Tle lesson 2 Flashcards
The salary of a farm laborer
Wage
It is a plan for a business endeavors detailing the expected and estimated income and expenses
Project proposal
The amount of nutrients required by a particular crop
Recommended rate
Are materials needed in the production process
Inputs
A lost of income, expenses and net profit or net ooss of a company
Financial statement
The amount of available nutrients present in every 100 kilograms of the materials
Fertilizer grade
This is a form os computing the depreciation cost which is determined by deciding original cost by the number of usable years after deducting the salvage value
Straight line method
The percentage added to the cost of production to take care of the services grower like handling, taking of the risk etc
Mark up
The value of the tools after reaching thier estimated life year
Salvage value
Chemical used in spraying intended to control insects
Sprayer/knapsack
Income minus expenses
Profit
A system of computing depreciation cost that require annual rate of depreciation
Diminishing balance method
The ordinary mean and tear of anything
Depreciation
The expected number of usable years a farm tool will last
Life span
