olombo Coffee sells gift cards that can be used at its 55 branches. During 2020, customers purchased $25,000 of gift cards, of which $3,000 were redeemed during 2021. It is estimated that a balance of $1,500 of cards sold in 2020 remains unused as of the end of 2021, and Colombo determines that this amount will never be redeemed, based on historical experience. During 2021, Colombo further sold $32,000 of gift cards, of which $26,000 were redeemed and $6,000 remain unused but may be used by customer in 2022. Required: How much gift card revenue should Colombo recognize in 2021
Answers: 3
Business, 22.06.2019 04:00
Last week paul, ceo of quality furniture in south carolina, traveled to europe to visit customers. while overseas, paul checked his e-mail daily and showed his company's website to customers, explaining how the website will them place orders and receive merchandise more quickly. after visiting the last customer friday morning, paul was able to return to the corporate office in south carolina to meet with his board of directors that night. is the "shrinking" of time and space with air travel and electronic media.
Answers: 1
Business, 22.06.2019 07:30
Which two of the following are benefits of consumer programs
Answers: 1
Business, 22.06.2019 12:30
Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.
Answers: 1
olombo Coffee sells gift cards that can be used at its 55 branches. During 2020, customers purchased...
Mathematics, 28.09.2020 05:01
English, 28.09.2020 05:01
Business, 28.09.2020 05:01
Chemistry, 28.09.2020 05:01
English, 28.09.2020 05:01
English, 28.09.2020 05:01
Mathematics, 28.09.2020 05:01
Mathematics, 28.09.2020 05:01
Mathematics, 28.09.2020 05:01
Mathematics, 28.09.2020 05:01
History, 28.09.2020 05:01