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What was General’s coupon liability as of December 31, 2013?

05 / 03 / 2018 Assignment

This paper circulates around the core theme of What was General’s coupon liability as of December 31, 2013? together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 45. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

General Nuisance, Inc. shipped 100 million coupons in products it sold in 2013. The coupons are redeemable for thirty cents each. General anticipates that 70% of the coupons will be redeemed. The coupons expire on December 31, 2014. There were 45 million coupons redeemed in 2013, and 30 million redeemed in 2014.

7. What was General’s coupon liability as of December 31, 2013?

8. What was General’s coupon promotion expense in 2013?

9. What was General’s coupon promotional expense in 2014? .


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