Posted 1/4/2016 13:13 (#5010258 - in reply to #5009982) Subject: RE: Working Capital 2016
SESD
Yes.
However, the minute you use the growing crop as an asset, you need to pull your pre-pays, or current inputs off the current asset side of the balance sheet otherwise you are doubling up on your assets. Many banks (not all) will use at a minimum, your crop insurance revenue guarantee for a growing crop valuation until the crop is harvested.