Question 10 (101 Given the Balance sheet below please give your opinion about the risk and financial health of this farming operation. Would you consider lending this business more money and if so how much more money would you lend this business. VIII Balance Sheet Balance Sheet Bu Eecember 31,2010 All Organc G M.O Farm San ldelre ASSETS UABILITIES Lang Term Fixed 350.000 00 Parmiand (30 ha@Ps00.000) 1.500000 001 Fam Real Este 280000 p0 630.000.00 650 000 00 dng Deprecatnon 2n0000 00 Te 2.360.000 00 Buldings & impovemets Oher tacties Toal Rsed Inemdate Machery Degeoaen 200 000 00 Vehcs Depdanen s00.000 00Equpments Deprcations a00 000 00 Tel termediate 50 000.00 68.000.00 42 000 00 160.000.00 Intermedia Poutry 2.000 ds@P Machinery& Equpmen Vehces 1,400.00000 Toal inemediate Currant 250 000 00 66.000 00 Accounts payable Current Cash, savings aut Supplies 700 000 00 ak ntes 150.000 00 100 000 00Accued tases 200 000 00 Totl Current 350 000 00 1,500,00000 Toal Liabiltes 122.000.00 76.000.00 513.000.00 Loans Sequetes maketable Cash value ot insurance Accounts recevable Telal Current 1303.000.00 3,957,000.00 5.250,000 00Net orth Telal Assets 5.200.000 0 Tol Liabts and Net Worth End of Part 2 CUneek cah add tee VIII. Balance Sheet Balance Sheet All Organic G.M.O. Farm, San Iidefonso, Bul ASSETS December 31, 2010 LIABILITIES Fixed Long Term 350,000.00 1,500,000.00 Farm Real Estate 650,000.00 Building Depreciation 210.000.00 Total Fixed 2,360,000.00 Farmland (3.0 ha@P500,000) 280,000.00 630,000.00 Buildings&Improvements Other facilities Total Fixed Intermediate Machinery Depreciation 200.000.00 Vehicles Depreciation B00,000,00 Equipments Depreciation 400.000.00 Total Intermediate 50,000.00 68.000.00 42,000.00 160,000.00 Intermediate Poultry-2,000 hds@P100 Machinery & Equipment Vehicles 1,400,000.00 Toal Intermediate Current 250.000.00 65,000.00 122.000.00 76,000.00 513.000.00 Accounts payable Current 700,000.00 Bank.notes 150,000.00 Loans 100.000.00 Accrued taxes 200.000.00 Total Current 350.000.00 1,500,000.00 Total Liabilities Cash, savings acCount Supplies Securities marketable Cash value of insurance Accounts receivable 1,303,000.00 Total Current 3,957,000.00 5,260,000.00 Net Worth Total Assets 5,260,000.00 Total Liabilities and Net Worth