In the month of march, baldwin received orders of 166 units at a price of $15.00 for their product bold, and in april receives an order for 42 units of their product bold at $15.00. baldwin uses the accrual method of accounting and offers 30 day credit terms. baldwin delivers 0 units in march, 166 units in april and 42 units in may. they received payment for 166 units in april, and payment for 42 units in may. how much revenue is recognized on the march income statement from this order? how much in the april income statement? (answer in thousands)

Dan mcclure is trying to decide on how many copies of a book to purchase at the start of the upcoming selling season for his bookstore. the book retails at $28.00. the publisher sells the book to dan for $20.00. dan will dispose of all the unsold copies of the book at 75 percent off the retail price, at the end of the season. dan estimates that demand for this book during the season is normal with a mean of 100 and a standard deviation of 42. a. how many books should dan order to maximize his expected profit? b. given the order quantity in part a, what is dan's expected profit? c. the publisher's variable cost per book is $7.50. given the order quantity in part a, what is the publisher's expected profit?