Serine wants to improve her knowledge about stocks. Which statement will help her understand the effect of demand and supply on the value of stocks? A. If the demand exceeds the supply, the value of stocks will decrease.
B. If the supply matches the demand, the value of stocks will increase.
C. If the supply exceeds the demand, the value of stocks will increase.
D. If the demand exceeds the supply, the value of stocks will increase.
E. If the supply matches the demand, the value of stocks will decrease.

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?