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Assume that a farmer has $223,500 in Total Assets and $90,500 in Owner Equity, faces a 15% income tax rate, and a 20% consumption rate.

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Assume that a farmer has $223,500 in Total Assets and $90,500 in Owner Equity, faces a 15% income tax rate, and a 20% consumption rate. Further, assume that the interest rate is 12.5%. What is the rate-of-return on assets if the growth rate is 10.5%? 15.30% 13.70% 9.57% 1.63% Assume that a farmer has $223,500 in Total Assets and $90,500 in Owner Equity, faces a 15% income tax rate, and a 20% consumption rate. Further, assume that the interest rate is 12.5%. What is the rate-of-return on assets if the growth rate is 10.5%? 15.30% 13.70% 9.57% 1.63%

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