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preliminary 2019 financial results
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Deere6
Posted 1/26/2020 11:25 (#8001257 - in reply to #8001191)
Subject: RE: Working capital ?


SE IL
Principle payments for equipment? That can be written off. You might have the technical definition and thats why I asked. In my mind though, If I have that 100k in the bin(bank) and my total operating expenses for the year, including land, equipment payments, and taxes is 100k then I am at 100% working capital. I can farm that entire year without a bank.
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