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1. USING THE DATA LISTED BELOW,COMPUTE

A)return on Equity

b)operating profit margin

c) Asset Turnover Ratio

d) operating return on assets

	2010	2009
TOTAL FARM ASSETS	1,280,307	891,977
CURRENT ASSETS	166,580	86,162
LIVESTOCK INVENTORY	10,108	2,366
CROP INVENTORY	52.380	24,669
PURCHASED INPUTS	7,243
CASH INVESTED IN GROWING CROPS	3,896	965
PREPAID INSURANCE	947	799
OTHER	92,006	52,375
NON-CURRENT ASSETS	1,113,727	805,815
INVESTMENT IN COOPERATIVES	368	409
LAND AND BUILDINGS	994,636	734,108
OPERATORS DWELLING	84,986	111,379
FARM EQUIPMENT	107,927	66,486
BREEDING ANIMALS	10,796	4,812
TOTAL FARM LIABILITIES	93,076	48,476
CURRENT LIABILITIES	27,448	14,087
NOTES PAYABLE WITHIN ONE YEAR	12,599
CURRENT PORTION OF TERM DEBT	7,463	3,763
ACCRUED INTEREST	2,571	1,339
ACCOUNTS PAYABLE	4,815	2,509
NON-CURRENT LIABLITIES	65,628	34.388
NON-REAL ESTATE LIABILITIES	8,494	3,844
REAL ESTATE LIABLITIES	57,133	30,545
Farm EQUITY	1,187,231	843,501

INCOME STATEMENT

FARMS	12,275
GROSS CASH INCOME	146,502
LIVESTOCK INCOME	32,441
CROP SALES	88,519
GOBERMENT PAYMENTS	6,290
OTHER FARM- RELATED INCOME	19,253
TOTAL CASH EXPENSES	114,813
VARIABLE EXPENSES	87,469
LIVESTOCK PURCHASES	500
FEED	14,072
OTHER LIVERSTOCK-RELATED	869
SEED AND PLANTS	14,697
FERTILIZER AND CHEMICAL	28,812
UTILITIES	2,027
LABOR	7,674
FUELS AND OILS	6,183
REPAIRS AND MAINTENANCE	8,561
MACHINE HIRE AND CUSTOM WORK	1,518
OTHER VARIABLE EXPENSES	2,556
FIXED EXPENSES	27,344
REAL ESTATE AND PROPERTY TAXES	4,901
INTEREST	5,642
INSURANCE PREMIUMS	3,788
RENT AND LEASE PAYMENTS	13,014
NET CASH FARM INCOME	31,689
DEPRECIATION	14,498
LABOR, NON-CASH BENEFITS	650
VALUE OF INVENTORY CHANGE	16,289
NON-MONEY INCOME	6,834
NET FARM INCOME	39,664
OPERATING INCOME	22,832
ADJUSTED NET FARM INCOME	17,191

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