The acid-test ratio divides the total by current liabilities after adding up cash, short-term investments, and current receivables. It aids in determining a person's capacity for quick-term debt repayment.
The acid test ratio is what?
The acid test, also known as the quick ratio, compares a company's most short-term assets to its most short-term liabilities in order to evaluate whether it has enough cash to pay its immediate obligations, such short-term debt.
Current assets that are difficult to dispose quickly, such inventory, are disregarded by the acid-test ratio.
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With a 30 percent marginal tax rate, would a tax-free yield of 7.1 percent or a taxable yield of 7.2 percent give you a better return on your savings?
The taxable bond's after-tax rate of return is 9.4%. (1-0.21).
The taxable bond's after-tax rate of return is 7.426%.
What are taxable bond's?A bond that is liable to taxes at the municipal, state, or federal levels, individually or in combination, is referred to as a taxable bond.
The interest income from a tax-exempt bond is not subject to federal taxation in the United States. The interest income from a bond is federally taxable if the bond is.
Municipal bonds often have lower yields but should have tax-free interest. When deciding between investing in taxable bonds and tax-exempt bonds, a potential investor should take their remaining income into account.
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__________ is a combination of passion and perseverance for a singularly important goal, together with resilience and a tolerance for feeling frustrated.
The answer is grit.
Grit is a combination of passion and perseverance for a singularly important goal, together with resilience and a tolerance for feeling frustrated.
What is the meaning of grit in psychology?Grit is a desirable, non-cognitive quality in psychology that is based on a person's enthusiasm and tenacity in pursuing a certain long-term objective or end state. It is the capacity to stick with something you are enthusiastic about and show tenacity in the face of challenges. This type of passion is not characterized by strong feelings or infatuation. It all comes down to commitment and direction.
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Use the accompanying data set to complete the following actions.
a. find the quartiles.
b. find the interquartile range.
c. identify any outliers.
The first quartile, Upper Q 1, is 57.
The second quartile, Upper Q 2, is 63.
The third quartile, Upper Q 3, is 64.
The interquartile range (IQR) is 7.
There exists at least one outlier in the data set at 82.
What is quartile?
In statistics, a quartile is a specific kind of quantile that splits the total number of data points into four roughly equal portions, or quarters. Quartiles are a type of order statistic since they require the data to be arranged from smallest to largest in order to be computed.
Therefore,
Use the accompanying data set to complete the following actions.
a. find the quartiles.
b. find the interquartile range.
c. identify any outliers.
The first quartile, Upper Q 1, is 57.
The second quartile, Upper Q 2, is 63.
The third quartile, Upper Q 3, is 64.
The interquartile range (IQR) is 7.
There exists at least one outlier in the data set at 82.
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Sara owns a ring. she asks tomas, a jeweler, to add a diamond to it. adding the diamond will increase the value of the ring. this is?
Sara owns a ring. she asks tomas, a jeweler, to add a diamond to it. adding the diamond will increase the value of the ring. this is accession.
A significant aspect of two legal practice areas is accession. In the law of trusts and estates, accession refers to the assets created by a designed asset following the execution of a will. For instance, routine auto repairs become into accessions and meld with the main object.The particular processes that acceding governments must follow in order to join the WTO are referred to as the accession process. These procedures have grown over time, drawing on GATT standards, and were created by the Secretariat in cooperation with WTO Members. The process is driven by the members.The Protocol of Accession of the new member is a Protocol of Accession attached to the Report that declares the country's accession to the WTO Agreement, explains the Schedules, and specifies the timetable for accepting the Protocol and becoming a full member of the WTO.To know more about accession visit:
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What is the most effective way to learn more about a large health club company before an interview with a hiring manager?
Examining the company's website and social media channels to learn more about all of the programs and services available are effective way to learn more about a large company before an interview with a hiring manager.
How to learn about any company efficiently ?Look for businesses that share your beliefs.Investigate the company's employee benefits.Discover the company's business operations.Look into the company's leadership.Expand your investigation to include current events and news.Seek feedback from your network.Look for red flags in the news.Set aside the time required to conduct thorough research.Examine relevant local news articles, forums, and business journals.Determine the type of company for which you wish to work.In an interview, be strategic about how you present your research.To know more about ways to learn about company from given link
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Question what is the breakeven sales revenue in usd when fixed costs are $80,000 and contribution margin is $30,000?
Answer:50,00
Explanation:
In a state of market equilibrium, the intrinsic value of the stock will be the market price of the stock.
True, In a state of market equilibrium, the intrinsic value of the stock will be the market price of the stock.
What is the market equilibrium and how are intrinsic price and market price affected?Equilibrium is the situation where the real market price equals the intrinsic value, so investors are indifferent between purchasing or selling a stock. If a stock is in balance then there is no fundamental imbalance, hence no stress for a difference in the stock's price.
What is the intrinsic value of claims and how it is calculated?
Intrinsic value is the expected or calculated value of a company, stock, cash or product determined through fundamental research. It includes palpable and intangible factors. Intrinsic value is also named the real deal and may or may not be identical to the present market value.
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.astore sold 14 more colored shirts than white shirts. the white shirt cost$9.95 and colors cost $10.50. if atotal of $310.60 weresold, how many of each type were sold?
The likelihood of receiving either "heads" or "tails" is 1/2 (sometimes expressed as 0.5 or 50%).
The area of mathematics known as probability deals with numerical representations of the likelihood that an event will occur or that a statement is true. An event's probability is a number between 0 and 1, where, roughly speaking, 0 denotes the event's impossibility and 1 denotes certainty. The likelihood that an event will occur increases with its probability. A straightforward illustration is tossing a fair (impartial) coin. Since there are no other conceivable outcomes and the coin is fair, the possibilities "heads" and "tails" are equally likely; hence, the probability of "heads" equals the probability of "tails."
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A customer with additional funds to invest seeks income, but thinks his portfolio is too heavily weighted in debt securities. the best recommendation to the customer is:_____.
For the customer with an additional funds to invest seeks income but thinks his portfolio is too heavily weighted in debt securities, the best recommendation to the customer is a Preferred stocks.
What is a Preferred stocks?It is a distinct equity that represents ownership of a company, right to claim income from the company's operations. The holders of preferred stock have a higher claim on distributions than common stockholders and usually have no or limited, voting rights in corporate governance
As this customer does not want to buy any more bonds; the Preferred stock is a fixed income equity security, so it meets the customer's requirement that the recommendation not be a bond and it pays a fixed dividend rate (similar to bonds) for income.
In conclusion, for the customer with an additional funds to invest seeks income but thinks his portfolio is too heavily weighted in debt securities, the best recommendation to the customer is a Preferred stocks.
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If a new security issue is marketed to a definite and select group of investors (such as current stockholders, employees or customers) the issue is called:____.
If a new security issue is marketed to a definite and select group of investors (such as current stockholders, employees or customers) the issue is called a privileged subscription.
What is privileged subscription?
An existing shareholder's right to subscribe to fresh stock issuances at or below market pricing allows them to maintain an equal percentage ownership in the company. Employees and investors can purchase shares of business stock over a lengthy period of time through stock subscriptions, typically at a price that excludes broker commissions. The price at which shares are bought signifies a good deal for buyers because there is no commission.
Therefore,
If a new security issue is marketed to a definite and select group of investors (such as current stockholders, employees or customers) the issue is called a privileged subscription.
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A company reported total equity of $145,000 at the beginning of the year. The company reported $210,000 in revenues and $165,000 in expenses for the year. Liabilities at the end of the year totaled $92,000. What are the total assets of the company at the end of the year?.
The total assets of the company at the end of the year is $282,000
What is a total asset?When all assets and liabilities are taken into account, a person's total assets indicate the value of all they own. Anything that a person or business owns, like a car or stock, is considered to be an asset. An asset is bought by people or businesses because they believe its value will rise in the future.
What is the formula for total assets?Liabilities x Owner's Equity = Total Assets
Due to the fact that the company must employ debt (liabilities) and capital to purchase whatever it possesses, the equation must be balanced (Owner or stockholders equity).
What is total assets and how is it calculated?By adding your obligations and equity, you may calculate your total assets. The simplest way to get total assets using this technique is to deduct the value of liabilities from the value of equity or assets because liabilities have a negative value.
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Suppose you have a very efficient study system. then, as you increase the hours that you study for an economics exam, the opportunity cost of studying for the exam:_________
As you increase the hours that you study for an economics exam, the opportunity cost of studying for the exam increases.
What is opportunity cost?Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. Opportunity cost is also known as an implicit cost.
Opportunity cost arises because the resources needed to satisfy human wants are available in limited quantities. So as more resources are used for an economic activity, less resources would be available to produce other activities.
As you spend more time studying for your economics exam, you would have less time for other activities. So, your opportunity cost increases.
Here are the options of this question:
a) increases.
b) decreases.
c) stays the same.
d) may increase or decrease.
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Based on a company management recognition of the need for information to improve decision making, the three interrelated steps in the first phase of the information research process help _____.
The recognition of the need for information to improve decision making involves a three interrelated steps in the first phase of the information research process which help to bring together researchers and decision makers.
What is an information research?These entails those data, formulae, process information or other information developed during the course of the a research.
The process of information research includes:
Conduct secondary data analysis.Do qualitative research.Determine methods of collecting quantitative data (survey, observation, and experimentation)Determine the definition of the information neededIn conclusion, the recognition of the need for information to improve decision making involves a three interrelated steps in the first phase of the information research process which help to bring together researchers and decision makers.
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The leading states in commercial red meat production (or the packing industry) are?
The leading states in commercial red meat production (or the packing industry) are mostly in the Central Plains and Midwest, close to the majority of the livestock.
What do you mean by packing industry?Planning, developing, producing, wrapping, boxing, or bottling products for consumer, industrial, and military sectors is known as packaging. In reality, almost every industry and production facility in the United States depends on the packaging sector.Various businesses, including those in the food and beverage, cosmetics, and healthcare sectors, utilise packaging solutions. Due to its benefits, including durability and a long shelf life, packaging has become quite popular across a variety of industries. The sector has a 2019 market value of about $ 917 billion and is expected to increase at a CAGR of 2.8% to reach $ 1.05 trillion by 2024. Emerging in both science and engineering, packaging is a successful contributor to sectors including electronics, FMCG, and pharmaceuticals.Learn more about packing industry here:
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Owner tom decided to lease out his basement to a college student. By leasing the basement, tom has?
Because Owner Tom decided to lease his basement out to a college students, Tom has transferred a portion of his bundle of rights.
What happens to ownership rights when leasing?The fact that Tom has leased his basement to the college student means that he has transferred some of his rights as the property's owner to the college student. He is still the undisputed owner of the property, but he won't have the same amount of power over the property as he once did.
This is because tenants who lease property also have rights too and these rights are taken from the rights of the owner who leased the property. For instance, the college student who is the tenant here, now has occupancy rights to the property that are tied to the period they leased the property.
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True or false: the adjusted trial balance presents the ending balance of retained earnings
The statement, "the adjusted trial balance presents the ending balance of retained earnings" is false.
What is an adjusted trial balance?The general ledger account balances are reported in an adjusted trial balance following any revisions. These changes often cover depreciation, prepaid expenses, accruing expenses, and other non-cash costs. Prepared at the end of an accounting period - the end of the financial year - the adjusted trial balance is reported on a business’s financial statements, which provide important data on cash flow, expenses, and profits and losses.
The end-of-year balance for Retained Earnings is displayed in the adjusted trial balance. Assets, liabilities, stockholders' equity, dividends, revenues, and expenses appear in this sequence on a trial balance.
A trial balance is a list of the ledger accounts' closing balances at a specific moment. A list of general accounts makes up the adjusted balance in contrast. This money is utilized to pay for various insurance claims and perks as well as operating costs for the business.
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________ are customers who show low potential profitability and little projected loyalty. group of answer choices
A. strangers
B. true believers
C. barnacles
D. true friends
E. butterflies
The Strangers are the customers who show low potential profitability and little projected loyalty.
Who are called the Strangers?These are those customers who have not yet had any transactions with a firm and may not even be aware of the firm. They are those that barely bring in any revenue and are not necessarily loyal to your company.
At the industry level, they may be conceptualized as customers who have not yet entered the market, at the firm level and they may include customers of competitors. In conclusion, the Strangers are the customers who show low potential profitability and little projected loyalty.
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The proof that goods have been moved from the receiving area to the warehouse is the group of answer choices invoice verification accounting document goods receipt/issue slip material document
The material document is the proof that goods have been moved from the receiving area to the warehouse.
What is a material document?Materials (items) that are issued from inventory or received into it are included in material documents in SAP. In each hospital, the records are solely produced by Materials Management / Services employees, not by departmental end users. In SAP, the terms "goods receipt" and "goods issue" are used to describe any material movement. Each material movement has a corresponding movement type that serves as an identifier. Each material movement will result in the generation of a material document and/or an accounting record.
The only type of document in an ERP system is often a material document.
This record is generated by the system to trace the flow of goods during logistical operations such as the receipt, transfer, or issue of goods. So whenever a user or system operator does a transaction on the logistic side.
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According to the law of supply, price and quantity supplied have a(n) ______ relationship.
According to the law of supply, price and quantity supplied have a positive relationship. In order to increase profits, producers are willing to provide more of a product for sale on the market at higher prices by increasing output. This is because quantities respond in the same direction as price changes.
A key tenet of economic theory is the rule of supply, which asserts that an increase in price will result in an increase in the quantity supplied, all other things being equal. The amount of an item or service that producers are willing and able to offer at a specific price, at a specific time, is known as the supply. Microeconomic law is the law of supply.
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What is the break-even quantity beyond which the first process is more attractive?
The break-even point is the point during which total cost and total revenue are equal, implying that your small business has no loss or gain.
What do we mean by break-even quantity?According to Avery, "the breakeven quantity is the number of iterative units that the firm needs to sell to cover the cost of a marketing program or other type of investment." The break-even quantity formula is calculated by dividing the break-even point revenue by the average selling price per unit. It is also equal to the total fixed costs divided by the difference between the average selling price and the average variable costs per unit. The break-even point refers to the point at which total cost and total revenue are equal, implying that your small business has no loss or gain. In other words, you've reached the point where the costs of production equal the revenues for a product.Therefore, the break-even point is the point during which total cost and total revenue are equal, implying that your small business has no loss or gain.
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The market for a perfectly competitive industry clears at a price of $3, and the minimum average cost for all firms is $2.50. in the long run, we would expect an increase in?
The market for a perfectly competitive industry clears at a price of $3, and the minimum average cost for all firms is $2.50. In the long run an increase in the Number of firms is being observed. Thus the correct option is B.
What is a perfectly competitive industry?A market where all consumers and manufacturers have complete and balanced information and there are no expenses indicates perfect competition which is considered an ideal variety of market structure.
When the perfectly competitive industry seeks a Price of $ 3 and the minimum average cost is $2.50, in this case, the increase in the number of firms is observed as in this type of market there is no barrier to entering to the market.
Therefore, option B is appropriate.
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The complete question is
The market for a competitive price-taker market clears at a price of $3, and the minimum average cost for all firms is $2.50. In the long run, we would expect an increase in
A) each firm's output.
B) the number of firms.
C) each firm's profit.
D) each firm's average cost.
The justification for a company initially recording prepaid rent in either an income statement or balance sheet account is that:_____
The justification for a company initially recording prepaid rent in either an income statement or balance sheet account is that at year's end, the accounts are modified to reflect the proper balances.
What is a balance sheet?A declaration that depicts the company's financial situation is the balance sheet. After preparing the trading and profit and loss accounts, it records the business's assets and liabilities at the conclusion of the accounting period.
‘Not-for-Profit’ Organizations create balance sheets to assess the financial standing of the business. Similar to how to trade corporations prepare their balance sheets, so do individuals. It shows assets and liabilities as of the year's end. The right side of the chart shows the assets, while the left side shows the liabilities. But in place of the capital, there will be a general fund or capital fund, and any surplus or deficit determined by the income and expense account is either subtracted from or added to the capital fund, depending on the situation. It is customary to include some subsidized goods, such as entrance fees, bequests, and life membership fees, directly in the capital fund.
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When consumers are characterized as preservers, makers, takers, changers, seekers, or escapers, this is because these reflect their ________.
When consumers are characterized as preservers, makers, takers, changers, seekers, or escapers, this is because these reflect their "view of society."
What is economic sociology?Economic sociology is the study of the manufacturing, distribution, transfer, and consumption of products and services using sociological concepts and methods.
Some key features regarding the economic sociology are-
Economic sociology is especially concerned with the connections between economic activity and the rest of society, as well as changes in the organizations that contextualize as well as condition economic activity. Although traditional economic analysis begins with the atomistic individual, economic sociology typically starts with groups or entire societies, which it opinions as existing independently of it and partially comprising the individual. When economic sociologists focus on individuals, it is usually to investigate how their mutual interests, beliefs, as well as motivations to act are formed through their interactions.To know more about the economic sociology, here
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Explain how banks have transformed their commercial lending business from asset transformation to brokerage services
Asset transformation by financial intermediaries is the purchase of a primary asset or securities and their transformation into other assets in terms of risk and maturity.
A type of transformation where banks use deposits (mobilized funds) to generate income by pooling deposits to provide loans. More precisely, asset transformation is the process of converting bank liabilities (deposits) into bank assets (loans). Deposits are inherently subject to withdrawal by customers (depositors) at any time or as set out in the deposit contract/agreement. Loans are bank assets because they represent money that the bank lends and expects to receive back in the form of repayment of principal and interest. As such, banks perform asset transformation by providing long-term and short-term loans, with the interest differential being their transformation returns. Banks and other financial institutions usually perform asset transformation by offering their customers various financial products on both sides of the balance sheet, such as deposits, investment and loan products, etc.
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A corporation with an outstanding convertible debenture issue could force conversion by?
A corporation with an outstanding convertible debenture issue could force conversion by Equity.
Equity is the thing about convertible bonds is that the issuing company can force a conversion to equity. Fully convertible bonds provide investors with a way to participate in a company's growth while reducing short-term risk. The company is issuing convertible bonds to attract enough investors to finance their international expansion. The conversion will be 20:1 after three years. The fixed interest rate paid to investors on the convertible bond is 2%, which is lower than the typical bond rate. Convertible bonds are long-term debt instruments issued by a company that can be converted into company shares in the future.
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Which broad field of economics would most likely study how consumers respond to a hike in cigarette taxes?
The broad field of Microeconomics would most likely study how all consumers respond to a hike in cigarette taxes.
What is Microeconomics?Microeconomics is a branch of social science that focuses on the effects of incentives and choices, particularly how they affect how resources are used and distributed.
Microeconomics explains how and why different things have varying values, how people and firms conduct themselves and profit from efficient production and trading, and how people can work together and coordinate their efforts to the greatest extent possible. Typically, microeconomics offers a more thorough and in-depth understanding than macroeconomics.
Microeconomics is the study of how people make decisions in response to changes in incentives, pricing, resources, and/or production processes. People are frequently categorized into microeconomic subgroups as customers, sellers, and business owners.
These organizations use money and interest rates as a price mechanism to coordinate the supply and demand for resources.
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The activity that occurs when a buyer and seller trade things of value so that each is better off as a result is referred to as?
The activity that occurs when a buyer and seller trade things of value so that each is better off as a result is referred to as exchange.
The exchange of valuable items between a buyer and a seller with the goal of improving both parties' circumstances. need. arises when a person perceives that they are lacking in basic needs including food, clothing, and shelter.
The exchange of valuable items between the buyer and the seller, with the goal of making both parties wealthier as a result. Price, promotion, place, and product make up the marketing mix (or "four P's"). Information exchange, cost-benefit analysis, and connection building.
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Ecision point: what will you do your first week? you're getting the idea that julio's departure may negatively affect the employees' job
You have the impression that the employees' attitudes toward their jobs may be negatively impacted by Julio's departure.
The first paragraph of your acceptance letter should inform the employee that you have received and accepted their letter of resignation. Think about doing a thorough, anonymous survey. no matter if they are primarily tactical, operational, or strategic. Current can be evaluated using this grouping. Groups must come up with potential answers to their challenge before they can decide. Also keep in mind that certain issues and judgments are difficult because you lack the appropriate information or expertise, in which case you should first.
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Which of the following would be considered steps to creating good customer service? choose all that apply. A. make eye contact and greet a customer to show you are available to provide them service as needed B. you should have a good understanding of the product or service you provide, so that if a customer needs assistance, you are able to deliver a satisfactory response
C. smile often, if appropriate, or model the emotion that is suitable to the situation D. none of the above
Answer:A,B,C
Explanation:
A. Greet a customer and make eye contact to demonstrate your availability to assist them as needed.
B. In order to provide a satisfied response if a consumer requests assistance, you need have a solid understanding of the good or service you offer.
C. If appropriate, try to smile a lot. If not, try to show the proper emotion.
The aforementioned actions would be regarded as first steps in developing strong customer service.
Supporting and promoting customers as they discover, utilize, optimize, and troubleshoot a product or service is known as providing customer service. Additionally, processes help the staff provide excellent customer service. Finding a speedy fix for any one client issue isn't the only goal of customer service. The goal is to establish a long-lasting relationship with the consumer, one in which every interaction provides chances for a deeper, more beneficial involvement.
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Within the context of strategic management it is important to understand that black swan events in the past have demonstrated that.
Any organization's strategic resource, knowledge, must be used effectively if it is to gain a long-term competitive advantage. Strategic thinking and knowledge management came together to form knowledge strategies. Understanding the future and looking for practical ways to gain a competitive edge on the market are both mental processes involved in strategic thinking. Operating in the opportunity space of the organization is strategic thinking. The book describes the process of planning and offers the knowledge techniques that emerge from that intricate mental activity. Deliberate and emergent knowledge strategies can be created by organizations and integrated into their corporate vision and strategy.
Importance of Strategic Management
It directs the business towards a particular direction. It establishes clear organizational objectives that are in line with the company's mission.
In order to analyze competitor behavior and take the necessary activities to compete in the market, rather than just watching, it helps the company become proactive rather than reactive.
It serves as the basis for all of the firm's important decisions.
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