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Total assets: end of the year = $345,000; Net Farm Income = $57,500; Interest Expense = $11,000, Leverage ratio = 0.5. Calculate the rate of
Total assets: end of the year = $345,000; Net Farm Income = $57,500; Interest Expense = $11,000, Leverage ratio = 0.5. Calculate the rate of return on equity and the cost of farm debt. O 75%; 11.8% 50%, 11.8% 25%; 20.4% O 25%; 9.60% Total assets: end of the year = $345,000; Net Farm Income = $57,500; Interest Expense = $11,000, Leverage ratio = 0.5. Calculate the rate of return on equity and the cost of farm debt. O 75%; 11.8% 50%, 11.8% 25%; 20.4% O 25%; 9.60%
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