Business & Finance - 11 November 2007

Why is it that all the financial analysis did not see that calling in all these mortgages would have a devastation effect on the economy?
Did they not consult the analysis before making this drastic step or that is just another down fall and the start of what is in store for the American people. Is this the America of the feature? Is America loosing touch with reality? What is happening in America isn’t war enough a broken economy also. By the way I am not American or anti American but I can foresee the future if the government does not step in.

2007-11-11 17:11:53 · 2 answers · asked by ecarmen2020 1 in Other - Business & Finance

june 1 purchased item 1 @ 2.00 ea, June 3 sold 22 items, June 5th 25 new item 1 received @1.25, June 15- 17 item 1 sold, June 19 purchase 25 item 1@ 1.00, June 27 sold 6 item 1. What is the value of inventory as of June 30 under LIFO method

2007-11-11 17:05:35 · 2 answers · asked by sunshine0jean 1 in Other - Taxes

2007-11-11 17:05:21 · 2 answers · asked by raadmuhajjar 1 in Credit

My friend's father died earlier this year. We know his father has a remainder balance on his mortgage. I would like to purchase the house because my friend doesn't want the burden of the house and he'd rather give it to me than a stranger. But, because there's still mortgage owed on the house the banks will foreclose on the property. How can I purchase the house from my friend, before the property is attacked by investors at a public foreclosure auction. We're in Missouri.

2007-11-11 16:42:03 · 6 answers · asked by Mic B 2 in Renting & Real Estate

If your apartment building is sold and you owe back rent then who do you owe it to? the old landlord or the new one?

2007-11-11 16:33:25 · 6 answers · asked by Anonymous in Renting & Real Estate

My question is just like the title.
Say if my dad cosigned for my credit card, and then few years later if he declares bankruptcy, will his bad credit affect to mine or will i need to pay for his debt or something?

2007-11-11 16:31:55 · 5 answers · asked by wonderland 1 in Credit

I realize that amount will increase a little bit next year, but why is it capped at that amount? Pretty much everybody that makes over $100,000 per year isn't going to miss that amount, while your average minimum-wage worker is going to take a bigger hit, percentage-wise.
WHY???

2007-11-11 16:15:58 · 11 answers · asked by Johnny 3 in United States

I have a check for $8,000 and I dont have a bank account. The check is drawn off of Bank of America. Can I walk into any Bank of Americas and get the check cashed?

2007-11-11 16:05:45 · 4 answers · asked by jaywill528 2 in Credit

I keep hearing that I should plan on a 10% downpayment. I always thought down payments are a lot less! For example, maybe 3% or 5%.

Obviously a 10% downpayment would be better if at all possible. But what does the *typical* lender require? Is 10% standard nowadays?

I have bad credit now, but am hoping to clean it up and get a loan in 5 years. So hopefully I can get good terms then, but I need to know what's standard. Thanks!

2007-11-11 16:00:49 · 4 answers · asked by merebear83 2 in Renting & Real Estate

dont own car, rent a house from a friend of the boss, used feeling ill quite a lot

2007-11-11 15:54:48 · 13 answers · asked by marti big banana 1 in Other - Careers & Employment

Obviously, technical analysis is large to attemp to know everything. If you are a sucessful day trader, can you share what are you common strategies that you focus to reap continous rewards. Thanks!

2007-11-11 15:42:02 · 6 answers · asked by Paul 1 in Investing

would you work anymore?

2007-11-11 15:25:51 · 10 answers · asked by Chris l 1 in Personal Finance

I currently have an auction up on eBay on an expensive item ($300). Is it risky to ship the item to Chile? If I do happen to take the chance, what precautions should I take? Delivery confirmation, signature upon delivery, tracking? Also, what about customs?

Thanks.

2007-11-11 15:25:22 · 3 answers · asked by Anonymous in Other - Business & Finance

2007-11-11 15:24:45 · 2 answers · asked by howard_2018 1 in United States

I know that this same question is out there, but here are my thoughts. First, how does one afford to pay for all the new things in it that work- as stated in the q&a posted below, how does one afford the landscaping and heating a house that is 3 times bigger than before? But also, in CA [as far as I know], if someone receives a "gift" of over 12K, you have to pay taxes on it. I also read in TIME Magazine that when Oprah gave away the 100 Red Ford Taurses to poor women, more than 1/2 of them had to sell them b/c they couldn't afford to pay the taxes?!!? Accountants, tax people, gov't officials- someone please help me understand how one can "afford" the extreme makeover home edition!?!?


http://answers.yahoo.com/question/index;_ylt=AgCG38.fdCqQF8JI_u8jEqdIzKIX;_ylv=3?qid=20060905115159AAWWfof

2007-11-11 15:21:59 · 3 answers · asked by cookiesmonster1030 2 in United States

I just opened up an IRA account at Etrade today with a $10 deposit. I know I need to contribute more, but what can I do from my initial depsoit?

I've been checking the mutual funds and other options and all seem to have a high purchase requirement.

Also, with my IRA, will my cash garner interest?

2007-11-11 15:18:55 · 4 answers · asked by collegeboy2178 3 in Investing

What is the attrition rate for new traders. Is it a skill that can be learned or something you have to be a natural at?

2007-11-11 14:56:52 · 5 answers · asked by Anonymous in Investing

2007-11-11 14:48:26 · 2 answers · asked by 000x65J 2 in Other - Business & Finance

I want to buy the business where i currently work and i was told to place a bid but i don't know how. I do know that it need's to be in writing but i don't know the format and wording i need to use i brought program to help me write my business plan but i was told a business plan and a bid are not the same. so i need help can any one help me with this please. thank you

2007-11-11 14:45:09 · 2 answers · asked by juicy 1 in Other - Business & Finance

2007-11-11 14:44:52 · 3 answers · asked by Anonymous in Investing

I have been looking for a home now for about ten months. I know what I want, but I just can't find it. I can't afford much more than a monthly payment of about $1000 so a $120,000 house is about the limit for me right now. I've found a nice chunk of property on a few acres for about $40,000. By my way of thinking, if I can get a house on that acreage, I wouldn't have to deal with an old house that isn't up to date (which is what i've been finding in my price range). Does anyone have any experience with modular homes? Tell me your experience, please!
I'm probably looking at about a 1000-1200 sft capecod or ranch style home with a garage and a basement (not a slab). In michigan, where no one seems to have any work right now anyhow... what price do you think iw ould pay for this? Does the price of a modular home include the septic/well? if not, how much does that run? Would the price include things like toilets, cupboards, appliances? What can I expect?

2007-11-11 14:41:29 · 2 answers · asked by OhioFantastic 3 in Renting & Real Estate

ok i have been applying like crazy for the past 3 days, writing cover letters and resumes..
i just applied for a position where i work on my computer from "Home".. it was on newyorkjobs.com . this is the page http://www.newyorkjobs.com/jobdetails.cfm?jid=322871

anyway , she just replied me back with this e-mail

Hi, I just received your resume and I think you
would be perfect for this position. My name is
Christina Alexander and I am looking for a self
motivated and reliable individual to process forms
from home. This work is for anyone who wants to work
from home and make money. I am a mother of two and
working from home allows me to stay at home with my
family and earn an above average income. Processing
orders is a very simple job if you are able to follow
directions, read and write clearly and are self
motivated. The orders that you will process will
depend on the clients that you will work with. There
is a $20.00 non refundable fee for training materials
that I will send you.

2007-11-11 14:39:22 · 6 answers · asked by sum142121 1 in Financial Services

I'm not talking about plastic surgeons. It seems they can get away with it but how about the other doctors in the medical specialty or even hospitals? I don't see much advertising like I see of attorneys or ambulance chasers.

Share some insight if anyone knows.

Thanks

2007-11-11 14:37:10 · 5 answers · asked by Truth 2 in Search Engine Optimization

ok i have been applying like crazy for the past 3 days, writing cover letters and resumes..
i just applied for a position where i work on my computer from "Home".. it was on newyorkjobs.com . this is the page http://www.newyorkjobs.com/jobdetails.cfm?jid=322871

anyway , she just replied me back with this e-mail

Hi, I just received your resume and I think you
would be perfect for this position. My name is
Christina Alexander and I am looking for a self
motivated and reliable individual to process forms
from home. This work is for anyone who wants to work
from home and make money. I am a mother of two and
working from home allows me to stay at home with my
family and earn an above average income. Processing
orders is a very simple job if you are able to follow
directions, read and write clearly and are self
motivated. The orders that you will process will
depend on the clients that you will work with. There
is a $20.00 non refundable fee for training materials
that I will send you.

2007-11-11 14:36:56 · 13 answers · asked by sum142121 1 in Administrative and Office Support

While I would like to hear from everyone, I'd especially like to hear from Americans and Canadians. Thanks. I have heard averages from anywhere from $1000 to $8000. I'd like to get a sample average to see where the truth lies. Thank you very much!

2007-11-11 14:35:46 · 14 answers · asked by Anonymous in Personal Finance

Last job was running out of work for me. They assured me that I would be OK but people in the same situation haven been let go in the past 6 mons. So I found a stable job with a competitor. I need to turn my resignation in in the moring but feeling bad. they were a good group but based on what happened to other I knew they would need to let me go if work wasn't found soon. Should I feel bad?

2007-11-11 14:24:13 · 8 answers · asked by 1 Wild and Crazy Guy 3 in Law & Legal

2007-11-11 14:23:43 · 9 answers · asked by abrants 1 in Investing

I want to know in what extent I have to satisfy the job description or requriements for an advertised job. I am presently in Sydney and planing to start looking for a job in January/February. My area is management.
.
Authentic experience would be greatly appreciated.

2007-11-11 14:23:18 · 1 answers · asked by Mick 2 in Other - Careers & Employment

Balance Sheet
As of March 31, 2008

Total
ASSETS
Current Assets
Bank Accounts

Terry Dinh Service Corporation 6,197.00
Total Bank Accounts $6,197.00
Accounts Receivable
Accounts Receivable 0.00
Total Accounts Receivable $0.00
Other Current Assets
Prepaid Insurance 480.00
Total Other Current Assets $480.00
Total Current Assets $6,677.00
Fixed Assets
Computer Equipment
Accumulated Depreciation -2,400.00
Original Cost 6,000.00
Total Computer Equipment $3,600.00
Total Fixed Assets $3,600.00
TOTAL ASSETS $10,277.00
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts Payable
Accounts Payable 0.00
Total Accounts Payable $0.00
Total Current Liabilities $0.00
Total Liabilities $0.00
Equity
Common Stock 1,000.00
Dividends -5,000.00
Income Summary 0.00
Paid in Capital 7,000.00
Retained Earnings 2,532.00
Net Income 4,745.00
Total Equity $10,277.00
TOTAL LIABILITIES AND EQUITY $10,277.00

2007-11-11 14:16:46 · 1 answers · asked by John 1 in Personal Finance

Kia, Hyundai, suzuki are offering 7 year/ 100000 mile warranties. What is the difference? Do American car companies fear standing behind their product for the long run?

2007-11-11 14:13:40 · 3 answers · asked by Anonymous in Corporations