Describe THREE (3) categories of e-commerce revenue models with ONE (1) real-life example for each model. Below are the guidelines of answer. DO NOT use guidelines below as the answer of question.

Answer:

First let me list the three :
1. Affiliate marketing
2. Online advertising
3. Transaction fees
Explanation:
1. Affiliate marketing enables you to earn revenue by marketing or offering another product for sale on your site. For example, you may reference a book you read and recommend your customers get a copy for themselves. You could also set up an affiliate account and place a direct link to the book on the Amazon site, which will pay you a percentage of the sale. If you decide to participate in affiliate marketing, you\'ll need to research which companies might provide you with a financial incentive for promoting their sites on your page.
When you\'re just starting out, the money you earn from affiliate marketing may be just a small, supplemental amount. However, as traffic to your site increases, you may enjoy more substantial income.
2. Online advertising is a very popular revenue model for e-commerce businesses. In this method, companies or organizations buy advertising space on your site, provide a designed ad or written message, and then pay you for promoting their messages. Media sites, such as magazines, newspapers, and television channels typically use online advertising.
Two common types of online advertising include pay-per-click and pay-per-view, which determine how much advertisers will pay for their advertisements. While some sites charge a set fee for placing an ad, most pay a set fee for each person who clicks on a link or views a page related to the advertiser. As traffic to your site grows and more people click on an advertiser\'s link or view a related page, you\'ll earn more advertising revenue.
3. Transaction fees are the charges a company pays for using their service. If you\'ve ever sold anything on eBay, you know there\'s a set price for posting a product for sale. Each time a transaction happens, you pay a small fee to eBay for marketing your product. Whether you charge a small fee for a company to list a transaction or for someone to view a video, transaction fees can be a sizable if the traffic to the website is substantial.
Examples of the firms that use these revenue models are:
1. TDC and Orange are using Affiliate marketing .
2. Coco Cola , AMEX , Mint are using Online advertising .
3. Google (e.g. AdWords and AdSense),Facebook,New York Times (Marketing) are using Transaction fees

3. What benchmark would you use to calculate materiality? Why? ((a)Net Income, (b) Assets, (c) Revenue, or (d)Equity.) (Pick 1 letter & Explain why)

a. 5 percent to 10 percent of net income before taxes.

b. ½ percent to 1 percent of total assets.

c. ½ percent to 1 percent of total revenues.

d. ½-1 percent of total equity.

4. Would you use a higher percentage or a lower percentage for the benchmark you selected in Q3 above. (EX: 5% of Net Income vs 10% of Net Income)? Explain why?

5. Using the choices from Q3 & Q4 above calculate “overall materiality” for your audit for 2019? (ex: Benchmark %(1%) * Assets ($25m)= $250K (Overall Materiality)).

Describe how Airbnb company can make extra revenue from value added services rather than relying on fixed commission from host and guest ( 300-500 words no plagiarized content)

Personal Budget

At the beginning of the school year, Craig Kovar decided to prepare a cash budget for the months of September, October, November, and December. The budget must plan for enough cash on December 31 to pay the spring semester tuition, which is the same as the fall tuition. The following information relates to the budget:

a. Prepare a cash budget for September, October, November, and December. Use the minus sign to indicate cash outflows, a decrease in cash or cash payments.

Feedback

Sometimes an item may be a decrease in one period and an increase in a different period.

Review the definitions of static budgets and flexible budgets.

What weaknesses are shown by this cash budget?

b. Are the four monthly budgets that are presented prepared as static budgets or flexible budgets?

Static

c. What are the budget implications for Craig Kovar?

Craig can see that his present plan will not provide  sufficient cash. If Craig did not budget but went ahead with the original plan, he would be $fill in the blank 9b0586052fd4fe0_3 short  at the end of December, with no time left to adjust.

sorry about the weird code the website the assignment is on is glitched

First Saudi cinema in 35 years to open on April 18 AMC plans to open its first new movie theater in the Saudi capital of Riyadh on April 18 Some 350 cinemas with more than 2,500 screens will be opened by 2030. The Saudi Ministry of Culture and Information has signed an agreement with AMC to open around 40 cinemas in 15 cities in Saudi Arabia over the next five years. The license, the first of its kind, will allow one of the world’s largest film companies, to operate cinemas in the Kingdom. Under the license, AMC plans to open its first new movie theater in the Saudi capital of Riyadh in April 18. The company signed a memorandum of understanding with the Public Investment Fund in November 2017 to discuss potential trade cooperation opportunities. Saudi Arabia, with a population of 32 million, mostly under the age of 30, is expected to be the region’s largest market for movie theaters. Last December, the Ministry of Culture and Information announced that commercial cinemas would be allowed to operate in the Kingdom starting from 2018, for the first time in more than 35 years. Dr. Awad bin Saleh Al-Awad, Minister of Culture and Information, said that granting the first license provides important investment opportunities for the cinema industry. He pointed out that the Saudi market is large and most of the population is under the age of 30, so they are eager to watch their favorite films in their country. He added that the goal of the Kingdom’s Vision 2030 is to improve the quality of life by providing additional leisure opportunities. He pointed out that the opening of cinemas will help support the local economy and contribute to the creation of new jobs. The cinemas will not require men and women to sit separately, a source told Reuters on Wednesday. Vision 2030 has set a target of raising Saudi Arabia’s annual spending on cultural and recreational activities from 2.9% of total Saudi household spending to 6% by 2030. Adam Aron, CEO of AMC, said the company is following with great admiration the creative movement of development projects in the Kingdom to open new economic sectors. “We are looking forward to providing entertainment services that will enable everyone to spend an enjoyable time playing world-class film shows across the Kingdom. AMC’s entry into the Saudi Arabian market comes in partnership with the Public Investment Fund (PIF) through its wholly-owned Leisure Development and Investment Company. The move to allow movie theaters to open up a local market with annual ticket sales of up to $1bn is what makes other leading movie chains keen to enter as the largest market in the Gulf region. AMC Theaters is an American movie theater chain owned and operated by Wanda Group. Founded in 1920, AMC has the largest share of the American theater market ahead of Regal Entertainment Group and Cinemark Theaters.

Conduct SWOT and PESTLE (Political, Economic, Social, Technological, Legal, Environmental) Analysis for the Cinema Industry.

Discuss the challenges of Saudi Entrepreneurs to enter Cinema Industry in KSA

n 2018, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2020. Information related to the contract is as follows:

Westgate recognizes revenue over time according to percentage of completion.

Required:
1. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years.
2-a. In the journal below, complete the necessary journal entries for the year 2018 (credit "Various accounts" for construction costs incurred).
2-b. In the journal below, complete the necessary journal entries for the year 2019 (credit "Various accounts" for construction costs incurred).
2-c. In the journal below, complete the necessary journal entries for the year 2020 (credit "Various accounts" for construction costs incurred).
3. Complete the information required below to prepare a partial balance sheet for 2018 and 2019 showing any items related to the contract.
4. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following costs incurred and costs to complete information.

5. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years assuming the following costs incurred and costs to complete information.

Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years. (Do not round intermediate calculations. Loss amounts should be indicated with a minus sign.)

In the journal below, complete the necessary journal entries for the year 2018 (credit "Various accounts" for construction costs incurred). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

1. Record construction costs. / 2. Record progress billings. / 3. Record cash collections. / 4. Record gross profit (loss)

In the journal below, complete the necessary journal entries for the year 2019 (credit "Various accounts" for construction costs incurred). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

2018: 1. Record construction costs.​ / 2. Record progress billings. / 3. Record cash collections. / 4. Record gross profit (loss).

In the journal below, complete the necessary journal entries for the year 2020 (credit "Various accounts" for construction costs incurred). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

1. Record construction costs.​ / 2. Record progress billings. / 3. Record cash collections. / 4. Record gross profit (loss).

Complete the information required below to prepare a partial balance sheet for 2018 and 2019 showing any items related to the contract. (Do not round intermediate calculations.)

THIS IS WHAT I GOT...

1. The trial balance for Ewan E. Paymah, CPA as of December 31, 2014 is as follows:

Cash                                                                  5,670

Accounts Receivable                                         37,100

Inventory                                                          60,500

Supplies                                                            3,930

Prepaid Rent                                                      6,000

Furniture & Fixtures                                          26,500

Accumulated depreciation                                                                       21,200

Accounts payable                                                                                   46,340

Salary payable

Interest payable

Unearned Sales Revenue                                                                         3,500

Note Payable, long term                                                                         35,000

Ewan payamh, Capital                                                                            23,680

Ewan Paymah, withdrawals                         48,000

Sales Revenue                                                                                     346,700

Sales discounts                                          10,300

Sales returns &  Allowances                        8,200

Cost of Goods sold                                   171,770

Salary Expense                                       82,750

Rent Expense                                             7,000

Depreciation Expense

Utilities Expense                                      5,800

Supplies Expense                                   2,900

                                                         ___________                                ______________

Total                                                  $476,420                                          $476,420

                                                        ___________                                 ______________

Adjusting Entries

a. Supplies used during the year $2,580.00

b. Prepaid rent in force, (balance) $1000.00. $5000.00 used.

c. Unearned Sales Revenue, still not earned, $2400.00 (Adjustment : Unearned Sales Revenue is debited for $1100.00 and Revenue is credited for $1100.00)

d. Depreciation. The furniture & Fixtures’ estimated useful life is 10 years , and they are expected to be worthless when they are retired from service.

e. Accrued Salaries, $1,300.00. (Salary expense incurred and has not been paid for)

f. Accrued interest expense, $600.00.

G. Inventory on hand, $65,800.00

Required: As of December 31, 2014.

1. Ten column worksheet

2. Income Statement

3. Statement of Owners Equity

4. Balance sheet

(Corrected Trial Balance) The following trial balance of Wanda Landowska Company does not balance. Your review of the ledger reveals the following. (a) Each account had a normal balance. (b) The debit footings in Prepaid Insurance, Accounts Payable, and Property Tax Expense were each understated $100. (c) A transposition error was made in Accounts Receivable and Service Revenue; the correct balances for Accounts Receivable and Service Revenue are $2,750 and $6,690, respectively. (d) A debit posting to Advertising Expense of $300 was omitted. (e) A $1,500 cash drawing by the owner was debited to Owner’s Capital and credited to Cash.

Instructions

Prepare a correct trial balance. Please give explanation

You are opening a pizzeria, and you have access to a secret survey of MSU students that reveals local pizza demand to be described by this function: Qp = 150 - 30Pp + 10Pj - 5GI, where Qp is the number of slices of pizza demanded, P_P is price of pizza, P_J is price of peanut butter and jelly sandwiches, and GI is the population of gluten intolerant individuals. For the 5 short-answer questions below, give answers in order with no dollar signs and decimal accuracy as indicated. Use negative signs if appropriate.

1) At Qp = 75 and Pp = 2.50, what is Total Revenue (in whole dollars, no dollar sign)?

2) At Qp = 75 and Pp = 2.50, what is own price elasticity of demand (2 decimal places)?

3) At Qp = 90 and Pp = 2.00, what is Total Revenue (in whole dollars, no dollar sign)?

4) At Qp = 90 and Pp = 2.00, what is own price elasticity of demand (2 decimal places)?

5) At what own-price elasticity do you expect total revenue to be highest for a linear demand function like this one (2 decimal places)?