Horticultureopoly

Let’s put our finance knowledge to work.
Obj:-2.02, P:1

Net Worth:
Debt to Equity Ratio:

Directions:
Roll the dice.
Depending on the number you rolled, open up the envelope that corresponds to the number and take a card.
Categorize what the card is (asset or debt).
Make a list of your inventory.
Determine your net worth and debt to equity ratio.
The winner from each group (most money) gets a prize.

	Item or what / occurred	Current Asset Value	Non-Current Asset Value	Current Liability	Non– Current Liability
Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
Totals

Your Net Worth is equal to your total assets minus your total liabilities.
(Total Assets)_________________- (Total Liabilities)____________________= ________________(Net Worth)

Your Debt to Equity Ratio is your Total Liabilities versus your Net Worth.
(Total Liabilities)_________________ : (Net Worth)____________________.... If you can, reduce this number.
Do you owe more than you own? If so, do you think you would be able to borrow money?

Potpourri

Your Item from the Previous Round just Depreciated $50.	Choose a player that owes you $100 for a recent donation they made to your garden. Make sure that they take $100 from their assets.
Unfortunately, you had to quickly sell your beloved Camel. It was valued at $1000. Good news is, you just gained $1000 in cash.	You were caught dealing drugs in your local neighborhood. Now, you have to pay $1500 in court costs and legal fees. This has to be paid by the first of the year. Say No to drugs, loser.
Your distant uncle in Pakistan just passed away. Good news, he left you $15 worth of gourds. They are being shipped to you today. Wow.	Late last night you purchased a lottery ticket. You decided you would spend $50 dollar to win the jackpot. No dice. Loser. You lost. You lost $50. See, you are never going to get rich playing the lottery.
You decided to bet it all on a game of Texas Hold Em. You bet all of your money that you have right now (all of your assets)… Did you win or lose? You won. You get to take all of your assets and double them. Wow. You really are that good.	You decided to take your crush on a date. Now you have to fork over the cash. You spent $20 on a delicious North Carolina supper of BBQ. You are now down, $20.
Last week you visited a local garden supply center. You decided that you really wanted this little Cunninghamia tree. You thought you would try to steal it and put it in your pants. Ouch, you soon found out that it has the sharpest needles in the world. You were rushed to the ER and you had to pay for the plant. You are out $300. I guess that Cunninghamia taught you a lesson. You have one year to pay off this debt.	Mrs. Riedel asked you to go and water the greenhouse over the weekend. She was going to pay you $40. When she got back to school on Monday, everything was dead. Instead of being paid money, she said you owed her $250 for the plants dieing. I guess it doesn’t pay to do a bad job on watering. You owe $250 that has to be paid this month.

Non Current Liabilities

You purchased a two year contract for the cell phone for your greenhouse business. The costs after this year are $200.	You purchased a greenhouse. Everything that you owe on the greenhouse after this year is $10,000.
You owe $2000 in back taxes. The government has you on a payment plan. You will owe $1500 after this year.	You purchased a new tractor for your greenhouse and nursery business. You will owe $8,000 after this year.
You just found out that your prize winning rose bushes are patented that you were selling. You were illegally selling them without the proper tags and not paying royalties. The government has penalized you for $10,000. You owe this starting January of next year.	Uh-oh. You didn’t read the pesticide label and you illegally sprayed. The Environmental Protection Agency (EPA) is fining you $5,000. You have to pay this after January of next year.
Looks like your luck has run out. You were trying to illegally dump some pesticides and your neighbor reported you to the authorities. This is a criminal penalty. In legal fees and court costs you owe $20,000. Bet you won’t make that mistake again.	One of the workers in your greenhouse sued you for sexual harassment. You owe that worker $15,000. Quit sexually harassing workers, duh?
Good news, you just bought this super cool automatic potting machine. It is so fast and now you don’t have to break your back filling pots. Only thing is you owe $5,000for the machine. Looks like you only had to pay $1,000 this year, but you will owe $4,000 for the following years.	Wow, you just bought a new hybrid car for your new greenhouse business. This is so you can run all over and try to sell your plants. After this year you will owe $20,000 on your new eco-friendly ride.

Current Liabilities

You just found out that you have to purchase $1000 worth of pesticides for your greenhouse crops. The company that you purchase from, Coor Farm Supply, will only allow a 90 day credit.	You were injured at work because you were not paying attention and you cut your finger off while you were pruning some bushes. The deductible that you owe to the hospital is $500.
This month you have been texting your clients and friends like crazy. You didn’t have an unlimited texting plan and now the cell phone company says that you owe them $400. Wow, text that!	You just purchased $500 worth of pots. You must pay this off this year.
You just purchased $500 worth of media. You owe this, this year.	You purchased plugs and seeds from a local grower. You owe them $1,500 this year.
You owe this month’s utility bills. They total $250 and are due this year.	This month you purchased a lot on your credit card. You like to pay off your credit card every month. You owe $750 for all of your purchases this year.
You had to take in your equipment to the Stihl dealer. You need maintenance done on your rototiller and your weed whacker. You owe $200 for the servicing of the engines this year.	This month you drove all over North Carolina delivering plants from your greenhouse to customers. You put $800 on your credit card. You like to pay off your credit card every month.

Non Current Assets

You are just such a lucky dude. You just won a goat at the county fair. This is no ordinary goat, my friend… this sucker is worth $500. Enjoy!	You have owned for the past five years the sweetest moped in the neighborhood. She’s got a lot of miles on her, but she still has quite a few left. Right now, she is valued at $1000. It’d be a tough sell, but she could go to someone who would promise to treat her right.
Your grandparents wanted you to have something for your plant fetish. They gave you all of their prize winning roses. They won several blue ribbons at the fair. They are each valued at $50 and they gave you ten. You do the math.	You recently just won a racehorse that is used for breeding. It is valued at over $5,000. Wow, talk about a big win.
You were at the state fair and you won a rabbit. The rabbit’s name is Heff and he is worth $50.	This past summer you worked your buns off. You worked at a florist every weekend and saved up $1,000. You decided to put it in a five year CD. That means that once you put it in you couldn’t take it out. The good news is at the end of five years it will be worth $1,500. Good idea.
You started your own landscaping company. You had to buy a ton of different tools. They were all really well built and should last a long time, as long as you take care of them and don’t lose them. The tools are worth over $2,000.	You have had such a problem with deer in your garden that you decided to take matters into your own hands. You love Bambi and don’t want to kill it, so you decided to buy a water scare crow. It just turns on when it detects the deer and squirts it with water. Each water scare crow is worth $100. You have two of them.
Last week you were digging in your garden and you found a dinosaur bone. You contacted the Museum of Natural Science and they told you to sell it on Ebay for about $500. You tried but it just won’t sell. You decided to keep it. You know that this has already made it through millions of years, so it will last for millions more. Hopefully, when you have kids you can give it to them.	A couple of years ago you began restoring an antique tractor with your grandpa. It’s a real beauty and it is worth about $10,000. You couldn’t think of selling it, but at least you own something that nice… Hey, maybe you could drive it to the prom one year.

Current Assets

You own a herd of goats and they love to eat. This year, you purchased over $1,000 in feed and medical supplies for the goats. They better be healthy. You own $1,000 of goods.	You just planted your fall vegetable garden and you needed to bring in a bunch of manure to help your soil. You already had gas and lots of manure available that was valued at $400.
Recently, you had a problem with some fire ants in your lawn. Your dad said that you needed to find a solution. You bought some fire ant bait… and you bought the good stuff because you were stung one too many times. DuPont makes some good stuff but it costs $250. It says that it has to be used within six months of opening the package. Hope there won’t be anymore ants in yo’ pants. You own the $250 ant pesticide.	You bought a whole load of mushroom compost to add to your vegetable garden. The guy at the farm, who sold it to you, said that it should be used within a year from the time that it is delivered. This is good stuff and it costs $200 a load. You couldn’t resist and now your garden looks awesome. You own the compost.
You are going on your annual hunting trip and you had to go and buy supplies for you and your hunting buddies. You needed food and drinks and bug spray and a few other consumables. You all chipped in and now you own $150 worth of camping equipment.	The big hoe down is coming up. All of the schools in Wake County are getting together for a tractor pull and a pig pickin. You need to go and so you have to take your big, jacked up truck– to show it off, of course. Only problem is, one tank of gas costs $90. It will probably take almost a whole tank. Talk about a gas guzzler. Good thing you already had the gas in some gas cans in the garage.
You just went school shopping. You had to grab a pair of Wranglers and a new pair of Justin boots. The way that you wear these clothes, they only last a few months. You are just so tough on all of your clothes. Your mom bought you $175 worth of boots and jeans. Oh, and you got a buckle, but the buckle should last a long time.	You are gearing up for your big fishing trip. You need tons of tackle. Lots of minnows and worms. Plus you need food for you. When you left the tackle store, your dad spent $100 on you. Oh, and don’t forget the gas for the boat and the fishing license. Dad pitched in another $100.
Last week you went with your friends to the outer banks. While you were there, your lover bought you a pair of Rainbow sandals. You wear them out every year. This pair was only $50.	You used to have a really bad “chew” habit. Then, you saw an advertisement where a kid lost his jaw and it made you think, “maybe that could happen to me?” You decide to get rid of the chew and start wearing a patch. It should only take you 10 weeks to quit. You have to wear a patch everyday and each patch costs $1. Your mom loves you so much that she bought you the $70 supplies to quit the chew! Whew.