﻿131:@0.898727:0.967780:0.924323:0.967780:0.924323:0.951792:0.898727:0.951792:0.000000:0.000000:0.000000
5. :@0.096351:0.124615:0.113544:0.124615:0.113544:0.108295:0.096351:0.108295:0.000000:0.000000:0.000000
Explica:@0.124840:0.124269:0.174832:0.124269:0.174832:0.108281:0.124840:0.108281:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
: ¿cuál consideras que es la importancia del balance general proyectado para un emprendimiento?:@0.174834:0.124062:0.837208:0.124062:0.837208:0.108281:0.174834:0.108281:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––:@0.124840:0.151349:0.902394:0.151349:0.902394:0.135568:0.124840:0.135568:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––:@0.124840:0.175068:0.902394:0.175068:0.902394:0.159287:0.124840:0.159287:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––:@0.124840:0.198787:0.902394:0.198787:0.902394:0.183006:0.124840:0.183006:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––:@0.124840:0.222506:0.902394:0.222506:0.902394:0.206725:0.124840:0.206725:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––:@0.124840:0.246225:0.902394:0.246225:0.902394:0.230444:0.124840:0.230444:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––:@0.124840:0.269944:0.902394:0.269944:0.902394:0.254163:0.124840:0.254163:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Actividad colaborativa:@0.107532:0.318537:0.262374:0.318537:0.262374:0.296208:0.107532:0.296208:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
6. :@0.107532:0.341796:0.124726:0.341796:0.124726:0.325476:0.107532:0.325476:0.000000:0.000000:0.000000
Utilizando una hoja de Excel, con los datos del ejercicio de la página 127, :@0.136022:0.341243:0.629494:0.341243:0.629494:0.325462:0.136022:0.325462:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
realiza:@0.629438:0.341450:0.674348:0.341450:0.674348:0.325462:0.629438:0.325462:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
 el flujo de caja proyectado para :@0.674256:0.341243:0.895532:0.341243:0.895532:0.325462:0.674256:0.325462:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
los siguientes cinco años, considerando lo siguiente::@0.136022:0.357839:0.485183:0.357839:0.485183:0.342059:0.136022:0.342059:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
• :@0.136022:0.382001:0.146323:0.382001:0.146323:0.365792:0.136022:0.365792:0.000000:0.000000
Los gastos preoperacionales son de $ 800.:@0.164511:0.381558:0.446266:0.381558:0.446266:0.365778:0.164511:0.365778:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
• :@0.136022:0.402165:0.146323:0.402165:0.146323:0.385956:0.136022:0.385956:0.000000:0.000000
Se estima atender 1 500 turistas nacionales y 650 turistas extranjeros en el año 2. En consecuencia, se estima :@0.164511:0.401723:0.895500:0.401723:0.895500:0.385942:0.164511:0.385942:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
un incremento del 10 % por cada uno de los siguientes años.:@0.164511:0.418319:0.575110:0.418319:0.575110:0.402539:0.164511:0.402539:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
• :@0.136022:0.438926:0.146323:0.438926:0.146323:0.422717:0.136022:0.422717:0.000000:0.000000
Los gastos fijos se incrementarán cada año por una inflación estimada del 5 %.:@0.164511:0.438484:0.693635:0.438484:0.693635:0.422703:0.164511:0.422703:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
• :@0.136022:0.459091:0.146323:0.459091:0.146323:0.442882:0.136022:0.442882:0.000000:0.000000
La tasa de impuestos es del 22 % y la participación de trabajadores es del 15 %.:@0.164511:0.458648:0.695863:0.458648:0.695863:0.442868:0.164511:0.442868:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
• :@0.136022:0.479255:0.146323:0.479255:0.146323:0.463046:0.136022:0.463046:0.000000:0.000000
El precio de venta y de costo se mantienen iguales durante cinco años.:@0.164511:0.478813:0.641634:0.478813:0.641634:0.463033:0.164511:0.463033:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
• :@0.136022:0.499420:0.146323:0.499420:0.146323:0.483211:0.136022:0.483211:0.000000:0.000000
Toda la inversión inicial será aportada por los socios.:@0.164511:0.498977:0.518593:0.498977:0.518593:0.483197:0.164511:0.483197:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Año 0:@0.330866:0.543791:0.370552:0.543791:0.370552:0.529056:0.330866:0.529056:0.000000:0.000000:0.000000:0.000000:0.000000
Año 1:@0.429269:0.543791:0.468956:0.543791:0.468956:0.529056:0.429269:0.529056:0.000000:0.000000:0.000000:0.000000:0.000000
Año 2:@0.527673:0.543791:0.567359:0.543791:0.567359:0.529056:0.527673:0.529056:0.000000:0.000000:0.000000:0.000000:0.000000
Año 3:@0.626076:0.543791:0.665763:0.543791:0.665763:0.529056:0.626076:0.529056:0.000000:0.000000:0.000000:0.000000:0.000000
Año 4:@0.724480:0.543791:0.764166:0.543791:0.764166:0.529056:0.724480:0.529056:0.000000:0.000000:0.000000:0.000000:0.000000
Año 5:@0.822884:0.543791:0.862570:0.543791:0.862570:0.529056:0.822884:0.529056:0.000000:0.000000:0.000000:0.000000:0.000000
Movimientos operacionales:@0.419168:0.571515:0.607597:0.571515:0.607597:0.556679:0.419168:0.556679:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Ingresos:@0.141552:0.593778:0.186798:0.593778:0.186798:0.580867:0.141552:0.580867:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Costos de ventas:@0.141552:0.616862:0.235932:0.616862:0.235932:0.603951:0.141552:0.603951:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Gastos:@0.141552:0.639946:0.179471:0.639946:0.179471:0.627035:0.141552:0.627035:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Pago de impuestos:@0.141552:0.663030:0.246910:0.663030:0.246910:0.650119:0.141552:0.650119:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Total flujo operacional:@0.141552:0.686114:0.266676:0.686114:0.266676:0.673203:0.141552:0.673203:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Compras de activos fijos:@0.141552:0.733255:0.277515:0.733255:0.277515:0.720344:0.141552:0.720344:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Total flujo de inversión:@0.141552:0.756339:0.268741:0.756339:0.268741:0.743428:0.141552:0.743428:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Aportes de socios:@0.141552:0.803481:0.241301:0.803481:0.241301:0.790569:0.141552:0.790569:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Préstamos recibidos:@0.141552:0.827549:0.252639:0.827549:0.252639:0.814638:0.141552:0.814638:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Préstamos pagados:@0.141552:0.851618:0.248900:0.851618:0.248900:0.838707:0.141552:0.838707:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Total flujo de nanciamiento:@0.141552:0.875686:0.294872:0.875686:0.294872:0.862775:0.141552:0.862775:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Total de flujo de fondos:@0.141552:0.900728:0.274409:0.900728:0.274409:0.887817:0.141552:0.887817:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
Es importante porque incluye en el análisis todos los recursos, obligaciones y patrimonio de la empresa y permite :@0.125801:0.146152:0.895791:0.146152:0.895791:0.130372:0.125801:0.130372:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
ver la composición del financiamiento.:@0.125801:0.170037:0.387638:0.170037:0.387638:0.154257:0.125801:0.154257:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
  :@0.306529:0.586467:0.323175:0.586467:0.323175:0.573556:0.306529:0.573556:0.000000:0.000000
83 500 :@0.449114:0.594014:0.488842:0.594014:0.488842:0.581103:0.449114:0.581103:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
91 500 :@0.546271:0.594014:0.586000:0.594014:0.586000:0.581103:0.546271:0.581103:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
100 650 :@0.636764:0.594014:0.683142:0.594014:0.683142:0.581103:0.636764:0.581103:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
110 715 :@0.737284:0.594014:0.783661:0.594014:0.783661:0.581103:0.737284:0.581103:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
121 787:@0.835150:0.594014:0.878285:0.594014:0.878285:0.581103:0.835150:0.581103:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
   :@0.306545:0.616646:0.323190:0.616646:0.323190:0.603735:0.306545:0.603735:0.000000:0.000000:0.000000
–42 900 :@0.439992:0.616646:0.487938:0.616646:0.487938:0.603735:0.439992:0.603735:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–47 300 :@0.538838:0.616646:0.586784:0.616646:0.586784:0.603735:0.538838:0.603735:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–52 030 :@0.635996:0.616646:0.683941:0.616646:0.683941:0.603735:0.635996:0.603735:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–57 233 :@0.736515:0.616646:0.784460:0.616646:0.784460:0.603735:0.736515:0.603735:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–62 956:@0.833597:0.616646:0.878301:0.616646:0.878301:0.603735:0.833597:0.603735:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
 :@0.293156:0.639277:0.296398:0.639277:0.296398:0.626366:0.293156:0.626366:0.000000
 :@0.318290:0.639277:0.321531:0.639277:0.321531:0.626366:0.318290:0.626366:0.000000
–35 150 :@0.440008:0.639277:0.487953:0.639277:0.487953:0.626366:0.440008:0.626366:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–36 993 :@0.538853:0.639277:0.586799:0.639277:0.586799:0.626366:0.538853:0.626366:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–39 135 :@0.637699:0.639277:0.685645:0.639277:0.685645:0.626366:0.637699:0.626366:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–41 414 :@0.736545:0.639277:0.784490:0.639277:0.784490:0.626366:0.736545:0.626366:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–43 838:@0.833702:0.639277:0.878406:0.639277:0.878406:0.626366:0.833702:0.626366:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
 :@0.299880:0.663165:0.303122:0.663165:0.303122:0.650253:0.299880:0.650253:0.000000
0 :@0.479163:0.663165:0.489054:0.663165:0.489054:0.650253:0.479163:0.650253:0.000000:0.000000
–1 935 :@0.545548:0.663165:0.586844:0.663165:0.586844:0.650253:0.545548:0.650253:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–2 437 :@0.644394:0.663165:0.685690:0.663165:0.685690:0.650253:0.644394:0.650253:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–3 205 :@0.743239:0.663165:0.784536:0.663165:0.784536:0.650253:0.743239:0.650253:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–4 069:@0.840397:0.663165:0.878451:0.663165:0.878451:0.650253:0.840397:0.650253:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
 :@0.299896:0.685796:0.303137:0.685796:0.303137:0.672885:0.299896:0.672885:0.000000
5 450 :@0.455854:0.685796:0.488933:0.685796:0.488933:0.672885:0.455854:0.672885:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
5 272 :@0.553011:0.685796:0.586090:0.685796:0.586090:0.672885:0.553011:0.672885:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
7 048 :@0.653530:0.685796:0.686610:0.685796:0.686610:0.672885:0.653530:0.672885:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
8 864 :@0.752376:0.685796:0.785455:0.685796:0.785455:0.672885:0.752376:0.672885:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
10 923:@0.842869:0.685796:0.879356:0.685796:0.879356:0.672885:0.842869:0.672885:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–4 200:@0.350163:0.732315:0.388218:0.732315:0.388218:0.719404:0.350163:0.719404:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
–5 000:@0.350163:0.756202:0.388218:0.756202:0.388218:0.743291:0.350163:0.743291:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
5 000:@0.358546:0.801465:0.388383:0.801465:0.388383:0.788554:0.358546:0.788554:0.000000:0.000000:0.000000:0.000000:0.000000
5 000:@0.358546:0.874395:0.388383:0.874395:0.388383:0.861484:0.358546:0.861484:0.000000:0.000000:0.000000:0.000000:0.000000
0 :@0.382006:0.900795:0.391896:0.900795:0.391896:0.887883:0.382006:0.887883:0.000000:0.000000
5 450 :@0.454195:0.900795:0.487274:0.900795:0.487274:0.887883:0.454195:0.887883:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
5 272 :@0.553041:0.900795:0.586120:0.900795:0.586120:0.887883:0.553041:0.887883:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
7 048 :@0.651887:0.900795:0.684966:0.900795:0.684966:0.887883:0.651887:0.887883:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
8 864 :@0.750733:0.900795:0.783812:0.900795:0.783812:0.887883:0.750733:0.887883:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
10 923:@0.842899:0.900795:0.879386:0.900795:0.879386:0.887883:0.842899:0.887883:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000
 ©:@0.079553:0.731952:0.079553:0.720342:0.061505:0.720342:0.061505:0.731952:0.000000:0.000000
maya:@0.080774:0.720340:0.080774:0.684191:0.055786:0.684191:0.055786:0.720340:0.000000:0.000000:0.000000:0.000000
®EDUCACIÓN – Libro resuelto solo para fines didácticos – Prohibida su reproducción :@0.079553:0.684191:0.079553:0.268044:0.061505:0.268044:0.061505:0.684191:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000:0.000000