subject
Business, 15.07.2019 20:20 lexiecooley

As part of a promotion campaign, funzy cereal includes one coupon in each issue of various national magazines and offers a toy car in exchange for $1.20 and four coupons. the cars cost funzy $1.70 each. experience indicates that 40% of the coupons eventually will be redeemed. during the last month of 2018, the first month of the offer, 13.00 million coupons were distributed and 2.70 million of the coupons were redeemed. what amount should funzy report as a promotional expense for coupons on its december 31, 2018, income statement?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:30
rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is
Answers: 2
question
Business, 22.06.2019 08:00
Who is not spending wisely? erika goes shopping and saves her receipts. she totals how much she spent and writes it down. mia needs to buy a new pair of shoes because she joined the soccer team. she looks at newspaper ads to find the best price. lauren has been thinking about getting a puppy for a long time. she walks by the pet store at the mall and decides to get a puppy. erin makes a purchase online using a credit card. she knows that she can pay the entire bill when it arrives.
Answers: 2
question
Business, 22.06.2019 10:50
Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?
Answers: 2
question
Business, 22.06.2019 13:40
A.j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a.j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a.j. could have probably handled. a.j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a.j. was recognizing the culture at idle time gaming.
Answers: 3
You know the right answer?
As part of a promotion campaign, funzy cereal includes one coupon in each issue of various national...
Questions
Questions on the website: 13722367