Question 28 (2 points) The depreciation method with the greatest depreciation in the first year is: Double declining balance 150% declining balance Straight line All of the above have the same depreciation in the first year Question 29 (2 points) If return to assets is equal to $20,000 and average assets value is $1,250,000, what is the rate of return on assets (ROA) equal to? 1.575% 1.60% 1.626% 1.70% Question 30 (2 points) If return on equity is equal to $10,000 and average equity value is $250,000, what is the rate of return on equity (ROE) equal to? 4.00% 96.00% 96,15% 104.00% Question 31 (2 points) Two similar farms could have the same return to management but different adjusted net farm income due to: Differences in prices received for products sold Differences in prices paid for inputs purchased Differences in amount of unpaid labor and equity capital used Differences in physical efficiency 18 Question 32 (2 points) A summary of actual cash inflows and outflows over an accounting period are presented in a: Profit and loss statement Net worth statement Statement of owner equity Statement of cash flows Question 33 (2 points) Which area of farm business analysis would be investigated to determine whether growing too rapidly or exceeding the size that the operator can manage effectively reduces profit? Profitability Farm size Financial Efficiency