Common stock ($10 par value); no changes in account during the year. shares authorized: 200,000. shares issued: (all shares were issued at $17 per share; $2,125,000 total cash collected). treasury stock: 3,000 shares (repurchased at $20 per share). the treasury stock was acquired after a stock split was announced. net income: $240,340. dividends declared and paid: $123,220. retained earnings beginning balance: $555,000. determine the number of authorized share.

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?