Question: Your manager has asked you to complete a liability report for your loyalty program and you were provided the following information: the firm owed 1000000

Your manager has asked you to complete a liability report for your

loyalty program and you were provided the following information:

the firm owed 1000000 points,

at a cost of $0.03 per point

where 50% of your customers had used their points.

What if your firms liability?

$25000

$15000

$10000

$36000

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