C. Assume that Seifert Stores Inc. sold $25,000,000 of merchandise in February, which generated 12,500,000 printed sales receipts. The merchandise sold cost $16,500,000. Siefert Stores Inc. estimates that 15% of the $2-off coupons printed in February will be redeemed before they expire April 30. What is the balance of Estimated Coupons Payable on April 30? 25,000,000 X Feedback Accounting numeric field Check My Work Total Estimated Coupons Payable accrued less amount of coupons redeemed.

c. Assume that Sefert Stores Inc, sold $25,000,000 of merchandise in February, which generated 12,500,000 printed sales receipts. The merchandise sold cost $16,500,000. Siefert Stores Inc estimates that 154 of the $2-off eoupons printed in February witf be redeemed before they expire April 30 , What is the balance of Estimated Coupons. Payable on April 30? ? s x