Preview

The Baron's Determination Of Farmers Wheat Production

Satisfactory Essays
Open Document
Open Document
929 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Baron's Determination Of Farmers Wheat Production
Concordia University
Executive Summary

Problem/Goal Definition

The Baron’s goal is to determine which farmers’ wheat production was more efficient with respect to the resources provided to them.

Quantitative Analysis

• Bushels of wheat are used as the common denomination in this case.

• Oxen and plow are depreciable assets. According to Exhibit C and Exhibit D, both farmers’ oxen are depreciated using the straight-line method. Frederick can depreciate his plow, but Ivan cannot.

• According to Exhibit C, Ivan has a liability of 3 bushels towards the plow maker.

• As shown by Exhibit E and Exhibit F, the total wheat production was 381; sufficient to provide for all the Baron’s peasants.

• As per Exhibit …show more content…
| ASSETS | |
| Land | 100 |
| Ox | 40 |
| Seed | 20 |
| Fertilizer | 2 |
| | 162 |
| | |
| LIABILITIES | |
| None | - |
| | - |
| | …show more content…
| | 162 |
| | |
| SHAREHOLDER EQUITY | |
| Baron's Contribution | 162 |
| | 162 |

Exhibit B

|Balance Sheet for Frederick |
| Beginning of season |
| (all amounts are in bushels of Wheat) |
| | |
| ASSETS | |
| Land | 50 |
| Ox | 40 |
| Seed | 10 |
| Fertilizer | 1|
| | 101 |
| | |
| LIABILITIES | |
| None | |
| |-
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Analyze the Ways in Which Techonology, Government Policy, and Economic Conditions Changed American Agriculture in the Period 1865-1900
    • 788 Words
    • 4 Pages

    Analyze the Ways in Which Techonology, Government Policy, and Economic Conditions Changed American Agriculture in the Period 1865-1900

    In the period 1865-1900, technology, government policy, and economic conditions all changed American agriculture a great deal. New farming machinery had a large role in the late 19th century, giving farmers the opportunity to produce many more crops than they had ever been able to previously. The railroads had an enormous influence on agriculture. They were able to charge the farmers large fees, expenses that farmers barely had enough to cover, in order to transport their goods throughout the expansive country. The booming industry also changed American agriculture, creating monopolies and gaining incredible wealth with which the farmers simply could not compete. Economically, the monetary policy along with the steadily dropping prices of agricultural produce led farmers further into debt, eventually producing outcomes such as the crop-lien system and sharecropping. All of these tie into government policy, which, more often then not, favored the large and wealthy industries and monopolies over the farmers.…

    • 788 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Berrys Bug Blaster
    • 261 Words
    • 2 Pages

    Berrys Bug Blaster

    Income Statement 1/1/2008 - 12/31/2008 | Revenue | | | $3,249,580.53 | | Direct Expenses | | | | Salaries & Wages | $487,437.08 | | | Vehicle Maintenance | $64,991.61 | | | Fuel | $20,449.80 | | |…

    • 261 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Wickard Vs Filburn Case Study
    • 473 Words
    • 2 Pages

    Wickard Vs Filburn Case Study

    The Commerce Clause allows Congress the authority to regulate the price of wheat to the extent that farmers could produce wheat to meet their own home needs, the demand for wheat is affected. While Filburn’s production alone may have a minimal effect on commerce, the combination of these minimal productions would have a substantial effect on commerce. Although Filburn’s planting is local it can still be regulated by Congress as it has the potential to have a substantial economic effect on commerce, regardless whether that affect is direct or indirect.…

    • 473 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Farming On The Divide Chapter 1 Summary
    • 1372 Words
    • 6 Pages

    Farming On The Divide Chapter 1 Summary

    When Alexandra’s brothers, Lou and Oscar, insist they sell the farm to leave the Divide, Alexandra protests they keep the land. She is convinced she can find an alternative way to farm the Divide. Alexandra explores the river country because of her interests in learning new farming methods to save her father’s farm. Unfortunately, Alexandra becomes disappointed when she discovers the river country is no more flourishing than the highlands. She resolves to keep farming on the Divide, but she tries to apply her new farming techniques in hopes one day the land will repay her for her effort.…

    • 1372 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Good Essays

    Ap Us History Chapter 17 Summary
    • 1747 Words
    • 7 Pages

    Ap Us History Chapter 17 Summary

    -production boosted: steel plows, spring tooth harrows, improved grain binders, threshers, and windmills increased yield tenfold; also barbed wire…

    • 1747 Words
    • 7 Pages
    Good Essays
    Read More
  • Good Essays

    Moree Agronome
    • 559 Words
    • 3 Pages

    Moree Agronome

    “I check mainly wheat, barley, chickpeas, sorghum, some canola and cotton and I guide growers with crop management decisions”.…

    • 559 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    The Daily Struggles Of Farmer Summary
    • 603 Words
    • 3 Pages

    The Daily Struggles Of Farmer Summary

    The Daily Struggle of Farmers What is a profile essay? A profile aims to inform the audience about a specific person, place, or event that might otherwise be unknown to them. This type of essay provides vivid, interesting descriptions of facts pertaining to the subject.…

    • 603 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    American Agriculture 1880-1910 Essay Example
    • 554 Words
    • 3 Pages

    American Agriculture 1880-1910 Essay Example

    As a result of the more efficient production, farmers could charge less and less the more they produce (Document A). From 1870 to 1900, the number of bushels (in millions) produced went up 239%, while the price per bushel went south 53%. Although this seemed very…

    • 554 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    A Westchester Farmer Analysis
    • 1425 Words
    • 6 Pages

    A Westchester Farmer Analysis

    "A full vindication of measures of Congress" is one of Alexander Hamilton's first published letters, in response to the letter of " A Westchester Farmer", which accuses the actions of the first Continental Congress. Hamilton starts the letter with defending decisions and actions of the Congress, and disproving the "Farmer's" accusations by logically and precisely responding to his main points, with facts and examples. Then, he proves how the Congress has recommended the only effective way to secure Colonial security and establish a solid future, mainly by boycotting all trades with the British empire and gaining independence. Hamilton then, addresses the farmers of New York directly and talks them…

    • 1425 Words
    • 6 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Donkey Caravan Essay
    • 424 Words
    • 2 Pages

    Donkey Caravan Essay

    to greatly increase agricultural productivity and yield, one should build and use a plough. There…

    • 424 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    The Role Of Farming In America And Politics Of The Gilded Age
    • 107 Words
    • 1 Page

    The Role Of Farming In America And Politics Of The Gilded Age

    In the period of time following the end of the Civil War in 1865 to the turn of the century some 35 years later, American’s bore witness to the demise of an almost entirely rural and agricultural nation dominated by farmers to the rise of an urban and industrial society dictated by bankers, industrialists and city dwellers. This momentous transformation enabled the United States to mature into the wealthiest and most powerful it had ever been before. The progress was achieved, however, only with immense adversity for those in the American agricultural community. Farmers, faced numerous obstacles and…

    • 107 Words
    • 1 Page
    Good Essays
    Read More
  • Better Essays

    The Role of Agriculture in the Middle Ages
    • 1173 Words
    • 5 Pages

    The Role of Agriculture in the Middle Ages

    In the middle ages the peasants of the manor labored in the fields and produced the crops. They had a system that worked for them, but it was not sufficient enough and they needed to find a way to produce more crops more efficiently. They used a system call the open field system which allowed a number of households to work on a single field. They did not fence in the property which allowed each family to take turns working the field. Around 1000A.D. they started looking for innovations to improve their agriculture. They used a two field system that only allowed them one half of the land to use per year. Which left the other half of the land lay dormant to allow the nutrients to return to its soil. They used a style of plowing called criss-cross double field plowing. Eventually they came up with three major innovations which would change their production and provide much more efficient ways of producing crops throughout their fields.…

    • 1173 Words
    • 5 Pages
    Better Essays
    Read More
  • Good Essays

    Marriott Rooms Forecasting
    • 2499 Words
    • 10 Pages

    Marriott Rooms Forecasting

    Netessine, S., & Shumsky, R. (2002). Introduction to the theory and practice of yield management. INFORMS Transactions on Education, 3(1), 34–39.…

    • 2499 Words
    • 10 Pages
    Good Essays
    Read More
  • Good Essays

    The Impact of the Agricultural Revolution
    • 595 Words
    • 3 Pages

    The Impact of the Agricultural Revolution

    The Agricultural Revolution was the beginning of a chain of events that led us to where we are today. Without inventions such as the Horse Hoe, we might not have modern day tractors and plows. Because of the better farming techniques, there became an excess of food produced. With less emphasis on ensuring that one would have food, people branched out and found a profession besides farming. The Agricultural Revolution was one of the most important events in modern history because it was the beginning of using technology in farming, it produced extra food, and it helped form a greater division of labor.…

    • 595 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Feudal Society
    • 1310 Words
    • 2 Pages

    Feudal Society

    Context: The peasants were the economic backbone of society, growing the crops and producing the other…

    • 1310 Words
    • 2 Pages
    Powerful Essays
    Read More

Related Topics