Answer:
$60,473
Explanation:
The question is asking to determine the future value.
FV = A × annuity factor
Annuity factor = { [(1+r) ^n] - 1 } / r
FV = Future value
A = amount
R = interest rate
N = number of years
{[(1 + 0.039)^43 ] - 1 } / 0.039 = 107.221939
$564 x 107.221939 = $60,473.17
I hope my answer helps you
You are 25 years old and are considering full-time study for an MBA degree. Tuition and other direct costs will be $60,000 per year for two years. In addition, you will have to give up your current job that has a salary of $50,000 per year. Assume tuition is paid and salary received at the end of each year. By how much does your salary have to increase (in real terms) as a result of getting your MBA degree to justify the investment? Assume a real interest rate of 2% per year, ignore taxes, assume that the salaries for both jobs increase at the rate of inflation (i.e. they stay constant in real terms), and that you retire at 65. Note: the $1 for T periods annuity formula is (1/r)*[1-1/(1+r)^T]. g
Answer:
$8,403.73
Explanation:
The job will be started at the age of 27 ( 25 years + 2 years ) and retirement will be at the age of 65.
Hence the employment years are 38 years ( 65- 27 ).
Cost of MBA program = Direct cost + Opportunity cost = $60,000 + $50,000 = $110,000
At the age of 27, the total cost of the program will be
Total Cost of MBA program = Cost of program in first year + Cost of program in last year = $110,000 + ( $110,000 x ( 1 + 2% ) ) = $110,000 + $112,200 = $222,200
Use the following formula to calculate teh required salary
Calculate the annuity factor
Annuity factor = (1/r)*[1-1/(1+r)^T] = (1/2%)*[1-1/(1+2%)^38] = 26.440640602064
Now use the following formula to calculate the required salary
Required salary = Total cost of MBA program / Annuity factor for 38 years at 2% = $222,200 / 26.440640602064 = $8,403.73
James is in a class at high school that his regular teachers teach. When he graduates, he plans on enrolling in the local community college, which will transfer some of the classes that he took while in high school. Why can he do this?
Answer:
The answer is his that his high school is partitapating in dual credit.
Explanation:
Articulation refers to transferring credits between post secondary institutions, college to college, not HS to college. So it cannot be answer D. The others cannot be right, because if he plans to do it and the question is asking for the reason why he CAN do this, then answers A and C aren't correct.
Answer:
Its D. His community college takes articulated credits
Explanation:
I AM SO FRUSTRATED RIGH NOW! I WANT TO CANCEL YOUR SERVICE IMMEDIATELY!!! I AM CONTACTING THE BETTER BUSINESS BUREAU, THIS IS BS. THERE IS NO OPTION TO CAN EL
Answer:
are u ok?
Explanation:
Haulsee Inc. builds 800,000 golf carts a year and purchases the electronic motors for these carts for $370 each. Ordering costs are $540, and Haulsee's inventory carrying costs average 14% of the inventory value.
What is the economic order quantity (EOQ) for Haulsee?
Answer:
4,084
Explanation:
Calculation to determine the economic order quantity (EOQ) for Haulsee
Using this formula
Economic Order Quantity (EOQ) =((2* Annual Requirement * Cost per order)/Carrying cost per unit)^ (1/2)
Let plug in the formula
Economic Order Quantity (EOQ) = ((2*800,000*540)/(370*14%))^(1/2)
Economic Order Quantity (EOQ) = 4,084 units
Therefore the economic order quantity (EOQ) for Haulsee is 4,084 units
France Corp sells small laptops. Based on the information below, calculate the sales required in units to earn the target profit.You must show your work to receive credit. Selling price per unit $150 Variable cost per unit $60 Fixed Costs per year $30,000 Target Profit $15,000
Answer:The answer is to sell 300 units to make $15,000 in proft
Explanation: add $30,000 and $15,000 then divide the sum of that with 150 to get how many units are needed to solve.
In its first year of operations, Pharoah Company recognized $34,000 in service revenue, $8,100 of which was on account and still outstanding at year-end. The remaining $25,900 was received in cash from customers. The company incurred operating expenses of $17,100. Of these expenses, $12,940 were paid in cash; $4,160 was still owed on account at year-end. In addition, Pharoah prepaid $2,780 for insurance coverage that would not be used until the second year of operations.
Calculate the first year’s net earnings under the cash basis of accounting, and the first year’s net earnings under the accrual basis of accounting.
Cash Basis Accrual Basis
Net Income $enter net income in dollars $enter net income in dollars
Answer:
Cash Basis =$10,180
Accrual Basis=$16,900
Explanation:
Calculation for the net earnings under the cash basis and accrual basis of accounting
CASH BASIS
Cash Basis: $25,900 - $12,940 -$2,780
Cash Basis =$10,180
ACCRUAL BASIS
Accrual Basis: $34,000 - $17,100
Accrual Basis=$16,900
Therefore the net earnings under the cash basis and accrual basis of accounting are:
Cash Basis =$10,180
Accrual Basis=$16,900
At www.daveramsey.com’s Financial Peace University (FPU), Dave recommends Seven Baby Steps. One of these steps is “Pay off debt using the debt snowball.” After graduating from FPU, Courtney Lopez-Munoz is trying to calculate the effective interest rate she is paying for a $1,789 simple discount note at 5.25% for 15 months. What rate has she been paying?
The effective interest rate Courtney Lopez-Munoz has been paying for the $1,789 simple discount note at 5.25% for 15 months is 6.62%.
What is effective interest rate ?Generally, The effective interest rate is the rate of interest that is actually earned or paid on a loan, investment or deposit after taking into account compounding.
It is used to compare different investments or loans that have different interest rates and compounding periods.
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Changes in the market environment impact _____
how competitive the marketplace is
how many offerings are available
how many marketing communication channels are used
how consumers behave
Changes in the market environment impact how competitive the marketplace is, how many offerings are available, how many marketing communication channels are used, and how consumers behave.
Aspects of the business landscape are significantly impacted by changes in the market environment. First and foremost, they have an impact on the level of market competition because changes in variables like technology, rules, and consumer preferences can affect how businesses compete with one another.
Changes in the market environment can also have an impact on the variety and range of goods and services that are offered to customers. New technologies and trends have an impact on how businesses communicate with their target audiences through marketing channels. Last but not least changes in the market environment such as those in the economy in social trends and in technological advancements have a significant impact on consumer behavior causing changes in buying patterns and preferences.
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Exploration of how AI could be used to enhance SpaceX's 3D printing capabilities
AI will help SpaceX reduce costs and improve the quality of the 3D printed rocket parts leading to a more effective and efficient space program.
For SpaceX's 3D printing capabilities AI can be used to enhance the printing process, improve quality control, and optimize the design of rocket parts. To identify and address potential problems during the printing process. AI can analyze large datasets of quality inspection data and sensor data.
Additionally, by analyzing material data and identifying new materials that can be used in 3D printing, AI algorithms can be used to forecast when maintenance on 3D printers is necessary. The use of AI may ultimately result in a more effective space program, lower costs and better quality 3D printed rocket parts.
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Kuhn Co. is considering a new project that will require an initial investment of $45 million. It has a target capital structure of 35% debt, 2% preferred stock, and 63% common equity. Kuhn has noncallable bonds outstanding that mature in five years with a face value of $1,000, an annual coupon rate of 10%, and a market price of $1,050.76. The yield on the company’s current bonds is a good approximation of the yield on any new bonds that it issues. The company can sell shares of preferred stock that pay an annual dividend of $8 at a price of $92.25 per share. You can assume that Jordan does not incur any flotation costs when issuing debt and preferred stock. Kuhn does not have any retained earnings available to finance this project, so the firm will have to issue new common stock to help fund it. Its common stock is currently selling for $33.35 per share, and it is expected to pay a dividend of $2.78 at the end of next year. Flotation costs will represent 3% of the funds raised by issuing new common stock. The company is projected to grow at a constant rate of 9.2%, and they face a tax rate of 40%. Determine what Kuhn Company’s WACC will be for this project.
Based on the given information, the WACC for this project is 8.14%.
What is WACC?WACC stands for Weighted average cost of capital (WACC) which shows the typical after-tax cost of capital for a company from all sources.
The data given in the question is
N=15 years
FV=1,000
PV=-$1555.38
PMT=11%
CPT I/Y=5.48%%
The after-tax cost of debt calculation
After-tax cost of debt=Yield*(1-tax rate)
After-tax cost of debt=5.48%*(1-25%)
After-tax cost of debt=5.48%*75%
After-tax cost of debt=4.11%
the Cost of preferred stock
Cost of preferred stock=Dividend/Price
Cost of preferred stock=8/92.25
Cost of preferred stock=8.67%
Cost of common stock
Cost of common stock=Expected Dividend/(Price*(1-Flotation cost %))+Growth rate
Cost of common stock=2.78/(33.35*(1-8%))+5.48%
Cost of common stock=2.78/(33.35*0.92)+5.48%
Cost of common stock=(2.78/30.68)+5.48%
Cost of common stock=9.06%+5.48%
Cost of common stock=14.54%
the calculation for WACC is
WACC=58%*4.11%+6%*8.67%+36%*14.54%
WACC=8.14%
Therefore, the WACC for this project is 8.14%
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New lithographic equipment, acquired at a cost of $812,500 on March 1 of Year 1 (beginning of the fiscal year), has an estimated useful life of five years and an estimated residual value of $69,900. The manager requested information regarding the effect of alternative methods on the amount of depreciation expense each year.
On March 4 of Year 5, the equipment was sold for $119,000.
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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You are considering opening a small flower store. You anticipate that you will earn $100,000 each year in revenue. It will cost you $30,000 each year to rent the space necessary to run your business. Additionally, you will need to spend $10,000 each year on flower seeds, utilities, and other expenses necessary to operate your flower shop. You have just graduated from college with a degree in economics and have received an offer to work for a firm with a yearly salary of $70,000.
What is your anticipated economic profit of opening the flower shop?
Answer:
I'm not completely what the correct answer is
Suppose it is decided that rent control in New York City will be abolished and that market rents will now prevail. Assume that all rental units are identical and so are offered at the same rent. To address the plight of residents who may be unable to pay the market rent, an income supplement will be paid to all low income households equal to the difference between the old controlled rent and the new market rent. What effect will the elimination of the rent control have on the quantity and quality of rental housing supplied
Answer:
The effect of the elimination of the rent control on the quantity and quality of rental housing supplied in New York City is:
increased quantity and quality of supplied rental housing.
Explanation:
In line with the laws of demand and supply, the quantity and quality supplied of the rental housing will increase drastically in New York City once rent control is abolished. The only limiting factors will be the availability of resources, like land, labor, and capital for housing development. If these resources are abundantly available, coupled with the presence of entrepreneurs, the number of rental housing will skyrocket in a few years to the extent that the housing market in the city will overrun demand.
Competition happens when two or more businesses.
complement one another.
fight for the same benefit or gain.
work together to achieve success.
follow regulations from an agency.
Answer:
fight for the same benefit or gain
Explanation:
In business, competition refers to the rivalry among firms selling similar goods and services to the same target customers. Each company aims to out-do others by generating more revenues, profits, or acquiring a bigger market share.
Competition in the market challenges businesses to be creative and innovative to increase their sales volume. The competition is in price, quality, raw materials, location, sales, and virtually every business aspect. Enterprises will fight to get a better share of the gains associated with doing business.
Business Statistics
Please refer attached. Answer all questions
1) The standard deviation for the given data is 2.91 minutes.
2) The mean speed of the cars is 74.75 km/h, which represents the average speed of all the cars that passed through the toll booth. The median speed is 75-79 km/h, which is the speed that divides the speed data into two equal halves. The mode speed is also 75-79 km/h, which is the most frequently occurring speed.
What is the explanation for the above response?
1) To find the standard deviation, we need to follow these steps:
Find the mean:
Calculate the deviation from the mean for each valueSquare each deviation from the meanFind the sum of the squared deviationsDivide the sum by the number of values minus oneTake the square root of the resultUsing this formula, we get:
Mean = (2*7 + 7*12 + 9*17 + 3*22)/20 = 14.9
Deviation from the mean:
5-9: -9.9
10-14: -2.9
15-19: 2.1
20-24: 7.1
Squared deviation from the mean:
5-9: 98.01
10-14: 8.41
15-19: 4.41
20-24: 50.41
Sum of squared deviations: 161.24
Variance = 161.24 / 19 = 8.49
Standard deviation = √(8.49) = 2.91
Therefore, the standard deviation for the given data is 2.91 minutes.
2) To find the mean, we need to multiply each speed value by its corresponding frequency, add up the products, and then divide by the total frequency. Using this formula, we get:
Mean = (8*62 + 14*67 + 18*72 + 40*77 + 30*82 + 10*87)/120
= 74.75
Therefore, the mean speed of the cars is 74.75 km/h.
To find the median, we need to arrange the speed values in order and find the middle value. If there are an even number of values, we take the average of the two middle values. Using this method, we get:
Arranged speeds: 60-64, 60-64, 60-64, 60-64, 60-64, 60-64, 60-64, 60-64,
65-69, 65-69, 65-69, 65-69, 65-69, 65-69, 65-69, 65-69, 65-69, 65-69,
70-74, 70-74, 70-74, 70-74, 70-74, 70-74, 70-74, 70-74, 70-74, 70-74,
75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79, 75-79,
80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84, 80-84,
85-89, 85-89, 85-89, 85-89, 85-89, 85-89,
Median = 75-79
Therefore, the median speed of the cars is 75-79 km/h.
c)
To find the mode, we need to identify the speed value that occurs most frequently. Using this method, we get:
Mode = 75-79
Therefore, the mode speed of the cars is 75-79 km/h.
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Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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legally, shareholders of an s corporation are not required to report their income from the corporation as personal income.
For the purposes of federal taxation, S companies are businesses that choose to pass through to their shareholders corporate income, losses, deductions, and credits.
S corporation shareholders are assessed tax at their individual income tax rates and are required to declare the flow-through of their gains and losses on their personal tax returns.
What does federal law define as taxable income?
Taxable income is any gross income that is utilised to calculate your tax liability. Simply explained, it is your adjusted gross income less any deductions. All compensation from employers, such as wages, tips, salaries, and bonuses, is included in this.
Tax Liability: What Is It?
The amount that a person, company, or other entity owes to a federal, state, or local tax authority is known as their tax liability.
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what is the starting salary of an entry level librarian? it could hour wage or yearly.
Answer:
$46k–84kper year
Explanation:
Answer:
Which city, though?
Explanation:
Highest Paying Cities for Entry Level Librarian Jobs.
City Richmond, CA
Annual Salary $46,419
Monthly Pay $3,868
Weekly Pay $893
Hourly Wage $22.32
Which one of the following terms is defined as the process of recognizing gains and losses on outstanding futures positions on a daily basis? Select one a profit taking b. daily distributing c. margin adjusting d. marking to market e. market adjusting
The correct option is D, the process of recognizing gains and losses on outstanding futures positions on a daily basis is defined as marking to market.
Marking to market is a process used to calculate the value of a portfolio of assets. It involves estimating the current market value of a security or portfolio by comparing it to the most recent market prices. This value is then recorded in the books of the company or fund.
Marking to market is a useful tool for investors to assess the value of their investments, as it gives them an up-to-date picture of the current market value of their assets. It can also be used to track the performance of a portfolio over time, allowing investors to make more informed decisions.
The process helps to ensure that the value of a portfolio is accurately reflected in the books of the organization. It is also used by traders to manage their risk and adjust their positions accordingly. Marking to market is a key element of modern financial markets and is used to help ensure that portfolios are accurately valued.
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Do you think Q-Cells could have avoided its current financial troubles? What could they have done differently?
Answer:
Q-Cells could have avoided the financial issues. They should have analyzed their business before coming into Germany. The purchases of thewafers should have been researched more thoroughly and negotiated to where they were not paying so much. In all, these financial troubles could have been avoided if Q-Cells would have researched the markets and prices better.
Explanation:
Suppose there are 100 million in the labor force, and 6 million unemployed people. During the next month, 200,000 people lose their jobs and 300,000 find jobs. The new total of employed persons is ________ and the new unemployment rate is ________.
Answer:
Results are below.
Explanation:
First, we need to calculate the currently employed people and the unemployment rate:
Employed people= 100,000,000 - 6,000,000= 94,000,000
Unemployment rate= unemployed people / labor force
Unemployment rate= 6,000,000 / 100,000,000
Unemployment rate= 0.06= 6%
Now, the newly employed people and the unemployment rate:
Employed people= 94,000,000 + 300,000 - 200,000
Employed people= 94,100,000
Unemployment rate= 5,900,000 / 100,000,000
Unemployment rate= 0.059 = 5.9%
Workers over forty tend to be motivated by intrinsic motivators.
True
False
Answer: true
Explanation:
i sorta just guessed
In the short run, which of the following will always decrease as a firm's output increases
A average total cost
B average variable cost
C total variable cost
Daverage fixed cost
When a company's output goes up, its average fixed cost goes down in the short run. No matter how many products are produced, fixed costs remain the same. As a result, the fixed cost contribution per unit decreases as output rises. Let's say the fixed cost is Rs.
What will go down as output goes up?As a result, the average total cost typically decreases as output rises if the marginal cost does not rise, where the marginal cost is the cost of producing one more unit of output.
Which short-term expenses always rise in tandem with output?Curves of Short-Range Total Costs This indicates that TVC rises with output. This curve begins at the origin, indicating that there are no variable costs when output is zero. Vertically adding the TFC and TVC yields the total cost curve (TC).
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The board of directors of Herbalife Nutrition approved a 2-for-1 stock split. After the split, how many shares of Herbalife stock will an investor have if he owned 1,020 shares before the split
If the board of directors of Herbalife Nutrition approved a 2-for-1 stock split. After the split, the number of shares of Herbalife stock will an investor have if he owned 1,020 shares before the split is:2,040 shares.
Using this formula to find the number of shares
Number of shares before the split = Number of shares owned × Stock split
Let plug in the formula
Number of shares before the split = 1,020 shares × 2/1
Number of shares before the split = 2,040 shares
Therefore we can conclude that the number of shares before the split is 2,040 shares.
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If the Mount Lemmon fire district attempts to implement age diversity initiatives, but these initiatives are defeated because the district is concerned that younger firefighters will be treated worse as a result, which of the following barriers mentioned in Section 4.6 is this an example of?
Answer:
Explanation:
fears of reverse discrimination
purchased goods of rs 40000 journal entries
The journal entry for Rs. 40, 000 purchases would include a debit to purchases and credit to cash or accounts payable.
How to enter the journal ?The Purchases account is debited because the business has acquired goods, which is an asset. The Accounts Payable account is credited because the business owes money to the supplier for the goods.
Date Account title Debit Credit
XX -XXXX Purchases Rs. 40, 000
Accounts payable Rs. 40, 000
This journal entry will increase the balance of the Purchases account and the Accounts Payable account. The Purchases account will be used to track the cost of goods sold, and the Accounts Payable account will be used to track the amount of money owed to suppliers.
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Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a $63,000 loan at 8.5% for 24 months. What is his monthly payment by table lookup? (Use Table 14.2)
Note: Round your answer to the nearest cent.
If he was offered a $63,000 loan at 8.5% for 24 months. His monthly payment by table lookup is : $3071.
What is monthly payment?Monthly payment can be defined as the amount a person received on a monthly basis.
First step is to convert the month to year
Month to year = 24 / 12
Month to year = 2 years
Second step is to find the interest using this formula
I = P × R×T
Where:
I = Interest
P = Principal
R = rate
T = time
Hence
I = 63,000 × 2 × 8.5%
I = 10,710
So,
P+ I = 63,000 + 10,710
P+I = 73,710
Now let find the monthly payment:
Monthly payment = 73,710 / 24 months
Monthly payment = $3,071.25.
Monthly payment = $3,071 (Approximately)
Therefore the monthly payment is the amount of $3071
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I have decided to put $3000 in my investment account every year for the next 5years. I will make the first deposit one year from today. How much will I have in my account by the end of 5years if the annual interest rate is 4%.
Answer:
$3,305.88
Explanation:
Suppose you are a human resource professional at a company setting up work
teams for production and sales. Explain at least four legal requirements which need
to be embedded in your pay structure to support this new work arrangement.
If I were a human resource professional at a company setting up work teams for production and sales, the four legal requirements that need to be embedded in my pay structure to support this new work arrangement are:
The nation's minimum yearly salary.State minimum wage is paid.Minimal wage for the employees.A flat wage for the position.What will the legal requirements be about?A group incentive plan is a form of compensation that bases pay on the collective performance of a team and emphasizes cost-cutting, productivity growth, and achieving organizational objectives.
I supposedly work in human resources for a company that organizes work teams for sales and production and I would suggest the below point to encourage this new work arrangement:
Teams that are unable to function independently are provided group incentive plans. They are only able to function in teams, and the job itself necessitates it.Learn more about human resource professional from
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