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CSEC Agricultural Science · May/June 2014 · Paper 2 · Question 7(c)

Calculate the value of a handheld tractor after 5 years, given an initial purchase price of $1000 and straight-line depreciation of 10% per annum. Show all workings.

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Other parts of this question

  1. 7(a)(i)Explain what is meant by 'organic farming'.[2 marks]
  2. 7(a)(ii)State ONE way in which adopting organic farming methods can increase farm income.[1 mark]
  3. 7(a)(iii)State TWO reasons why Farmer Mungal might be denied organic certification for his lettuce farm.[2 marks]
  4. 7(b)(i)Identify the type of budget required to evaluate whether to expand the farm.[1 mark]
  5. 7(b)(ii)a)Based on Table 3, give TWO reasons supporting the decision to expand production to two hectares.[2 marks]
  6. 7(b)(ii)b)Assuming product prices remain constant, recommend TWO strategies to improve the profitability of the enterprise.[2 marks]

More practice: the rest of this paper · more Farm Organisation and Planning questions · all CSEC Agricultural Science past papers