When a shareholder invests cash in a corporation, the corporation obtains cash to finance operations and purchase assets, according to Nerd Wallet. In return, the shareholder gets an ownership stake in the corporation and a chance to receive dividends and participate in any value increase. Is shareholders funds the sameRead More →
1. The three variables that affect saving money are: b. amount, interest, and time. What is total pay or earnings before any deductions have been taken? Gross Annual Income (GAI) Total pay or earnings made over a one-year period before any deductions have been taken. … (This amount is sometimesRead More →
Expired funds are not available for new obligations. Both the obligated and unobligated balances of expired appropriations must be available for recording, adjusting, and liquidating obligations properly chargeable to that account. How long are procurement funds good for? Most appropriations are available for obligation purposes for a finite period ofRead More →
Penal Code 424 PC is the California statute that makes it a crime for a public officer or a trustee of public funds to misappropriate the funds for improper use. A conviction is a felony punishable by up to 4 years in jail or prison, fines of up to $10,000.00,Read More →
The vast majority of U.S. retirees receive Social Security benefits, which continue for life. So while they may run through their savings and run short of money, they can’t truly run out. How long will $300000 last retirement? The amount of time it will take for $300,000 to dwindle downRead More →
What is Help to Buy? Help to Buy means you can apply for a mortgage with a 5% deposit – the government provides a loan (called an equity loan) of up to 40% in for London properties or 20% outside London (the limit is 15% in Scotland). You then borrowRead More →