What is the difference between asset management and wealth management

Answers

Answer 1

Answer:

here is ur answer

Explanation:

wealth management comes down to what services you need. Asset management is about choosing and managing investments. Wealth management, on the other hand, looks more broadly at a person's financial life and portfolio. Some financial advisors do both, allowing you to hire just one person for the job.

Answer 2

It all boils down to the services you require in terms of wealth management. Asset management is the process of selecting and managing investments.

Wealth management, on the other hand, examines a person's financial life and portfolio in greater depth. Some financial advisors do both functions, allowing you to hire only one person for the job.

Is asset management part of wealth management?

Wealth management entails supervising all of the client's financial elements, which may include asset management, taxes, estate planning, cash flow management, and all other conceivable uses of money. Thus, wealth management includes asset management and takes a comprehensive perspective of the client's finances.

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Related Questions

what are the two factors that go into which item is thought of as bought first, etc., when choosing between several possible purchases.

Answers

Answer:

Fifo

Explanation:

Because the stock that is bought first should be the one to be purchased first

_______________ is the degree to which decision-making authority is retained at higher managerial levels a. Formalization b. Unification c. Centralization d. Specialization

Answers

There are various organizations structure. one of it is centralization. Centralization is the degree to which decision-making authority is retained at higher managerial levels.

Features of Centralization

In a centralized company, cogent decisions are made at topmost levels of the hierarchy, whereas in decentralized companies, decisions are made and problems are solved at lower levels by employees who are closer to the problem.

Advantages of centralization

Some employees are more okay in an organization where their manager authoritatively gives instructions and makes decisions. Centralization can also lead to operational efficiency because there will be no time wasting, particularly if the company is operating in a stable environment. Strategic process and content as mediators between organizational context and structure.

Therefore, the answer is centralization option C.

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Game theory suggests that competing firms in an oligopolistic industry may be

Answers

Game theory suggests that competing firms in an oligopolistic industry may be  reluctant to change prices because they anticipate that rivals will match price cuts but ignore price increases.

What is Game theory?

Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.

Dominant strategy is the best option for a player regardless of what the other player is playing. Nash equilibrium is the best outcome for players where no player has an incentive to change their decisions.

Here are the options:

. too quick to raise prices because they will fail to anticipate that rivals may gain market shares.

b. reluctant to change prices because they anticipate that rivals will match price cuts but ignore price increases

c. reluctant to change prices because they anticipate that rivals will ignore price cuts but match price increases

d. too quick to cut prices because they fail to anticipate that rivals may also cut their prices.

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Game theory suggests that competing firms in an oligopolistic industry may be reluctant to price changes.

What do you mean by oligopoly?

An oligopoly is a form of market that is made up of a few large firms engaging in strategic behavior. An automobile is the best example of an oligopoly market.

A game theory suggests that competing firms in an oligopoly industry may be reluctant in changes the price because they can analyze that rivals can match the price cuts but generally ignore the increase in the prices.

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Select all that apply Determine which of the following expenses are considered revenue expenditures related to a company vehicle. (Check all that apply.) Multiple select question. Engine overhaul Dent repair Installation of special equipment Car wash Oil change

Answers

Revenue expenditures are additional costs of plant assets that do not materially increase the asset’s life or productive capabilities. Hence, the answer the one that does not apply is Installation of special equipment.

Revenue expenditures related to a company vehicle

Engine overhaul Dent repairCar wash andOil change

Therefore, the one that does not apply is Installation of special equipment.

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Answer:

dent repair , oil change ,car wash

Explanation:

Which members of OPEC would be the most likely to favor high oil prices now because of their small percentage of the world proven oil reserves

Answers

The members of OPEC that would be in favor of high prices due to the small oil reserves that they have would be the countries in Africa

EcuadorAngolaTunisiaGabon

What is OPEC?

This is an organization of the petroleum producing countries of the world.

Due to a rise in the oil prices now, these nations would most likely be favored in the sales of their products

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Bankruptcy is considered a last resort because it stays on someone’s record for one to four years. four to seven years. seven to ten years. eleven to fourteen years.

Answers

It should stay on for 10 years so I believe the answer would be 7-10 years

Bankruptcies remain on a consumer's credit report for ten years after they are filed. As a result, option (c) is the proper response.

What is bankruptcy?

Bankruptcy is a legal process that can appear on your credit reports for up to ten years after your debts have been cleared and the bankruptcy has been finalized.

The bankruptcy will automatically be removed from your credit report after seven or ten years.

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Please help!!


Take a critical and analytical (objective) look at your life. Think about your wants and needs. List in two separate columns your top ten wants and your top ten needs. For each one, give a one-sentence explanation about why it is a want or a need.

Next, explain why you need your needs, but don't need your wants. How does this change your perspective when considering things you want?

this what I have so far


NEEDS:

WANTS:

New clothing

New phone

Hair products

Oculus headset

New shoes

drone

Education(college)

Car

My driver's License's

Phone case

Answers

1. List Needs n Wants with explanation

Need (act every human only got 3 needs - clothes, shelter, food n drink) but due following the era ; here is my personal thought

- clothes ( not more or less, just to keep me warm n protect my body)

- foods ( give energy to keep us productive for working out the day)

- home (for shelter from rain, sunny hot day and to sleep in privacy)

- phone (to make sure we haven’t missed anything happening out there and for communicate)

- money (so that all the needs can be fulfilled)

- shoe (protect feet from outdoor floor, tar etc.)

- education ( either paid or unpaid by own research online, books etc. cus world need more peoples with brain)

- news ( to get updated on what’s happening on earth or out. Inc online news, formal or informal)

- mask (due to new norm)

- goals ( dream as high as the sky, atleast when u fall u would falling among the stars or less on top of the mountain)

- air (nobody lives without it)

Want
- Car (to move from place to place faster)

- internet •esp wifi (to get stay connected with information and communicate more easily with people online)

- Starbuck coffee (normal coffee is fine tho, but Starbucks is win)

- Laptop (to do work and easier to join class/meeting online due to we got a lots of WFH nowadays)

- Air-cond ( to sleep soundly and extra comfort to stay at home )

- TV ( for entertainment and news )

- Fridge (to keep foods n beverages fresh and cool)

- Make up (to build self confidence and cover flaws)

- vacuum cleaner ( to sweep floor or wall easily and fast)

-air fryer ( shorten my cooking time and no sweat)

2. Why
Because i still can live my life without my „wants“ list fulfilled. I can use public transport instead of buying car which will give me more commitments to commit in. While for internet, i can read books in library or use free access internet provides to gather n gain informations instead of pay my own monthly internet bills etc.

The difference between accounting profit and economic profit is.

Answers

Answer:

Accounting profit - Your actual profit

Economic profit - Profit, but opportunity cost factored out

Explanation:

Accounting profit is how much you made (Revenue - Explicit Cost.

Economic profit includes implicit costs, or opportunity cost. If you could have made $100,000 at a different job, you subtract that. If Accounting-Economic profit is 0 or higher, you should stay in business.

True or false: A capital gain on a stock is counted as part of the total return whether or not the gain is realized from selling the stock. True false question. True False

Answers

A capital gain on a stock is counted as part of the total return whether or not the gain is realized from selling the stock: True.

What is a Stock?

A stock is fractional ownership of equity in a company. Stock consists of all the ownership of an organization that is divided among members who acquire it. It is also an investment that represents ownership in a company.

In the case of a capital gain on a stock, it is counted as part of the total return whether or not the gain is realized from selling the stock. So this statement is True because the gain is also counted no matter the outcome of the stock.

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Having connectivity and visibility to all partners in a firm's supply chain can be accomplished through the use of: a. Cloud-based communication systems b. Legacy MRP systems c. Mobile Marketing d. Score-carding systems

Answers

Having connectivity and visibility to all partners in a firm's supply chain can be accomplished through the use of: a Cloud-based communication systems.

What is Cloud-based communication systems?

Cloud- based communications  system can be defined as the way  of using internet to communicate or transmit data.

Most companies tend to make use of cloud communication to communicate by making internet phone calls and this is normally done by a hosting service which serves as  a third party.

Inconclusion having connectivity and visibility to all partners in a firm's supply chain can be accomplished through the use of: a Cloud-based communication systems.

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Buying office space is ______________ in the long run-in comparison to leasing. Which is the correct answer?
less difficult
less expensive
more expensive
more difficult

Answers

Answer:

less expansive

Explanation:

i took the test. i got it right

Buying office space is less expensive, as in the long run it will cover in the variable cost and economies of scale will work.

What is economies of scale?

The cost advantages that businesses gain as a result of their size of operation are known as economies of scale in microeconomics. They are commonly quantified by the amount of output generated in a given amount of time. Scale can be increased when the cost per unit of output decreases.

The phenomenon known as economies of scale occurs when the scale or magnitude of the production produced by a firm increases while the average cost per unit of output decreases.

Technical, managerial, marketing, financial, commercial, and network economies of scale are the six different categories of internal economies of scale.

Economies of scale emerge when a company reaps the rewards of its size. A corporation gains from a variety of efficiency as it grows. For instance, serving 1,000 people at a restaurant is much more affordable and effective than serving just one.

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Cash price is $6,000. a down payment of 10% is required. monthly payments will be $120 a month for 52 months

Answers

Based on the total payment, and the down payment, the interest rate can be found to be 6.72%.

What is the interest rate?

First find the loan amount to be:

= 6,000 x (1 - 10% down payment)

= $5,400

The interest rate can be found by a spreadsheet formula called RATE.

Number of periods = 52

Payment = 120

PV = $5,400 loan amount

Rate will be:

= 0.00560

= 0.560%

In yearly terms this is:

= 0.560 x 12 months

= 6.72%

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what are the ources of information and communication?Describe​

Answers

Answer:

One of the fundamental ideas in communication and information processing is the source or sender. Sources are objects that encode message data and transmit it to one or more observers over a channel (or receivers).

In a competitive market, no single producer can influence the market price because.

Answers

Explanation:

many other sellers are offering a product that is essentially identical consumers have more influence over the market price than producers do.

What type of contract is created by an agreement that is oral when it is required by the Statute of Frauds to be in writing?

Answers

The type of contract created by an agreement that is oral when it is required by the statute and required in writing is: legally voidable contract.

What is a Contract?

A contract is a legal agreement that binds individuals or groups. It defines and governs the mutual rights and obligations of the parties involved.

In a Legally voidable contract, the parties involved create an agreement orally especially when it is required by the statute of fraud. Although contracts that fall outside the statute need not be in writing.

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Korey is planning to open a comic book store near his home. after completing a population survey for 3,520 homes in a 5 mile radius, korey created the chart below to include in the market analysis section of his business plan. which of the following is the best reason to include in the market analysis component of korey's business plan explaining why such a high percentage of grade-school aged kids in the surveyed region is good for korey's store? a pie chart titled population surveys. retired (55 plus), 10 percent; family (kids in college), 8 percent; family (kids in high school), 18 percent; family (kids in grade school), 32 percent; family (no kids), 20 percent; single, 12 percent. a. younger kids like to read more than older kids. b. younger kids are the only regular buyers of comic books. c. younger kids often have allowance money that they are anxious to spend at comic stores. d. younger kids who read comic books are likely to read them when they are older, which will create a current and future customer base.

Answers

Kids in grade school have a maximum percentage of 32 reasons that Option (d) is the correct answer.

why are the grade-school-aged kids surveyed?

Korey did the market analysis section of his business plan after conducting a population survey of 3,520 homes within a 5-mile radius.

He discovered that younger children who read comic books as children are more likely to read them as adults, resulting in a current and future client base.

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Answer:

Which is the best reason to include in the market analysis component of Korey's business plan explaining why such a high percentage of grade-school aged kids in the surveyed region is good for Korey's store?

a.   Younger kids like to read more than older kids.

b.   Younger kids are the only regular buyers of comic books.

c.   Younger kids often have allowance money that they are anxious to spend at comic stores.

d.   Younger kids who read comic books are likely to read them when they are older, which will create a current and future customer base.<<<CORRECT>>>

Explanation:

2022 EDGE

Why is it important to file your federal incomes taxes every year?.

Answers

Answer:

Avoid losing future refunds.

Explanation:

Part or all of any refund is first used to pay any back taxes owed. Safeguard credit. If the IRS files a tax lien against a taxpayer, it could affect credit scores and make it harder to get a loan.

True or false? A value hypothesis explains the reasons why a customer may choose not to use a product.

Answers

True I believe but could be wrong

A value hypothesis explaining the reasons why a customer may choose not to use a product is a true statement.

Who is a customer?

A customer is a person who purchases goods or uses services from a person, business, or organization. Doing so generally results in him accepting payment. The business typically tries to get the customer to acquire its products or services.

The individual who pays the amount of money to purchase or utilize the services. The customer makes the decision regarding his needs and wants.

The hypothesis is assumed when the data is being achieved after the customer has used the commodity or the services. This leads to the business knowing the reviews.

The value hypothesis examines how much worth any offering or commodity offers clients and, more crucially if they are inclined to pay for same.

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What remarketing audiences cannot be defined by default?.

Answers

Answer:

When a report is based on data from a large number of sessions you may see the following notice at the top of the report.This report is based on sessions.You can adjust the sampling.

Explanation:

hope this helps if not pleaselet me now

What impact do policy interventions have on the supply and demand equilibrium for a product?.

Answers

Policy interventions can impact the supply and demand equilibrium for a product by leading to a disequilibrium between demand and supply.

What are impact of policy interventions?

Policy interventions are when the government give directives in order to bring about a desired effect. For example, the government can institute a bind price ceiling. This means that the goverment sets the maxium price for a good. This would lead for an excess of demand over supply.

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When he worked in the office alongside his co-workers and supervisor, Nikola just had to show up for eight hours and everyone thought he was productive. However, now that he works remotely, he feels he has to prove he's been working by getting projects done and sending them to his boss, and he has actually become more productive as a result. Nikola's experience is an example of one of the benefits of __________.

Answers

The given scenario of the remote work which Nikola does is an example of telecommuting.

What is Telecommuting?

This refers to the practise of working from home making use of internet based devices to communicate and execute tasks.

With this in mind, we can see that based on the scenario, Nikola had to show up for 8 hours to be thought productive by his co-workers and when he started working remotely, he became even more productive and this is an example of telecommuting.

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Evaluate the advantages and disadvantages of horizontal, vertical and conglomerate mergers.

Answers

Some of the advantages are related to increased market share and product diversification, while the disadvantages are less flexibility and culture shock.

What is an organizational merger?

Occurs in the legal merger of two or more companies with the aim of forming a new organization.

The horizontal merger occurs between two competitors, the vertical between a buyer and a seller, and the merger of conglomerates occurs in companies from different areas of activity.

Therefore, despite the advantages of increasing market value and positioning, the merger between companies can be a risky strategy if it is not established in a planned way.

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When a tax is placed on a product, it’s_________increases, so it’s_________ may decrease. People react to the higher prices by buying _______.

Answers

Answer:

The answer is product, sales, similar products.

Explanation:

Hope This Helps.

To become a successful entrepreneur, you should:
Select one:
O Prepare to risk all of your family assets.
O Plan to quit your job before starting.
O Choose a business that is in a field you enjoy.
O Expect to put down a lot of money.

Answers

I would say C because that would make the most sense. Hope this helps!

Which design principle is especially important when you are creating navigational aids for your document?.

Answers

The design principle that is important when one is creating navigational aids for your document is repetition.

What is a design principle?

It should be noted that the design principle simply means the principles that are used to create visually appealing designs.

In this case, the design principle that is important when one is creating navigational aids for your document is repetition.

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Answer:

IM SO SLOPPY he is so genius!!! ☞ ̄ᴥ ̄☞

Describe some of the arguments that supporters and opponents of wealth tax make.

Answers

The arguments that the supporters of Wealth Tax make is that it would help to make a progressive tax system and also ensure income inequality is reduced. The opponents argue that it would reduce the income of the wealthy.

What is wealth tax?

This is regarded as the type of tax that is placed on the individual assets that people own.

This tax is on the cash they have, their personal belongings, their properties and their securities.

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Abardeen corporation borrowed $90,000 from the bank on october 1, year 1. The note had an 8 percent annual rate of interest and matured on march 31, year 2. Interest and principal were paid in cash on the maturity date. Required a. What amount of cash did abardeen pay for interest in year 1? b. What amount of interest expense was recognized on the year 1 income statement? c. What amount of total liabilities was reported on the december 31, year 1, balance sheet? d. What total amount of cash was paid to the bank on march 31, year 2, for principal and interest? e. What amount of interest expense was reported on the year 2 income statement?.

Answers

a) The amount of cash that Abardeenn Corporation paid for interest in year 1 is $0.

b) The amount of interest expense recognized on the year 1 income statement is $1,800 ($90,000 x 8% x 3/12).

c) The amount of total liabilities reported on the December 31, year 1 balance sheet is $91,800 ($90,000 + $1,800).

d) The total amount of cash paid to the bank on March 31, Year 2, for principal and interest is $93,600 ($90,000 + ($90,000 x 8% x 6/12).

e) The amount of interest expense reported on the year income statement is $1,800 ($90,000 x 8% x 3/12).

How is interest calculated?

Interest can be computed by applying the interest rate to the amount of notes payable based on the period under coverage.

For example, the interest amount for a six month is not the same as the interest amount for a full year, as interests are always prorated.

Data and Calculations:

Amount of Note Payable = $90,000

Annual interest rate = 8%

Maturity date = March 31, Year 2

Maturity period = 6 months

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THIS IS FOR U.S. GOVERNMENT
Unlike the Speaker of the House, the president of the Senate


A.
is not elected by the Senate and may vote on any matter in the Senate.


B.
is elected by the Senate and may vote on any matter in the Senate.


C.
is elected by the Senate and may only vote to break a tie.


D.
is not elected by the Senate and may only vote to break a tie.

Answers

The answer is B . because i said so .

What property of an object determines how much inertia it has.

Answers

The property of an object that determines how much inertia it has is its mass

Hope that helps!

why does the hand and foot are the most abused part of the body ?pa help po ​

Answers

The hand and foot are the most abused part of the body because they are used to perform majority of the functions and movements in individuals.

What is Movement?

This happens when an organism or object changes its position over time. The hand and foot are majorly involved in movement from one place to another.

They are also responsible in performing tedious physical activities which is why they are the most abused part of the body.

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In these analyses, why are segments of chromosomes (haplotypes) rather than individual strs used to identify genetic relationships? Should individual freedom be sacrificed in the name of national security When would a case go straight to the Supreme Court skipping all the levels?? The soil in an ecosystem has high levels of nitrogen due to the burning of fossil fuels in a nearby industrial area. Scientists predictthat these high nitrogen levels will cause a decrease in the rate decomposition in the ecosystem over time. Why will this mostlikely cause a decrease in the carrying capacity of the ecosystem? Given the great benefits that technology offers, what are the threats that we may encounter? and what are the pre cautions that help us use technology, state some 18. If the factory continues dumping poison into the lake, all the fish and other aquatic animals _____. A. DieB. To diedC. DeadD. Will die This "confession" was taken down and later published by a white lawyer. what bearing, if any, should this fact have on the documents authenticity? do you believe these were turners words? why?actual answers pls Consider the equation - 3x2 + 27x - 63 = 0.What is the discriminant of the equation? what does Lincoln say that Americans (North and South) believed about the impending civil war? (1d) Instructions for a craft project say that the length of a piece of red ribbon should be 7 inches less than the length of a piece of blue ribbon. How long is the BLUE ribbon if the length of the RED ribbon is 12 inches? * Qur-stion 2 (1 point)The leader of what country/empire was assassinated that triggered the beginning of World War 1?Serbia obocRussiaAustria-Hungary GET 100Pt Would you go to the ends of the earth to see a bird? What if it were a really special bird: one with beautiful feathers, an entrancing call, or a silly dance? What if seeing that one special bird would allow you to win a contest?If that contest doesn't get you on television or win you any cash prizes, would you still do it? For those who participate in the "Big Year," the honor of beating the previous record is the only reward they get or even want.A "Big Year" is a year in which a person attempts to see as many different species of birds as possible within a particular region. For most in North America who participate in a "Big Year," this region is the lower 48 American states, plus Alaska, Canada, and a couple of French islands off the Canadian coast.You may be thinking that looking at birds is silly, but just think about the numbers of the recent record holders and the commitment it takes to get these numbers. One recent "Big Year" winner managed to see 744 birds in one year, missing the record by just one bird. Big Year birders travel by train, plane, boat, car, bicycle, and of course, by foot. They can cover over 150 thousand miles to get numbers of sightings this high. They can also spend a small fortune.Just to clarify, the birds these contestants are counting are the number that they see in a particular year. You see, the contest is based on an honor system. No pictures or other evidence is required as proof of a sighting. Most birders take great pride in their reputation and their abilities to see or hear and then identify a bird. Usually, important sightings of the rare birds needed to get counts in the 700s are visited by hundreds of birders. It is pretty hard to cheat your way to a record-breaking year, but in general, few are interested in cheating.This honesty comes from the fact that most people who want to break such a record know the greatest rewards are not necessarily in winning. Such rewards are in being able to commit a year of your life to doing something you love. Rewards are found in seeing amazing, inspiring creatures like the California Condor or the Magnificent Frigate bird. Rewards also come in spending time with people who, like you, want to spend their time looking to the skies and trees for glimpses of emerald, crimson, or cerulean blue feathered jewels.You don't have to be able to travel a continent to have a big birding experience though. Have a big month. Or a big weekend. Set a personal record, learn to identify the species that live in your part of the world, or try to learn the calls of just two species of birds. You will soon find looking at birds isn't such a strange way to spend your time.Extra! Extra! Backyard BirdingMany schools, families, and young birders across the country participate in the "Great Backyard Bird Count." While not as long as a "Big Year," the "Great Backyard Bird Count" happens every year. It depends on birders and families across the country to watch feeders and other areas in their yards and count the number of birds they see. Unlike the "Big Year," the goal is not to see who can count the most birds. Instead, participants in this event work together to help bird experts get a good idea of how birds are doing. Participants are given checklists and enter their sightings on a website. Called a "citizen-science" project, this event is open to anyone, requires no travel, and happens every year over one weekend in February.Part A:What is the main idea of the Extra! Extra! section?Fill in blank 1 using A, B, C, or D.The Backyard Bird Count offers helpful checklists.The Backyard Bird Count creates more friendly competitions.The Backyard Bird Count benefits birds and scientists.The Backyard Bird Count is for everyone, not just competitors.Part B:Select one quotation from the text that supports your answer to Part A. Enter your selection in blank 2 using E, F, or G.While not as long as a Big Year, the Backyard Bird Count happens every yearIt depends on birders and families across the country to watch feedersUnlike the Big Year, the goal is not to see who can count the most birdsSelect one quotation from the text that supports your answer to Part A. Enter your selection in blank 3 using H, I, or J. This event is open to anyone, requires no travel, and happens every year on one weekend in FebruaryParticipants are given checklists and enter their sightings on a websiteInstead participants in this event work together to help bird experts get a good idea of how birds are doingAnswer for Blank 1:Answer for Blank 2:Answer for Blank 3: Use the graph or table to find the equation that represents the relationship. Write the following as an inequality. 5 is greater than or equal to w, and -5 is less than or equal to w use w only once in your inequality Find the distance between points A and B if A is point(-2, 12) and B is point (3, 0) options:11 units18 units15 units13 units 2. You bought 8 bags of gummy bears and they cost $2.79 each. How much didthe gummy bears cost after you included the 8% sales tax?Your answer Where art thou, Muse, that thou forget'st so longTo speak of that which gives thee all thy might?Spend'st thou thy fury on some worthless song,Darkening thy power to lend base subjects light?Return, forgetful Muse, and straight redeemIn gentle numbers time so idly spent;Sing to the ear that doth thy lays esteemAnd gives thy pen both skill and argument.Rise, restive Muse, my love's sweet face survey,If Time have any wrinkle graven there;If any, be a satire to decay,And make Time's spoils despised every where.Give my love fame faster than Time wastes life;So thou prevent'st his scythe and crooked knife. Sonnet 100,William ShakespeareWhich summary best captures the central idea of "Sonnet 100? The speaker wants to spend more time with his beloved.The speaker is mostly angry at his muse for disappearing.The speaker hopes that his muse will help him write a new poem.The speaker says that his only care in the world is youthful beauty. Find the area of the unshaded region. Trina purchases 10 tickets from a charity raffle. Each ticket in the raffle has 6 different numbers between the numbers 1 and 20. If there is only one prize, what is the probability of Trina winning the prize? Express your solution as a fraction in reduced form. ! PLEASE HELP!A signal can be sent from one location to another by running different colored flags up a flagpole, one above the other. There are 15 different colored flags to choose from but only 4 flags will be flown. Find the number of different signals consisting of 4, if the first flag must be orange.If the first flag is orange then the number of different signals consisting of 4 flags is ____