Multi-Factor Analysis Model for Improving Profit Management Using Excel in Shellfish Farming Projects

Zhuming Zhao, Changlin Liu, Xiujuan Shan and Jin Yu

Asian Agricultural Research, 2013, vol. 05, issue 11, 3

Abstract: By using a farm’s data in Yantai City and the theory of Cost-Volume-Profit analysis and the financial management methods, this paper construct a multi-factor analysis model for improving profit management using Excel 2007 in Shellfish farming projects and describes the procedures to construct a multi-factor analysis model. The model can quickly calculate the profit, improve the level of profit management, find out the breakeven point and enhance the decision-making efficiency of businesses etc. It is also a thought of the application to offer suggestions for government decisions and economic decisions for corporations as a simple analysis tool. While effort has been exerted to construct a four-variable model, some equally important variables may not be discussed sufficiently due to limitation of the paper’s space and the authors’ knowledge. All variables can be listed in EXCEL 2007 and can be associated in a logical way to manage the profit of shellfish farming projects more efficiently and more practically.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/161937/files/6.PDF (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:asagre:161937

DOI: 10.22004/ag.econ.161937

Access Statistics for this article

More articles in Asian Agricultural Research from USA-China Science and Culture Media Corporation
Bibliographic data for series maintained by AgEcon Search ().