1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ANTONII [103]
3 years ago
10

Dan is excited to start marketing and selling his new indoor practice hockey tarps and would like to start today. He already has

several hockey associations waiting to make purchases. Dan's BEST option for starting his business quickly and hassle-free is a(n) ________.
Business
1 answer:
andrew-mc [135]3 years ago
6 0

Answer:

sole proprietorship

Explanation:

Sole proprietorship -

It is the simplest form of business , where there is only one and only one person , running the business , is referred to as a sole proprietorship .

It is not a legal entity , with only one head .

All the loss and income are taxed on the very person's income tax return .

It is also known as a sole trader , where the sole trader has the right to take any decision for the company and hence has got the right to employ any person to work under him .

Hence , from the given scenario of the question ,

The correct answer is  sole proprietorship .

You might be interested in
Can you help with 1040 form for acct 130 class
Len [333]

Answer:

what is the question lol? I could probably help you out !

6 0
2 years ago
What vehicle looks the same coming or going
masya89 [10]
1958 Zundapp Janus 250
7 0
3 years ago
The freedom to make your own decisions can be limited if the business you choose is a A. home-based business. B. franchise. C. w
Allisa [31]
The answer is franchise
7 0
3 years ago
Monopolistically competitive markets are characterized by a large number of firms A economies of scale B standardized products C
zavuch27 [327]

Answer:

The answer is B. standardized products

Explanation:

Monopolistic Competition has the following characteristics :

1. There large numbers of buyers and sellers

2. The products offered by sellers are close substitutes for the products offered by another seller.

3. The costs associated with entry and exit are low.

4. Sellers differentiate their products through advertising, branding etc.

Know that the most distinguishable factor in this market is product differentiation or standardized products.

The extent to which the seller is successful in product differentiation determines pricing power in the market.

The demand curve in this market is downward sloping i.e increase in price will lead to decrease in quantity demanded. This market is similar to perfectly competitive market.

The economic profit will fall to zero in the long run because the entry costs are not high.

7 0
3 years ago
All of the accounts of the Grass is Greener Company have been adjusted as of December 31, 2016, with the exception of income tax
yulyashka [42]

Answer:

The income before tax is $370450, the income tax is $111135 and the net income is $259315.

Explanation:

As the data table is not visible,online a similar question is found for which the data is attached here with.

From the given data

Service Revenue=$943,000

Interest Revenue=$127,1000

Total Revenue=Service Revenue+Interest Revenue=$1070100

Now The expenses are given as

Supplies Expense=$349,200

Repairs and Maintenance Expense =$258,300

Depreciation Expense=$60,350

Rent Expense=$ 31,800

Total Expense=Supplies Expense+Repairs and Maintenance Expense+Depreciation Expense+Rent Expense=$699650

So the income before tax is given as

Income=Total Revenue-Total Expense

Income=$1070100-$699650

Income=$370450

So the income before tax is $370450.

Now the tax is estimated at 30% as given tax rate as

Tax=Rate*Income

Tax=30%*$370450

Tax=$111135

So the income tax is $111135.

Now the Net income is given as

Net Income=Income-Tax

Net Income=$370450-$111135

Net Income=$259315

So the Net Income is $259315.

8 0
3 years ago
Other questions:
  • A bag contains 10 marbles: 6 are green, 2 are red, and 2 are blue. Frank chooses a marble at random, and without putting it back
    14·2 answers
  • Which of the following is a true statement?
    9·1 answer
  • Why wouldn’t investment and saving flows at full employment always be equal?
    9·1 answer
  • One ethical dilemma that multinational firms must face is
    13·1 answer
  • Suppose you deposit $116 today, $135 in one year, and $885 in two years in an account that pays an annual rate of interest of 14
    14·1 answer
  • In addition to higher productivity and efficiency, high-performance work systems may also include what other outcomes?
    14·1 answer
  • Magine that you have just arrived at the store to buy the new tech device you have been waiting for. You discover that the store
    10·1 answer
  • Ryan bought a stock three years ago for $6 a share. Today, June 22, the stock is selling for $72 a share. Ryan is afraid that th
    9·1 answer
  • What was the MAIN topic of this chapter?
    11·1 answer
  • ____________________________________ tries to welcome participation by all organizational members and to view each person as val
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!