Business & Finance - 3 October 2007

A family spends 1/10 of its annual income for housing, 1/4 for food and clothing, 1/5 for general expenses, and 2/15 for entertainment. What fractional part of their income is spent on these items altogether?

A. 1/7
B. 11/12

C. 6/41

D. 41/60

2007-10-03 18:23:34 · 7 answers · asked by alphajoe 1 in Renting & Real Estate

How long will I be able to get the money transferred from a Credit Suisse account in Switzerland to a bank here in the Philippines?

2007-10-03 18:18:49 · 3 answers · asked by dirkpt 1 in Personal Finance

Do you like your salary and your benefits? Also, if you work for the fed. government for a long time, how much will your salary increase? How do you compare your experience to the private sector, if you have had any? I am cosidering a career in the fed. government.

2007-10-03 18:17:24 · 3 answers · asked by Kaye00 1 in Government & Non-Profit

A house in my neighborhood (South Alabama) has been "abandoned". The owner tried to sell, but discovered massive cracks in the slab and has been unable to sell. No one has been to the house in months, not her, realtors, no one. I assume she's floating the notes on 2 places as she moved to Mississippi a year ago. According to my research into her mortgages, she probably owes around 100k on this place and the estimates to fix the problems were (I hear) around 30k+.

So, if she gets foreclosed on, what would a lender do with that property afterward? Obviously, try to sell it on the courthouse steps, but wouldn't the cracked slab put the kibosh on that by scaring away any buyers? Put the money into it to fix it up? Or just take whatever they could get for it?

2007-10-03 18:07:25 · 3 answers · asked by silentbobsdad 1 in Renting & Real Estate

these are my trial balance accounts on January 1, 2006

Cash
accounts receivable
supplies
prepaid
land
equipment
accumulated depreciation
other assets
accounts payable
notes payable
wages payable
interest payable
deferred revenue
taxes payable
contributed capital
retained earnings
service revenue
depreciation expense
income tax expense
interest expense
other expenses

these are the transactions during 2006:

1. Signed a 1,000 annual repair contract that begins on January 15, 2007
2. Cash of 6,000 was collected on May 1, 2006 for services to be rendered evenly over the next year beginning June 1, 2006
3. The company earned service revenue of 20,000 on a special job that was completed December 24, 2006. Collection will be made during January of 2007.
4. The company collected six months rent of 4,800 for storage space on September 1, 2006.

Also what are the adjusting journal entries, if any, for these transactions?

Any help is much appreciated.

2007-10-03 18:01:59 · 2 answers · asked by Chris 2 in Other - Business & Finance

2007-10-03 17:59:14 · 6 answers · asked by dizzymom 4 in Personal Finance

I want to start a bank account so I can save for things like Student Fees and a car or gas money. I'm tuning 16 in January. But, can I get a checking account and 15 w/a debit card or check book. I don't want a credit card till I'm 15 but can I get one? Any useless information relating to the subject will be much appreciated, thank you.

2007-10-03 17:57:04 · 4 answers · asked by Faraj - King Of Ramadan Section 2 in Personal Finance

I dont have a job because I became disabled.I do have money in a 401k and am wondering if they will allow me to take moeny out to pay them without having to pay tax on that money as income?

2007-10-03 17:54:35 · 6 answers · asked by Anonymous in United States

2007-10-03 17:53:47 · 5 answers · asked by twosharp2005 1 in Credit

I am in dire need of help. One of my good friends lives in a horrible apartment complex in Clute, Texas. She pays 340 for rent. Was lied to from the beginning being promised new utilities like a dishwasher and a refridgerator. None of this was delivered. She however does not have this in writing. Where she lives is not safe. There have been multiple break ins and the crime rate is unbelievable there was even a murder. Apartment complex has stated that everyone in complex needs to take safety measures such as putting more insurance coverage on their cars due to the possibilty of getting broken into (mine did) and etc. Isn't the complex supposed to provide security, they have a gate that doesnt work but states in the lease that they have a working gate. She has 5 months left on her lease. She gave her 30 day notice. They are trying to charge her almost 2,000 and expecting her to pay it off within 30 days. No where does it say she has a 30 day time limit to pay off. What can she do

2007-10-03 17:46:32 · 9 answers · asked by Stephanie T 1 in Renting & Real Estate

I am moving at the end of the month, and when I gave my 30 day notice my landlord claimed I have to give 60 days notice.

But the thing is I did not pay 1st and last months rent when I moved in here. No other deposit, nothing, literally just the 1st months rent.

This is an apartment I am currently renting. In the last 4 years of living here the landlord has changed twice. I am leaving regardless at the end of the month, but just wondering what will occur now. Thanks :)

2007-10-03 17:44:44 · 5 answers · asked by zeekandthefam 5 in Renting & Real Estate

if u were 16 and a job made u work fridays,saturdays and sundays EVERY week((and other days in the week))?!

2007-10-03 17:39:38 · 14 answers · asked by ♥ 1 in Other - Careers & Employment

I am trying to get a credit card to start establishing credit. I am a college student. What is the best way to try to get one? Or what provider is the best like Mastercard or Visa, etc. I'm having a hard time getting one and co-signing is not an option for me at this point.

2007-10-03 17:37:19 · 9 answers · asked by Team Melendez 2 in Credit

2007-10-03 17:37:03 · 9 answers · asked by twosharp2005 1 in Credit

2007-10-03 17:30:43 · 1 answers · asked by .^.^./////~.~/////.^.^. . 1 in Other - Business & Finance

She hasn't quit the company, terminated or let go. Why would you receive this letter? Has this ever happened to anyone. I can find out from HR tomorrow but I can't wait for tomorrow. Thanks.. curious me..

2007-10-03 17:28:28 · 6 answers · asked by itsmee 2 in Insurance

2007-10-03 17:27:30 · 4 answers · asked by madison 1 in Other - Business & Finance

Can someone please help!!!

2007-10-03 17:26:40 · 3 answers · asked by Friv 4 in Other - Business & Finance

Hello, I am a student studying Finance.
When reading a book, I came across a sentence saying "Events in the financial system could cause an increase in spending by causing an increase in the money supply. This will happen if there is an expansion of banks and their deposit."

What I don't understand is that
How is it possible that an expansion of deposits can cause an increase in money supply ,then,an increase in spending.

because
if there is an increase in the level of deposit, which means people saving more than before.
There must be fall in money supply, what is more, With people having less money in their hands because of saving, the level of spending must be lower than before.

So, would you please let me understand how an expansion of deposit causes an increase in the money supply and ultimately an increase in the level of spending?

Thank you for reading.

2007-10-03 17:18:15 · 3 answers · asked by Anonymous in Other - Business & Finance

I am doing a report so I need references...

2007-10-03 17:18:13 · 1 answers · asked by Diana M 1 in Corporations

I want to take my 3 weeks of vacation at my current company now. DUring this time, I want to start at my new company...I intend to tell my current company that I quit at the end of the 3 weeks...but really I already started elsewhere. I know this isn't exactly ethical...but is it illegal at all?

2007-10-03 17:14:52 · 6 answers · asked by Hans Y 1 in Law & Legal

Long story short, I picked up some undocumented workers to work on a deck. They did a great job. I agreed to pay $100 dollars. They then at the end of the job asked for payment. I asked to see their SSN, so I could report this information to the IRS. They said they didn't have one. I told them that I couldn't pay them without documentation. They became upset and yelled out RAWYER, which I think they meant lawyer. I threw them out of my house. If they come back, can I just give them a set of used clothes and tell them the debt has been paid?

2007-10-03 17:00:27 · 11 answers · asked by Anonymous in United States

I've recently received a couple money chain-type letters, basically you make copies of the letter, send $1 to the six people on the list, get names off of a mailing list, and send out the letters to as many people as you like (they usually say at least 200). I've done something similar as a gag with friends with underwear, you send out 1 pair, and get about six back, so it's the same type of concept. Anyone know what I'm talking about or given it a try?

2007-10-03 16:57:03 · 6 answers · asked by Mommy_1030 1 in Other - Business & Finance

describe a time when you moral values influenced the way you responded to an issue. What differences did you noitice between your logical reasoning process and your moral reasoning process? What were the possible consequences or outcomes of your decision?

2007-10-03 16:56:58 · 3 answers · asked by Anonymous in Other - Business & Finance

Our landlord foreclosed and decided not to tell us. We found out because the realtor came by and said we had 30 days to get out. It's real difficult for us to rent because of a foreclosure on our own credit history. The realtor claims we can sue the landlord for the rent we paid but I've never heard of that. Is our only option to leave quietly?

2007-10-03 16:50:46 · 4 answers · asked by Curious831 1 in Renting & Real Estate

After a year the market value of that house went down at $150,000 How are you going to deal with it? You'll see the same model like your house being sell lower on what you bought yours.

2007-10-03 16:45:56 · 6 answers · asked by WhatsUp 4 in Renting & Real Estate

My wife and I are going through a rough time. She insists that we not file taxes together this year. I make a lot more money than she does and she is under the impression that she will receive more money back if she files alone as opposed to joint filing with myself. We have no kids.

(I know it's waaaay past tax season, but it's been a rough year)

2007-10-03 16:44:07 · 4 answers · asked by GreenPlaid 1 in Other - Taxes

Maybe this won't make much of a difference, but I'm wondering which time-slot I should sign up to interview during. The interviewer will be on campus conducting interviews from 8:30 AM-4:00 PM, with a couple breaks in the middle. There are 6 time slots of an hour each. I'm wondering if it would be to my advantage to go for an early, middle, or late slot. What do you guys think? Any input is appreciated. Thanks!

2007-10-03 16:38:04 · 7 answers · asked by C 2 in Other - Careers & Employment

I'm a floor covering contractor and I get people trying to talk me down on the price i quoted them all the time. Why would you do that. If you go to the store and a gallon of milk says $2.99 your not going to try to hustle the cashier for a better price? I don't see why its ok to do it to me?

2007-10-03 16:35:06 · 11 answers · asked by breakfast of champions 3 in Other - Business & Finance

2007-10-03 16:28:02 · 5 answers · asked by Sonia R 1 in Credit