fpr04part1 - Completing the Farm Plan Project Part 1 Your...

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Completing the Farm Plan Project, Part 1 Your farm plan project will include the following items: 1) Set of tables describing the physical and financial characteristics of the farm during the selected year. Including: 1) inventory of machinery and equipment; 2) inventory of real estate, 3) inventory of feed, grain, supplies, etc.; 4) land use, crop production, and sales for the selected year; 5) inventory, purchases, and sales of livestock; 6) cash farm expenses for the selected year. You already have all needed data, but you must organize it properly, complete totals, etc., where relevant. See the guide on the website for formatting. 2) A balance sheet and income statement developed from these tables. You must also provide analyses for these tables. For the balance sheet, calculate all relevant ratios (see guide) and estimate "borrowing potential" or "needed debt reduction" based on a debt to asset ratio of 0.4. For the income statement, calculate all relevant returns (see guide). 3) A write-up explaining what you have done. The paper should be presented in report style, with tables in the back. In the written section, each table should be referenced and discussed in order of appearance. This is a formal paper. The "guide" you have been given explains how to complete all these tables.
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This note was uploaded on 11/15/2011 for the course AGEC 7100 taught by Professor Duffy,p during the Fall '08 term at Auburn University.

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fpr04part1 - Completing the Farm Plan Project Part 1 Your...

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