Table 5 Draft cattle enterprise gross margin calculation for the whole study sample
Item | Value (USD) |
|---|---|
a) Total value of livestock products, animals sold or transferred out of the herd | |
● Annual income from hiring out draft cattle | 60 935 |
● Animals sold | 17 101 |
● Animals given out as loan repayments | 1 710 |
● Value of animals stolen | 855 |
● Value of human labor saved | 19 997 |
Subtotal (a) | 100 598 |
b) Total value of animals brought in to the herd | 7 271 |
c) Change in herd value during the year | −25 421 |
d) Total livestock output (a-b + c) | 67 905 |
e) Total variable cost | −17 522 |
f) Total gross margin (d-e) | 50 383 |