FINANCIAL ANALYSIS AND FARMING FEASIBILITY OF SALAK PONDOH IN TIGA JUHAR VILLAGE, STM HULU SUBDISTRICT, DELI SERDANG DISTRICT
- Science and Technology Departement, Pembangunan Pancabudi University, North Sumatera, Indonesia.
- Abstract
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The purpose of this research is to determine the Income and profits of Salak Pondoh farming and the feasibility in Tiga Juhar Village, STM Hulu District, and Deli Serdang Regency. This research conducted in Tiga Juhar Village, STM Hulu Subdistrict, which was deliberately chosen as the location of the study because it was the center of the production of Salak Pondoh in Deli Serdang. The number of respondents was 60 farmers who were taken randomly by a simple random sampling system. The research method used in this research is a survey method; the data collection was carried out in April 2018. The Sampling of this research was to answer the quantitatively by using financial analysis Net B / C NPV, IRR, PBP, and sensitivity analysis using a 9% discount factor. The Results showed that Salak Pondoh farming in Tiga Juhar Village, STM Hulu subdistrict was financially feasible and profitable to continue. This refers to the value of the Net B / C = 3.5, value of NPV = 116,953,200. The value of IRR = 20.6% and PBP = 4 years 8 months. Salak Pondoh farming is sensitive to decreasing production and decreasing production prices, but not sensitive to rising fertilizer prices.
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[Muhammad Wasito, Ismail Dahlan and Aulia Harahap (2020); FINANCIAL ANALYSIS AND FARMING FEASIBILITY OF SALAK PONDOH IN TIGA JUHAR VILLAGE, STM HULU SUBDISTRICT, DELI SERDANG DISTRICT Int. J. of Adv. Res. 8 (Feb). 15-22] (ISSN 2320-5407). www.journalijar.com
1. Science and Technology Departement, Pembangunan Pancabudi University, North Sumatera, Indonesia.
