Lim corporation purchases $10,000 of equipment for cash. the effect of this transaction is that the total assets will remain the same.
Total assets refer to all the valuable possessions that a small business holds. Total assets include money on hand, money owed to you, inventory, equipment, tools, etc. Total assets are all of a person's or organization's assets combined. Assets are things with economic value that are used throughout time to produce benefits for their owner. These assets are often listed in the accounting records and shown on the balance sheet of the owner if that owner is a business. These assets typically fall under the following categories: cash, marketable securities, receivables, prepaid costs, inventory, fixed assets, intangible assets, goodwill, and other assets.
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The jobs that support medical imaging require specific types of education. Which field discussed requires the least amount of training? Which field requires the most amount of training?
The transcriptionist field discussed requires the least amount of training. The radiologists field requires the most amount of training.
Radiologists are scientific doctors focusing on diagnosing and treating accidents and sicknesses the usage of clinical imaging (radiology) tactics (assessments/tests) including X-rays, computed tomography (CT), magnetic resonance imaging (MRI), nuclear medicinal drug, positron emission tomography (pet), and ultrasound.
Radiologists are medical docs (MDs) or doctors of osteopathic medicinal drugs (DOs) who have completed a 4-year residency in radiology. A radiologist may also act as a consultant to every other physician who's worrying for the patient, or act as the affected person's number one medical doctor in treating a disease.
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A young investor willing to take moderate risk for above-average growth would be
most interested in:
Mutual funds
Single stocks
Real estate
Bonds
Answer:
Real estate or Bonds.
Explanation:
Because it says above average growth
In which type of economy is a business owner most likely to benefit from free enterprise?
A.Traditional Economy
B.Mixed Economy
C.Market Economy
D.Command Economy
what is the future value of 800 depoosit for one year earning an interest rate of 8 percent per year
The future value of 800 deposit for one year earning an interest rate of 8 percent per year is 864.
Solution:
Future value = Present value * (1 + interest rate/100)^n
Given,
Present value = 800
Interest rate = 8%
Time = 1
Future Value = 800*(1+8/100)^1
= 800*(1+0.08)
= 800*1.08
= 864
What is future value?A financial concept known as future value places a value on an asset based on anticipated factors like future interest rates or cashflows. Knowing how much their investment would be in five years, given a projected rate of return, may be valuable for an investor. Future value is the idea of taking the investment's current value, applying anticipated growth, and estimating what the investment will be in the future.
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A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $5 million at the end of one year, $10 million at the end of two years, and $15 million at the end of three years. Option C will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option D will give the firm $21 million at the end of one year, nothing at the end of two years, and $9 million at the end of three years. Which of these options has the highest present value if the rate of interest is 5 percent
Answer:
The answer is "Option D".
Explanation:
Using the formula for calculating present value:
\(= \frac{Future \ value}{(1+r)^n}\\\\\)
that's why "Option D" is correct.
What could you do to make sure a new employee you hired complies will all applicable rules, laws, and regulations related to their position? Give at least two examples of policies, practices, or procedures that would help.
Answer:
Explanation:
Policies should provide good guidelines and expectations to ensure fair and consistent ... If there is a need for government laws and regulations compliance (e.g., the ... For example, "All employees will be subject to this new policy/revision as of [date].
disturbed corporation needs to raise $62 million to fund a new project. the company will sell shares at a price of $24.70 in a general cash offer and the company's underwriters will charge a spread of 6.5 percent. the direct flotation costs associated with the issue are $975,000 and the indirect costs are $545,000. how many shares need to be sold?
To raise $62 million, Disturbed Corporation will sell shares at a price of $24.70 per share in a general cash offer. The underwriters will charge a spread of 6.5 percent, and there are direct and indirect flotation costs of $975,000 and $545,000, respectively.
First, we need to calculate the total amount of money the company will receive after deducting the underwriters' spread and flotation costs:
Total amount raised = $62 million / (1 - 6.5%) = $66,245,283.02
Next, we need to subtract the direct and indirect flotation costs:
Total amount raised - Direct flotation costs - Indirect flotation costs =
$66,245,283.02 - $975,000 - $545,000 = $64,725,283.02
Finally, we can divide the total amount raised by the price per share to find the number of shares that need to be sold:
Number of shares = $64,725,283.02 / $24.70 per share = 2,616,870.51 shares
Therefore, Disturbed Corporation needs to sell approximately 2,616,871 shares to raise $62 million after deducting the underwriters' spread and flotation costs.
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Voice recognition systems have created new issues for the workplace, including what?
Voice recognition systems in the workplace have introduced new challenges and issues. Some of these include privacy concerns and data security risks, potential biases in the system's recognition accuracy, and difficulties in adapting to different accents and languages.
Voice recognition systems have raised privacy concerns and data security risks in the workplace. Since these systems involve the collection and storage of individuals' voice data, there is a potential for misuse or unauthorized access to sensitive information. Organizations need to implement robust security measures to protect the data and address privacy concerns.
Another issue with voice recognition systems is the potential for biases in their recognition accuracy. These systems rely on training data, which may not be representative of diverse accents, languages, or speech patterns. This can result in the system having difficulty accurately recognizing and transcribing certain voices, leading to frustration and inefficiency for employees.
Furthermore, adapting voice recognition systems to different accents and languages can be challenging. Accents and dialects vary widely, and the system may struggle to understand and interpret non-standard or unfamiliar speech patterns. This can lead to misinterpretations and errors in transcription, affecting communication and productivity in the workplace.
Overall, while voice recognition systems offer many benefits, such as improved efficiency and convenience, they also introduce new challenges and issues that organizations need to address. Privacy, security, biases, and adapting to diverse accents and languages are among the key concerns that need to be carefully managed to ensure effective and fair use of these systems in the workplace.
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difference between relative and absolute scarcity
Answer: Relative scarcity could be described as that where the resources are limited in supply for a short while, due to manufacturing or supply challenges.
Absolute scarcity could he described as where supply is naturally limited. No possibility of the supply increasing.
Explanation:
Relative scarcity could be described as that where the resources are limited in supply for a short while, due to manufacturing or supply challenges.
Absolute scarcity could he described as where supply is naturally limited. No possibility of the supply increasing.
In relative scarcity, there is a probability of the supply to be made available later while in absolute, there is no possibility of it happening.
What is true about expense ratios for fees charged to manage mutual fund accounts?
Answer:
A lower percentage ratio indicates more money has been invested to make money for the customer
Explanation:
List 10 resources that are scarce in the world today
When trying to decide which college has the lowest cost of attendance, which is the most important for students to consider?
The most important thing that students must take into the consideration while deciding about the cost of attendance is net price.
What is Attendance?Attendance refers to the act of being present in a certain event, program or assembly every day. For instance, attendance in the meeting is compulsory for the members of the boards.
Net price refers to the amount which comes after deducing all kinds of the expenses from the product or service. When determining which institution offers the most affordable tuition, net price must be considered.
Therefore, it can be concluded that net price is an important consideration.
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T/F Mixed economies can evolve when societies with different kinds of economies interact
Mixed economies can evolve when societies with different kinds of economies interact. This statement is true.
A mixed economic system is one that incorporates elements of both capitalism and socialism.
A mixed economic system protects private property and provides for some economic freedom in the use of capital, but it also permits governments to intervene in economic activities to achieve social goals.
According to neoclassical theory, mixed economies are less efficient than pure free markets, but supporters of government intervention claim that the fundamental prerequisites for efficiency in free markets, such as equal knowledge and rational market players, cannot be met in practice.
Most modern economies are a hybrid of two or more economic systems, with economies falling somewhere along a spectrum.
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economics is a study of mankind in the ordinary business of lifeT/F
The statement "economics is a study of mankind in the ordinary business of life" is true. Economics is a social science that examines how individuals, households, businesses, and societies allocate scarce resources to satisfy their unlimited wants and needs. It analyzes human behavior and decision-making in various economic activities, including production, consumption, distribution, and exchange.
Economics studies the behavior of individuals and groups in their everyday activities related to economic matters. It encompasses a wide range of topics, including the production and distribution of goods and services, the determination of prices and wages, the functioning of markets, the role of government in the economy, and the impacts of economic policies. By studying economics, individuals gain insights into how people make choices, respond to incentives, and interact in markets and society. It provides a framework for understanding and analyzing the complexities of economic systems and the impact of economic decisions on individuals, businesses, and society as a whole.
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The statement "economics is a study of mankind in the ordinary business of life" is true. Economics is a social science that examines how individuals, households, businesses, and societies allocate scarce resources to satisfy their unlimited wants and needs. It analyzes human behavior and decision-making in various economic activities, including production, consumption, distribution, and exchange.
Economics studies the behavior of individuals and groups in their everyday activities related to economic matters. It encompasses a wide range of topics, including the production and distribution of goods and services, the determination of prices and wages, the functioning of markets, the role of government in the economy, and the impacts of economic policies. By studying economics, individuals gain insights into how people make choices, respond to incentives, and interact in markets and society. It provides a framework for understanding and analyzing the complexities of economic systems and the impact of economic decisions on individuals, businesses, and society as a whole.
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Who are office chief , sectional chief and assistant in school ?
Answer:
Post of the principle : A principal in a company is typically the owner, founder or chief executive officer (CEO) of a company. In some situations, the principal might be someone who owns most of the company's equity and is responsible for making big business decisions.
Post of the teacher : Teaching post means any post in a school or institution occupied by a teacher for the purpose of teaching. teaching post means a post, the duties of which involve teaching and training the students and other academic responsibilities.
Post of the counter worker : They call the childs parents if anything is wrong at school and is responsible of collecting the school fees and payment
Explanation:
Answer:
Sectional chief is the bridge between top and low level chiefs. One of the most important functions of a sectional chief is to report the performance, problems and achievements of the department to the office chief. Office Assistant: They are those personnel who work at lower level in an organization.
Teacher's post: Teaching post means any post in a school or institution occupied by a teacher for the purpose of teaching. teaching post means a post, the duties of which involve teaching and training the students and other academic responsibilities.
Which of the following is a BAD budgeting strategy to use if you want to save money at the grocery
store?
a.
Prepare a grocery list before you go to the store, and avoid buying items that aren't on the list.
b. Build a weekly meal plan around items you already own or items that are on sale that week,
rather than just choosing foods you'd like to eat.
C. When comparing similar products, focus on the price only.
d. When comparing similar products, be sure to compare based on unit price.
Equipment costing Bennett Corporation $90,000 was destroyed by a tornado on January 1, 2019. The equipment, which had been depreciated through December 31, 2018, had accumulated depreciation of $40,500. The equipment was insured and Bennett expects to receive $25,000 from the insurance to settle the loss claim. Prepare the general journal entry to record the fire loss on January 1, 2019.
Fire Loss Expense ($24,500) - Accumulated Depreciation ($40,500) - Equipment ($90,000) + Insurance Proceeds Receivable ($25,000)
What is the present value of $10,000 to be received in 5 years, assuming a discount rate of 8%?The journal entry to record the fire loss on January 1, 2019, involves debiting the Fire Loss Expense and Accumulated Depreciation accounts, and crediting the Equipment and Insurance Proceeds Receivable accounts.
The Fire Loss Expense account is debited for the amount of the loss not covered by insurance, which is calculated as the cost of the equipment ($90,000) minus the insurance proceeds expected ($25,000). In this case, the fire loss expense is $24,500.The Accumulated Depreciation account is debited for the accumulated depreciation on the equipment through December 31, 2018, which is $40,500.The Equipment account is credited for the original cost of the equipment, which is $90,000.The Insurance Proceeds Receivable account is credited for the expected insurance proceeds of $25,000, which will be received in the future.This journal entry reflects the recognition of the fire loss, the reduction in the value of the equipment and accumulated depreciation, and the expected insurance recovery.
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Bradley was recently promoted to the production manager of a busy shoe factory. He was chosen because prior to his promotion he had proven himself to be very efficient, and as a department manager he had a logical and practical approach to solving problems. Bradley has a reputation for being decisive and getting things done. Most of the factory's employees like Bradley, but they feel he exercises too much control over them. Bradley has a(n) ________ style. Group of answer choices conceptual behavioral ambiguous directive analytical
Answer:
Option d "Directive" is the correct alternative.
Explanation:
Under this approach, management teams or supervisors should lead the organizational objectives of workers and design the way to reach these objectives.The manner including its directive ensures that perhaps the organization specifically addresses as well as follows the guidelines and restrictions.All other alternatives aren't connected to the scenario. So the above is the right approach.
Type the correct answer in the box. Spell all words correctly.
What does this situation demand from the company?
Martha bought a new laptop a week ago. She’s having trouble understanding how the laptop functions. She wants the store where she bought the laptop to help her. The store should provide Martha with good_______
by giving her all the information she needs.
Answer:
After-sales service
Explanation:
After-sales service are all the efforts of a business to keep its clients happy and satisfied with the products they have purchased. It is providing care to customers after they have made purchases from the business. After-sale service help in retaining and building loyal customers.
Some of the techniques used in after-sales service include
Keeping in touch with customers after purchases Responding to customer queries either on call, emails, or customer visit Offering technical supports when a customer is facing challenges like in the scenario described aboveAnswer:
customer service
Explanation:
I just took the test on Edmentum
the historical cost of target's property and equipment at the most recent balance sheet date was $28,181 (in millions). true false
My informants tell me that Target's property and machinery will cost $28.181 billion in 2022. Accordingly, it is true that "Target's property and equipment at the most recent balance sheet date cost $28,181 (in millions) in historical cost."
The historical cost of an asset refers to the original cost of acquiring the asset. In the case of property and equipment, this would include the purchase price of the asset as well as any costs directly attributable to bringing the asset to its intended use, such as installation or transportation costs.
In accounting, property, and equipment are reported on a company’s balance sheet at their historical cost less accumulated depreciation. Depreciation is the process of allocating the cost of a tangible asset over its useful life. This means that the value of property and equipment reported on a company’s balance sheet will decrease over time as the assets are used and their value is consumed.
In this case, according to my sources, the historical cost of Target’s property and equipment for 2022 was $28.181 billion. This means that at the time of acquisition, Target paid a total of $28.181 billion to acquire its property and equipment. This figure is reported in millions, so $28,181 (in millions) is equivalent to $28.181 billion.
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A student is graduating from college in six months but will need a loan in the amount of $3,725 for the last semester. the student may receive either an unsubsidized stafford loan or a plus loan. the terms of each loan are: unsubsidized stafford loan: annual interest rate of 4.65%, compounded monthly, with a balance of $3,901.95, at the time of repayment plus loan: annual interest rate of 5.65%, compounded monthly with payment deferred until graduation which loan will have a lower balance and by how much at the time of repayment?
A loan will have a lower balance and by much at the time of repayment $142.13.
What is loan?A loan is any sum of money, a piece of property, or other tangible item that is given to another party with the understanding that it will be paid back, plus interest, at a later date. A loan was the pay with interest.
Calculated the repayment of loan:
Given,
loan in the amount of $3,725
Annual interest rate of 4.65%
compounded monthly, with a balance of $3,901.95
annual interest rate of 5.65%
monthly interest rate is 4.65% ÷ 12
monthly interest rate = 0.3875%.
monthly interest rate is 5.65% ÷ 12
monthly interest rate = 0.4708%.
balance = principal x (1 + monthly interest rate)^ number of compounding periods
balance = $3,725 x \((1 + 0.003875)^6\)
balance = $3,901.95
balance = principal x (1 + monthly interest rate)^ number of compounding periods
balance = $3,725 x \((1 + 0.004708)^6\)
balance = $4,044.08
Amount of loan = $4,044.08 - $3,901.95
Amount of loan = $142.13.
As a result, the significance of the loan will have a lower balance in period of repayment is $142.13.
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Using an advertising agency is a cost-effective way for a small business to advertise its products or services.
a. True
b. False
Business Ethics Nine-point Checklist Questions
You own a business in the United States that you have determined needs to move out of the country in order to survive. Choose one of the companies below to complete your quiz.
As you prepare to leave, you need to identify those who are helped (individuals in the new country) and those who are hurt. Next, you need to define your ethical responsibilities to all your shareholders (the individuals in the US).
Choose one of these companies as your company to answer the Business Ethics Checklist.
Apple
IBM
Cisco Systems
Nike
Wal-Mart
What are the facts? Who is affected? Is there an ethical problem? Is it simply right vs. wrong? Is this an ethical dilemma: Right vs. wrong? What resolution principles might be applied? What are your options? Is there a third way? Reflect on why you think this is the best decision? PLEASE SOMEONE HELP ASAP!!!!!!!
YOULL GET 100 POINTS!!!!
The business Ethics Nine-Point Checklist aids in making ethical decisions. The one for Wal-Mart is as follows:
The background: I'm leaving and I have to identify those who have helped and those who have hurt.The facts? I will be leaving and I have to ensure that my absence does not hurt the company.Who is affected? The company as a whole will be affected if I don't put proper succession plans in placeIs there an ethical problem? Yes. My responsibility within the company is to ensure that the company continues to exist and function legally and separately from my person so that other stakeholders (staff and investors) are not put at a disadvantage.Dilemma? The dilemma only exists if the solution to my absence is such a difficult one. The conflict is between my personal interests and that of the company.What resolution principles may be applied? Succession planning and change management is crucial in this case.Is there a third way? Yes. The third way would be to reexamine the reason why I want to leave in the first place and see if there is a possible solution to thatWhat is the best decision? This would be dependent on a lot of subjective factors.What is ethics?Ethics, often known as moral philosophy, is a philosophical field that "involves systematizing, defending, and advocating conceptions of good and bad action." The field of ethics, like aesthetics, is concerned with considerations of worth; together, these subjects compose the branch of philosophy known as axiology.
The Fundamental Ethics Principles The four ethical principles are beneficence, nonmaleficence, autonomy, and justice.
Ethics is what motivates us to speak the truth, honor our promises, and assist those in need. On a daily level, an ethical framework underpins our lives, assisting us in making decisions that have a good influence and directing us away from unjust consequences.
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minstrel manufacturing uses a job order costing system. during the month, minstrel purchased $191,000 of raw materials on credit; issued materials to production of $212,000 of which $13,000 were indirect. minstrel incurred a factory payroll of $156,000, of which $23,000 was indirect labor. minstrel uses a predetermined overhead application rate of 150% of direct labor cost. if minstrel incurred total overhead costs of $194,000 during the month, compute the amount of under- or overapplied overhead: multiple choice $40,000 overapplied. $38,000 underapplied. $38,000 overapplied. $5,500 overapplied. $5,500 underapplied.
Factory Payroll $156,000,Indirect labor ($23,000),Direct labor $133,000 Direct materials $199,000,Direct labor $133,000,Applied overhead $199,500,Total manufacturing costs $531,500,Applied overhead [$133,000 Direct labor x 150%] $199,500
Manufacturing is the creation or production of goods using resources including equipment, labour, tools, chemicals, or biological formulas. It serves as the secondary sector of the economy's hub. [1] The expression can be used to represent a range of human endeavours, from handicraft to high-tech, but it is most usually associated with industrial design, which requires the extensive transformation of raw materials from the primary sector into finished goods. Such products may be sold to other manufacturers for the production of other, more complex products (such as aircraft, home appliances, furniture, sports equipment, or computers) or distributed through the tertiary industry to end users and consumers (typically through wholesalers, who in turn sell to retailers, who in turn sell to consumers).
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hello im Michal the fox how may tails i have three,two or,four
Answer:
2
Explanation:
What is product positioning?
Answer:
Product positioning is a strategic exercise that defines where your product or service fits in the marketplace and why it is better than alternative solutions. The goal is to distill who your audience is, what they need, and how your product can uniquely help. Product positioning is the basis of your marketing story.
Explanation:
MERCHANDISE INVENTORY Exercise 1: Nen Company uses a perpetual inventory system. During May, the following transactions and events occurred May 13 Sold 12 motors at a cost of 540 cach to Slater Brothers Supply Company, terms 1/10, 30. The motors cost Non 525 each. May 16 Two defective thotos were returned to Nisu May 21 Received payment in full from Slater Brothers Required: Journalize the May transactions for Nen Company (seller) assuming that Nenuses a perpetual inventory system. You may omit explanations Accounts Title Ref. Debit Credit Date May 13 16 23
Nen Company uses a perpetual inventory system. On May 13, they sold 12 motors to Slater Brothers Supply Company and received payment from them on May 21. On May 16, two defective photos were returned to Nisu.
Nen Company uses a perpetual inventory system which means that they update their inventory accounts continuously as goods are bought and sold. On May 13, Nen Company sold 12 motors to Slater Brothers Supply Company for $540 each at a cost of $525 each. The terms of the sale were 1/10, 30. This means that Slater Brothers can receive a 1% discount if they pay within 10 days or the full amount is due in 30 days. On May 16, two defective photos were returned to Nisu. These transactions are recorded in the company's journal with the accounts title and references, debit and credit. Finally, on May 21, Nen Company received payment in full from Slater Brothers.
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Ava has a large inventory of electric generators in a database table. Her boss asked her to create a
table of 100 to 500 kilowatt generators that can also be used during freezing weather. How can Ava
use this table to create a promotion for their customers?
As the existing customer of the company is concern, the list of individual of the database can be incentivized either by sales discount or gift during their next purchase of generator in the company.
What is Promotion in marketing?In marketing, a promotion refers to an form of communication, contact or action aimed at influencing people to buy more of their products or services.
In conclusion, as the existing customer of the company is concern, the list of individual of the database can be incentivized either by discount or gift on their next purpose of generator in the company.
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What should we conclude from the statement that "the cognitive and the emotional
are combined in philosophy"?
Philosophers are often thought of as walking, talking computers.
We should think the hardest about the beliefs that we care about the most
deeply.
Our feelings and opinions should guide us when we do philosophy.
The primary work of philosophy is to analyze emotion.
We should conclude that the primary work of philosophy is to analyze emotion
Philosophy is an activities that help people to understand fundamental truths, existence, knowledge, values, mind et
Let understand that emotion has a influence on the cognitive processes in humans. Ability to learn, emotions, knowledge, memory, reasoning are all cognitive processes.
In conclusion, the primary work of philosophy is to analyze emotion in human because its depends on cognitive of human which are influenced by emotions.
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A company made an issue for cash of 1,000,000 50n shares at a premium of 30n per share. Write journal entries for the above transactions (2marks)
To record the issue of 1,000,000 50n shares at a premium of 30n per share, the following journal entries would be made:
Cash Dr 50,000,000n
Share Capital Dr 25,000,000n
Share Premium Dr 30,000,000n
Share Application Account Cr 105,000,000n
In this entry, the company debits the Cash account for the total amount of cash received from the share issue, which is 50,000,000n. The Share Capital account is debited with the par value of the shares issued, which is calculated by multiplying the number of shares (1,000,000) by the par value per share (50n), resulting in a debit of 25,000,000n. The Share Premium account is debited with the premium amount, which is calculated by multiplying the number of shares (1,000,000) by the premium per share (30n), resulting in a debit of 30,000,000n. On the credit side, the Share Application Account is credited with the total amount of cash received from the share applicants, which is 105,000,000n.
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