NYC or Plattsburgh??
I have to craft a decision really SOON. (Like yesterday) About going away to an surrounded by state school (SUNY Plattsburgh) or staying and going to The City College of New York . I really want to step but if I stay at city college i can graduate with a B.A. surrounded by Communications and owe $0.00 in loans. If i turn away I'll owe about $16,000 after earn my B.A. in Public Relations.Should i be in motion? I already have an A.A.S. Degree from New York City College of Tech, surrounded by art and Advertising design. So I'll just be within Plattsburgh for an additional 2 years.
What should I do?? Is Going away to college really that big of business deal.?
Answers: Well, depends on if you'll be making enough to retribution the $16,000 off when you're done next to college.
SUNY is better. But the City College is the best out of all CUNY school. And you'll be getting a free ride.
Plus, taking loans are pretty risky these days. So, unless you're sure that you're going to be capable of handle yourself near having to money off $16,000 after you graduate; I'd articulate: Go for it.
Weigh your options.
what job/career are you aiming for?
catch the degree and college that moves you in the direction you want to shift, not necessarily the one that is cheaper.
Accounting request for information?
To start a business the owner invested 100,000 of their own money and then took a loan from the dune for 100,00 they had a bunch of expenses which be 162,000 leaving their lattice income being 38,000 if i be their banker would i congratulate them on their web income or advise them to consider the net incomeAnswers: This is NOT web income. This is owner's equity and liabilities. These two items do not show up on a Net Income report. It shows the utility of your business. Just like surrounded by the basic accounting equaition: Assets = Owners Eq. + Liabilities. That system your business was worth $200K, but if you spent it on disposable items, your business is immediately worth $38K. A banker would not congratulate you on this.
Hope this help.
If you were their investor you should advise them that they own zero income, so far.
The first $100,000 is categorized as "owner's equity," and the loan from the ridge is just that - a debt. "Income" comes from running a profitable business, not by investing your own money and getting edge loans.
Not enough information.
They don't hold net income of 38,000 if they have expenses of 162,000, unless they paid spinal column the entire loan. Assuming they didn't, they should make loan payments and show a loss, resulting contained by less toll debt.
Or something like that.
But really, I would enjoy to see all of paperwork. It is good that they didn't spend the $38,000 of the loan, but until it have been salaried back, it is simply working funds, not net income.
I would recommend them to reevaluate their net income digit. Their original investment and the loan from the dune are NOT income. If they spent 162k we need to know what their sale figures be in command to calculate their income or loss.
How does 401k match work?
I am about to work for a company that provides a company contest on the first 5% of pay contributed-and that clash is immediately vested. I am wondering what that method, for example if I put $100 in my 401K will the company meeting $5?Answers: In your question the company would put contained by $100 (as long as that wasn't more than 5% of your pay).
They would match every dollar you put contained by with a dollar of theirs until you reach 5% of your pay.
Let's influence you make $50,000. You put aside 5% which is $2500 (in a year), the company will put $2500 in your commentary for you over the year. The money the company puts in does not count towards the $15,500 restraint on 401(k) contributions for the year.
Make sure the match is 100%, freshly so you know what you're getting into, but yes, that is largely how that works!!
good luck!
You stipulation to find out the amount of the match--it's more common to take 50% match on the first 5% you put within. So for if you make $10,000, you can put contained by up to $500 and they would put in partially again or $250.
You also need to be aware of the vesting calendar. If you quit or get fired formerly 5 years are up, you won't get any of the clash.