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Payday advance types of loans usually require the entire amount to be repaid on the next pay period. No credit or faxing needed for loans under $1000. Bad credit OK! Instant Decision; you can start today and have the cash you need quickly
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We can loan up to $500 to Pennsylvania occupants, in view of qualifying elements. On the off chance that endorsed, your credit will be expected on your next payday that falls in the vicinity of 10 and 31 days after you get your advance. Nitty gritty data with respect to expenses and reimbursement is accessible on our Rates and Terms page. As you consider whether an advance is proper for your prompt needs, you ought to likewise investigate other subsidizing alternatives. A payday credit is a genuine budgetary duty, and not an answer for long haul issues. Getting from a companion of relative may be a superior alternative.
Okay, so I have a question with the answer but I have the slighest clue as to how to derive at the answer. I am doing something wrong. Here is the Question; Given the Balance Sheets for Momber's Flooring Company above for the years ending December 31, 2007 and 2008, find Net Cash Flows from Investing Activities for 2008 assuming the following income statement data: Net income (2008) = $2,984 and Depreciation (2008) = $1,414 Momber's Flooring Company 2007 2008 Cash 500 800 Accounts receivable 1,400 1,200 Inventory 3,900 4,400 Net fixed assets 8,200 8,200 Land 1,000 2,000 Total Assets 15,000 16,600 Notes payable 1,000 600 Accounts payable 3,000 2,000 Accruals 500 900 Long-term debt 3,600 5,400 Common Stock 2,500 2,200 Retained earnings 4,400 5,500 Total Liabilities and Equity 15,000 16,600 ANSWER: -2,414 HOW IS THAT THE ANSWER?????? DO I HAVE TO FIND INREASE Pennsylvania CURRENT PORTION OF LT DEBT??? IF SO HOW??? PLEASE HELP!!!!! PLEASE TELL Pennsylvania STEP BY STEP HOW TO SOLVE PLEASE I BEG OF YOU
This is a very tricky problem. Note that Net Fixed Assets of 8,200 did not change during the year, yet Depreciation for the year was 1,414, increasing Accumulated Depreciation by that amount. Therefore, Fixed Assets must have gone up by the same amount, since the net change for the year was zero. Example: Fixed Assets, at Cost Beg Bal 50,000 Additions 1,414 End Bal 51,414 Accumulated Depreciation Beg Bal 41,800 Depreciation expense 1,414 End Bal 43,214 Net Fixed Assets Beg Bal 50,000 - 41,800 = 8,200 End Bal 51,414 - 43,214 = 8,200 So negative cash flow from Investing was Land 1,000 plus 1,414 in Depreciable assets.