Compute ROFA, ROFE and COFD for 2019. Briefly comment on the values you calculate.

File I C/Users/Conor/Downloads/AECN%20452%20Homework%20Assignment%20%237.pdf ClassZone B 1G Qu pasa en cl. L G News Parent Sign in Classroom WebAssign- ogle f Account Settings introtophysicsquart. SpanishDict Englis 1 - AECN 452 Homework Assignment #7 Spring 2020 3/3 2017 2018 Balance Sheet Information ASSETS Current Assets Cash and equivalanets Grain and livestock inventory Other current farm assets $4,000 $240,000 $4,000 $248,000 $3.500 $216,000 $1,200 $220,800 Total current assets Noncurrent Assets Machinery and equipment Buildings Land Other noncurrent farm assets $400,000 $80,000 $1,200,000 $60,000 $1,740,000 $1,988,000 $500,000 $80,000 $1,080,000 $54,000 $1,714,000 $1,934,800 Total noncurrent assets Total farm assets LIABILITIES Current Liabilities Notes payable Accounts payable Current portion of term debt Other current farm liabilities $62,000 $9,300 $48.000 $60,000 $179,300 $74,400 $8,370 5 43.200 $66,000 $191,970 Total current liabilities Noncurrent abilities Deferred portion of term debt Total noncurrent liabilities Total farm liabilities Total net worth Total liabilities and net worth $600,000 $600,000 $779,300 $1,208,700 $1,988,000 $600.000 $600,000 $791,970 $1,142,830 $1,934 800 $556,640 $306,152 $60,000 $58, 284 $132,204 $500,976 $290,844 $66,000 $40.799 $103 333 Income Statement Information Value of farm production Non-depreciation operating expenses Depreciation Interest expense Netfarm income from operations Other Information Family living withdrawals Nonfarm income Income tax expense Other income from farm assets Cash principal payments on current portion of term debt and capital leases Cash interest payments on term debt and capital leases $100,000 $22,500 $36 364 $200 $48,000 $54,000 $40,000 $27,000 $21,818 $20,000 $48,000 $59.400 o here to search e Oo a g File I C/Users/Conor/Downloads/AECN%20452%20Homework%20Assignment%20%237.pdf ClassZone B 1G Qu pasa en cl. L G News Parent Sign in Classroom WebAssign- ogle f Account Settings introtophysicsquart. SpanishDict Englis 1 - AECN 452 Homework Assignment #7 Spring 2020 3/3 2017 2018 Balance Sheet Information ASSETS Current Assets Cash and equivalanets Grain and livestock inventory Other current farm assets $4,000 $240,000 $4,000 $248,000 $3.500 $216,000 $1,200 $220,800 Total current assets Noncurrent Assets Machinery and equipment Buildings Land Other noncurrent farm assets $400,000 $80,000 $1,200,000 $60,000 $1,740,000 $1,988,000 $500,000 $80,000 $1,080,000 $54,000 $1,714,000 $1,934,800 Total noncurrent assets Total farm assets LIABILITIES Current Liabilities Notes payable Accounts payable Current portion of term debt Other current farm liabilities $62,000 $9,300 $48.000 $60,000 $179,300 $74,400 $8,370 5 43.200 $66,000 $191,970 Total current liabilities Noncurrent abilities Deferred portion of term debt Total noncurrent liabilities Total farm liabilities Total net worth Total liabilities and net worth $600,000 $600,000 $779,300 $1,208,700 $1,988,000 $600.000 $600,000 $791,970 $1,142,830 $1,934 800 $556,640 $306,152 $60,000 $58, 284 $132,204 $500,976 $290,844 $66,000 $40.799 $103 333 Income Statement Information Value of farm production Non-depreciation operating expenses Depreciation Interest expense Netfarm income from operations Other Information Family living withdrawals Nonfarm income Income tax expense Other income from farm assets Cash principal payments on current portion of term debt and capital leases Cash interest payments on term debt and capital leases $100,000 $22,500 $36 364 $200 $48,000 $54,000 $40,000 $27,000 $21,818 $20,000 $48,000 $59.400 o here to search e Oo a g