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CURRENT LIABILITIES

COUPONS
Items sold x % expected to be
redeemed =
Est. Items expected to be redeemed
(Items redeemed)___
Items expected to be redeemed
/ # of coupons per items___
Premium to be distributed
x Net Cost_____
Estimated Premium Liability


POINTS (Cumulative)
Revenue earned
YR1 cost of points x YR1 points redeemed_____
expected to be redeemed, YR1
= Y1 Y1
YR2cost of points x YR1 + YR2 points redeemed _
expected to be redeemed, YR2
= Y1 + Y2 Y2_

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