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On day one, you gave a gift certificate from Amazon to your dog trainer. You paid $20 for the gift certificate. Amazon's experience is that
On day one, you gave a gift certificate from Amazon to your dog trainer. You paid $20 for the gift certificate. Amazon's experience is that on average ten percent of the value of its gift certificates is not redeemed. On day two, your dog trainer used the certificate to purchase $10 of Snausages from Amazon. How much revenue should Amazon recognize on day one and day two
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