SB55-ASA1-AA1,869,2020 3. Multiply the amount determined under subd. 2. by negative one.

SB55-ASA1-AA1,869,2121 4. Raise the amount determined under subd. 3. to the 3rd power.

SB55-ASA1-AA1,869,2222 5. Subtract 0.75 from the current ratio.

SB55-ASA1-AA1,869,2323 6. Divide 0.65 by the amount determined under subd. 5.

SB55-ASA1-AA1,869,2424 7. Raise the amount determined under subd. 6. to the 5th power.

18. Add the amount determined under subd. 4. to the amount determined under
2subd. 7.

SB55-ASA1-AA1,870,33 9. Add 2 to the amount determined under subd. 8.

SB55-ASA1-AA1,870,74 (c) If the grain warehouse keeper has filed an annual financial statement under
5s. 126.28 and that financial statement shows a current ratio of less than or equal to
61.0 to 1.0, the warehouse keeper's current ratio assessment rate equals the current
7ratio assessment factor in sub. (3) (b) multiplied by 120.81376.

SB55-ASA1-AA1,870,108 (d) If the grain warehouse keeper has not filed an annual financial statement
9under s. 126.28, the warehouse keeper's current ratio assessment rate equals the
10current ratio assessment factor in sub. (3) (b) multiplied by 5.71235.

SB55-ASA1-AA1,870,15 11(3) Current ratio assessment factor. (a) A grain warehouse keeper's current
12ratio assessment factor under sub. (2) (a) is 0.00003 except that, for the grain
13warehouse keeper's 5th or higher consecutive full license year as a contributing grain
14warehouse keeper, the grain warehouse keeper's current ratio assessment factor is
15zero.

SB55-ASA1-AA1,870,1916 (b) A grain warehouse keeper's current ratio assessment factor under sub. (2)
17(b) to (d) is 0.000045 except that, for the grain warehouse keeper's 5th or higher
18consecutive full license year as a contributing grain warehouse keeper, the grain
19warehouse keeper's current ratio assessment factor is 0.000036.

SB55-ASA1-AA1,870,22 20(4) Debt to equity ratio assessment rate. A grain warehouse keeper's debt to
21equity ratio assessment rate is calculated, at the beginning of the license year, as
22follows:

SB55-ASA1-AA1,871,223 (a) If the grain warehouse keeper has filed an annual financial statement
24under s. 126.28 and that financial statement shows positive equity and a debt to
25equity ratio of not more than 4.0 to 1.0, the grain warehouse keeper's debt to equity

1ratio assessment rate equals the greater of zero or the debt to equity ratio assessment
2factor in sub. (5) (a) multiplied by the following amount:

SB55-ASA1-AA1,871,33 1. Subtract 4 from the debt to equity ratio.

SB55-ASA1-AA1,871,44 2. Divide the amount determined under subd. 1. by 3.

SB55-ASA1-AA1,871,55 3. Raise the amount determined under subd. 2. to the 3rd power.

SB55-ASA1-AA1,871,66 4. Subtract 1.7 from the debt to equity ratio.

SB55-ASA1-AA1,871,77 5. Divide the amount determined under subd. 4. by 1.75.

SB55-ASA1-AA1,871,88 6. Raise the amount determined under subd. 5. to the 7th power.

SB55-ASA1-AA1,871,109 7. Add the amount determined under subd. 3. to the amount determined under
10subd. 6.

SB55-ASA1-AA1,871,1111 8. Add 2 to the amount determined under subd. 7.

SB55-ASA1-AA1,871,1612 (b) If the grain warehouse keeper has filed an annual financial statement
13under s. 126.28 and that financial statement shows a debt to equity ratio of greater
14than 4.0 to 1.0 but less than 5.0 to 1.0, the grain warehouse keeper's debt to equity
15ratio assessment rate equals the debt to equity ratio assessment factor in sub. (5) (b)
16multiplied by the following amount:

SB55-ASA1-AA1,871,1717 1. Subtract 4 from the debt to equity ratio.

SB55-ASA1-AA1,871,1818 2. Divide the amount determined under subd. 1. by 3.

SB55-ASA1-AA1,871,1919 3. Raise the amount determined under subd. 2. to the 3rd power.