Business & Finance - 18 September 2007

The bank sent a note of one unpaid monthly payment to the credit bureau. How would this affect my credit?

2007-09-18 15:23:43 · 9 answers · asked by Marta 1 in Renting & Real Estate

At 20.55%, I would like to have it paid off by Feb O8, I'm think up putting at least 100 or more every month to get it down, most of the charges on it are from things I've helped my mom with. So she pays a little each month around 20 each month. So I was wondering how long would it take.

2007-09-18 15:12:53 · 8 answers · asked by Anonymous in Credit

u are reviewing the year-end financial statements of a small ($2 mil. revenues) company that has applied for a long-term loan from the bank. u note as you begin that a principal stockholder is your former college roommate. You are preparing your report & wonder about the following:
a. The company decided during the last month of the year to change their method of accounting for depreciation for this year’s financial statements. You do not believe that any adjustments were made to prior years’ reported results as a consequence of this change.
Should these items be disclosed in your report? Why or why not? If you disclose, how should your disclosure be phrased?

Should you disclose this to the company, to your employer, or in your report? Should the audit have been conducted differently? In your answers, try to keep in mind some of the fundamental qualitative principles underlying financial reporting and cite them where relevant.

2007-09-18 15:09:39 · 3 answers · asked by Anonymous in Other - Business & Finance

i love babies and children. i make a's and b's. i want a job in the medical field that doesnt work 24/7 and pays really good. what job would be for me.

2007-09-18 15:02:16 · 8 answers · asked by Anonymous in Health Care

just curious ^_^

2007-09-18 15:00:33 · 7 answers · asked by ★→Damian←★ 4 in Credit

sam immediately purchased office furniture and manufacturing equipment costing $12,000 and $34,000, respectively. The office furniture had a 6-year useful life and a zero salvage value. The manufacturing equipment had a $4,000 salvage value and an expected useful life of 5 years. The company paid $10,000 for salaries of administrative personnel and $15,000 for wages to production personnel. Finally, the company paid $18,000 for raw materials that were used to make inventory. All inventory was started and completed during the year. sam completed production on 6,000 units of product and sold 5,000 units at a price of $15 each in 2008.
Direct Materials=18000,Direct Labor= 15000,Manufacturing Overhead = 6000 , Total Product Cost = 39000,Divided by = 6000,Average Cost Per Unit = 6.5,Cost of goods sold is $32500,Ending inventory = 6500,Net income = 30500,Retained earnings = 30500, total assets = ?,Net cash flow from operating activities = ?,Net cash flow from investing activities = ?

2007-09-18 14:59:50 · 1 answers · asked by Anonymous in Other - Business & Finance

I already tried mowing lawns but nobody wants me, don't say lemonade stand please.

2007-09-18 14:53:22 · 5 answers · asked by Anonymous in Personal Finance

I sold an item on Ebay and had item in a box with postage. I normally would have waited for payment before shipping the item, however my wife brought it to the post office while I was at work. Sold the item last Friday. I sent the buyer an invoice they sent me an e-mail that said it was "against ebay policy to require shipping insurance." I sent a friendly e-mail back that said they were incorrect but I would gladly remove the shipping insurance. So I sent them another invoice and haven't been paid or heard anything from the buyer.

PLEASE HELP

2007-09-18 14:46:50 · 3 answers · asked by ? 3 in Other - Business & Finance

If you give a bank $1000 and your interest rate is 3% how long will it take to earn $300?? thx

2007-09-18 14:44:44 · 3 answers · asked by Anonymous in Personal Finance

I am only given the years to maturity, bond price, and yield to maturity.

2007-09-18 14:39:37 · 0 answers · asked by Anonymous in Investing

Ok I have a 2 year old debt of about 2500 that has been charged off. I finally can afford to start paying it off the only problem is I don't know who to send the money to. The original credit card company or the collection agency.

Also do I have to pay the exact amount or can I just pay it off in installments. Any help would be appreciated.

2007-09-18 14:38:57 · 2 answers · asked by cbustetter01 1 in Credit

2007-09-18 14:37:24 · 7 answers · asked by billmysonsdad2 1 in Other - Careers & Employment

Loonie shoots for parity with the US Dollar
http://ca.news.finance.yahoo.com/s/18092007/2/biz-finance-loonie-shoots-parity-u-s-fed-rate-cut.html

What's the loonie worth right now?
http://ca.finance.yahoo.com/q?s=CADUSD=X

2007-09-18 14:33:23 · 97 answers · asked by Y! Canada News Editors 2 in Other - Business & Finance

I just don't get this...

With a 28% marginal tax rate, would a tax-free yield of 7% or a taxable yield of 9.5% give you a better return on your savings? Why?

2007-09-18 14:26:35 · 3 answers · asked by ? 2 in United States

I'm looking for the one that's going to keep me wanting to go to work everyday. I have a family to support so the best paying would also be good. Please someone tell me which one pays more financially and emotionally.

2007-09-18 14:26:24 · 4 answers · asked by cindy 2 in Health Care

2007-09-18 14:23:10 · 11 answers · asked by Anonymous in Law & Legal

I just started a new job and I'm also in college. Normally when I came home I would rest for a bit then work on homework. But now, when I get home, 4 hours later then normal, I'm burned out. I'm sore all over and tired to the point that I can't even pay attention to homework. I'm going to have even more college hours next semester and I don't think I can keep this up.
I work at an auto parts store by the way. So I am having to lift stuff and be on my feet constantly. That's what I will be doing all the time for now on. Will this get easier or am I possibly going to have to give it up?

2007-09-18 14:22:45 · 14 answers · asked by rebel_gurl002 4 in Other - Careers & Employment

I was thinking about adding to my Federal withholding for a larger year end tax return. I did read somewhere that you can be penalized for too large a return.
Is this still true? If so how much for a married filer.
Thank you - Radman

2007-09-18 14:22:22 · 8 answers · asked by Radman 3 in United States

Bla Bla, Vice President
National Junior Honor Society

Like that? And would the title (vice president) be behind or in front of the name?

2007-09-18 14:11:53 · 2 answers · asked by Anonymous in Corporations

I have had very little experience with a debit card, as we live in a rural area where myself and my hubby's bank does not even offer debit cards. I was a bank teller years ago, when they just offered atm cards. My son, off at college, has strictly a debit card. Me the giver and him the spender with that card. Why do transactions, specifically pay at the gas pump, (outside at the actual pump, swiping the card on the pump) post while as a pending debit for only $1, then when the actual transaction clears, up to three days later, it will go through for the whole amount. Why don't those sites just make the pending debit the same amount as the actual transaction?

2007-09-18 14:10:55 · 5 answers · asked by Sheila 6 in Personal Finance

They have put lots of their own money into the house (repairs/maintenance/upkeeping the yard/paying for water, putting tile in the kitchen, plumbing problems, etc). The original owner passed away last year, so now the family members that inherited the home want to sell. My question is this...do my parents have any rights since they lived in the house for so many years and invested lots of their own money into it? The house needs lots of work and my father is the one that has always made all of the repairs, with no reimbursement or reduction in rent. Just wondering what his rights are, before he has to move out.

2007-09-18 14:06:28 · 10 answers · asked by Anonymous in Renting & Real Estate

I have a house in MI that because of taxes, we've had an escrow shortage. Is that something that can be checked into, or reassessed, or do I just get to take it in the teeth?

2007-09-18 13:56:22 · 2 answers · asked by jwhite_555 3 in Renting & Real Estate

I just received my FHA backed approval yesterday for my home loan. A 30 year fixed mortgage at 6.75%. On my loan documents my rate was "floating". I'm waiting on the appraisal corrections to be completed to get the "Clear to Close" sign. My question is can my rate be adjusted to reflect the FED cut of .50% or do it really matter. I talked to my broker about it and he stated it doesn't directly affect me but it will help ARM loan borrowers more directly. Any advice would be helpful. I would love to save evry penny I can

2007-09-18 13:53:18 · 10 answers · asked by Dwan J 2 in Renting & Real Estate

i still have minimal pain. can't drive,walk or stand for length of time. they are offering 30. i'm uncertain.

2007-09-18 13:52:41 · 7 answers · asked by mommom 1 in Insurance

Does anyone know about the child care expenses and/or the child tax credit requirements? Is it helpful?

2007-09-18 13:50:39 · 6 answers · asked by kapika1983 1 in United States

Resume writing , Cv writing , Cover letter Writing

2007-09-18 13:47:50 · 4 answers · asked by answerguru 1 in Technology

how can I keep my electric bill low? keep windows open or what. what helps the usage???

2007-09-18 13:44:30 · 3 answers · asked by Anonymous in Personal Finance

This question involves "uses of cash" and "sources of cash." Why is it that an increase in accounts receivable is considered a use of cash? Isn't accounts receivable the money that another company owes you?

Also, if an increase in accounts receivable is a use of cash, does that mean that a decrease in accounts receivable is also a use of cash?

2007-09-18 13:34:40 · 2 answers · asked by Anonymous in Other - Business & Finance

Rousey Manufacturing Company was started on January 1, 2008, when it acquired $85,000 cash by issuing common stock. Rousey immediately purchased office furniture and manufacturing equipment costing $12,000 and $34,000, respectively. The office furniture had a 6-year useful life and a zero salvage value. The manufacturing equipment had a $4,000 salvage value and an expected useful life of 5 years. The company paid $10,000 for salaries of administrative personnel and $15,000 for wages to production personnel. Finally, the company paid $18,000 for raw materials that were used to make inventory. All inventory was started and completed during the year. Rousey completed production on 6,000 units of product and sold 5,000 units at a price of $15 each in 2008. (Assume that all transactions are cash transactions.)
Cost of goods sold is $32500
Net income = ?
Retained earnings = ?
Total assets = ?
Net cash flow from operating activities = ?
Net cash flow from investing activities =

2007-09-18 13:30:24 · 4 answers · asked by Anonymous in Other - Business & Finance

THANKS

2007-09-18 13:28:43 · 2 answers · asked by Anonymous in Other - Business & Finance