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cestrela7 [59]
2 years ago
12

You are headed off to college. Some close family members decide it would be a good idea to buy a house in the college town and t

hen rent it out to students, with you also living there and actively managing it. Assuming you and your family buy it, what form of business would you select? and why?
Business
1 answer:
jek_recluse [69]2 years ago
7 0

The ideal type of business would be the sole proprietorship, as it is a structure that is easy to start and manage.

<h3 /><h3>What is the sole proprietorship?</h3>

It is a simpler business structure, which is managed by an individual, who has the responsibilities for the business, that is, in this configuration there is no legal distinction between the company and the owner.

Therefore, the sole proprietorship is less bureaucratic, being able to close the business at any time, or change type as the business grows and requires greater responsibility.

Find out more about sole proprietorship here:

brainly.com/question/4442710

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The Total Debt to Total Capital ratio is an effective type of debt management ratio because it gives an idea of:______
Vaselesa [24]

Answer:

c. how the firm has financed its assets as well as the firm’s ability to repay its long-term debt.

Explanation:

The Total Debt to Total Capital ratio is also known as the Debt to Equity Ratio. This ratio shows how much foreign money is used by the Company. Also important, it reveal the firms ability to repay its long term debt.

7 0
3 years ago
Majority rule, first-come/first-served, and sharing equally are examples of _____ .
Trava [24]
The examples mentioned above are examples of non-market distribution method, Non-market distribution method is a process wherein the distribution products, services, and goods does not have profit motivation. In most cases, products, goods, and services are offered for a low price.
5 0
3 years ago
Read 2 more answers
When an organization selects a single, primary target market and focuses all its energies on providing a product to fit that mar
sammy [17]

Answer:

Concentrated Targeting Strategy

Explanation:

Concentrated Targeting Strategy refers to a situation in which an organization focus its marketing efforts on only a specific segment of the market. That is, only one marketing mix is developed.

Concentrated Targeting Strategy allows the producer focus on the needs and wants of a particular segment of the consumers/ population. The producer directs all it's efforts to the satisfaction of a segment of the consumers.

Concentrated Targeting Strategy could be disadvantageous if the demand of the focused segment of consumers is low. Low demand will affect the financial position of an organization.

5 0
3 years ago
A business plan should generally project financial and operational aspects of the proposed business for the first six months. on
djyliett [7]
The right answer for the question that is being asked and shown above is that: "first six months. "<span>A business plan should generally project financial and operational aspects of the proposed business for the first six months.</span>
6 0
3 years ago
Langston will pay $575 to three different credit cards: Expert Card, Passport, and US Speedy. She will pay three times as much t
Gre4nikov [31]

Answer:

$75

Explanation:

Let, the payment made towards US Speedy credit card be 'U'

Therefore,

According to the question:

Payment made towards Express credit card, E = 3U

Total for the two cards = U + E

= U + 3U

= 4U

also,

Payment made towards passport credit card = 15% of 4U

= 0.15 × 4U

= 0.6U

Given: Total payment made = $575

Therefore,

E + U + 0.6 U = $575

or

3U + U + 0.6U = $575

or

4.6U = $575

or

U = $125

Hence,

Payment made towards passport credit card = 0.6U

= 0.6 × $125

= $75

6 0
3 years ago
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