Analysis of the economic viability of organic production system of ornamental pineapple plants for cut stems

The growth of Brazilian floriculture is remarkable, both in terms of the number of producers and the cultivated area. To reduce costs and add value, the organic production of ornamental pineapple plants is an option for some consumer markets. This study was carried at the Fundação José Carvalho, municipality of Entre Rios (Bahia State), Brazil, to evaluate the economic viability of the organic production of ornamental pineapple plants, as well as to analyze the economic factors from implantation of the crop to the final production phase. Primary and secondary data collection (technical coefficients and prices) was carried out, which allowed updating the value of these coefficients. After determining the technical coefficients, input prices and product prices were surveyed and were inserted in spreadsheets of production cost and profitability. Data processing and profitability analysis were carried out under deterministic and risk conditions. The organic cultivation system for ornamental pineapples proved to be economically viable, providing greater profitability and production of stems, which is the product of interest.

Net-Metering vs. Net-Billing from the Investors Perspective—Impacts of Changes in RES Financing in Poland on the Profitability of a Joint Photovoltaic Panels and Heat Pump System

The paper explores the impacts of changes in renewable energy sources (RES) financing in Poland on the profitability of coupled photovoltaic panels and heat pump systems. The profitability analysis is conducted with the use of Net Present Value calculation and the return on investment period. The degree of change in profitability of using photovoltaic panels in Poland is dependent on the method of their financing. The analysis is carried out for two different photovoltaic support schemes: (1) the net-metering scheme currently in force in Poland; (2) the net-billing system scheduled for implementation in the year 2022. It is assumed for the analysis that two alternative heating and electricity supply systems for a single-family building will be operated: (a) a standard solution used in Poland consisting of a natural gas-fired boiler for heating and the purchase of electricity from the power grid, (b) an air/water heat pump used to heat the building, and electricity obtained from photovoltaic panels, also used to power the heat pump. A sensitivity analysis is carried out, examining the impact of several key parameters relevant for the profitability of such investments, such as average annual increase in the purchasing or selling prices of electricity, purchasing prices of natural gas, and inflation rate. The conclusions concern the possible consequences of introducing a new support scheme for photovoltaics in Poland. The highest profitability of all considered solutions is for the current scenario for heat pump and pv installation with the capacity to meet the demand in the last year of operation. The introduction of changes in the new RES law (2021) in Poland will reduce the profitability of investments in pv panels, leading to a slowdown in the investments in the pv installations.

Ex-Ante Study of Biofuel Policies–Analyzing Policy-Induced Flexibility

A variety of policy types are available to foster the transition to a low-carbon economy. In every sector, including transportation, heat and power production, policymakers face the choice of what type of policy to adopt. For this choice, it is crucial to understand how different mechanisms incentivize investments in terms of improving their profitability, shaping the flexibility available for investors, and how they are affected by the surrounding uncertainty. This paper focuses on transportation-biofuel policies, particularly on the financial incentives put on the bio-component of fuel and the combination of using penalties and tax-relief. Delivery of vital policymaking insights by using two modern simple-to-use profitability analysis methods, the pay-off method and the simulation decomposition method, is illustrated. Both methods enable the incorporation of uncertainty into the profitability analyses, and thus generate insight about the flexibilities involved, and the factors affecting the results. The results show that the combination of penalties and tax-relief is a way to steer fuel-production towards sustainability. The two methods used for analysis complement each other and provide important insights for analysis and decision-making beyond what the commonly used profitability analysis methods typically provide.

Profitability Analysis of a Four Crop Based Cropping Pattern in Bogura Region of Bangladesh

Farmers in the Bogura region benefit significantly from the systematic use of crop rotation. The experiment was performed at the Shibganj, Bogura, in 2015-16 and 2016-17 to create a potato-Boro-radish-T. Aman rice crop sequence that would compete with the potato-Boro-T. Aman rice crop sequence. Primary objectives of the experiment were to determine the cost of producing enhanced Potato-Boro-Radish-T. Aman rice and compare it to current potato-boro-t. aman rice. There were two patterns: Current Cropping Pattern Potato (BARI Alu-8)-Boro (BRRI dhan 28)-T. Aman (BRRI dhan-49) and Alternative Cropping Pattern Potato (BARI Alu-25)-Boro (BRRI dhan 28) -Radish (Rocky)-T. Aman (BRRI dhan-57). The research revealed that an alternative cropping pattern required average crop duration of 315 days to complete one cycle in a year, implying that a four multiple cropping sequence was economically viable to replace the current cropping pattern. In terms of mean REY, the total grain/tuber yield was 42.80 t/ha/year, which was 66% greater than the current pattern (25.76 t/ha/year). The overall production efficiency (185.14 kg/ha/day), usage of land (86.16%), and engagement in the population (660 man-days/ha/year) of the alternative cropping pattern were 45, 7, and 41% higher, respectively, than the current cropping pattern. Alternative cropping patterns had the gross benefit of 274911 Tk./ha/year, indicating that they were sparingly sustainable. The alternative crop sequence also improved crop strength, growers' real understanding, technique, profits, and engagement. Furthermore, by trying to incorporate T. aman straw into soil with an alternative cropping pattern, it promotes soil health. As a result, farmers in Bangladesh's Bogura region may employ a different planting pattern on their variable land in order to boost production and profitability while also creating jobs.

Profitability Analysis of Audit Firms – Evidence from the Republic of Serbia

This paper aims to provide an analysis of the profitability of audit firms in the Republic of Serbia during the period 2016-2018. The analysis is based on the data collected from the financial statements from all audit firms registered in the Republic of Serbia. The profitability analysis includes two goals. This paper will primarily provide a descriptive statistical analysis of the profitability of audit firms measured by return on assets and net income per employee. The following part of the research will answer the question of which factors have a significant impact on the profitability of audit firms. Profitability as a dependent variable is defined as return on assets and net income per employee, while independent variables include market share, current ratio, leverage, size, affiliation to the international network, etc. To answer this question, a regression statistics analysis will be conducted. The research result will indicate which factor can improve the performances of audit firms. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Profitability Analysis of Small and Medium Scale Salt Enterprises, Misamis Oriental, Philippines

The study analyzed the profitability of small and medium scale salt enterprises in Alubijid and El Salvador City, Misamis Oriental, Philippines. It determined salt production practices; assessed the profitability of salt production; and identified the problems encountered in salt production. Forty-two salt producers in the area were personally interviewed using a pre-tested interview schedule. Descriptive and cost and returns analysis, rate of return on investment (ROI), and ANOVA were employed. Results revealed that the production practices of the salt producers are dictated by the flooring materials of salt beds and the type and volume of salt produced were highly dependent on the flooring materials and on weather. It was concluded that salt production is a profitable enterprise and the salt beds with transparent polyethylene plastic as flooring material were the most profitable, despite having the most labor-intensive production process. Recommendations include usage of transparent polyethylene plastic as flooring material and teaching appropriate technology for seawater filtration to address the problem on degraded quality of seawater with the local government unit (LGU) taking the lead. Also, a soft loan program be put up for buying flooring materials so that more members of the lakeshore community can engage in the salt making.

Optimal N Application Rates on Switchgrass for Producers and a Biorefinery

This study analyzes the effects of N fertilizer application rates on profitability of growing switchgrass and using the feedstock in a pyrolysis biorefinery facility to create a source of sustainable aviation fuel (SAF) supply in Tennessee. Switchgrass (Panicum virgatum L.) is a perennial bunchgrass native to North America with traits suitable for biofuel and co-product production. Previous chemical analysis has shown that ash content in switchgrass is related to the amount of nitrogen applied to the field, while at the biorefinery level, the percentage ash content reduces the biorefinery fuel output. To obtain optimal nitrogen (N) application rates for the switchgrass producers and the biorefinery, a two-part analysis is employed. First, a partial budgeting profitability analysis is conducted for this cropping enterprise at the farm-gate level without considering downstream implications of biomass quality, i.e., ash content. Second, the effects of higher ash content as a percentage of the feedstock on biorefinery output are analyzed. Results show farm-gate profit is maximized when N fertilizer is applied at 111 kg/ha, while as a result of increased production levels and decreased percentage ash content, biorefinery profit is maximized when N is applied at 157 kg/ha. Lower ash could lead to premium prices paid to switchgrass producers if higher quality feedstock were to be demanded as part of an integrated biofuel industry.