Saran digital, inc. starts the year with $3,500 in its estimated warranty payable account. during the year, there were $226,000 in sales and $5,000 in warranty repair payments. saran digital estimates warranty expense at 4% of sales. the warranty expense for the year is

Unlike the market for shirts at the local department store, the market for securities can experience significant upswings and downswings in values in the same day. program trading allows for thousands of trades to occur simultaneously. to prevent large, sudden drops in the value of securities markets, electronic systems rely on to temporarily close program trading. subprime markers circuit breakers price-points bear markets