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Valuation and depreciation are essential tools for assessing the profitability of a business enterprise. These elements are critical in preparing the farm accounts that reveal the profitability of a farm… Read More

A balance sheet is a farm account that shows the financial health of a farm at a specific point in time. It balances the assets against liabilities and owner’s equity.… Read More

Farm assets must be valued at least once a year, typically at the end of the accounting period for a specific farm. Depreciation of assets is essential for farm accounting… Read More

The cost of production refers to expenditures on inputs or resources employed in a production process. In other words, the sum total of rent, wages, and interest on borrowed funds… Read More

Fixed or long-term assets are not consumed entirely in one production process but are gradually used over a period of time, referred to as their estimated lifetime or lifespan. The… Read More

Farm business analysis is the process of retrieving, organizing, processing, and analyzing information used in farm business decision-making. It plays a crucial role in the management of modern agricultural enterprises.… Read More

Production is incomplete until products reach the final consumers. Therefore, it is essential for agribusiness managers to understand marketing management, which involves a series of activities that facilitate products reaching… Read More

The agricultural marketing system has two distinct dimensions. One of these dimensions involves the institutions, organizations, and enterprises that participate in a market, while the other is the functions these… Read More

Production is incomplete until the products are in the hands of consumers. All activities involved between the time the product leaves the farm gate and the time it reaches the… Read More

Production is incomplete until it reaches the possession of final consumers. It is essential for agribusiness managers to be familiar with marketing management, which involves a series of activities that… Read More

The cash flow plan is an essential financial management tool for agribusiness operations. It addresses one of the most serious financial challenges faced on farms today managing cash flow effectively.… Read More

A number of ratios have been developed to assist in the review of the balance sheet. These ratios serve as useful tools for evaluating the financial health of an agricultural… Read More