Work-in-process inventory account for $1,600 and manufacturing overhead account for $350.
What is an inventory?Inventory includes both the raw materials needed in production and the finished commodities that are offered for sale. Since inventory turnover is one of the main means of generating income and, consequently, profits for the firm's shareholders, it is one of the most significant assets a company may have. Raw materials, work-in-progress, and finished goods are the three categories of inventory. On a company's balance sheet, it is listed as a current asset. For any business, inventory is a crucial asset. It is described as the assortment of raw materials or completed products that a corporation keeps on hand for everyday business operations.
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An essential assumption underlying gaap is that all economic events can be identified with what?
An essential assumption underlying aggregation is that every one economic events will be known with its associate economic entity.
What is the economic entity principle?
The economic entity principle is a foundational thought in accounting that needs business entities to be treated as separate legal and monetary entities. This suggests that all financial transactions of the corporation ought to be recorded one by one from those of the owner.
Consumers, households, firms, and also the government are the four straightforward entities of a national economy because of the actual fact they do the fundamental monetary activities of production and intake in an economic system.
Examples,
Single person, single product, or single organization. Entity type. A person, organization, object type, or thought regarding that information is stored. Describes the sort of the data that's being mastered.To learn more about Economic Entity, visit:
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A project has estimated annual net cash flows of $68,000. it is estimated to cost $380,800. determine the cash payback period. round your answer to one decimal place.
Certainly put a project is a series of duties that want to be completed to attain a particular final results.
A undertaking also can be described as a set of inputs and outputs required to achieve a selected aim. projects can variety from easy to complicated and can be controlled by one person or one hundred.
The payback length is the period required to get better the initial investment
The payback period does no longer take into account the cash flows generated after the payback length.
Determine the payback length by means of dividing the initial value by annual
internet coins flows:
Initial cost
Payback period = lital cost
Stack Pesiod = all net cash HWS
Substitute $180,000 for initial cost and $50,000 for annual net cash flows
the equation to get the payback pe
Therefore, the cash payback period is 3.60 years
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suppose that a commercial bank wants to buy treasury bills. these instruments pay $6 comma 000 in one year and are currently selling for $6 comma 10
What Is a Treasury Bill (T-Bill)?
Having a maturity of one year or less, a Treasury Bill (T-Bill) is a short-term obligation of the United States government backed by the Treasury Department. Typically, $1,000 bills are available for purchase from the Treasury.
T-Bills are sold by the Treasury Department in auctions that feature both competitive and non-competitive bidding. The price of a noncompetitive bid, sometimes referred to as a noncompetitive tender, is determined by averaging all the competitive offers that were received. The tangible net worth of T-Bills is typically very high.
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Monty saves 20 percent by buying a record on sale for 6.36. what was the original price?
By purchasing the album on sale for 6.36, Monty made a 20% save. The purchase cost $7.95 at first.
The price that was established by the MSRP (manufacturer's suggested retail price) is known as the original pricing. The initial price was often always less expensive than the current price, however original and current prices occasionally coincide. The discounted price at which products or services are being sold is known as a sale price. Typically, this price is provided for a brief period of time in an effort to boost sales during a sluggish period or get rid of extra inventory. The discount is shown in the advertisement as a percentage of the list price.
Let O = original price,
Sale price, S = 6.36,
Discount, D = 0.20
S = (1 - D)O
divide by 1/D
S/(1 - D) = O
plug in what you know
(6.36)/(0.80) = O
O = $7.95
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The gdp deflator for this year is calculated by dividing the using by the using and multiplying by 100. However, the cpi reflects only the prices of all goods and services. True or false?.
The GDP deflator for this year is calculated by dividing the used by the using and multiplying by 100. However, the CPI reflects only the prices of all goods and services; therefore the correct option is True.
The GDP deflator for this year is determined by multiplying by 100, then dividing the value of all goods and services produced in the economy this year at prices from this year by the value of all goods and services produced in the economy this year at prices from the base year. The CPI, however, only includes the costs of all consumer purchases of goods and services.
The CPI, a different economic term used to describe the consumer price index, and the GDP deflator are closely related. The GDP deflator can determine if there was inflation or deflation in the national economy for a specific year by using the CPI.
Therefore the correct option is True.
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fill in the blank question. the cost of operating two machines is as follows: machine a: $22,000 per year of fixed cost plus $6 per unit produced. machine 2: $8,000 per year of fixed cost plus $13 per unit produced. when deciding which machine to purchase, the indifference point is
The indifference point will be 466.67 units
If the quantity is less than 466.67 units, machine A has a lower total cost (higher profit). Above 466.67 units, production B is more profitable.
What is indifference point?The indifference point is the volume level at which the total cost, and hence profit, is equal under both cost structures. If your company is operating at this volume level, it doesn't matter which alternative you use because the income is the same in both cases. At the cost indiscriminate point, the total costs (fixed and variable) associated with the two alternatives are equal.
There can be two ways to do one thing, or two alternatives, say two ways of production. Certain activity levels are also possible. One manufacturing method is better than another and vice versa.
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Since the objective of the firm is to maximize shareholder wealth, anything goes. True or false
Since the objective of the firm is to maximize shareholder wealth, anything goes.
The statement is false.
The shareholder wealth maximization goal states that control have to are seeking to maximise the existing cost of the expected future returns to the owners (that is, shareholders) of the company. those returns can take the form of periodic dividend bills or proceeds from the sale of the commonplace inventory.
In present-day finance, it's far confirmed that shareholder wealth maximization is the advanced goal of a firm, and shareholders are the residual claimants; therefore maximizing shareholder returns generally means that corporations should additionally fulfill stakeholders consisting of clients, personnel, providers, and neighborhood communities.
Maximizing shareholder wealth is mostly a superior purpose of the company, growing income to increase the dividends paid out for every not unusual inventory. Shareholder wealth is expressed via the higher rate of stock traded at the inventory marketplace.
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facilities managers must conduct all maintenance activities without regard for costs in order to assure successful continued operations of the business.
Facilities Managers must conduct all maintenance activities without regard for costs in order to assure successful continued operations of the business. This statement is False.
What a facilities Managers does?
Facilities Managers are accountable for the security, upkeep and offerings of work centers to ensure that they meet the wishes of the company and its personnel. Facilities Managers basically look after all the offerings that helps a enterprise or different employer do its work.
What makes precise facilities Managers?
Effective communique, in-depth know-how of the issue, and those capabilities will assist encourage the facilities control group. A excellent Facilities Managers will actively interact with staff and carriers to deliver out the first-rate performance. Notable Facilities Managers see key vendors as strategic partners and now not surely as service vendors.
Who does a facility manager record to?
Facilities Managers often report to an operations director, government or constructing proprietor, as they make certain their teams help the physical wishes of a belongings and the education wishes for employees to contribute to place maintenance.
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of the following examples, which one has little or no effect on labor productivity? the quality and quantity of available capital resources. the quality and quantity of available capital resources. technological change. technological change. the frequency of business cycles.
The Quality and Quantity of available Capital Resources have little or no effect on labour Productivity.
Labour productivity is the number of products or services produced per unit of time. It represents the workers' efficiency in terms of time spent building things or performing services. Apart from input time, no other input elements are taken into account. Many additional factors, such as labour, the condition of the types of machinery utilised and the raw materials used, might impact productivity. The concept of labour productivity is employed both in business and in government. The idea is frequently utilised by economists worldwide and is quite valuable.
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the project management institute (pmi) develops procedures and concepts necessary to support the profession of project management. which of the following is not one of the three areas it focuses on?
Change in business goals during project planning (management) is not one of the three areas it focuses on. Hence, option C is correct.
What is project planning?The discipline of project planning focuses on how to complete a project within a predetermined timeframe, often with predetermined stages and resources. According to one method of project planning, the first stage is to set definable goals. Setting forth the deliverables.
The Project Management Institute developed the five phases of project management: conception and initiation, project planning, project execution, performance/monitoring, and project completion.
Thus, option C is correct.
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The options are missing-
A. The distinguishing characteristics of a practicing professional (ethics).
B. The content and structure of the profession's body of knowledge (standards).
C. Change in business goals during project planning (management).
D. Recognition of professional attainment (accreditation)
What term describes a business model that involves consolidating various media holdings under one corporate umbrella?
A second definition of media convergence refers to a business strategy that involves combining various media holdings, such as cable connections, phone services, television transmissions, and Internet access, under one corporate roof. This strategy is sometimes referred to as cross platform by media marketers.
Simply said, a business's strategy describes how it will compete in a certain market or markets with a product or a number of products or services. It includes a defined set of plans, activities, and goals. At this stage, executives focus more on how to carry out organizational goals than on what those goals should be. For instance, a business level plan can be to rename a product for a different demography if the corporate level strategy is to diversify commercial activities.
A business strategy is a collection of choices or actions that help management realize business objectives and maintain a competitive edge in the marketplace. It turns into a guide that directs an organization in the direction of expansion and success.
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____________ is a way to turn a company into a parent company with smaller retail outlets owned by independent operators. a. manufacturing b. incorporating c. taxing d. franchising please select the best answer from the choices provided a b c d
Franchising is a way to turn a company into a parent company with smaller retail outlets owned by independent operators.
The owner of a business system (the franchisor) grants a single individual or group of people (the franchisee) the right to run a business that sells goods or provides services using the franchisor's business system. This marketing and distribution procedure is known as franchising.
The main reason why most business owners choose franchising is because it enables them to grow without taking on debt or paying for equity. First off, it enables businesses to expand by utilizing the resources of others because the franchisee provides all the funding necessary to build and run a unit.
Furthermore, franchising permits expansion with virtually no contingent liability, considerably decreasing the risk to the franchisor because the franchisee not the franchisor signs the lease and commits to numerous contracts.
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Price+is+ten+times+pgi,+there+are+10%+vacancies,+operating+expenses+are+40%+of+egi.+you+are+financing+50%+of+the+purchase+price,+and+the+dscr+equals+exactly+2.+what+is+the+equity+dividend+rate+(edr)?
Equity dividend rate is 0.0675
Cap rate is 0.054
Equity dividend rate = (NOI - mortgage payments)/Equity proportion
Cap rate = NOI/Price
DSCR = NOI/Mortgage payments
Equity proportion = Price*(1-financing %)
NOI = PGI*(1-vacancies %) *(1-EGI %)
What Is Equity Dividend Rate?
The equity dividend rate is the ratio of the cash you receive in a given year to the cash you invest in the property. The result is then multiplied by 100 percent. In this case, the cash you invest is not always the sale price
How do you calculate equity dividend ratio?
The equity Dividend rate (also referred to as the equity Capitalization fee and coins on cash go back) is the ratio of a single 12 months's before Tax coins waft and the equity funding within the property. fairness Dividend rate = fairness investment ÷ earlier than Tax cash go with the flow.
Complete Question-
Price is ten times PGI, there are 5% vacancies, operating expenses are 40% of EGI.
You are financing 50% of the purchase price, and the DSCR equals exactly
2. What is the equity dividend rate (EDR)?
For the property in number 1 above, what is the cap rate?
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Certified individuals are usually required to obtain continuing education units (ceus) to retain certification in the credentialing organization. True or false
TRUE. Certified individuals are usually required to obtain continuing education units (CEUs) to retain certification in the credentialing organization.
Credentialing Organisations: Organization or governmental body that oversees and conducts tests for registration, license, or certification.
Continuing Education Units: A CEU is a unit of measurement used in continuing education courses, especially those that are necessary for licensed professions. A CEU is a nationally recognized way to measure the time spent in the "classroom" during professional development and training activities; it is not academic credit.
TRUE. Certified individuals are usually required to obtain continuing education units (CEUs) to retain certification in the credentialing organization.
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the smaller the share of a household's budget spent on a product, the more the demand for the product is.
The smaller the share of a household's budget spent on a product, the more the price inelastic demand for the product is.
Demand is the willingness of consumers to buy goods and services without hesitation and to pay for them. Simply put, demand is the number of items that customers are willing to purchase at various prices over a period of time.
Aggregate demand increases when more buyers are available in the market. For example, if more people were able to buy yachts, the market size and demand for yachts would increase. If fewer people can afford to buy a yacht, the market and demand will decrease. Supply and demand are two sides of the same market coin. Generally, supply is the amount of something available or produced at a particular price. Demand is the amount that people are willing to buy or consume at a particular price.
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When a bond is sold between coupon payment dates, the buyer pays the seller for the _____, which is the prorated share of the upcoming coupon payment.
When a bond is sold between coupon payment dates, the buyer pays the seller for the coupon interest earned from the time of the last coupon payment to the settlement date of the bond.
What is a bond?Bond refers to the type of security that are used by governments or companies to raise money by borrowing from investors.
Bonds are also known as fixed income instruments. It is a loan from an investor to a borrower such as a company or government.
Basically, bonds are issued by the government and corporations when it needs money. They commonly use bonds in order to borrow money.
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If there is a $180 price ceiling imposed on a textbook, will there be a textbook surplus or shortage?
If there is a $180 price ceiling imposed on a textbook, will There will not be a shortage.
Since the price ceiling is set above the equilibrium price so this price ceiling is non-binding meaning the market will remain in equilibrium and there will be no shortage.
what is price ceiling?A price ceiling is the commanded most extreme amount a seller is permitted to charge for a product or service. Ordinarily set by law, price ceilings are typically connected to staples such as food and energy items when such products become excessively expensive to standard customers. A cost ceiling is basically a sort of price control.
Price ceiling is used to determine the lowest or highest price to which a product can be sold in the market.
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What illegal activity is an employee in the business office committing when he deliberately changes the diagnosis codes on claims in order to receive higher reimbursement?
Fraud: Is an illegal activity which an employee in the business office committing when he deliberately changes the diagnosis codes on claims in order to receive higher reimbursement.
Fraud is when a person purposefully lies or makes a false statement.
What are Major Forms of Fraud?
Asset misappropriation, extortion and corruption, fraud in financial statements are major types of fraud.Fraud is when someone is taken advantage of monetarily by another else. Fraud happens when someone deceives another by persuading them to do or not do anything that causes them to suffer financial loss. Fraud can be carried out in person, online, or through written correspondence.The goal of fraud may be financial gain or other benefits, such as getting a passport, travel document, or driver's license, or it may be mortgage fraud, when the offender makes false claims in an effort to qualify for a mortgage.To learn more about Fraud visit:https://brainly.com/question/1063454
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suppose abby, brandi, carrie, and deedee are the only four buyers in the market. when the price decreases from $6 to $4, the market quantity demanded
The correct answer is it will increase by $3. Moving along the supply or demand curves implies that the quantity provided or demanded has changed as the price of a good or service changes.
Demand declines when price rises and decreases in quantity demanded (but demand itself stays the same). Quantity requested rises when the price declines. The Law of Demand is this. Price movement, price course, stock price movement, price change, change in pricing, and price movement.
The rate at which prices increase over a specific time period is known as inflation. When a vendor raises the cost of goods, services, or commodities to a level that is far higher than what is thought to be acceptable or fair, this is known as price gouging. This incident typically happens following a demand or supply shock.
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Define the term botanical insecticide and give an example. what is an advantage of using botanicals?
Botanical insecticides are insecticides made from dried, ground plant material, crude plant extracts, or compounds extracted from plants that are used to kill or repel insects. Immune-active herbs, such as echinacea, help to strengthen and tone the immune system.
Green tea and other antioxidant botanicals insecticides help to prevent cancer, reduce ageing, and maintain cardiovascular function. Botanicals like St. John's wort relieve common psychological problems like insomnia, anxiety, and moderate depression.
Because botanical pesticides contain multiple insecticidal chemicals with unique modes of action, pests find it difficult to acquire pesticide resistance insecticides They offer strong selectivity, minimal toxicity to humans, livestock, and natural enemies.
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hospitality employees respond best to managerial strategies different from those to which manufacturing employees respond.
This is true that hospitality employees respond best to managerial strategies different from those to which manufacturing employees respond.
The term "hospitality" refers to the relationship that exists between a host and a guest in which the host accords the guest some measure of goodwill. This includes the welcoming and entertaining of guests, visitors, or strangers.
They want to provide the greatest experience possible for their visitors. Therefore, you can be viewed as a highly desirable candidate for employment in the hospitality business if you have dedication, strong people skills, exceptional attention to detail, leadership and teamwork skills, and a contagious passion and attitude.
When reduced to their simplest form, managerial strategies are a collection of methods for managing and guiding a company toward the accomplishment of a set of predetermined objectives. They cover tactics for creating objectives, demonstrating leadership, managing teams, and carrying out daily tasks. The four stages of managerial strategies are formulation, implementation, evaluation, and adjustment.
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Florence deposits $6,000 in an ordinary annuity at the end of each quarter in an account earning 6 percent interest compounded quarterly. what is the future value of the account in 2 years?
Answer:
$6021.60
6000+(6000×0.6^2)=
=6000+21.6=6021.6
the effective use of information in a negotiation does not necessarily mean open and complete sharing.
Effective utilization of information during a negotiation does not always include full and open disclosure. In the unlikely event that the power structure changes negatively in the future, there is no chance of retaliation or escalation.
The Process of NegotiationIn negotiations, two or more parties work together to find a compromise or a solution that is acceptable to all parties in order to achieve a specific end objective. One party will express their stance, and the other will either accept the terms or respond with a different one. Up until a resolution is reached by both sides, the procedure continues.
Before a negotiation starts, participants try to understand as much as they can about the other party's position, including its advantages and disadvantages, how to get ready to defend their positions, and any potential counterarguments.
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before liquidating during a bankruptcy, a company will take several actions to try to satisfy its stakeholders.
A business will take a number of steps to appease its capital market stakeholders before liquidating during bankruptcy.
A stakeholder is a party with an interest in a business who may have an impact on or be affected by that firm. Investors, employees, clients, and suppliers make up the majority of the stakeholders in a typical firm.
However, the idea has been expanded to encompass communities, governments, and trade groups as a result of the growing focus on corporate social responsibility.
Both internal and external stakeholders may be a part of a company. People who have a direct interest in a firm, such as through employment, ownership, or investment, are said to be internal stakeholders.
External stakeholders are those who do not directly work for a company but are nonetheless impacted in some way by the decisions and results of the enterprise. External stakeholders include vendors, borrowers, and government agencies.
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The primary function of international economic organizations such as the world trade organization (wto) is?
The primary function of international economic organizations such as the world trade organization WTO is ensure that trade flows as smoothly, predictably and freely as possible. The World Trade Organization is founded on agreements signed by the majority of the world's trading nations.
The organization's primary function is to assist producers of goods and services, as well as exporters and importers, in protecting and managing their enterprises. The WTO has 164 member countries as of 2021, with Liberia and Afghanistan joining in July 2016, and 25 "observer" countries and governments. The organization provides a forum for member states to negotiate and settle trade disputes with other economic members.
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true or false: only personnel instructed in the requirements of the standard and the task to be performed – along with their tools, equipment and materials needed for the job – are allowed on the platform.
Only personnel instructed in the requirements of the standard and the task to be performed – along with their tools, equipment and materials needed for the job – are allowed on the platform. The given statement is true.
Work that needs to be done is referred to as a task, responsibility, job, chore, stint, or assignment. Task connotes work that is required by an employer, a higher authority figure, or other external factors. duty denotes a responsibility for performance or an obligation to execute when a person is assigned with a variety of tasks.
Job tasks are responsibilities or duties you carry out while working. Most employees execute a variety of responsibilities while at work. For instance, a secretary might schedule meetings, write letters, and perform errands on behalf of her boss. People's tasks at work are frequently tied to the duties listed in their job descriptions.
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Ajax corp's sales last year were $525,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times-interest-earned (tie) ratio?
Sales$510,000
Operating costs$362,500
Operating income (EBIT)$147,500
Interest charges$12,500
TIE= EBIT/interest
EBIT= sales-operating costs
525,000- 362,500= 162,500
162,500/12,500=13
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The economic crisis in 2008 had a huge impact on eaton’s business to business customers. In response to the crisis, eatons customers tried to cut cost and lower their production. This in turn affected eatons sales negatively, which is an example for _______.
The economic crisis in 2008 had a huge impact on eaton’s business to business customers. In response to the crisis, Eaton's customers tried to cut costs and lower their production. This in turn affected eatons sales negatively, which is an example for solutions selling.
From peak to trough, US gross domestic product fell by 4.3 percent, making this the deepest economic crisis recession since warfare II. It absolutely was also the longest, lasting eighteen months.
The per centum quite doubled, from 5 percent to 10 percent. The collapse of the housing market — fueled by low interest rates, easy credit, insufficient regulation, and toxic economic crisis subprime mortgages — led to the slump. The good Recession's legacy includes new financial regulations and an activist Fed.
Of 198 Countries, compared to the proportion change in GDP between 2007 and 2009, the foremost impacted countries are predominantly Eastern European and trade-dependent economic crisis advanced economies. One of the foremost visible aspects of the recession, job losses and unemployment are known to be related to increased stress, poorer health outcomes.
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With regard to 3-m the highest priority for the work candidate is determined based upon what priority level?
With regard to 3-m, the highest priority for the work candidate is determined based upon Highly desirable, necessary, or required.
The 3-m system offers effective, standardized ways to carry out and document preventive and corrective maintenance. The proper execution of the 3-m system functions in each of their separate work centers is the responsibility of the Work Center Supervisor.
Objectives of the 3-m system are:
StandardizationEfficiencyDocumentationConfiguration Statistical reportingSchedulingThe goals of the 3-m system are:
1. Recognize inefficiencies and shortcomings in equipment design
2. Planning for availability and overhaul
3. Assistance with doing maintenance
4. Finance for manning, technical, and logistical support
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Selecting the course of action that would most likely lead to success would be included in which management function?
Planning of action that would most likely lead to success would be included in which management function. Planning necessitates managers being aware of current environmental conditions and forecasting future conditions. Before acting, the manager must have an opinion on how to carry out a specific task.
In management, planning entails determining what steps must be taken to achieve a goal, anticipating changes and obstacles, and determining how to best utilize human resources and opportunities to achieve the desired outcome. Planning entails determining what to accomplish and how to do it ahead of time. It is one of the most important managerial responsibilities.
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