Net farm income = $78,000 Average equity = $750,000 Average asset value = $1,350,000 Interest expense = $35,000 Total Cash Expense = $243,000 Gains from sales of capital assets = $16,000 Total Revenue = $440,000 Opportunity cost of labor and management = $40,000 Opportunity cost of capital = $15,000 Family living expenses = $25,000 Find Operating Profit Margin Ratio 14.1% 5.2% 1.6% Net farm income = $78,000 Average equity = $750,000 Average asset value = $1,350,000 Total Cash Expense = $243,000 Interest expense = $35,000 Gains from sales of capital assets = $16,000 Total Revenue = $440,000 Opportunity cost of labor and management = $40,000 Opportunity cost of capital = $15,000 Family living expenses = $25,000 Assuming no accrual adjustments for accounts payable and unused supplies and no value of home consumption, find the depreciation expense. $162,000 $100,000 $62,000 Net farm income = $78,000 Average equity = $750,000 Average asset value = $1,350,000 Total Cash Expense = $243,000 Interest expense = $35,000 Gains from sales of capital assets = $16,000 Total Revenue = $440,000 Opportunity cost of labor and management = $40,000 Opportunity cost of capital = $15,000 Family living expenses = $25,000 Find Return on Equity 3.5% 5.6% 0.9%