This is the information I was given to work this assignment.

If we cannot read your answer, you will not receive credit for it. Use the following information to answer the questions. Each correct answer earns 3.57 points. There is no partial credit. Your answer is either is right or it is wrong. Gross Sales $500,000 Total Costs $450,000 Depreciation (included in total costs) $100,000 Total Interest Expense (included in total costs) $50,000 Interest on term debt and capital leases (included in total interest expense) $20,000 Net Farm Income From Operations $50,000 Value of All Assets $2,000,000 Total Nonfarm Income $30,000 Family Living Expenses $60,000 Total Debt Payments Next Year $80,000 1. Calculate the cash available for term debt and capital lease coverage ratio. 2. Calculate the overall economic efficiency ratio. 3. Calculate the asset turnover ratio. 4. Calculate the interest expense ratio. 5. Calculate the depreciation expense ratio. 6. Calculate the operating expense ratio. 7. Net farm income from operations ratio