Fundamentals of Agribusiness Finance
An undergraduate finance text for students entering the agribusiness profession, covering basic concepts and procedures that agribusiness operators must know. Overviews domestic and international trends, then moves through basics of loans such as mortgages and deeds of trust, interest, and refinancing. Capital budgeting, leases, taxes, and statement analysis are also covered, and formulas are provided for figuring liquidity, solvency, and repayment capacity. The lending industry is the focus of final chapters. Includes chapter outlines, study questions, and problems, plus key terms and a glossary. The authors teach at California Polytechnic State University. Annotation c. Book News, Inc., Portland, OR (booknews.com)