Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year. Beginning Inventory Ending Inventory Finished goods (units) 23,000 33,000 Raw material (grams) 53,000 43,000 Each unit of finished goods requires 2 grams of raw material. The company plans to sell 180,000 units during the year. The number of units the company would have to manufacture during the year would be: a) 213,000 units b) 190,000 units c) 180,000 units d) 127,000 units

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

How supply and demand work together to reach the equilibrium price in the marketplace? give at least a paragraph. you!

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.