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Business, 13.07.2019 03:10 kbuhvu

During 2018, deluxe leather goods issued 718,000 coupons which entitles the customer to a $5.70 cash refund when the coupon is submitted at the time of any future purchase. deluxe estimates that 72% of the coupons will be redeemed. 269,000 coupons had been processed during 2018. at december 31, 2018, deluxe should report a liability for unredeemed coupons of:

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