Cost and Return on Investment in Anthurium as a Cut Flower.

Authors

  • Sompian Kasemsap Dept. of Horticulture, Faculty of Agriculture, Kasetsart Univ.,Bangkok 10900.
  • Boonserm VimuKtanandana Dept. of Accountancy, Chulalongkorn Univ.,Bangkok 10500.
  • Aram Kuptametee Dept. of Accountancy, Chulalongkorn Univ.,Bangkok 10500.

Abstract

The result of the study indicated that, anthurium grown in bamboo lath house with cement floor, in case of including opportunity cost, average cost per unit was Bath 2.54 and average profit per unit was Baht 0.57. In the case of excluding opportunity cost, average cost per unit was Baht 1.93 and average profit per unit was Baht 1.18. the results of the analysis of rate of return on investment were summarized as follow. (1) payback period was 3.86 years. (2) net Present Value at discount rate of 7.25 % and 12.5 % were Baht 247,943.37 and Baht 96,133.52, respectively. (3) benefit cost ratio at discount rate of 7.25 % and 12.5 % were 1.32 and 1.12 and (4) internal rate of return was 16.63 % Anthurium gown in bomboo lath house with dirt floor, in case of including opportunity cost, average cost per unit and average profit per unit were Baht 2.25 and Baht 0.36. In the case of excluding opportunity cost, average cost per unit and average profit per unit were Baht 2.11 and Baht 1.00. The results of analysis of rate of return on investment were summarizes as follows. (1) payback period was 4.20 years (2) net present value at discount rate of 7.25 % and 12.5% were Baht 133,460.41 and Baht 20,498.00, respectively. (3) benefit Cost Ratio at discount rate of 7.25% and 12.5% were 1.21 and 1.03 and (4) internal rate of return was 13.61% It could be concluded that the yield and the return on investment in anthurium grown in bamboo lath house with cement floor were higher than those grown in bamboo lath house with dirt floor.

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Published

01-01-1988

How to Cite

Kasemsap, S., VimuKtanandana, B., & Kuptametee, A. (1988). Cost and Return on Investment in Anthurium as a Cut Flower. Kasetsart Journal of Social Sciences, 9(1), 33–39. Retrieved from https://so04.tci-thaijo.org/index.php/kjss/article/view/243850

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Section

Research articles