Alternativa A Ano 0 Ano 1 Ano 2 Ano 3

Investimento R$ 30,000.00
Despesas anuais R$ 6,000.00 R$ 6,000.00 R$ 6,000.00
Valor Residual R$ -
Custo Fixo
Custo Variável
Custo Total R$ - R$ - R$ -
Lucro Bruto R$ 6,000.00 R$ 6,000.00 R$ 6,000.00

Depreciação R$ 1,964.40 R$ 1,964.40 R$ 1,964.40

Juros R$ - R$ 16,474.91 R$ 15,940.81
Lucro Tributário -R$ 1,964.40 -R$ 18,439.31 -R$ 17,905.21
Imposto de renda -R$ 324.13 -R$ 3,042.49 -R$ 2,954.36

Prestações R$ 30,729.90 R$ 16,474.91 R$ 15,940.81

Lucro Líquido R$ 6,324.13 R$ 9,042.49 R$ 8,954.36
Fluxo de caixa R$ 6,324.13 R$ 9,042.49 R$ 8,954.36

Alternativa B Ano 0 Ano 1 Ano 2 Ano 3

Investimento R$ 45,000.00
Despesas Anuais R$ 7,000.00 R$ 7,000.00 R$ 7,000.00
Valor Residual R$ 18,000.00
Custo Fixo
Custo Variável
Custo Total R$ - R$ - R$ -
Lucro Bruto R$ 7,000.00 R$ 7,000.00 R$ 7,000.00

Depreciação R$ 2,291.80 R$ 2,291.80 R$ 2,291.80

Juros R$ - R$ 16,474.91 R$ 15,940.81
Lucro Tributário -R$ 2,291.80 -R$ 18,766.71 -R$ 18,232.61
Imposto de renda -R$ 378.15 -R$ 3,096.51 -R$ 3,008.38

Prestações R$ 30,729.90 R$ 16,474.91 R$ 15,940.81

Lucro Líquido R$ 7,378.15 R$ 10,096.51 R$ 10,008.38
Fluxo de caixa R$ 7,378.15 R$ 10,096.51 R$ 10,008.38
Ano 4 Ano 5 Ano 6 Ano 7 Ano 8 Ano 9

R$ 6,000.00 R$ 6,000.00 R$ 6,000.00 R$ 6,000.00 R$ 6,000.00 R$ 6,000.00

R$ - R$ - R$ - R$ - R$ - R$ 1,269,100.00
R$ 6,000.00 R$ 6,000.00 R$ 6,000.00 R$ 6,000.00 R$ 6,000.00 -R$ 1,263,100.00

R$ 1,964.40 R$ 1,964.40 R$ 1,964.40 R$ 1,964.40 R$ 1,964.40 R$ 1,964.40

R$ 16,474.91 R$ 15,940.81 R$ 16,200.33 R$ 15,925.75 R$ 15,143.77 R$ 15,376.58
-R$ 18,439.31 -R$ 17,905.21 -R$ 18,164.73 -R$ 17,890.15 -R$ 17,108.17 R$ 1,251,759.02
-R$ 3,042.49 -R$ 2,954.36 -R$ 2,997.18 -R$ 2,951.87 -R$ 2,822.85 R$ 206,540.24

R$ 16,474.91 R$ 42,508.83 R$ 42,768.35 R$ 42,493.77 R$ 41,711.79 R$ 41,944.60

R$ 9,042.49 R$ 8,954.36 R$ 8,997.18 R$ 8,951.87 R$ 8,822.85 -R$ 1,469,640.24
R$ 9,042.49 R$ 8,954.36 R$ 8,997.18 R$ 8,951.87 R$ 8,822.85 -R$ 1,469,640.24

Ano 4 Ano 5 Ano 6 Ano 7 Ano 8 Ano 9

R$ 7,000.00 R$ 7,000.00 R$ 7,000.00 R$ 7,000.00 R$ 7,000.00 R$ 7,000.00

R$ - R$ - R$ - R$ - R$ - R$ 1,269,100.00
R$ 7,000.00 R$ 7,000.00 R$ 7,000.00 R$ 7,000.00 R$ 7,000.00 -R$ 1,262,100.00

R$ 2,291.80 R$ 2,291.80 R$ 2,291.80 R$ 2,291.80 R$ 2,291.80 R$ 2,291.80

R$ 16,474.91 R$ 15,940.81 R$ 16,200.33 R$ 15,925.75 R$ 15,143.77 R$ 15,376.58
-R$ 18,766.71 -R$ 18,232.61 -R$ 18,492.13 -R$ 18,217.55 -R$ 17,435.57 R$ 1,251,431.62
-R$ 3,096.51 -R$ 3,008.38 -R$ 3,051.20 -R$ 3,005.90 -R$ 2,876.87 R$ 206,486.22

R$ 16,474.91 R$ 42,508.83 R$ 42,768.35 R$ 42,493.77 R$ 41,711.79 R$ 41,944.60

R$ 10,096.51 R$ 10,008.38 R$ 10,051.20 R$ 10,005.90 R$ 9,876.87 -R$ 1,468,586.22
R$ 10,096.51 R$ 10,008.38 R$ 10,051.20 R$ 10,005.90 R$ 9,876.87 -R$ 1,468,586.22
Ano 10 Ano 11 Ano 12 Ano 13 Ano 14 Ano 15

R$ 6,000.00 R$ 6,000.00 R$ 6,000.00 R$ 6,000.00 R$ 6,000.00 R$ 6,000.00

R$ 1,269,100.00 R$ 1,269,100.00 R$ 1,269,100.00 R$ 1,269,100.00 R$ 1,269,100.00 R$ 1,269,100.00

-R$ 1,263,100.00 -R$ 1,263,100.00 -R$ 1,263,100.00 -R$ 1,263,100.00 -R$ 1,263,100.00 -R$ 1,263,100.00

R$ 1,964.40 R$ 1,964.40 R$ 1,964.40 R$ 1,964.40 R$ 1,964.40 R$ 1,964.40

R$ 14,612.41 R$ 14,827.42 R$ 14,081.05 R$ 13,352.64 R$ 14,003.68 R$ 13,284.01
R$ 1,252,523.19 R$ 1,252,308.18 R$ 1,253,054.55 R$ 1,253,782.96 R$ 1,253,131.92 R$ 1,253,851.59
R$ 206,666.33 R$ 206,630.85 R$ 206,754.00 R$ 206,874.19 R$ 206,766.77 R$ 206,885.51

R$ 41,180.43 R$ 41,395.44 R$ 40,649.07 R$ 39,920.66 R$ 40,571.70 R$ 39,852.03

-R$ 1,469,766.33 -R$ 1,469,730.85 -R$ 1,469,854.00 -R$ 1,469,974.19 -R$ 1,469,866.77 -R$ 1,469,985.51
-R$ 1,469,766.33 -R$ 1,469,730.85 -R$ 1,469,854.00 -R$ 1,469,974.19 -R$ 1,469,866.77 -R$ 1,469,985.51

Ano 10 Ano 11 Ano 12 Ano 13 Ano 14 Ano 15

R$ 7,000.00 R$ 7,000.00 R$ 7,000.00 R$ 7,000.00 R$ 7,000.00 R$ 7,000.00

R$ 1,269,100.00 R$ 1,269,100.00 R$ 1,269,100.00 R$ 1,269,100.00 R$ 1,269,100.00 R$ 1,269,100.00

-R$ 1,262,100.00 -R$ 1,262,100.00 -R$ 1,262,100.00 -R$ 1,262,100.00 -R$ 1,262,100.00 -R$ 1,262,100.00

R$ 2,291.80 R$ 2,291.80 R$ 2,291.80 R$ 2,291.80 R$ 2,291.80 R$ 2,291.80

R$ 14,612.41 R$ 14,827.42 R$ 14,081.05 R$ 13,352.64 R$ 14,003.68 R$ 13,284.01
R$ 1,252,195.79 R$ 1,251,980.78 R$ 1,252,727.15 R$ 1,253,455.56 R$ 1,252,804.52 R$ 1,253,524.19
R$ 206,612.31 R$ 206,576.83 R$ 206,699.98 R$ 206,820.17 R$ 206,712.75 R$ 206,831.49

R$ 41,180.43 R$ 41,395.44 R$ 40,649.07 R$ 39,920.66 R$ 40,571.70 R$ 39,852.03

-R$ 1,468,712.31 -R$ 1,468,676.83 -R$ 1,468,799.98 -R$ 1,468,920.17 -R$ 1,468,812.75 -R$ 1,468,931.49
-R$ 1,468,712.31 -R$ 1,468,676.83 -R$ 1,468,799.98 -R$ 1,468,920.17 -R$ 1,468,812.75 -R$ 1,468,931.49
Ano 16 Ano 17 Ano 18 Ano 19 Ano 20

R$ 6,000.00 R$ 6,000.00 R$ 6,000.00 R$ 6,000.00 R$ 6,000.00

R$ 1,269,100.00 R$ 1,269,100.00 R$ 1,269,100.00 R$ 1,269,100.00 R$ 1,269,100.00

-R$ 1,263,100.00 -R$ 1,263,100.00 -R$ 1,263,100.00 -R$ 1,263,100.00 -R$ 1,263,100.00

R$ 1,964.40 R$ 1,964.40 R$ 1,964.40 R$ 1,964.40 R$ 1,964.40

R$ 13,454.51 R$ 12,752.65 R$ 12,905.35 R$ 12,630.77 R$ 11,955.61
R$ 1,253,681.09 R$ 1,254,382.95 R$ 1,254,230.25 R$ 1,254,504.83 R$ 1,255,179.99
R$ 206,857.38 R$ 206,973.19 R$ 206,947.99 R$ 206,993.30 R$ 207,104.70

R$ 40,022.53 R$ 39,320.67 R$ 39,473.37 R$ 39,198.79 R$ 38,523.63

-R$ 1,469,957.38 -R$ 1,470,073.19 -R$ 1,470,047.99 -R$ 1,470,093.30 -R$ 1,470,204.70
-R$ 1,469,957.38 -R$ 1,470,073.19 -R$ 1,470,047.99 -R$ 1,470,093.30 -R$ 1,470,204.70

Ano 16 Ano 17 Ano 18 Ano 19 Ano 20

R$ 7,000.00 R$ 7,000.00 R$ 7,000.00 R$ 7,000.00 R$ 7,000.00

R$ 1,269,100.00 R$ 1,269,100.00 R$ 1,269,100.00 R$ 1,269,100.00 R$ 1,269,100.00

-R$ 1,262,100.00 -R$ 1,262,100.00 -R$ 1,262,100.00 -R$ 1,262,100.00 -R$ 1,262,100.00

R$ 2,291.80 R$ 2,291.80 R$ 2,291.80 R$ 2,291.80 R$ 2,291.80

R$ 13,454.51 R$ 12,752.65 R$ 12,905.35 R$ 12,630.77 R$ 11,955.61
R$ 1,253,353.69 R$ 1,254,055.55 R$ 1,253,902.85 R$ 1,254,177.43 R$ 1,254,852.59
R$ 206,803.36 R$ 206,919.17 R$ 206,893.97 R$ 206,939.28 R$ 207,050.68

R$ 40,022.53 R$ 39,320.67 R$ 39,473.37 R$ 39,198.79 R$ 38,523.63

-R$ 1,468,903.36 -R$ 1,469,019.17 -R$ 1,468,993.97 -R$ 1,469,039.28 -R$ 1,469,150.68
-R$ 1,468,903.36 -R$ 1,469,019.17 -R$ 1,468,993.97 -R$ 1,469,039.28 -R$ 1,469,150.68
 Capacidade de produção para com o máximo possível de produção
Produto Ano 0 Ano 1 Ano 2 Ano 3 Ano 4 Ano 5 Ano 6
Tratamento de Esgoto 0% 60% 75% 80% 100% 100% 100%