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About this book
Designed to introduce students to the key concepts on how to effectively manage a farm business, this fifth edition provides students with the basic information needed to measure management performance, financial progress, and the financial condition of the farm business.
Contents
Part I Management Farm Management in the 21st Century 2 Management Part II Measuring Management Performance 3 Acquiring and Organizing Management Information 4 Depreciation and Asset Valuation 5 The Balance Sheet and Its Analysis 6 The Income Statement and Its Analysis Part III Developing Basic Management Skills 7 Economic Principles - Choosing Production Levels 8 Economic Principles - Choosing Input and Output Combinations 9 Cost Concepts in Economics 10 Enterprise Budgeting 11 Partial Budgeting 12 Whole Farm Planning 13 Cash Flow Budgeting Part IV Improving Management Skills 14 Forms of Farm Business Organization 15 Managing Risk and Uncertainty 16 Managing Income Taxes 17 Investment Analysis 18 Farm Business Analysis Part V Acquiring Resources for Management 19 Capital and the Use of Credit 20 Land-Control and Use 21 Human Resource Management 22 Machinery Management Appendix Glossary Index
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