2) Um equipamento foi comprado a vista por R$ 25.000,00 e dará lucro anual de R$ 6.

000,00 durante 6 anos

Depois será vendido por R$ 13.132,64. Qual o Valor Futuro (VF), supondo uma taxa global de juros de 15% a.a. ?

15%
Fluxo 20% Fluxo com I.R.
Ano sem I.R. Lucro Venda Deprec Valor Cont. Dif. Cont. Renda Trib IR nominal corrigido
0 -25,000.00 0.00 25,000.00 -25,000.00 -57,826.52
1 6,000.00 6,000.00 -2,500.00 22,500.00 3,500.00 700.00 5,300.00 10,660.19
2 6,000.00 6,000.00 -2,500.00 20,000.00 3,500.00 700.00 5,300.00 9,269.73
3 6,000.00 6,000.00 -2,500.00 17,500.00 3,500.00 700.00 5,300.00 8,060.64
4 6,000.00 6,000.00 -2,500.00 15,000.00 3,500.00 700.00 5,300.00 7,009.25
5 6,000.00 6,000.00 -2,500.00 12,500.00 3,500.00 700.00 5,300.00 6,095.00
6 19,132.64 6,000.00 13,132.64 -2,500.00 10,000.00 3,132.64 6,632.64 1,326.53 17,806.11 17,806.11
VF = 1,074.41
Voltar

3) Idem, se o equipamento for comprado pelo sistema SAC em 5 vezes, com uma taxa de 25% a.a.
15%
Fluxo 25% 20% Fluxo com I.R.
Ano sem I.R. Lucro Juros Saldo dev. Amortiz, Dif. Cont. Renda Trib IR nominal corrigido
0 25,000.00 0.00 0.00
1 -5,250.00 6,000.00 6,250.00 20,000.00 5,000.00 -2,750.00 0.00 -5,250.00 -10,559.63
2 -4,000.00 6,000.00 5,000.00 15,000.00 5,000.00 -1,500.00 0.00 -4,000.00 -6,996.03
3 -2,750.00 6,000.00 3,750.00 10,000.00 5,000.00 -250.00 0.00 -2,750.00 -4,182.41
4 -1,500.00 6,000.00 2,500.00 5,000.00 5,000.00 1,000.00 200.00 -1,700.00 -2,248.25
5 -250.00 6,000.00 1,250.00 0.00 5,000.00 2,250.00 450.00 -700.00 -805.00
6 19,132.64 6,000.00 3,132.64 6,632.64 1,326.53 17,806.11 17,806.11
VP = -6,985.19
Voltar

4) Idem, pelo sistema PRICE em 5 vezes [P/A ; 25 ; 5] = 2.68928

15%
Fluxo 25% 20% Fluxo com I.R.
Ano sem I.R. Lucro Juros Saldo dev. Amortiz, Prestação Renda Trib IR nominal corrigido
0 25,000.00 0.00 0.00
1 -3,296.17 6,000.00 6,250.00 21,953.83 3,046.17 9,296.17 -2,750.00 0.00 -3,296.17 -6,629.77
2 -3,296.17 6,000.00 5,488.46 18,146.12 3,807.71 9,296.17 -1,988.46 0.00 -3,296.17 -5,765.02
3 -3,296.17 6,000.00 4,536.53 13,386.48 4,759.64 9,296.17 -1,036.53 0.00 -3,296.17 -5,013.06
4 -3,296.17 6,000.00 3,346.62 7,436.93 5,949.55 9,296.17 153.38 30.68 -3,326.84 -4,399.75
5 -3,296.17 6,000.00 1,859.23 0.00 7,436.93 9,296.17 1,640.77 328.15 -3,624.32 -4,167.97
6 19,132.64 6,000.00 3,132.64 6,632.64 1,326.53 17,806.11 17,806.11
Dif. Cont. VF = -8,169.46
6a) DL n V(n) 6b) t n V(n) = (1-t)^n
3000 0 15,000.00 0.085887 0 15,000.00
1 12,000.00 1 13,711.69
2 9,000.00 2 12,534.03
3 6,000.00 3 11,457.52
4 3,000.00 4 10,473.47
5 0.00 5 9,573.93
6 8,751.65
Voltar 7 8,000.00

8) Fluxo 20%
Ano sem I. R. Lucro Venda Deprec Valor Cont. Dif. Cont. Renda Trib IR
0 -80,000.00 0.00 80,000.00
1 20,000.00 20,000.00 -3,200.00 76,800.00 16,800.00 3,360.00
2 20,000.00 20,000.00 -3,200.00 73,600.00 16,800.00 3,360.00
3 20,000.00 20,000.00 -3,200.00 70,400.00 16,800.00 3,360.00
4 20,000.00 20,000.00 -3,200.00 67,200.00 16,800.00 3,360.00
5 84,000.00 20,000.00 64,000.00 -3,200.00 64,000.00 0.00 16,800.00 3,360.00
 15%
Fluxo com I.R.
nominal corrigido
-80,000.00 -160,908.58
16,640.00 29,103.46
16,640.00 25,307.36
16,640.00 22,006.40
16,640.00 19,136.00
80,640.00 80,640.00
VF = 15,284.65
 7) Um equipamento foi comprado (PRICE em 4 anuidades a 20% a.a.) por R$ 15.000,00.
Dará lucro anual de R$ 5.000,00 durante 4 anos e depois será vendido por R$ 10.000,00
Qual o Valor Futuro, supondo uma taxa global de juros de 18% a.a. e imposto de 25% sobre o Lucro anual.

Ano Valor Contábil Depreciação

0 15,000.00 0.00
1 13,500.00 1,500.00 Venda = 10,000.00
2 12,000.00 1,500.00
3 10,500.00 1,500.00
4 9,000.00 1,500.00 [P/A ; 20 ; 4 ] = 2.5887346

4 X 20% 25%
Ano Fluxo Lucro Juros Saldo dev. Amortiz, Prestação Renda Trib IR
0 15,000.00
1 -794.34 5,000.00 3,000.00 12,205.66 2,794.34 5,794.34 500.00 125.00
2 -794.34 5,000.00 2,441.13 8,852.46 3,353.20 5,794.34 1,058.87 264.72
3 -794.34 5,000.00 1,770.49 4,828.61 4,023.85 5,794.34 1,729.51 432.38
4 9,205.66 5,000.00 965.72 0.00 4,828.61 5,794.34 3,534.28 883.57

Voltar
 Voltar
R$ 10.000,00.
to de 25% sobre o Lucro anual.

18%
Fluxo com I.R.
nominal corrigido

-919.34 -1,510.50
-1,059.05 -1,474.63
-1,226.71 -1,447.52
8,322.09 8,322.09
VF = 3,889.45