Lewis co. sold merchandise to adco for $43,000 and received $43,000 for that sale one month later. one week prior to receiving payment from adco, lewis made a $9,000 payment to adco for advertising services that have a fair value of $5,000. after accounting for any necessary adjustments, how much revenue should lewis co. record for the merchandise sold to adco?

Seattle bank’s start-up division establishes new branch banks. each branch opens with three tellers. total teller cost per branch is $96,000 per year. the three tellers combined can process up to 90,000 customer transactions per year. if a branch does not attain a volume of at least 60,000 transactions during its first year of operations, it is closed. if the demand for services exceeds 90,000 transactions, an additional teller is hired and the branch is transferred from the start-up division to regular operations. required what is the relevant range of activity for new branch banks

Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations.

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery