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In Lizzie Shoes' experience, gift cards that have not been redeemed within 12 months are not likely to be redeemed. Lizzie Shoes sold gift cards

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In Lizzie Shoes' experience, gift cards that have not been redeemed within 12 months are not likely to be redeemed. Lizzie Shoes sold gift cards for $18,800 during August of 2018. $5,400 of cards were redeemed in September of 2018, $3,580 in October, $2,550 in November, and $2.160 in December of 2018. In 2019 an additional $1,530 of cards were redeemed in January and $855 in Februany How much gift card revenue associated with the August 2018 gift card sales would Lizzie get to recognize in 2018 and 2019 Revenu 2018 2019

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