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ioda
3 years ago
7

Dopson's Hardware was in bad financial shape. It owed so much money that vendors put the store on a cash-only delivery basis. As

a result, the store had a dwindling inventory of goods to sell. Whenever a customer asked about an unavailable item, the owner directed the sales staff to say that it was on backorder and would be in stock next week. When the customer returned, the item was still unavailable. The owner's policy created a(n) __________ gap.
Business
1 answer:
madreJ [45]3 years ago
6 0

Answer:

communications

Explanation:

Based on the information provided within the question it can be said that the owner's policy created a communications gap. This term refers to when a speaker relays a message but it is misunderstood by the receiver. Which is the case in this scenario even though the employees where stated to say that the item will arrive next week.

If you have any more questions feel free to ask away at Brainly.

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The following amounts represent totals from the first three years of operations. Calculate the balance of Retained Earnings at t
LiRa [457]

Answer:

B) $2,600

Explanation:

Retained earnings in each is computed as net income minus dividends

In year 2016 retained earnings=$1200-$200=$1000

In year 2017 retained earnings=2016 retained earnings+net income-dividends

2017 retained earnings=$1000-$500+$0=$500

2018 retained earnings=2017 retained earnings+net income-dividends

2018 retained earnings=$500+$2,300-$200

2018 retained earnings=$2,600

6 0
3 years ago
Under the Electronic Fund Transfer Act, which two banking practices are part of the consumer’s responsibility?
ella [17]

The correct choices are;

<u>"A. knowing rights and responsibilities relating to money transfers  </u>

<u>C. notifying the bank of lost credit or debit cards".</u>


The Electronic Funds Transfer Act is a government law that secures shoppers occupied with the exchange of assets through electronic techniques. This incorporates the utilization of charge cards, computerized teller machines and programmed withdrawals from a financial balance. The demonstration likewise gives a methods for rectifying exchange blunders and restricts the risk from any misfortunes because of a lost or stolen card.

7 0
3 years ago
Read 2 more answers
Which one of the following statements concerning the balance sheet is correct? Total assets equal total liabilities minus total
Margarita [4]

Answer:  Assets are listed in descending order of liquidity

Explanation:

According to accountant principles, the assets are always listed starting with the most liquid asset. It has the special purpose of helping to the shareholders and company owners to know what assets are easily sold and become in cash flow. The most liquid asset is always the cash, it is the first in the list. Commonly the second asset listed is the inventory, then we have ththe realizable value ( it includes bonds, stocks and other stock market elements), followed by the elements available for sell, at the end we can find listed long term resources including fixed assets and intangible assets.

8 0
4 years ago
Assume the following information pertaining to Cub Company: Prime costs $195,000 Conversion costs 221,000 Direct materials used
LuckyWell [14K]

Answer:

cost of goods manufactured= $323,000

Explanation:

Giving the following information:

Conversion costs 221,000

Direct materials used 85,000

Beginning work in process 98,000

Ending work in process 81,000

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP

Conversion costs= direct labor + allocated overhead

cost of goods manufactured= 98,000 + 85,000 + 221,000 - 81,000

cost of goods manufactured= $323,000

6 0
3 years ago
Consider the market for coffee beans. suppose that the prices of all other caffeinated beverages go up 30 percent while at the s
tatiyna

Answer:

a) the equilibrium price may rise or fall but the equilibrium quantity will rise for certain.

Explanation:

For the price there are two forces pushing:

one that the increase in caffeinated beverages prices which requires coffee beans as input increases will make possible to pay more for the coffee beans

But also as the production can increase due to the increase in technology it may be cheaper to produce the coffee bean, pushing the price down.

The net effect of this with no more calculaton is uncertain.

What is clear is that because the product which the coffee eans price increases, there will be more demand for themand will ebe possible to meet it as there is also an icnrease in productivity. This makes the quantity of equilibrium clearly going up.

4 0
3 years ago
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