Description
Dr. Barnard gives an overview of the obstacles a lender may encounter when preparing an accrual-adjusted income statement, and practical ways to overcome those obstacles.
Part of the Practical Steps to Calculate Net Income and Owner Equity for Agricultural Producers series by Dr. Freddie Barnard
What You’ll Learn:
• Different obstacles and solutions for preparing an accrual-adjusted income statement
• Financial ratios that can be calculated using an accrual-adjusted income statement
• Software that can be used to prepare an accrual-adjusted income statement and calculate the financial ratios