Economics - Biological systems (Cash Flow budget)
Order Description
Part A
Usin" rel="nofollow">ing the data below, and an excel spreadsheet, construct a monthly statement of farm busin" rel="nofollow">iness
in" rel="nofollow">income and farm expenditure. You will need to work out the calendar of operations for each
enterprise, and then determin" rel="nofollow">ine the monthly costs and receipts. Fin" rel="nofollow">ind the totals for each in" rel="nofollow">income and
expenditure category and derive in" rel="nofollow">income, expenditure and net return totals for the farm busin" rel="nofollow">iness for
each month, and for the year as a whole.
B. Gross margin" rel="nofollow">ins
Construct a per hectare gross margin" rel="nofollow">in (difference between gross in" rel="nofollow">income and operatin" rel="nofollow">ing costs, expressed
per hectare of crop) for sorghum, wheat and barley. If you prepare your Cash Flow Budget correctly,
you can easily use that in" rel="nofollow">information to calculate your gross margin" rel="nofollow">ins