Analyzing Segment Revenue Disclosures from Quarterly Data Beyond Meat disclosed the following in its Form 10-Q...

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Analyzing Segment Revenue Disclosures from Quarterly Data Beyond Meat disclosed the following in its Form 10-Q for the first quarter ended March 30, 2019. The company had its initial public offering (IPO) in May 2019. The Company's net revenues by platform and channel are included in the tables below: For Three Months Ended (in thousands) March 30, 2019 March 31, 2018 Net revenues Fresh platform Frozen platform Less: discounts Net revenues $38,806 4,512 $9,596 4,748 (3,112) (1,568) $40,206 $12,776 For Three Months Ended (in thousands) March 30, 2019 March 31, 2018 Net revenues Retail Restaurant and food service Net revenues $19,579 20,627 $40,206 $9,288 3,488 $12,776 Two distributors each accounted for approximately 21% of the Company's gross revenues in the three months ended March 30, 2019; and three distributors accounted for approximately 34%, 14% and 11%, respectively, of the Company's gross revenues in the three months ended March 31, 2018. a. Calculate the average discount given to customers for the two quarters presented. Note: Round percentage (your final answer) to one decimal place (for example, enter 6.7% for 6.6555%). Average discount for quarter ended March 30, 2019: 0 % Average discount for quarter ended March 31, 2018: 0 % b. What do we observe about the level of the discounts across the two quarters? The level of discounts has from 2018 to 2019. Analyzing Segment Revenue Disclosures from Quarterly Data Beyond Meat disclosed the following in its Form 10-Q for the first quarter ended March 30, 2019. The company had its initial public offering (IPO) in May 2019. The Company's net revenues by platform and channel are included in the tables below: For Three Months Ended (in thousands) March 30, 2019 March 31, 2018 Net revenues Fresh platform Frozen platform Less: discounts Net revenues $38,806 4,512 $9,596 4,748 (3,112) (1,568) $40,206 $12,776 For Three Months Ended (in thousands) March 30, 2019 March 31, 2018 Net revenues Retail Restaurant and food service Net revenues $19,579 20,627 $40,206 $9,288 3,488 $12,776 Two distributors each accounted for approximately 21% of the Company's gross revenues in the three months ended March 30, 2019; and three distributors accounted for approximately 34%, 14% and 11%, respectively, of the Company's gross revenues in the three months ended March 31, 2018. a. Calculate the average discount given to customers for the two quarters presented. Note: Round percentage (your final answer) to one decimal place (for example, enter 6.7% for 6.6555%). Average discount for quarter ended March 30, 2019: 0 % Average discount for quarter ended March 31, 2018: 0 % b. What do we observe about the level of the discounts across the two quarters? The level of discounts has from 2018 to 2019.