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In 2018, a wholesale retail store's executive members redeemed rewards for $175 million. The accrued member awards for 2018 were $1,180 million according to the
In 2018, a wholesale retail store's executive members redeemed rewards for $175 million. The accrued member awards for 2018 were $1,180 million according to the companys consolidated balance sheet. What was the effect of the loyalty scheme on the retail store 2018 revenues? Explain.
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