Question: What effect (increase, decrease, no effect) does each of the following items have on revenue (value of farm production), expenses, and net farm income? a.

What effect (increase, decrease, no effect) does each of the following items have on revenue (value of farm production), expenses, and net farm income?

a. increase in crop inventories

b. decrease in accounts receivable

c. increase in cash

d. decrease in accounts payable

e. decrease in prepaid expenses

f. increase in accrued interest

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