. A dairy farm operates as follows: • There are 350 cows • Out of them 6% permanently in dry period Daily milk production: 36 litres/cow • Annual lactation period: 305 days Selling price of milk: 0.3 €/litre • Capital value: € 669,000 •How much the production value from milk? How much is ROA?
. A dairy farm operates as follows: • There are 350 cows • Out of them 6% permanently in dry period Daily milk production: 36 litres/cow • Annual lactation period: 305 days Selling price of milk: 0.3 €/litre • Capital value: € 669,000 •How much the production value from milk? How much is ROA?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Transcribed Image Text:.
A dairy farm operates as follows:
• There are 350 cows
• Out of them 6% permanently in dry period
Daily milk production: 36 litres/cow
• Annual lactation period: 305 days
Selling price of milk: 0.3 €/litre
• Capital value: € 669,000
•How much the production value from milk?
How much is ROA?
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