To construct a balance sheet, an income statement, and a cash flow statement, and analyze the financial position of the farm business. To define and evaluate risk, and compare strategies that reduce risk. To discuss alternative farm management options under current government agricultural policy and the changing structure of agriculture. Regular and punctual attendance at all class and laboratory sessions is the responsibility of each student. College work proceeds at such a pace that regular attendance is necessary for each student to obtain maximum benefit from instruction.
All absences are matters to be resolved between the instructor and the student.
In the event that a student finds it necessary to be absent from class, it is the student's responsibility to make up resulting deficiencies. There will be several assignments to give you an opportunity to become familiar with the subject matter that will be presented in this course. Some assignments will be completed individually and some assignments will be completed by assigned teams. Individual grades for team assignments will depend on the team grade and on peer evaluations by other team members. This syllabus is preliminary and is subject to change.