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The Distribution Of Financial Results Between Farmers During A Period Of Agricultural Setbacks: Grain Farmers In The Western Transvaal, 1981/82

Author

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  • Janse van Rensburg, B. D. T.
  • Groenewald, J. A.

Abstract

The first half of the 1980s was a period of economic setbacks. Ratio numbers were used to measure financial success in the Western Transvaal. Median profitability was low, but solubility favourable. Excessive use of short-term debt capital was encountered. The median ratio between gross revenue and total costs was unfavourable; over-expenditure on fertilisers, fuel and repairs in particular, reduced profitability. Large variances were encountered in most ratios and distributions were not normal. Those whose performances were weaker in terms of profitability and liquidity incurred larger costs relative to revenue and also invested more.

Suggested Citation

  • Janse van Rensburg, B. D. T. & Groenewald, J. A., 1987. "The Distribution Of Financial Results Between Farmers During A Period Of Agricultural Setbacks: Grain Farmers In The Western Transvaal, 1981/82," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 26(1), February.
  • Handle: RePEc:ags:agreko:267142
    DOI: 10.22004/ag.econ.267142
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    Cited by:

    1. Groenewald, J. A., 1996. "Transformation: The Challenge To Commercial Agriculture," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 35(4), December.

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