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
shepuryov [24]
3 years ago
14

1. Jay is the owner of TooCan Tan, a luxury spa and tanning salon that caters to individuals who desire the ultimate experience

in relaxation. Jay is aware that being the sole owner of the business makes him responsible and liable for every aspect of the business. The type of business, which best describes the operation of TooCan Tan is
Business
1 answer:
Maru [420]3 years ago
6 0

Answer:

Sole Proprietorship

Explanation:

Sole proprietorship is a form of business in which all liabilities,risks&responsibilities(especially in financial aspect) are being borne by a single individual.The individual may not necessarily be the operational entity in the business as he/she in question can employ employees he/she so desires,but when it comes to structuring,legality&sensitive decisions affecting the business,it is borne solely by the individual.This form of business is devoid of partnership,which explains why the demise of the owner is likely to bring an end to the business.

You might be interested in
You're prepared to make monthly payments of $390, beginning at the end of this month, into an account that pays 7 percent intere
faust18 [17]

Answer:

$ 11,111,000

Hope this helps

mark me as brainloest

8 0
3 years ago
Selling goods only at certain predetermined prices that reflect definite price breaks is called .
Firlakuza [10]

selling goods only at certain predetermined prices that reflect definite price breaks is called Price lining

Price lining, also known as product line pricing, is a marketing tactic where a company charges for its products in accordance with its quality, features, or other characteristics to set them apart from competing ones.

Price line, to put it simply, is the practice of placing comparable products in various price ranges, each of which differs significantly in terms of the characteristics or qualities it offers. These brackets typically have lower starting prices and higher price points.

Despite having "price" in its name, price lining is a marketing tactic. The major goal of this strategy is to increase sales and audience size by making the offering more appealing to a wider range of consumers.

Apple, a company that makes smartphones, is a good illustration of price lining in action. Apple offers its iPhone lineup in a range of price points, with each model differing mainly in the small number of extra features that are added to the more expensive ones. Instead of solely selling expensive iPhones, Apple now offers a variety of models to appeal to customers with varying levels of purchasing power, which helps them grow sales.

To know more about price lining

brainly.com/question/7250116

#SPJ4

8 0
1 year ago
A credit memorandum results in a(n) _____ in a customer's accounts receivable file.
umka21 [38]
I believe the answer would be “B. Decrease” apologies if it’s incorrect!
3 0
2 years ago
Stadford Inc. is financed with 40 percent debt and 60 percent equity. This mixture of debt and equity is referred to as the firm
lesya692 [45]

Answer: Capital structure                            

Explanation: In simple words, capital structure refers to the proportion of different securities that an organisation uses as a combination to fund its operations. In other words, the amount of debt and equity in total capital in hand of the business is termed as capital structure.

Capital structure is of high importance to the investors as it directly impacts the liquidity and profitability of the organisation.

The ability of a company to bear its short term obligation is called liquidity and the ability to generate profit with given amount of resources is called profitability.

8 0
3 years ago
Suppose that Italy and Sweden both produce beer and olives. Italy's opportunity cost of producing a crate of olives is 5 barrels
qaws [65]
B and C because blahblahblahblah
4 0
2 years ago
Other questions:
  • Angela, a salesperson at QuantaSource, informs her coworkers that one of their accounts requires a high level of selling effort
    12·1 answer
  • For June, Gold Corp. estimated sales revenue at $400,000. It pays sales commissionsthat are 4% of sales. The sales manager's sal
    10·1 answer
  • Accountants at Idle Time Gaming, Inc. work with state-of-the-art systems that create financial statements every day, but the int
    12·1 answer
  • On June 1, Sawyer Co. borrowed $5,000 by extending their past-due account payable with a 45-day, 12% interest-bearing note. On J
    8·2 answers
  • Goods sold to Mahesh Rs 20000 journal entries​
    15·1 answer
  • What are the company’s assets if the liabilities are $10,000 and the owner’s equity is $20,000?
    14·2 answers
  • Planing function means​
    8·1 answer
  • Who wants to be my friend.!?
    7·1 answer
  • An advantage of an enterprise resource planning (ERP) system is that to implement it, an organization need not attempt to do eve
    14·1 answer
  • (01.01 LC)
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!