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Question 4 (3 points) Given the following information, calculate operating profit: Net farm income: $800,000 Net farm income from operations: $750,000 Value of unpaid labor
Question 4 (3 points) Given the following information, calculate operating profit: Net farm income: $800,000 Net farm income from operations: $750,000 Value of unpaid labor and management: $100,000 Gross revenue: $2,000,000 $900,000 $700,000 $850,000 $650,000
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