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Table 1 Profitability and budgetary analysis of different construction designs

From: Comparative analysis of technical efficiency of catfish farms using different technologies in Lagos State, Nigeria: a Data Envelopment Analysis (DEA) approach

Construction design (CD)

Gross margin (TR-TVC)

Net revenue analysis (TR-TC)

Benefit/cost ratio (TR/TC)

Earthen

N30305000 − N10591250 = N19713750

N30305000 − N14381450 = N15923550

30,305,000/14,381,450 = 2.11

Cage culture

N36600000 − N11882820 = N24717180

N36600000 − N34532320 = N2067680

36,600,000/34,532,320 = 1.06

Plastic tank

N15440000 − N5279950 = N10160050

N15440000 − N11700450 = N3739550

15,440,000/11,700,450 = 1.32

  1. Source: Computed from survey data