Large dairy farms with over 2000 head produce _____ percent of the total U.S. milk production.

Fill in the blank(s) with the appropriate word(s).


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Mr. Boyd bought 450 acres of land at $5,680 per acre. He paid 30 percent down and obtained a loan for the balance at 6 percent over 25 years. He is to pay off the principal in equal annual payments. The annual interest on the balance at the end of the year is to be paid semiannually. He planted 295 acres in corn that cost him $4.20 per bushel to produce. He had a good year with a yield of 182 bushels per acre. He sold the corn for $6.15 per bushel. He planted 120 acres in soybeans. Mr. Boyd lived in an old plantation house on the farm. The upkeep on the house is approximately $1,850.00 per year. The heating and cooling costs approximately $2,892.85 per year. Mr.Boyd built a new house that cost $170,000. He is able to pay 25 percent down and obtain a loan on the balance at 7.25 percent. He

is able to arrange to pay off the principal in equal annual payments over 30 years, and the interest is paid annually on the remaining balance. The heating and cooling will be cut by 80 percent and the upkeep by 95 percent. a. What was the payment (principal plus interest) the first year on the farm? b. What was the profit from the corn? c. Is it possible to make enough from the soybeans to make the balance of the payment? Explain. d. What will he owe on the house after the fourth year? e. What will he save on upkeep and heating and cooling per year? f. What will be the interest the fifth year? g. How did the saving on upkeep and heating and cooling compare to the interest paid the fifth year?

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The most important factor in selecting a marketing method is the price and cost associated with the

selected method.

Indicate whether the statement is true or false.

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What would you suspect first, if standard medium temperature reach-in with a fixed metering device had the following conditions:

? a condensing temperature 20° above ambient, LOW ? 21° subcooling, HIGH ? evaporator temperature 50° below box temperature, LOW ? and 25° superheat? HIGH (Starving) a. dirty condenser b. dirty or iced evaporator c. low on charge d. restricted cap tube

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Technician A says that a loaded caliper includes an overhauled caliper assembly but no brake pads or hardware. Technician B says that a loaded caliper includes the pads and all needed hardware. Which technician is correct?

A) Technician A only B) Technician B only C) Both technicians A and B D) Neither technician A nor B

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