What happens if I cash a cashiers check at a check cashing company and later the check bouces?
Q. I take a cashiers check to a check cashing company and they cash the check, only taking my id information. later that week if the check were to bounce, who is left reponsible? Does the check cashing company file it on your credit report, or just attempt to collect debt from the person whom cashed the check?
Asked by - Tue May 20 17:46:20 2008 - Other - Business & Finance - 4 Answers - 1 Comments

A. Cashiers checks don't bounce. They are just as good as cash.
Answered by SD of HB - Tue May 20 17:51:08 2008

How to cash a check we received and no longer have the business?
Q. Our business has been closed for a year now and our bank account for that business has also been closed for a year. We just received a check made out to our former business. How do we cash this since the business is no longer and the bank account is closed?
Asked by MKD - Thu Dec 3 15:43:36 2009 - Other - Business & Finance - 1 Answers - Comments

A. There are no banks that I know of that will "cash" a check that does not belong to the person or business that the check is written to.. You may be able to do something with the bank it was drawn on, but I doubt it because the bank has to contact the person who wrote the check. It's best to contact the person who wrote you the check, and ask them to write a new one in your name.
Answered by Sweat Pants - Thu Dec 3 16:00:27 2009

How many years of cash flow one should summarize to calculate value of a company?
Q. I am in process to valuate my company with purpose to sell part of it. It looks like valuation using discounted cash flows is one of best methods. What I do not understand - how many annual free cash flows (with discounts of course) should be summarized in order to determine company value?
Asked by Ivan K - Wed Jan 10 08:50:43 2007 - Investing - 2 Answers - Comments

A. Ivan, Plain and simple. Discounted cash flows are just one method of company valuation and there is no rule of thumb for its horizon. Keep in mind that there is a difference between the price of a company and the VALUE of a company. Meaning, a company may be worth 1 million in your hands and 2 million in hands of the competitors. This due to sinergies and other benefits a competitor may be able to generate. EBITDA (Earnings before interest, tax, depreciation and goodwill amortization) is the predominant measure use for valuation. Basically take your operating profit and add back your depreciation. This would equal to the cash generating capacity of the company. Let the competitors know you are selling and disclose some key information,… [cont.]
Answered by Medici - Wed Jan 10 09:39:38 2007

How much cash should I carry on an airplane? What amount of cash is safe to carry?
Q. I am going to Vegas this weekend and I am planning on carrying $800-$1,000 cash in my front jeans pocket. Do you think this is too much cash to bring?
Asked by bear 1977 - Fri Jan 21 20:21:09 2011 - Packing & Preparation - 3 Answers - Comments

A. It is not necessarily to much to carry to Vegas, but do not put it all in one place. Put smaller amounts in various places.
Answered by wardrobebycj - Fri Jan 21 20:34:20 2011

What cash proceeds did Troutman receive from issuance of the bonds?
Q. Troutman Enterprises issued 8%, 8-year, $1,000,000 par value bonds that pay interest semiannually on October 1 and April 1. The bonds are dated April 1, 2010, and are issued on that date. The discount rate of interest for such bonds on April 1, 2010, is 10%. What cash proceeds did Troutman receive from issuance of the bonds? Hint: Compute the present value of bonds.
Asked by Tara Boza - Thu May 26 17:59:40 2011 - Personal Finance - 1 Answers - Comments

How do you cash a personal check without a checking account and if the bank they use is in another state?
Q. I have a check from a friend and I need to cash it but I no longer have a checking account and the bank my friend uses is not near where I live. Is there a way to cash it somewhere else? I have tried check cashing places but they only cash payroll checks.
Asked by - Fri Mar 5 20:12:34 2010 - Personal Finance - 6 Answers - 1 Comments

A. If you have a friend who uses a bank and will go to their bank with you it's easier. Their checking account is the safety for the bank. If you check bounces they can get it from your friend. Otherwise, sometimes a bank will cash a check when you don't have an account there, but they charge for it. Just ask, can I get a check cashed here? I'm from out of state. Or out of town.
Answered by pansyblue - Fri Mar 5 20:19:42 2010

How do I get cash back at closing, when purchasing a home?
Q. How do I get cash back at closing, when purchasing a home? I am a first time buyer, and I have heard a lot about cash back @ closing, does anyone know what I need to do to get cash back to make improvements to the home?
Asked by MissNurse - Wed May 24 04:54:22 2006 - Other - Business & Finance - 3 Answers - 1 Comments

A. No No No that is not right...Here this is it... Say asking price is 130.000.00. So you ask the owner to pay all closing costs and 2 or 3 points.(dependi ng on credit) At the point of close the total cost of your loan that you sign for will be x amount 130.because they are paying your closing fees and what every you ask them too. The mortgage company already has set cost of 130. so when you sign for your mortgage the cost of those things will be credit to you. The credit is in a check.. Now, not many mortgage company's do this so shop for a mortgage company that will do 100% financing or 10% cost of loan. With your cost being from the seller.. I would not use a Realtor either...Use a broker they really have to earn your money and they… [cont.]
Answered by MissChatea - Wed May 24 21:27:45 2006

How do cash back credit card really work?
Q. I want a Chase Freedom credit card because it offers cash back and I tend to be spendy. How does cash back program really work? I mean do you have to spend a certain amount to get cash back or what's the deal?
Asked by money mike - Thu Jun 21 01:41:15 2007 - Credit - 3 Answers - Comments

A. Yes, some credit cards you earn points everytime you use it. For every $1 retail, you earn 1 point (balance transfer or direct deposit are not eligible). Sometimes you earn 1% cash back, other credit cards you may earn 5%. Each card works differently. You can only redeem points starting at 2500 points with BOA. To redeem the points for cash, just call their customer service. When you return the merchandize, the points will be deducted from your account.
Answered by Prenn - Thu Jun 21 01:52:50 2007

How to record cash short and over as a miscellaneous expense?
Q. (I know that the balance in Cash Short and Over is reported on the income statement and if the balance is insignificant, the account balance will likely be reported as part of a miscellaneous expense...) My Cash Short and Over account turned out to be insignificant, what should I do to make it a Misc. Expense on the Income Statement? ___
Asked by Krystal - Sun May 8 17:09:21 2011 - Homework Help - 1 Answers - Comments

How much cash can you put into the bank each month before you start getting taxed on it?
Q. I recently began dating someone who sends me 2 thousand dollars in cash each week to help pay for bills and expenses. I would like to put this money into my savings account, but am unsure if this is legal. Is this legal, or is there a better option i'm not considering? I would not like to have large amounts of cash sitting around, and would prefer it to be in the bank. If I put it into the bank, will I be taxed on this? And if so, after how much money deposited will I be taxed?
Asked by Benjy0620 - Mon Dec 8 17:38:59 2008 - United States - 6 Answers - Comments

A. $2,000 a week, in cash? There is something going on that you are not telling us. Anyway, there is no tax on gifts, though he will have to look at gift tax at his end. The bank might start asking questions as this raises money laundering questions.
Answered by MadMan - Mon Dec 8 22:00:26 2008

How do you sell or cash in a municipal bond?
Q. I found a municipal bond that matured in 2007 and belonged to my grandfather, worth $5,000 plus interest. Is the certificate itself worth cash? If so, how do you go about cashing it? Do I need to contact a broker? I forgot to mention that my grandfather passed away in 2006.
Asked by newtobigd78 - Tue Jul 15 19:15:46 2008 - Investing - 2 Answers - Comments

A. You have your choice - take it to a broker/dealer, or send it to the Trustee whose name appears on the front of the bond. If your going to use the Trustee, send them a copy and they will get you started. You will have to surrender the bond when all the paper work as been gathered. They will tell you what paper work you will need, and in most cases have some of it availabe )brokerage firms donot have the required documents you will need), some you will have to get from the municipality in which you grandfather died.
Answered by A nobody - Tue Jul 15 20:40:19 2008

How to determine cash flows using indirect method for operating activities?
Q. I'm working on my final and need a quick reference way of determining how to calculate cash flors from operating activies using the indirect method. Key itmes are Net income, Total Adjustments, Net cash provided by corpoations and anything else. I have a difficult time remembering what is considered under adjustments, what's net cash, etc. Is there a quickguide or suggestions someone can help me with?
Asked by deepcbabe1 - Thu Apr 30 13:45:57 2009 - Other - Business & Finance - 1 Answers - Comments

A. This is a good chapter. Scroll down to "The Indirect Method", around midway.
Answered by Sandy - Mon May 4 08:24:03 2009

What credit card currently has the best cash back rewards program?
Q. I'm looking for a cash back card. Miles, gift certificates, etc don't really interest me. I'm looking for a card to use on literally everything I buy (which I will pay off monthly so interest isn't a deciding factor) and accrue some cash back while I'm at it. Several people reccomended Chase cards because they had a 5% cash back rate on "everyday purchases", but I wasn't able to find any that had better than 3%. Are there any cards still out there with 5% or better? I've seen many similar questions to this one on here, but most of them seem dated. Any suggestions?
Asked by rob m - Sun Dec 10 14:53:12 2006 - Credit - 5 Answers - Comments

A. The rewards change from month to month for Chase cards. Last year, I got a Chase card with the 5% cash back, now it's 5% cash back for the first 12 months, then 1% cash back after that, so shop around. You can look at bankrate.com for the best deals.
Answered by Steve R - Mon Dec 11 13:28:40 2006

What are the differences between optimal cash balance and cash budget?
Q. Which is better to use among Optimal Cash Balance and cash budget?
Asked by Robelie - Wed Feb 9 19:42:48 2011 - Personal Finance - 1 Answers - Comments

A. Cash BALANCE is how much cash you have at a single point in time. Cash BUDGET is how you plan to use cash over a specific period of time. The ONLY thing they have in common is that cash is involved.
Answered by STEVEN F - Wed Feb 9 21:18:11 2011

How do the Cash for your home offers work?
Q. I'm interested in selling my house quickly that's located near Erie, PA. I've heard of the we buy your house for cash offers, but the one's I've checked into haven't actually offered cash. How do these places work & does anybody have any companies they could refer? I realize most are probably scam, as I said.. nobody has offered actual cash. If it helps.. my house is worth around 60k, I would like to sell it for 30k. Is there anything I should be looking for or asking when choosing someone? Does the price I'm asking seem reasonable? I only paid 25k through a good friend, but with life's happenings, I need to relocate to be closer to my sick mother.
Asked by eichele30 - Tue Oct 3 00:25:12 2006 - Renting & Real Estate - 4 Answers - Comments

A. They offer a price that's roughly half the value of your property, secure in the knowledge that they can sell it for more. Most of them are legitimate businesses, but they are very rarely a good idea. Unless you're at the absolute end of the trail, you can net more money selling it the normal way.
Answered by Searchlight Crusade - Tue Oct 3 00:35:18 2006

How can I take cash out of my credit card without using a cash advance?
Q. I need $3000 cash quick, and I have a $3000 credit limit but a $600 cash advance limit. I also dont wanna pay the cash advance fees?
Asked by sruly m - Mon Jul 2 13:57:07 2007 - Credit - 7 Answers - Comments

A. You can't. Even if you make a purchase and get cash back at the time of the purchase, it's considered a cash advance. Some cards waive the cash advance fee if you get it at the time of a purchase, but you still accrue intereste charges from that point. You would also not be able to get $3000 cash on a credit card with a $3000 credit limit. There is no way around that.
Answered by sortaclarksville - Mon Jul 2 14:01:15 2007

What is the difference between Farmville cash and coins?
Q. I need more cash but I keep on gaining coins! Can I somehow conver my coins to cash? And do I get more cash when I reach a certain amount of coins? And, how do you earn farm cash!? I'm very confused!
Asked by Lydz - Wed Sep 16 19:48:24 2009 - Facebook - 2 Answers - Comments

A. You get coins a lot easier. But the more experience level points you get as well as coins you get more farmville dollars. So you have to go up levels and harvest to get more cash. Here are good cheats to get more farmville cash by getting experience level points quick:
Answered by NinaR - Thu Sep 17 10:29:00 2009

How much of a cash present do you give a 1st cousin that is getting married?
Q. They have been living together for about two years and really would rather have cash. They never have directly asked for cash, but I know that is what would suit them best. So how much do we give?
Asked by Hilleriffic - Fri Jul 24 02:29:50 2009 - Weddings - 8 Answers - Comments

A. Just give as much as you can afford. When I got married, my husband and I received anywhere from $10 to $100. I think somewhere between $30 and $50 would be good.
Answered by Joey - Fri Jul 24 06:05:56 2009

How to we cash out stocks that my siblings and I inherited?
Q. My siblings and I inherited stocks (5 of us listed as beneficiaries). How do we cash them out? Do we each need to open an account and cash them out or can we have the money cashed out in a lump and put into the estate?
Asked by Jane F - Tue Jan 8 19:38:10 2008 - Investing - 3 Answers - Comments

A. Good answer from Spock. If all the siblings want the cash, it can all be sold and distributed. Otherwise, the shares have to be divided first, then sold. If these shares were held outside of a qualified plan, you also get the benefit of step-up in cost basis, meaning you won't have to pay taxes on the sale (unless they appreciate significantly after taking possession).
Answered by moneyguy - Tue Jan 8 20:59:35 2008

How much cash should I bring on my trip Moscow?
Q. I am planning a trip to Moscow, Russia at then end of next year. My friends and I are going to Russia after college graduation next spring. We have already begun making payments on it, and I was curious on how much cash I should bring with. We are staying for two weeks, so I though about $1,000. Anyone who has been to Moscow please let me know how much I should bring for my trip. Thanks.
Asked by Tom - Sun Apr 26 22:56:16 2009 - Russia - 3 Answers - Comments

A. 1,000 sounds enough for a two week vacation. Currently, $1 is about 33 Russian rubles. Try not exchanging much at the airport because they have a bad rate. Never exchange on the street - only at authorized banks. The prices for things like a restaurant meal is pretty much the same in the US as in Moscow, and some things like bread and milk could be a little cheaper there. A ticket to Tretyakovskaya Gallery (a must visit, by the way! - both locations) is something like 5 bucks, and to visit the inside of Kremlin (inside behind the wall are all the Kremlin museums, palaces, etc. is somewhat like $20). I'd also suggest you research well on how you'll get from the airport to your place of stay. All the men inside the terminal with cars who… [cont.]
Answered by John - Mon Apr 27 03:03:08 2009