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.