Re: [AGA-sc] noise pain n suffering reim question

From a financial and accounting standpoint, the one doesn't follow from the other.

The discount isn't a cost of the DVD; if the discount was offered, as I'm now guessing, as a convention benefit, then it's a cost of the convention. But this doesn't have to get complicated. Any reasonable estimate is worthy, approximate value times estimated number of persons that will acutally use the discount.

I missunderstood that the discount was a noise compensation. I understand now that it is not.

RE distribution of the liquidated damages. we could do that in any of a number of ways -- for example, we could grant an extra 6 or 9 months of TAG to convention registrants -- in effect, forcing the number of foks that take advantage of the arrangement *and* fixing the value. That would be rather definitive and no cost to AGA since it would be covered by some or all of the liquidated damages from the hotel. For example, if 9-moht extensions were used, you'd have 103registrants*$18foregone revenues*.75year = $1390, with a remainder of $409 in liquidated damages remaining with AGA2K6.

Have we offered the convention discount in prior years. I don't remember.

----- Original Message ----
From: Cheryl Rogers <cheryl@wilstream.com>
To: Aquatic Gardeners Association Board <aga-sc@thekrib.com>
Sent: Monday, November 20, 2006 10:12:27 AM
Subject: Re: [AGA-sc] noise pain n suffering reim question

> CR said we gave folks a discount. We should have made that a fixed
> amount and accrued the liability as a charge to AGA2K6. What discount
> did we offer? I need to estimate the amount to charge against AGA2K6.

We offered 10% off the 2006 convention DVD via special web site link
when it becomes available, hopefully in time for Christmas gift-giving.
We don't know the final price of this DVD, because we don't know how
many disks it will be. This offer was in the program.

I don't think this should be an AGA2K6 expense. I think this should be a
perk for registration and an AGA thing, unless we also plan to give DVD
*profits* to AGA2K6, and therefore SFBAAPS a cut in DVD profits. And if
we do that, do we retroactively give GWAPA a royalty on 2004 sales?
DFWAPC a royalty on 2003 DVD sales?

Cheryl
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