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Catalogue: GRDC Updates (South)
The adoption of a production system where only crops have to be managed, can be rationalised on the basis that a manager is likely to perform better in an area in which he or she specialises and prefers... Managers need to focus on the unit Cost of Production (before interest), or Break Even Price (after interest), to ensure that there is sufficient margin between these figures and their expected returns... It is appropriate that when a property is purchased, a qualified assessor be engaged to provide a depreciation and capital works report...
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Catalogue: GRDC Updates (South)
The adoption of a production system where only crops have to be managed, can be rationalised on the basis that a manager is likely to perform better in an area in which he or she specialises and prefers... Managers need to focus on the unit Cost of Production (before interest), or Break Even Price (after interest), to ensure that there is sufficient margin between these figures and their expected returns... It is appropriate that when a property is purchased, a qualified assessor be engaged to provide a depreciation and capital works report...
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Catalogue: GRDC Updates (South)
Farm Business Update sponsored by.. Managers need to focus on the unit Cost of Production (before interest), or Break Even Price (after interest), to ensure that there is sufficient margin between these figures and their expected returns... It is imperative that growers understand the difference between efficient and non-efficient debt, and know how to classify their debts ...
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Catalogue: GRDC Updates
The Conservative Approach: Using Farm Profits to Payout Farm Debt.. Using normal depreciation, if an asset is purchased part way through a year, the depreciation claim for that year must be apportioned on a pro-rata time basis... The contributions assessed to the fund will still be taxable but the existing assets supporting the pension payable will earn tax free income...
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