Impuestos

UNIVERSIDAD TECNOLÓGICA DE AGUASCALIENTES

ALUMNA:
Denice Olmos Sepúlveda

CARRERA:
Ingeniería Financiera Fiscal

MATERIA:
Integradora II

GRADO Y GRUPO:
4° “A”

PROFESOR:
EnriqueJiménez de la Hoya

AGUASCALIENTES AGS., A 09 de Diciembre del 2011.

Integradora II


CONCEPTO | 2000 | 2001 | 2002 | 2003 | | |
VENTAS | 3,906,744 | 3,918,860 | 4,566,580 | 5,098,871 || |
% | 100% | 100 | 117 | 131 | | |
| | | | | CREDITO ACUM. | 80% |
| | | | | PROM. CRECIM. | 20% |
| | | | | | |
Año | 2000 | 2001 | 2002 | 2003 | | |
ventas | 100%| 100% | 117% | 131% | | |










| | | | | |
| COSTO DE DEUDA | |
| | | | | |
AÑO 2000 | |
  | FINANCIAMIENTO | COSTO DE FINANCIAMIENTO | PROPORCIÓN| TOTAL | |
| | | | | |
Banamex | 913,093 | 17% | 0.63 | 0.11 | |
Banorte | 543,009 | 14% | 0.37 | 0.05 | |
| 1,456,102 | | | 0.16 | |
| | | | | |
| | | | | |AÑO 2001 | |
  | FINANCIAMIENTO | COSTO DE FINANCIAMIENTO | PROPORCIÓN | TOTAL | |
| | | | | |
Banamex | 849,673 | 17% | 0.56 | 0.10 | |
Banorte | 657,513 | 14% | 0.44 | 0.06 | |
|1,507,186 | | | 0.16 | |
| | | | | |
| | | | | |
AÑO 2002 | |
  | FINANCIAMIENTO | COSTO DE FINANCIAMIENTO | PROPORCIÓN | TOTAL | |
| | | | | |
Banamex | 1,295,799 |17% | 0.74 | 0.13 | |
Banorte | 462,558 | 14% | 0.26 | 0.04 | |
| 1,758,357 | | | 0.16 | |
| | | | | |
| | | | | |
AÑO 2003 | |
  | FINANCIAMIENTO | COSTO DEFINANCIAMIENTO | PROPORCIÓN | TOTAL | |
| | | | | |
Banamex | 1,216,026 | 17% | 0.60 | 0.10 | |
Banorte | 802,025 | 14% | 0.40 | 0.06 | |
| 2,018,051 | | | 0.16 | |
| | | | | |COSTO DE CAPITAL |
| | | | | |
CAPM=RM+(BETA*(RM-TLR)) | | | |
| | | | | |
| RM | BETA | TLR | | |
CAPM= | 13% | 1.8 | 5% | | |
CAPM= | 0.274 | |...