A trust established by your will that becomes effective upon your death is called a(n) ____________ trust.
testamentary
living
irrevocable
revocable
Answer:
testamentary trust is the answer.
Answer: hello, your answer would be TESTAMENTARY
Explanation:
i just finished the test and got it right
please help me i cant solve this :(
Answer: 25% is your answer
Explanation: (Simplify) 150/600 = 0.25 = 25%
I hope this helps! :)
Do you think percentage gains
would get more varied or less
varied if you added additional
mutual funds to your portfolio?
Kentucky Fried Chicken (KFC) and MacDonalds are good examples of companies that engage in international franchising arrangements. Discuss why the KFC franchise in Ghana is such a great idea for the parent firm KFC in the United States of America, [5 MARKS]
Kentucky Fried Chicken (KFC) and MacDonalds are good examples of companies that engage in international franchising arrangements.
Discuss why the KFC franchise in Ghana is such a great idea for the parent firm KFC in the United States of America.Kentucky Fried Chicken (KFC) is the world's most renowned fast-food franchise, and it has now extended its operations to Ghana.
The parent firm, KFC in the United States of America, has done the right thing by franchising in Ghana for the following reasons:
1. Ghana's economic potential: Ghana's economy has shown incredible growth potential over the years, making it one of the most rapidly growing economies in Africa. As a result, there is a high demand for fast food and other consumer goods. The parent firm KFC in the United States of America, recognizes that Ghana is a fertile market for investment.
2. Opportunity for Growth: Ghana is one of the few African countries that have an established middle class, which has a substantial demand for Western food and beverages. The franchise in Ghana, thus, represents an excellent opportunity for KFC to grow and capture market share.
3. Competitive edge: KFC is one of the most recognized fast-food franchises globally, and it has an established presence in many countries worldwide. The franchise in Ghana gives the parent firm KFC in the United States of America a competitive advantage in the West African region over rival fast-food chains who have yet to establish a foothold.
4. Operational Efficiency: The KFC franchise in Ghana is a great idea for the parent firm KFC in the United States of America because the franchising model allows for cost-efficient operations.
The franchise in Ghana will be run by local franchisees who have a better understanding of the Ghanaian market, customer preferences, and cultural aspects. This operational efficiency ensures that the franchise maintains KFC's quality standards while being cost-efficient.
5. Revenue Growth: The KFC franchise in Ghana represents a new source of revenue for the parent firm KFC in the United States of America. The franchise is a source of royalties, franchise fees, and licensing fees, among others. This franchise model enables the parent firm KFC in the United States of America to generate income without incurring significant capital expenditures, such as building and operating its restaurants.
Therefore, the KFC franchise in Ghana is such a great idea for the parent firm KFC in the United States of America due to the reasons mentioned above.
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A sports coach running a junior coaching programme was interested in examining the differences in children's fitness performance scores across four different coaching regimes. She was particularly interested in whether the regime the child was in had a possible influence on the child's fitness performance score. She ran an ANOVA with the predictor variable 'coaching regime', which had four categories, 'Yellow group', 'Green group', 'Pink group' and 'Purple group'; the outcome variable was 'fitness performance score'. Her ANOVA had an F-statistic of 98.12 (p 0.02). How would you interpret her findings?
Answer:
A sports coach running a junior coaching programme was interested in examining the differences in children's fitness performance scores across four different coaching regimes. She was particularly interested in whether the regime the child was in had a possible influence on the child's fitness performance score. She ran an ANOVA with the predictor variable 'coaching regime', which had four categories, 'Yellow group', 'Green group', 'Pink group' and 'Purple group'; the outcome variable was 'fitness performance score'. Her ANOVA had an F-statistic of 98.12 (p 0.02). How would you interpret her findings?
Explanation:
Where do you report a stolen credit card to efta standards or pci standards
A merchant's PCI DSS compliance can be confirmed using the PCI Report on Compliance. The PCI DSS's standards and procedures were created to increase the security of credit card-based transactions and safeguard cardholder data from fraud and other unauthorized uses of their personal data.
To protect cardholders' private information and boost the security of transactions involving credit, debit, and cash cards, the Payment credit card Industry Data Security Standard (PCI DSS) is a well-known set of rules. PCI Compliance is NOT a one-time project but an ongoing practise. Merchants (the Business Owner) are in charge of overseeing the finances of their company's activities.
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Performance Assessment Task
Jrotc
This performance assessment task gives you an opportunity to document your achievement of the lesson’s competency: Demonstrate proper etiquette in social settings For this performance assessment task, you will complete the Dining-Out scenario. For this assessment you will: Read the following scenario and individually complete the information below. Be prepared to share your answers in class. The same criteria in the scoring guide below can be used to evaluate your performance of proper etiquette and manners at the annual Cadet Ball. Scenario: The annual Dining-Out is in five months. You have been asked to be a member of the Dining-Out committee. The committee plans all aspects of the Dining-Out. Complete this assignment as if you are preparing for the meeting and event. The committee will discuss invitations, table settings, receiving line protocol (guest speaker and other dignitaries), proper dress, protocol for honoring the nation, and thank you notes. 1. Invitations: Create the text for the invitation. Include all pertinent information including dress code and RSVP: Table Setting: On the back of this page, draw a picture of the appropriate table setting for the following menu: Fresh Garden Salad with Dressing Dinner Roll Tomato Soup Beef Tenderloin or Grilled Salmon New York Style Cheesecake with strawberries Iced Tea and water 2. Receiving line and other protocol: a. Who belongs on the line? b. What order should the guests stand in? c. Address the appropriate protocol for honoring the nation. d. Describe how you will greet the guest of honor(s): e. What attire should you wear? 3. Thank you notes: Create a sample thank you note to send to the guest speaker: 4. Explain your role in the annual Cadet Ball as a Year 1 Cadet: 5. Use the attached scoring guide criteria for what you need to do to complete this task. 6. Submit your completed performance assessment task and scoring guide to your instructor for evaluation and a grade.
The invitation should include the date, time, location, the dress code, RSVP deadline, and any other important relevant information such as the theme of the event.
The invitation text will be like this: You are cordially invited to attend the Annual Dining-Out hosted by the JROTC program. The event will take place on [date] at [time] at [location]. Dress code for the evening is formal attire, which includes a dress uniform or civilian formal wear.
Please RSVP by [RSVP deadline] to [contact information]. We look forward to your presence at this event.
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Retailing is composed of all of the business activities that add value to the products and services customers buy. This includes:
Answer: Finance, purchasing, accounting, suppying
Explanation:
Retailing is known as a sub middleman in business that buys from the wholesaler and sells to the consumer in smaller quantity not as big as the wholesaler.
The following are activities of the retailer, although it might not be all followed by many retailers but depending on their ability and understanding
-Finance
-Purchasing
-Accounting
-Management Information System
-Supply management including warehouse and distribution management.
Retailing consists of a wide range of business activities that together add value to the products and services that customers buy. These activities are key to meeting customer needs and ensuring a smooth and satisfying shopping experience. Some of the key components of retail include:
1. Merchandising: Retailers engage in merchandising activities to prepare and present a diverse range of products and services to customers. This includes selecting, sourcing, pricing and displaying merchandise in a way that appeals to the target market.
2. Inventory Management: Retailers are responsible for managing inventory levels to ensure product availability to meet customer demand. This includes forecasting demand, optimizing inventory turnover and implementing efficient replenishment processes.
3. Store Operations: Day-to-day retail store operations include activities such as store layout and design, staffing, customer service, sales management, and security. These activities are essential to creating a pleasant and customer-friendly environment.
4. Marketing and Promotion: Retailers use various marketing strategies and promotional activities to attract customers, build brand awareness and promote sales. This includes advertising, public relations, social media marketing, loyalty programs and sales promotion.
5. E-commerce and Omni-channel retailing: With the rise of online shopping, retailers are engaging in e-commerce activities to provide convenience to customers in purchasing products online. They also adopt omnichannel strategies to integrate online and offline channels to create a seamless shopping experience.
6. Supply Chain Management: Retailers work closely with suppliers and distributors to ensure the efficient movement of products from manufacturers to stores or customers. Effective supply chain management includes logistics, warehousing, transportation and order fulfillment.
7. Customer Relationship Management (CRM): Retailers focus on building and maintaining strong relationships with customers through personalized service, loyalty programs and targeted marketing efforts. CRM helps retailers understand customer preferences, behavior and buying patterns.
Overall, retailing encompasses a complex set of activities aimed at delivering value to customers and promoting business success. It involves the integration of various features and strategies to create a positive and engaging retail experience for customers.
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Modern Corporation (Modern) is in the business of manufacturing furniture. Because the industry has matured, Modern is considering adding a new product line, manufacturing plastic products such as cases for compact discs. No director will have a personal interest in the decision to expand into those lines. (20%) To avoid liability for making a poor decision, what standard of conduct should Modern's board of directors comply with? What must the board do to comply with that standard? Discuss fully.
The business of manufacturing furniture is what Modern Corporation is into. The industry is matured, which is why Modern is thinking of adding a new product line by manufacturing plastic products such as cases for compact discs.
For avoiding liability for a bad decision, the board of directors of Modern Corporation should follow the standard of conduct. To know more about it, read on.
The board of directors should follow the "Business Judgment Rule." It is a lawful standard of conduct and decision-making power for board members of the company that was established under American corporate law.
The business judgment rule is a principle that prevents the courts from reviewing decisions made by directors of companies in good faith, who have no personal interest in the subject matter and who are informed of the facts related to the decision.
The business judgment rule is intended to safeguard and encourage informed, rational, and good faith decision-making by board members of companies.The board should comply with the following principles to comply with the business judgment rule:
1. Directors must act with due care. They are obliged to act in a way that is both rational and informed. Before making a decision, they must be adequately informed, which means they must obtain all of the necessary information from trustworthy sources to make an informed decision.
2. Directors must act with loyalty. They must place the company's interests ahead of their own interests. Directors must not have a personal interest in the subject of their decision and must not use their position to profit personally.
3. The decisions should be based on a good faith judgment. They must be acting in the best interests of the corporation as a whole while making choices.
They must use their experience and knowledge in a way that is good faith and fair to the company. They must honestly believe that their decision is in the best interests of the corporation as a whole, and they must be able to defend it with reason.
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The owner of a bike shop would like to analyze the sales data to determine if the business is growing, declining, or remaining flat. The owner has the following data:
Sales Revenue Last Year =$125,000
Sales Revenue Current Year = $150, 000
What is the Sales Growth?
Do not forget to type the % symbol after multiplying your result by 100 to convert to percentage!
Hint: Your answer will NOT have decimal point.
Example: 75%
During some year a country had exports of $50 billion, imports of $70 billion, and domestic investment of $100 billion. what was its saving during the year?
Savings = Investment +Net exports ( where Net export = Export - Imports)
= 100 + 50-70
= $80 billion
Imports are goods and services purchased from the rest of the world by residents of a country rather than domestically produced items. Exports are goods and services produced in the United States but sold to customers in other countries.
Total imports and total exports are critical components in calculating a country's GDP. They are categorized as "Net Exports." Net exports are calculated by subtracting the total value of a country's exports from the total value of its imports. A trade surplus is indicated by a positive net exports figure.
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The Discount Rate is equal to 1% and the Fed Funds Rate is equal to .5%
At what rate would banks be able to borrow from each other's reserve balances?
Harry and Hanson were partners in a firm sharing profits and losses in the ratio 3:2. Their capital was $300,000 and $150,000 respectively and they were entitled to interest on capital of 25% per annum. At the end of the firm's financial year December 31, 2019, the firm earned profit of $180,000 after allowing for interest on capital. Given this information, the profits that will be distributed among the partners will be:
Answer:
JOURNAL
1. Cash a/c... Dr. 350000
To C's Capital a/c 200000
To Premium for Goodwill a/c 150000
(Being capital and premium for goodwill brought in by C)
2. Premium for Goodwill a/c... Dr. 150000
To A's Capital a/c 110000
To B's Capital a/c 40000
(Being premium for goodwill distributed among the partners in the ratio of 11:4)
3. A's Capital a/c.... Dr. 55000
B's Capital a/c.... Dr. 20000
To Cash a/c 75000
(Being half of the premium for goodwill withdrawn by the partners)
Calculation of sacrificing ratio:
A's sacrifice= 3/5- 2/7= 11/35
B's sacrifice= 2/5- 2/7= 4/35
Sacrificing ratio= 11:4
Based on the information given the profits that will be distributed among the partners will be: Harry $108,000; Hanson $72,000.
Given:
Profits and losses sharing ratio=3:2
Profit earned=$180,000
Hence:
Profit sharing
Harry Profit=3/(3+2)×$180,000
Harry Profit=3/5×$180,000
Harry Profit=$108,000
Hanson Profit=2/(3+2)×$180,000
Hanson Profit=2/5×$180,000
Hanson Profit=$72,000
Inconclusion the profits that will be distributed among the partners will be: Harry $108,000; Hanson $72,000.
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Simplify (\mathbf{s} \vee{W}) \wedge \neg(\neg{s} \wedge{W}) to {S} 1. Select a law from the right to apply (S \vee W) \wedge \neg(\neg S \wedge W)
The given expression is :
\($$(s \vee W) \wedge \neg(\neg s \wedge W)$$\)
We will simplify this expression to S. Using the De Morgan's Laws, we have:\($$\neg(\neg s \wedge W)\)
= \((\neg \neg s) \vee \neg W$$ $$\Rightarrow s \vee \neg W$$\)
Thus, the given expression becomes:
\($$\begin{aligned}(s \vee W) \wedge (s \vee \neg W) = s \vee (W \wedge \neg W) \\ &= s \vee F \\ &= S\end{aligned}$$\)
Thus, the simplified expression is S.
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Provide one word or term for the following: 1.1. A specific amount the insured has to pay every time a claim is made. (2)
Answer: Deductible! Good Luck !
explain external economics and external diseconomics
Answer:
If the social cost of an activity exceeds the costs relevant to the decision makers in the activity , there is an external diseconomy . If the benefits of an activity exceed its marginal cost , there is an external economy .
Explanation:
Thaats whaaat upp
Explanation:
If the social cost of an activity exceeds the costs relevant to the decision makers in the activity, there is an external diseconomy. If the benefits of an activity exceed its marginal cost, there is an external economy.
According to Germany, which EU member grossly overspent during the European Debt Crisis? Group of answer choices. France. Switzerland. Greece. Austria.
According to Germany, Greece grossly overspent during the European Debt Crisis. Then correct answer is C.
During the European Debt Crisis, which began in 2008, several EU member states experienced financial difficulties as a result of high levels of government debt and economic imbalances. Greece was one of the countries that was hit particularly hard by the crisis.
Germany, as one of the largest economies in the EU, played a significant role in efforts to address the crisis. It was a key participant in bailout negotiations and was often critical of the policies of other EU member states that it felt were contributing to the crisis.
In particular, Germany was highly critical of Greece's fiscal policies and accused the Greek government of overspending and failing to implement necessary economic reforms. Germany was one of the main proponents of austerity measures in response to the crisis, which included reducing government spending and increasing taxes in order to reduce debt levels. These measures were unpopular in Greece and contributed to social and political unrest.
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What is hegemony, and how do theorists differ in their views regarding the strategies and motives of hegemonic states? Is a hegemon necessary to create and maintain open, stable economic regimes?
What aspects of North-South relations are of most and least, interest to realists?
Hegemony refers to a state that is capable of imposing its interests and values on the international system. Hegemony enables a state to leverage its power to compel other states to either comply or face repercussions.
Theorists vary in their views concerning the strategies and motives of hegemonic states. Some theorists assert that the goal of a hegemon is to create and maintain a liberal international economic system, while others believe that the primary aim of a hegemon is to maximize its power and security. On the one hand, liberals claim that a hegemon is necessary to establish and maintain open and stable economic regimes. The reason for this is that the leading state provides public goods like economic stability and military security. Theorists believe that a powerful state is essential to keep the global economy running smoothly, which is critical for all states' welfare. However, the realists challenge this idea.
They claim that a hegemon's motives are driven by its self-interest. Hence, powerful states are more likely to undermine free trade and exploit smaller and weaker states to maintain their economic and military power.North-South relations refer to the relationship between developed and developing countries. This relationship has sparked a lot of interest from realists. The aspects of North-South relations that are of the most interest to realists are the unequal exchange between the two sides, power asymmetry, and the politics of dependency. They believe that the power difference enables developed countries to exploit their counterparts' resources and labor. As such, realists argue that the relationship between developed and developing nations is not based on mutual cooperation, but rather it is exploitative.
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Most real estate agencies are created by what?
c. Provide a scenario, for the best date you can hit and the financial impact of hitting the next date you advise. If you can not hit the 1/1/2022 date, explain what workstreams are constrained that prevent you from hitting that date.
In a supply chain, the constraint that prevent one from meeting deadline includes scope, cost, and time.
What is a workstream?In the supply management context, this refers to the areas of activity into which a company's business may be divided.
Hence, its extends to or seen as the completion of tasks carried out by different people or teams on a product or project.
Generally, in a supply chain, the constraint that prevent one from meeting deadline includes scope, cost, and time.
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other things constant, how will an increase in the wages of teenagers affect the market for fast food hamburgers?
With all else remaining constant, a rise in teens' income will have an impact on the market for fast food hamburgers by increasing the supply and lowering the cost of hamburgers.
How does the pricing change when the supply increases?While all other factors remain constant, an increase in supply will cause the equilibrium price to fall while increasing the amount required. Due to a decrease in supply, the amount sought will decrease, raising the equilibrium price.
When demand is constant, the connection between prices and supply for products and services is inverse. When the supply of those goods and services increases while the demand for those goods and services remains constant, prices frequently decline to a lower equilibrium price and a larger equilibrium quantity of those products and services.
When the cost is reduced, what happens to supply?A price increase almost invariably leads to the delivery of more of that good or service, whereas a price decrease typically results in the delivery of less of it.
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Bob's Chocolate Chips and More, a bakery specializing in gourmet pizze and chocolate chip cookies started business October 1, 201 The following transactions occurred during the month of October
a. Common stock of $90.000 was sold et par to start the business
b. Equipment consisting of mixers and ovens was acquired October 1 for $30,000 cash. The equipment is expected to last five years. after which it is expected to be sold for $5,000 Management uses the straight-line method to calculate depreciation expense
c. Ingredients costing $15,000 were purchased on account during the month and all but $5,000 was paid for by the end of the month
d. Rent is $500 a month October, November, and Decembers rent was paid October 5
e. A payment of $800 for utilities was made during the month.
f. Sixty percent of the ingredients purchased in partc were prepared and sold for $35,000 on account, $26,000 was collected on accounts receivable during the month
g. Weges of $5.200 were paid during the month. Moreover, wages for the lest three days of the month amounted to $400 and will be paid during the first week of November
h. Borrowed $12,000 from the bank for additional working capital requirements and $3.000 was repaid by month-end. Interest on the unpaid loen belence amounted to $450 at the end of October and was paid on November 5
Required:
Prepare the required journal entries and adjusting entres as well as an October income statement and a balance sheet as of October 31, 20xt for Boo's Chocolete Chips and More (Hint You may want to consider using T-accounts to classify and accumulate the preceding transactions before preparing the statements)
To prepare the required journal entries, we need to analyze each transaction.
Common stock: Debit Cash $90,000 and Credit Common Stock $90,000.
Equipment acquisition: Debit Equipment $30,000 and Credit Cash $30,000.
Ingredients purchased: Debit Ingredients $15,000 and Credit Accounts Payable $15,000.
Rent payment: Debit Rent Expense $1,500 (3 months x $500) and Credit Cash $1,500.
Utilities payment: Debit Utilities Expense $800 and Credit Cash $800.
Ingredients prepared and sold: Debit Cost of Goods Sold $9,000 (60% x $15,000) and Credit Ingredients $9,000.
Wages paid: Debit Wages Expense $5,200 and Credit Cash $5,200.
Loan and interest: Debit Cash $9,450 ($12,000 - $3,000 + $450) and Credit Notes Payable $12,000, and Debit Interest Expense $450 and Credit Cash $450.
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What was the main theme of the Stanford Prison Experiment?
The Stanford Prison Experiment is often cited as proof of the atavistic tendencies that exist in all of us and that, with the right amount of provocation, we could all become despots.
The Stanford Prison Experiment is often cited as proof of the atavistic tendencies that exist in all of us and that, with the right amount of provocation, we could all become despots.
Less than ten years prior, the Milgram obedience study had demonstrated that common people were willing to shock their fellow citizens with electricity they believed to be painful and possibly fatal levels if they were encouraged to do so by a higher authority. The Stanford experiment, which showed how easily common people could become ruthless oppressors if given too much power, was seen by many as underscoring those conclusions.
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in 10000 independent tosses of a coin, the coin landed on heads 5800 times. is it reasonable to assume that the coin is not fair? explain.
Based on the outcome of 5,800 heads out of 10,000 independent tosses, it is reasonable to suspect that the coin may not be fair.
When analyzing the fairness of a coin, one would expect an approximately equal number of heads and tails over a large number of independent tosses. In this case, out of 10,000 tosses, the coin landed on heads 5,800 times. To determine if the coin is fair, we can conduct a hypothesis test using statistical methods.
Using a significance level (commonly denoted as alpha), we can set a threshold for the likelihood of obtaining a result as extreme as 5,800 heads if the coin were fair. If the probability of such an extreme result is low (typically less than 5% or 1%), we would reject the assumption that the coin is fair.
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Section three of a business plan describes which of the following?
A. Business description and analysis
B. Organization and marketing plan
C. Financial plan
D. Promotional activities
Answer:
B. organization and marketing plan
Section three of a business plan describes Organization and marketing plan. Thus option B is correct.
What is a business plan?A business plan is an outline that describes in great depth the goals and the company's goals. A business plan outlines a documented strategy for the company's operations, finances, and branding.
Management and marketing strategy are covered in Section 3 of a marketing strategy. a statement of your company and the particular customer issue you are solving, so the reader knows what you are attempting to accomplish.
The process of determining a company's purpose for being, identifying objectives targeted at attaining its maximum capabilities, and developing progressively distinct duties to achieve those objectives is known as organizational planning.
Therefore, option B is the correct option.
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There is a bond that has a quoted price of 110.547 and a par value of $2,000. The coupon rate is 7.05 percent and the bond matures in 19 years. If the bond makes semiannual coupon payments, what is the YTM of the bond?
Answer:
the YTM of the bond is 127.55 %
Explanation:
The YTM of the bond is the Market return that similar Bond Holders expect from the bond.
This can be calculated using a Financial calculator as :
PV = - $ 110.547
FV = $2,000
PMT = $2,000 x 7.05 % x 1/2 = $70.50
N = 19 x 2 = 38
P/yr = 2
YTM = ???
Therefore, the YTM of the bond is 127.55 %
After buying some lumber from your local home supply store, you realize that you need to attach a red flag from the end of the lumber because it is hanging out behind your vehicle at least ____ feet.
Answer: After buying some lumber from your local home supply store, you realize that you need to attach a red flag from the end of the lumber because it is hanging out behind your vehicle at least __4__ feet.
After buying some lumber from a local home supply store, we need to attach a red flag from the end of the lumber because it is hanging out behind my vehicle at least 4 feet.
What is lumber?Lumber is wood that has been processed into dimensional lumber, including beams and planks or boards, a stage in the process of wood production. It is mainly used for construction framing, as well as finishing floors, wall panels, and window frames.
Lumber is not only used not only for building homes but also for many other reasons. Lumber is sometimes referred to as in England, while in most parts of the world especially in the United States and Canada the term timber refers specifically to unprocessed wood fibre, such as cut logs or standing trees that have yet to be cut.
Rough lumber is the raw material for furniture-making and the manufacture of other items requiring cutting and shaping.
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The Age Discrimination in Employment Act of 1967 prohibits discrimination against employees aged _______ and older. Group of answer choices a. 21 b. 39 c. 40 d. 41 e. 65
The Age Discrimination in Employment Act of 1967 prohibits discrimination against employees aged
C. 40What is Age Discrimination in Employment Act of 1967?This refers to the government policy where there is the protection for people aged 40 and older from being discriminated and prevented employment.
With this in mind, we can see that this Act was enacted in 1967 in order to encourage the employment of older people who were previously rejected in favor for more younger people.
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Based on the question above, the correct answer goes thus:
c. 40The ADEA prohibits employment discrimination against persons 40 years of age or older.
In conclusion, we can conclude that the correct answer is 40
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The _____ property determines the order in which each control receives the focus
The tabindex property determines the order in which each control will receives the focus.
The tabIndex property is an integer value that can be set on controls in a user interface, such as text boxes, buttons, and other input elements. Controls with a lower tabindex value receive focus first when the user will navigates through the interface using the Tab key or the other input methods.
By setting the tabIndex property on controls, developers can control the order in which users will interact with the interface, which can help improve the usability as well as accessibility of an application or the website.
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how did Suzy Batiz failures set her up for success?
Answer:
I'm not sure
Explanation:
Not enough explanation.