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Home Q & A Board Other Fields Homework Help Business Economics
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fattykay92 fattykay92
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Posts: 467
Rep: 11 0
5 years ago

Given the following data:





 
 
   
   
 
 
Cash receipts from farm marketing$750,000


 
 
   
   
 
 
Receipts of government payments$150,000


 
 
   
   
 
 
Other income from farm sources$100,000


 
 
   
   
 
 
Production expenses$400,000


 
 
   
   
 
 
Value of real estate assets$10 million


 
 
   
   
 
 
Value of non-real estate assets$2 million


 
 
   
   
 
 
Financial assets$4 million


 
 
   
   
 
 
Liabilities$9 million
 

Net farm income for this operation is



• $600,000.

• $1 million.

• $7 million.

• $25 million.
Textbook 
Introduction to Agricultural Economics

Introduction to Agricultural Economics


Edition: 7th
Authors:
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wrote...
#1
5 years ago
$600,000.
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