Economics of Farm Enterprises II. (Farm Management II.) MSc level Individual assignment No. 2.

Individual assignment No. 2 Choose an enterprise that you know in your country’s agriculture Give a description of the chosen enterprise (location, marketing, technology, labour, machinery used by the enterprise) - approx. 0.5-1 page Give a description of the main affecting factors on the profitability of that enterprise: Give data on the enterprise output (if you do not know exact data then give a realistic estimation) in EURO List the different variable cost items and their values (exact data or realistic estimation) in EURO Calculate the Gross Margin of the enterprise in EURO/hectare or EURO/unit of output Give a list of the enterprise-related fixed costs in EURO Calculate and evaluate the enterprise profit in EURO Prepare an analysis on the performance, profitability and future prospects of the enterprise – approx 0.5 - 1 page Submit the assignment in printed form by: 4th May 2012