Four Star Fitness Club, Inc.

By Peter C. Bell

Four Star Fitness Club, Inc. - Peter C. Bell
  • Release Date: 1999-04-30
  • Genre: Business & Personal Finance

Description

The comptroller at Four Star Fitness Club must set aside a financial reserve to cover possible refunds of initiation fees to new members. The comptroller has some historical data on refund payments to assist in estimating the size of the appropriate reserve.