Vol. 9, Special Issue 2 (2021)
Net worth statement of mechanised farm and non-mechanised farm in Parbhani District of Maharashtra
Author(s): MS More, UT Dangore and VJ Rathod
Abstract: Investigation was carried out during the year 2014-15.Cross sectional data were collected from sample growers with the help of pretested schedule by personal interview method. Budgeting technique was applied to achieve the objective. The results revealed that the total asset found to be Rs.2624118.69 while the total liability was Rs. 216928.34 and net worth or equity was found to be Rs.2407190.35 on mechanised farm, where as total asset was Rs.2385168.48while total liability was Rs.274014.90 and worth or equity was found to be Rs.2111153.58 on non-mechanised farm. Equity value ratio was 0.92 and 0.89 on mechanised farm and non-mechanised farm, respectively. Equity value on mechanised farm was slightly higher than that of non-mechanised farm. This ratio indicated the farm position of business over the period of time. Debt value ratio on mechanised farm and non-mechanised farm was 0.09 and 0.13, respectively. The lower the ratio, it was good sign of the business. Thus, mechanised farm was in a good condition because its owner’s equity was higher.
Pages: 93-96 | 458 Views 45 Downloads
How to cite this article:
MS More, UT Dangore and VJ Rathod. Net worth statement of mechanised farm and non-mechanised farm in Parbhani District of Maharashtra. International Journal of Chemical Studies. 2021; 9(2): 93-96.