Other - Business & Finance - December 2007

as you may or may not have heard, asda and sainsburys have been fined hundreds of millions of pounds for agreeing to fix the price of milk, butter and cheese years ago. The reason they did this was apparently to help dairy farmers, who lets face it, need it. But (shock and awe) the benefit never reach the farmers, instead the greedysupermarkets as usual stole teh profits!

But what i want to know is where will this money the supermarkets have been fined go to?? Surely it should be used to help farmers no? If not directly then indirectly.

2007-12-07 06:26:16 · 3 answers · asked by wave 5

I need the answer to an accounting problem.

The units of Product YY2 available for sale during the year were as follows.

Apr 1 Inventory 16 units @ $30
Jun 16 Purchase 30 units @ $33
Sep28 Purchase 45 units @ $37

There are 17 units of the product in the physical inventory at March 31. The
Periodic inventory system is used. Determine the cost of merchandise sold
By (a) FIFO, (b) LIFO, and (c) average cost methods.

I need to understand the periodic method, so please explain in detail how
You arrived at the answer.

Manuel Ramirez
University of Houston Student

2007-12-07 04:57:24 · 2 answers · asked by Manuel R 1

I am currently an Indian citizen(Studying Aeronautical Eng.) but want to work in US and live there. Now I wanna know that what type of business oportunities will be available for me if I wanna start the one?
Also what type of business is growing faster there? What will the US need after 2010 and above? Like I concern the housing problem so to provide better and cheaper housing apartments etc... If you wanna start a biz in the US then it'll be of what?

2007-12-07 04:07:41 · 11 answers · asked by Anonymous

I have a friend who posed the following dilema to me this morning.

His car payment was due 3 days ago. Because they were unable to reach him, the creditor called his parents and his brother. He knows that he did not list his brother as a reference/contact etc on his loan application but acknowledges that he probably did list his parents number.

With that in mind, is it legal for the creditor to call family members who were NOT listed as a reference? It seems to me that 3 days past due is a bit quick to call anyone. Please give me your thoughts???

2007-12-07 03:01:08 · 2 answers · asked by laneydoll 5

2007-12-07 02:46:55 · 3 answers · asked by carolyn 2

I have not cash the money order

2007-12-06 17:30:32 · 15 answers · asked by anton a 2

I keep getting e-mails from companies in Europe wanting me to transfer funds for them-cash checks and them send them money orders etc. It sounds fishy and I asked a bank but they never answered me, If its legitimate, it sounds like a good deal but it also sounds like a scam.

2007-12-06 14:54:47 · 4 answers · asked by Ray B 2

They take most of the profit ,fix the prices and together with the Coal industry help destroy the environment.

2007-12-06 14:39:51 · 1 answers · asked by Anonymous

money" - what is your response to that statement?
Respond

2007-12-06 14:13:59 · 8 answers · asked by Anonymous

would anyone be willing to check my accounting homework and help me with my adjusted balances

2007-12-06 14:04:35 · 4 answers · asked by city chic 1

I'm considering buying Iraqi currency as an investment. Is that a good idea?

2007-12-06 12:39:50 · 6 answers · asked by Anonymous

I was going to get this pair of jeans on ebay but for some reason.. My paypal was completelyl at zero. Even right after I sold an 800 dollar circuit breaker. I thought the money was there,.. it was when I last looked.. and then it wasnt there when i tried to pay for the item. I tried contacting this person several times and there was no response. I tried letting them know what was going on with my paypal and a few hours later, i get a negative feedback. Should I retaliate by leaving them a negative feedback as well for poor communication?

2007-12-06 12:22:35 · 4 answers · asked by Ashley 3

My friend sells things on Craigslist and just got an offer lately. The person wants to buy all she sells and offer more than what she asked. The buyer said he will send appx $2500 check for her to cash it (her goods are only $750 and he said he will pay $800) and someone else will come p/u the goods & and rest of the money.

I heard something simliar story and the person got into trouble. Where can I find that news link?

2007-12-06 10:47:59 · 1 answers · asked by erin w 2

I'v only been working there a few months & already I've become suspected of stealing because my register keeps repeatedly coming up short. I'm afraid that if i don't quit they'll eventually fire me because no matter how careful I am the same thing keeps happening & I have no idea why. I'm also afraid that if I quit now it'll make me look guilty, but I know it's probably unwise for me to stay. I don't know if I'll get into some kind of trouble legally for leaving or what, but I have to do SOMEthing. Plus i really don't like it there because it's been a lot of pressure to not make mistakes & I don't wanna deal with it anymore.

2007-12-06 10:41:34 · 5 answers · asked by MelloYello 5

what could the answer and why?
a) 1,000 units
b) 1,250
c)2,250
d)5,000
e) none of these

2007-12-06 09:40:26 · 1 answers · asked by Tyeshia D 1

I need three W2 kits for employees. Intuit has kits of ten for 60.00 but I only need three and I feel that’s a little steep. I run QuickBooks pro 07. I'll get them if I have to but just wonted to ask if anyone knows someplace else.......Thanks

2007-12-06 09:33:50 · 1 answers · asked by triminman 5

anyone here think paypal sucks besides me?



This is why people should not use paypal:




1.Paypal lies about the exchange rates (in currancy)

2.Takes too much fee's

3.Scams sellers

4. Lets buyers easily get away with scaming sellers.

5. They take too long to respond to emails.

6. has the right too screw with peoples accounts.

7. does not give money that they owe you.



Is what paypal does legal?. Can they be sued?

2007-12-06 09:26:42 · 4 answers · asked by Johnny 1

(A) A company’s board of directors is considering the introduction of new product which was developed by the company. The research and development costs are estimated to be ₤100,000 on a market research study to assess the potential market for the product. Based on this study it is estimated that the company will be able to sell 12,000 units at a price of ₤24 next year, with the unit sales expanding by an additional 10% a year in subsequent years. The product is expected to be withdrawn from the market after 5 years. The direct costs of production are estimated to be ₤13 a unit. The overheads attributable to the production will amount to ₤15,000 pr annum. Manufacture of the product requires an initial investment in machinery amount to ₤560,000, which will be depreciated on a straight line basis over its useful life of 7 years. It is anticipated that the machinery will have resale value of ₤126,000 at the end of the products working life. The project would also require the use of an existing storage facility that would have been rented out for ₤8,000 per annum if it were not used for the project. The company plans to invest in working capital. It is estimated that debtors and creditors will offset each other, but an investment in stock worth ₤42,000 is required in the beginning of the project and this requirement is expected to grow by 12% in the preceding year. Working capital requirement will no increase further for the rest of the projects life. The company requires a 10% after tax rate of return on such investments and the corporate tax rate is 32%.

(i) Determine the net present value of the proposed investment
(ii) Consider the sensitivity of the NPV to a 10% increase in the price of the product.

2007-12-06 08:57:21 · 3 answers · asked by Anonymous

late unreliable cancelled at short notice and difficult to understtand the timetable sounds like an episode of airport.
1. 50 years of neglect can't be overturned quickly.
2. my Operating company passenger numbers up 20%
3 railoperations are amongst the most regulated industries in the world. read a copy of the master rule book and then consider that we have to know that off by heart for some jobs in the railway

over to you what do you think ?

2007-12-06 07:57:56 · 5 answers · asked by The Fat Controller 5

When I got to the store 9 minutes before closing, the doors were locked. I knocked on the front windows. The owner was parked in the parking lot. I waited for him to come out. He came out after closing time. When I tried to say I was there with sufficient time before closing time, he said that he heard me knock, and was ignoring me.

The next day I wanted to see if he would apologize. Absolutely no remourse from him. He said he goes by his clock. I can get the exact time from the radio on the hour. My gps calibrates to the exact time from the satelites. My cell phone calibrates to the exact time automatically as well. This isn't a matter of claiming to be there 5 seconds before closing time. I was there 9 minutes before. I think that is enough time to purchase one item and complete the transaction before closing time.
1 second ago - 3 days left to answer.
Report It

2007-12-06 07:43:38 · 24 answers · asked by Michael K 1

It says that it was proven on Oprah and Dateline. You have to remove the first name from the list and add your own. You then send the modified letter to 200 plus people. It even quotes some lottery section of the law to prove it is legal. It promises that a small percentage will send a dollar back to you, but as they send out their 200 letters with your name on it, you'll be in the money.

2007-12-06 07:31:34 · 7 answers · asked by nikki 1

Is it easier to multiply your hourly pay x hours worked x weeks (52 in a year) or hourly pay x hours worked x months (12 in a year)? I just want to get a more accurate formula.

When interviewing with employers, they throw out this huge yearly salary but when you break it down into such a formula, it is sometimes a lot less. Thanks.

2007-12-06 07:18:41 · 4 answers · asked by Curious1 2

2007-12-06 06:13:21 · 2 answers · asked by Curiousity killed the cat 5

I need to upload a cover letter to a website associated with my college. Potential co-op employers will then contact students through the website. I have found some useful links online, but they are all geared towards specific job postings. I don't know how I should adress and word my cover letter. Should I use "to who it may concern'? Or maybe "Prospective employer"?

2007-12-06 05:33:36 · 2 answers · asked by Anonymous

i sent money on 11/19/07 for this woman to send me envelope stuffing and i havent seen or heard anything. do i need to take legal action?

2007-12-06 03:50:06 · 7 answers · asked by Nickoli 1

i was hired to receive packages from stores. sample: a lether coat for 1,500. was bought they shipped to me under a different name, and i have to ship it to the real buyer in russia. a guy sends me the lables, of where the packages needs to be ship to. normally is the same buyer , same address. they order expensive $800 shoes, cloth, phones, digital items. etc etc i believe the store wont ship to Russia, or i think the guy is using other people money to buy that staff and does not want that to go to his address. i dont know whats going on. i been looking for that company but i cant find anything. right now, i am receiving packages and shiping them to russia or costomers that paid for it . normally they are in a different county. what should i do? is it eligal?

2007-12-06 03:49:31 · 5 answers · asked by SG 2 1

2007-12-06 03:15:01 · 1 answers · asked by Linda B 1

I might need to buy Sage e-Banking for my business, but wondered how much it costs? I'm running MMS.

2007-12-06 02:25:54 · 2 answers · asked by icklnickla 2

hi every1 im going to a club tmz (koko) and they check id and i have none that means no driving license no passport no nothing i basicly have nothing so my question is were can i get a form identafication fast as i need it tmz(friday) thanksssssssssssss

2007-12-05 22:27:37 · 3 answers · asked by kezz247 2

2007-12-05 20:48:39 · 7 answers · asked by nji36 1