Posted 2/14/2024 13:49 (#10623275 - in reply to #10622708) Subject: RE: Operating Credit As Percentage Of gross Income
n. Illinois
there is no magic % per say. The lower it is the better off you are.
Operating credit is the most dangerous type of credit to a farming operation as it's the one that is easily ignored, and you can quickly find yourself upside down IE owe $1,000,000 on $500,000 of saleable inventories. It's the credit that has blown up every failed operation.
Operating Credit As Percentage Of gross Income
