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Sweat-astic Inc. (SI) operates an upscale fitness club offering two membership options:
Revenue for all memberships is recognized when received. There are no separate fees for fitness classes offered at SI. SI reports under ASPE.
Required:
Analyze the accounting issue(s) and outline the following:
1. Discuss the meaning of Lean operations
Be sure to develop your draft using your own ideas about the change in your field of study (Business Management and Administration) you are writing about.
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