Bayard organized, owns, and operates, Cypress Tours in the simplest form of business organization. This is called sole proprietorship.
<h3>What is a sole proprietorship in business?</h3>
A sole proprietorship is a type of business is can be managed and operated by an individual, or a business corporation. There exist no partners in the business corporation.
Therefore, we can conclude that Bayard who owns and operates Cypress TOurs in the simplest form of the business organization runs a sole proprietorship business and not a partnership, franchise, or corporation.
Learn more about sole proprietorship here:
brainly.com/question/19176489
1. Your parents don’t yell at you
2. You can manage your money evenly
For most products, an <u>inverse</u> relationship exists between the price of a specific product and its quantity demanded.
Quantity demanded refers to the specific amount of a product or service that consumers are willing and able to purchase. The quantity demanded of a particular product or service can be either increased or decreased depending on a change in its price.
According to the law of demand, the price of a product has an inverse relationship with its quantity demanded. The inverse relationship employs that higher prices of products result in lower quantity demanded, and lower prices of products result in higher quantity demanded.
You can learn more about quantity demanded at
brainly.com/question/1960580
#SPJ4
Answer:
the firm will have a loss of 6.414,97
Break-even rate = 11.34%
Explanation:
We calcualte the present value of a lump sum to know the present sale value:
Nominal: 154,000
time 5 years
rate 0.13
PV 83,585.03
the current sale price 83,585.03
given a cost of <u> (90,000) </u>
the firm will have a loss of 6.414,97
To break event the present value should be 90,000:
rate = 0.113411345 = 11.34%
Risk transferring refers to taking risk or risk that may occur from one party and moving it to another. If there was a chance risk may occur, conducing a 'what if' analysis will allow the organization to see what may happen if they do or do not transfer risk to another party.