Archive for October 7th, 2007

SAP says to purchase Business Objects for $6.8 bln

Sunday, October 7th, 2007

FRANKFURT - SAP has agreed to purchase software group Business Objects for 42 euros per share in cash, valuing the transaction, its largegest-ever acquisition, at just over $6.8 billion.

Open Question: What formula would I use for the following problem?

Sunday, October 7th, 2007

A principal of $5000 was invested in a savings account for 4 years. If the interest earned for the period was $400, what was the interest rate?

Open Question: How can I protect my estate, when I was just placed in a nursing home using medicaid and medicare?

Sunday, October 7th, 2007

I have a home and a trust fund, that I want to leave untouched that my late husband left me, I am scared the government will take it all after my time is up on my medicare. Is there anything I can do…..

Open Question: Can you help me with a finance question?

Sunday, October 7th, 2007

Assume that the risk free rate increases. What impact would this have on the cost of debt? What impact would it have on the cost of equity?

Open Question: Does it cost money to shift funds around in a 401k portfolio?

Sunday, October 7th, 2007

A couple times I shifted around the portfolio “pie” making a few pie pieces larger and a few smaller. Does it cost money to do this or should I just leave them as they are?
PS: I have Citistreet

Open Question: Can my kids under 18 open their own high-yield on line savings accounts?

Sunday, October 7th, 2007

I was going to setup on line savings accounts for each of my 3 kids, but when trying iGoBanking and a few others, the applications won't go thru or require a drivers license, etc. I even tried me as a joint applicant and it didn't work. Other options vs me opening 3 accounts in my name?

Open Question: need help with bankruptcy 13 -?

Sunday, October 7th, 2007

ex is filing for bankruptcy 13.

wants me to sign a fewthing that says child support is not included in his bankruptcy 13.

what are the pros and cons for signing this for me?

Please don't tell me to bring it to a lawyer - he needs it tonight.

Open Question: What are the total expences after the adjustments from the entries below?

Sunday, October 7th, 2007

Slater Photography account balances at 12/31, 20×4, before recording adjusting entries:
cash $26,667 debit
prepaid insurance $450 debit
film on hand $250 debit
cameras $20,000 debit
accumulated depreciation - cameras $3,667 credit
accounts payable $7000 credit
unearned revenue $5,700 credit
note payable $3000 credit
capital stock $1000 credit
retained earnings $5800 credit
dividends $1200 debit
revenue $28000 credit
utilities expense $3200 debit
salaries expense $2400 debit
insurance policy is dated 12/1; the monthly insurance is $50.
film on hand on 12/31, 20×4, was $180
cameras were purchased on 1/1; 20×4. with an estimated life of 5 years.
the balance in unearned revenue is $2000.
interest owed by not paid on the note was $30.
salaries owed but not paid at 12/31 were $2000.