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Carrefour released an application that allows customers to collects points 2 points for each purchase they make. For each purchase of $20. the customer gets
Carrefour released an application that allows customers to collects points 2 points for each purchase they make. For each purchase of $20. the customer gets 1 point. The customer can get a discount of $0.75 per 1 point on future purchases. During the year of 2019, customers collected 150.000 points, and based on past statistics, Carrefour assumes that 95% of customers will use these points for future discounts. Based on the above Information, determine the amount of liability Carrefour should recognize in the statement of financial position on 31/12/2019 (SHOW CALCULATIONS)
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