Universidad Autónoma

De Yucatán
Facultad de Contaduría
y Administración
Asignatura:
Matématicas Financieras

Tema:
EVALUACION A LARGO PLA
UNIDAD V - ADA 2
Integrantes:
EQUIPO 8
Escalante Villanueva Carlos
Garcia Rejon Cristian Anton
Gónzalez Sagahón Jorge Alb
Sanchez Gonzalez Jose Anto
Sanchez Vargas Yarabi Anai
Paredes Canto Jose Eduardo

Profesor(a):
JOSE TRINIDAD DOMINGUE
dad Autónoma
Yucatán
de Contaduría
ministración

cas Financieras

CION A LARGO PLAZO

NIDAD V - ADA 2

e Villanueva Carlos Iván 100%

ejon Cristian Antonio 100%
z Sagahón Jorge Alberto 100%
Gonzalez Jose Antonio 100%
Vargas Yarabi Anairam 100%

Canto Jose Eduardo 100%

NIDAD DOMINGUEZ NAVARRO

La cadena de hoteles Terranova, está considerando la con
habitaciones. El costo actual de construcción es de $580,0
un reemplazo a los 10 y a los 20 años con costo aproximad
de capital por el desecho del mismo. También se estiman g
de $12,000,000; prima vacacional y aguinaldo anual de $2,
por $3,000,000. La tarifa por cuarto será de $1500 por noc
de planificación de 30 años para evaluar nuevas empresas
del edificio del 20% del costo inicial. Se espera una ocupac
semestres del 1 al 4; 18200 habitaciones en los semestres
24800 en los semestres del 13 al 16, y finalmente de 30000
Considerando una tasa de rendimiento mínima atractiva de

a) Base su respuesta en el VPN

b) ¿Qué dice la TIR al respecto?
 onsiderando la construcción de un hotel en Isla Mujeres con 200
cción es de $580,000,000; la firma estima que el mobiliario para el hotel requerirá
on costo aproximado de $2,500,000 en cada año sin posibilidad de recuperación
mbién se estiman gastos de mantenimiento anuales de $800,000; salarios anuale
inaldo anual de $2,000,000; impuestos anuales de $2,500,000 e insumos anuales
á de $1500 por noche y por habitación. La firma hotelera utilizará un horizonte
r nuevas empresas de este tipo, al término del cual se espera un valor de desecho
espera una ocupación semestral promedio de 12000 habitaciones en los
s en los semestres del 5 al 8; 24000 habitaciones en los semestres del 9 al 12;
inalmente de 30000 habitaciones en los semestres del 17 en adelante.
mínima atractiva de 6% efectivo, ¿Se debería construir el hotel?
a el hotel requerirá
d de recuperación
00; salarios anuales
e insumos anuales
á un horizonte
un valor de desecho
nes en los
stres del 9 al 12;
delante.
TASA 6.00%
TREMA 2.9563%
VNA $789,671,894.42
VPN $209,671,894.42
TIR 4.1991%
TIR > TREMA
EL PROYECTO ES RENTABLE
BIMESTRES
PERIODO INVERSIÓN INICIAL REEMPLAZO
0 -$580,000,000.00
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20 -$2,500,000.00
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40 -$2,500,000.00
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
 SALARIO ANUAL PRIMA VA Y AGUINAL IMPUESTOS

-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00

$-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
$- $- $-
-$800,000.00 -$12,000,000.00 -$2,000,000.00 -$2,500,000.00
 INSUM. AN. INGRESOS VALOR DE DESCH. FLUJO NETO
-$580,000,000.00
$18,000,000.00 $18,000,000.00
-$3,000,000.00 $18,000,000.00 -$2,300,000.00
$18,000,000.00 $18,000,000.00
-$3,000,000.00 $18,000,000.00 -$2,300,000.00
$27,300,000.00 $27,300,000.00
-$3,000,000.00 $27,300,000.00 $7,000,000.00
$27,300,000.00 $27,300,000.00
-$3,000,000.00 $27,300,000.00 $7,000,000.00
$- $36,000,000.00 $36,000,000.00
-$3,000,000.00 $36,000,000.00 $15,700,000.00
$- $36,000,000.00 $36,000,000.00
-$3,000,000.00 $36,000,000.00 $15,700,000.00
$- $37,200,000.00 $37,200,000.00
-$3,000,000.00 $37,200,000.00 $16,900,000.00
$- $37,200,000.00 $37,200,000.00
-$3,000,000.00 $37,200,000.00 $16,900,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $22,200,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
 -$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $22,200,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $24,700,000.00
$- $45,000,000.00 $45,000,000.00
-$3,000,000.00 $45,000,000.00 $116,000,000.00 $140,700,000.00
 CONCLUSION

Podemos observar que la TIR nos indica que es viable el proyecto hotele
e el proyecto hotelero, esto nos sirvio más que nada para evitar riesgos financieros.
iesgos financieros.