Presupuesto de capital como herramienta para evaluar proyectos de inversión.

Abstract

The investments are conditioned by the country risk, a single project can be developed in different ways in different scenarios, also the companies have several alternatives to allocate resources in order to generate benefits. The financial administration provides tools to analyze the behavior of investment projects, compare these results, approve or reject the project and, above all, choose the best option. It was identified that the inadequate application of financial tools such as the application of Net Present Value, Internal Rate of Return and Investment Recovery Period influence the success of investment projects, it was proposed to determine the importance of financial tools in the projects of investment through the application in a practical reagent for the presentation of its benefits in decision making. The research methodology was qualitative - descriptive and used the research technique of the literature review taking as a source of information scientific articles and other documents with content of academic relevance. Through the results it was found that the VPN is a criterion that updates the value of the money exposed in the net flows to determine what is its representation in the present, the IRR is the level of performance of the project while the VPN is reduced to zero and the PRI indicates at what time the initial investment is recovered. The case study developed has been financially viable in its different scenarios, so its realization is accepted.