Question
1.If they sell all of their soybeans at $9.00/bu a bushel and use the proceeds to buy a new combine, what will happen to their
1.If they sell all of their soybeans at $9.00/bu a bushel and use the proceeds to buy a new combine, what will happen to their working capital? A)Working capital will increase B)Working capital will decrease C)Working capital will be unchanged
2.Which of the following will result in a net worth increase for Slim Jim? A)Sell corn at $3.26 and pay down their operating loan B)Sell corn at $3.26 and buy a new combine C)Sell corn at $3.26 and put the proceeds in the bank
3.Which of the following is NOT a measure used in financial statements analysis: a)Capital Debt Repayment Capacity b)Internal Rate of Return c)Current Ratio d)Debt-to-Asset Ratio
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