Category Archives: Other – Business & Finance

How is venture capital financing accounted for in balance sheet?

gpapayia asked: I imagine if the financing is structured as a convertible loan, then the money is added as a liability. But if the investment is in return for common shares, how is the transaction recorded?Joseph

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What is the difference between accounting and financing majors?

Bob Leazd asked: So I’m currently considering some majors and I wanted to know what the differences between accounting and financing majors were?? What are some jobs one can get as an accounting or financing major? Also how much do … Continue reading

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Which job field here could allow me to sort out clothes, re-stocking shoes/clothing?

Tai asked: I’m 15 and I found a job that I could have a chance at getting hired for it. Problem is.. I don’t know which job field is the one I am looking for. The position I want to … Continue reading

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r u good in finance to help me out here?

nano_angels asked: i have income statments for 10 unidentified industries and i should know how to link these numbers with industries that the teacher already gave it to us….(1.software developer/ 2.on-line retailer/ 3. warehouse club merchandise for food/ 4. major … Continue reading

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What do you think about using credit scores for the hospital and doctors now?

Dude asked: The use of consumers credit reports these days is out of control. They are using your credit report for everything you can imagine that involves money. – Banks (just to open a savings account!!!) – Libraries – Employers … Continue reading

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Has anyone heard of Consumer Portfolio Services?

purple asked: We have a car through this finance company Consumer Portfolio Services (CPS) We are 24 days past due on our payment. They are so rude about this. They called me to asked are you making a payment today, … Continue reading

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How does sales in Investment banks work?

tobias asked: I understand sales in consumer products where there is a tangible product, but in Investment banking what are they selling? and how do they sell something intangible. Please help I am a student interest in the sales field … Continue reading

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Finance help needed-interest rate, money markets, annuities?

sabhow asked: Money markets are markets for Foreign currencies. Consumer automobile loans. Corporate stocks. Long-term bonds. Short-term debt securities such a Treasury bills. 2. Which of the following statements is CORRECT? The most important difference between spot markets versus futures … Continue reading

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How do collection department works in consumer finance?

Arun asked: For example icici bank provides loans for two wheelers,four wheelers&personnal loans.If the customer does not repay the loan properly how do they reover back their money or the asset.Regina

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Which CCCS company best to go thru and why?

Lea asked: Have you filed with a CCCS consumer counseling agency before? Did they really help you? Were you able to lower your payments and finance charges? What was the name of company and your feelings on it..thanksCrystal

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