need answers for a-e, answer options are shown in drop down boxes
Interpreting Revenue Recognition Disclosure for Multi-channel Retailer Amuzon.com reports the following in footnotes to its 2018 Financial statements. We serve consumers through our online and physical stores and focus on selection, price and convenience. We design our stores to enable hundreds of millions of unique products to be sold by us and by third parties across dozens of product categories. Customers access our offerings through our websites, mobile apps, Alexa, and physically visiting our stores We also manufacture and sell electronic devices, including Kindle e-readers, Fre tablets, Fire TVs, and Echo devices, and we develop and produce media content. In addition, we offer Amazon Prime, a membership program that includes unlimited free shipping on over 100 million items, access to unlimited streaming of thousands of movies and TV episodes, and other benefits For each of the following revenue streams, list the nature of the performance obligation and when Amazon would recognize revenue for that performance obligation Performance When Revenue Obligation is Recented Online sale of merchandis owned by Arzen Deliver gode to customer. When customer orders placed Online sale of merchandiswned by third parties The customer order When cutomer physical poon of good Salfa indie rider Delwr code to customer As the informed Provide specified As the service performed Collecting cash for an Amazon Prime membership Collect customer payment when event in care Sale of media content such as a movie avtable for download Provide specified rice Over specified period Le revenue to Performance When Revenue Obligation is Recognized a Online sale of merchandise owned by Amazon Deliver good(s) to customer When customer order is placed b. Online sale of merchandise owned by third parties Take customer order e When customer takes physical possession of goods) Sale of a Kindle e-reader Deliver good(s) to customer As the service is performed Provide specified service As the service is performed d. Collecting cash for an Amazon Prime membership Collect customer payment When revenue is earned e Sale of media content such as a movie available for download Provide specified service over specified period Collect customer payment Deliver good(s) to customer Provide specified service Take customer order Save Answers Un anu when Amazon would recognize revenue for Performance When Revenue Obligation is recognized a. Online sale of merchandise owned by Amazon Deliver good) to customer When customer order is placed . b. Online sale of merchandise owned by third parties Take customer order When customer takes physical possession of goods) Sale of a Kindle e-reader Deliver goods) to customer As the service is performed Provide specified service As the service is performed d. Collecting cash for an Amazon Prime membership Collect customer payment. When revenue is earned e. Sale of media content such as a movie available for download Provide specified service . Over specified period As the service is performed Over specified period When customer order is placed Save Answers When customer takes physical possession of good(s) When revenue is earned Interpreting Revenue Recognition Disclosure for Multi-channel Retailer Amuzon.com reports the following in footnotes to its 2018 Financial statements. We serve consumers through our online and physical stores and focus on selection, price and convenience. We design our stores to enable hundreds of millions of unique products to be sold by us and by third parties across dozens of product categories. Customers access our offerings through our websites, mobile apps, Alexa, and physically visiting our stores We also manufacture and sell electronic devices, including Kindle e-readers, Fre tablets, Fire TVs, and Echo devices, and we develop and produce media content. In addition, we offer Amazon Prime, a membership program that includes unlimited free shipping on over 100 million items, access to unlimited streaming of thousands of movies and TV episodes, and other benefits For each of the following revenue streams, list the nature of the performance obligation and when Amazon would recognize revenue for that performance obligation Performance When Revenue Obligation is Recented Online sale of merchandis owned by Arzen Deliver gode to customer. When customer orders placed Online sale of merchandiswned by third parties The customer order When cutomer physical poon of good Salfa indie rider Delwr code to customer As the informed Provide specified As the service performed Collecting cash for an Amazon Prime membership Collect customer payment when event in care Sale of media content such as a movie avtable for download Provide specified rice Over specified period Le revenue to Performance When Revenue Obligation is Recognized a Online sale of merchandise owned by Amazon Deliver good(s) to customer When customer order is placed b. Online sale of merchandise owned by third parties Take customer order e When customer takes physical possession of goods) Sale of a Kindle e-reader Deliver good(s) to customer As the service is performed Provide specified service As the service is performed d. Collecting cash for an Amazon Prime membership Collect customer payment When revenue is earned e Sale of media content such as a movie available for download Provide specified service over specified period Collect customer payment Deliver good(s) to customer Provide specified service Take customer order Save Answers Un anu when Amazon would recognize revenue for Performance When Revenue Obligation is recognized a. Online sale of merchandise owned by Amazon Deliver good) to customer When customer order is placed . b. Online sale of merchandise owned by third parties Take customer order When customer takes physical possession of goods) Sale of a Kindle e-reader Deliver goods) to customer As the service is performed Provide specified service As the service is performed d. Collecting cash for an Amazon Prime membership Collect customer payment. When revenue is earned e. Sale of media content such as a movie available for download Provide specified service . Over specified period As the service is performed Over specified period When customer order is placed Save Answers When customer takes physical possession of good(s) When revenue is earned
