Table 6. Meana Response for Farm Records Characteristics in Four Bid Ranges
|
Survey Question________ |
Bid Range | |||
|
$0-14,999 |
$15,000-75,499 |
$75,000 and greater |
No submitted bid | |
|
Accuracy Cash Accounting |
0.89 |
0.94 |
0.87 |
0.89 |
|
Accrual Accounting |
0.30 |
0.20 |
0.57 |
0.00 |
|
Cost Basis |
0.32 |
0.13 |
0.13 |
0.28 |
|
Market Value Farm & Personal |
0.42 |
0.31 |
0.40 |
0.50 |
|
Records Separate Reconcile Records & |
0.79 |
0.82 |
0.93 |
0.78 |
|
Bank Statement |
0.74 |
0.94 |
0.93 |
0.56 |
|
Beginning & Ending |
0.47 |
0.76 |
0.87 |
0.83 |
|
Key Financial Measures |
0.58 |
0.41 |
0.29 |
0.72 |
|
ROA |
0.21 |
0.18 |
0.29 |
0.17 |
|
ROE |
0.11 |
0.29 |
0.50 |
0.22 |
|
Checkbook Balance |
0.16 |
0.06 |
0.14 |
0.00 |
|
Gross Cash Income Accrual Net Farm |
0.16 |
0.06 |
0.07 |
0.06 |
|
Income |
0.11 |
0.29 |
0.29 |
0.22 |
|
Financial Training Training Received |
0.47 |
0.59 |
0.67 |
0.56 |
a 1 = positive response (i.e., yes); 0 = negative response (i.e., no).
Table 7 reports mean responses of survey questions for computer use and specific
purposes of farm financial records. More than 90% of the participants with higher bids use a
computer for farm record keeping, while only 68% of participants with bids under $15,000 do so.
Participants with bids over $15,000 had higher rates of computer ownership and computer usage
for farm tasks. The no-bid participants had lower percentage computer ownership but seemed to
better utilize the computer for farm tasks than participants with bids under $15,000.
18
More intriguing information
1. The name is absent2. The name is absent
3. Automatic Dream Sentiment Analysis
4. Credit Markets and the Propagation of Monetary Policy Shocks
5. Mortality study of 18 000 patients treated with omeprazole
6. The name is absent
7. The name is absent
8. The name is absent
9. The fundamental determinants of financial integration in the European Union
10. The Impact of Financial Openness on Economic Integration: Evidence from the Europe and the Cis