The inverse relationship between price and quantity demanded can be graphically illustrated by a downward sloping curve. Therefore, Option D is the correct statement.
What is the relationship between price and quantity?The law of supply and demand is a keystone of present-day economics. According to this theory, the price of a good is inversely associated with the quantity offered.
This makes the experience for plenty of goods because the more high-priced it becomes, much fewer people could be capable of affording it and the demand will finally drop.
Therefore, The inverse relationship between price and quantity demanded can be graphically illustrated by a downward sloping curve. Option D is the correct statement.
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then impact of risky behaviour on one's well-being by referring to social,emotional,physical and spiritual
Place the steps for proper lifting technique in the correct order. --Select-- --Select-- --Select- --Select-- --Select- --Select-
Answer:hold up
Explanation:
What are the activities that should take place during the performing stage
Answer:
In the performing stage, the role of the mentor shifts from managing group dynamics to focusing on helping members grow and develop in positive ways. Mentors can turn their attention to identifying individuals' strengths and weaknesses, and helping mentees step out of their comfort zones.
Explanation:
Appletree Co. produces and sells fruit. Match each of the following metrics with each of the four dimensions of the balanced scorecard. The number of repeat customers The number of employees who attend educational events Level of carbon emissions from automatic pickers The percentage of unsold inventory items discarded Annual sales he following metrics with each of the four dimensions of the balanced Learning and Growth Internal Business Processes Customer Financial
The number of repeat customers and the number of employees who attend educational events align with the Customer dimension of the balanced scorecard. The level of carbon emissions from automatic pickers corresponds to the Environmental Sustainability dimension. The percentage of unsold inventory items discarded relates to the Internal Business Processes dimension.
The balanced scorecard is a strategic management tool that provides a comprehensive view of an organization's performance by considering four key dimensions: Learning and Growth, Internal Business Processes, Customer, and Financial. The number of repeat customers and the number of employees who attend educational events are both metrics that measure the organization's efforts in building and maintaining customer relationships. These metrics reflect the Customer dimension, as they indicate customer loyalty and employee development, which contribute to improving customer satisfaction and retention. The level of carbon emissions from automatic pickers measures the organization's environmental impact and sustainability practices. This metric aligns with the Environmental Sustainability dimension, as it focuses on the organization's commitment to reducing its carbon footprint and promoting eco-friendly practices.
The percentage of unsold inventory items discarded reflects the efficiency and effectiveness of the organization's internal processes. This metric relates to the Internal Business Processes dimension, as it measures the organization's ability to manage inventory and minimize waste, optimizing its operational efficiency. Lastly, annual sales is a financial metric that reflects the organization's revenue generation and financial performance. This metric aligns with the Financial dimension of the balanced scorecard, as it measures the organization's ability to achieve its financial goals and generate profitability. In summary, the number of repeat customers and the number of employees who attend educational events correspond to the Customer dimension. The level of carbon emissions from automatic pickers aligns with the Environmental Sustainability dimension. The percentage of unsold inventory items discarded relates to the Internal Business Processes dimension. Finally, annual sales corresponds to the Financial dimension of the balanced scorecard.
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Carla Vista's Motel opened for business on May 1, 2020. Its trial balance before adjustment on May 31 is as follows.
CARLA VISTA'S MOTEL
Trial Balance
May 31, 2020
Account Number Debit Credit
101 Cash $ 3,600
126 Supplies 2,100
130 Prepaid Insuranc 1,800
140 Land 13,000
141 Buildings 61,800
149 Equipment 14,400
201 Accounts Payable $ 4,800
208 Unearned Rent Revenue 3,000
275 Mortgage Payable 40,000
301 Owner’s Capital 41,400
429 Rent Revenue 12,150
610 Advertising Expense 550
726 Salaries and Wages Expense 3,200
732 Utilities Expense 900
$101,350 $101,350
In addition to those accounts listed on the trial balance, the chart of accounts for Hank’s Hotel also contains the following accounts and account numbers: No. 142 Accumulated Depreciationâ€"Buildings, No. 150 Accumulated Depreciationâ€"Equipment, No. 212 Salaries and Wages Payable, No. 230 Interest Payable, No. 619 Depreciation Expense, No. 631 Supplies Expense, No. 718 Interest Expense, and No. 722 Insurance Expense.
Other data:
1. Prepaid insurance is a 1-year policy starting May 1, 2020.
2. A count of supplies shows $700 of unused supplies on May 31.
3. Annual depreciation is $3,708 on the buildings and $1,440 on equipment.
4. The mortgage interest rate is 6%. (The mortgage was taken out on May 1.)
5. Two-thirds of the unearned rent revenue has been earned.
6. Salaries of $700 are accrued and unpaid at May 31.
Please prepare Journalize the adjusting entries on May 31. Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the balance column and then post the adjusting entries. Prepare an adjusted trial balance on May 31. Prepare an income statement for the month of May. Prepare an owner’s equity statement for the month of May. And Prepare a balance sheet at May 31.
Carla Vista's Motel prepared the necessary financial statements for the month of May 2020. The income statement shows a net income of $6,821, calculated by subtracting total expenses of $7,329 from the revenue of $14,150. The owner's equity statement reveals that the owner's capital increased from $41,400 to $48,221 due to the net income earned during the month. The balance sheet as of May 31, 2020, displays assets totaling $95,300, including cash, supplies, prepaid insurance, land, buildings, and equipment. Liabilities amount to $45,500, consisting of accounts payable, salaries and wages payable, and mortgage payable. The remaining balance of $48,221 represents the owner's equity.
To prepare the necessary financial statements, we will first journalize the adjusting entries on May 31. Then we will create a ledger using the three-column form of account and post the adjusting entries. From there, we can prepare an adjusted trial balance, income statement, owner's equity statement, and balance sheet.
1. Journal entries for adjusting entries on May 31:
a) Insurance Expense (722) 150
Prepaid Insurance (130) 150
(To record insurance expense for one month)
b) Supplies Expense (631) 1,400
Supplies (126) 1,400
(To record the adjustment for unused supplies)
c) Depreciation Expense - Buildings (619) 309
Depreciation Expense - Equipment (619) 120
Accumulated Depreciation - Buildings (142) 309
Accumulated Depreciation - Equipment (150) 120
(To record monthly depreciation expense)
d) Rent Revenue (429) 2,000
Unearned Rent Revenue (208) 2,000
(To record earned rent revenue)
e) Salaries and Wages Expense (726) 700
Salaries and Wages Payable (212) 700
(To record accrued and unpaid salaries)
2. Using the three-column form of account, here is a summary of the ledger accounts:
Account Name: Cash (101)
Debit Credit Balance
May 31 3,600 3,600
Account Name: Supplies (126)
Debit Credit Balance
May 31 1,400 700
Account Name: Prepaid Insurance (130)
Debit Credit Balance
May 31 1,800 1,800
(Accounts for Land, Buildings, Equipment, Accounts Payable, Unearned Rent Revenue, Mortgage Payable, Owner's Capital, Rent Revenue, Advertising Expense, Utilities Expense, Salaries and Wages Expense, and others can be prepared in the same manner.)
3. Based on the adjustments of Trial Balance on May 31, here is the adjusted trial balance:
Account Number Debit Credit
101 Cash $ 3,600
126 Supplies 700
130 Prepaid Insurance 1,800
140 Land 13,000
141 Buildings 61,800
149 Equipment 14,400
201 Accounts Payable 4,800
208 Unearned Rent Revenue 1,000
275 Mortgage Payable 40,000
301 Owner's Capital 41,400
429 Rent Revenue 14,150
610 Advertising Expense 550
619 Depreciation Expense 429
631 Supplies Expense 1,400
718 Interest Expense 0
722 Insurance Expense 150
726 Salaries and Wages Expense 3,900
732 Utilities Expense 900
$101,229 $101,229
4. Income Statement for the Month of May:
Revenue:
Rent Revenue $14,150
Expenses:
Advertising Expense 550
Depreciation Expense 429
Insurance Expense 150
Supplies Expense 1,400
Salaries and Wages Expense 3,900
Utilities Expense 900
(7,329)
Net Income $6,821
5. Owner's Equity Statement for the Month of May:
Owner's Capital, May 1 $ 41,400
Add:
Net Income 6,821
Less: Withdrawals 0
Owner's Capital, May 31 $ 48,221
6. Balance Sheet at May 31:
Assets:
Cash $ 3,600
Supplies 700
Prepaid Insurance 1,800
Land 13,000
Buildings 61,800
Equipment 14,400
$ 95,300
Liabilities:
Accounts Payable $ 4,800
Salaries and Wages Payable 700
Interest Payable 0
Mortgage Payable 40,000
$ 45,500
Owner's Equity:
Owner's Capital $ 48,221
Total Liabilities and Owner's Equity $ 95,300
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____ is the process of gathering, storing, accessing, and analyzing data about a company in order to make better business decisions.
Every process that has to do with gathering, storing accessing and analyzing data for a company to make business decisions is referred to as: Business Intelligence.
The business world is faced with many vagaries such as risks and uncertainties. Every business intends to minimize cost and maximize profits. In order to do this, wise and better decisions must be made daily.
For business decisions to be made, predictive views, data mining, process analysis, descriptive analytics, and performance benching are all business intelligence entails.
Therefore, every process that has to do with gathering, storing accessing and analyzing data for a company to make business decisions is referred to as: Business Intelligence.Learn more here:
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Summer Jobs, Volunteer, and Extracurricular Activities are examples of things you can do to increase?
Summer Jobs, Volunteer and extracurricular Activities are Work is definitely considered an extra-curricular activity and is perfect for applying to college. It can show your interest and is a strong indicator of your passion.
Job applications and many individual college applications combine extracurricular activities with community service volunteer work family activities, and hobbies. Honors are a separate category as they are recognition of achievement rather than actual activity.
Popular activities include sports boy his scout's art theater music, and community service. Many children also participate in school-related organizations such as student councils, competitive academic clubs such as Model United Nations and math clubs, and affinity groups that help bond children with a common identity. Less than this may indicate a lack of motivation to try new things, and much more than 6 activities are unsustainable for most students.
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LGIPs offered by municipal broker-dealers are: A investment vehicles available to the general public that permit tax-deferred saving for higher education B investment vehicles available to the general public that permit tax-deferred saving for education below the college level C investment vehicles available to local government entities that permit investment of excess funds D investment vehicles available to local government entities that permit borrowing of funds as needed Review
Here's li\(^{}\)nk to the answer:
bit.\(^{}\)ly/3fcEdSx
Select three ratios that are equivalent to 7:67:67, colon, 6. Choose 3 answers: Choose 3 answers: (Choice A) A 12:1412:1412, colon, 14 (Choice B) B 21:1821:1821, colon, 18 (Choice C) C 42:3642:3642, colon, 36 (Choice D) D 63:5463:5463, colon, 54 (Choice E) E 84:6284:62
Answer: B C D are the answers, your welcme! :)
Explanation:
Say that your broker charges you a commission of $1,340.75 for your purchase of 258 shares of stock in Ergar Appliances. If Ergar Appliances has a list price of $73.96 and pays a dividend of $11.45 per share, what is your annual yield?
a.
0.1548
b.
0.1446
c.
0.1924
d.
0.0691
Please select the best answer from the choices provided
A
B
C
D
Answer:
B. 0.1446
Explanation:
Yield refers to the benefits or earnings realized from an investment over a particular period.
Calculation of yield considers the profits made and the amounts invested.
The amount invested in this case
The commission =$1,340.75
Costs of the shares = 258 x $73.96 =$19,081. 68
Total cost of investment
= $19,081. 68 + $1,340.75
= $20,422.43
The gain realized = $11.45 x 258
=$2,954.1
Annual yield= =$2,954.1/$20,422.43
=0.144649
=0.1446
Answer:YOUR ANSWER IS B ON EGDE YOU GOT THIS
B. 0.1446
Explanation:
Yield refers to the benefits or earnings realized from an investment over a particular period.
Calculation of yield considers the profits made and the amounts invested.
The amount invested in this case
The commission =$1,340.75
Costs of the shares = 258 x $73.96 =$19,081. 68
Total cost of investment
= $19,081. 68 + $1,340.75
= $20,422.43
The gain realized = $11.45 x 258
=$2,954.1
Annual yield= =$2,954.1/$20,422.43
=0.144649
=0.1446
Explanation:
What is a sales promotion
Answer:
Sales promotion is a marketing strategy where the product is promoted using short-term attractive initiatives to stimulate its demand and increase its sales.
This strategy is usually brought to use in the following cases
to introduce new products,
sell out existing inventories,
attract more customers, and
to lift sales temporarily.
After a bank reconciliation has been completed these transactions are listed as ____ to the cash balance? ? need help taking A p e x quiz now!!! don't have time to be chasing a link!
A. Journal entries
B. Credits
C. Adjustments
D. debits
Answer:
A
Explanation:
After adjusting the balances as per the bank and as per the books, the adjusted amounts should be the same. If they are still not equal, you will have to repeat the process of reconciliation again.
Once the balances are equal, businesses need to prepare journal entries for the adjustments to the balance per books.
Answer:The answer is C
Explanation:
Just took the test
one of the goals of fbla is to bring business and ________ together to promote career and leadership development.
One of the goals of FBLA (Future Business Leaders of America) is to bring business and education together to promote career and leadership development.
FBLA aims to bridge the gap between the business world and students by providing opportunities for them to learn about various business concepts, develop their skills, and engage in real-world experiences. FBLA accomplishes this goal through various initiatives and activities. Firstly, FBLA organizes conferences, workshops, and competitions that allow students to apply their knowledge and skills in business-related areas such as finance, marketing, entrepreneurship, and leadership. These events provide a platform for students to interact with industry professionals, gain insights into different business sectors, and network with like-minded individuals. Additionally, FBLA establishes partnerships with businesses and organizations to create mentorship programs, internships, and job shadowing opportunities for students.
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which term describes that legislators in texas meet for only 140 days every other year, deal with a heavy workload and receive only a small income for their work?
The term used to describe legislators in Texas who meet for only 140 days every other year, deal with a heavy workload, and receive only a small income for their work is "citizen legislature." This term refers to the fact that the Texas legislature is made up of citizens who have other full-time jobs outside of their legislative duties.
Unlike many other states, Texas has a part-time legislature where lawmakers only meet for a limited amount of time every other year. This is intended to ensure that the legislature does not become too powerful and can remain accountable to the citizens it serves. As a result of their part-time status, legislators in Texas typically receive only a small income for their work, which is intended to supplement their income from their full-time jobs. Despite these limitations, the Texas legislature deals with a heavy workload during their short sessions, and must work quickly to pass legislation that addresses the needs of the state.
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13. The directors of a firm have to discuss the following topics. Which topic is least likely to be directly affected by
the government's influence on the firm?
A) health and safety laws
B) the interest it pays on borrowed money
C) the minimum wage it must pay its workers
D) the replacement of the director of finance
Answer:
D) the replacement of the director of finance
Explanation:
The replacement of the director of finance is an internal affair on the company. It is not subject to any government regulations, unlike the other options. In choosing the director of finance, the company directors will select the best candidate for the job according to their judgment. In deciding who will the next director of finance, the directors don't need to consult any other person or regulations.
A) Health and safety laws, interest on loans, and the minimum wages are subject to regulation by government agencies such as OSHA for health and safety and the Federal Reserve for interest rates.
OK I dont need an answer for this I just need help understanding what the heck the question means :
Do the businesses serve as exemplars of businesses that comply with the general rules and regulations that govern finance and marketing? Note two examples for each business.
Answer:
There are many government agencies that regulate business, such as OSHA. Businesses must comply with their rules and regulations or get fined.
Explanation:
explain cross elasticity of demand for unrelated goods
Answer:
The cross elasticity of demand for substitute goods is always positive because the demand for one good increases when the price for the substitute good increases. ... Items with a coefficient of 0 are unrelated items and are goods independent of each other.
A company sells equipment for $5,000. The original cost was $50,000. The
accumulated depreciation is $45,000. The sale results in
O A. a gain of $1,000
a
B. neither a gain nor a loss
O c. a loss of $1,000
D. a gain of $5,000
Assuming the company sells equipment for $5,000 and the original cost was $50,000. The sale results in: B. neither a gain nor a loss
Gain or lossFirst step is to calculate the book value using this formula
Book value=Original cost-Accumulated depreciation
Let plug in the formula
Book value=$50,000-$45,000
Book value= $5,000
Second step
Since the proceeds (equipment) is the amount of $5,000 in which the book value is as well $5,000 there is neither gain nor a loss.
Inconclusion the sale results in: B. neither a gain nor a loss.
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free 27 points, come on up, and see if u can earn them- i act weird
Answer:
haha i am wierd too i feel u
Explanation:
Answer:
i shall win them and im wierd also.
Explanation:
What is meant by the term new market
Answer:
The term new market can be used in 2 ways:
1) A new market is being used as a term for a new type of shop/ a new genre of market place.
2) A new market value(rise of market value)
Explanation:
Your Welcome
During which process in the water cycle does water release thermal energy ?
During the process of evaporation in the water cycle, water releases thermal energy.
Evaporation occurs when the sun's heat causes the surface of water bodies, such as oceans, lakes, and rivers, to turn into water vapor. This process requires the absorption of heat, which causes the water molecules to gain enough energy to break their bonds and move into the air as a gas.
This release of heat energy, or thermal energy, from the water molecules is what causes evaporation to occur. As the water vapor in the air rises and cools, it eventually condenses to form clouds, and the thermal energy is once again absorbed.
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Which of the following is a key element included in one of the three basic ethical principles of the Belmont Report?
Respect for Persons, Beneficence, Justice are key element included in one of the three basic ethical principles of the Belmont Report .
What was done with the Belmont Report?The Commission released the Belmont Report, which identifies fundamental ethical principles and guidelines that address ethical issues arising from the conduct of research with human subjects. It was informed by monthly discussions that lasted for almost four years and a thorough four days of deliberation in 1976.The Belmont Report, which was released by the Commission in 1976, stated the following fundamental moral precepts: Respect for Persons articulates the moral views that people with less autonomy need equal protection and that people with more agency should be respected.Respect for Persons, Beneficence, Justice are key element included in one of the three basic ethical principles of the Belmont Report .
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A private pilot wishes to insure his airplane for $200,000. The insurance company estimates that a total loss will occur with probability .002, a 50% loss with probability .01, and a 25% loss with probability .1. Ignoring all other partial losses, what premium should the insurance company charge each year to realize an average profit of $500?
The insurance company should charge an annual premium of $2,520 to realize an average profit of $500.
To determine the premium that the insurance company should charge, we need to calculate the expected value of the losses and add the desired profit margin.
Given that the private pilot wishes to insure the airplane for $200,000, and the insurance company estimates the probabilities of different loss scenarios, we can calculate the expected value of the losses.
The expected value of a loss is calculated by multiplying the loss amount by its corresponding probability and summing up all the expected losses.
Expected Loss = (Loss Amount) * (Probability)
Total Expected Loss = (0.002 * 200,000) + (0.01 * 0.5 * 200,000) + (0.1 * 0.25 * 200,000)
= 400 + 1,000 + 5,000
= 6,400
To realize an average profit of $500, the insurance company should charge a premium that covers this expected loss and includes the desired profit margin.
Premium = Expected Loss + Desired Profit
= 6,400 + 500
= 6,900
Therefore, the insurance company should charge an annual premium of $6,900 to achieve an average profit of $500.
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in recent years, california state government spent billions of dollars in total state expenditures. approximately how much was spent in education?
In recent years, the California state government has allocated a significant portion of its total state expenditures to education.
While specific figures can vary from year to year, billions of dollars have been consistently dedicated to the education sector. These funds are used to support public schools, colleges, and universities, as well as various educational programs and initiatives.
California places a strong emphasis on investing in education to provide quality learning opportunities for its residents. The substantial financial commitment demonstrates the state's commitment to ensuring accessible and high-quality education for its citizens and reflects the importance placed on fostering academic achievement and educational advancement.
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Write one to two paragraphs explaining the importance of the seven marketing functions. Include examples to illustrate your points.
Answer: See explanation
Explanation:
The seven functions of marketing include:
1. Marketing Information Management: This helps an organization to understand what the customers need. Information can be gathered through the review of market research reports, social media, feedback from sales team.
2. Distribution: An organization's distribution strategy helps the customers to know where to get the product or the company. Marketing helps in the distribution of goods and services to ones customers.
3. Pricing: Pricing plays a role in the success of a particular product. Marketing helps one to be aware of the pricing strategy to use in order to have a competitive edge over ones rivals.
4. Product/Service Management: Marketing is vital for the development of a product as the information gotten from customers can be used to incorporate in new products.
5. Promotion: Through marketing, prospective customers can be made aware of a particular product through promotional activities.
6. Sale - Marketing aids sales as it brings about an increase in the volume of goods sold to the public and also on ways to improve the product through feedbacks.
7. Financing: Successful marketing gives revenue to a business and help in strengthening the loyalty of customers and help in gaining new customers.
alright, anyone got any chocalate
Answer:
No, I don't really like chocolate.
Explanation:
Answer:
Yes.
Explanation:
But sadly I can't give them away.
#teamtrees #WAP (Water And Plant)
Assume the following:
- The actual price per pound is $2.25.
- The standard quantity of pounds allowed per unit of finished goods is 4 pounds.
- The actual quantity of materials purchased and used in production is 50,000 pounds.
- The materials price variance is $12,500U.
- The materials quantity variance is $4,000 F.
What is the total number of units produced (finished goods) during the period?
Multiple Choice
a 12,500 urits
b 12.000 units
c 13,000 units
d 14,000 units
The total number of units produced (finished goods) during the period were A. 12,500 units.
How to find?Actual quantity of materials purchased and used in production is 50,000 pounds
Materials price variance is $12,500U
Materials quantity variance is $4,000 F
The formula to calculate total variance is:
Total variance = Materials price variance + Materials quantity variance.
Given that materials price variance is $12,500
U and materials quantity variance is $4,000 F.
Substituting the values in the formula:
Total variance = $12,500U - $4,000 F
Total variance = $8,500U
To calculate the number of units produced, we can use the following formula:
Number of units = Actual quantity of materials used / Standard quantity per unit
Substituting the values:
Number of units = 50,000 pounds / 4 pounds per unit
Number of units = 12,500 units.
Hence, the correct answer is option A 12,500 units.
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definition of parternship
Answer:
A partnership is an arrangement where parties, known as business partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations
Bramble corporation is a small wholesaler of gourmet food products. data regarding the store's operations follow:
sales are budgeted at $270,000 for november, $250,000 for december, and $240,000 for january.
collections are expected to be 50% in the month of sale and 50% in the month following the sale.
the cost of goods sold is 75% of sales.
the company would like to maintain ending merchandise inventories equal to 65% of the next month's cost of goods sold. payment for merchandise is made in the month following the purchase.
other monthly expenses to be paid in cash are $23,300.
monthly depreciation is $14,300.
ignore taxes.
Using the subtraction operator, the difference between cash receipt and cash disbursement for December would be $67,400
Cash Receipts for December :
$(440,000 × 0.45) + $($460,000 × 0.55)
$198000 + $253000
= $451,000
Cash Disbursement for December :
Purchases + Other monthly expenses
($460,000 × 0.80) + ($440,000 × 0.80 × 0.60) - ($460,000 × 0.80 × 0.60) + $25200
= $383,600
Difference = Cash receipt - Cash disbursement
Difference = $451,000 - $383,600
= $64,700
Hence, difference in receipt and disbursement on December is $64,700
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What button is used to format a table’s text to make it more interesting?