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3 marksFarm Organisation and Planning

CSEC Agricultural Science · May/June 2007 · Paper 2 · Question 3(b)(i)

In January 2006, a farm tractor was valued at $18 000. By the end of the year it depreciated by 20%. Calculate the value of the tractor at the end of 2006, showing all working.

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Other parts of this question

  1. 3(a)Calculate the gross margin for the farm using the data in Table 2. Show all working.[3 marks]
  2. 3(b)(ii)Complete the statement by selecting the correct word from the options: Depreciation is classified as a (fixed, variable, capital) cost.[1 mark]
  3. 3(c)Farmer Afzal wants to purchase a five-hectare plot of land next to his farm. Advise him of THREE risks he must consider regarding this farm expansion.[3 marks]

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