Finance & Business Question and Answers

Why have the price of gas increased but the price of motor grease have stayed relatively one and the same?

Question:The other day I be buying motor oil at wal-mart for my regular 3000 mile grease change and realize that the price of gas has gone up, however the price of a quart of motor oil have stayed relatively the same, possibly a few cent difference over the past few years. At the rate that gas have gone up, shouldn't motor oil be close to $12.00 a quart? Don't they both come from that $78 butt of crude oil?

Answers:
A lot of the increase surrounded by gas prices comes from the bottleneck in the refining system contained by the US. Refineries are running at essentially full capacity, so the prices of significantly refined gasoline coming out of the refinery are propped up - supply and demand. The bottleneck creates an artificial spike within pump prices. The bad communication is that no new refinery will be built any time soon, and expansions of present refineries are extremely expensive.

Evidently, at hand used to be a large outlet between the price of synthetic oil and the price of petroleum, but the fracture has narrowed due to the runup contained by oil prices.

Other Answers:
Gasoline have to be refined much more than motor grease. But still it's a good interview.

We frequently lay down in 55 gal. drums of grease for our business, and I'll tell you that the price have most certainly gone up! Raised $40 a drum contained by the past 3 months, $30 a drum 3 months prior.
Source(s):
business deal with prices of grease at work Not necessarily. Now a days you get complete synthetic motor grease as well which does not come from the crude grease. Even the ones that come from crude oil are not purely from crude grease as they are mixed (base) with lot of synthetic substance before its usable.
Second you already know the consumption of gasoline v/s motor grease. so its plain demand v/s supply and hence the price.




When applying for a business loan should you use your ein or your ssn?

Question:And same question for first performance a business/merchant account next to your bank should you use your ein or your ssn?

Answers:
There are around 100 reasons why you will inevitability both.

I am assuming that you probably don't have a problem giving the EIN but don't consistency comfortable giving your SSN.

If a bank is going to bestow someone a business loan, they are going to do a credit and background check on that character to assure they are not taking on too much risk. Your SSN is needed to do this. There's really no other way to run about it.

For a merchant information, all applicants entail to provide an SSN. Even a C-Corp needs to provide an SSN of one of its officer. It is checked against the MasterCard MATCH file of terminated merchants and would be added if you become a terminated merchant. Without a MATCH check, MC does not allow anyone to process cards.

Other Answers:
You definitely want the business to be responsible for it, so use EIN.

Otherwise any problems next to the loan will reflect on your personal credit and your assets might draw from involved in casing of default (not that it will happen).


Money information?

Question:How long does it take for one to clear? I've never have to wait for a postal MO to "clear", but I not long paid for a correspondence order item near a MO I purchased at my local grocery & the company I sent it to won't send me my stuff until it "clears", and that's be 3 weeks ago! What's up with that?

Answers:
MO should be instant. I be going to someone paid bread to get it so I don't see why theres a waiting interval for one to clear. bogus if you ask me.

Other Answers:
i AGREE, MONEY ORDERS ARE A SURE THING THEY SHOULD NOT HAVE TO WAIT FOR THAT. SOMETHING SOUNDS FUNNY HERE.


can anyone tel me the typical date for summer holiday by country within Europe? Thanks! Robert?

Question:

Answers:
In England it's the first 2 weeks of July & in Greece it's the first 2 week of August.

Other Answers:
Any one can....but you would own to check their answers. Better to consult an expert.
In Romania summer holiday starts in 15 june till 15 septemer...
England, finish of July to 5th September or thereabouts.
Source(s):
Someone with a kid at institution.
The school holiday date are totally different to America.
In the summer break when you go up a position in the U.K it's 6 weeks long but we enjoy half occupancy breaks, easter breaks etc and various days rotten throughout the year.
We just don't own a few months off contained by summer like they do surrounded by the U.S
Well in Italy it is specifically August, cities are dead, everyone's on the coast in the South, in a foreign country or in Genova to read aloud the least...

Now I live surrounded by Germany, I do not know, people seem to be to take summer holidays contained by the Spring or late summer, to retrieve money. Germans are very enormously practical.

Hope this is what you were asking. If you penny-pinching PRECISE dates, typically the Friday before August starts is when everyone get going and there are traffic jam. Generally, it is a two week holiday.
Source(s):
Personal experience


If Government have power to print currency at it's command afterwards why are countries poor or rich ?

Question:I know it lead to rise surrounded by Inflation but i never got a conventional answer.Can some explain via example

Answers:
Make it really simple, like a group of 10 society wanting to buy a piece of food. If one person have ten units of currency and the others have one each, later that person could outbid the others for the food (say by bidding 2 units). But if the other nine go and printed themselves another nine units respectively, then if they adjectives still wanted it, they'd hold to bid all their unit for it and more.
Therefore, the price of the food would go up incredibly. Then the people's wages would have to increase, too, or extremely soon they wouldn't be able to afford any more. Etc.
I suppose, also, the wealthiest family would have access to the printing of the money unit, so they'd make sure they still printed themselves more than anyone else, or they'd enjoy already invested their initial income in things approaching property to ensure they were never as equal as others.
It's a shame, though. Capitalism is appalling. Hopefully someone will work out some other path that equalises people more more or less. One day...

Other Answers:
If government gave as much money out to the ancestors as they wanted, it would be worthless!

take Germany right formerly world warII, when they printed so much money, the price of goods skyrocketed, a loaf of bread cost thousands of their currency. A distinguished Tome called "The Wealth of Nations" could oblige.

Essentially the wealth of a nation comes down to what it can produce versus what it consumes. Right Now nation in the Middle East export immense quantities of Oil that they pump out of the ground. Since other nation need the grease, the exporting country gets comfortable circumstances in return, usually surrounded by the form of money. If the nation that needs the grease prints more money to pay for the grease, usually resulting from a loan, then it's pro is diluted. If this is done too much, then the currency loses merit and prices get inflated.


There are plenty of people within poor countries with edge notes next to very sizeable numbers on them. The problem is, the money is worthless. Printing currency doesn't make you rich unless you can buy things beside it.

For example, lets read aloud that our poor country decides to print plenty money to allow everyone to buy a of of bread every day. Currently a loaf of bread costs 10 pence. There's lots of extra money around so adjectives the bread sellers put up their price to 15 pence. The population could be call rich because they all own an extra 5 pence but most people would consider them poor because they still can't afford any bread.

So yes, it's inflation. The currency have just as much worth as the article on which it's printed. The worth is determined by its collateral. The federal reserve has the gold ingots to back up the money. Remember Die Hard With A Vengeance? That gold ingots is what drives the value of the almighty dollar. Without it, you could merely use your dollar bills for origami.




could you communicate me where on earth i can capture a us guard rationalization for getting fund from paypal?

Question:i am a malaysian,due to paypal policies,i cant withdraw my fund to local edge account or even by check,so i entail a us bank picture for getting my fund from paypal.please help me within this issue.thank you

Answers:
You may ask for a check, but it will cost you $15 extra.also you cannot widthdraw more than 100$ per month ( max of $500) if you have participate in the vrrification process which involves to enjoy eithr a US a/c or a Credit Card.

Actually, I am also facing the exact problem.

Other Answers:
I dont know. why r u asking me u idiot?


If a cheque turns out to be forged how long would the subject be liable to earnings backbone funds to the mound?

Question:My partner may be the victim of fraud. He received a cheque for stuff supplied and paid it into his guard account on the 15th June 2006. So far, no problem, funds hold cleared and most have be used for other purposes but he has origin to believe that the customer who supplied the cheque is suspect. He has be unable to contact them and can find no trace of them. How long would he remain liable if the cheque be stolen or forged? He has no funds and is worried that the bank would emergency all the money, that he have spent believing the funds were cleared and legal, immediately. He have reported his suspicions to the police but they say they are incompetent to give guidance on these matter. Is there anything that can be done to aid him if he has be victimised? Many thanks to adjectives for giving my questions consideration whether or not you are competent to help.

Answers:
I don't the the cross-examine is about criminal liability although clearly if it be percieved you were involved contained by the fraud knowingly you could facade charges.

The money can be taken back from your rationalization at any point, as it may go several weeks / months back the cheque is discovered to be counterfeit. (i.e. whenever the account holder get his statement and spots it, rings the bank and they trace the information into which it was compensated from the document handler line on the back). At that point you will lose the money!

Most of the Banks are astute to the number of forgeries out there, as are companies within the IT sector receiving hulking orders from Nigerian businessman, who after pay near a UK cheque!

If ever in doubt bring your bank to check it out for you. They are your best hope.

Other Answers:
I don't reflect on he is liable. This just surface at my company. An employee be forging company checks, he got 5 years. But, you said your friend didn't know the money be stolen? How is that against the law? There have to be intent...


Why do companies overstaff and consent to righteous workforce stagnate and have a feeling useless?

Question:

Answers:
WOW. I haven'ty seen anything similar to that in the USA for 30 years, you must not live contained by the Midwest because everythging there is CUT CUT and when adjectives else fails cut again. Most companies in a minute have core layoffs in layer of 2 to 4 years. Maybe you don't live in the U.S.

Other Answers:
Sometimes they trade name a mistake and hire to many those. Why do they keep them, because they want to form sure you have a assignment and money.


I would resembling to setup a simple trust for four children to back them move about to college?

Question:I would like to catch a copy of a simple trust agreement.

Answers:
A simple trust might not be the best way to shift.

Trusts are taxed at complex rates than people beside fewer exemptions (gross oversimplification but it's true) -- I'm an IRS phone rep and know from whence I speak.

Trusts require professional trustees and advisors and those ain't cheep!

And if these "kids" are (old plenty to be your grand)kids, you could get gouge with generation-skipping levy!

Have you talked beside your financial advisor? Many states offer prepaid tuition bonds and instruments that store up value charge free.

Also if kids are young you might want to set up hill accounts for each of them individually. Teach them the importance of saving while you assistance them reach their goal.

And one last -- most major thought -- If you invest in political affairs instruments that accumulate duty free interest, you can use the proceeds to pay your four kids' tuition minus (Federal) tax -- provided you recompense the college directly.

Good luck, Cincypix

Other Answers:
is this a question or a statement?


Importance of large work standards ?

Question:Why is it important to set glorious standards for your work and how to set these standards ?

Answers:
It is important, because a business wishes to succeed. In order to own success you own to have, demand and standards. Business is like energy; there are other going to be laws to follow.
If you manufacture high standards your company will be successful. If nearby is no order within your business, consumers see that. How can they trust a business that's in total din all the time?
You hold to implement standards. Set them by attendance, appearance, proper communication, and safety. You hold to have policies;sexual stalking, company time, stealing, etc. Make rule and people will listen. Good Luck!

Other Answers:
standards are set not by expectation, but by example. you can describe a group of people to do like job but short a set standard, people will do anything they please in doesn`t matter what fashion they please. here will always be that individual who exceeds expectations and perform above and beyond expectations bcuz that's the way they are. in need high standards here are low standards. in a biz environment, low standards let go you crap. and you won't have to verbs about person in biz for long. next to high standards you can expect a absolute level of acting out regularly. without it praise and suitable work would be few and far between.


The Importance of Communication?

Question:Why is it important to save other people informed almost progress ?

Answers:
I hope you mean contained by a business context because that's how I am going to answer. People need to be informed of progress to gross intelligent decisions respecting potential investment into income markets/equities.

Example: Oil companies report on drilling so that determination of reserves and possible renewed supplies can be made which in turn assist within evaluating the company doing the drilling by allowing them to restate their reserves. Usually when a well hits the company stock will rise surrounded by value as a resuld of those increased reserves.

Example: Drug companies other talk something like where they are within clinical trials. By doing that investors have an opinion what new products to expect and can more intelligently determine weather the company is going within the right direction or not than invest accordingly. When a drug have a successful testing series through the FDA and is approved than the company stock will roughly benefit.

Other Answers:
no one wishes to be left out. also, you don't want to be the creature the boss points out to update them on the progress of somthing and not know what the hell is giong on. speed is key. the quicker something is done, roughly, the better. when things reach a spot on point, some people must step surrounded by and others step out. sometimes changes stipulation to be made or approvals need made. minus constant updates, people are lost, customer service would be nonexistent and lots of customers would be really pissed bad.

Knowledge is power. The more culture know, the more power they can believe they have.

I look at it this process:
Knowledge is power, but power corupts, and coruption is a crime, and crime doesn't pay. So, seize stupid before you step broke. so everyone is one the same page. They adjectives know what they are suppose to do and their part surrounded by the group. If someone asks them a question (a boss for example) later they are giving factual information instead of chitchat out of their butt and not really knowing what goes on. The more everyone know, the more involved they are the more progress can be made in a shorter amount of time and the happier the group.




After Work Hours Team Building Event?

Question:My boss wants me to attend an after work hours "troop night out." I don't want to be in motion. Should I? My view is that when work is over, I'm finished beside work socializing. I have no desire to carry to know any of my co-workers beyond what I need to know to work near them in the organization.

Not sure if I'm somehow obligated in any style to attend such a thing. Please lend a hand.

Thanks.

Answers:
These off-hours, "team-building" exercises are a horrific product of new approaches to direction. And I, for one, agree with your initial response. My landscape is that if my company wants me some place, they should earnings me for my time. Otherwise, they are a burden to employees.

If it is, however, a one-and-done accord then you should do it. Your presence/absence will be remembered when it comes time for raise, promotions, and/or layoffs. You don't want to be different, and you don't want this to be an issue.

If this will be a continuing or regular fact then supply some thought as to whether you are working in the right place.

Other Answers:
If you with the sole purpose do the things you are obligated to do, you can plan on working for wages the rest of your life my friend.

Totally depends on how long you expect to work at the company, how badly you want to move up, what charitable of relationship you want to have next to your boss.

If I had planned an event and someone give me a weak excuse to skip it, it may simply disappoint me the first time. If it happen again, it would be clear that the person be only within for a paycheck.

If you're only within for a paycheck, skip it.




Planning & Accountability surrounded by the business world ?

Question:Why is it important to plan your work and be adjectives to others ?

Answers:
without plans, direction cannot be ascertained. are you doing what you're supposed to? are you where on earth you want to be? How well are you doing? It would be resembling having 20 chickens near their heads cut past its sell-by date running around doing something on your dime. much like the feeble adage goes, you can't know where on earth you're going if you don't know where you've be. planning your work gives you a timeline on when dependable things need practised and when different stages of the plan are complete, need to be completed and so on. accountablilty is knob in identify either strengths or weakness in your corporation, plan or overall business regulation. if everyone did their job anonymously and the plan go awry or failed, where on earth would you be able to pick out the glitch? who did it? why did it happen? from that you can cram what went wrong and fix it so it doesn't crop up next. and, as you would expect, fire whoever screwed up.


Job-shadowing for 9th graders .. What is appropriate ?

Question:I work in a Business Development enclosed space, and a number of 9th graders will be participating through a complete daytime to learn more give or take a few Business Development careers .. What type of erudition and activities are appropriate and not too complex.

Answers:
Let them do background entry all afternoon long, but don't save their stuff.


why cant bank freshly sort nearby own credit cards, why do they inevitability VISA or MC?

Question:

Answers:
Because they would need to support their own recompense network. Visa, MC, etc. provide a exchange cards that is immobilize and can handle huge amounts of transactions. It would bring a huge investment to create new ones and next you have to convince businesses to support the foreign network. Its too much work for the average edge.

Other Answers:
Visa and MasterCard have agreements next to Millions of merchants to accept their card. A dune (or a department store) could make their own card, but they would hold to get agreements from adjectives those merchants.
Actually, Visa and MC were started by bank and are still majority owned by banks...
Source(s):
check out wikipedia and use the rummage through words master card and visa. Interesting stuff actually :P


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