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What is the main business interest of Crestwood Midstream Partners?
Wiki User
∙ 10y ago
The main business interest of Crestwood Midstream Partners is Infrastructure Solutions. You can learn more about the Crestwood Midstream Partners online at the CrestwoodLP website.
Wiki User
∙ 10y ago
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Is interest on partners loan a part of appropriation of profit?
Interest on loan to a business is a finance cost. Irrespective who the loan is coming from, the cost of sericing the loan, that is, the interest, is to be charged in the Income Statement. In theory it is not an appropriation (division) of profit.
Why would partners allow interest on capital?
Basically interest on capital is an economic cost because the partners could have earned lets say 8% interest by putting the money in a fixed deposit instead of contributing it to the capital.Hence a normal rate of return to the partners is expected.
How do you record carried interest in accounting?
do carried interest partners have any capital ownership on books
How can i protect my interest in an llc?
If the LLc is basically your interest in a professional partnership type arrangment...say a consulting firm....try to show that their is no market for your interest..the value is really only comes from the involvement of those working in the business....hope none of your partners offers to buy out your interest...that type of thing. If there is value in your interest, and it isn't much more than an investment, your pretty much screwed...
How much are the business interest rates?
Business interest rates vary depending on many factors. The biggest being where the business is located, what type of interest one looking at and the business itself. Business loans can average around 7%, where as interest on their investments can start at less than 1%.
How can I transfer my Partnership firm?
There are restrictions on the transfer of ownership interest in a Partnership firm. A Partner cannot transfer his/her interest in the firm to any person (except to the existing partners) without the unanimous consent of all other partners.
Which responsibility is greater for a corporation--the one to stockholders?
The ones to the society that facilitated the existence of corporations in the first place. The corporation must follow the laws first and the interest of the stockholders, employees, customers and business partners secondarily.
Can you will interest to your heirs in a tenancy in partnership?
No. A tenancy in partnership is like a joint tenancy. If you die your interest automatically passes to the other partners.
What is tenancy in partnership?
Business partners can set up a formal partnership under state law. If the partnership purchases real property the deed should recite that they will hold title as tenants in partnership. That way, if one dies their interest in the property passes automatically to the other partners and avoids probate.If the partners do not have "tenants in partnership" recited in their deed the tenancy will default to a tenancy in common. In that case if one dies their interest in the property will pass to their heirs under their will or according to the laws of intestacy if they have no will.People who desire to set up a partnership should only do so after consulting with an attorney who specializes in business law and contracts. Mistakes can be costly.
What type of letter are letters of inquiry and invitation to company-sponsored events?
Letters of inquiry and invitation to company-sponsored events are typically business correspondence letters. These letters are used to communicate with clients, partners, or potential attendees to provide information about an event or to express interest in a business opportunity.
Provide three differences between sole trader partnership and cooperative type of business?
Well first of all, A sole trader works alone, he/she is liable for everything about the business, day-today running of the business, its success and failure. If he/she fails, he/she will lose not only his/her business but his/her losses will extend to his/her personal possessions too to cover the cost of the business.The capital investment is comparatively less,The managerial ability of a sole trading concern is limited. In partnerships, the business is organised by partners and owned equally amongsts them. The decisions are made by the partners equally as they all have equal votes. With liability, its the same as a sole trader, however it is divided amongst the number of partners there are. Due to the nature of the business, different partners may have expert knowledge, unlike in the sole trader there is so much one person can know. There is also a rule to how many partners you can have in a partnership. I think in Britain this is maximum 15 or 29.As the partners are more in number capital investment is large.The managerial ability of a partnership firm's great,as it is provided by 2 or more talented person. A cooperative is the kind of business where all employees have a share in the business in the business. The key difference between cooperatives and partnerships is that there is no limit to how many people you can have in the business and normally the people involved have a keen interest, such as they can be consumers who have started it to get quality products or employees to find good working practice. The way you register a cooperative business is different.
What Are The Interest Rates I Can Get On Business Loan?
The interest rates on business loanrange from 5-18%. Once you submit a business loan application, your lender will tell you of your likely interest rate based on the amount of funds for which you qualify.
