Business, 27.01.2020 21:31 jlluminate5635

Muggs co. includes one coupon in each bag of dog food it sells. in return for eight coupons, customers receive a leash. the leashes cost muggs $3 each. muggs estimates that 45 percent of the coupons will be redeemed. data for 2014 and 2015 are as follows: 2014 2015 bags of dog food sold 500,000 600,000leashes purchased 18,000 22,000coupons redeemed 120,000 150,000the premium liability at december 31, 2015 is? a. $22,500.b. $39,375.c. $45,000.d. $84,375.

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