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sales, Letourneau Inc., a public company following IFRS, implemented a customer loyalty program that rewards a customer with one loyalty point for every $ 3
sales, Letourneau Inc., a public company following IFRS, implemented a customer loyalty program that rewards a customer with one loyalty point for every $ of merchandise purchased. Each point is redeemable for a $ discount on any purchases of Letourneau merchandise in the next three years. After the program launched, during customers bought merchandise for $all products are sold to provide a gross profit and earned points redeemable for future purchases. The standalone selling price of the merchandise sold is $ Based on prior experience with incentive programs like this, Letourneau expects points to be redeemed related to these sales.
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