Mutual savings institutions are owned by who?

A general partner who puts together the administrative organization of the limited partnership and handles the registration of t

Valentin [98]

Limited partner.

<h3>What is a Limited partner?</h3>

A limited partner is a shareholder whose liability for the company's debts is limited to the amount they contributed to the business.
Silent partners are another name for limited partners.

<h3>What is Limited Partnership?</h3>

Similar to a general partnership, a limited partnership (LP) must have at least one general partner (GP) and at least one limited partner, as opposed to the minimum requirement of two GPs for general partnerships.
Different from limited liability partnerships, which only have limited liability for each participant, are limited partnerships.
The GPs are, in most significant ways, in the same legal position as partners in a traditional firm: they have management control, share the right to use partnership property, divide the firm's profits into fixed shares, and have joint and several liabilities for the partnership's obligations.

Therefore, the answer is a limited partner.

Know more about a Limited partner here:

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5 0

2 years ago

You have been selected to lead a team to decide on a different type of structure in your organization to better serve customers

MatroZZZ [7]

Answer:

ok

Explanation:

yes and how

7 0

3 years ago

What "extras" can you include in a nontraditional resume that would not be included in a traditional resume? Only correct answer

NISA [10]

<h2><em>What "extras" can you include in a nontraditional resume that would not be included in a traditional resume?</em></h2>

<em>The extra items that you can include in a web resume that would not be included in a traditional resume are graphics, buttons and pictures</em>

<em>hope </em><em>it</em><em> helps</em>

<em>#</em><em>c</em><em>a</em><em>r</em><em>r</em><em>y</em><em> </em><em>on</em><em> learning</em>

4 0

3 years ago

refer to the accompanying national income data (in billions of dollars). the gross domestic product for this economy is

jeka94

Answer: $623 billion

Explanation:

Gross Domestic Product refers to the final value of the goods and services produced within a country in a certain period which is usually a year.

It can be calculated by several approaches with one of them being the Expenditure approach.

The formula is:

= Consumption + Investment + Government spending + Net exports

= 400 + 88 + 128 + 7

= $623 billion

4 0

3 years ago

Yale Corporation issued to Zap Corporation $48,000, 8% (cash interest payable semiannually on June 30 and December 31) 10-year b

tino4ka555 [31]

Answer:

Yale Corporation

Journal Entries:

a. January 1, 2020:

Debit Cash $44,878

Debit Premium on bonds $3,122

Credit 8% Bonds Payable $48,000

To record issuance of the bonds.

b. June 30, 2020:

Debit Interest Expense $2,020

Credit Bond Discounts $100

Credit Cash $1,920

To record the first payment of interest.

Explanation:

a) Data and Calculations:

January 1, 2020:

Face value of bonds = $48,000

Price of bonds = $44,878

Discounts on bonds = $3,122

Coupon interest rate = 8%

Interest payment = semiannually on June 30 and December 31

Maturity period = 10 years

Effective interest rate = 9%

June 30, 2020:

Interest Expense $2,020 ($44,878 * 4.5%)

Cash payment 1,920 ($48,000 * 4%)

Discount amortization $100

Value of Bonds = $44,978 ($44,878 + $100)

December 31, 2020:

Interest Expense $2,024 ($44,978 * 4.5%)

Cash payment 1,920 ($48,000 * 4%)

Discount amortization $104

Value of Bonds = $45,082 ($44,978 + $104)

N (# of periods) 20

I/Y (Interest per year) 9

PMT (Periodic Payment) 1920

FV (Future Value) 48000

Results

PV = $44,878.10

Sum of all periodic payments $38,400.00

Total Interest $41,521.90

4 0

3 years ago