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Which type of budget or financial statement would be most useful for answering each of the following questions? Should you sell your combine and hire
Which type of budget or financial statement would be most useful for answering each of the following questions? Should you sell your combine and hire someone to harvest your corn and soybeans? 1. Enterprise budget Will your gross farm income exceed $600,000 next year? 2. Partial budget 3. Whole farm budget How much operating capital will you need to borrow in March-April? 4. Cash flow budget What is your breakeven selling price for milk (for a hog and dairy farm)
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