The M2 category of the money supply includes money market fund accounts, small certificates of deposit, checking accounts, savings accounts, and cash.
M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits.
The money supply in an economy is the total quantity of money that is in use at any particular moment. This includes the money and its alternatives, including coins, banknotes, and bank deposits. It is a significant concept that significantly affects a country's finances and economy.
"Near money" and all of the elements of M1 are included in M2, which is a measurement of the money supply. M1 refers to cash and checking deposits, whereas close money refers to savings deposits, money market securities, and other time deposits (in amounts under $100,000). Although these assets are easily convertible into cash or bank accounts, they are less liquid than M1 and are hence less suitable as exchange mediums.
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suppose french government imposes a quota on international trade of cars. it means it will:group of answer choicesprohibit import of cars altogether;prohibit export of cars altogetherrestrict the quantity of cars france may export;restrict the quantity of cars france may import;
The French government's imposition of a quota on the international trade of cars would restrict the number of cars France may import. This means that there would be a limit on the number of cars that can be imported into the country from foreign markets.
A quota is a trade restriction imposed by a government to limit the quantity of goods that can be imported or exported. In this case, the French government is implementing a quota specifically on the import of cars. By setting a restriction on the number of cars that can be imported, the government aims to control and limit the inflow of foreign cars into the domestic market. This measure can serve various purposes, such as protecting domestic car manufacturers, promoting local industries, or managing trade imbalances. By limiting the number of imported cars, the government can influence the supply and demand dynamics in the domestic market, potentially supporting domestic car producers and ensuring the stability of the local automotive industry.
It's important to note that a quota specifically targets imports and does not necessarily restrict the export of cars from France. The focus is on controlling the inflow of foreign cars into the country while allowing domestic manufacturers to compete in the market.
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Pro Fender, which uses a standard cost system, manufactured 20,000 boat fenders during 2016, using
146,000 square feet of extruded vinyl purchased at $1.05 per square foot. Production required 410 direct
labor hours that cost $15.00 per hour. The direct materials standard was seven square feet of vinyl per
fender, at a standard cost of $1.10 per square foot. The labor standard was 0.026 direct labor hour per
fender, at a standard cost of $14.00 per hour.
Compute the cost and efficiency variances for direct materials and direct labor
Pro Fender, which uses a standard cost system, manufactured 20,000 boat fenders during 2016, using 146,000 square feet of extruded vinyl purchased at $1.05 per square foot. Production required 410 direct labor hours that cost $15.00 per hour.
To compute the cost and efficiency variances for direct materials and direct labor, we can use the following formulas:
Direct Materials Variances:
a) Material Price Variance = (Actual Quantity Purchased x Actual Price) - (Actual Quantity Purchased x Standard Price)
b) Material Quantity Variance = (Actual Quantity Used x Standard Price) - (Standard Quantity Allowed x Standard Price)
Direct Labor Variances:
a) Labor Rate Variance = (Actual Hours x Actual Rate) - (Actual Hours x Standard Rate)
b) Labor Efficiency Variance = (Actual Hours x Standard Rate) - (Standard Hours Allowed x Standard Rate)
Given the following information:
Direct Materials:
Actual Quantity Purchased = 146,000 square feet
Actual Price = $1.05 per square foot
Standard Price = $1.10 per square foot
Standard Quantity Allowed = 7 square feet per fender
Direct Labor:
Actual Hours = 410 hours
Actual Rate = $15.00 per hour
Standard Rate = $14.00 per hour
Standard Hours Allowed = 0.026 direct labor hour per fender
Now, let's calculate the variances:
Direct Materials Variances:
a) Material Price Variance = (146,000 x $1.05) - (146,000 x $1.10)
b) Material Quantity Variance = (20,000 x $1.10) - (20,000 x 7)
Direct Labor Variances:
a) Labor Rate Variance = (410 x $15.00) - (410 x $14.00)
b) Labor Efficiency Variance = (410 x $14.00) - (20,000 x 0.026 x $14.00)
Calculate each variance using the given formulas and substitute the values to find the actual values of the variances.
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Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Which insurance could protect
it from this risk?
A. business interruption insurance
B. property insurance
C. workers' compensation insurance
D. general liability insurance
Answer:
A. Business interruption insurance
Explanation:
Business interruption insurance is a type of insurance that covers the loss of income that a business suffers after a disaster. The income loss covered may be due to disaster-related closing of the business facility or due to the rebuilding process after a disaster.
Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Business interruption insurance could protect it from this risk. The correct option is (A).
What do you mean by the Business interruption insurance?Business income lost due to a calamity is replaced by business interruption insurance. The occurrence might be something like a fire or a natural disaster.
Business interruption insurance is a type of insurance that pays out in the event that a company is forced to close down due to a direct physical loss or damage, as that which might result from a fire or a natural disaster.
Additionally, the running costs, a shift to a temporary location if necessary, payroll, taxes, and loan payments are all covered by this kind of insurance.
Therefore, Alby Ltd is a trading firm and has warehouses in various cities. One of its warehouses was damaged due to a fire. Business interruption insurance could protect it from this risk.
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Fill in the blanks Domain 2 lesson 3
Developing a sales presentation is part of the preparation step of a sales process.
What is involved in preparation step of a sales process?The preparation step of a sales process is crucial in ensuring the success of the sales interaction. In this stage, the salesperson researches the potential client, their needs and preferences, and prepares a strategy for approaching them.
All these includes gathering information on the client's industry, competitors, and business objectives. The salesperson should also research the client's budget and purchasing power to ensure that the product or service they are offering is a good fit.
In addition, the salesperson should prepare a presentation or proposal that highlights the unique value proposition of their product or service and how it can meet the client's needs.
Full question "Fill in the blanks Domain 2 lesson 3. Developing a sales presentation is part of the ________ step of a sales process. [Elements of a Sales Process]
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According to the video, what are some decisions that Architects make? Check all that apply. how much money a building will be worth when finished what traffic patterns people will follow how people will feel when they enter or leave a building how many laborers are needed for a project where to put doors, walls, and windows what building materials to use which people will be allowed to enter a building
Answer:
2,3,5,6
Explanation:
Answer:
other guy is correct
Explanation:
If a 10 percent increase in income induced a group of consumers to reduce their yearly purchases of eggs by 5 percent, for these consumers, Group of answer choices the income elasticity of eggs equals approximately 1.05. the income elasticity of eggs is 0.5. eggs are a luxury good. eggs are an inferior good.
Answer:
the income elasticity of eggs is 0.5.
Explanation:
Inferior goods are goods whose demand falls when income rises and increases when income falls.
Income elasticity of demand measures the responsiveness of quantity demanded to changes in income.
income elasticity = percentage change in quantity demanded / percentage change in income
5/10 = 0.5
If the absolute value of income elasticity of demand is greater than one, it means demand is elastic.
If the absolute value of income elasticity of demand is less than one, it means demand is inelastic.
3. Which of the following is a liability?
a) buildings
b) accounts receivable
c) loan from J. Henry
d) equipment
Answer:
buildings
Explanation:
Because if you own buildings you have to take care of them and you make sure you have them clean make sure nothing is wrong if a person complains find the problem and make it better and a loan will put you in a lot of debt to that person instead of making your own money.
tax filing and payments; completing, submitting, and downloading forms; and requests for records are all categorized as
Tax filing and payments, completing, submitting, and downloading forms, and requests for records are all categorized as processes related to managing taxes and ensuring compliance with tax laws and regulations.
1. Tax filing and payments: This involves the preparation and submission of tax returns to the appropriate tax authorities.
2. Completing, submitting, and downloading forms: Various forms need to be completed and submitted as part of the tax filing process.
3. Requests for records: When filing taxes, individuals or businesses may need to provide supporting documentation and records to substantiate the information reported on their tax returns.
Overall, these processes are crucial for individuals and businesses to fulfill their tax obligations and ensure compliance with tax laws. It is important to accurately complete and submit the necessary forms, pay taxes on time, and maintain records in case of any future audits or inquiries by the tax authorities.
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Why are entrepreneurs essential to the success of a free enterprise economy?
Answer:
they help the market respond to changing prices and consumer preferences.
Explanation:
Entrepreneurs are themselves an important ‘factor of production’ and an essential aspect of a functioning free market economy. Importance of entrepreneurs Free market evolution. Entrepreneurs are important in a free market because they help the market respond to changing prices and consumer preferences.
PFC Kim's living expenses are $1200/month. Her base pay is $1546.80 and she also receives $6.90 in partial BAH and BAS of $367.92. How does her living expense-to-income ratio compare to the recommended maximum living expense-to-income ratio
Answer:
Living expenses are less than the recommended maximum ratio
Explanation:
Since in the question it is given that
Living expenses = $1,200 per month
Base pay = $1,546.80
Received amount in partial BAH and BAS = $367.92
Now if we make the comparison between the living expense to income ratio and the high living expense to income ratio so it should be concluded that the living expenses are lower than the suggested maximum ratio and hence, the same is to be considered
as other members who are part of your business social media see that you respond and help others on the social media, you can specifically expect that
If other members of your business social media see you responding and helping others, they are likely to view you as a valuable and helpful resource, which can increase your credibility and reputation within the community.
The main answer to your question is that by responding and helping others on social media, you can increase your business's visibility and credibility.
This can help attract potential customers and build trust with existing customers, ultimately leading to more sales.
To further explain, responding and helping others on social media allows you to showcase your business's expertise and knowledge. When potential customers see your business actively engaging with people and providing solutions, they are more likely to trust your business.
This trust can eventually lead to increased sales.
Additionally, by responding quickly and helping out, you can create a positive reputation for your business. This reputation can help create a strong customer base and ultimately lead to more sales.
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6. Which of the following is a way that you can put your strengths to work?
A. thinking about achievements you have accomplished
B. identifying paths to entrepreneurship
C. making a decision to become an entrepreneur
D. giving greater freedom for opportunities
All of the aforementioned methods will assist one in achieving the goal-related aim they have set.
What is Entrepreneurship?The production or extraction of economic value is referred to as entrepreneurship. According to this definition, entrepreneurship is considered as transformation that often involves greater risk than is typical when beginning a firm and may also involve values other than just financial ones.
A person who starts and/or invests in one or more enterprises, taking on the majority of the risks and reaping the majority of the gains, is referred to as an entrepreneur.
Entrepreneurship is the practice of starting a business. The entrepreneur is frequently viewed as an innovator, a source of fresh concepts for products, services, businesses, and operational methods.
According to more specific definitions, entrepreneurship is the act of creating, starting, and operating a new company, which is frequently comparable to a small business. It may also be defined as the "ability and willingness to create, organize and effectively manage a company venture's risks in order to turn a profit."
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Imagine you buy five burgers, two books, and a pair of jeans each period. In period 1,
burgers are $5, books are $12, and jeans are $30. In period 2, burgers are $6, books are
$14, and jeans are $28. What is the CPI based on your consumption?
Answer:
To find the answer, we use the Consumer Price Index (CPI) formula:
CPI = ( Cost of Market Basket in a Given Year / Cost of Market Basket in Base Year ) * 100
In this case, we will assume that the base year is period 1, and the given year is obviously period two.
Now, we simply plug the amounts into the formula:
CPI = ( 6 + 14 + 28 / 5 + 12 + 30 ) * 100
CPI = ( 48 / 47 ) * 100
CPI = 102.13
In other words, the inflation rate for this CPI was 2.13%
How should you handle questions about past jobs and employers?
(I am being timed)
A)You should give a specific example of how you were mistreated on your last job and why you left.
B)You should take the opportunity to show your knowledge by pointing out what was wrong there.
C)You should be honest, but don't bring up negative issues. If you must, frame it as a lesson learned.
D)You should refuse to answer any questions about previous employers and jobs.
Answer: B
Explanation:
You should give a specific example of how you were mistreated on your last job and why you left. Therefore option B is correct.
What is Job?The term Jobbe or Worke (1550s), which meant "task, piece of work," gave rise to the word "job," which today is used to refer to a piece of work or anything that needs to be done.
Literary sources indicate that the phrase was first used in 1858 to refer to "a salaried, permanent position of employment." Printers began using the phrase as slang for "piece of work of miscellaneous class" around 1795. (handbills, posters, etc.).
People who have received specialized training for particular occupations are either-
These are manual tasks in the trade. Carpenters, auto mechanics, hairdressers, and bakers are a few examples. Other trades include those for butchers, plumbers, and arborists.
- Profession: A university degree is required for this type of employment. Lawyers, physicians, dentists, architects, librarians, engineers, and pharmacists are a few examples. Teachers, university professors, scientists, physicists, and geologists are all occupations.
Therefore option B is correct.
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A power point can only strengthen your presentation.
True or False
Answer:
True
Explanation:
because it gives mor information
with the following data, use the formula for price elasticity to estimate the price that will reduce unfilled orders to zero. orders
To estimate the price that will reduce unfilled orders to zero using the formula for price elasticity, you need to know the price elasticity of demand and the current price and quantity of unfilled orders.
Price elasticity of demand measures how sensitive the quantity demanded is to changes in price. It is calculated by dividing the percentage change in quantity demanded by the percentage change in price. To estimate the price that will reduce unfilled orders to zero, you would need to find the price elasticity of demand for unfilled orders.
If the price elasticity of demand is elastic (greater than 1), then a decrease in price will lead to a proportionally larger increase in quantity demanded. If the price elasticity of demand is inelastic (less than 1), then a decrease in price will lead to a proportionally smaller increase in quantity demanded. Once you have the price elasticity of demand, you can calculate the percentage change in quantity demanded required to reduce unfilled orders to zero.
Then, you can use this percentage change and the current quantity of unfilled orders to estimate the price reduction needed. For example, if the price elasticity of demand is -2 (elastic), and there are currently 100 unfilled orders, you would need to reduce the price by a percentage that would result in a 200% increase in quantity demanded to eliminate the unfilled orders.
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We have discussed with detail about anatomy of a software house that is delivering the services of related all types of software products in European market. Keep the example of anatomy company front of you and develop a Software company like it and make your company’s Profile, Structure, Budget, Financial Statement and next five years Plan?
What are customer needs?
Answer:
A customer need is a need that motivates a customer to purchase a product or service.
what are two characteristics of the digital marketspace?what are two characteristics of the digital marketspace?
Mobile considerations, natural search, social media marketing, content marketing, and lead nurturing are the five most important elements of a digital campaign. A cohesive digital marketing strategy combines all of these elements.
What are the main characteristics of digital media?
The flexibility and low cost of digital media are two important characteristics. Because digital media is more adaptable, it can be copied, shared, and edited more easily than analog media.
A market space is a digital exchange environment that relies on information and communication. In a market space, information and/or physical products are exchanged, and transactions are carried out via computers, which use networked elements such as blogs, forums, and dedicated applications.
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Most economists would probably argue that the best interests of international business are served by.
Indeed, most economists would argue that the best interests of international businesses are served by a free-trade stance.
What is a free-trade stance?A free-trade stance is a government policy that does not restrict imports and exports because there are no import tariffs or export subsidies.
A free-trade stance is also known as laissez-faire policy because under a free-trade policy, goods and services are exchanged across international borders with little or no government interventions in the forms of tariffs, quotas, subsidies, or prohibitions.
Trade protectionism, which creates economic isolationism, is the direct opposite of the concept of free trade.
Thus, indeed, most economists would argue that the best interests of international businesses are served by a free-trade stance.
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Ted is a single guy who’s living the good life. The spreadsheet below shows Ted’s cash flow for a month.
Based on his monthly cash flow, explain what part of Ted’s financial plan might be missing and why.
Answer:
Ted's net cash flow is zero. Therefore, he might want to work on managing his income to get a positive net cash flow. There is no indication that Ted is putting any money in savings.
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C. Explain the importance of the veterinary physician .
A veterinary physician is necessary for the prevention of a variety of diseases and problems in diverse animal species. He or she is crucial in illness diagnosis and therapy planning. All situations when surgery is not required must be handled solely by a physician. Because many illnesses (zoonoses) may be passed from animal to human, chemists and doctors are continually checking on veterinary medicine to see how they might adjust human medications and vice versa. Vets take their duty extremely seriously in order to safeguard both the health of animals and the safety and wellness of the human-animal relationship. Shepard's utilized human medication and human medical advice to treat dogs thousands of years ago, and it typically worked.
An example of allocating joint costs using physical measures is allocating joint costs based on the:_____.
An example of allocating joint costs using physical measures exists allocating joint costs based on the Volume of products.
What is joint costs?In the course of production, manufacturers incur significant expenses. It is the responsibility of the cost accountant to link these expenses to a specific manufacturing process or product. There are some costs that cannot be linked to a specific cost object. Some production expenses have an impact on many products or steps. A joint cost is an expense that benefits more than one product and for which the contribution to each product cannot be distinguished. In order to allocate joint expenses to items consistently, the accountant must come up with a technique.
Joint costs are the production expenses incurred when two (or more) items are produced. When the costs of two or more goods can be determined separately, that point is known as the spinoff point. When a company has a production process from which end goods are separated at a later stage of production, joint costing or by-product costing is utilized. The split-off point is the point at which the company can identify the final product.
Hence, An example of allocating joint costs using physical measures exists allocating joint costs based on the Volume of products.
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Does anyone have a perfect competition business example?
Answer:
Perfect competition is a type of market structure where products are homogenous and there are many buyers and sellers. ... Whilst perfect competition does not precisely exist, examples include the likes of agriculture, foreign exchange, and online shopping.
Explanation:
Adam was explaining security procedures to new interns at his firm. It was difficult for the interns to understand what Adam was talking about because he used technical language they weren't familiar with. Which strategy for presenting an effective training is Adam failing to use in the above situation
Incomplete question. The options;
A) Incorporate activities that directly involve the audience.
B) Explain how the information will help the audience.
C) Avoid jargon.
D) Compare unfamiliar concepts to familiar concepts.
Answer:
C) Avoid jargon.
Explanation:
Note, the term "jargon" basically refers to the use of highly complex or technical language in communication.
In this scenario, we observed that Adam did not take into consideration that the interns were unfamiliar with the complex terms he was using. Hence, an effective strategy he could have used in the above situation was to totally avoid the use of jargon in his communication with the interns.
Explain what are the 4 major permanent losses that every UHNWI
wants to avoid.
The four major permanent losses that every UHNWI (Ultra High Net Worth Individual) wants to avoid are mentioned below: Permanent loss of capital: The UHNWI's main focus is on maintaining their capital and keeping it secure.
Therefore, they look for safe investment opportunities that help them to protect their capital from getting eroded. Moreover, these individuals are more risk-averse and only invest in the options that offer higher returns with minimum risk.Permanent loss of reputation: UHNWIs put significant efforts into building their reputation in the industry. They try to maintain a good reputation in the industry to attract new clients, opportunities, and maintain their brand value. Therefore, they avoid situations that can damage their reputation.
Permanent loss of family wealth: Family wealth is one of the most crucial aspects of UHNWIs, and they aim to protect it in every possible way. They create a robust plan for succession and asset protection to prevent any loss of family wealth.Permanent loss of time: Time is the most valuable asset for UHNWIs, and they try to utilize it efficiently. Therefore, they avoid any investment or opportunity that is not worth their time or can cause any delay in achieving their goals.
UHNWIs are individuals who have a net worth of more than $30 million, and they are highly concerned about their investment portfolio. Their main objective is to protect their wealth from any permanent loss, which can impact their reputation and family wealth.
Therefore, they aim to avoid the four major permanent losses mentioned above. They want to invest in safe and secure opportunities that help them to maintain their capital and generate higher returns.Their reputation is essential for UHNWIs as it helps them to attract new clients and opportunities.
Therefore, they always try to maintain a good reputation in the industry by avoiding any situation that can cause damage to their reputation.Family wealth is one of the most critical assets of UHNWIs, and they aim to protect it in every possible way. They create a robust plan for succession and asset protection to avoid any loss of family wealth.Time is the most valuable asset for UHNWIs, and they try to use it efficiently. Therefore, they avoid any investment or opportunity that is not worth their time or can cause any delay in achieving their goals.
The four major permanent losses that every UHNWI wants to avoid include permanent loss of capital, reputation, family wealth, and time. They aim to invest in safe and secure opportunities that help them to maintain their capital and generate higher returns. They always try to maintain a good reputation in the industry, create a robust plan for succession and asset protection, and avoid any investment or opportunity that is not worth their time or can cause any delay in achieving their goals.
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Smith's snackfood company has a number of brands in its product mix, including doritos, twisties and burger rings. this is an example of:____.
Answer: Individual branding
Explanation:
bank a offers loans at an 8% nominal rate (apr) but requires that interest be paid quarterly;that is, it uses quarterly compounding. bank b wants to charge the same effective rate on its loans, but it wants to collect interest on a monthly basis, that is to use monthly compounding. what nominal rate must bank b set?
Bank B must set a nominal rate of 7.72% to charge the same effective rate as Bank A.
What is the nominal rate required by Bank B to charge the same effective rate on its loans as Bank A?To calculate the nominal rate required by Bank B, we need to use the formula for the effective annual interest rate, which takes into account the compounding frequency. By setting the effective annual interest rate of Bank B's loan equal to that of Bank A's loan, and solving for the nominal rate with monthly compounding, we get a rate of 7.72%.
This means that Bank B needs to charge a nominal rate of 7.72% with monthly compounding to have the same effective rate as Bank A's 8% nominal rate with quarterly compounding.
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How to be a successful entrepreneur?
Answer:
Don’t take ‘no’ for an answer
Learn from the best
Stay hungry and ambitious
Never stand still; evolve with the times
Nurture long-term business relationships
Inspire those around you
Trust your gut instinct, not just your spreadsheet
Explanation:
It takes hard work and dedication and they are many free sources that is available today such as videos
18. 3 The Pre-IPO value of the firm i 60M$ and the Pre-IPO number of hare outtanding i 4 Million. Aume underwriting Spread or Flotation Cot i 5%. Determine the number of new hare iued (in million) if gro proceed are valued at 18 million dollar. Hint: Find what percentage of the firm belong to new invetor after IPO and then find the number of new hare iued
Select one of the following anwer:
1. 2183
0. 7841
2. 1489
1. 1234
The firm belong to new invetor after IPO and then find the number of new hare iued Required Sum = Total Outstanding Shares Cost per share x (1 - underwriter charge) 30,000,000 times the share price times one gives $300,000,000 - 0.07) $300,000,000 + (30,000,000 x). The correct option is 2. 7841.
Dividend by price per share. 0.93) $300,000,000 + 27900,000 = $10.75. Consequently, the appropriate per-share IPO price is $10.75. The share price when the underwriter priced the IPO will impose a 7% management fee, thus it should to be regarded as the $10.75 Calculating the IPO price per share.Make the following calculations first Since Required Amount = Number of Shares outstanding times the price per share times the underwriter.charge)
30,000,000 times the share price times one gives $300,000,000 - 0.07) Now $300,000,000 and more ($30,000,000 x price per share) 0.93) - $300,000,000 27,900,000 = $10.75. A business that wants capital issues fresh investors purchase shares once they enter the market. the stock and donate funds to the company. Consequently, the company loses money. because the selling of current shares will only be advantageous the holder is.
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