Business & Finance - 7 October 2007

2007-10-07 07:10:33 · 8 answers · asked by Anonymous in Other - Business & Finance

I bought EXM (Excel Maritime) on the NYSE at $13/share around Nov 2005 and it's at $59/share. I had heard somewhere that the capital gains tax is less if you hold on to a stock for more than two years prior to selling it at a profit and just wanted to find out if this is true because I'd hold off on selling for another month or two if this is the case. Thanks in advance for any pertinent and knowledgeable responses.

2007-10-07 07:10:01 · 2 answers · asked by Anonymous in United States

Slater Photography account balances at 12/31, 20x4, before recording adjusting entries:
cash $26,667 debit
prepaid insurance $450 debit
film on hand $250 debit
cameras $20,000 debit
accumulated depreciation - cameras $3,667 credit
accounts payable $7000 credit
unearned revenue $5,700 credit
note payable $3000 credit
capital stock $1000 credit
retained earnings $5800 credit
dividends $1200 debit
revenue $28000 credit
utilities expense $3200 debit
salaries expense $2400 debit
insurance policy is dated 12/1; the monthly insurance is $50.
film on hand on 12/31, 20x4, was $180
cameras were purchased on 1/1; 20x4. with an estimated life of 5 years.
the balance in unearned revenue is $2000.
interest owed by not paid on the note was $30.
salaries owed but not paid at 12/31 were $2000.

2007-10-07 07:07:53 · 2 answers · asked by Cindy S 1 in Personal Finance

I know I am, after reading statistics on how many times a dollar earned is actually taxed....begins with income tax, tax if you save it and earn interest, taxed if you use money saved, taxed every time we buy something.
Also, have you noticed how every time a tragedy happens in our country, we have to raise money from our own selves...the citizens, to pay for helping others or providing the things government should be prepared for. In the mean time, we are in debt $600,000,000,000.00 due to war. Do you think America is being duped?

2007-10-07 07:06:17 · 2 answers · asked by Cub6265 6 in United States

Slater Photography account balances at 12/31, 20x4, before recording adjusting entries:
cash $26,667 debit
prepaid insurance $450 debit
film on hand $250 debit
cameras $20,000 debit
accumulated depreciation - cameras $3,667 credit
accounts payable $7000 credit
unearned revenue $5,700 credit
note payable $3000 credit
capital stock $1000 credit
retained earnings $5800 credit
dividends $1200 debit
revenue $28000 credit
utilities expense $3200 debit
salaries expense $2400 debit
insurance policy is dated 12/1; the monthly insurance is $50.
film on hand on 12/31, 20x4, was $180
cameras were purchased on 1/1; 20x4. with an estimated life of 5 years.
the balance in unearned revenue is $2000.
interest owed by not paid on the note was $30.
salaries owed but not paid at 12/31 were $2000.

2007-10-07 07:06:00 · 2 answers · asked by Cindy S 1 in Personal Finance

2007-10-07 07:00:17 · 5 answers · asked by stanley c 1 in United States

2007-10-07 06:54:00 · 10 answers · asked by mark f 4 in Other - Business & Finance

2007-10-07 06:48:04 · 3 answers · asked by Chelsea 2 in Corporations

I have been in a full time office job for the last 6 months, and have just handed in my resignation letter, thereby giving my employer 4 weeks notice of my attention to leave my post. This notice of leave will take me towards end of October.

However, I am now having 2nd thoughts and am considering withdrawing my resignation letter. Do you know of any 'standard laws' where employees are allowed to take back their resignation letter or does each employer handle this type of situation differently?

2007-10-07 06:45:13 · 16 answers · asked by Manjinder C 1 in Other - Careers & Employment

2007-10-07 06:44:15 · 1 answers · asked by Anonymous in Small Business

Can i make a STANDARD DEVIATION for the portfolio? and why??

2007-10-07 06:43:10 · 1 answers · asked by miss_cute_simple 1 in Investing

I just bought something from the UK and it says it's 39.97 pounds. How much is that in US currency?

2007-10-07 06:36:44 · 7 answers · asked by UniqueFlavor 2 in Other - Business & Finance

2007-10-07 06:34:47 · 1 answers · asked by Gihan 1 in Corporations

Is it like 1 1/2 times the cost of material or something like that? So if I have a big job the labor should be under, at cost or above the cost of just materials?

2007-10-07 06:33:28 · 5 answers · asked by Anonymous in Small Business

I see a lot of ads in the wanted section of the paper for Vending route drivers. Lots of them have a base salary and then say you earn commish. Anyone try this job before. How much do you usually make per week with commish. Does your salary increase the longer you work there?

2007-10-07 06:33:16 · 3 answers · asked by Anonymous in Other - Careers & Employment

I know IRS can take everything from somebody if they owe money for one or another reason.My spouse had problems before he got married for me, and he still have not taken care of them. I am worried that i can get in trouble because of him one day.Is that possible, and how can i prevent my savings and 401k?

2007-10-07 06:26:16 · 6 answers · asked by Poznai 1 in United States

2007-10-07 06:24:56 · 3 answers · asked by dhamhk 1 in Personal Finance

2007-10-07 06:22:56 · 13 answers · asked by Anonymous in Investing

My company is going out of Business, I want to pay my home off with my 401'k how will I be taxed on that? And also thinking of opening a business with my money will I still have to pay taxes?

2007-10-07 06:22:28 · 7 answers · asked by Dolly B 1 in Personal Finance

I am caught in a Payday loan nightmare. My credit will not allow me to get a personal loan. I was reading about Prosper, person-to-person loan, hoping and praying that someone would help me get out of this pit called Payday loans.

2007-10-07 06:19:25 · 4 answers · asked by Sunfire03 1 in Personal Finance

I am trying to improve my credit. I paid off a judgement 8 years old, I have paid off 3 collection accounts, and I continously pay each month old collection accounts, but my FICO score is not improving.

2007-10-07 06:16:19 · 7 answers · asked by Sunfire03 1 in Credit

2007-10-07 06:09:53 · 2 answers · asked by WILLIAM D 1 in United States

2007-10-07 06:07:04 · 1 answers · asked by James J 1 in Renting & Real Estate

2007-10-07 06:06:21 · 7 answers · asked by Stave85 1 in Other - Careers & Employment

2007-10-07 06:05:30 · 2 answers · asked by James J 1 in Personal Finance

Any tricky people out there have an idea?


Not an organization, but would be for a educational purpose (horse), must get tax deduction.
Any ideas?

2007-10-07 06:04:47 · 3 answers · asked by HCOcowgirl 2 in Other - Taxes

So i havent checked my credit report or nothing since i turned 18 in May of 2007..(DUH) and I got approved for a Chase Freedom awhile back and today got approved for a Capital One card does that indicate good history starting to establish?

2007-10-07 05:53:17 · 10 answers · asked by Anonymous in Credit

what is/makes an effective trade union?

2007-10-07 05:50:54 · 2 answers · asked by jellybeans 1 in Corporations

I have been paying on a 2500.00 dollar medical bill every month for 10 months, now last month I guess they didn't update their records and they say that they didn't get payment. I went ahead and paid this months bill, and Friday I got a nasty letter saying I owe the full amount! What are my rights? And how should I deal with them?

2007-10-07 05:49:35 · 6 answers · asked by jamijokidd 2 in Credit

2007-10-07 05:42:08 · 8 answers · asked by Anonymous in Personal Finance