UK farm profitability to jun 2002
In article , David P
writes
What, are we not talking about UK farm profitability in terms of
Net Farm income?
If I owned a farm outright I would be able to calculate my profitability
quite easily - why would I need to deduct a rent that I don't pay?
I am not an accountant but I understand that published figures for
profitability often include a *rent equivalent*. This is presumably to
make comparisons easier.
regards
--
Tim Lamb
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