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Unformatted text preview: ____________________________________ 6. ___________________________________ 7. _____________________________________ 8. ___________________________________ 9. ____________________________________ 10. __________________________________ Information on Sunnybrook Farm. Gross Sales: $500,000 Total Costs: $450,000 Depreciation (part of total costs) $100,000 Total interest expense (part of total costs) $50,000 Interest on term debt and capital leases (part of 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 Term debt payments next year: $80,000 Calculate: a) Cash available for term debt and capital lease coverage ratio. b) Overall economic efficiency ratio c) Asset turnover ratio d) Interest expense ratio e) Net farm income from operations ratio...
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- Fall '08