Farm Management

1 Management 1 Farm Management in the Twenty-First Century 2 Management 2 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 3 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 4 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 5 Acquiring Resources for Management 19 Capital and the Use of Credit 20 Land - Control and Use 21 Human Resource Management 22 Machinery Management Appendix Appendix B: Answers to Odd-Numbered Exercises