Money laundering

I been working at Montefiore hospital for 17 years as a head cashier/office coordinator. I was hired as a cashier, but since Montefiore acquired other facilities in the past 5 years, I got promoted to the office coordinator where one of my job descriptions is to train and help out other cashiers with different issues. My daily duties include processing payments from different departments in order for the facility to check and balance. I check to make sure that each department proves out and…

Throughout the first year, you continued to make a little money, or lose a little every month, but the company has been steadily losing money in the second year and has had to use reserves in order to keep in business. You think the problem is that the chefs do not know how to manage a business. As soon as the business seemed to be breaking even last year, you noticed that they changed menus, offering more elaborate dishes with more expensive ingredients without increasing prices. These dishes…

“politicians are encouraging us to save rather than spend money we do not have.” This increase in saving is a contractionary monetary policy designed to reduce consumer spending, an impact upon the economy would be a reduction in inflation, due to decreased demand pull inflation as there is not enough supply for the firms to match the needs of demand that is fuelled by excessive borrowing., the excessive demand drives prices up as there is too much money chasing too few goods. An increase in…

Dynashears manufacturers a complete line of household scissors and industrial shears, and distributes their goods through jobbers to specialty, hardware and department stores. A cyclical business, Dynashears deals with a period of high sales during the months of July to December. By nature, cyclical businesses like Dynashears engage in short-term borring from banks to finance the additional working capital needed to support high sales periods. Dynashears is usually able to pay back its…

It is really easy to blame your financial difficulties on money. Yet what some people forget, is that this medium of exchange allowed us to create what we have today. Without something to use as currency there would be no society. A society consists of a group of people working together to create an orderly community. The creation of which would not be possible if the basic things that humans need are not satisfied. Money helps create stability by setting a certain value on all the commodities…

Savings versus surplus savings: Off-the-top savings, money that is taken away from your paycheck before you have access to it. It looks like it was never even there and is put away into savings before you can touch it. Surplus savings, money that is left at the end of the month is put into a savings. 2. I believe that off-the-top savings works much better, since that money is put into savings before it be can counted into a monthly budget and it is money that one doesn’t have to think about.…

owes money to the federal government as a result of not paying their taxes, not filing their taxes, or not filing their taxes correctly. It is estimated that nearly twenty percent of Americans do not pay their tax debts every year. Some people do not pay on the taxes that they owe because…

any social contributions, income taxes, etc., payable to employees.” It essentially is the monthly, or sometimes, weekly amount of money that the employees are getting paid by their employers because of their contract. One thing that all working people have in common, is the income tax that they have to pay, based on the amount of money that they earn, the more money you earn, the more tax you are going to pay. The income tax is not required to be paid by people that are either in full time…

the home taking care of that child. Making sure that you have all of your ducks in a row so that money coming into the home is not disrupted is the best idea before going and buying a home. Planning for any adverse future events is the best option. Finally, setting a budget that the whole family can adhere to is a good idea before deciding to buy a home. One needs to make sure that there is money left over for savings in case something happens that cannot be avoided. Also, setting a budget…

mcdouble at McDonald’s cost $1.50, if the minimum wage was to go up, the cost would be very different. I imagine the same hamburger would sell for $5. Minimum wage was originally intended for part time workers and high school workers who want a little money in their pockets. I agree with Bernie Sanders on his website when he says that for those who work 40 hours a week under minimum wage should not be in poverty, but we should not raise the minimum wage to help the adults that are living off of…