Apalancamiento operativo financiero y total de una empresa comercial periodos 2017 y 2016 como determinantes de su crecimiento financiero.

Abstract

The primary focus of this work is to focus on the analysis and relationship as a starting point for calculating the financial and total operating leverage of the comercial Company Marcimex SA. The objective of defining risks and knowing the limits of this Company due to debt hinders Marcimex SA because there is no financial support to bring in well certified personnel to help make key administrative decisions to efficiently meet organizational goals. In reference to the Company’s operating leverage, relationship between variable costs and fixed costs for 2016/2017 period was taken into consideration, to calcuate if there was an increase or decrease in Marcimex SA operating profit. Components such as incurred company debt along with generated interest is a key influence for financial leverage. If Marcimex SA can obtain a positive leverage, the company will not suffer a pre-tax loss simply because the organization is paying interest on time. Total leverage was determined by the operating and financial leverage. The impact of sales on profit for the year had a positive correlation with company success. The investigation in general proposes a financial diagnosis to know the status and limits of the debt of the comapy. The methodology that has been used was based on a descriptive exploratory design.