LFP 221: Livestock Farm Practice (0+1)

COMPUTING RETURNS

• A simple method is based on comparison of cost of feed with the value of the milk produced to arrive at the income per Rs.100 worth of feeds fed.
• It can also be computed by
  • Profit = Total receipts-Total expenditure (minus manager's labour)
  • % return on investment =((Receipts - Expenses less interest)/ total investment) x 100