Social and Behavioral Sciences Commons^™

Impact Of Selected Financial Measures On The Term Debt Repayment Ability Of Illinois Grain Farms, Samuel Awortwe Johnson

Theses and Dissertations

A clear and accurate assessment of the financial performance of a farm business is an important component of financial management at any time but becomes even more crucial in periods of economic downturn in the farm sector. Farmers continue to increase their debt even though the prices of commodities are low, and the prices of inputs are high (Krapf, Raab, & Zwilling, 2017). In addition, high family living expenses can also place financial pressure on farms (Scott, 2016). This study focused on identifying and estimating the impact of key factors which included financial measures and family living expenses on the …