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Question for the bankers
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NE Ridger
Posted 6/21/2020 13:57 (#8327532 - in reply to #8327496)
Subject: RE: Question for the bankers


EC Nebraska
Someday - 6/21/2020 13:32

Why don't they just say net worth then? That's what you're saying.


Current assets are things that will be turned into cash within a year. Current liabilities are only the portion that is due within a year.

Net worth includes the equity in farmland and the portion of farmland mortgage that is not due within a year. Among other things.

So they can be very different.
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