Dados: Reforma Aquisição

Reforma N Fluxos N Fluxos

Investimento= 10,000.00 0 - 10,000.00 0 - 30,000.00
Economia de despesas= 2,000.00 1 2,000.00 1 4,700.00
n= 10 anos 2 2,000.00 2 4,700.00
Aquisição 3 2,000.00 3 4,700.00
Investimento= 35,000.00 4 2,000.00 4 4,700.00
Valor revenda= 5,000.00 5 2,000.00 5 4,700.00
ganhos anuais= 4,700.00 6 2,000.00 6 4,700.00
Valor residual= 10,705.00 7 2,000.00 7 4,700.00
n= 10.00 anos 8 2,000.00 8 4,700.00
9 2,000.00 9 4,700.00
TMA= 8% aa 10 2,000.00 10 15,405.00

reforma Aquisição
5,000.00 5,000.00
Payback reforma= 5.00 anos M - -
0 1 2 3 4 5 6 7 8 9 10
Payback aquisição= 6.38 anos (5,000.00) (5,000.00) 0 2 4 6 8 10
(10,000.00) (10,000.00)
(15,000.00) (15,000.00)
VPL reforma= R$3,420.16
(20,000.00) (20,000.00)
VPL aquisição= R$6,495.87 M (25,000.00) (25,000.00)
(30,000.00) (30,000.00)
Valor anual reforma= R$509.71
Valor anual aquisição= R$968.08 M

TIR reforma= 15.1% aa

TIR aquisição= 12.0% aa

Análise Incremental
TIR aquisicao menos reforma= 10.7% aa Gráficos VPL x taxa
Taxa VPLreforma
0% R$10,000.00
1% R$8,942.61
2% R$7,965.17
3% R$7,060.41
4% R$6,221.79
5% R$5,443.47
6% R$4,720.17
7% R$4,047.16
R$30,000.00 8% R$3,420.16
9% R$2,835.32
10% R$2,289.13
R$25,000.00
11% R$1,778.46
12% R$1,300.45
R$20,000.00 13% R$852.49
14% R$432.23

R$15,000.00

R$10,000.00
R$25,000.00

R$20,000.00

15% R$37.54
R$15,000.00
16% -R$333.55
17% -R$682.79
R$10,000.00 18% -R$1,011.83
19% -R$1,322.13
20% -R$1,615.06
R$5,000.00

R$0.00
0% 5% 10% 15% 20% 25%

-R$5,000.00

-R$10,000.00

-R$15,000.00
 Aquisição - Reforma
N Fluxos
0- 20,000.00
1 2,700.00
2 2,700.00
3 2,700.00
4 2,700.00
5 2,700.00
6 2,700.00
7 2,700.00
8 2,700.00
9 2,700.00
10 13,405.00

Aquisição Aquisicao menos

reforma
5,000.00
0 2 4 6 8 10 -
(5,000.00) 0 1 2 3 4 5 6 7 8 9 10
(10,000.00)
(15,000.00)
(20,000.00)
(25,000.00)
(30,000.00)

VPL aquisição
R$27,705.00
R$24,206.23
R$20,999.98
R$18,057.48
R$15,353.12
R$12,864.10
R$10,570.03
R$8,452.71
R$6,495.87
R$4,684.90
R$3,006.71
R$1,449.53
R$2.77
-R$1,343.09
-R$2,596.65
-R$3,765.68
-R$4,857.18
-R$5,877.52
-R$6,832.45
-R$7,727.18
-R$8,566.46
Dados: Máquina X vida original Máquina Y vida original Máquina X vidas MM
Máquina X N Fluxos N Fluxos N
Investimento= 6000 0 -6000 0 -14000 0
Despesas anuais= 4000 1 -4000 1 -2400 1
Vida de serviço= 12 2 -4000 2 -2400 2
VR= 0 3 -4000 3 -2400 3
4 -4000 4 -2400 4
Máquina Y 5 -4000 5 -2400 5
Investimento= 14000 6 -4000 6 -2400 6
Despesas anuais= 2400 7 -4000 7 -2400 7
Vida de serviço= 18 8 -4000 8 -2400 8
VR= 2800 9 -4000 9 -2400 9
10 -4000 10 -2400 10
TMA= 12% aa 11 -4000 11 -2400 11
12 -4000 12 -2400 12
Vidas originais 13 -2400 13
VPLmaq x= -R$30,777.50 14 -2400 14
VPLmaq y= -R$31,035.10 15 -2400 15
16 -2400 16
Valor anual x -R$4,968.62 17 -2400 17
Valor anual y -R$4,280.90 18 400 18
19
MMC (12,18)= 36 20
Vidas iguais (MMC) 21
VPLmaq x= -R$40,705.00 22
VPLmaq y= -R$35,070.89 23
24
Valor anual x R$4,968.62 25
Valor anual y R$4,280.90 26
*Valores anuais são iguais aos da vida original 27
28
29
30
31
32
33
34
35
36
áquina X vidas MMC Máquina Y vidas MMC
Fluxos N Fluxos
-6000 0 -14000
-4000 1 -2400
-4000 2 -2400
-4000 3 -2400
-4000 4 -2400
-4000 5 -2400
-4000 6 -2400
-4000 7 -2400
-4000 8 -2400
-4000 9 -2400
-4000 10 -2400
-4000 11 -2400
-10000 12 -2400
-4000 13 -2400
-4000 14 -2400
-4000 15 -2400
-4000 16 -2400
-4000 17 -2400
-4000 18 -13600
-4000 19 -2400
-4000 20 -2400
-4000 21 -2400
-4000 22 -2400
-4000 23 -2400
-10000 24 -2400
-4000 25 -2400
-4000 26 -2400
-4000 27 -2400
-4000 28 -2400
-4000 29 -2400
-4000 30 -2400
-4000 31 -2400
-4000 32 -2400
-4000 33 -2400
-4000 34 -2400
-4000 35 -2400
-4000 36 400
Dados:
Vida= 10 anos
TMA= 6% aa
Capital disponível= 75000
Alternativa Investimento Benefícios Anuais TIR VPL
A 10000 1628 10% R$1,982.22
B 20000 3116 9% R$2,934.03
C 50000 7450 8% R$4,832.65
80000

Pacotes Investimento Benefícios Anuais TIR VPL

A 10000 1628 10% R$1,982.22
B 20000 3116 9% R$2,934.03
C 50000 7450 8% R$4,832.65
A,B 30000 4744 9% R$4,916.25
A,C 60000 9078 8% R$6,814.87
B,C 70000 10566 8% R$7,766.68
A,B,C 80000 12194 9% R$9,748.90
Dados:
Investimento= 100000
Retorno anual= 25000
TMA= 20% aa

Para Vida= 10 anos

VPL= R$4,811.80

Para Vida= 50 anos

VPL= R$24,986.26

Para Vida= perpétua

VPL= R$25,000.00 VPL= A/i