Home / Expert Answers / Finance / 6a-village-farms-is-a-north-american-green-house-producer-of-tomatoes-vff-operates-four-greenhous-pa755

(Solved): 6A. Village Farms is a North American green-house producer of tomatoes. VFF operates four greenhous ...




6A. Village Farms is a North American green-house producer of tomatoes. VFF operates four greenhouses: three in Texas and one
6A. Village Farms is a North American green-house producer of tomatoes. VFF operates four greenhouses: three in Texas and one in British Columbia. The combined area under cultivation is 220 acres. Last year, VFF harvested 115 million pounds of tomatoes for a yield of 522,727 pounds per acre. VFF sold its output at an average price of per pound for total revenues of million. At the end of last year, Mexico and the U.S. signed "The Suspension Agreement" under which Mexican field tomatoes can no longer be sold in the US as 'greenhouse' tomatoes. This is expected to increase greenhouse tomato prices by in the coming year. At the end of last year, VFF completed an upgrade to its greenhouse technology, which will increase yields to acre. What will sales revenues be over the coming year?


We have an Answer from Expert

View Expert Answer

Expert Answer



Step 1.
We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe