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Business, 31.07.2019 19:20 caraxphernelia

In lizzie shoes’ experience, gift cards that have not been redeemed within 12 months are not likely to be redeemed. lizzie shoes sold gift cards for $18,000 during august of 2018. $4,000 of cards were redeemed in september of 2018, $3,000 in october, $2,500 in november, and $2,000 in december of 2018. in 2019 an additional $1,000 of cards were redeemed in january and $500 in february. how much gift card revenue associated with the august 2018 gift card sales would lizzie get to recognize in 2018 and 2019?

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