Evaluación rentable en proyectos de inversión con respecto al presupuesto de capital y los criterios de decision.

Abstract

Before making the decision to invest in a given project, a company embarks on a rigorous analysis process, in order to establish a point of comparison between the profitability and the cost of capital applied, for this they usually rely on the capital budget since they are closely related to long-term investments and evaluation criteria, which is why it is intended to begin to demonstrate the practices of these tools through the study of a case study to determine the impact it has on decision making, for this, economic, accounting and financial information has been taken from an investment project, of which two proposals have been established; proposal 1 presented a NPV of 3,017,265.77, the IRR was 16.73%, the PRI would obtain it at 8 years, 3 months and 4 days, with an accounting yield of 62.15% and the cost Annual equivalent was 308,701.30; and, while in proposal 2 the NPV showed a value of 7,740,991.64, with an IRR of 25.89%, the PRI would obtain it at 4 years, 5 months and 11 days, with an accounting yield of 91.36% and the equivalent annual cost was 986,976.20. Finally, it is evident that the two proposals would have obtained positive results, but it should be emphasized that proposal 2 is the most profitable with respect to the indicators applied, since higher yields were obtained in comparison to proposal 1.