East Bay Business Daily

Assets Knowledge Base

assets???? what is the best asset (features of the body and personality) in a guy?
What capital assets should be migrated to our new accounting system? We are changing accounting systems and we have a lot of fixed assets some of which have been fully depreciated in years prior. With our new system I would have to enter the fixed asset information in manually. I would like to know if I need to enter all of the fixed asset entries, or only those that have not been fully depreciated. Any information would be appreciated.
What is your analysis of net tangible assets as a fundamental criteria? I am looking at a stock which has the most impressive earnings growth I have seen in a long time. However, it has negative net tangible assets, and it has been constantly growing worse. I don't really understand this, since total assets have been growing over total liabilities, and simultaneously total current assets have been growing over total current liabilities (assets have always been more). What does this mean to me?
Can anyone explain the difference between working capital and net assets? Just say I am starting a new business, it is the end of my first week and I have to draw up my fixed assets, current assets less liabilities,my working capital would be fixed assets less liabilities what would my net assets be for that week? What exactly is the differnce between working capital and net assets applied to the first week. Am desperate help appreciated. Thanks :-)
what are the current assets and current liabilities of a bank? I want to calculate liquidity ratios for a bank and for that I need to know the current assets and current liabilities. How do i pick out the current assets and liabilities from the bank's balance sheet? Please help!
How do you do the accounting for fixed assets purchased in a foreign currency? When a company purchases fixed assets in a foreign currency, do they value the fixed asset back into the USD amount at the date the asset was acquired or what? The asset is being carried on the foreign subsidiary's books at the amount in Japanese yen. I'm a little confused about this. Can someone provide details, or provide a source where I can find good information on this topic? Thanks.
How to protect my assets from a deficiency judgement? Once a deficiency judgement is issued, what measures will the lender go to in order to determine my assets? What do I need to do to effectively "hide'" MY ASSETS?
Does putting assets in a Revocable Living Trust allow a Senior to qualify for Medicare? This is for a senior who wants to leave her assets to her grandaughter but she won't have anything left to leave if she continues to have to pay all her medical expenses. She is in her 80s.
What is the tax treatment for liquid corporate assets upon the end/retirement of a business? The business is a CCPC (Canadian-Controlled Private Corporation) and the owner will be ending the business due to retirement. There are some liquid corporate assets that exist within the corporation. Is the only option to cash out all the assets at once and take a huge tax hit, or may the owner keep the corporation running and take out liquid assets each year to cover living expenses (thus not taking as much of a tax hit)? Any links to information would be much appreciated.
What is the difference between short and long term assets in a business plan? In reviewing a business plan; what is the difference between long-term and short-term assets as it relates to start-up costs. As an example: Counters, Refrigerators (Long-Term assets) - However, Lighting and Tables (Short-term assets). What is the difference?
Can real human assets be successfully transferred from one person to another? Can assets that are real really be transferred from person to person like commodities? Would the recipient in the exchange get something that is real from the transaction? Does the notion not remind you of the theory of inheritance of acquired characteristics that at one time was advocated by Lamarck? In other words, can someone who has worked hard to learn a discipline or a skill have the product of this effort handed over to someone else who just passively acquires it? Does it make sense?
How do we transfer (Accounting) fixed assets and inventory from one corporation to a new corporation? I am closing one corp to open 3 new corporations and need to transfer all the assets to one company. We plan to borrow against the assets/inventory to raise capital for the company.
How are coins assets on the federal reserves balance sheet? I read on the internet they are listed as assets and cash is listed as a liability. Looking for some insight on this. Thank you.
How to determine which assets are liquidated the quickest? like intangible assets, property, short term investments, and long term debt. wat about accounts receivable? Which are liquidated the quickest? Is there a way to know?
With the Fed dumping assets off its balance sheet in a reverse repo agreement, what does this do to economy? I hear that the Fed is entering in a reverse repo agreement with banks by selling assets to banks and agreeing to buy back in the future at cost plus interest. What exactly does this do to the economy. I know that it drains money from the economy, but what does this do toward inflation among other things? I just want to know the ramification of this "draining the pool" approach.
What happens to marital assets when a man gets incarcerated while still legally married but seperated? Say the couple is legally married but were seperated from each other because of difference and the women was seeing another man... The husband gets incarcerated so then what happens to all the marrital assets since the husband has no say since he is in prison.
How will leasing as opposed to buying capital assets improve or weaken a firms financial statements? How will leasing as opposed to buying capital assets improve or weaken a firms financial statements? Is there a recommended preference for particular industries in reference to the lease or buy decision? Where can I look to find a leased assets lease amount on financial statements?
What would happen to you, when Govt. will take over all assets of a dead person like a tax for redistibution? Unearned assets which are received in inheritance after death of any relation widen the asset disparity. Corruption will also decrease when one knows that why to collect unreasonable assets when it will be taken by Govt. Your reaction on feasibility of such kind of radicalism? Estates should be only for life estates, not in perpetuity. Because of perpetuity one wish to enjoy at the cost of others who are being deprived even to get their basic need satiated.
How can I protect my assets if I were to have extended nursing home care? I'm looking for information of protecting my family's assets should I be admitted to a nursing home for an extended period of time. Where can I find information on this? Thank you!
How do I protect my assets from child support? I pay my payments,regularly.She is going to take me back to court to increase the payments.I now have land and other assets.How can I protect these from any legal action?
What happens to a persons assets and investments if he gets deported? He lived in the US as a permentant resident since he was a child. He got convicted with a crime when he was in his adolencent years. Ever since that one conviction he has been a hardworking resident for 13 years and have no problems with the law. Now he has grown up and matured and successful tax paying business man. Should he get deported and separated from his family? Also what happens to the persons assets and investments?
How should I protect my assets from collectors and potential lawsuits? I have a business which has been established in my own name as a sole proprietorship. Now due to problems with the business itself, I am worried that important assets like transportation and housing might be collected from under my nose. What steps can I take to prevent this from happening? I have considered setting up a trust or a private holding company besides just incorporating. Legally, what are the best options?
What is the debt to total assets average ratio for the application software industry? I need to compare Microsift's debt to assets ratio with the industry's average.
What kind of assets can I buy that will give me positive income each month? I recently got my vehicles paid off and instead of getting back into bad debt I'd like to put the monthly ($900) into something that's going to generate cashflow. I'm thinking paper assets and then real estate when the market makes a rebound in the next 3-5 years. If I go with paper assets, is a discount broker like eTrade or ScottsTrade better than your typical broker who charges an arm and maybe your first born child for the price of managing and commissions? Where should I start?
How do I find out what assets someone has? I live in Canada and am trying to sue a guy for commissions not paid. The problem is that I don't know if he has any assets I can put a lien on when I win my case.
I need to reduce my Moms assets in case she needs to go to nursing home? My mom has a little savings and owns her own home. What do I need to do to reduce her assets so that she will qualify for finacial aid for nursing home care. If I transfer any money to me, how will that affect my tax libility.
What is a good percentage of debt to total assets in personal finance? I think that I would feel comfortable to have 30% of my assets in debt, but I never had debt before, so I am not sure about that. For instance, if my total assets are $100,000, then I would feel confident in getting $30,000 in debt.
How important are human assets vs. technology assets in a technology industry acquisition? What human assets are important to keep and which ones may be redundant?
What happens to the assets when you close an LLC? You ran an LLC, as founder and owner, profitably for years. Then your business interest changes. You decide to close the business (so that you can focus on your other businesses). What happens to the assets of the closing business? Do you get all assets (building, bank fund) transferred to your personal account? In such case do you pay any personal tax?
How do I locate my deceased fathers assets to open probate? My father passed away and being that he was not married and I am his son, I need to handle his accounts, and probably start probate. How do I locate his bank accounts and the balances he has in them? How do I locate any other assets he had? I do not know anything about his finances and have no idea where to even start. Thanks!
What assets could not be tapped in an automobile accident where damage is over bodily injury? I was in an automobile accident, seemed limited with little damage. Yet, the other party have hired a lawyer and my bodily injury liability is 15k/30k per incident. If the other party wants to come after my assets, are there any protected such as 401k, current auto, etc. What is the best way to protect myself? I'll probably get a lawyer soon but thought I'd ask here to get a sense of what I'm up against. Thanks for any advice from someone who might have been through similar.
What assets are most important to you personally? What assets (besides intelligence) do you have that will/do enable you to be successful?
How should we divide assets from home among our 4 children and step-children? We have a small home and want to know how most people distribute assets upon their deaths. Should 50% go to my child and the other 50% to his children to be split up three ways? Or should assets be split up equally 4 ways? Our children are all adults. We bought this home together. Thank you.
How does having ones money and assets listed in a "Trust" shield ones money from Medicaid? When an application for Medicaid is made, say for instance when one is going into a nursing home, all assets and income has to be on the application. I read that if your money and assets are in a Trust set up before the "look back period" which can be 5 years, then that money and those assets are not counted. Is this true and why?
What is the best way to file bankruptcy if you do not have assets? I have around $35k in debt. The debt is all personal debt and there are no co-signers nor assets in question. As for my personal assets, I don't believe I really have any. My car is eight years old and I live in an apartment. I was considering filing bankruptcy before I begin a new job and get better pay (therefore, they do not see a bigger paycheck and feel I can pay back my loans). So, the question is, what bankruptcy should I do if there are no assets which can be liquidated to pay back my debtors? Funny how many people jump down someone's neck when they talk about bankruptcy. I guess Enron, K-Mart and others are fine, but regular humans are not? Get a life, people...
How do I go about securing my family assets as a small business? Hi, I am wanting to start a small business in the UK but worried about my family assets(like the house, car etc) if the business failed. How can I go about securing these?
What is the difference between a retail banks assets and liabilities? Hello i am doing an assignment on Economics and the credit crunch finding it all a bit difficult and would be very greatfull if i could recieve any help on a few questions? firstly the one in the title and also: what does risk adjusted assets mean? and what if a banks capital ratio is too low? anyone who spends any time helping me is an absolute angel. i just dont know where to start
How can assets be protected from the expense of long-term health care? My mother is 75 and in declining health. She is worried about the possibility in the future of long-term health care in a nursing home taking her life savings. What is the best legal way to protect one's assets from this situation?
How do Assets Liabilities and Owner Equities affect the financial statements? How do Assets, Liabilities, and Owner Equities affect the financial statements?
How are the owner contributed assets valued and depreciated? In a single owner LLC when the owner contributes, personal assets, lets say a computer or furniture to his/her start-up, my understanding is that the journal entry is this: Assets debit $VALUE Owner contributions (equity) $VALUE What can the $VALUE be if the equipment was bought a few years ago and there is no receipt or the owner is unsure about the price paid? Who has the burden of proof and what kind of proof is needed? Secondly, can a business then depreciate or expense (through Section 179) that equipment using the $VALUE as the basis?
Is a Living Trust still important when your assets are under a loss? With the current housing bust, the main asset our house (in my name only) is losing value day by day. And I still have not signed up for a Living Trust to help transfer my assets to my wife and children. Now I'm wondering if by signing a Living Trust I'll put undue financial burden on my wife who is currently not working. Also I want to make sure the money in the Life Insurance, Savings Account,401k and the cars go to my wife if I die. Do I still need a Living Trust for these? Can I hold off on a Living Trust until my main asset gains value? What are the risks? Just clarifying ... I totally understand the benefits of a Living Trust. My question is whether I delay getting a Living Trust until my main asset really acquires some value.
How long are assets likely to be frozen by a court in a divorce case? If a couple are getting divorced and the husband's assets are frozen by the court, how long is it likely to take until everything is sorted out and a decision is made? (NB, both husband and wife are directors of the company)
What happens to your registered business assets if you discontinue your LLC? I own items that are registered under the business, however I want to breakup the LLC before selling off the assets. The asset in my case is a vehicle registered under the business. If I discontinue the LLC what happens to the vehicle registration? Please submit answers with link to something so I know where you are getting your informatoin. Thanks for the help.
Can debt collectors come after your assets if your spouse incurred the debt before you were married? My fiance has a debt collector coming after her pretty aggressively and in not the most ethical way (in CA). She has a car (still paying on it) and no other assets. I own a house with more equity than here debt. Can her debt collector come after my assets once we are married?
How petty should someone be in splitting up marital assets? My ex husband thinks everything is for him. Like the boat, the tractor,tools, etc. How should I go about splitting up these types of assets.
Is it right that organized religions are allowed to own assets? They don’t pay taxes so why should they be allowed to own assets and amass wealth? I mean, sure they have bills to pay and what not, but the possessing of assets can only come after the bills have been paid, so judging by the assets many of them own, it’s obvious that many organized religions have a surplus of money. Do you think this practice should be outlawed?
We bought another company assets, however a supplier of theirs wont sell to us until liabilities are resolved? Our company recently purchased the assets of another company (not their liabilities). A supplier for the company we purchased will not sell to US however, until the liabilities of the company we purchased company are resolved (the company we purchased owes this particular supplier money). This could affect our business as the aforementioned supplier is single source to us and has been qualifed by our customer. Can this supplier legally do this to us in this situation? If not, what is the law that says so?
Is there a legal form in Oregon for discovery of assets and income in child support cases? The other parent is hiding income and assets. Is there any way to bring it to the court's attention?
What happens to your assets once married? I am getting married in July and am curious as to what happens to each of our assets once we are married. I own a condo that is under mine and my father's names. Does my fiance automatically become a part owner once we are married, or do I need to file paperwork? I live in Wisconsin. I don't want a prenup. I want him to be a part owner. I just want to know if I need to file paperwork t add him or not.
What access to CDN assets does a US mortgage company have when a Canadian citizen defaults on a US mortgage? We own a property in Florida that unfortunately does not make financial sense to try to keep. We will likely walk away from the house and default on the mortgage. What access will the mortgage company have to my assets here in Canada, and what are the possible repercussions? Thanks very much.
What is the best format for fixed assets classification? What is the format of Register for entry of fixed assets in the register? What are the account heads uder fixed assets?
What are the requirements to work for Targets Assets Protection? Im interested in this job but i dont know what the requirments are. Im 19, i go to college and my major is administraion of justice. I only have volunteer work experince. Plus i have an active Security guard liscence. Please dont refer the target website because it doesn't tell you the requirements. I am not interested in the front door receipt checker job because its pointless. What are the chances i will get to work as an assets protection undercover agent? Anyone who works for targets assets protection or at target even people who have knowledge about this please help. Thanks
Why did a influential person lose the incentive to cast private assets for society in the ancient Rome? In ancient Rome an influential person like Caesar had the incentive to cast private assets and restore a public facility like bridges, but such a kind of incentive was getting disappeared as the history of the empire advanced. Why was it like that ?
What would net income and return on assets be for the year? Database Systems is considering expansion into a new product line Assets to support expansion will cost $500,000. It is estimated that Database can generate $1,200,000 in annual sales, with a 6 percent profit margin. What would net income and return on assets (investment) be for the year?
What happens to all your assets and properties when you die? In california if you die without a valid will, what will happen to all you r assets, money & properties?
Can a gift be considered transfer of assets and disqualify someone for Medicaid? My Grandfather-in-law wants to give us a gift for the down payment to purchase our first home (the gift would be under $10,000). However, he is 82 years old and we are concerned that this may be considered a "transfer of assets". Could this gift keep him from qualifying for Medicaid if he needs to go into a nursing home?
What are some great ways to shelter assets in the event of hyper inflation? In thinking back to the days of the Weimar Republic, which investors hedged the best against the inflation of that era to best protect their assets and income?
What is the liquidity of the following assets? List them in decreasing order. (Most liquid to least liquid) a) gold bars, b) A portfolio of diversified stocks c) checking account d) a house e) certificate of deposit f) savings account. If you think any assets are equal liquidity, please explain why. Which of the about would be the WORST store of value? Why?
How do I account for depreciation of fixed assets in subsequent years? I am using the straight line method and have accounted for the depreciation in the profit and loss account as well as the balance sheet, however, it still leaves my balance sheet unequal. I think it has something to do with the cash flow forecast. Do I have to list the fixed assets as an expense every year?
what type of assets and liabilities does money market mutual funds have? I don't understand what would the assets and liabilities of money markets mutual funds would be, can someone try to explain me this. would the assets be the selling of shares to individuals so they get diversified portfolios? but what would liabilities be?
What would the distribution of assets be for a couple who married for just a month and split in the UK? There are no children involved and the girl is a foriegn citizen who came over on a spouse visa. It looks as though she used him to get into the country and now wants his assets. It looks as though he's been done over. What might happen judging from previous similar cases?
What's the best way for me to legally protect my assets from future lawsuits? Recently I inherited a house and some very nice tangible items. I already have a small portfolio of investments and an IRA w/ the company I work for. Unfortunately, I believe there is a high likelihood of me being sued sometime in the future for something that happened many years ago. I don't make much money and I want to keep these assets from being taken from me. What are the best options for me right now?
What is better to pay taxes on, income, inventory or buy assets? If I had $10,000 in income at the end of a year, which would be wiser to do. (1) Purchase more inventory and if so, would I have to pay taxes on that? (2) Pay taxes on the income. (3) Purchase assets? This is based on a company in Florida which buys and resales merchandise that is shipped mostly out of state.
What happens to a couples' assets after a divorce by law? Do the assets have to divided 50/50? Do the laws vary by state? Doe the husband also have to support the children after a divorce?
Can feminists use their best assets to promote the cause of feminism? I have a great bod and great hair. I use these assets to promote the idea that women can be strong and self suficient. I see nothing wrong with that, do you?
How can I prepare the Balance Sheet for an organization which has only cash as assets? I'm preparing financial reports for a very simple language training Sunday school. This organization only has cash as their assets, and doesn't have any liabilities. Therefore, at their Balance Sheet, there are only 2 lines: Assets and Equity. Is that correct? It looks weird. Thanks in advance.
What happens to an elderly person in a nursing home after all of their money and assets are gone? Assume that the person has a chronic condition and requires living assistance, and no relatives are willing or able to take over the responsibility. Further assume that their bank accounts have already been drained to pay for the nursing home, and any assets they had (e.g., a house) have also been sold. The only income they have is the <$1,000 social security stipend every month. What happens in this kind of situation?
Marital Settlement Agreement? How can I specify that all assets acquired after agreement shall not be divided? My husband and I are separating, not getting divorced (at least not now). I would like to have a contract stating that we have decided to separate, and that any and all money and assets acquired, after our decision to separate, shall remain solely of the party that acquired the money or assets. Would this be a marital settlement agreement? Do I need to add a specific clause? Or would it be another type of agreement? Thank you.
What specifically are some examples of assets that I can buy or create with little to no money? I've heard you can buy raw land or real estate property with no start-up money. What are some other examples that follow this trend? Or at least list some assets that generate extra money for you. Thanks
If my home is in default, might it be purchased and the loan renegotiated under the toxic assets program? At what point does my bad mortgage become a toxic asset and is there anything in the toxic assets program that might help a homeowner or is it only about helping banks get the bad assets off the books? In other words, must the houses already be foreclosed? What will the purchasers of toxic assets do with the assets they buy?
What is the best way to show fixed assets on balance sheets? and why? is it the best way to show fixed assets less the estimated depreciation? or writing directly the value after depreciation?
What would net income and return on assets (investment) be for the year? Database Systems is considering expansion into a new product line. Assets to support expansion will cost $500,000. It is estimated that Database can generate $1,200,000 in annual sales, with a 6 percent profit margin. What would net income and return on assets (investment) be for the year?
What are the assets that you use to pay with in BANKRUPTCY? In what I read on the government (UK) website it said that there will be assets - non essential things - but not things like clothes, tools for work... What will be used then?
What items in addition to cost may be added to the acquisition of the following plant assets land, machinery a? What items in addition to cost may be added to the acquisition of the following plant assets: land, machinery and equipment, and buildings? In your opinion, what accounting challenges might these pose?
What is servicing of assets and liabilities? Please could you give me an example of when an entity is a party to a servicing contract to service financial assets & financial liability?
How much of total assets can an average doctor accumulate after 15 years of practice?after 20 years? How much of total assets can an average doctor(general practitioner working on a hospital) accumulate after 15 years of practice?after 20 years? Given that this doctor lives a simple life without much spending but more on saving and investing for the rest of his practice... How about when the doctor is an oncologist?
What do you mean by the terms "assets under custody" and "assets under management" ? What do you mean by the financial terms "assets under custody" and "assets under management" ? What would be the difference between the two?
Living wills protect your assets if you are in nursing care? Does a living will protect your assets if you are in a nursing home? Is the nursing home in charge of the patient's living will? Should the will be turned into a irrevocable trust to save assets? Will another person need to be named? Thanks for all constructive answers.
how can I create a Financial Model for financial assets allocation? I am trying to make financial assets allocation model. in other words , I want to construct a financial model , for allocating of financial assets. how can I do that? what is its process ?
Should all receivables be treated as assets and all payables be treated as libilities? You are an employee of a Wealth Management consultancy. As your first accounting assignment for the consultancy, you are auditing the chart of accounts for a client. You notice that all receivables are treated as assets and all payables as liability in the chart of accounts. Is this correct? Explain your answer.
How does the cost of investing in foreign assets affect the extent? The complete question is "how does the cost of investing in foreign assets affect the extent to which international diversification is employed?"
How much of Californians' retirement assets are tied up in their homes? I would like to find the breakdown of retirement assets among California residents (specifically homeowners) among the following types of assets: primary residence, stocks and other investments, cash. Can anyone point me to a reliable source? Thank you
What happens if I don't declaire all my assets in the financial aid application for college admission? I'm just curious to see what might happen if I don't tell exactly how many assets I own. I mean, could the college find out? I'm an international student. The FAFSA doesn't apply to me.
How do companies build cash reserves for paying back bonds on their maturity date or to replace assets? Hello, Do companies actualy build cash reserves for the above ? Do they build up cash equivalent to the amortisation charges in the case of assets? If so, where are these reserves shown? In the balance sheet? Under which denotation? Reserves? How can one see if a company has enough money set aside to plan for such events? Thanks!
what are cheap assets I can buy that give me a monthly income? Are there any assets i can buy in the $1-$10,000 range that will give me a monthly income (anywhere from $1-anything) and that require very little maintence. I would like to start investing my money in things that will pay me back, I know real Estate is good but I don't have enough money for that. Is there anything else?
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