Given the level of activity in each revenue stream, compare the amount of revenue expected from...
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Given the level of activity in each revenue stream, compare the amount of revenue expected from each revenue stream with their actual revenue. Is TechMall getting their expected revenue from each of the revenues streams? TRANSACTION REVENUE Transaction Dollars Expected Transaction Revenue (2%) Actual Transaction Revenue TOTAL DISCREPANCY SETUP FEE REVENUE Merchant Setups Expected Setup Revenue (x $750) Actual Setup Revenue TOTAL DISCREPANCY Year 2 $769,823 $15,396 $15,397 $1 Year 3 $12,616,436 $252,329 $248,632 ($3,697) Year 4 $87,470,566 $1,749,411 $1,577,520 ($171,891) Year 2 Year 3 Year 4 2,676 4,751 4,883 $2,007,000 $3,563,250 $3,662,250 $1,948,063 $3,088,564 $2,831,109 ($58,937) ($474,686) ($831,141) Given the level of activity in each revenue stream, compare the amount of revenue expected from each revenue stream with their actual revenue. Is TechMall getting their expected revenue from each of the revenues streams? TRANSACTION REVENUE Transaction Dollars Expected Transaction Revenue (2%) Actual Transaction Revenue TOTAL DISCREPANCY SETUP FEE REVENUE Merchant Setups Expected Setup Revenue (x $750) Actual Setup Revenue TOTAL DISCREPANCY Year 2 $769,823 $15,396 $15,397 $1 Year 3 $12,616,436 $252,329 $248,632 ($3,697) Year 4 $87,470,566 $1,749,411 $1,577,520 ($171,891) Year 2 Year 3 Year 4 2,676 4,751 4,883 $2,007,000 $3,563,250 $3,662,250 $1,948,063 $3,088,564 $2,831,109 ($58,937) ($474,686) ($831,141)
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1 Transaction revenue Year 2 Expected Transaction Revenue 15396 Actual Transaction Revenue 15397 Dis... View the full answer
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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