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Question 5 (3 points) Given the following information, calculate operating profit ratio: Net farm income: $800,000 Net farm income from operations: $750,000 Value of unpaid
Question 5 (3 points) Given the following information, calculate operating profit ratio: 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 42.5% 40% 32.5% 37.5%
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