burst4x
Rank: Senior · 1,954 points · 318 answers
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Just trying to entertain myself by answering questions, some are really funny. 42 yo, experienced in finance, investing, controlling, fmcgs, audit... read more
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If a supplier/ says 10+1 on item,normal price is £54 10+1 is £50. What does this mean?
Question posted by burst4x 3+ months ago | 1 answers | 
| Open
Related topics: price, great, confused, news, bits, normal, terminology
burst4x's answer: it means that if you buy 10 items bulk you get a discount on the purchase of nearly 9.3 % on the regular 1 item price
What is the commission rate?
Question posted by burst4x 3+ months ago | 1 answers | | Open
Related topics: over, base, company, sale, jacket, sell, mulberry, salary, math
burst4x's answer: If the base annual salary is 23,000 then the monthly base is 1916,67. As he got 3300 last months, then the difference of 1383.33 represented the comission. The comission base is 16750 (assuming the 2500 is a monthly limit, not clear from the ...
I already have business from last 3 years my friends want to invest in that business?
Question posted by burst4x 3+ months ago | 1 answers | | Open
Related topics: friend, year, friends, years, profit
burst4x's answer: of course you can if you want. first you need to agree how much they will invest. then you will follow the legal process to change your act of incorporation acknowledging their contribution. it is not so much about accounting it is about legal ...
Unlike private company,share company are allowed to issue transferable securities. why?
Question posted by burst4x 3+ months ago | 1 answers | | Open
Related topics: company, private, issue
burst4x's answer: because public companies operate under stricter regulations which gives more protection to an uninformed investor
Schools - Where can I source fund as a CEO in a company?
Question posted by burst4x 3+ months ago | 1 answers | | Open
Related topics: school, company, schools, ceo
burst4x's answer: assume you talk about profit organisation. you have several options: - equity issuing more shares and potentially listing them on a stock exchange or sell to a private equity fund - debt - you take loans from the bank or you issue bonds or preffered ...
TRADING 212 I bought with practice acc 5000 units of oil for 44.6$ each, why do I pay only 3000£?
Question posted by burst4x 3+ months ago | 1 answers | | Open
Related topics: oil, practice, bought, trading
burst4x's response: because you bought CFDs which is a leveraged product. you were required to put a margin, not 100% the value of the derrivative.
What a store manager should do if their 2 staffs does not come for the and never inform about it?
Question posted by burst4x 3+ months ago | 1 answers | | Open
Related topics: staff, action, store, leave, managers, manager
burst4x's answer: talk to them and tell that this is unacceptable. rise the issue with HR. next time when they are in fault start procedural action and fire them
A meter is sold at a gain of 16%.if it was sold for 20dollars more,there would be gain of 20%.find?
Question posted by burst4x 3+ months ago | 1 answers | | Open
burst4x's answer: the question is not clear, suggest reformulating. if the meter was sold with a profit of 16% which meant 20 USD, then the initial cost was X*1.16=x+20 => x = 20/0.16 = 125 USD If you want to find out what the profit would be at 20%, then it is ...
Analyze the given situation and answer that is it best strategy to impose heavy taxes on cigarettes?
Question posted by burst4x 3+ months ago | 1 answers | | Open
Related topics: death, world, smoking, heavy, cigarette, tobacco, health, report, leading, strategy, answer
burst4x's answer: I would first argue with the strategy itself. It's effectiveness heavily depends on the level of authority control over the borders and what the surrounding countries do with their tobacco market. Heavy taxes on cigarettes will drive price ...
To have a meaningful risk identification strategy, what will a company do?
Question posted by burst4x 3+ months ago | 1 answers | | Open
Related topics: company, risk, strategy
burst4x's answer: not sure the question is correctly formulated. a company would set up a strategic goal to timely identify risks for example. for this to happen they should have a risk management PROCESS embedded in its current other processes
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