a. How much change should Stacey receive from the delivery person? Round your answer to two decimal places. $ b. How much would Rosa & Gene's Pizzeria record for the sale of the pizza to Stacey? Round your answer to two decimal places. c. Did Rosa & Gene's Pizzeria incur a liability when it placed the $2-off coupon advertisement in the newspaper?

a. How much change should Stacey receive from the delivery person? Round your answer to two decimal places. $ b. How much would Rosa & Gene's Pizzeria record for the sale of the pizza to Stacey? Round your answer to two decimal places. c. Did Rosa & Gene's Pizzeria incur a liability when it placed the $2-off coupon advertisement in the newspaper?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Sales promotions
Assume that Stacey Bauer clipped from a newspaper advertisement a coupon for $2 off
any 20" pizza from Rosa & Gene's Pizzeria. Stacey ordered a 20" pizza with three
toppings for $18.75. When the pizza arrived, Stacey gave the delivery person $20.
a. How much change should Stacey receive from the delivery person? Round your
answer to two decimal places.
b. How much would Rosa & Gene's Pizzeria record for the sale of the pizza to Stacey?
Round your answer to two decimal places.
c. Did Rosa & Gene's Pizzeria incur a liability when it placed the $2-off coupon
advertisement in the newspaper?

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