Describe, using supply, demand and market equilibrium what happened to the market for N95 masks when a global pandemic hit in 2020. Assume as a starting point for simplicity that prior to the pandemic, the market equilibrium price of N95 masks was $1 each and the market equilibrium quantity was 10 million. You can make-up your own numbers to represent any changes. Provide the following:
A complete graph with all lines and axes labeled, including equilibrium price, quantity as a starting point (before the changes noted below happened)
If either curve shifts, you must tell us the variable of supply (e. g., price of inputs went up, number of suppliers increased, etc.) or demand (incomes increased, expectation that "X" would be hard to get in the future, etc.) that shifted.
Using the same graph or a different graph, show the change in equilibrium after the market changes. Be sure to identify what happened to equilibrium price and quantity.

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Ming chen began a professional practice on june 1 and plans to prepare financial statements at the end of each month. during june, ming chen (the owner) completed these transactions. a. owner invested $61,000 cash in the company along with equipment that had a $25,000 market value. b. the company paid $1,900 cash for rent of office space for the month. c. the company purchased $15,000 of additional equipment on credit (payment due within 30 days). d. the company completed work for a client and immediately collected the $2,100 cash earned. e. the company completed work for a client and sent a bill for $7,000 to be received within 30 days. f. the company purchased additional equipment for $5,500 cash. g. the company paid an assistant $3,000 cash as wages for the month. h. the company collected $5,200 cash as a partial payment for the amount owed by the client in transaction e. i. the company paid $15,000 cash to settle the liability created in transaction c. j. owner withdrew $1,500 cash from the company for personal use. required: enter the impact of each transaction on individual items of the accounting equation. (enter decreases to account balances with a minus sign.)

You are president of a large corporation. at a typical monthly meeting, each of your vice presidents gives standard area reports. in the past, these reports have been good, and the vps seem satisfied about their work. based on situational approach to leadership, which leadership style should you exhibit at the next meeting?

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)