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Serga [27]
3 years ago
14

Moe's Restaurant recently advertised that it offered unlimited pasta and burritos for $15 on Friday nights. However, when custom

ers tried to avail the offer, they were told that enrolling for a membership was mandatory for the offer. The membership fee turned out to be $10. The membership condition was not mentioned in Moe's advertisement. Which form of service gap can be seen in the given example?
A. Market gap
B. Communications gap
C. Knowledge gap
D. Delivery gap
E. Research gap
Business
1 answer:
vichka [17]3 years ago
7 0

Answer: B. Communications gap

Explanation: Communication gap could be said to exist when there is misinterpretation of messages or information between the speaker and receiver or complete failure to disseminate certain information between the communicating parties. In the context above, communication gap exists once Moe's restaurant had failed to mention the importance or compulsion of being a member as part of the terms required in other to be eligible for it's campaigned offer.

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The following relates to a proposed equipment purchase: Cost $ 157,000 Salvage value $ 5,000 Estimated useful life 4 years Annua
Kruka [31]

Answer:

$14,850

Explanation:

Depreciable amount = $158,000 - $5,000 = $153,000

Annual depreciation = $38,250

Annual net income = $53,100 - $38,250 = $14,850.

Therefore, the annual net income amount used to calculate the accounting rate of return is $14,850

4 0
3 years ago
Reynolds Manufacturers Inc. has estimated total factory overhead costs of $95,000 and expected
Jobisdone [24]

Answer:

The correct answer is D

Explanation:

Computation of allocation of factory overhead cost for the Job NO 117:

Now, computing the rate of overhead allocation as:

Pre- determined rate of overhead allocation = Estimated aggregate overhead / estimated number of labor hours

where

Estimated aggregate overhead is $95,000

Estimated number of labor hours is 9,500 hours

Putting the values above:

= $95,000 / 9,500 hours

= $10 per hour.

Computing the overhead cost to be allocated to Job No 117 as:

Overhead cost to be allocated to Job No 117 = Number of direct labor hours  × pre- determined rate of overhead

where

Number of direct labor hours is 2,300 hours

Pre- determined rate of overhead allocation  is 10 per hour

Putting the values above:

= 2,300 hours × $10 per hour

= $23,000

8 0
3 years ago
Prepare the issuer's journal entry for each of the following separate transactions.
jeka57 [31]

Answer:

a.

March 1

Debit  : Cash $318,500

Credit : Common Stock $198,000

Credit : Excess of Par $120,500

<em>Being Issue of Par value Shares for $318,500 cash</em>

b.

April 1

Debit  : Cash $84,000

Credit : Common Stock $84,000

<em>Being Issue of no Par value shares for $84,000 cash</em>

c.

April 6

Debit  : Inventory $53,000

Debit : Note Receivable $103,000

Credit : Common Stock $68,000

Credit : Excess of Par $88,000

<em>Being Issue of Par value Shares for Inventory and Note Receivable</em>

Explanation:

Note: We are instructed to prepare journals from the issuer`s point of view and this needs to be followed.

When shares are issued, the Common Stock increases :

a. For par value Common Stocks, any price paid in excess of par value is accounted in Excess of Par Reserve.

b. For no par value shares, there is no Excess of Par Reserve, we simply record the increase in Common Stock at the price paid for.

3 0
3 years ago
The bank charged another company's check against our account. This would be included on the bank reconciliation as a(n)?
xxTIMURxx [149]

When bank charged another company's check against our account this would be included on the bank reconciliation as a addition to the balance per books.

A bank reconciliation statement summarizes banking and business activities and reconciles a company's bank accounts and its financial records. A bank reconciliation statement confirms that the payment has been processed and the cash collection has been credited to your bank account.

Withdraw an outstanding check. This will give you a reconciled bank balance. Then, use the cash balance at the end of the business to add up the interest earned and any outstanding bills. Deduct all bank charges, penalties and NSF checks.

Procedures for verifying the accuracy of both company bank statements and cash accounts. - Must be completed at the end of each month. A common cause of differences between the bank's ending balance and the cash book's ending balance.

Learn more about reconciliation at

brainly.com/question/15525383

#SPJ4

5 0
1 year ago
What is the first account number used in the liabilities division? A. 20 C. 2 B. 21 D. 02
zepelin [54]

Answer:

the answer is A. 20

Explanation:

7 0
3 years ago
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