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  • Soal Contingent Liabilities

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    Rizky Aji
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    Loptien Company places one coupon in each box of its Alladin breakfast cereal, with five coupons redeemable for a children's hand puppet premium. In 2013, the company purchased 40,000 puppets for $1.50 each and sold 480,000 cereal boxes for $3.75 per box as part of a promotional campaign.

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    soal contingent liabilities

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    soal contingent liabilities

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    Loptien Company places one coupon in each box of its Alladin breakfast cereal, with five coupons redeemable for a children's hand puppet premium. In 2013, the company purchased 40,000 puppets for $1.50 each and sold 480,000 cereal boxes for $3.75 per box as part of a promotional campaign.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    83 views4 pages

    Soal Contingent Liabilities

    Uploaded by

    Rizky Aji
    Loptien Company places one coupon in each box of its Alladin breakfast cereal, with five coupons redeemable for a children's hand puppet premium. In 2013, the company purchased 40,000 puppets for $1.50 each and sold 480,000 cereal boxes for $3.75 per box as part of a promotional campaign.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    P13-8 (Premium Entries) To stimulate the sales of its Alladin breakfast cereal, Loptien Company places 1

    coupon in each box. Five coupons are redeemable for a premium consisting of a children’s hand puppet. In
    2013, the company purchases 40,000 puppets at $1.50 each and sells 480,000 boxes of Alladin at $3.75 a box.

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