Charles B. Moss is Professor in the Department of Food and Resource Economics at the University of Florida.
This textbook integrates financial economics and management in the area of agricultural finance. The presentation of financial economics discusses how the credit needs of farmer/borrowers are met by depositors through commercial banks. The financial management content presents methods used to make farm financial decisions including farm accounting, capital budgeting, and the analysis of risk.
The textbook begins by developing the farm financial market focusing primarily on the market for debt. Next, the textbook presents an overview of accounting concepts important for the credit market. The accounting section provides a detailed discussion of the Farm Financial Standards Council´s suggestions for agricultural financial statements. Following the financial accounting, the book presents the use of ratio analysis applied to the farm firm. Next, the text describes capital budgeting followed by an introduction to risk analysis. Finally, the book presents the effect of debt decisions on the farm firm. In addition to the primary topics, the textbook includes a discussion of agricultural banking and monetary policy and an analysis of the choice of historical cost and market valued accounting methodologies on the farm debt decision.
1. Introduction Part I: Financial Institutions 2. Financial Institution and Markets 3. Financial Understanding of Accounting Concepts Part II: Deterministic Analysis 4. Ratio Analysis and the DuPont System 5. Capital Budgeting Part III: Risk in Investment 6. Valuing Investment Under Risk and Uncertainty 7. Debt Choice 8. Summary
This textbook integrates financial economics and management in the area of agricultural finance. The presentation of financial economics discusses how the credit needs of farmer/borrowers are met by depositors through commercial banks. The financial management content presents methods used to make farm financial decisions including farm accounting, capital budgeting, and the analysis of risk.
Über den Autor
Charles B. Moss is Professor in the Department of Food and Resource Economics at the University of Florida.
Inhaltsverzeichnis
1. Introduction Part I: Financial Institutions 2. Financial Institution and Markets 3. Financial Understanding of Accounting Concepts Part II: Deterministic Analysis 4. Ratio Analysis and the DuPont System 5. Capital Budgeting Part III: Risk in Investment 6. Valuing Investment Under Risk and Uncertainty 7. Debt Choice 8. Summary
Klappentext
Although supply and demand remains pivotal to any analysis of agriculture, it is important to take into account factors such as property rights, government interventions through trade barriers, and environmental restrictions. These institutions are among the major factors considered in this analysis of agricultural finance.
