Why are inventory assets valued at the cost to the company? I was wondering why, on a balance sheets, inventory is calculated at the cost it took for the company to obtain it rather than what’s they’re worth on the market. For instance, I pay $300 for inventory, but I can sell the product at $600 – why would my inventory value still only be $300 for the parts it took to make the product? submitted by…

Does anyone work with this company? If so, what are your experiences with this company? And can you really make money with it easily? www.livegoodtour.com/Nutrients submitted by /u/Sven-Ost

It’s looking increasingly likely that my company will be delisted from its stock exchange. What are the consequences of this likely to be for employees? My company does billions in sales annually. While the stock price has plummeted, the core customer base isn’t likely to evaporate just yet. We’ve seen some moderate downsizing by corporate in line with other reductions across the retail and tech sectors recently. Corporate has put out reassurances to both shareholders and employees that they’re …

This AI company wants to help you control your dreams Prophetic is a tech startup creating what’s billed as the “world’s first wearable device for stabilizing lucid dreams.”

Wire transfer (from Discover) for house closing has been sent but not received by the title company (on going for 4 days) I need to know if anyone here delt with something similar. I had a closing scheduled for Monday 10/2/23 and with that closing I initiated a wire on Friday 9/29/23 for the down-payment and closing cost. I went to my closing and signed all documents and everything seemed to be OK, until I was contacted by the title company later that day saying t…

LPT: Your company doesn’t care about you. LPT: Your company didn’t even know you were a thing until you showed up, and honestly, they probably won’t even realize if you peace out. So, you know what? Look out for number one – that’s you! submitted by /u/BellaSuperfisky

Jony Ive invests in blender company The BlenderCap (right) attaches to a bottle (middle) to produce smoothies and other blended drinks (left). | Image: CruzJony Ive is leading an interesting life post-Apple. The latest news from the famed designer is that he’s invested an undisclosed amount in Cruz, the company behind a USB-C-powered bottle cap with built-in blades that’s designed…

The Dead South – In Hell I’ll Be In Good Company. submitted by /u/RossDouglas

Galaxy’s Head of Mining Amanda Fabiano Departed to Start Consulting Company Fabiano’s new company will work with Compass Mining and Giga Energy, among others.

OnePlus Open: all the news and rumors about the company’s first foldable An unofficial render of what the OnePlus foldable could look like. | Image: OnLeaks via SmartPrixAs the Oppo sub-brand’s foldable nears release, here’s the story so far. Continue reading…

X Social Media is suing X, a social media company Illustration: The VergeIt was bound to happen eventually: a company has filed a lawsuit in federal court against Elon Musk’s X Corp. over its renaming of Twitter (via Reuters). The company in question is X Social Media LLC, an ad agency from Florida that alleges X Corp. is guilty of violating Florida common law because of “unfair competition and…

How much should I contribute to company 401k? 23 years old just landed job making 140k+. Currently have $20,500 in savings, $5,000 in my Roth IRA, and $8,000 in other stock. Currently enrolled for 10% into my 401k through work, which matches 50% of 6%. Is this an ok amount to contribute? Other things to note: My current rent is $400 a month and I spend about another 1,800 a month on other …

Aw, VinFast Thinks It’s A Real Car Company VinFast, a company that makes bad cars and then apparently sells them back to itself, has big plans. The automaker is eyeing scale and expansion, with plans for new factories in Europe and North America, and it wants the sales to match: 50,000 EVs sold in 2023 alone. The only problem for VinFast is that this goal… Read more…

A Truck Stop Owner Claims The Parking Company He Hired Is Illegally Towing Big Rigs A truck stop owner in Tennessee is regretting his decision of hiring a parking company to secure a lot at his business. CBS’ Memphis affiliate WREG reports the truck stop owner has discovered that parking company has allegedly been illegally towing big rigs from his truck stop. Read more…

My landlord, a big real estate company, forgot to charge me for 4 months of rent I was leasing an apartment and had to end the lease before a year because I relocated for work. I got a discount to move in, which was two months free if you sign a 12 month lease. So upon cancelling they informed me I would be on the hook for four months of rent: two being the early termination penalty, and I also have to pay back the two month…

LPT Request: i have a new job offer. Should i make my current company fire me for the generous compensation? I’m from West Africa, working as a software engineer in a reputable company (my first job). I’ve received a job offer in Europe, but I need 3 months to prepare documents and obtain a visa. Interestingly, my current company is letting go of underperforming employees with generous compensation ( my friend received x10 brut monthly salary compensat…

Can the U.S. Make Solar Panels? This Company Thinks So. First Solar kept producing them in Ohio after most of the industry moved to China. President Biden wants many more domestic manufacturers.

Should I trust my company’s 401k provider? The company I work for matches 401k contributions. However, the company they use is Slavic401k which has terrible reviews on Trust Pilot and BBB, so I don’t feel comfortable giving them my money (the biggest complaint is keeping money hostage). What’s my best course of action? I’d hate to miss out on the contribution matches but I don’t think it…

Netflix Prepares To Send Its Final Red Envelope – The company’s DVD subscription service is ending this month, bringing to a close an origin story that ultimately upended the entertainment industry. submitted by /u/lowell2017

Company paying .47 for business milage reimbursement. Hey all, My current outside sales job has me driving, a lot. When hiring in the branch manager said they were paying whatever the standard rate was, which is .655 a mile. Now come to find out the company is only paying .47 a mile, which hasn’t been the IRS standard in the last two decades. I brought it up twice now to the guy that interviewed m…