Alsup consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. alsup recognizes service revenue for financial reporting purposes when the services are performed. for tax purposes, revenue is reported when fees are collected. service revenue, collections, and pretax accounting income for 2015–2018 are as follows

The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?