
$824,279
$1,160,215
$1,380,061
39%
41%
39%
37%
37%
38%
40%
32%
34%
44%
51%
52%
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
Intereses
-
-
-
-
-
-
-
-
-
-
-
-
Impuestos
-
-
-
-
-
-
-
-
-
-
-
-
Depreciación
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
Margen Neto
$641,641
$641,341
$601,969
$501,901
$525,871
$579,685
$533,115
$365,225
$461,975
$821,879
$1,157,815
$1,377,661
39%
40%
39%
36%
37%
38%
40%
32%
34%
44%
51%
52%
Margen Operativo % Otros Gastos
Margen Neto %
38
Flujo de Efectivo Flujo de Efectivo Año 1 Flujo de Efectivo en Operaciones
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
($129,287)
($95,932)
($167,138)
$66,250
$23,022
$236,969
$292,777
$297,648
$23,390
($160,852)
$245,038
$245,988
$27,939
$66,114
$128,588
$83,989
$193,410
$233,032
$235,192
$64,930
$191,270
$248,384
$296,364
$293,654
Depreciaciones y Amortizaciones
-
$275
$1,025
$1,400
$1,567
$1,567
$1,567
$1,567
$1,567
$1,567
$1,567
$1,567
Cambios en Cuentas por Pagar
-
-
-
-
-
-
-
-
-
-
-
-
Cambios en Inventario
-
-
-
-
-
-
-
-
-
-
-
-
Impuestos de Inventario
-
-
-
-
-
-
-
-
-
-
-
-
($157,226)
($155,881)
($278,818)
$10,542
($140,485)
$16,774
$56,863
$240,886
($158,410)
($406,070)
($26,030)
($27,840)
Cambios en Impuestos sobre Ventas
-
($6,440)
($17,933)
($29,681)
($31,469)
($14,404)
($845)
($9,734)
($11,037)
($4,733)
($26,862)
($21,393)
Cambios en Impuestos sobre Ganancias
-
-
-
-
-
-
-
-
-
-
-
-
Cambio en Ingresos cobrados por Adelantado
-
-
-
-
-
-
-
-
-
-
-
-
Flujo de Efectivo en Inversiones
($19,140)
($52,200)
($26,100)
($11,600)
-
-
-
-
-
-
-
-
Compra/Venta de Activos
($16,500)
($45,000)
($22,500)
($10,000)
-
-
-
-
-
-
-
-
Impuestos de Activos
($2,640)
($7,200)
($3,600)
($1,600)
-
-
-
-
-
-
-
-
Flujo de Efectivo por Financiamiento
$170,100
$170,100
$170,100
$170,100
-
-
-
-
-
-
-
-
Inversiones
$170,100
$170,100
$170,100
$170,100
-
-
-
-
-
-
-
-
Dividendos
-
-
-
-
-
-
-
-
-
-
-
-
Cambio en Deuda a Corto Plazo
-
-
-
-
-
-
-
-
-
-
-
-
Cambio en Deuda a Largo Plazo
-
-
-
-
-
-
-
-
-
-
-
-
Utilidad Neta
Cambios en Cuentas por Cobrar
Flujo al Inicio del Periodo
-
$21,673
$43,641
$20,503
$245,253
$268,275
$505,244
$798,022
$1,095,670
$1,119,060
$958,208
$1,203,247
Flujo de Efectivo del Periodo
$21,673
$21,968
($23,138)
$224,750
$23,022
$236,969
$292,777
$297,648
$23,390
($160,852)
$245,038
$245,988
Flujo de Efectivo Acumulado
$21,673
$43,641
$20,503
$245,253
$268,275
$505,244
$798,022
$1,095,670
$1,119,060
$958,208
$1,203,247
$1,449,234
39
Flujo de Efectivo Año 2
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
Flujo de Efectivo en Operaciones
$213,541
$312,284
$242,005
$309,287
$217,333
$366,927
$548,871
$441,252
$82,581
$108,241
$407,165
$613,925
Utilidad Neta
$270,873
$321,313
$367,741
$341,709
$386,189
$419,987
$391,381
$226,539
$304,333
$485,439
$645,538
$661,390
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$3,233
$3,233
Cambios en Cuentas por Pagar
-
-
-
-
-
-
-
-
-
-
-
-
Cambios en Inventario
-
-
-
-
-
-
-
-
-
-
-
-
Impuestos de Inventario
-
-
-
-
-
-
-
-
-
-
-
-
Cambios en Cuentas por Cobrar
($40,113)
$9,350
($111,731)
($15,498)
($160,962)
($50,506)
$176,390
$219,124
($212,048)
($378,856)
($238,199)
($47,773)
Cambios en Impuestos sobre Ventas
($19,619)
($20,779)
($16,404)
($19,325)
($10,295)
($4,954)
($21,300)
($6,811)
($12,104)
($742)
($3,407)
($2,925)
Cambios en Impuestos sobre Ganancias
-
-
-
-
-
-
-
-
-
-
-
-
Cambio en Ingresos cobrados por Adelantado
-
-
-
-
-
-
-
-
-
-
-
-
Flujo de Efectivo en Inversiones
-
-
-
-
-
-
-
-
-
($58,000)
-
-
Compra/Venta de Activos
-
-
-
-
-
-
-
-
-
($50,000)
-
-
Impuestos de Activos
-
-
-
-
-
-
-
-
-
($8,000)
-
-
Flujo de Efectivo por Financiamiento
-
-
-
-
-
-
-
-
-
-
-
-
Inversiones
-
-
-
-
-
-
-
-
-
-
-
-
Dividendos
-
-
-
-
-
-
-
-
-
-
-
-
Cambio en Deuda a Corto Plazo
-
-
-
-
-
-
-
-
-
-
-
-
Cambio en Deuda a Largo Plazo
-
-
-
-
-
-
-
-
-
-
-
-
$1,449,234
$1,662,775
$1,975,059
$2,217,065
$2,526,351
$2,743,684
$3,110,611
$3,659,482
$4,100,734
$4,183,315
$4,233,556
$4,640,721
Flujo de Efectivo del Periodo
$213,541
$312,284
$242,005
$309,287
$217,333
$366,927
$548,871
$441,252
$82,581
$50,241
$407,165
$613,925
Flujo de Efectivo Acumulado
$1,662,775
$1,975,059
$2,217,065
$2,526,351
$2,743,684
$3,110,611
$3,659,482
$4,100,734
$4,183,315
$4,233,556
$4,640,721
$5,254,646
Depreciaciones y Amortizaciones
Flujo al Inicio del Periodo
40
Flujo de Efectivo Año 3
Mes 1
Mes 2
Mes 3
Mes 4
Mes 5
Mes 6
Mes 7
Mes 8
Mes 9
Mes 10
Mes 11
Mes 12
Flujo de Efectivo en Operaciones
$628,967
$705,566
$632,084
$712,076
$462,633
$466,241
$728,698
$604,477
$187,673
$229,110
$691,100
$915,012
Utilidad Neta
$641,642
$641,342
$601,970
$501,902
$525,872
$579,686
$533,116
$365,226
$461,976
$821,880
$1,157,816
$1,377,662
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
$2,400
Cambios en Cuentas por Pagar
-
-
-
-
-
-
-
-
-
-
-
-
Cambios en Inventario
-
-
-
-
-
-
-
-
-
-
-
-
Impuestos de Inventario
-
-
-
-
-
-
-
-
-
-
-
-
Cambios en Cuentas por Cobrar
($8,273)
$66,417
$27,775
$212,396
($59,392)
($102,451)
$194,277
$247,103
($274,108)
($585,990)
($458,367)
($446,660)
Cambios en Impuestos sobre Ventas
($6,801)
($4,592)
($61)
($4,622)
($6,246)
($13,393)
($1,094)
($10,252)
($2,595)
($9,180)
($10,748)
($18,389)
Cambios en Impuestos sobre Ganancias
-
-
-
-
-
-
-
-
-
-
-
-
Cambio en Ingresos cobrados por Adelantado
-
-
-
-
-
-
-
-
-
-
-
-
Flujo de Efectivo en Inversiones
-
-
-
-
-
-
-
-
-
-
-
-
Compra/Venta de Activos
-
-
-
-
-
-
-
-
-
-
-
-
Impuestos de Activos
-
-
-
-
-
-
-
-
-
-
-
-
Flujo de Efectivo por Financiamiento
-
-
-
-
-
-
-
-
-
-
-
-
Inversiones
-
-
-
-
-
-
-
-
-
-
-
-
Dividendos
-
-
-
-
-
-
-
-
-
-
-
-
Cambio en Deuda a Corto Plazo
-
-
-
-
-
-
-
-
-
-
-
-
Cambio en Deuda a Largo Plazo
-
-
-
-
-
-
-
-
-
-
-
-
$5,254,646
$5,883,614
$6,589,180
$7,221,263
$7,933,339
$8,395,972
$8,862,213
$9,590,911
$10,195,388
$10,383,061
$10,612,171
$11,303,271
$628,967
$705,566
$632,084
$712,076
$462,633
$466,241
$728,698
$604,477
$187,673
$229,110
$691,100
$915,012
Depreciaciones y Amortizaciones
Flujo al Inicio del Periodo Flujo de Efectivo del Periodo
41
Flujo de Efectivo Año 3 Flujo de Efectivo Acumulado
Mes 1 $5,883,614
Mes 2 $6,589,180
Mes 3 $7,221,263
Mes 4 $7,933,339
Mes 5 $8,395,972
Mes 6 $8,862,213
Mes 7 $9,590,911
Mes 8 $10,195,388
Mes 9 $10,383,061
Mes 10 $10,612,171
Mes 11 $11,303,271
Mes 12 $12,218,283
42
