In the Month of March, Chester received orders of 101 units at a price of $15.00 for their product Cute. Chester uses the accrual method of accounting and offers 30 day credit terms. Chester delivers 101 units in April. They received payment for 51 units in March, and 51 units in April. In the March income statement, how much revenue is recognized on the March income statement from this order? How much in the April Income statement? a. $780, $780.b. $1,560, $780.c. $2,340, 0.d. 0, $2,340.

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?