Posts Tagged ‘evergreen loan’

Accounts Payable is Not Long-Term Debt

This will be a very short article. It is a follow up to Current or Long-Term Debt that discussed the appropriate use of various kinds of debt.

Accounts Payable

A comment made in a forum about accounts payable is what prompted this brief update on debt and how it is used. The commenter noted that a company was reclassifying some of its accounts payable to a note payable. When I heard this all kinds of bells and whistles went off. This is usually an indication of Read the rest of this entry »

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Balance Sheet | A Different Look

When you look at a family photo there is something interesting that happens. While at first you may look at the group as a whole, if you look long enough you will invariably begin to think about specific individuals in the picture. You may think about the unique traits they have they you really like or even those traits that can drive you nuts. Do you sometimes find yourself thinking how much someone adds to your family? Perhaps you are even reminded of the challenges someone presents. So, what does this have to do with a company’s balance sheet?

The Balance Sheet in Total

At first glance a balance sheet may look like just a bunch of numbers, but we know Read the rest of this entry »

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4 Reasons the National Debt Matters

Several people have made the comment, “The national debt doesn’t matter.” Oh really? Here are 4 reasons they are seriously mistaken.

We Owe, We Owe

You may have heard the line, “I owe, I owe. It’s off to work I go.” Of course this is a take odd on the line in Read the rest of this entry »

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How to Get the Bank off Your Back

I can remember on more than one occasion observing where a client’s bank just wasn’t buying what the client was saying anymore.  Perhaps you have had a similar struggle with your bank.  There are some things you can do to Read the rest of this entry »

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