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A Microcomputer Analysis of Farm Financial Performance

Published online by Cambridge University Press:  05 September 2016

Gary D. Schnitkey ,
Peter J. Barry  and
Paul N. Ellinger
Gary D. Schnitkey
Affiliation:
Department of Agricultural Economics, University of Illinois, Urbana-Champaign
Peter J. Barry
Affiliation:
Department of Agricultural Economics, University of Illinois, Urbana-Champaign
Paul N. Ellinger
Affiliation:
Department of Agricultural Economics, University of Illinois, Urbana-Champaign
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Abstract

This article describes the properties of the Farm Financial Simulation Model (FFSM). FFSM is a tool for analyzing the financial consequences of various managerial strategies and policy options that may be implemented in responding to farm financial stress. Various farm types from different geographical regions having differing enterprises, financial structures, tenure arrangements, and consumption patterns can be analyzed. The emphasis of FFSM is placed on modeling a farm's profitability, liquidity, solvency, and financial position and the model produces a coordinated set of financial statements and an extensive set of financial ratios over a four-year period.

Keywords

riskfinancial stressmicrocomputer applicationssimulation
Type
Submitted Articles
Information
Journal of Agricultural and Applied Economics , Volume 19 , Issue 2 , December 1987 , pp. 203 - 209
Copyright
Copyright © Southern Agricultural Economics Association 1987

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