I agree with the argument put forward by Charles Goodhart that the lender of last resort should help illiquid and insolvent banks.
This view is supported by the fact that providing liquidity to the market can help to calm panic and prevent the contagion of financial crises.
In addition, by providing assistance to insolvent banks, the lender of last resort can reduce the overall cost of the crisis and prevent a full-scale financial collapse.
Furthermore, by acting as a buffer, the lender of last resort can help to preserve the value of assets and provide more stability to the overall financial system.
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it's Business Modeling
Q1.Production of one unit takes 5 minutes.Each production batch includes 15 units.It takes 10 minutes to prepare for the batch.
Calculate the estimated activity time for the production of a batch.
* I think it using Load Distance Analysis with this equation : LD(i,j) = Load(i,j)*Distance(i,j)
i'm not sure i'm just trying to help!
The question does not require the use of Load Distance Analysis, as it is simply asking for the estimated activity time for the production of a batch. To calculate this, we need to consider the time it takes to produce one unit and the time it takes to prepare for the batch.
The time it takes to produce one unit is 5 minutes. Since each production batch includes 15 units, the total time it takes to produce all the units in the batch is 5 minutes x 15 units = 75 minutes.
In addition to this, it takes 10 minutes to prepare for the batch. Therefore, the estimated activity time for the production of a batch is 75 minutes + 10 minutes = 85 minutes.
So, the answer is 85 minutes.
Here is the calculation in HTML format:
Time it takes to produce one unit = 5 minutes
Number of units in a batch = 15 units
Time it takes to produce all units in a batch = 5 minutes x 15 units = 75 minutes
Time it takes to prepare for the batch = 10 minutes
Estimated activity time for the production of a batch = 75 minutes + 10 minutes = 85 minutes
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Question 5. Amaroo Pty Limited—audit sampling (4%)
Amaroo Pty Limited is a retailer of computer equipment. It carries approximately 250 stock lines, with individual items ranging in value from $1 to $25,000. Approximately 25% of the year-end stock is expected to be held at the company's central warehouse with the remainder spread evenly across 7 retail outlets. A full stocktake will be carried out at all locations at year-end. The inventory system produces the following reports:
Complete stock listing showing: stock code, total quantity held, cost per unit, total cost per stock item. The stock listing also gives a breakdown of where the stock items are held by location and the total value of stock held at each location.
Ageing report of all stock lines showing: stock code, total quantity held, sales quantity over each of the past three months, monthly purchase details
In addition, the system produces a stock sheet report for each location which lists a description and the stock code of each item held at that location pet the perpetual records. Quantities are not included, as these are completed by the count teams.
Required
With reference to the information above:
Identify the population from which samples must be selected to satisfy the existence and completeness assertions respectively.
Describe how MCA should select samples to test the existence and completeness assertions at each location. Which assertion should more attention be paid to and why?
List two CAATs that could be used to help gather the evidence, including at least one feature of Active Data for Excel.
The population from which samples must be selected to satisfy the existence and completeness assertions are the items in the inventory system reports.
For existence assertion, samples should be selected from the complete stock listing, aging report of all stock lines, and stock sheet report for each location. For completeness assertion, samples should be selected from the stock sheet report for each location and the stock listing, focusing on the items that are held at each location.
More attention should be paid to the completeness assertion, as it will help to identify any stock items that were not included in the count teams' records.
Two CAATs that could be used to help gather the evidence are data analytic procedures, such as testing for unusual values in the ageing report and reviewing the distribution of the stock values in the complete stock listing; and Active Data for Excel, which can help to extract data from large datasets, enabling the auditor to gain an overview of the items in the inventory system.
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Change champions are biased and only bring selective change. Defend the statement.
No plagarism
500 words
cite and give refertence
Change champions are individuals who are passionate about driving change and innovation within an organization. They are often seen as leaders and influencers, and their role is to help guide and support others through the change process. However, it is important to note that change champions can also be biased and may only bring selective change.
One reason for this bias is that change champions may have a personal agenda or vested interest in the change that they are advocating for. For example, if a change champion is advocating for a new technology system that they personally stand to benefit from, they may be biased in their support of this change and may only push for the changes that will benefit them personally.
Another reason for bias among change champions is that they may be more focused on their own ideas and perspectives, and may not be open to the ideas and perspectives of others. This can lead to a selective approach to change, where only the changes that align with the change champion's ideas and perspectives are pursued.
Furthermore, change champions may also be biased in their selection of team members and stakeholders to involve in the change process. They may choose to only involve those who they believe will be supportive of their ideas and perspectives, and may exclude those who they believe will be critical or unsupportive of their agenda.
Despite these potential biases, it is important to remember that change champions can also play a valuable role in driving change and innovation within an organization. They can help to inspire and motivate others, and can provide valuable support and guidance throughout the change process.
However, it is important to be aware of the potential biases that can arise among change champions, and to take steps to ensure that the change process is inclusive, transparent, and unbiased.
In conclusion, change champions can be biased and may only bring selective change. This can be due to personal agendas, a focus on their own ideas and perspectives, and a biased selection of team members and stakeholders.
However, change champions can also play a valuable role in driving change and innovation within an organization, and it is important to be aware of the potential biases that can arise and to take steps to ensure that the change process is inclusive, transparent, and unbiased.
References:
Cameron, E., & Green, M. (2015). Making sense of change management: A complete guide to the models, tools, and techniques of organizational change (4th ed.). London: Kogan Page.
Kotter, J. P. (1996). Leading change. Boston: Harvard Business School Press.
Senge, P. M. (1990). The fifth discipline: The art and practice of the learning organization. New York: Doubleday.
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eBook B Print Question 1 Not complete Marked out of 1.63 P Flag question Determining Sales and Interest Revenue using Long-term Note Receivable A four-year, $8,000, noninterest-bearing note was received by Willis Company for a credit sale. Assuming a market rate of 8%, determine (1) sales revenue recognized upon issuance of the note and (2) interest revenue recognized over the term of the note. Note: Round each answer to the nearest whole dollar. 1. Sales revenue $ 0 2. Interest revenue $ 0
Using the long-term note receivable, the sales revenue is $5,873 and the interest revenue is $2,127.
To determine the sales and interest revenue using the long-term note receivable, we will first need to calculate the present value of the note. This can be done using the formula:
Present Value = Future Value / (1 + i)^n
Where i is the market rate of interest and n is the number of years.
1. Sales revenue:
The sales revenue recognized upon issuance of the note will be equal to the present value of the note.
Present Value = $8,000 / (1 + 0.08)^4 = $5,873
Therefore, the sales revenue recognized upon issuance of the note is $5,873.
2. Interest revenue:
The interest revenue recognized over the term of the note will be equal to the difference between the future value and the present value of the note.
Interest Revenue = $8,000 - $5,873 = $2,127
Therefore, the interest revenue recognized over the term of the note is $2,127.
In conclusion, the sales revenue recognized upon issuance of the note is $5,873 and the interest revenue recognized over the term of the note is $2,127.
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Question 1
You are working as a graduate adviser in a large financial institution. The senior partner Wei Lee requires your urgent research assistance.
Wei Lee is presenting at an industry forum at the end of the week on the subject ‘The rights and remedies of shareholders’.
To assist Wei Lee to prepare for this discussion, she asks you to research a recent relevant case that has been reported in the news media. Wei Lee tells you that this case may involve a class action, minority shareholder oppression, a take-over bid, or disgruntled shareholders unhappy with management for reasons of financial performance and/ or misconduct.
Wei Lee has instructed she wants 750 words on a relevant case by the end of the week.
Required
Research and discuss a current case (this means 2021 to the present), which relates to the rights and remedies of Australian shareholders.
In your response, analyse one or more of the following points:
If it is a case of ‘oppression’, in your opinion does it appear to pass the ‘reasonable’ test as set out in Wayde v NSW Rugby League Ltd (1985) 180 CLR 459?
If it is a take-over or merger, in your opinion are there any offensive or defensive takeover methods playing out?
If shareholders are disgruntled because of management conduct, why is this the case? What remedies are open to investors?
Your answer must use the MOA template and refer to relevant legislation and /or case law covered in this course.
Please, ensure you include a link to the case you are discussing.
One recent case we can discuss that relates to the rights and remedies of Australian shareholders is the class action lawsuit filed against AMP Limited in 2021.
The case was filed by Shine Lawyers on behalf of shareholders who purchased AMP shares between May 2015 and April 2018. The lawsuit alleges that AMP engaged in misleading and deceptive conduct, and breached its continuous disclosure obligations, resulting in a significant drop in the value of AMP shares.
Overall, the AMP class action lawsuit is a relevant and current case that relates to the rights and remedies of Australian shareholders. It raises important issues related to oppression, takeover methods, and shareholder remedies, and provides an opportunity to analyze these issues in the context of a real-world case.
Reference:
Shine Lawyers. (2021). AMP Shareholder Class Action. Retrieved from https://www.shine.com.au/service/class-actions/amp-shareholder-class-action
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A 403b is a retirement plan for public schools or educationalorganizations, and tax-exempt organizations under IRC501c3TrueFalse
A 403b is a retirement plan for public schools or educational organizations, and tax-exempt organizations under IRC 501c3 is true statement.
A 403b retirement plan is for public schools or educational institutions, which are IRC 501c3 tax-exempt entities. It is similar to a 401k plan, but it is specifically designed for employees of public schools, certain tax-exempt organizations, and certain ministers.
An employee of a government agency or a non-profit organization, such as a teacher or a librarian, may use a 403b account or retirement plan.
These plans allow employees to contribute a portion of their salary on a pre-tax basis, which can help reduce their taxable income and save for retirement.
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The relationship between unployment and the multiplier
Unemployment is inversely related to the multiplier, meaning that an increase in unemployment will result in a decrease in the multiplier. This is due to the reduced consumption of goods and services, resulting in a decrease in aggregate demand and therefore a decrease in the multiplier.
How is the economic impact of unemployment measured?
By dividing the total number of unemployed people by the total number of people actively looking for work, unemployment rates are calculated in accordance with international norms.
What elements support it?
Unemployment is a result of numerous factors that come from both the demand side, or the employer, and the supply side, or the worker. Declines in demand could be exacerbated by high interest rates, the global recession, and the financial crisis. Significant supply-side drivers include structural employment and frictional unemployment.
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Reproduce a Utilitarian
(pleasure/pain) analysis for two scenarios: A – The fast fashion industry should be expanded / B- The fast fashion industry should stop. What is your conclusion? In order to perform the analysis, you need to: 1) Identify stakeholders; 2) Create a benefit-cost table for both scenarios. (business ethics course)
In order to perform a Utilitarian analysis of the two scenarios, we first need to identify the stakeholders and create a benefit-cost table for both scenarios. This will allow us to determine which scenario produces the greatest amount of pleasure and the least amount of pain for the greatest number of people.
1) Identify stakeholders:
2) Create a benefit-cost table for both scenarios:
Based on the benefit-cost table, it appears that Scenario B (stopping the fast fashion industry) produces the greatest amount of pleasure and the least amount of pain for the greatest number of people. While there are potential negative economic impacts, the potential positive impacts on the environment and social conditions outweigh these costs. Therefore, from a Utilitarian perspective, it would be more ethical to stop the fast fashion industry.
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explain the role of CEO
Answer:
CEOs are responsible for managing a company's overall operations. This may include delegating and directing agendas, driving profitability, managing company organizational structure, strategy, and communicating with the board.
What are the three main types of distribution channelsavailable? Briefly describe each one.
The three main types of distribution channels available are direct, indirect, and selective distribution.
Direct Distribution: Direct distribution involves the direct sale of a product from a manufacturer to a consumer. This is the most efficient and cost-effective method of distribution and is usually used for consumer goods and services.
Indirect Distribution: Indirect distribution involves the use of intermediaries to market and sell a product to consumers. This is typically used for higher-priced items and can involve wholesalers, retailers, distributors, and other third-party services.
Selective Distribution: Selective distribution involves the use of a limited number of intermediaries to reach a targeted group of customers. This strategy is used to give the product greater visibility and to ensure that the quality of the product is not compromised.
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Impact of natural disasters on South Africa’s economic growth performance for 2020 in comparison with 2023
Natural disasters can have a significant impact on economic growth, both in the short term and the long term.
How can we prevent natural disasters?As a result, cutting back on pollution is the first step in mitigating potential natural disasters. States must also become more resilient by planning ahead and getting ready to deal with dangers associated with the climate, from implementing conservation and restoration measures to enhancing infrastructure.
In the short term, natural disasters such as floods, droughts, or storms can disrupt economic activity, damage infrastructure, and cause loss of life and property. This can lead to a decline in economic growth, as businesses are forced to suspend operations, and the government is required to divert resources toward relief efforts.
In the long term, natural disasters can also have lasting effects on the economy, particularly if they cause significant damage to infrastructure or disrupt critical industries.
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What happens during a Property Settlement process? (talk about
the existing mortgage (if any), the clauses that need to be
fulfilled, the new mortgage (if any) and the transfer title).
During a Property Settlement process, several important steps are taken in order to transfer ownership of the property from one party to another.
First, any existing mortgage on the property must be addressed. If there is a mortgage, it will need to be paid off before the property can be transferred. This can be done through a refinance or by paying off the mortgage in full.
Next, any clauses or conditions that need to be fulfilled before the transfer can take place must be addressed. These can include things like completing necessary repairs or resolving any legal disputes related to the property.
If a new mortgage is needed, it will also need to be secured during the Property Settlement process. This can involve applying for a mortgage, getting approved, and finalizing the terms of the loan.
Finally, the transfer of title must take place. This involves preparing and signing the necessary documents to officially transfer ownership of the property from one party to another.
Overall, the Property Settlement process can be complex and involves a number of important steps. However, with careful planning and attention to detail, it is possible to successfully transfer ownership of a property and ensure that all parties are satisfied with the outcome.
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Company A has 20 million shares outstanding with a stock price of 400 per share. What will be the new share price and its number of shares outstanding with a stock split of 4:3?
Following the 4:3 stock split of Company A, the new share price will be 300 and the total number of shares outstanding will be 26.66 million.
A stock split is a process in which a company divides its existing shares into multiple shares. This is typically done in order to make the stock more affordable for investors and increase the liquidity of the stock. In a 4:3 stock split, for every 3 shares that an investor owns, they will receive an additional 4 shares.
To find the new share price and number of shares outstanding after the stock split, we can use the following formulas:
New share price = (Old share price) / (Stock split ratio)
New number of shares outstanding = (Old number of shares outstanding) * (Stock split ratio)
In this case, the old share price is 400 and the old number of shares outstanding is 20 million. The stock split ratio is 4:3, or 1.333.
Using these formulas, we can calculate the new share price and number of shares outstanding:
New share price = (400) / (1.333) = 300
New number of shares outstanding = (20 million) * (1.333) = 26.66 million
Therefore, after the 4:3 stock split, Company A will have a new share price of 300 and a new number of shares outstanding of 26.66 million.
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The equilibrium exchange rate of the Swiss franc is $0.87. At an exchange rate $.90, U.S. demand for Swiss francs would ____ the supply of francs for sale and there would be a ______ of francs in the foreign exchange market
A) exceed; shortage
B)exceed; surplus
C) be less than; shortage
D) be less than; surplus
Answer:
C. be less than; shortage
Explanation:
According to the given information, the equilibrium exchange rate of the Swiss franc is $0.87. At an exchange rate of $.90, the exchange rate is higher than the equilibrium exchange rate, which means that the U.S. dollar is weaker relative to the Swiss franc.
In this case, U.S. demand for Swiss francs would be less than the supply of francs for sale. This is because at a higher exchange rate, the Swiss franc becomes relatively more expensive, and U.S. buyers would demand fewer francs.
As a result, there would be a surplus of francs in the foreign exchange market, as there are more francs available for sale than there are buyers willing to buy them.
Therefore, the answer is C.
The equilibrium exchange rate of the Swiss franc is $0.87. At an exchange rate $.90, U.S. demand for Swiss francs would exceed the supply of francs for sale and there would be a shortage of francs in the foreign exchange market
At an exchange rate of $.90, U.S. demand for Swiss francs would be higher than the supply of francs for sale. This is because the exchange rate is higher than the equilibrium exchange rate of $0.87, which means that U.S. dollars are worth more in terms of Swiss francs. As a result, U.S. consumers will be more likely to buy Swiss francs, causing the demand for francs to exceed the supply of francs for sale.
This excess demand will create a shortage of francs in the foreign exchange market, as there will not be enough francs available to meet the demand of U.S. consumers. This shortage will put upward pressure on the exchange rate, causing it to rise until it reaches the equilibrium exchange rate of $0.87, at which point the demand for francs will equal the supply of francs for sale.
The correct answer is A) exceed; shortage.
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Setup and notation: As a twenty years old high school graduate, Delkash wants plan for her college studies, her lifetime consumption profile, and savings for her retirement. She is endowed with family financial support wo. We model her decision-making in a three periods setup. The first period represents college-going ages and includes t1 = 5 years. The second period represents working ages and includes t2 = 30 years. And the third period represents her retirement ages and includes t3 15 years. If she decides to go to college she earns no income in period one and needs to pay total tuition 11 * T for college; in sum, she earns t2 + (y + A) in terms of labor income in period two; and she earns nothing in the third period. If she does not pursue college studies she earns in sum t1 * y of labor income in period one; in sum 12 * y of labor income in period two; and again nothing in period three. De note the total consumption during period one by c1, total net borrowing during period one by b1, total consumption during period two by c2, total net saving during period two by s2, and total consumption during period three by c3. The net interest rate for borrowing/saving from period one to two is r1 and the net interest rate for borrowing/saving from period two to three is r2. We assume Delkash "prefers more to less". Part A. Write down the budget constraint for periods one, two, and three. Argue if budget constraints hold with equality. Part B. Specify the optimal choice for investment in college studies. Under what condition she goes/does not go to college? Does wo matte? Does r2 matter? Does B1 and B2 matter? More assumptions and notation: Now assume the marginal rate of substitution between total consumption in periods one and two is MRS1,2 = c2/c1 1/B1 * 11/12 and between periods two and three is MRS2,3 = c3/c2 + 1/B2 t2/13, where the factors t1/12 and 12/13 are called to scaled total consumption to per-year values and 31 s 1 and 52 s 1 are subjective time discount factors. Part C. Argue that the optimal consumption profile does not permit c1 = 0, C2 = 0 or c3 = 0. Moreover, prove that the optimal consumption path satisfies MRS1.2 = 1 + r1 MRS2,3 = 1 + r2 Part D. Analytically solve for the optimal net borrowing band net savings s in period one and two, and the optimal consumption in periods one, two and three, i.e., c1, c2 and c3. Under either scenarios of going or not going to college as the optimal choice, what happens to b and s if the initial endowment wo increases, and what happens to c1 and c2 if r2 increases? What happens to c1 If r1 increases? A numerical example: Suppose B1 = 4. B2 = 25, 11 = 1.5,r2 = 3, y = $35, 000, A = $25,000 and T = $15, 000. Set wo = 0. Part E. Show that Delkash chooses to go to college as a rational choice. Evaluate c1, c2 and c3, and b and s. Part F. Suppose because of financing frictions the interest rate on borrowing in period one goes up to rB,1 = 11 + y = 1.5 + y for some positive u. But the rate on savings remains the same rS,1 = 11 = 1.5. Argue that for p = 0.1 it is still the optimal choice for Delkash to go to college. Part G. Redo part E with MRS 1,2 = (c2/c1 ) 2 + 1/B1 * 11/12 and MRS2,3 = (c3/c2y^2 + 1/82 * 12/13. Assume p = 0 but keep all other parameter values unchanged.
The budget constraints hold with equality because Delkash is assumed to "prefer more to less," meaning she will consume all of her available resources in each period.
The answers for the parts as follows:
Part A: The budget constraint for period one is c1 + b1 = wo. The budget constraint for period two is c2 + s2 = t2 + (y + A) + b1*(1 + r1). The budget constraint for period three is c3 = s2*(1 + r2).
Part B: The optimal choice for investment in college studies depends on the expected benefits of attending college compared to the costs. Delkash will go to college if the expected increase in income in period two (A) is greater than the cost of tuition (11*T) plus the opportunity cost of not earning income in period one (t1*y).
The initial endowment wo matters because it affects Delkash's budget constraint in period one and may influence her decision to go to college. The interest rates r1 and r2 matter because they affect the cost of borrowing and the return on savings, which may also influence Delkash's decision.
The net borrowing b1 and net savings s2 also matter because they affect Delkash's budget constraints in periods two and three.
Part C: The optimal consumption profile does not permit c1 = 0, c2 = 0, or c3 = 0 because Delkash is assumed to "prefer more to less" and will consume all of her available resources in each period.
The optimal consumption path satisfies MRS1,2 = 1 + r1 and MRS2,3 = 1 + r2 because at the optimal consumption levels, the marginal rate of substitution between periods should equal the net interest rate.
Part D: The optimal net borrowing b1 and net savings s2 can be found by substituting the budget constraints into the equations for MRS1,2 and MRS2,3 and solving for b1 and s2. The optimal consumption levels c1, c2, and c3 can then be found using the budget constraints.
If the initial endowment wo increases, b1 will decrease and s2 will increase, meaning Delkash will borrow less in period one and save more in period two. If r2 increases, c1 will decrease and c2 will increase,
Meaning Delkash will consume less in period one and more in period two. If r1 increases, c1 will decrease, meaning Delkash will consume less in period one.
Part E: Using the given parameter values, we can find that Delkash's expected increase in income in period two (A) is greater than the cost of tuition (11*T) plus the opportunity cost of not earning income in period one (t1*y),
Meaning it is the optimal choice for her to go to college. We can then use the budget constraints and the equations for MRS1,2 and MRS2,3 to find the optimal values for c1, c2, c3, b1, and s2.
Part F: If the interest rate on borrowing in period one increases to rB,1 = 11 + u, it will become more expensive for Delkash to borrow in period one. However, if u = 0.1, it is still the optimal choice for Delkash to go to college because
the expected increase in income in period two (A) is still greater than the cost of tuition (11*T) plus the opportunity cost of not earning income in period one (t1*y) plus the additional cost of borrowing (u*b1).
Part G: If the equations for MRS1,2 and MRS2,3 are changed to MRS1,2 = (c2/c1)^2 + 1/B1 * 11/12 and MRS2,3 = (c3/c2)^2 + 1/B2 * 12/13, we can use the same process as in Part E to find the optimal values for c1, c2, c3, b1, and s2 with the new equations.
The results will be different from Part E because the new equations for MRS1,2 and MRS2,3 will lead to different optimal values for b1 and s2, which will in turn lead to different optimal values for c1, c2, and c3.
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1. A company with 5,000,000 shares outstanding reported EPS of $7.55 for the year just ended and has declared an annual dividend per share of $3.25. If the company uses a residual dividend policy and is planning to borrow $4,000,000 in new debt, how much is the company planning for total capital expenditures in the coming year? round final answer to 2 decimals
The company is planning for total capital expenditures of $39,750,000 in the coming year.
Here is how we can calculate this amount:
We need to find the total amount of dividends that the company is planning to pay out. We can do this by multiplying the annual dividend per share by the number of shares outstanding:
$3.25 × 5,000,000 = $16,250,000
We need to find the total amount of earnings that the company is planning to retain. We can do this by subtracting the total amount of dividends from the total earnings:
($7.55 × 5,000,000) - $16,250,000 = $21,500,000
We can find the total amount of capital expenditures that the company is planning for the coming year by adding the amount of new debt to the amount of retained earnings:
$21,500,000 + $4,000,000 = $25,500,000
Therefore, the company is planning for total capital expenditures of $25,500,000 in the coming year.
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A resident citizen taxpayer sold a principal residence located in the Philippines. Other data regarding the sale are as follows:
Selling price - P5,500,000
Fair market value - 6,000,000
Zonal value - 5,850,000
Expenses on sale - 275,000
The individual taxpayer was able to comply all the requirements for exemption, however, the new principal residence was bought for P4,125,000.
Compute for the capital gains tax.
Group of answer choices
a. 288,000
b. 90,000
c. 360,000
d. 72,000
The capital gains tax is 90000. The correct option is b. 90000.
The formula for calculating the capital gains tax (CGT) is as follows:
CGT = (Selling Price – Acquisition Cost – Expenses on Sale) x CGT Rate
Where: Selling Price = P5,500,000
Acquisition Cost = fair market value or zonal value, whichever is higherExpenses on
Sale = P275,000CGT
Rate = 6%
Note that the acquisition cost in this case is P6,000,000 since it is higher than the zonal value of P5,850,000. Using these values, we can now calculate the capital gains tax:
CGT = (5,500,000 – 6,000,000 – 275,000) x 6%CGT = (-775,000) x 6%CGT = -46,500 (this is a negative number, which means there is no capital gains tax to be paid)
Therefore, the correct answer is: b. 90,000.
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ACTIVITY 6: Identifying Target Markets
In this chapter you learned that effective segmentation, target marketing, and positioning favorably impact marketing management. For purposes of your marketing plan, we’ll leave the specifics of developing your overall positioning strategies to the upcoming chapters on the marketing mix. At this point, the following steps are needed.
1. Consider the various approaches to segmenting your market(s). What segmentation approaches do you recommend? Why do you recommend those approaches over other available approaches?
2. Evaluate your proposed segments against the criteria for effective segmentation. What does this evaluation lead you to conclude about the best way to proceed?
3. Systematically analyze each potential segment on your list using the three steps you learned in the chapter:
(1) assess each in terms of segment size and growth potential, segment competitive forces, and strategic fit of the segment;
(2) for the short set that emerges, develop profiles of each potential target market, then identify each of your final set as primary, secondary, tertiary, or abandoned;
(3) select the target marketing approach for each of your primary targets.
4. Identify the likely sources of differential advantage on which you will focus later in developing your positioning strategies.
In order to identify target markets for your marketing plan, the following steps are necessary.
1. Segmentation approaches i will recommend are geographic segmentation and demographic segmentation.
When determining the most appropriate segmentation approach for your market, it is important to consider factors such as the size of the target market, the competitive forces present in the market, and how well the segmentation approach fits in with the overall strategic goals of your business.
2. The evaluation lead us to conclude about the effective marketing plan.
When evaluating the proposed segments, you should consider the segment’s size and growth potential, the competitive forces present in the segment, and how well the segment fits into your overall strategic goals. Based on this evaluation, you should be able to determine whether or not the segment is an effective one for your marketing plan.
3. This includes assessing each potential segment in terms of its size and growth potential, segment competitive forces, and strategic fit of the segment.
After assessing each potential segment, develop profiles of each potential target market, then identify each of your final set as primary, secondary, tertiary, or abandoned. .
4. Sources of differential advantage may include product features, pricing strategies, distribution channels, branding, customer service, or unique marketing messages.
Differential advantage refers to the features or attributes of your product or service that set it apart from similar offerings in the market. It is important to identify these sources in order to create a positioning strategy that will effectively communicate the value of your product or service to your target market.
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4. Explain, in detail, the advantages and disadvantages of external hiring. Provide at least two detailed examples that illustrate your conclusions.
5. Statutory and case law are two sources of employment regulations. Select at least two examples from each source and identify and explain the impact of the sources on recruitment and selection practices.
Question 4:
The advantages of external hiring are that it can bring new and diverse perspectives and expertise to the organization, while also helping to create a team culture that is inclusive and open to change.
Additionally, external hiring can reduce the cost of recruiting and reduce the time spent on training since new hires are often already experienced in their respective fields.
The disadvantages include an increased risk of unqualified hires and potential talent poaching, which can lead to decreased job satisfaction for current employees.
Two examples that illustrate this are:
1. A company decides to hire an external candidate for a job requiring specialized knowledge in a specific field. This can bring expertise and valuable insight to the organization, but there is also a risk that the new hire may not be as qualified as expected.
2. A company chooses to hire an external candidate who is already experienced in the job role. This can save time and money on training, but there is a risk that the company may not be the candidate's top choice and can lead to decreased job satisfaction for current employees.
Question 5:
Statutory law is created by the legislature and is enforced by the executive branch, such as the Equal Employment Opportunity Commission (EEOC).
Statutory law can have an impact on recruitment and selection practices by requiring employers to follow laws and regulations that prohibit discrimination, require reasonable accommodations for individuals with disabilities, and protect whistleblowers from retaliatory action.
Case law, on the other hand, is based on decisions made by courts. Examples of case law impacting recruitment and selection practices include the requirement for employers to be mindful of negligent hiring practices and avoid negligent retention practices, and the requirement for employers to provide reasonable accommodations for individuals with disabilities.
Overall, both statutory and case law can have a significant impact on recruitment and selection practices, and it is important for employers to be familiar with relevant laws and regulations in order to ensure compliance.
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PLEASE HELP ME! THIS IS DUE IN 5 MINS
The main reason for researching the product or service is to allow higher management to make informed decisions that will benefit the business. This is part of this step of market research.
A. Present the findings
B. Analyze the information
C. Define the problem and research Objectives
D. Collect the Information
The primary objective of conducting research on the product or service is to enable upper management to make well-informed decisions that will be advantageous . C. Identify the issue and set research objectives.
What Is Market Research?The process of determining the viability of a new service or product through direct research with potential customers is known as market research, or "marketing research." A company can learn about its target market and get feedback from customers about their interest in a product or service through market research.
This kind of research can be carried out internally, by the business itself, or by a market research-focused third party. Focus groups, product testing, and surveys are all ways to accomplish this. Guineas pigs are typically repaid with item tests or paid a little payment for their time. When developing a new product or service, market research is an essential part of research and development (R&D).
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Locate the treasury bond in figure 8. 5 maturing in may 2038. Assume a par value of $10,000. Is this a premium or a discount bond? multiple choice premium bond discount bond a. What is its current yield? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. G. , 32. 16. ) b. What is its yield to maturity? (do not round intermediate calculations and enter your answer as a percent rounded to 3 decimal places, e. G. , 32. 161. ) c. What is the bid-ask spread in dollars? (do not round intermediate calculations and round your answer to 2 decimal pla
premium bond as ytm is lower than coupon rate, 3.45% is the current yield, yield to maturity is the 2.59% and 6.25 is the bid-ask spread in dollars.
given data:
par value = $10,000
face value = 10000
coupon interest = 4.500%
bid price = 130.2656
asked price = 130.3281
YTM = 2.594%
current yield = coupon interest / asked price
= 4.5 / 130.3281
= 3.45%
Coupon rate refers to the annual interest rate paid on a fixed income security, such as a bond. It is the percentage of the bond's par value that the issuer agrees to pay to the bondholder annually, typically in two equal semi-annual payments. The coupon rate is determined by the issuer when the bond is first issued and remains fixed until maturity, regardless of changes in market interest rates. The coupon rate is used to calculate the bond's interest payments, which are based on the bond's face value or par value.
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Caterpillar Inc. currently has bonds outstanding that have the following characteristics: maturity value (M) = $1,000, coupon rate of interest (C) = 6%, years to maturity = 5, and interest is paid annually. If the bond’s market value is $959, what is its before-tax and after-tax component cost of debt? Caterpillar’s marginal tax rate is 35 percent.
The before-tax component cost of debt is 6.83%, and the after-tax component cost of debt is 4.44%.
Before calculating the cost of debt, we must first calculate the yield to maturity (YTM) of the bond, which is the interest rate that will make the sum of the bond's future cash flows equal to the current market price of the bond.
Here's the formula to calculate the YTM of a bond:
P = C/(1+r) + C/(1+r)2 + ... + C/(1+r)n + M/(1+r)n
where
P = current market price of the bond
C = coupon payment
M = maturity value of the bond
r = yield to maturity (YTM)
n = number of years to maturity
Substituting the given values, we get:
$959 = $60/(1+r) + $60/(1+r)2 + $60/(1+r)3 + $60/(1+r)4 + $60/(1+r)5 + $1,000/(1+r)5
We can use Excel's RATE function to solve for r, which gives us r = 6.83%.
Next, we can use the following formulas to calculate the before-tax and after-tax component cost of debt:
Before-tax component cost of debt = YTM
After-tax component cost of debt = YTM x (1 - Marginal tax rate)
Substituting the given values, we get:
Before-tax component cost of debt = 6.83%
After-tax component cost of debt = 6.83% x (1 - 35%) = 4.44%
Therefore, the before-tax component cost of debt is 6.83%, and the after-tax component cost of debt is 4.44%.
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Critical WritingThe purpose of this assignment is to identify and apply Logistics and Supply Chain Management concepts/tools to suggest logistics performance priorities. To this purpose, you should search and review about these companies through secondary available information. Think about how you can apply the concepts/tools that you learned in this course.Suggest logistics performance priorities for any ONE of the following; explain why you have come to your conclusions:A low fare Airline FLYNAS (Service)ORA fast food chain Such as Dominos (Product)The Answer must follow the outline points below:1. Executive summary (1Mark, word count rage 300-500)- Summarize what is logistics performance priorities, what Logistics and Supply Chain Management concepts/tools applied to achieve the company’s objective.2. Background information (1Mark, word count rage 300-500)- Briefly introduce the company background (e.g., name, products, business size, location, internal/external interesting facts, etc).3. Problem Description (1Marks, word count rage 300-500)- Describe the objectives clearly and specifically.- The objective may involve either logistics decision-making or process improvement.4. Results by using application of logistics and SCM concepts/tools that applied (1Mark)- Describe what specific logistics and Supply Chain Management concepts/tools be applied to achieve the objective. This section should make it clear that you understand the concepts/tools you are about to use.5. References (1 Marks)Note: The Answer should be of each point in the range of 300 to- 500 word counts.Each point carrying 1 Mark.Use APA style of referencing
Logistics performance priorities are essential for companies to achieve their objectives and maintain a competitive advantage in the market. In this assignment, we will be discussing the logistics performance priorities of a low fare airline, FLYNAS.
The company's main objective is to provide affordable and efficient air travel services to its customers. To achieve this objective, the company has implemented various Logistics and Supply Chain Management concepts/tools such as supply chain optimization, inventory management, and lean operations.
FLYNAS is a low fare airline based in Saudi Arabia. The company was founded in 2007 and operates domestic and international flights to various destinations in the Middle East, Africa, Asia, and Europe.
The main objective of FLYNAS is to provide affordable and efficient air travel services to its customers. To achieve this objective, the company needs to optimize its supply chain, manage its inventory efficiently, and implement lean operations.
To achieve its objective, FLYNAS has implemented various Logistics and Supply Chain Management concepts/tools. One of the main concepts/tools used by the company is supply chain optimization. By optimizing its supply chain, FLYNAS is able to reduce costs and improve efficiency, which helps the company to provide affordable and efficient air travel services to its customers.
Another concept/tool used by FLYNAS is inventory management. By managing its inventory efficiently, the company is able to reduce costs and improve efficiency, which helps the company to provide affordable and efficient air travel services to its customers.
Lastly, FLYNAS has implemented lean operations to improve efficiency and reduce costs. Lean operations involve eliminating waste and improving processes, which helps the company to provide affordable and efficient air travel services to its customers.
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3. Credit card rates - Introductory (teaser) rates, cash advancerates, and default rates
Interest Rates and Fees
As required by law, rates, fees, and other costs of this credit card offer are disclosed here. All account terms are governed by the Credit Card Agreement sent with the card. Account terms are not guaranteed for any period of time; all terms, including the APRs and fees, may change in accordance with the Agreement and applicable law.
Annual Percentage Rate (APR) for purchases The introductory rate (see notes below) is 2.99% until the first billing after the six-month anniversary of opening the account.
After that, your rate will be 8.99% (variable rate).
Other APRs (all other APRs are variable) Balance transfers: The introductory rate is 0% until the first billing after the six-month anniversary of the opening of the account.
After that, your rate will be 8.99%.
Cash advances: 20.99%
Default rate: 27.99% (see notes below)
Variable-rate information Your APRs may vary during each billing period. The rate for purchases and balance transfers is determined by adding 4.99% to the prime rate (see notes below). The rate for cash advances is determined by adding 16.99% to the prime rate, but such a rate will never be below 20.99%. The default is determined by adding no more than 23.99% to the prime rate.
Grace period for repayment of purchases Not less than 21 days if you pay your total new balance in full each billing period by the due date. Payment must be received by 5:00 PM on the due date. There is no grace period for balance transfers and cash advances.
Method of computing the balance Average daily balance (including new purchases)
Annual fee $35
Minimum finance charge $1.50
Miscellaneous fees Transaction fee for cash advances: 4% of the amount of the transaction but not less than $15
Transaction fee for balance transfers: 4% of the amount of the transfer but not less than $45. There is no balance transfer fee during the six-month introductory period.
Late fee: $12 on balances up to $500; $30 on balances over $500
Over-the-limit fee: $30
Bounced-check fee: $30
Notes Introductory rate: Eligibility for the introductory rate is subject to your maintaining good credit. The rate indicated in this offer is subject to change to reflect changes in the prime rate (see below) at the time of your application.
Default rate: All your APRs may increase if you default under any Card Agreement that you have with us, because you fail to make a payment to us when due, you exceed your credit limit, or you make a payment to us that is not honored. Factors considered when determining your default rate may include the length of time your account with us has been open; the existence, seriousness, and timing of defaults under any Card Agreement you have with us; or other indications of account usage and performance on this or any other account you have with us.
Prime rate: The prime rate (currently 4%) used to determine your APRs for each billing period is the U.S. prime rate published in the Wall Street Journal two business days prior to the billing date for that billing period.
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This credit account carries a temporary low introductory rate (teaser rate) of ___ %. This teaser APR applies to purchases made within the first ____ months that the account is open. After this introductory period, the APR for purchases reverts to a higher variable APR. This regular APR for purchases is calculated by adding _____% to the U.S. prime rate (assumed to be 4% in the disclosure). Therefore, if the U.S. prime rate remains at 4%, then the regular APR for purchases is ____%.
For balance transfers, the introductory (teaser) APR is ____%. But after the introductory period, the APR for balance transfers reverts to the higher APR of __%. The regular APR for balance transfers is calculated by adding ____% to the prime rate (assumed to be 4%).
This account does not have an introductory (teaser) APR for cash advances. For cash advances, the APR is calculated by adding ____% to the U.S. prime rate (cited at 4% in the disclosure). Therefore, variable APR for cash advances is at least _____%.
These introductory and regular rates apply as long as you have not defaulted on any terms of the account. To receive these rates, you must make no late payments, you must not exceed your credit limit, and your payment checks must not bounce. If you fail to meet any of these terms, then you will be charged at the much higher default rate. According to the disclosure, the default rate is calculated by adding _____% to the U.S. prime rate (cited at 4% in the disclosure). Therefore, if you assume a prime rate of 4%, then the variable default rate is ______%.
The credit card offer includes introductory (teaser) rates for purchases and balance transfers, as well as regular rates for purchases, balance transfers, cash advances, and a default rate. The introductory rates are temporary and apply for a limited time, after which the regular rates apply.
The regular rates are variable and are calculated by adding a certain percentage to the U.S. prime rate, which is assumed to be 4% in the disclosure. The default rate is also variable and is calculated by adding a certain percentage to the U.S. prime rate, but it is much higher than the regular rates and applies if you fail to meet any of the terms of the account, such as making late payments, exceeding your credit limit, or having your payment checks bounce.
The credit card offer also includes various fees, such as an annual fee, a minimum finance charge, and transaction fees for cash advances and balance transfers. The credit card offer is subject to change and is governed by the Credit Card Agreement sent with the card.
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Medan, July 23rd 2017
Mr. Scott Stone
Owner of Stone’s Burgers and Grill
Perum Majapahit Baru Kav. 25D, Kebun Arca
Medan
Dear Sir.
With this letter, I would like to apply in your restaurant as Head Chef. I get the information from your restaurant and noticed that your restaurant is looking for a new head chef, I am a professional chef with years of experience in numerous restaurants, I consider myself to be fit and proper for the job.
My name is Andi Johan. I am thirty two years old. I graduated from Prince Jhon International Culinary School in Birmingham, United Kingdom in 2007. I have worked as chef in several different restaurants, both in the UK and in Indonesia. I specialize in Western cuisine, fusion cuisine and Mediterranean cuisine as well.
I have bean in position as head chef before and I am excellent at running a kitchen and lead a team. Beside of that, I also have the skill to communicate in Bahasa Indonesia, English, French, and a little bit of Italian.
With my education background and my previous experience as chef, I am confident that I am suitable for the head chef position for your restaurant. I have read about your restaurant at a glance and the menu served there are exactly in my specialty.
Herewith the letter, I enclose my resume and some other documents to explain my qualifications in more detail.
I am thrilled if I can join your restaurant and I have such a high hope for that. I am looking forward to hearing from you soon.
Sincerely,
Andi Johan
What is the similar meaning of ‘looking forward’?
- Waiting
- Asking
- Applying
- Seeking
- Reading
The similar meaning of "looking forward" is "Waiting." The correct answer is first option "Waiting".
This phrase is commonly used to express anticipation or excitement for something that is going to happen in the future. In the context of the letter, Andi Johan is "looking forward" to hearing from Mr. Scott Stone about the head chef position, meaning he is waiting for a response.
Waiting for something increases the excitement and eagerness for that particular thing. Here Andi is waiting and is eager to know the response of Mr. Scott Stone about the head chef position.
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Part B.- Please explain why language is often a cause of miscommunication across cultures.- Think of the diverse internal business environments - What can international managers do to minimize communication problems that stem from language difference? Please provide examples of strategies to overcome common barriers to effective communication in the contemporary organisational context. Here you will need to act as a consultant and suggest ways for international managers to deal with communication issues that stem from language difference.- Reflect on your own experience when possible. Do not forget to mention the contemporary organisational context. How the current pandemic and online work affected communication?
Language is often a cause of miscommunication across cultures because different cultures have different ways of expressing ideas, thoughts, and emotions. For example, certain words or phrases may have different meanings in different cultures, which can lead to confusion and misunderstandings. Additionally, cultural norms and values can influence how people communicate and interpret messages, which can also lead to miscommunication.
To minimize communication problems that stem from language differences, international managers can implement a variety of strategies. One strategy is to provide language training for employees to help them better understand and communicate with people from different cultures. Another strategy is to use simple, clear language and avoid using idioms or colloquial expressions that may be unfamiliar to people from different cultures. Managers can also use visual aids, such as diagrams or pictures, to help convey information more clearly.
In the contemporary organizational context, the current pandemic and online work have created new communication challenges. For example, remote work has made it more difficult to read nonverbal cues, such as facial expressions and body language, which can lead to misunderstandings. To address these challenges, managers can use video conferencing tools to facilitate face-to-face communication and provide regular feedback to employees to ensure that they understand the information being conveyed. Additionally, managers can encourage open and honest communication among team members to help prevent misunderstandings and build trust.
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Prepare a financial plan and budget for a person whose financial goal is to buy a car worth Rs. 10 lakhs. His details are as follows:
Monthly salary Rs. 50,000. Suggest a plan How many years are required to fulfill his goal?
Show the breakup much he has to save/invest every month?
Also suggest to him some investment plans to arrange money to meet his goal
Explanation:
Question 9 (1 point) An all-equity corporation has an expected EBIT of $600,000, which it expects to earn in perpetuity. The corporate tax rate is 45%. The company's unlevered cost of equity is 10% and cost of debt is 7%. The company is planning on issuing $2,400,000 of debt and using the proceeds to buy back its shares at the current market value. Assuming that there are no other market imperfections other than taxes, what will be the required rate of return on the company's equity after the restructuring is completed?
A) 12.89%
B) 11.99%
C) 12.31%
D) 13.64%
E) 11.45%
The correct option is C.12.31%.The required rate of return on the company's equity after the restructuring is completed will be 12.31%.
To find this, we can use the following formula:
Re = Ru + (Ru - Rd)(D/E)(1 - T)
Where:
Re = required rate of return on equity
Ru = unlevered cost of equity
Rd = cost of debt
D = debt
E = equity
T = corporate tax rate
Plugging in the given values:
Re = 0.10 + (0.10 - 0.07)(2,400,000/E)(1 - 0.45)
Solving for E:
E = 2,400,000/(0.10 - 0.07)(1 - 0.45) = 8,727,272.73
Plugging this back into the formula:
Re = 0.10 + (0.10 - 0.07)(2,400,000/8,727,272.73)(1 - 0.45) = 0.1231
Converting this to a percentage:
Re = 12.31%
Therefore, the required rate of return on the company's equity after the restructuring is completed is 12.31%, or option C.
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Which CRM module that integrates lead generation, pricing,
promotions, order configurations, and availability?
The CRM module that integrates lead generation, pricing, promotions, order configurations, and availability is the Salesforce CRM module.
Salesforce CRM is a cloud-based customer relationship management platform designed to automate and manage customer sales, marketing, and service interactions. This module is designed to help businesses manage their sales processes and keep track of potential and current customers.
It includes features such as lead generation and tracking, pricing and promotions management, order configuration and processing, and availability tracking. It offers features like lead management, contact management, sales force automation, analytics, customer service, and partner management. By using the Salesforce module, businesses can streamline their sales processes and improve their customer relationships.
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1. What is the distinction between power and influence?
2. Miner says there are several intentions that are associated with the motivation to manage. What are they?
3. Explain the term values. How are they formed?
4. Provide three examples of ethical dilemmas. Explain how this relates to leadership.
5. Identify and explain the various forms of power.
6. What is implicit prejudice? How might it be overcome?
7. What are Kidder's principles of ethical choices?
8. What is authentic leadership? How do you model this ideology?
9. Identify and explain four types of influence styles.
10. What is an ethical climate? Identify three ways in which a leader can do this setting in their work team.
1. Power is the ability to control others, while influence is the ability to affect others' behaviors, thoughts, or decisions.
2. Miner's intentions associated with the motivation to manage include the need for power, the need for achievement, and the need for affiliation.
3. Values are the beliefs, principles, or standards that guide a person's behavior.
4. Three examples of ethical dilemmas include: deciding between loyalty to an employer , choosing between personal gain and doing the right thing, and balancing the needs of the company .
5. The various forms of power include legitimate power , reward power coercive power , expert power, and referent power .
6. Implicit prejudice is an unconscious bias towards a particular group or individual.
7. Kidder's principles of ethical choices include the ends-based principle (focusing on the consequences of an action), the rule-based principle (following rules or laws), and the care-based principle (considering the needs and well-being of others).
8. Authentic leadership is the practice of leading with honesty, integrity, and transparency.
9. The four types of influence styles include: directive , participative, supportive, achievement-oriented.
10. An ethical climate is the shared values and norms that guide ethical behavior within an organization.
They are formed through personal experiences, family and cultural background, and societal influences.
A leader can create an ethical climate by modeling ethical behavior, promoting open communication, and holding everyone accountable for their actions.
The four types of influence styles include: directive (using authority or control), participative (seeking input and collaboration), supportive (showing care and concern), and achievement-oriented (setting high expectations and encouraging excellence).
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