Baron Coburg.

Conclusions

I am concluding that Frederick is the better farmer/businessman. When comparing the financials of the dickens farmers, Fredericks consistently demonstrated higher production per acre of land dole out him. Ivan reverseed up with higher gelt income and more assets at the end of the course of study, but when calculated into reciprocal terms was actually less productive overall.

Finding of Facts.

Since the two farmers were not given adequate plots, in order to make them comparable a common factor must be used in their analyses. In order to put both Ivan and Frederick in common terms, nation of land were used as the common denominator.

Ivan: At the end of the year Ivans net income was 214 bushels of wheat. After determining net income of 214 bushels, I divided that by the 20 acres that he was administer to determine that he produced 10.7 bushels per acre. Ivans operating(a) expenses per acre and total expenses per acre were $0.35 and $1.45 respectively. Ivans balance tatter depicted a 318% positive alter from the beginning of the year to the end; however, if that is demonstrated in terms of percent change per acre for comparability Ivan has an increase of 15.9% per acre. His balance sheet also shows his assets and liabilities to be 259 bushels and total 12.95 stated as bushels per acre.



On top of this, Ivan lock owes Feyador 3 bushels for his plow.

Frederick: At the end of the year Fredericks net income add up 119 bushels--significantly less than Ivans net income because of the land allotment differences. Frederick produced a net income of 11.9 bushels per acre, a favorable difference of 11% over Ivans 10.7. His operating expenses per acre and total expenses per acre were $0.50 and $1.60, which is higher than Ivans largely due to the fixed costs...

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