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2004 Item Average 45 Northern Hudson Accounts Payable ACCRUAL EXPENSES Accrual Operating Asset turnover Average My Farm Average number balance sheet BALANCE SHEET ANALYSIS Business Rates Cash farm Cash Flow Statement Change in Accounts Change in Inventory costs of producing Costs Per Cow Cow Per Cwt crop expense current farm Dairy Farm Business Depreciation equity capital Expansion Livestock Expense Ratio farm assets FARM BUSINESS CHART Farm Business Summary farm income farm liabilities farm net worth Feed & Crop freestall goals Hired Labor Expense Hudson Region Dairy included Income Per Operator Income Statement income without appreciation Investment Karszes Labor & Management labor and management livestock expense machinery costs Machinery Expenses Management Income Milk marketing milk receipts milk sales Northern Hudson Region number of cows Personal withdrawals Premiums Producing Milk professional fees Profitability real estate Region Dairy Farms repayment Return on equity Silage sold per cow tons DM total farm Worker Equivalent