"Process costing is like rolling a snowball into a snowman." Do
you agree with this statement? If you agree, explain why (maximum
100 words).

Answers

Answer 1

Process costing and rolling a snowball into a snowman have a similarity in the sense that both involve incremental additions to an initial entity.

In process costing, production costs are accumulated and allocated to each production unit incrementally as it passes through various stages of production. Similarly, when rolling a snowball into a snowman, it starts small and gathers more snow, incrementally building up its size and shape.

Both process costing and rolling a snowball require careful attention to detail and consistent effort to ensure a successful outcome. In the end, both result in a finished product that is the sum of its incremental parts.

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Related Questions

The steps used by businesses to develop a customer profile survey include___.

O market research
O surveys
O marketing mix
O individualize

The steps used by businesses to develop a customer profile survey include___.O market researchO surveysO

Answers

Answer:

A,B, D:

Market Research

Surveys

Individualize

I just got a 100 on this quiz

The steps used by businesses to develop a customer profile survey include___.O market researchO surveysO

The steps used by businesses to develop a customer profile survey include surveys.

What are Surveys?

In order to gather information about a service, product, or process, a survey is described as the act of looking at a process or questioning a predetermined sample of people.

Surveys used to gather data ask a specific set of people about their beliefs, actions, or knowledge.

Further Surveys provide a rich collected data or learning ability more in areas like demography and social research. Survey research is frequently used to evaluate ideas, beliefs, and emotions. Surveys may have narrow, specialized objectives or they may have more general, extensive objectives.

Therefore for business to develop customer profile survey they start with market survey & make results out of it.

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compared to budgeting, long-range planning generally has the

Answers

Compared to budgeting, long-range planning generally has a broader focus and looks farther into the future.

While budgeting is focused on allocating funds for specific time periods (usually a year), long-range planning involves setting goals and strategies for the organization's overall growth and sustainability over a period of several years.

Long-range planning considers factors such as market trends, technological advancements, and potential risks, and aims to create a roadmap for the organization's success in the long-term.

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b. Use the opportunity cost principle to determine each of your comparative advantages. c. If you each agree to spend one more hour on the task for which you hold a comparative advantage, and one less hour on the other task, what will happen to your joint output? Solution 3 a. First, determine how much each person produces in each task.

Answers

Your opportunity cost of finishing graphing questions is 20 minutes of essay questions, while Deidre's opportunity cost of finishing graphing questions is 30 minutes of essay questions.

a. Opportunity cost refers to the value of the next best alternative that must be given up in order to pursue a certain action. In this case, your opportunity cost of answering essay questions is 30 minutes of graphing questions, since it takes Deidre 20 minutes to write an essay of similar quality. Deidre's opportunity cost of answering essay questions is 15 minutes of graphing questions, since it takes you 15 minutes to write an essay of similar quality. Similarly, your opportunity cost of finishing graphing questions is 20 minutes of essay questions, while Deidre's opportunity cost of finishing graphing questions is 30 minutes of essay questions.

b. Using the opportunity cost principle, we can determine each of your comparative advantages. Your comparative advantage is in answering essay questions since your opportunity cost of doing so is lower than Deidre's. Deidre's comparative advantage is in finishing graphing questions since her opportunity cost of doing so is lower than yours.

c. If you each agree to spend one more hour on the task for which you hold a comparative advantage, and one less hour on the other task, your joint output will increase. Specifically, you would spend one more hour answering essay questions while Deidre spends one more hour finishing graphing questions. This would result in a higher quality essay from you and a greater number of completed graphing questions from Deidre, increasing the overall output of the assignment.

The complete question is:

You’re working on a team-based homework assignment with a partner, Deidre, that consists of an essay and graphing questions. You can write an essay answer in 15 minutes while Deidre takes 20 minutes to write an essay of similar quality. You can answer a graphing question in 30 minutes and it also takes Deidre 30 minutes.

a. What are you and your partner’s opportunity cost of answering essay questions and of finishing graphing questions?

b. Use the opportunity cost principle to determine each of your comparative advantages.

c. If you each agree to spend one more hour on the task for which you hold a comparative advantage, and one less hour on the other task, what will happen to your joint output?

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Which sentence indicates that Rudolph is following a market skimming pricing policy?
Rudolph launched his brand of high-end audio speakers called Rudebox. He introduced his first line of products at $40,000. He plans to periodically bring down the price. Very soon he will launch the second edition of Rudebox, which would be of a lower price range, and designed for the masses.

Answers

Answer:

Very soon he will launch the second edition of Rudebox, which would be of a lower price range, and designed for the masses.

Explanation:

Market skimming pricing policy, or price skimming is the pricing strategy that is used by business owners to make the initial price of a product high and then reduce it subsequently so more people can be able to afford it.

The sentence that shows that Rudolph is following a market skimming price policy is his decision to reduce the price of his Rudebox in a second edition which is designed for the masses.

Answer:

He plans to periodically bring down the price

Explanation:

question 2 a data analytics team uses data about data to indicate consistent naming conventions for a project. what type of data is involved in this scenario?

Answers

a data analytics team uses data about data to indicate consistent naming conventions for a project. Metadata is involved in this scenario.

In contrast to the content of the data, such as the message's text or the image itself, metadata is defined as "data that offers information about other data". Metadata can take many different forms, including:

Descriptive metadata is data that describes a resource.

[vague] It is employed for both identification and discovery. Such components as the title, abstract, author, and keywords are included.

Structural metadata describes data containers and describes the construction of complex things, such as the arrangement of pages into chapters. It explains the many kinds, iterations, connections, and other features of digital content.

Administrative metadata - details about how to manage a resource, including its kind, rights, and the circumstances around its creation. Reference metadata is data that describes the kind and extent of statistical data.

The processes that gather, process, or produce statistical data may be described by statistical metadata, which is also known as process data.

Legal metadata - if available, includes details about the author, copyright holder, and public licensing.

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Write the names of sender and receiver of quotation letter in foreign trade.​

Answers

Answer:

Wydm

Explanation:

Architecture drafter

Answers

Huh? I don’t see what the q is here? Answer is

A. Based on these increasing costs and decreasing demand, which sector of the industry became more popular? Why?
B. What is something analysts use when considering a company's leverage?

Answers

Technology companies are able to adapt to changes in demand quickly and efficiently, which enables them to remain competitive in a volatile market. The debt-to-equity ratio is used to compare companies within the same industry, as different industries have varying levels of debt financing.

A. Based on increasing costs and decreasing demand, the sector of the industry that became more popular was the technology sector. The reason for this popularity is that technology companies are less dependent on physical resources, which reduces their costs.

B. When considering a company's leverage, analysts use the debt-to-equity ratio. This ratio is calculated by dividing the company's total liabilities by its total equity. The debt-to-equity ratio provides a measure of the company's financial risk, as a high ratio indicates that the company is heavily reliant on debt financing, which may be unsustainable in the long term.

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Which sequence of HACCP principles is in the correct order?


A.


Establish critical limits for each CCP, conduct a hazard analysis, and establish corrective actions.


B.


Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP.


C.


Establish record-keeping procedures, establish corrective actions, and establish CCP monitoring requirements.


D.


Establish CCP monitoring requirements, conduct a hazard analysis, and identify CCPs.


E.


Conduct a hazard analysis, identify CCPs, and establish CCP monitoring requirements.

Answers

Answer:

B

Explanation:

Hazard analysis of critical control point (HACCP) is a process of identifying and assessing risks alongside the biological , physical and chemical hazards associated with food production .

The sequence of the first three of the seven principles are

1. Conduct hazard analysis to determine potential risks related to food protection

2. Identify the critical control point (CCP) which addresses controlling identified hazards that are mostly likely to cause injury to health

3. Establishing critical limits for each CCP , which is the highest or lowest level a biological ,physical or chemical parameter must be controlled to prevent or minimize hazards.

Answer:

B. Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP

Explanation:

how can we develop desicion making skill on ourselves​

Answers

Answer:

Six simple steps for better decision-making skills

Start with the desired outcome. Start with squad goals. ...Rely on data and insights to spot patterns. .Use S.W.O.T. analysis. ...Simulate the outcomes. ...Trust your instincts. ...Identify your cognitive biases

Why would the fed intentionally use contractionary monetary policy to reduce real gdp?

Answers

The Federal Reserve may intentionally use contractionary monetary policy to reduce real GDP in order to control inflation. When the economy is growing too quickly, it can lead to high inflation. To slow down economic activity and reduce inflationary pressures, the Fed can use contractionary monetary policy. They do this by increasing interest rates and reducing the money supply.

Higher interest rates make borrowing more expensive, which discourages businesses and consumers from taking out loans and spending. This decreases investment and consumption, leading to a decrease in aggregate demand and ultimately reducing real GDP.

Additionally, reducing the money supply can restrict liquidity in the economy, making it more difficult for businesses and individuals to access funds. This can further dampen spending and economic activity, helping to bring down real GDP.

Overall, the Fed uses contractionary monetary policy to control inflation and maintain a stable and sustainable level of economic growth.

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Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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What are the three main economic goals of the federal government?

Answers

The objectives of economic policy. The federal government works to achieve three policy objectives in order to maintain a robust economy: stable pricing, full employment, and economic growth. The federal government has additional objectives to ensure sound economy policy in addition to these three policy goals.

The US federal governments used the federal budget to fund or finance its numerous expenses, such as paying the salaries of federal employees, purchasing military equipment, and distributing agricultural subsidies.

The federal government's fiscal year begins on October 1 and concludes on September 30 of the subsequent year.

Tax revenues provide funding for the federal government of the United States. The following are the taxes that are collected:

1. Family earnings

2. Customs fees

3. Tariff.

4. Business revenue

The government levies taxes on a variety of activities, such as: smoking cigarettes; drinking alcohol; and buying gasoline.

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What is true about the length of a loan’s term?

(1 point

Answers

The length of loan's term refers to the period of time over which the borrower is expected to repay the loan.

What is a loan?

A loan is a sum of money that is borrowed from a lender with the agreement that it will be repaid with interest over a set period of time. Loans are often used to finance large purchases, such as a home, car, or business venture, that an individual or organization cannot afford to pay for upfront. The terms of the loan agreement include the loan amount, interest rate, repayment schedule, and any additional fees or penalties. The lender may require collateral, such as property or assets, to secure the loan in case the borrower is unable to repay it. Loans can be obtained from banks, credit unions, online lenders, or other financial institutions, and the specific terms and requirements vary depending on the lender and the type of loan.

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This is considered to be a popular and controversial way to address internal cost inefficiencies. a. Insourcing b. Outsourcing c. Related diversification

Answers

Outsourcing is considered to be a popular and controversial way to address internal cost inefficiencies.

Outsourcing involves contracting out specific business functions or processes to external vendors or service providers. It is often done to reduce costs, increase efficiency, and focus on core competencies. By outsourcing non-core activities, companies can benefit from specialized expertise, access to advanced technologies, and cost savings through economies of scale. However, outsourcing can also be controversial as it may lead to job losses, dependency on external providers, and potential quality control issues. The decision to outsource is typically based on a thorough analysis of costs, risks, and potential benefits for the organization.

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Please select the word from the list that best fits the definition
Expenses that can vary from month to month.

Answers

Answer:

Explanation:

so u want the definition of what?

Answer:

C. word choice

Explanation:

i got it right on edg 2021

An application, a course guidebook, and a counselor’s phone number are all a. Expert resources c. Material resources b. Support resources d. Leader resources Please select the best answer from the choices provided A B C D

Answers

Answer:

c.Material Resources

Explanation:

Answer:

c

Explanation:

Skill development training centre are operating under the ............... department.
a.Labour b. Agricultural c. Irrigation​

Answers

Answer:

A . Labour

Explanation:

labour department

which of these is the interest rate that is actually observed in financial markets?

Answers

The interest rate that is actually observed in financial markets is the market interest rate.

The market interest rate is the interest rate that banks and other financial institutions charge one another for lending and borrowing funds. It is determined by the forces of supply and demand in the financial markets and is typically influenced by the Federal Reserve's monetary policy.

It is also affected by economic conditions, such as inflation, unemployment, and GDP growth. The market interest rate is used to determine the cost of borrowing money, and is the rate of return investors can expect on investments.

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Cho started out with one small cupcake shop. Her business has grown so much that she now has two other shops across town. Cho has found that having three locations has greatly increased her production levels. She also notices that the price she pays for supplies (flour, butter, sugar, and packaging materials) has gone down considerably since she can now buy these items in bulk quantities. This exemplifies the principle known as

Answers

Answer:economies of scale

Explanation:

Using the Rule of 72, calculate how many years it will take to double an investment of
$1,000 given the following interest rates.
a. 2% interest rate
b. 5% interest rate
c. 7.5% interest rate

Answers

Answer:

see below

Explanation:

As per rule 72, it takes (72/interest rate to double the investment.

I.e., The time taken to double an investment= 72/ interest rate

To double 1000, it will take  2%

= 72/2

=36 years

At 5%

=72/5

=14.4 years

At 7.5 %

=72/7.5%

=9.6 years

Answer:

it would be c

Explanation:

"Which of the following is not one of the categories of manufacturing inventory?a) Raw materialsb) Finished productsc) Component partsd) Just-in-timee) Supplies"

Answers

The following is not one of the categories of manufacturing inventory:  Just-in-time) Supplies"

Inventory or stock refers to the goods and materials that a business holds for the ultimate aim of resale, manufacturing, or utilization. stock management is a field typically about specifying the form and location of stocked items.

Inventory refers to all the objects, items, merchandise, and materials held by using a business for promoting within the marketplace to earn an income. instance: If a newspaper dealer uses an automobile to deliver newspapers to customers, simplest the newspaper could be considered inventory. The car may be dealt with as an asset.

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Create scatterplots using the data in the spreadsheet linked above and display the equation for the regression line. What is the equation for the regression line that predicts home equity using credit score as the explanatory variable? Ý Ex: 1.234 x + (Ex: 1.234 What is the interpretation of the slope? Pick What is the interpretation of the intercept? Pick

Answers

I'm sorry, but as a text-based AI, I cannot directly access or interact with external files or spreadsheets.

Therefore, I am unable to create scatterplots using specific data from a spreadsheet.

However, I can still provide you with an explanation of how to create scatterplots and determine the regression line equation using the data you have. If you could provide the data points for credit score and home equity, I can guide you through the process step by step.

In general, to create a scatterplot and determine the regression line equation, you can follow these steps:

1. Organize your data: Make sure you have a set of paired data points consisting of credit scores and corresponding home equity values.

2. Plot the data: Create a scatterplot by representing each data point as a dot on a graph. Place the credit scores on the x-axis and the home equity values on the y-axis.

3. Determine the line of best fit: Visually inspect the scatterplot and try to identify the general trend of the data points. If there appears to be a linear relationship, you can draw a line that best fits the data.

4. Calculate the regression line: Use statistical methods like linear regression to determine the equation for the line of best fit. This equation will describe the relationship between credit scores (explanatory variable) and home equity (response variable).

The regression line equation will have the form: y = mx + b, where y represents the predicted home equity, x represents the credit score, m represents the slope of the line, and b represents the y-intercept.

To interpret the slope and intercept:

- Slope (m): The slope represents the rate of change in the home equity for every unit increase in the credit score. For example, if the slope is 1.234, it means that for every one-unit increase in the credit score, the home equity is expected to increase by 1.234 units (in the same unit as home equity).

- Intercept (b): The intercept represents the value of the home equity when the credit score is zero. However, it's important to note that the interpretation of the intercept depends on the context and the range of credit scores in your data.

If you provide me with the specific data points, I can help you calculate the regression line equation and provide a more accurate interpretation of the slope and intercept.

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Describe how the U.S. private enterprise economy works

Answers

Answer: Go ahead and copy and paste

Explanation: As an economic system, private enterprise is characterized by competition, open markets, private ownership, and private initiative. Producers take production initiative on the basis of price and profit-and-loss signals essentially given by consumers.

Answer:

As an economic system, private enterprise is characterized by competition, open markets, private ownership, and private initiative. Producers take production initiative on the basis of price and profit-and-loss signals essentially given by consumers. ... Private enterprise is open to all comers.

Choose the correct terms to complete the sentence.
Larry owns his own gym. He is the only owner. His liability is 1.______
a. unlimited
b. partnership
c. limited
d. undetermined
and he runs a 2._____
a. public company
b. sole proprietorship
c. partnership
Neville is the CEO and shareholder of a company that sells household cleaning products. The company has 75 shareholders and is not
traded on a stock exchange. Neville's company is a 3._____
a. sole proprietorship
b. partnership
c. public company
d. private-limited company
and his liability is 4.______
a. limited
b. unlimited
c. undetermined

Answers

Answer:

unlimited

sole proprietorship

private-limited company

limited

Explanation:

A credit union

Question 3 options:

is larger than most banks


promotes good spending habits among its members


will allow anyone to join


provides financial service at a higher cost than a bank

Answers

Answer: A credit union promotes good spending habits among its members.

what are important of storing​

Answers

Answer:

I'm sorry, but the way you worded this is impossible to understand. SO therefore, I cannot answer your question.

Explanation:

Jason is an ancient history lover. He wants to share his knowledge on social media, but he does not think that video platform will work well since he cannot afford to travel to many of the places that have the ruins he wants to share information about. What would be the best social media platform to provide information show pictures of these places?

Answers

The best social media platform where Jason can share his knowledge and provide information and show pictures of these places is where common people and his friends near and all over can connect with him and can be friends with him on that networking site.

What is social media?

Social media refers to the means of interactions among people in which they create, share, and/or exchange information and ideas in virtual communities and networks. We offer an array of tools, including one-on-one consults with schools, departments and offices looking to form or maintain an existing social media presence to discuss social media goals and strategy, as well as offer insights and ideas.

Before creating any social media account, we must submit the Account Request Form.

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Part A:
Use the exchange equation below to answer the following questions.
There has been a 3% change in the money supply and a 1% change in velocity. In order to balance the exchange equation, what percentage of change needs to occur on the right side of the equation?

Part B:
If the annual percent change in velocity is 2% and the percent in quantity is 5%. what would the percent change in money supply need to be to have a 0% change in price? Show work.

Part A:Use the exchange equation below to answer the following questions.There has been a 3% change in

Answers

the percent change in the money supply needed to have a 0% change in price would be a 3% increase.

a. The percentage change needed to balance the exchange equation would be 3%.

b. The percent change in the money supply needed to have a 0% change in price would be a 3% increase.

What percentage of change needs to occur?

According to the exchange equation MV = PQ, where M is the money supply, V is the velocity, P is the price level, and Q is the quantity of goods and services exchanged. To balance the exchange equation, the percentage change in M multiplied by the percentage change in V must equal the percentage change in P plus the percentage change in Q.

Therefore, (3%) x (1%) = (P%) + (Q%); P% + Q% = 0.03

What would the percent change in money supply need to be to have a 0% change in price?

Using the same exchange equation MV = PQ, if the percent change in V is 2% and the percent change in Q is 5%, then we can write:

5% = (M%) + 2%

M% = 5% - 2%

M% = 3%

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which of the following situations could be considered examples of price gouging?a. a deadly tornado strikes oklahoma city, destroying the homes of 50% of its population. immediately afterward the price of sleeping bags increases by 150%. b. the exchange rate between u.s. dollars and the papua new guinea kina increases sharply as the summer olympics in paris, france, approach. c. a new model of sunglasses become the hottest overnight fashion trend after several movie stars wear them to the academy awards. as a result, producers increase their price by 300%. d. at what level would you expect prices to settle during a period of price gouging?the price would settle the pre-gouging market price.

Answers

Situations (a) and (c) could be considered examples of price gouging, where sellers exploit increased demand to charge excessive prices. Option A & C.

Situation (a) could be considered an example of price gouging. In the aftermath of a deadly tornado that has caused widespread devastation and displaced a significant portion of the population, the sudden increase of 150% in the price of sleeping bags takes advantage of the urgent need for essential items during a time of crisis.

Price gouging occurs when sellers exploit a situation of increased demand or reduced supply to charge excessively high prices for goods or services.

Situation (b) is not an example of price gouging. The increase in the exchange rate between U.S. dollars and the Papua New Guinea kina due to the approaching summer Olympics in Paris is a result of market forces and fluctuations in currency values, rather than an intentional act of exploiting consumers.

Situation (c) could be considered an example of price gouging. The producers of the new model of sunglasses are capitalizing on the sudden popularity and high demand created by movie stars wearing them to the Academy Awards.

By increasing the price by 300%, the producers are taking advantage of the trend to maximize their profits, even if the production costs do not justify such a significant price increase.

Regarding situation (d), the question is unrelated to examples of price gouging. It asks about the expected price level during a period of price gouging. In a period of price gouging, prices are typically significantly higher than the pre-gouging market prices, as sellers exploit the increased demand or limited supply. Option A & C are correct.

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The output voltage of a 100.W ideal transformer is 12.0 V and the input current is 20.0 A.a) What is the input voltage?b) What is the output current?c) What kind of transformer is it? (step up or step down) Why the battle of Antietam was considered a turning point in the civil war ? a required element for specialization to lead to an increase in the satisfaction of society's wants is there are 32 students in the school play. the ratio of girls to all students in the play is 5:8. how many girls are in the play? The chart below compares photosynthesis and respiration. The processes of photosynthesis and respiration can be thought of as a cycle because [tex]x^{2} +6x=35[/tex]Please help right away!!!!!! answer c is incorrect. which answer is correct?Which of the following is one of the four basic questions that must be answered in all economies? OA. Is productive capacity growing? B. Where is the productive capacity? C. What is consumed and where The figure below shows triangle ABC on the coordinate plane. 10 9 8 7 6 B 5 3 2 -10 -9 8 7 6 5 3 2 1 2 3 4 5 6 7 B = 9 10 A -10 Write the coordinates of the vertices of a triangle A'B'C'that results from a translation of triangle ABC two units to the right and four units down. Al BU cd Meadow Company wants to invest its net profits of $118,000 for 4 years in either a credit union or a local bank. The credit union provides interest of 3.50% compounded monthly, while the local bank provides interest of 4.00% compounded semi-annually. a. What would be the maturity value of the investment under the credit union option? b. What would be the maturity value of the investment under the local bank option? Round to the nearest cent c. Which of the two options will yield the highest return? Where is the grate pacific pach What is congressional hearing? How are congressional hearings used by members of Congress? 1. The set containing no element in it is called check your understanding chapter 9.1 approximately when did the class mammalia first evolve A space probe enters the thin atmosphere of a planet where the speed of sound is only about 45 m/s .A. What is the probe's Mach number if its initial speed is 15,000 km/hkm/h?B. What is the angle of the shock wave relative to the direction of motion? Helpppppp please asp HELP ASAP!Read the following excerpt from Narrative of the Life of Frederick Douglass. Then, answer the question that follows.Mr. Severe was rightly named: he was a cruel man.In this sentence, what is the purpose of the colon? To emphasize the information that follows To indicate time To introduce a formal business greeting To list information that follows The ? is a number that makes the inequality true which statement best completes the diagram regarding Harriet Beecher Stowe?(IMAGE ATTACHED) What are the coordinates of each point after quadrilateral ABCD is rotated 270 about the origin? Select numbers from the pull-down menus to complete the coordinates. Numbers may be used once, more than once, or not at all. f. Which trees grow in coastal regions?Coniferous or Oak or Deciduous