The following transactions pertain to the operations of Ewing Company for Year 2: Acquired $30,000 cash from the issue of common stock. Provided $65,000 of services on account. Paid $22,000 cash on accounts payable. Performed services for $8,000 cash. Collected $51,000 cash from accounts receivable. Incurred $37,000 of operating expenses on account. Paid $6,500 cash for one year’s rent in advance. Paid a $4,000 cash dividend to the stockholders. Paid $1,200 cash for supplies to be used in the future. Recognized $3,100 of accrued salaries expense.

Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?