Posted 3/30/2015 22:34 (#4487523 - in reply to #4487398) Subject: RE: Survey Says
Columbia Basin, Ephrata, WA
Sheep Herder - 3/30/2015 19:48
But you are looking at it backwards. The bigger guys should be able to cash flow better and should have even less need to borrow. True, more expenses, but more income being generated too, unless they are poor managers.
You're the one looking at it backward. The big guys are good enough managers to know that it doesn't pay to have a few million dollars sitting around for months until they're needed for next year's inputs. Even at low interest rates, that much money can make more per day than many full time jobs. You're better off to invest at least some of the cash somewhere that it makes a return all year long and then borrow some operating money for a few months per year.
Survey Says
