Question

Pick 5 business (like amazon, apple...)

Each of one need:

1. Explain their revenue stream (type)

2. Explain when the revenue would be recognized ("earned") under the accrual method

3.Will there be a different gross and net sales?

4.Name 1 Cogs, if applicable

5.Name 1 variable operation expenses

6.Name 1 fixed operating expenses

Answer 1

First of all, you must provide proper data, so that we can provide you solution. But, instead of that, I want to clarify the matters you have asked for

1. Revenue stream is the source of revenues of a company. It may be recurring revenue, service revenue, project revenue

2. Revenue is calculated of accrual method. That is when the same has been received in actual basis. For example, we have made a credit sale of $10. Until the amount has not been received in actual, we can not treat it as revenue.

3. There is a difference in gross and net sales. From gross sales, sales return to be deducted to get the net sales.

4. Question is not clear

5. Electricity expenses

6. Rent, insurance premium