Question: 2. Your manager has asked you to complete a liability report for your loyalty program and you were provided the following information: Out of the
2.
Your manager has asked you to complete a liability report for your
loyalty program and you were provided the following information:
Out of the 340000 customers you have,
258000 decided to sign up for the program.
Collectively, they have earned 14000000 points.
Collectively, they have used 570000 points.
This cost your firm a total of $1700000.
What is your firms liability for this loyalty program?
Question 2 options:
a) 1630785
b) $152687
c) $241578
d) 110325
3.
Your manager has asked you to complete a liability report for your
loyalty program and you were provided the following information:
Out of the 490000 customers you have,
314000 decided to sign up for the program.
Collectively, they have earned 7500000 points.
Collectively, they have used 7250000 points.
This cost your firm a total of $1600000.
What is your firms liability for this loyalty program?
Question 3 options:
a) $53333.33
b) $12475
c) $52768
d) $75869
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