The formula for rate of capital turnover is

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A. $$\frac{{{\text{Gross income}}}}{{{\text{Total farm assets}}}} \times 100$$

B. $$\frac{{{\text{Net income}}}}{{{\text{Total farm assets }}}} \times 100$$

C. $$\frac{{{\text{Total farm assets}}}}{{{\text{Net form income}}}} \times 100$$

D. None of these

Answer: Option A

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