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When you buy something on credit, there is going to be an interest payment. And even if you are told that there is no interest payment, such offers generally come with an "administrative fee" which means that you are paying interest under another name.

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Q: What is the cost of purchasing something with credit by financing and cash?
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Purchasing of fixed asset is not a part of operating activity instead of that it is part of cash flows from financing activities in cash flow statement.


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How should you go about purchasing an auto with a judgment and 2 charge offs on your credit?

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