000			01027cab a2200217 4500
001			ABS37601
008			090401t1987 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u5487
041			_aeng
100			_aTaylor, P.
245			_aWhen purchasing equipment, dont forget the cost of capital
260			_c1987
350			_a0
490			_aNatWest Agricultural Digest _v(15) January 1987, 7-10(4)
520			_aEfficiency is seen in terms of controlling costs rather than increasing output. It is suggested that "payback" is now probably the best technique for decisions about purchasing equipment . Essentially this means expecting an item of capital equipment to pay for itself within a specified period. The problems and possibilities of this method are considered with a worked example, and discounted payback, net present value, internal rate of return and net terminal value techniques compared.
650			_aCAPITAL COSTS
650			_aFARMING
690			_aRURAL PRACTICE
942			_n0
948			_c04/03/1997
999			_c3268 _d3268