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11. Use the following data to calculate the solvency and efficiency measures listed below: Total revenue (total gross revenue) $585,000 Value of farm production $567,000

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11. Use the following data to calculate the solvency and efficiency measures listed below: Total revenue (total gross revenue) $585,000 Value of farm production $567,000 Income from operations $113,000 Farm Interest expense $ 28,000 Value (opportunity cost) of unpaid labor and management Total Operating Expenses (excluding depreciation) $ 50,000 $380,250 Total asset value:Beginning (1/1/120) Ending (12/31/20) $1,000,000 $1,050,000 Liabilities: Beginning (1/1/20) (Debt) Ending (12/31/20) $400,000 S420,000 a Rate of return on assets b Rate of return on equity Debt to Asset Ratio on 1/1/20 d Debt to Equity Ratio on 12/31/20

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