Use the following data to calculate the profitability and, Ask an Expert

Management Studies

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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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92035278

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