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What is farm income statement?

A farm income statement (sometimes called a profit and loss statement) is a summary of income and expenses that occurred during a specified accounting period, usually the calendar year for farmers. It is a measure of input and output in dollar values.

What are characteristics of a farmer?

have the following traits: Passion and Commitment. Sales and Marketing Skills. Ingenuity, Creativity and Adaptability. Life-long Learner. Skills and Abilities.

What it means to be a farmer?

1. a person who earns a living by farming; esp., one who manages or operates a farm. 2. a person who pays for a right, as, formerly, to collect and keep taxes.

Why is farmer important?

Importance of farmers Farmers have great importance in our society. They are the ones who provide us food to eat. Since every person needs proper food for their living, so they are a necessity in society. There are different types of farmers.

How do you describe farmer?

A farmer is a person who runs and works on a farm. Some farmers raise a variety of food crops, while others keep dairy cows and sell their milk. Farmers work in some aspect of agriculture, growing vegetables, grains, or fruit; or raising animals for milk, eggs, or meat.

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Who is farmer short answer?

A farmer is a person engaged in agriculture, raising living organisms for food or raw materials. The term usually applies to people who do some combination of raising field crops, orchards, vineyards, poultry, or other livestock. A farmer might own the farm land or might work as a laborer on land owned by others.

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