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Walmart's subsidiary Sam's Club receives rebates from merchandise suppliers after reaching a pre-specified sales volume. In what alternatives can Sam's Club report these rebates? Additionally,

Walmart's subsidiary Sam's Club receives rebates from merchandise suppliers after reaching a pre-specified sales volume. In what alternatives can Sam's Club report these rebates? Additionally, in your opinion, which of the alternative reporting methods best reflects the economic substance of the rebates? Sam's Club's consolidated balance sheet reports the following:

CURRENT ASSETS

Cash and Cash Equivalents

Short-term investments

Net Receivables

Merchandise Inventories

Other Current Assets

CURRENT LIABILITIES

Accounts Payable

Accrued Salaries and Benefits

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