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I need a banksplination
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Grhog
Posted 1/4/2019 19:38 (#7220630 - in reply to #7220604)
Subject: RE: I need a banksplination


Se wisc.
Only the principle portion of land payment goes into current liabilities. Interest on land is an expense.
Thing about working capital is it can be any number you want it to be. Talk a loan against an asset and call it working capital. Or you can have no liabilities, net worth of a million, and no working capital. So to me in can be a lenders fulcrum to put you where he wants you.

Edited by Grhog 1/4/2019 19:43
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