Number 19 please thanks 19. Funzy Cereal includes one coupon in each...
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Number 19 please thanks 
19. Funzy Cereal includes one coupon in each package of Wheatos that it sells and offers a toy car in exchange for $1.00 and three coupons. The cars cost Funzy $ 1.50 each. Experience indicates that 40% of the coupons eventually will be redeemed. During the last month of 2013, the first month of the offer, Funzy sold 12 million boxes of Wheat and 2.4 million of the coupons were redeemed. What amount should Funzy report as a promotional expense for coupons on its December 31, 2013, income statement? 20. Bencorp issues a $90,000, 6-month. noninterest-bearing note that the bank discounted
Number 19 please thanks
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