The Rink Offers Annual $200 Memberships That Entitle Members to Unlimited

question 210

Essay

The Rink offers annual $200 memberships that entitle members to unlimited use of ice-skating facilities and locker rooms. Each new membership also entitles the member to receive ten "20% off a $5 meal" coupons that are redeemable at the Rink's snack bar. The Rink estimates that approximately 80% of the coupons will be redeemed, and that, if the coupons weren't redeemed, $5 meals still would be discounted by 5% because of ongoing promotions.
-Calculate how much of the transaction price should be allocated to each performance obligation in the contract. Show your work.

Understand the nutrient cycling process in marine ecosystems.

Distinguish between eutrophic and oligotrophic lakes based on nutrient levels.

Describe the factors affecting biodiversity and productivity in the open sea.

Identify the role and types of plankton in marine ecosystems.

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Definitions:

Self-Determination Theory

The theory that people need to feel at least some degree of autonomy and internal motivation.

Error Management Theory

A theory suggesting that when making decisions under uncertainty, people are biased toward making the less costly error.

Action Identification Theory

A theory suggesting that how individuals identify and think about their actions affects how they perform and experience those actions.

Temporal Discounting

The bias towards valuing rewards received right away more than those in the future.