 What are my rights as a cashier for CVS/Pharmacy? |
| I was scheduled to start work at 7 am this morning. I showed up at 6:50am, the store was closed. No cars in the parking lot, no one around at all. I knocked for about 15 minutes straight...No one ... |
|
 Wal-mart, love it or hate it? |
| Low wages, poor benefits and cheap Chinese imports. That is what they are known for.... |
|
 What all does a stockman do at Wal-mart? |
| Does anyone know what all a stockman does at Wal-Mart during the day and evening? What do they do everyday?... |
|
 I think I've been scammed on the net by Videx Courier Service, can anyone help? |
| I got a message about a month back saying I'd won 250,000pounds on the UK national lottery online international sweepstakes competition, looking all official and everything. Then i had to speak ... |
|
 EBAY QUESTION! Help please!? |
I was on eBay and found this written at the bottom of a Gucci auction.
It said:
By law, we must MAKE YOU AWARE that we are not an authorized GUCCI® dealer or representative. GUCCI® is a ... |
|
 FTD sucks for 2/14/08, do you have same experience? |
Did anyone else have trouble with their flowers from FTD not being delivered 2/14/08?
I ordered from FTD online on 1/29/08. The website says the flowers were delivered, but they weren't.
... |
|
 Anyone get an e-mail that you had won the African Lottery? |
| How crazy is this? They even asked for my bank account number...ohhh not smart huh?... |
|
 What's the point of the people who highlight your receipt at costco? |
| every time i pass them they just glance at my cart highlight my receipt and let me go, is that really their job?... |
|
 Which one is the most important company of 20th century?and why? |
a- Mc Donald's
b- Microsoft
c- Ford Motor Company
d- Disney
e- Marvel Comics
If you have any other juts add with your reasons...... |
|
 Do super market bosses think we are stupid? |
| I've just been to asda and it's full of roll-back prices, and asda are telling us how good they are for lowering these prices, am I wrong in thinking that they put the prices up much more ... |
|
 Does a 3 percent drop in US auto sales really justify laying off 15 % of the workforce? |
http://news.yahoo.com/s/ Details
From the article: "Chrysler became a private company in August when DaimlerChrysler AG, now ... |
|
 Bill gates not the richest man in the world anymore? |
| What's your thought on this? The richest man on Earth right now is Warren Buffet. Gates ranks ... |
|
 Is there anyway i can earn extra cash working from home? |
| ive heard a lot of people say that working from home as they call it, is a scam. However i was wondering if theres anyone who knows of such a company or website anything so that i can earn extra cash?... |
|
 How insulted would you be to receive this as your 9 year work anniversary gift - a Word Document via e-mail!? |
Simply says, We would like to thank you for 9 years of service at our company.
And has some people cc'ed on it.
That's it!
Additional Details
Note: E... |
|
|  |
Eric Chua Yanshan Maynas | How come some big businesses can survive years of heavy loss in income (negative profit) ? |
Hi Guys, I find it confusing to find some companies report negative earnings for a few years. (sometimes by alot, few millions for example)
Can a company really take that sort of heavy losses for years? How does it get the funds to survive the following year?
Or am I just missing out some other factors :)
Hope that you can enlighten me, thanks! |
 |
 
adf
|
The simple answer is that these companies have enough assets (cash) to make it through negative earnings.
You can't simply look at a company's earnings to judge its financial health, you also need to consider the cash flow and balance sheet of a company. These will tell you if there are enough assets to cover the company's expenses (liabilities) and if there is enough cash flow to meet operating needs.
If a company has negative profits and doesn't have enough cash to cover expenses, then they can raise money by issuing stock or taking out loans. |
|
Swamy
|
Well, they have deep pockets. They can tide over losses for a few years either by dipping into reserves or by taking bridge loans to fill the gap between income and expenditure. |
|
Robert B
 |
Hi Eric.. adf.. has it right.these large companies have so
much equity that it is easy for them to get cheap money
to operate on while they fix the earnings problems .they
also can divest themselves of their non- profitable entities. They also cut jobs to cut costs.. They also can work their
books to show a loss when in reality they are making money
Have a great Day.. |
|
sophieb
|
not sure if this makes sense or not, but maybe they have heavy investments overseas, maybe they have their savings in an account overseas that is not taxed or counted, maybe all the years when they did make a good profit they invested that money and past profit is not considered current profit, (maybe they overcharged the customer in years past and saved that money), maybe they aren't coming out even but have connections and think someone (maybe the government who needs their company) will bail them out thru bankruptcy so they're letting their profits diminish, maybe theyi are using credit a lot, maybe it's only one branch of their company that's not making a profit (like one company has several branches in the same field of endeavor, but they also have companies selling other products relative or not relative to their initial endeavor which are making a profit), etc. etc. If it's a very large business then "millions" are a drop in the bucket to them so they're not overly concerned (but from the smaller guy's perspective it sounds like a lot of money). |
|
Vivianna
|
Well they do not post salaries for a purpose. Low paid workers get lower pay and fewer benefits. The companies can either take a tax loss. More than likely though the government bails these companies out like American Airlines and Trump Enterprises which our tax dollars were used to bail out their bad management decisions. There funds may not survive the following years that is why they sell shares in these companies, but they count of the fact that not all the investors want there money right away.
Enron was worth more than three billion dollars and it crashed because all the major investors pulled out at one time and crashed the company making huge profits and depleting the pensions and the 401K's of their workers. That is why you do not buy stocks and be naive enough to think you can use them for retirement purposes. Do not pay into 401K's they are a scam for these companies and more likely than not they will get rid of you before you can even profit from them. I hope this helps. |
|
TedEx
|
No to be funny., but look at the airline industry. What bank wants to force them into closing down and have to reposess 200(or more) used airplanes?Or, GMN, what bank wants to have a slightly obsolete auto plant on their hands. ?
There are still expenses whenther or nota co operates. A co could actually lose less by operating at a loss than not operating at all. At leastby operating thereissome income.
But taxes, rents, interest cotinue whether or not the cooperates. If revenue covers payroll and the expenses of operating and pays PART of the revenue which would continue if they were closed , so much the better.
And,believe it or not, the airline industry is turning around, much to the relief of the banks. |
|
chazzer
 |
I hear you. I wish I could lose money during a year and still get by on living expenses and paying the bills, with money left over for myself!!! |
|
Bonnie Lynn
|
They survive because they capture new markets, which means growth and more income.
EDIT:
Alright, that was'nt enough.
When a company becomes financially unstable (insolvent) they can continue operations under bankruptcy laws.
EDIT:
Negative earnings does'nt mean there's no money...it means they did'nt reach a predicted goal. (less than normal return) |
|
childofevil2003
|
take away benefits from current employees, laid offs, take awya % from pay, Insurances, etc...... |
|
Laura
 |
Remember that any company builds up a profit buffer for a reason. This helps them cover costs when current profits are low.
Yes, there are other things that factor into this, but I'm sure everyone else has covered most if not all of them =P |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 4 minutes(s) ago
| | | |
11 | 23 minutes(s) ago
| | | |
11 | 39 minutes(s) ago
| | | |
11 | 53 minutes(s) ago
| | | |
11 | 2 hour(s) ago
| | | |
11 | 4 hour(s) ago
| | | |
11 | 9 hour(s) ago
| | | |
11 | 2 day(s) ago
| | | |
11 | 3 day(s) ago
| | | |
10 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Corporations 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
