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Use the information provided to compute the Rate of Return on Total Capital. Net farm income = $ 3 8 , 5 0 0 Total

Use the information provided to compute the Rate of Return on Total Capital.
Net farm income =$38,500
Total capital assets =$390,000
Interest paid =$11,000
Opport cost of labor =$15,000
Opport cost of mgmt=$5,000
Opport cost of capital =10 percent
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