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Close Points: 1 of 1 E-Z Electronics is running a video game promotion. For every 5 video games purchased the customer receives a coupon upon

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Close Points: 1 of 1 E-Z Electronics is running a video game promotion. For every 5 video games purchased the customer receives a coupon upon checkout to receive a bee game. The coupons espere in one year -7 of its video game customers will qualify to receive a coupon. In the past, the store has recognized a gross profit margin of 15% of the selling price on video games. What would the expected redempton percentage o the premium expense and related contingent liability? (Remember to use the gross profit margin to arrive at cost) A 16% of total video game sales OB 20% of total video game sales 8.5% of total video game sales OD 5% of total video game sales

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