Valuación de un proyecto a través del valor actual neto (VAN) y tasa interna de retorno (TIR).

Abstract

Financial analyzes have transcended in the history of business administration since its inception, despite the passing of the years methods are still applied that allow the investor to determine how much an investment rents through the NPV and IRR; In this way, companies and entrepreneurs have been able to use their resources optimally. The problem raised was how the financial evaluation criteria influence the decision-making process to select investment projects. Despite the existence of a wide variety of criteria that allow evaluating and comparing different investment alternatives. The objective of this study was to determine an approval system for corporate investment projects through the use of the NPV and the IRR for the optimization of financial decision making. The descriptive methodology was used, the financial evaluation criteria described above were analyzed through the review of literature with academic relevance. Despite the existence of different financial evaluation methodologies, they all conclude on the same result, which is why a system of steps was standardized to apply the criteria. The NPV and the IRR analyze the return on investment and consider the value of money over time. The results were a positive NPV, an IRR higher than the expected return and the recovery of the investment in a prudent time, so the investment project under study is viable.