The cost of goods sold assuming FIFO (First In First Out) for Eliza Company would be $14,935.20.
The cost of goods sold is the amount of expenses and expenses that are allowed, either directly or indirectly, to produce goods or services in the conditions and places where the goods can be sold or used.
This can be calculated by adding the cost of the beginning inventory (930 x $7.25) to the cost of the purchases (580 x $7.66 + 780 x $8.09 + 590 x $8.49) and subtracting it from the total units sold (1,900 units). Calculation:
(930 x $7.25) + (580 x $7.66) + (780 x $8.09) + (590 x $8.49) - (1,900 units) = $14,935.20.
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FILL IN THE BLANK. the purpose of _________ task is to understand the factors that create differences between potential value and actual value
The purpose of a variance analysis task is to understand the factors that create differences between potential value and actual value.
Variance analysis is a technique used to compare and analyze the differences between planned or expected values and actual results. It involves examining the factors that contribute to variations in performance or outcomes, whether positive or negative, and understanding the reasons behind those variances.
By conducting a variance analysis, organizations can gain insights into the factors that drive deviations from expected results. This analysis helps identify areas of success or improvement as well as areas that require corrective actions. It enables organizations to assess the effectiveness of their planning, budgeting, and operational strategies.
Variance analysis tasks typically involve comparing budgeted or target values with actual values, analyzing the reasons for any differences, and evaluating their impact on overall performance. This process allows organizations to make informed decisions, adjust their strategies, and implement necessary changes to optimize future outcomes and bridge the gap between potential value and actual value.
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Which of the following terms refers not only to the surface of the earth but also below to the center of the earth, above to infinity, and natural things permanently attached but does NOT refer to artificial things permanently attached?
Real property refers not only to the surface of the earth but also below to the center of the earth, above to infinity, and natural things permanently attached but does NOT refer to artificial things permanently attached.
Real property refers to land and any natural or permanent fixtures on or beneath it, such as buildings, trees, minerals, and bodies of water. It also includes any rights associated with the land, such as the right to use the land for certain purposes or to extract minerals from it. In contrast, personal property refers to movable items, such as furniture, vehicles, and clothing, and it does not include the land or permanent fixtures attached to the land.
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What is the future value of $25,000 invested for 10 years with a rate of return of 8%?
Answer:
6% on an investment that will return $450,000
Explanation:
(n) ? marking is a european marking of conformity indicating that a product complies with the essential requirements of the applicable european laws or directives with respect to safety, health, environment, and consumer protection.
The European conformity mark certifies that a product complies with all relevant European laws and directives regarding consumer protection, safety, health, and the environment.
The appropriate response to the question is (n) CE marking is a European conformity label showing that a product conforms with the relevant European laws or regulations with regard to safety, health, the environment, and consumer protection.
What is the CE marking?The European conformity mark, or CE mark, certifies that a product conforms with all applicable European laws and directives regarding safety, health, the environment, and customer protection.
The CE mark is not a trademark and does not represent the product's performance or quality. Products that have been certified to fulfil particular standards proving they satisfy the crucial health, safety, and environmental requirements must have the CE label.
Technical paperwork must be submitted to a recognised body for examination and confirmation that the product complies with all requirements as part of the certification process for the CE marking.
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Use examples to show how one or two of those topics in
production and operations management improve the performance in a
business? What aspect of this course was most meaningful to your
career? Why?
p
One important topic in production and operations management that can improve business performance is quality management.
By implementing robust quality management systems and practices, businesses can ensure that their products or services consistently meet or exceed customer expectations. This can lead to higher customer satisfaction, increased customer loyalty, and positive word-of-mouth, ultimately resulting in improved business performance.
For example, a manufacturing company that implements Six Sigma methodologies to reduce defects and improve process efficiency can experience significant cost savings, increased productivity, and enhanced customer satisfaction. By focusing on quality improvement, the company can minimize waste, reduce rework or returns, and deliver products that consistently meet quality standards. This can lead to a stronger competitive advantage and improved financial performance.
Another topic that can enhance business performance is supply chain management. Efficient supply chain management ensures the smooth flow of materials, information, and resources from suppliers to customers. By optimizing supply chain processes, businesses can reduce lead times, minimize inventory holding costs, improve order fulfillment rates, and enhance overall customer satisfaction.
In terms of the most meaningful aspect of this course to my career, I found the topic of project management particularly valuable. Learning about effective project planning, execution, and control has provided me with essential skills to manage complex projects and ensure their successful completion. This knowledge has been instrumental in enhancing my ability to lead and coordinate cross-functional teams, meet project objectives, and deliver results within budget and schedule constraints. Overall, project management has been a crucial aspect of my career growth and has enabled me to drive successful outcomes in various professional settings.
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Point-of- are product aociation that are not necearily unique to the brand but may in fact be hared with brand
Points-of-parity are those associations not necessarily unique to the brand but perhaps shared with other brands. those associations designed to negate competitors' points-of-difference or overcome perceived weaknesses or vulnerabilities of the brand.
A brand requires points of parity in order to be taken into account by the consumer. In this case, a brand's similarity to others may give customers the impression that it is "good enough" to be discussed.
Any area in which your company is equivalent to that of your rivals and is taken into account by clients when making purchases is known as a point of parity. The characteristics of goods or services that create differentiation are referred to as their point of difference.
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Damion wants to be a construction worker right out of high school and then work up to be a site foreman. He eventually wants to go to school and get his general contractor licence. Which statement best describes Damion’s thoughts?
These are his goals.
These are his values.
These are his abilities.
These are his achievements.
Damion wants to start out as a construction worker and work his way up to become a site foreman. He eventually plans to attend college and obtain his general contractor license. These are his objectives.
What do you mean by general contractor responsibilities?A general contractor is responsible for providing all materials, personnel, equipment (such as engineering trucks and tools), and services required for the project's construction. A general contractor frequently employs specialist subcontractors to do all or parts of the building job. When subcontractors are used, the general contractor is responsible for ensuring the quality of all work performed by all workers and subcontractors.
General contractors should priorities safety on the project site, and they are normally responsible for ensuring that work is done in a safe manner.
A general contractor's duties may include obtaining building permits, informing the person who hired them, protecting the property, supplying temporary utilities on site, and managing workers. on-site surveying and engineering, construction waste disposal or recycling, monitoring timelines and financial flows, and preserving proper documents .
The general contractor may be in charge of some aspects of the design, known as the "contractor's design component" (JCT terminology).
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On December 30 of the current year, Frey Company leased equipment from Hull. Pertinent lease transaction data are as follow:
The estimated seven-year useful equipment life coincides with the lease term.
The first of the seven equal annual $200,000 lease payments was paid on December 31 of the current year.
Hull's implicit interest rate of 12% is known to Frey.
Frey's incremental borrowing rate is 14%.
Present values of an annuity due of $1 for seven periods are 5.11 at 12%, and 4.89 at 14%, respectively.
At the inception of the lease, Frey should record a finance lease liability of
A $1,400,000
B $1,022,000
C $978,000
D $0
On December 30 of the current year, Frey Company leased equipment from Hull. Pertinent lease transaction data are as follows:
To calculate the finance lease liability, we need to use the present value of an annuity due. Since Frey is aware of Hull's implicit interest rate of 12%, we will use that rate. The present value factor for an annuity due of $1 for seven periods at 12% is 5.11.
Multiply the annual lease payment ($200,000) by the present value factor (5.11) to find the finance lease liability:
$200,000 x 5.11 = $1,022,000
At the inception of the lease, Frey should record a finance lease liability of $1,022,000 (Option B).
This is the finance lease liability that Frey should record at the inception of the lease. It represents the present value of the lease payments and will be amortized over the lease term.
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Which of the following countries did not trade with the Phoenicians?
O Babylonia
Japan
O Egypt
Greece
Hannah, age 65, is retiring today. Hannah would like $100,000 per year in retirement income. If the invested assets to gross pay benchmark is 16:1, how much should Hannah have saved for retirement according to the invested assets to gross pay benchmark
Based on the information given, the amount that Hannah will have saved for retirement will be $1,600,000.
From the information given, it was stated that Hannah would like $100,000 per year in retirement income and that the invested assets to gross pay benchmark is 16:1.
Therefore, the amount that'll have been saved will be:
= 16/1 × $100,000
= $1,600,000
In conclusion, the correct option is $1,600,000.
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Differentiate between norminal wages and real wages
Answer:
A norminal wage is not adjusted for inflation and real wage is adjusted for inflation
if smith's aquatic store, a fish and supplies retailer, buys one 200 gallon fish tank from merida's aquaroum products, it will be billed $ 329. if it buys more than six during the year, it will get a 20% discount on each aquarium. this savings is referred to as :
The savings that Smith's Aquatic Store would receive if it buys more than six 200-gallon fish tanks from Merida's Aquaroum Products during the year is referred to as a "quantity discount"
A pricing strategy that suppliers use to give discounts to customers who buy larger quantities of a product is known as a "quantity discount." The discount is frequently based on a sliding scale, which means that it gets bigger the more of the product the customer buys.
Suppliers can encourage customers to purchase larger quantities by offering quantity discounts, which can boost sales and lower the cost of production per unit. Many industries, including retail, wholesale, and manufacturing, use this pricing strategy frequently.
The quantity discount provided by Merida's Aquaroum Products in the case of Smith's Aquatic Store is intended to encourage the retailer to buy more 200-gallon fish tanks throughout the course of the year, which can reduce costs.
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Your opening a small toy store. Identify three decision about inventory you would need to buy in your first year of operation. What type of information, if any would you want or need to have available in you accounting information system to help you make each of those decisions?
Your main focus should be towards what kind of toys kids demand or you should have proper supply or not.
There are three inventory decisions you would need to make throughout your first year of business :
1. The most crucial decision you must make is how many new toys should be bought to satisfy expected demand for the product. Sales will be lost if you order too little, and profits will be decreased if you order too much due to the low pricing offered during clearance sales.
2. The second most crucial decision you must make is to keep your toys up to dated according to kids interest.
3. The third most important decision not to move towards higher return in your first year by offering less price than M.R.P.
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When can an organization share phi with others, according to professional judgment rights?.
An organization can share phi with others, according to professional judgment rights if HIPAA Privacy Rule specifically permits it.
What is HIPAA?The Health Insurance Portability and Accountability Act serves as the federal law that required the creation of national standards.
This standard help to protect sensitive patient health information from unauthorized access.
Therefore, information can only be shared if HIPAA Privacy Rule specifically permits it.
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FILL THE BLANK.
Mere possession of a billy club is a felony under the dangerous weapons control statutes. Any person who sells a BB gun to a person under ___ years old is guilty of a _____________.
The possession of a billy club is a felony under dangerous weapons control statutes, while selling a BB gun to a person under a 18 years of age age is considered a criminal offense.
Under dangerous weapons control statutes, the mere possession of a billy club is classified as a felony offense. A billy club is a type of weapon typically consisting of a heavy, often cylindrical object, such as a wooden stick or metal rod, used for self-defense or as a weapon. Possessing a billy club is illegal under these statutes, indicating the severity of the offense.
Additionally, the sale of a BB gun to a person below a certain age is considered a criminal act. A BB gun is an air-powered gun that shoots small metal or plastic pellets, commonly referred to as BBs.
The specific age threshold for the prohibition may vary depending on local laws and regulations. Selling a BB gun to someone below this age limit is regarded as a violation of the law, highlighting the need to regulate the sale and possession of such firearms, particularly in the context of minors.
These regulations aim to ensure public safety and prevent the misuse of potentially dangerous weapons. By criminalizing the possession of billy clubs and regulating the sale of BB guns to minors, the statutes serve as measures to mitigate the risks associated with the possession and use of such items.
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what do u think? like the video?
Answer:
Explanation:
Be more specific
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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If credit can be extended, then some
risk can be eliminated.
operational
compliance
strategic
financial
Answer:
financial
Explanation:
It talks about credit its financial.
explain and discuss how participative management can enhance skill variety; task identity, and autonomy as described in the job characteristics model (jcm).
Participative management is used in the process feature version to enhance capabilities, task identification, and enhance autonomy due to the fact it's miles a selection-making technique that guarantees organizational employees are protected in choice-making approaches.
Participative management is a control style that requires the cooperation of personnel. Its goal is to build commitment and broaden tasks inside paintings teams. To do this, the supervisor needs to delegate components of his strength and it's essential that the teams.
Participative management style is a management fashion positively associated with a high degree of process satisfaction. It is based on the involvement of employees in choice-making, problem-solving in the organization and empowering personnel, in addition to on supporting their high autonomy, own initiative, and creativity.
Participative management is simplest in an environment that encourages inclusivity and the professional increase of employees. companies that price and encourage employees to voice their reviews and hone their skills generally tend to develop more confident groups that come up with better ideas.
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mcdonald's could be considered as an example of group of answer choices localization strategy in asia transnational strategy differentiation strategy global standardization strategy even in places such as india
On the other hand, their global standardization strategy involves maintaining a consistent brand image, quality, and customer experience across their various locations worldwide. This strategy allows them to achieve economies of scale and reduce costs while providing a consistent product to their customers.
McDonald's is a company that has implemented both localization strategy and global standardization strategy in different regions, including Asia and India. Their localization strategy involves adapting their menu and marketing to cater to the local tastes and preferences of the customers in a particular region. For example, in India, they have introduced vegetarian options and removed beef and pork from their menu to cater to the predominantly Hindu and Muslim population. McDonald's is a global fast food corporation with locations in more than 100 nations. Richard and Maurice McDonald started their business in 1940 as a barbeque restaurant before focusing on burgers and fries in the 1950s. In addition to its recognisable Golden Arches logo, McDonald's is well-known for its classic menu items, which include the Big Mac, Quarter Pounder with Cheese, and McChicken sandwich.
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A portion of the stockholders equity section from the balance sheet of Walland Corporation appears as follows: Assume that all the stock was issued on January 1 and that no dividends were paid during the first two years of operation. During the third year, Walland Corporation paid total cash dividends of $736,000. Compute the amount of cash dividends paid during the third year to each of the three classes of stock. Compute the dividends paid per share during the third year of each of the three classes of stock. What was the average issue price of each type of preferred stock?
A. The computation of the cash dividends paid during the 3rd year to each of the three classes of stock is as follows:
Cumulative Dividends: $540,000Non-Cumulative Dividends: $96,000Common Stock: $100,000.B. The computation of the dividends paid per share during the 3rd year for each of the 3 classes of stock is as follows:
Cumulative Dividends- Per Share: $13.50Non-Cumulative Dividends- Per Share: $12.00Common Stock- Per Share: $0.25.C. The average issue price of each type of preferred stock is as follows:
Cumulative preferred stock: $50Non-cumulative preferred stock: $100.How the dividends are computed:Total cash dividends paid = $736,000
9% Cumulative = $540,000 ($2,000,000 x 9% x 3 years)
12% Non-cumulative = $96,000 ($800,000 x 12%)
Common Stock = $100,000 ($736,000 - $540,000 - $96,000)
Dividends per share:9% Cumulative = $13.50 ($540,000 ÷ 40,000)
12% Non-cumulative = $12.00 ($96,000 ÷ 8,000)
Common Stock = $0.25 ($100,000 ÷ 400,000)
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Question Completion:Preferred stock, 9% cumulative, $50 par, 40,000 shares authorized, issued, and outstanding- $2,000,000
Preferred stock, 12% non-cumulative, $100 par, 8,000 shares authorized, issued, and outstanding- $800,000
Common Stock, $5 par, 400,000 shares authorized, issued & outstanding- $2,000,000
Total paid-in capital- $4,800,000
What are the six basic step of the problem solving process? HURRY I NEED THIS QUICK
WILL GIVE BRAINLIEST
Answer:
1) identify your problem: Try to describe the problem as much as possible, as opposed to focusing on the potential consequences or implications of the problem.
2) Pin point the problem
3) so that means you should do research based on the problem ^
4)Try evaluating the problem.. perhaps looking at it in perspective ^
5)see how the problem could affect you or others
6) Then work out a plan to solve the problem
Answer:
1) Identify the root problem
2) Identify the factors and causes
3) Generate alternative solutions
4) Decide on the best solution
5) Implement solution
6) Evaluate the results
Explanation:
What is advertising??
Answer:
the activity or profession of producing advertisements for commercial products or services.
Explanation:
Answer:
the activity or profession of producing advertisements for commercial products or services.
"movie audiences are receptive to advertising"
advertisements collectively.
"despite being instructed to take the signs down, he says he has no intention of removing the advertising"
Explanation:
dvertising is a means of communication with the users of a product or service. Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them, as defined by the Advertising Association of the UK.
PLEASE HELP! I don’t know how to do this but the formula is fv=pv(1+r/m)^mt.
Answer:
ight i got u
Explanation:
and thats how i got my answer
movies =12 times $360= $4320,000,009
eating out= $20 times 600 =$1,200,000,090
gym=2 times 60= 420,000,094,000
PLEASEE! unit test in progress!!
A tax accounting software company is trying to help potential customers understand how other tax firms are already using certain platforms to complete their work. What type of primary research might they use to BEST tell that story?
a. Websites about tax firms’ busy season
b. Account textbooks
c.an interview with a single client
d. 10 case studies of existing clients
Answer:
It is D
Explanation:
.
if you were to argue in favor of restricting trade, which are some of the industries or sectors you would restrict, and what arguments would you make to support your case?
Restricting trade can be seen as a way to protect domestic jobs in industries that may be threatened by foreign competition.
National Security: Some argue that certain industries vital to national security, such as defense or critical infrastructure, should be protected through trade restrictions. The argument is that reliance on foreign suppliers may pose risks to national defense capabilities or expose critical infrastructure to potential threats.Infant Industries: Advocates of trade restrictions may argue that developing domestic industries need protection in their early stages. This approach aims to shield emerging industries from competition with more established foreign competitors until they can become globally competitive themselves.Protecting Domestic Jobs: Restricting trade can be seen as a way to protect domestic jobs in industries that may be threatened by foreign competition. Advocates argue that imposing trade barriers, such as tariffs or quotas, can prevent job losses and maintain employment opportunities for domestic workers.Environmental and Labor Standards:E Some argue that trade restrictions can be used to ensure that imported goods meet certain environmental or labor standards. The argument is that unrestricted trade may result in a race to the bottom, where countries with weaker regulations and standards gain a competitive advantage, leading to environmental degradation and poor working conditions.Strategic Industries: In some cases, countries may seek to protect industries considered strategically important for economic or technological reasons. The argument is that by restricting trade in these sectors, countries can foster domestic innovation, maintain competitiveness, and retain control over critical technologies or resources.
It's important to note that while these arguments exist, there is also a substantial body of evidence and economic theory supporting the benefits of free trade and the drawbacks of protectionism. The overall impact of trade restrictions on economies and global welfare is a complex and debated topic. Different stakeholders and experts may have differing views on the necessity and effectiveness of trade restrictions in specific industries or sectors.
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The chart indicates the education or training histories of three employees in the Agriculture, Food, and Natural Resources career cluster. A 2-column table with 3 rows. Column 1 is labeled Employee with entries Prisha, Amos, Deliah. Column 2 is labeled Education and Training with entries High school degree, bachelor's degree, master's degree; High school degree, bachelor's degree; High school degree, on-the-job training. Based on the degrees usually required by Agriculture, Food, and Natural Resources, what are most likely the jobs held by these three employees? Prisha is a Food Scientist, Amos is a Veterinarian, and Deliah is a Floral Designer. Prisha is a Parts Salesperson, Amos is an Environmental Compliance Inspector, and Deliah is a Greenhouse Manager. Prisha is a Park Worker, Amos is an Environmental Engineer, Deliah is a Zoologist. Prisha is a Farm and Management Advisor, Amos is a Forester, and Deliah is an Equipment Operator.
Answer: D
Explanation:
Answer:
D
hope this helps!!!!11
Explanation:
natalia spouse , hector, died in 2020 and natalia remained unmarried. natalia maintains a household for herself and her three dependent children what is natalia most favorable filing status for 2021
Natalia most favorable filing status for 2021 would be as a Qualifying widow.
A qualifying widow is an individual who is considered unmarried for tax purposes and meets certain criteria. To qualify, the individual must have been eligible to file a joint return with their deceased spouse in the year of their death and have a dependent child. Filling status is important.
Additionally, the individual remained unmarried before the end of the tax year and must have paid more than half of the cost of maintaining a home that was the principal residence of the deceased spouse and the dependent child for the entire year. Widowhood is very difficult, it is important to acknowledge the hardships of all widows.
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Calvin purchased 2 fish bowls full of goldfish and 3 goldfish in a single bag. Each bowl had 6 fish in it. How many goldfish did Calvin buy? Calculate the number of fish in 1 bowl and in the bag together. Divide that number by the number of bowls. Calculate how many goldfish are in 2 fish bowls. Add that number to the number of fish in the bag. Calculate how many more goldfish are in a bowl than the bag. Multiply that number by the number of bowls. Calculate how many fish bowls there are. Add that number to the number of fish in the bag.
Answer:
How many goldfish did Calvin buy?
(2 bowls x 6 goldfish) + 3 goldfish in a bag = 15 goldfishCalculate the number of fish in 1 bowl and in the bag together.
(1 bowls x 6 goldfish) + 3 goldfish in a bag = 9 goldfishDivide that number by the number of bowls.
9 goldfish / 2 bowls = 4.5 goldfishCalculate how many goldfish are in 2 fish bowls.
2 bowls x 6 goldfish = 12 goldfishAdd that number to the number of fish in the bag.
12 goldfish + 3 goldfish = 15 goldfishCalculate how many more goldfish are in a bowl than the bag.
6 goldfish - 3 goldfish = 3 goldfish more in a bowl than in a bagMultiply that number by the number of bowls.
3 goldfish x 2 = 6 goldfishCalculate how many fish bowls there are.
2 fish bowlsAdd that number to the number of fish in the bag.
2 + 3 = 5which of the following sentences should be rewritten to be more appropriately fact-based and precise?
The company's products are usually well-liked, and if it invests in this project, profits will surely rise.
Do you mean accurate by precise?Scientists think of inaccuracy in terms of precision and accuracy. How accurately a measurement reflects how close it is to the actual or acceptable value. Precision is the degree to which observations of an identical thing agree with one another. Accuracy is not necessary for precision.
What, for instance, does precision mean?Precision seems to be a number that expresses that value of the quantity and indicates how many informational digits are there. For instance, 3.14 is an approximation of pi that is reasonable and accurate. However, the precision digit, which is 3.199, is lower than the precise digit.
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