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EC Nebraska | Ok, it looks like I was reading it wrong. I thought he meant that there were operations borrowing 75-80% of projected gross that also had working capital equal to one year's gross.
But he meant those as two separate categories. That makes a heck of a lot more sense. The guys borrowing 75-80% are not the guys with one year's working capital. Yes, I know operations that would fall in either category. I don't know operations that would fit in both at the same time. | |
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Nosy finance question
