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ottertail co mn | Should be able to reduce inventory price easily by $250 mill being the price on combines alone are priced at 2x the actual value of the product.
I am sure this is not how they want to reduce there inventory value though.
I guess it really sucks when things go south and you keep thinking things are only gonna get even better than they were.
If I devalue my combine in half my asset sheet will be reduced by $10k. I think to myself man that sucks, but at least I don't have a $350k combine that should really be valued at say $225k.
I am sure the only people who will get mad about this post are the guys with their combines valued at $350k and btw I don't care what your debt is on it. | |
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Hearing RDO JD dealerships are buttoning down the hatches
