Agribusiness Trivia

What is the first step in financial management?

Which of the following is NOT a cost associated with borrowing money?

What is the capacity or ability to borrow money called?

If Mr. Franken sold 1/4 of a section of land, how many acres would remain in the section?

To liquidate is to convert what into cash?

As prices increase, what happens to demand?

Which is greater, $58.50/cwt or $.60/pound?

The right to buy a futures contract is called a ____________?

Assets minus liabilities equal what?

In agricultural accounting, what does the abbreviation ATC stand for?

What famous person said, "A penny saved is a penny earned?"

In a period of declining market prices, the market is said to be _______.

A physical count of all assets in a business is called what?

What is the common term for a financial plan for an agricultural business?

Which of the following is NOT a major subdivision of a balance sheet?

If Mr. Franken owns two sections of land, how many acres does he have?

Fencing wire is usually sold in what measurement?

Is inventory an asset or liability?