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Creation of working capital
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Mark in WCIowa
Posted 9/25/2021 20:31 (#9238430 - in reply to #9238094)
Subject: RE: Creation of working capital


Scranton
Agree, except I can't say it was all "intentional". Fortunate, maybe, as land has increased and I've never gotten in a real bind. If land would have tanked like the 80's, I might've gotten in real trouble. Now, at least "for now", I've got a lot of equity and excellent crops in the field that will bring up my Current ratio, or whatever the banker is always asking about :) Plus, I've always paid cash for my equipment and even tile.

Edited by Mark in WCIowa 9/25/2021 20:32
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