Financial Decision Making improves student's understanding of financial management techniques. The course enables students to better analyze and manage their farming operations. Exercises cover the creation and analysis of financial statements. Quizzes test comprehension of materials provided in the course.
Farmers make many decisions about the use of capital and credit. Making good financial decisions is often the difference between a prosperous, growing farm business and one that is constantly wondering how to pay the next bill. The Financial Decision Making course helps students build their capacity to answer the following questions about their farm businesses.
How much to invest?
Where to obtain capital?
What mix of equity and debt to use?
What credit rates and terms to negotiate?
How much financial risk to take?