ANALISIS KELAYAKAN FINANSIAL USAHA BUDIDAYA UDANG VANNAMEI OLEH MUMBULSARI AQUACULTURE DI DESA MUMBULSARI KECAMATAN BAYAN KABUPATEN LOMBOK UTARA
Author : I Nengah Arsana
The title of this research “Financial Feasibility Analysis of cultivation Shrimp Vannamei by Mumbulsari Aquaculture in The Village Mumbulsari, Bayan District, North Lombok”. This study aims to determine the feasibility of cultivation business of shrimp Vannamei conducted by Mumbulsari Aquaculture in the village Mumbulsari, Bayan District, North Lombok in terms of the financial aspect. This type of research used in this research is descriptive research. Data collection techniques in this research is observation, interview and documentation. The type of data used is quantitative data and the method used in this study is a case study. Data analysis using the analysis procedures Accounting Rate of Return (ARR), Payback Period (PP), Net Present Value (NVP), and Internal Rate of Return (IRR). Results of this study that the cultivation of Shrimp Vannamei by Mumbulsari Aquaculture Mumbulsari in The Village, Bayan District, North Lombok is feasible, with the value of Accounting Rate of Return (ARR)> required profit level, where ARR gained 21.66% while the level required profits by 16%, payback Period (PP) < a target return on investment, which the PP obtained for 3.05 years, while the target return on investment expected for 4 years, the Net Present Value (NPV) positive value of Rp.50.734.234,00 and Internal Rate of Return (IRR)> required profit level, where the IRR obtained by 16.63% while the level of the required profit by 16%
Keywords : Accounting Rate of Return, Payback Period, Net Present Value and Internal Rate of Return