ECSOFiM (Economic and Social of Fisheries and Marine Journal)
Vol 10, No 2 (2023): ECSOFiM April 2023

Financial Analysis of Sea Grape Cultivation (Caulerpa sp) Basic Plugging System Quadrant Net Method in Southeast Maluku Regency

Simon Marsholl Picaulima (Politeknik Perikanan Negeri Tual)
Nally Yans Grispinomia Fraly Erbabley (Politeknik Perikanan Negeri Tual)
Jane Lulinda Dangeubun (Politeknik Perikanan Negeri Tual)
Dominggas Mintje Kelabora (Politeknik Perikanan Negeri Tual)
Anggelina Amahorseja (Politeknik Perikanan Negeri Tual)
Cenny Putnarubun (Politeknik Perikanan Negeri Tual)
Frederika Pormes (Politeknik Perikanan Negeri Tual)
Hamza Sedubun (Politeknik Perikanan Negeri Tual)
Gracelia Masreng (Politeknik Perikanan Negeri Tual)
Fitria Rahantan (Politeknik Perikanan Negeri Tual)
Osama Yaurbulan (Politeknik Perikanan Negeri Tual)



Article Info

Publish Date
26 Apr 2023

Abstract

Sea grape cultivation (Caulerpa sp) is a fishery business activity that can increase the income of coastal communities; therefore, it is necessary to project profit and business opportunities in the future on an ongoing basis based on the profitability. This study aims to analyze the financial feasibility of sea grape (Caulerpa sp) cultivation with basic plugging system quadrant net method. This study used survey research methods, the type of data needed is primary and secondary data, data collection used a purposive sampling technique, and data collection used a triangulation method. Data analysis consists of total production costs, revenue, profit, break-even point and R/C ratio. The results of the financial analysis of the sea grape cultivation business (Caulerpa sp) using the quadrant net step-by-step system method show that the total production cost is IDR 3,368,333/year, business revenue is IDR 12,600,000/year, the business owner's profit is IDR 9,231,667/year, R/C ratio is 3.74, BEP (unit) is 21 kg and BEP (sales) is IDR 317,106. Sea grape cultivation (Caulerpa sp) with basic plugging system quadrant net method is financially feasible to be developed in order to increase in the people income in the coastal areas of Southeast Maluku Regency.

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Journal Info

Abbrev

ecsofim

Publisher

Subject

Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance Environmental Science Social Sciences

Description

ECSOFIM is an open-access journal, which became a scientific forum for students, lecturer, and researchers to publish the results of research within the scope of "Economic and Social Fisheries and Marine Sciences". This journal contains research results related to the research fields of economic ...