Financial analysis and TOPSIS implementation for selecting the most profitable investment proposal in goat farming

摘要

More than 90% of goat farm business done by farmers in rural areas in Indonesia are small-scale farm business. Mostly small-scale farms raise goats as its main commodity. To build a goat farm, farmer has to choose the type of goats that have the potential benefit. The aim of this study is to select the most profitable investment proposal of goat farming. To understand the investment profit, this research used several financial analysis methods like NPV (Net Present Value), ROI (Return On Investment), BCR (Benefit Cost Ratio), BEP (Break Event Point), and PBP (Payback Period). The results of the financial analysis will be ranked by TOPSIS to obtain the most profitable investment proposal.