Data/hora: 11/06/2024 09:00:38

Provedor de dados: 	94	
País: 	Brazil	
Título: 	CITRICULTURE ECONOMIC AND FINANCIAL EVALUATION UNDER CONDITIONS OF UNCERTAINTY	
Autores: 	SIMÕES,DANILO; CABRAL,ANTÔNIO CARLOS; OLIVEIRA,PAULO ANDRÉ DE.	
Data: 	2015-12-01	
Ano: 	2015	
Palavras-chave: 	Risk analysis; Citrus sinensis Osbeck; Agricultural economics; Monte Carlo.	
Resumo: 	ABSTRACT  The citriculture consists in several environmental risks, as weather changes and pests, and also consists in considerable financial risk, mainly due to the period ofreturn on the initial investment. This study was motivated by the need to assess the risks of a business activity such as citriculture. Our objective was to build a stochastic simulation model to achieve the economic and financial analysis of an orange producer in the Midwest region of the state of Sao Paulo, under conditions of uncertainty. The parameters used were the Net Present Value (NPV), the Modified Internal Rate of Return(MIRR), and the Discounted Payback. To evaluate the risk conditions we built a probabilistic model of pseudorandom numbers generated with Monte Carlo method. The results showed that the activity analyzed provides a risk of 42.8% to reach a NPV negative; however, the yield assessed by MIRR was 7.7%, higher than the yield from the reapplication of the positive cash flows. The financial investment pays itself after the fourteenth year of activity.	
Tipo: 	Info:eu-repo/semantics/article	
Idioma: 	Inglês	
Identificador: 	http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0100-29452015000400859	
Editor: 	Sociedade Brasileira de Fruticultura	
Relação: 	10.1590/0100-2945-257/14	
Formato: 	text/html	
Fonte: 	Revista Brasileira de Fruticultura  v.37 n.4 2015	
Fonte: 	info:eu-repo/semantics/openAccess