Bankomaty

When central banks (like the Fed) adjust interest rates, are these the same rates used by Commercial Banks? Do Commercial Banks give the same interest rates as the Central Bank?Submited by:Steven TJ

Mick asked:


Given the bank notes are printed by the government and given evenly among the banks at no interest. The amount of money would stay constant.
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The interest would happen only between the lender and the borrower at the market interest rate.
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What do you think about this model? Would this work? If you think it wouldn’t, give reasons.

There are rumours about money theft by unauthorized persons from your debit cards,credit cards and bank accounts.I am planning to do business online.Will it be safe to give my credit card, debit card and bank account number to paypal and ebay.

By: Surain C

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If land or houses built and in inventory are impaired and “written down” to mkt value which reduces profit on the P&L as an expense or charge, why does this figure end up as an increase on the cash flow statement?

Its a non-cash event is it not? Example: if you write down the value of land and a house (you’re a builder) for $50,000 due to fallen prices, why does this $50,000 charge end up as an increase to the cash account and improve the cash flow statement?

Obviously, I’m not an accountant and this seems very counter intuitive. If what I described is correct, you do not have an additional $50,000 in your bank account to spend.

What am I missing?

By: Alex A

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Seems odd to have instructions in braille on an ATM, because if the person is blind, they cannot obtain a license or drive a vehicle. What is the purpose behind this?

By: Dorothy K

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Chelly! asked:


I have a checking account with BofA and I was able to request a HelloKitty checkcard, but I need to close that account and open a new one. For other reasons I don’t want to keep it w/ BofA but want to get a cute atm card again. So do you know what bank offers that service? thanks!

1. Cash generated from operations exceeds investing needs, and the company can begin retiring debt during the

a. introductory phase.
b. growth phase.
c. maturity phase.
d. decline phase.

2. A company would be expected to generate small amounts of cash from operations during the

a. introductory phase.
b. growth phase.
c. maturity phase.
d. decline phase.Submited by:Karan

Hi, I just started my first job and counting down my cash drawer was embarassingly difficult for me. If somone can give me tips on how to do this properly so i’m not in the stock room forever doing it and keeping my superviser later than usual, I’d really appreciate it! Thanks.Submited by:Lee