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Healthy Food (HF) Corp. offers a pair of hand towels to customers who send in three codes from Healthy cereal, along with $1. HF purchased
Healthy Food (HF) Corp. offers a pair of hand towels to customers who send in three codes from Healthy cereal, along with $1. HF purchased 100,000 pairs of hand towels in 2024 for $2.50 each and paid for them in cash. During 2024, HF sold one million boxes of cereal for $4 per box. HF estimates that 10% of the sales amount received from customers relates to the hand towels to be awarded. HF expects 30% of the codes to be sent in, and in 2024, 240,000 codes were redeemed
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