Meet Harmony, an upscale boutique offering elegant gift cards redeemable for luxurious products. In 2025, Harmony sold $4,500,000 worth of gift cards, and customers redeemed $4,000,000 of the gift cards for their desired items. By December 31, 2025, Harmony determined that $250,000 of the remaining gift cards would unlikely be redeemed. How much gift card revenue should Harmony recognize in 2025?

Answer rating: 100% (QA)

To determine how much gift card revenue Harmony should recognize in 2025 we need to follow the guid... View the full answer