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Paul V. Dietrich Farms Ltd.: Expansion Plans
內容大綱
In November 2020, Paul Dietrich was wrapping up his busy harvest season for the 1,100 acres of farmland he currently operated. Although the fall harvest season demanded much of Dietrich's time and attention, he simply could not ignore an investment opportunity that had been presented to him. A local farmland owner was selling a 150-acre parcel of farmland that adjoined some land parcels already owned by Dietrich. Dietrich estimated that a competitive bid would need to be at least CA$20,000 per acre and the bid would need to be made immediately. He sat down to consider both short-term and long-term impacts on his cash flows.