MODULE NO. 6 ANALYZING RECORD
Record keeping is another important aspect of small ruminants raising. It keeps
track of the status and progress of the endeavor. Once a farm record-keeping system
has been established, analyzing the records begins. After analysis, the raiser makes
decisions on both production and finances and their impact on profitability. A number
of financial analysis tools can be used when accurate and complete farm records are
available. These tools include the balance sheet, income statement and projected
monthly cash flow statement. These three financial statements provide information
for making short and long term financial decisions.
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FINAL MATERIALS FOR CBLM-SMALL RUMINANTS
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