TCO D) An electronics store is running a promotion in which, for every video game purchased, the customer receives a coupon upon checkout to purchase…
TCO D) An electronics store is running a promotion in which, for every video game purchased, the customer receives a coupon upon checkout to purchase a second game at a 50% discount. The coupons expire in one year. The store normally recognizes a gross profit margin of 40% of the selling price on video games. How would the store account for a purchase using the discount coupon?
