1.25 points Calo Frosted Flakes Company offers its customers a pottery cereal bowl if they...
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1.25 points Calo Frosted Flakes Company offers its customers a pottery cereal bowl if they send in 3 boxtops from Calo Frosted Flakes boxes and 61.00 . The company estimates that 60% of the boxtops will be redeemed. In 2022, the company sold 675,000 boxos of Frosted Flakes and customers redeemed 330,000 boxtops. If the bowis cost Calo Company 2.50 each, how much liability for outatanding premiums should be recorded at the end of 2022 ? i 25,000 a. 37,500 c. 62,500 p. 87,500
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