Posted 4/7/2021 12:45 (#8938100 - in reply to #8937311) Subject: RE: Thinking about ag economy
Man, you got it right. do you remember interest expense as a % of VFP? 19% in those days. It was a killer for cash flow. The farmers and bankers who did start to use adjusted financials really new where they were at. Also the ones who understood the "glass bank" program won in the late 80's and early 90's.