RESEARCH &
EDUCATION
CENTERS (REC)
Calculating the profit
Author:
Dale M. Johnson, Extension Specialist, Farm Management
Post date:
Oct 1, 2019
Urban Ag home | Table of contents
When you subtract out variable/operating, fixed/overhead, and depreciation expenses from the income, the result is profit. With the profit, you can pay yourself (If you haven’t already expensed a salary for yourself), grow the business, and pay down debt principal.
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