Life Sciences Commons^™

Basic Concepts In Forest Valuation And Investment Analysis: Edition 3.0, Steven H. Bullard, Thomas J. Straka

Faculty Publications

This book was originally intended to supplement lectures in forestry economics at the undergraduate level. It’s currently used for that purpose in ‘Forest Resource Economics’ courses at several universities. The book is also intended, however, to serve as a basic reference for foresters with experience in valuation and investment analysis concepts and methods. It has proven to be a valuable resource in forest valuation and investment analysis workshops for practicing foresters, landowners, and others interested in forestry investments.

Forval: Computer Software Package For Agricultural And Natural Resources Investment Analysis, T. J. Straka, Steven H. Bullard

Faculty Publications

The valuation of agricultural and natural resource investments presents challenging analysis problems that often require the use of computer software. Most of these computer packages are complex and costly. FORVAL is a free, user-friendly, menu-driven, agricultural and natural resource investment analysis package. It can accommodate any investment scenario and includes the standard financial criteria (net present value, rate of return, equal annual income, benefit/cost ratio, and land expectation value for forestry investments). FORVAL accommodates various cash flows like single sum, terminating annual and periodic series, and perpetual annual and periodic series. It also has options for payment and price projections.

Forval For Windows: A Computer Program For Forest Valuation And Investment Analysis, Steven H. Bullard, Thomas J. Straka, James L. Carpenter

Faculty Publications

FORVAL (FORest VALuation) for Windows is a computer program for cash flow analysis of forestry investments. FORVAL was written in Visual Basic and is available from the Forest and Wildlife Research Center at Mississippi State University. We designed FORVAL to be used without a manual. It is user-friendly and includes a Windows Help file. Users enter the data requested for each box on the form and then press an appropriate button to perform the desired action.

Basic Concepts In Forest Valuation And Investment Analysis, Steven H. Bullard, Thomas J. Straka

Faculty Publications

The current edition 3.0 can be found at the following location:

Bullard, Steven H. and Straka, Thomas J., "Basic Concepts in Forest Valuation and Investment Analysis" (2011) eBooks http://scholarworks.sfasu.edu/ebooks/21

This book was originally intended to supplement lectures in forestry economics at the undergraduate level. At Mississippi State University, for example, these materials are currently used in one of the eleven major topics included in a one-semester course titled 'Forest Resource Economics.' It is also intended, however, that the book will serve as a basic reference for foresters with experience in valuation concepts and terminology. It has proven to be a …

A Note On After-Tax Analysis Where Capitalized Costs Are Depreciated, Steven H. Bullard, Thomas J. Straka

Faculty Publications

Forest management often requires relatively long-term and capital intensive investments. Economic analysis of timber management alternatives can therefore be an extremely important aspect of decision-making. Investment analysis techniques are prominent in forest management texts and have also been the subject of many articles in the forestry literature.

Any forestry investment analysis involves several important aspects. Topics included in reports by Gunter and Haney (1984) and Bullard et al. (1986), for example, include the treatment of inflation, income taxes, risk, and the choice of an appropriate discount rate. In this article, we focus on a very specific aspect of after-tax investment …