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Table 18-8
Peartree Company provides the following data:
Peartree Company
Balance Sheet
December 31,2017 Peartree Company
Income Statement
For the Year Ended December 31, 2017 * Sales revenue is all on account
-Refer to Table 18-8.What is the return on total assets for 2017?
Agricultural
Relating to the science or practice of farming, including cultivation of the soil for the growing of crops and the rearing of animals to provide food, wool, and other products.
Food, Conservation, and Energy Act
A comprehensive farm bill passed by the U.S. Congress in 2008 that aimed to provide funding for agricultural programs, renewable energy, conservation, and food assistance.
Farm Subsidies
Financial aid and support provided by the government to farmers and agribusinesses to supplement their income and manage the supply of agricultural commodities.
Direct Payments
Payments made directly by the government to farmers, individuals, or businesses not requiring the provision of goods or services in return.
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