Question

Yahoo frequently sells advertising space to companies that adver-tise on Yahoo websites. Are these ad buyers...

Yahoo frequently sells advertising space to companies that adver-tise on Yahoo websites. Are these ad buyers customers? Use ASC 606-10 to respond.

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

As per section 606-10,

  1. There has to be contracts with customers alongwith Principal and Agent relationship between seller and customer
  2. Specified goods or services must be identified.
  3. The seller is in complete control of the goods or services.
  4. The right on the goods and services are transferred to the customer.

At Yahoo, the space on the website for the advertisement is been sold out with all the requirements of Section 606-10, so the entity to whom the space is sold out should be called the customer of yahoo.com.

The Yahoo is the owner of the website space and have control on it, which is transferred to the buyer to display their advertisements.

==============

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Blendit (BLD) manufactures cordless mixers for use in the kitchens of consumers. BLD sells to retailers,...
Blendit (BLD) manufactures cordless mixers for use in the kitchens of consumers. BLD sells to retailers, which sell the mixers to the ultimate consumer. One of BLD's retail customers is Chef's Toolbox (CTX). On January 1, BLD sells to and receives payment from CTX for 100 cordless mixers with a one-year warranty for $50 each. BLD delivers the mixers to CTX upon receipt of payment, and the warranty is initiated at that time as well by BLD. This warranty provides...
1. Should content providers and advertisers panic because of ad blocking technology, or will consumers figure...
1. Should content providers and advertisers panic because of ad blocking technology, or will consumers figure out that the internet will collapse without advertising revenue? With the rise of Adblockers becoming more significant in everyday use content providers are understandably going to become panicked. From the webpage ‘Native Advertising Institute they explain just how much the use of Adblockers has increased. “eMarketer predicts 1 of every 3 Internet users will use ad blockers by 2017, more than twice the 15%...
Question 6 Why would a companies spend over $1 million for a 30-second ad on television...
Question 6 Why would a companies spend over $1 million for a 30-second ad on television during the Super Bowl?                 because the Super Bowl is a significant opportunity to be associated with global marketing                 because the Super Bowl offers an opportunity to create significant brand awareness                 because Super Bowl ads generate brand loyalty                 because of the annual competition for the most creative Super Bowl ad                 there is no good reason Question 7 United Airlines Credit...
Company Case Allstate: Bringing Mayhem to the Auto Insurance Advertising Wars In the spring of 1950,...
Company Case Allstate: Bringing Mayhem to the Auto Insurance Advertising Wars In the spring of 1950, the teenage daughter of Allstate general sales manager Davis Ellis was stricken with hepatitis shortly be- fore she was to graduate from high school. The worried executive arrived home from work one evening just as his wife returned from the hospital where their daughter was admitted. As he met her at the front door, his wife reported, “The hospital said not to worry. ....
Case stydy - customers Businesses of all sizes are finding Facebook, Twitter, and other social media...
Case stydy - customers Businesses of all sizes are finding Facebook, Twitter, and other social media to be powerful tools for engaging customers, amplifying product messages, discovering trends and influencers, building brand awareness, and taking action on customer requests and recommendations. Half of all Twitter users recommend products in their tweets. About 1.6 billion people use Facebook, and more than 30 million businesses have active brand pages, enabling users to interact with the brand through blogs, comment pages, contests, and...
CASE STUDY - Customers Businesses of all sizes are finding Facebook, Twitter, and other social media...
CASE STUDY - Customers Businesses of all sizes are finding Facebook, Twitter, and other social media to be powerful tools for engaging customers, amplifying product messages, discovering trends and influencers, building brand awareness, and taking action on customer requests and recommendations. Half of all Twitter users recommend products in their tweets. About 1.6 billion people use Facebook, and more than 30 million businesses have active brand pages, enabling users to interact with the brand through blogs, comment pages, contests, and...
After reading the following article, how would you summarize it? What conclusions can be made about...
After reading the following article, how would you summarize it? What conclusions can be made about Amazon? Case 12: Amazon.com Inc.: Retailing Giant to High-Tech Player? (Internet Companies) Overview Founded by Jeff Bezos, online giant Amazon.com, Inc. (Amazon), was incorporated in the state of Washington in July 1994, and sold its first book in July 1995. In May 1997, Amazon (AMZN) completed its initial public offering and its common stock was listed on the NASDAQ Global Select Market. Amazon quickly...
Answer these questions for the case study: Purple Innovation, Inc.: The Online to Offline Marketing Challenge...
Answer these questions for the case study: Purple Innovation, Inc.: The Online to Offline Marketing Challenge (a) Delineate what marketing data analytics and metrics were used by Purple Innovation, Inc to assess the effectiveness of their marketing actions and marketing campaigns. (There are many.) Within your answer, provide the type of analytics and /or metrics and for each one, and, for each one, an example of specific dollars, numbers, percentages that were provided in the case. (Be sure to include...
Read the case below and answer the questions that follow. P&G's Joy Makes an Unlikely Splash...
Read the case below and answer the questions that follow. P&G's Joy Makes an Unlikely Splash in Japan Anyone who thinks Japan doesn't offer opportunities for U.S consumer products should look at how quickly Procter & Gamble Co. has cleaned up in the country's dish-soap market. Until 1995, P&G, didn't sell dish soap in Japan at all. A few years later, it had Japans best-selling brand, Joy, which commanded a fifth of the nation's $400 million dish- soap market. That's...
Total utility can be objectively measured in numbers that indicate usefulness or benefit to the consumer....
Total utility can be objectively measured in numbers that indicate usefulness or benefit to the consumer. ____ 2. Consumers should purchase quantities of a good to the point where MU > P. ____ 3. Voluntary exchange requires that there must be mutual gain. ____ 4. Points along a budget line represent the maximum combinations of two commodities that a consumer can afford. ____ 5. The budget line represents a consumer's preferences for a commodity. ____ 6. A change in consumer...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT