FBMT2142

This course examines whole farm, enterprise, balance sheet, and inventory trends. Current analysis data is compared to historical data in making future farm business planning decisions. Financial ratios are used to indicate the farm financial structure.Student Learning Outcomes

• Revise financial accounting system(s) for effectiveness and accuracy
• Compare historical farm data with projected cash flow plans
• Analyze farm financial measures
• Interpret trend data for farm business decision-making processes
• Analyze current working capital position and working capital trend history
• Analyze current debt to asset percentage and debt to asset trend history
• Refine business goals in the development of cash flow planning
• Refine family and personal goals in the development of cash flow planning
• Compare trend data of current inventories to the current year?s balance sheet
• Integrate risk management and farm production plans
• Examine trend data to modify farm marketing strategies
• Utilize the farm analyses to improve its business organization and efficiency