Financial Analysis of Folding Traps Fisheries Business Based in Demaan Village, Jepara Regency, Central Java
Year: 2024
Type: article
Abstract: Folding trap fishing business is widely used by fishermen in Demaan Village, Jepara Regency.This study aims to analyze the financial aspects of the folding trap fishing business.The financial aspects analyzed are the calculation of the Break Even Point (BEP) value, Revenue Cost Ratio (R/C ratio), Return on Investment (ROI), and Payback Period (PP).The method used in this study is descriptive quantitative with the snowball sampling method.This study was conducted in July -August 2023.The results of the calculation of the financial aspect analysis of the folding trap fishing business without and with auxiliary equipment in sequence are BEP production of 443 kg / year and 2,276 kg / year, BEP price of Rp33,117.00/ kg and Rp38,838.00/ kg, R / C ratio of 1.9 and 1.4, ROI 0.7 (70%) and 0.6 (60%), and PP 1 year 4 months 24 days and 1 year 9 months 18 days.
Institution: Diponegoro University
Language: English
Domain: Life Sciences
Open Access status: bronze
OpenAlex ID: W4405390664