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Farm Financial Tool: Profit and Loss Budget Fact Sheet
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Profit and loss is the the true measure needed to determine business long-term sustainability... While the commodity sales income is relatively straight forward to assess, inco of lamb ewes were held back to build up the breeding ewe component of the A profit and loss needs to value this 'one-off' increase in retained ewe lambs (.. Return on capital is calculated by farm EBIT divided by total assets owned...
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