Reference no: EM131280574
Use the following data to calculate the profitability and efficiency measures listed:
Gross revenue: $185,000 Value of farm production: $167,000
Net Farm income From operation: $48,000 Interest expense: $18,000
Value of unpaid labor and management: $31,000 Total assest value: beginning: $400,000 End: $430,000
Farm equity: beginning: $340,000 End: $352,000
a. rate of retern on assests?
b. rate of return on equity?
c. asset turnover ration?
d. operating profit margin ratio?
e. net farm income from operations ratio?
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