Question

    The amount of liquid cash available to a farmer after

    meeting all essential farm expenditures, which can be used for further improvements, is referred to as:
    A Net operating Income Correct Answer Incorrect Answer
    B Gross income Correct Answer Incorrect Answer
    C Cash income Correct Answer Incorrect Answer
    D Disposable income Correct Answer Incorrect Answer
    E Farm surplus Correct Answer Incorrect Answer

    Solution

    Cash income is the net cash available to the farmer, after deducting operational costs from the gross receipts. It is crucial for reinvestment and household spending.

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