UK farm profitability to jun 2002
On Mon, 6 Jan 2003 18:01:22 -0000, "Michael Saunby"
wrote:
"Torsten Brinch" wrote in message
.. .
On Mon, 6 Jan 2003 14:53:58 -0000, "Michael Saunby"
wrote:
"Torsten Brinch" wrote in message
.. .
On Mon, 6 Jan 2003 13:56:54 -0000, "Michael Saunby"
wrote:
.. The cost of maintenance of the residential building
is not and may not be deducted [to calculate Cash Income].
snip
Of course not, it is not relevant to the business.
It explains why folks need an income though.
I think you can safely assume that folks interested in the topic
of this thread already has a good grasp of why folks need an
income.
.. [Farmers] will take at most as much as the business can stand
snip
Sure, or one should hope so, and Cash Income is a good estimator of
how much that could be.
Right, so if they take at most what the business can stand, and at least
what they need to live - what happens when what is needed to live exceeds
what the business can stand? Presumably a farming recession. Isn't that
what we now have?
Michael Saunby
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