All of the following accounts have normal debit balances except for: capital
How do we classify transactions?
Ordinarily, expenses and assets would have a debit balance because an increase in assets or expense is to be debited, hence, expenses, cash , which is an asset as well as accounts receivable, would have a normal debit balance.
In other words, capital would have a normal credit balance because an increase in capital, liabilities as well as income are credited based on the double entry principle.
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The linking of the organization to its individual customers, employees, suppliers, and other partners for their mutual long-term benefit is referred to as:__________
The linking of the organization to its individual customers, employees, suppliers, and other partners for their mutual long-term benefit is referred to as refers to Relationship Marketing
What is Relationship Marketing?To build enduring ties with clients, use relationship marketing. Relationship marketing seeks to build consumer loyalty by offering superior goods and services rather than attempting to promote a one-time purchase. Contrary to most common advertising methods, which emphasize a single transaction watch ad A and purchase product B—this one focuses on many transactions. Contrarily, relationship marketing is frequently unaffiliated with any particular product or promotion. To optimize the value of that relationship for the client, a business must improve its conduct.
Improving internal processes is a key component of relationship marketing. Many clients leave a business because they are dissatisfied with the customer service, not because they didn't like the product. Even in the midst of product issues, customers will be happy if a business streamlines its internal procedures to meet all of its service needs.
Thus, the linking of the organization to its individual customers, employees, suppliers, and other partners for their mutual long-term benefit is referred to as Relationship Marketing.
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The properties of competitive intelligence include _____.
The properties of aggressive brain include systematic continuous exterior information.
Competitor Intelligence is focused on grasp the moves and selections of rivals in your industry. It is supposed to tune how your opponents are creating products, selling services, marketing, triumphing income deals, and the universal competitiveness of other agencies inside your enterprise or landscape.
What are the types of aggressive intelligence?Competitive brain can be classified as myopic-oriented, tactical intelligence, or long-term targeted strategic intelligence.
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The value for average daily credit sales = 3,166.67
Average daily credit sales = credit sales/360
Credit sales = accounts receivable × receivable turnover
95,000×12 = 1,140,000
1,140,000/360 = 3,166.67
What is average daily credit?
Average Daily Credit Balance is the total principal amount of all Revolving Credit Loans outstanding at the end of each day during any period, divided by the number of days in that period; provided, however, that for any period occurring during the Equipment Loan Availability Period, the Average Daily Credit Balance shall be increased by the total principal amount of all Equipment Loans outstanding at the end of each and every day during such period.
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______ help entrepreneurs form positive and productive ways of thinking that can benefit performance.
Constructive thought patterns helps entrepreneurs form positive and productive ways of thinking that can benefit performance.
Entrepreneurial MindsetEntrepreneurs support economic growth, generate employment, and produce new goods and services that can improve the world. A great entrepreneur needs to have big ideas and think outside the box. Anyone can have an idea, but the entrepreneurial challenge is in turning that idea into a profitable business. The entrepreneurial mindset is distinctive in that it requires high levels of motivation, creativity, and communication while also being risk- and failure-tolerant.
Big ideas by themselves do not necessarily pave the way for successful entrepreneurship in the end. Often, the traits of the entrepreneur themselves determine whether a business succeeds or fails. One huge concept needs a special combination of qualities to become a fully operational, successful firm.
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When individuals want to start a new venture, they may obtain many small amounts of money from many people. what is this type of financing called?
When individuals want to start a new venture, they may obtain many small amounts of money from many people this type of financing called Crowdfunding.
Crowdfunding is a method of funding a project or business by raising money from a large number of people, usually through the internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over $34 billion was raised through crowdfunding around the world.
Crowdfunding is a method of raising money for a project or business. This allows fundraisers to raise funds from a large number of people through her platform online. Crowdfunding is most commonly used by start-ups and growing businesses to access alternative funding.
Regulation Crowdfunding allows qualified companies to offer and sell securities through crowdfunding. Rule: All regulation crowdfunding transactions must be conducted online through an SEC-registered intermediary, either a broker-dealer or a funding portal.
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When buying an existing business, it is important to:
Before buying a business, make sure to examine its past few years of financials records.
What does buying an existing business mean?Exactly what it sounds like, purchasing an existing company. Usually, the buyer gains complete control of the company. The biggest benefit is having a pre existing plan that can incorporate crucial elements like a developed client base, specified operating costs, and fully trained workers.
Why you should buy an existing business?There is less risk. Buying an established business is intrinsically less hazardous than establishing one from scratch because it already has goodwill, is operational, has clients and customers, personnel, systems, suppliers, financial history, a location or locations, and you might be able to convince the seller to finance it.
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What are noncash investing and financing activites, and how are they recorded in qb accountant?
The use of financial instruments other than cash to finance an investment or purchase is known as non-cash investing and financing. A loan or a note payable are two instances of non-cash expenditures. These transactions will not appear on the statement of cash flows even if the associated assets and liabilities must be included on the balance sheet.
What are Non-Cash Investment ?
Transactions that have an impact on recognized assets or liabilities but don't lead to actual cash revenues or outlays are referred to as non-cash investing and financing activities.
A negotiable instrument, such as a check or bank draft, that is deposited but cannot be credited until it clears the issuer's account is referred to as a non-cash item in banking.
A non-cash item is an expense that appears on an income statement but does not entail a cash payment. Examples include capital depreciation and investment profits or losses.
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Under conditions of imperfect competition in hiring labor, union efforts to increase wages:______.
Some claim that union efforts to raise wages will inevitably result in job losses, but some counter that salary hike could also result in an increase or decrease in employment. Why does this have no definitive response? Due to the conditions of imperfect competition in hiring labor.
Because it only produces incentives for firms to just make more money, imperfect competition in the labor market leads to the exploitation of labor. Companies in this environment basically set their own unique prices and compete for market share.
Therefore, if the wages rise due to efforts to increase wages, the employers who must reduce their costs to increase profit might not look for more workers.
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An important issue for consumers is conformance, which is the product's ability to ________.
An important issue for consumers is conformance, which is the product's ability to - Deliver on features and performance characteristics promised in the marketing communications.
Marketing communications
The four main components of a marketing strategy are product, pricing, place, and promotion, often referred to as the marketing mix or the marketing four Ps. The following four components of the marketing mix can assist a business in raising the possibility that customers will see and buy a product:
Product: A consumer's need or desire must be satisfied by the good or service being sold.
Price: A product should be offered for sale at a price that is appropriate for consumer expectations—not too high or too low.
Promotion: To understand how the product satisfies the requirements or wishes of the public, the public must be informed about the product and its attributes.
Place: For maximum sales, it's crucial to consider the product's selling point.
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Studies reveal that over one-half to two-thirds of acquisitions are failures primarily because?
Studies reveal that over one-half to two-thirds of acquisitions are failures primarily because the premiums paid were too high for the firm to earn their cost of capital.
What is an acquisition in business?
An acquisition is when one company purchases all of other company's shares to gain control over that company.Buying more than 50% of a target firm's stock and other assets allows the acquirer to take control about the newly acquired company assets without the recognition of the company's other shareholders.
What makes a good acquisition?
Before making an acquisition, it is important for a company to evaluate whether its decision is a good candidate. A good acquisition person is priced right, has a affordable debt load, minimum litigation and transparent financial statements.
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Organizing the second level of the work breakdown structure by major design components facilitates rolling wave planning. true false
Organizing the second level of the work breakdown structure by major design components facilitates rolling wave planning ---- False
What is Work breakdown structure explain?
A work breakdown structure (WBS) is a project management tool that takes a step-by-step approach to complete large projects with several moving pieces. By breaking down the project into smaller components, a WBS can integrate scope, cost and deliverables into a single tool
What is the role of WBS in project management?
WBS helps to allocate tasks. When a project is broken down into manageable tasks or packages, it becomes a very easier to assign these to the suitable individual. This helps your team plan around other work that needs to be completed outside of the project in question. WBS improves communication.
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What percentage of a person's effectiveness in a leadership role is due to heredity?
30% Percentage of a person's effectiveness in a leadership role is due to heredity.
A leader can play various roles, and a firm will benefit more if they do so. Employees will be motivated to perform better, complete their goals, and even acquire leadership skills when they observe effective leaders in action.
Obtaining cooperation at the highest level is crucial for the creation of plans and policies. It is necessary for the interpretation and execution of plans and programs created by the top management at the medium and lower level. When plans are being carried out, leadership can be demonstrated by advising and guiding subordinates.
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If an organization has an obligation to pay $25,000 to a supplier two years from now, the present value of the obligation:__________
If an organization has an obligation to pay $25,000 to a supplier two years from now, the present value of the obligation is less than $25,000.
What is the present value?A future sum of money or stream of cash flows' present value, or PV, is its current value at a particular rate of return. The higher the discount rate, the smaller the present value of the future cash flows are, as future cash flows are discounted at the discount rate. The key to accurately valuing future cash flows, whether they be earnings or debt obligations, is determining the right discount rate.
The temporal value of money's fundamental tenet is straightforward: A dollar spent today is worth more than one you will get later. This is so that the money you have now can be invested and increase over time at a rate of return or interest. The money you receive "tomorrow" can't be invested today, so its potential for appreciation is diminished.
Here's a simple method for examining present value. $1,000 multiplied by 1.02 equals $1,020 if you deposit $1,000 today in a savings account earning 2% interest each year. With a 2% interest rate, $1000 represents the present value of $1,020 in a year.
Thus, the Present value is the actual current value of any asset.
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Which term defines the tax rate that applies to the next dollar of taxable income earned?
Marginal Tax Rate is the tax rate that applies to the next dollar of taxable income earned.
In the US, the government's marginal rate for people increments as pay rises. This technique for tax collection, known as moderate tax assessment or progressive taxation, intends to burden people in view of their profit, with low-pay workers being charged at a lower rate than higher-pay workers.
The U.S. presently has seven government annual expense sections, with paces of 10%, 12%, 22%, 24%, 32%, 35%, and 37%.
Under the ongoing arrangement, in the event that a single citizen procured $150,000 in available pay, they would owe the accompanying personal expenses for 2021 (due in April 2022), as displayed beneath:
10% Bracket: ($9,950 - $0) x 10% = $995.50
12% Bracket: ($40,525 - $9,950) x 12% = $3,669.00
22% Bracket: ($86,375 - $40,525) x 22% = $10,087.00
24% Bracket: ($150,000 - $86,375) x 24% = $15,270.00
32% Bracket: Not applicable
35% Bracket: Not applicable
37% Bracket: Not applicable
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The iterative process of consensus building involves _____ and _____. (choose 2)
The iterative process of consensus building involves trial and error style cycles.
The primary approach to problem-solving is trial and error. It is characterized by numerous, diverse attempts that are made repeatedly until success—or until the practitioner gives up—comes to pass.
The iterative approach is typically used by business development and marketing research professionals to handle design issues, enhance corporate strategy, maximize product features, or fast respond to market changes. The technique is adaptable to a wide range of industries and uses.
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One financial intermediary in our financial structure that helps to reduce the moral hazard from arising from the principal-agent problem is the.
The principal-agent problem's moral hazard can be reduced by our financial system's financial intermediaries, one of which is the venture capital firm.
A financial intermediary puts itself at risk by acquiring financial assets and incurring debts for its own account in addition to serving as an agent for other institutional units (for example banks, insurance corporations, investments funds)
In exchange for equity, or ownership holdings, venture capital firms or funds invest these early-stage businesses. Venture capitalists take on the risk of investing in risky start-ups in the hopes that some of the firms they support will prosper.
Venture capital businesses have two methods to make money. There are two ways for entrepreneurial investors to make money. The first fee is for capital management for the business. VCs earn money in two different ways. There are two ways for entrepreneurial investors to make money. The first fee is for capital management for the business. The second is carried interest, or "carry," on the fund's investment return.
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The main purpose of the aggregate plan is to specify the optimal combination of what? check all that apply.
The main purpose of the aggregate plan is to specify the optimal combination of Production rate ,Workforce level ,Inventory on hand.
What is Aggregate plan ?
A company can use demand prediction recommendations to conclude its business strategy. An organization can work backward from the ultimate sales unit to the raw materials needed once business strategies are finalized. As a result, requirements for labor, raw materials, working capital, etc. over a medium-term period are divided into annual and quarterly plans (6 months to 18 months). Aggregate planning is the process of determining the production needs for a medium-term.
In order for the company to achieve its long-term goals, aggregate planning is crucial. Planning for aggregates aids in:
Achieving financial objectives through a decrease in overall variable costs and an increase in profitabilityMost use of the production facility that is availableBy matching demand and cutting down on customer wait times, you may please your customers.Invest less in inventory restocking.Able to accomplish scheduling objectives, resulting in a contented and happy workforce.To know more about aggregate plan, visit
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Complete Question :-
The main purpose of the aggregate plan is to specify the optimal combination of what? Check all that apply.
Number of suppliersProduction rateNumber of sales representativesThe best product designWorkforce levelInventory on handDuring the year, a company had $100,000 in revenues, $40,000 in expenses, and paid $3,000 in dividends. these items caused retained earnings to:_________
During the year, a business had $100,000 in revenues, and $40,000 in expenses, and paid $3000 in dividends. The yield of these items caused total stockholders' equity to grow by 57,000.
100,000-40,000-3000= 57000
How are consolidated retained earnings calculated?Consolidated retained earnings are calculated by counting two figures: the first is the parent's individual kept earnings and the second is the parent's share in the subsidiary's post-acquisition retained earnings.
Annual net income minus the net difference in retained earnings = dividends paid.
The yield of these items generated total stockholders' equity to increase by 57,000.
100,000-40,000-3000= 57000
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Besides browned mirepoix and bones, what else gives brown stock its darker color?
Brown stock gets its darker shade from tomato paste in addition to browned mirepoix and bones.
A mirepoix is a flavor basis produced from diced vegetables simmered for a long time on low heat without coloring or browning. This is done because additional cooking, frequently with the addition of tomato purée, results in a darkened brown mixture called pinçage. Since the goal is to sweeten rather than caramelize the ingredients, it is neither sautéed or otherwise hard-cooked. It is a time-tested method of cooking used in French cuisine. Depending on the total cooking time for the dish when the mirepoix is not precooked, the constituent veggies may be cut to a bigger size.
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The role of hr professionals in organizations has evolved from primarily a(n) ________ role into more of a strategic role within the organization.
The role of HR professionals in organizations has evolved from primarily a(n) Administrative and Compliance role into more of a strategic role within the organization.
Administrative Role of HR professional in an organization are:-
Framing and keeping up with representative records.
Refreshing data sets inside, for example, wiped out and maternity leave.
Getting ready and changing where vital HR records, for example, business agreements and enlistment guides.
Inspecting and re-establishing organization strategies and lawful consistence.
Speaking with outside accomplices.
Compliance role of HR Professional is the responsibility of the business to adhere to the functioning guidelines set out by work regulation. Further, this influences the frameworks, strategies as well as documentation.
Additionally, it suggests that the representatives should get all qualifications in their business contract.
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All of the following are included in a competitive bid except:________
a. reoffering yields
b. stated rates of interest
c. premiums or discounts
d. dollar amount of bid
The correct answer is (A) reoffering yields.
Competitive bidding is a formal method for determining what the applicants need and formally requesting it so that possible service providers may assess it and make bids for it.
What are non-competitive bids mean?In contrast to non-competitive bidding, which allows investors to buy securities at a price determined by competitive bidding, which is often the asset's fair market value, competitive bidding awards the security to the highest bidder.
What is a method for competitive bids?Competitive bidding is a formal method for determining what the applicants need and formally requesting it so that possible service providers may assess it and make bids for it.
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Tom lennon is in the business of providing entertainment in many forms to different audiences. he is self-employed, and therefore considered to be a(n)?
Tom Lennon is in the business of providing entertainment in many forms to different audiences. he is self-employed, and therefore considered to be an Entrepreneur.
Entrepreneur: An individual who starts a new firm, taking on the majority of the risks and reaping the majority of the gains, is known as an entrepreneur. The entrepreneur is frequently viewed as an innovator, a source of fresh concepts for products, services, businesses, and operational methods.
Entrepreneurship: The process of setting up a business is known as entrepreneurship.
Tom Lennon is in the business of providing entertainment in many forms to different audiences. he is self-employed and therefore considered to be an Entrepreneur.
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Abuse involves payment for items or services when there is no legal entitlement to that payment and the provider has not knowingly or intentionally misrepresented facts to obtain payment.
Abuse includes payment for products or services when there is no legal entitlement to that payment and the provider has not knowingly or intentionally misrepresented facts to obtain payment is a True Statement.
Abuse comprises incidents or provider actions that are contrary to established, ethical standards in medicine, business, or finance. The program may incur extra expenditures, inappropriate payments, or payments for treatments that do not adhere to generally accepted standards of care or are medically unnecessary as a result of these activities.
A few examples of abuse billing are billing for goods or services that weren't delivered and modifying claim forms to achieve a bigger reimbursement amount or charging the patient for a higher level of service than was actually provided to the patient.
Abuse involves payment for items or services when there is no legal entitlement to that payment and the provider has not knowingly or intentionally misrepresented facts to obtain payment. True/False
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Financial information does not demonstrate consistency when :_______
Financial statements are documents that describe a company's operations and financial performance.
What Are Financial Statements?Financial statements are documents that describe a company's operations and financial performance. Government organizations, accounting companies, etc. frequently audit financial statements to guarantee accuracy and for tax, financing, or investing purposes.
Financial statements that must be provided are the income statement, balance sheet, and statement of cash flows. These three statements can be used by traders as educational tools to assess a company's financial health and to quickly determine its underlying value.
Financial statements are documents that describe a company's operations and financial performance. Government organizations, accounting companies, etc. frequently audit financial statements to guarantee accuracy and for tax, financing, or investing purposes.
Financial statements that must be provided are the income statement, balance sheet, and statement of cash flows. These three statements can be used by traders as educational tools to assess a company's financial health and to quickly determine its underlying value.
Hence, Option D is correct.
The complete question is,
Financial information does not demonstrate consistency when
a. firms in the same industry use different accounting methods to account for the same type of transaction.
b. a company changes its estimate of the salvage value of a fixed asset.
c. a company fails to adjust its financial statements for changes in the value of the measuring unit.
d. none of these
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State-approved riots in which russian mobs brutally attacked jewish communities, destroyed homes and businesses and even murdered jews were called:________
State-approved riots in which Russian mobs brutally attacked Jewish communities, destroyed homes and businesses and even murdered Jews were called: pogroms.
Elaborate about the pogroms?From the latter half of the nineteenth century to the first decade of the twentieth, Jewish communities in the Russian and Habsburg Empires went through various pogrom cycles, including waves of anti-Jewish violence in 1881–1884, 1898, and 1903–1906. A new wave of pogrom violence began with the Russian Civil War and World War I.
The violence during this time, in contrast to earlier pogroms, which were primarily unplanned attacks, began as organized military activity and escalated into full-fledged military operations. In independent Poland, especially after 1935, and on occasion in Romania throughout the interwar period, there were ongoing incidents of collective violence directed at Jews.
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The economic interdependence among nations is often measured by their ___________.
The economic interdependence among nations is often measured by their openness.
What is economic interdependence?
The term "economic interdependence" refers to a measurement of the value of economic exchanges between two nations or between a nation and the rest of the globe, sometimes scaled to total national production or some other indicator of total financial assets. Globalization is one of the effects of economic interconnectedness. Each country's economy is at this point reliant on the supply of goods from other countries. For instance, China is currently a major supplier of goods to the United States.
Therefore,
The economic interdependence among nations is often measured by their openness.
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It is important for companies to remember that selecting a target market and developing a marketing mix are _____ activities and must be done _____.
It is important for companies to remember that selecting a target market and developing a marketing mix are interrelated activities and must be done together.
What is marketing ?Marketing is the process of discovering, developing, and delivering value to satisfy the needs of a target market in terms of goods and services; potentially including the choice of a target audience, the choice of specific qualities or themes to emphasize in advertising, the operation of advertising campaigns, attendance at trade shows and public events, the design of products and packaging attractive to consumers, and the definition of the terms of sale, such as price, discounts, warranty, and return policies.
Usually, the seller, who is usually a manufacturer or merchant, handles the marketing.
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the bullwhip effect causes an amplification of the variation in the demand pattern along the supply chain.
The bullwhip effect causes an amplification of the variation in the demand pattern along the supply chain. - True.
The bullwhip effect refers to a particular supply chain phenomenon that indicates that a small error in assessing consumer demand has been amplified through a supply chain. It reflects the demand distortion that travels upstream in the supply chain. It describes the inventory fluctuations or inefficient asset allocation resulting from demand fluctuations further up in the supply chain.
Some of the important causes of the Bullwhip effect are lack of communication and disorganization, variation in pricing, order batching, and so on. The ways to minimize this include improving the inventory planning process, a collaboration between customers and suppliers, better communication between managers, and so on.
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The system that keeps track of the results of each of the three business activities is called a(n) ________ system.
The system that keeps track of the results of each of the three business activities is called an Accounting Information System.
Accounting Information System: For the benefit of accountants, consultants, business analysts, managers, chief financial officers (CFOs), auditors, regulators, and tax agencies, a company employs an accounting information system (AIS) to gather, store, manage, process, retrieve, and report its financial data.
There are three types of Accounting Information Systems:
1) Manual,
2)Legacy and
3)Modern/Integrated systems.
The system that keeps track of the results of each of the three business activities is called an Accounting Information System.
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Why do people use impression management? they are sensitive about how others see them they prefer impression management over unfocused interactions they want to protect personal space
People use impression management because they are sensitive about how others see them.
Impression management refers to the ways that people use to attempt to control how they are perceived by others.
By portraying particular impressions about their abilities, attitudes, motives, status, emotional reactions, and other characteristics, people can influence others to respond to them in desirable ways.
People use impression management to reinforce current opinions or attempt to change them depending on their goals.
Impression management uses the control of information to emphasize certain aspects of a situation while diverting attention from other details that could contradict the desired impression.
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