ANTOM Chapter Notes - Chapter 2: Profit Margin, Operating Expense, Current Liability
Document Summary
Farm financial statistics are a set of metrics that are used to measure the financial health and performance of farms and agricultural operations. These statistics can provide valuable insights into the economic conditions and trends of the agricultural industry, and can be used by farmers, policymakers, and researchers to make informed decisions about the future of the industry. One of the most important farm financial statistics is net farm income. Net farm income is the difference between a farm"s total revenue and its total expenses. It is a measure of the profitability of a farm, and can be used to identify trends in the financial performance of the agricultural industry. For example, if net farm income is increasing, it may indicate that the industry is becoming more profitable, while a decline in net farm income may indicate that the industry is becoming less profitable. Another important farm financial statistic is the debt-to-asset ratio.
