An income statement is a summary of a firm's revenues and expenses during a specified accounting period, such as a year. An income statement is a financial statement that lists the revenue and expenses of the company. This document can be used by the business owners to determine whether their strategies were successful.
Additionally, it displays a company's profit or loss over a specific time frame. The income statement, along with the balance sheet and cash flow statement, aids in your comprehension of your company's financial situation. Additionally, it demonstrates the revenues of the plans the company made at the start of a certain fiscal year.
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Costs that do not change with the change in the level of production for some time is classified as ________.
A. variable costs
B. Fixed costs
C. Mixed costs
D. None of these choices are correct.
Costs that do not change with the change in the level of production for some time is classified as fixed costs.
The term fixed cost refers to a cost which does not change with any increase or decrease in the number of goods or services produced or sold by the company.
Fixed costs are those expenses which have to be paid by a company, independent of any specific business activities. It simply means that fixed costs are generally indirect. It means in this expenses don't apply to a company's production of any goods or services.
Companies can have two types of costs , fixed or variable costs, which together makes their total costs. Shutdown points are applied to reduce fixed costs at a greater extent.
Fixed costs refer to those expenses that a company must pay at any cost.
These costs are fixed over a specified period of time and do not change with production levels or any other level of activity/.
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Investigations of money laundering are routinely performed by such agencies as the Federal Bureau of Investigation (FBI), DEA, and the Internal Revenue Service (IRS). However, a recently established investigative unit housed under the Department of the Treasury also conducts such investigations. What is the name of this agency under the Department of the Treasury
Office of Terrorism and Financial Intelligence (TFI is the body that the agency that takes care of money laundering.
What is money laundering?Money laundering has to do with all of the activities that involves the illegal concealment or smuggling of money that was obtained through dubious means.
It is when the money that was taken was meant to be for the people of the nation and it gets to the wrong hands who use it for their own gains and purpose.
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Budgets need to be fair and attainable for employees to consider the budget important in their normal daily activities. Which of the following situations will not lead to human behavior problems
The correct option is : Allowing employees the opportunity to be a part of the budget process.
What is Budget?A budget is a plan on how a business will attain its profits objectives. It shows how a firm will allocate its scarce resources to various units to achieve its overall goals. A budget can be prepared on a bottom-up basis where each department sets its targets under the guidance of top management. The top management can also prepare the budget and pass it down to various units for implementation.
When a budget is prepared from bottom to top, employees get involved in the process. It makes them own the document and its objectives. The employees will feel motivated to work as a team to meet their targets. A budget indicates the direction where the business is heading. If employees are involved in the budgeting process, they will help management to steer the company in the intended direction.
Therefore, we can conclude that the correct option is C.
Your question is incomplete, but most probably your full question was:
Budgets need to be fair and attainable for employees to consider the budget important in their normal daily activities. Which of the following situations will not lead to human behavior problems:
a. Setting goals among managers that conflict with one another.
b. Setting goals too tightly making it difficult to meet performance expectation.
c. Allowing employees the opportunity to be a part of the budget process.
d. Allowing goals to be so low that employees develop a "spend it or lose it" attitude.
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A technician has been troubleshooting a laptop power issue, and now the speakers don't work. what should the technician do first?
A technician has been troubleshooting a laptop power issue, and now the speakers don't work. what the technician should do first is to check the speaker cabling. This is further explained below.
Who is a Technician?Generally, The laptop's speakers have stopped working as a result of work done by a technician to fix a power problem. Priority one should be given to a thorough examination of the speaker wiring by the expert.
In conclusion, a computer technician is an expert in the technical aspects of a certain field or profession. Irving Kolodin is a master craftsman and a musician of integrity who has mastered the art of music.
Engineers are more focused on finding solutions to issues, while technicians are more focused on putting into action the essential modifications that are needed to find a solution to the problem. Because engineers often have a greater degree of schooling than technicians, engineers typically have a higher starting wage.
Because of the troubleshooting that was done on the power problem of the laptop, the speakers are now inoperable. The technician's first order of business should be to inspect the speaker wiring.
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If C represents consumption expenditure, Ig represents gross investment, In represents net investment, G represents government expenditure, Xn represents net exports, and Xg represents gross exports, GDP is:
"If C represents consumption expenditure, Ig represents a gross investment, .."Xn represents net exports, and Xg represents gross exports, GDP is: C+Ig+G+Xn. This is further explained below.
What is expenditure?Generally, money, time, or energy is spent in the process of spending Keep a running tally of all your purchases. expense.
In conclusion, "If C represents consumer spending, Ig represents gross investment, .." Xn denotes net exports, and Xg represents gross exports, GDP is: C+Ig+G+Xn
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The perceived value that a company creates for consumers less the company's costs to create the value equals ______. Multiple choice question. a strategic trade-off
Generally, the typical perceived value that a company creates for consumers, less the company's costs to create the value equals the economic value created.
What is a perceived value of a product?This refers to the customer's own perception of a product or service's merit or desirability to them most especially in comparison to a competitor's product.
It also means the difference between the prospective customers evaluation of all the benefits and costs of an offering and the perceived alternatives.
In conclusion, the the typical perceived value that a company creates for consumers, less the company's costs to create the value equals the economic value created.
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For a promise to provide a good or service to be accounted for as a separate performance obligation, the good or service must be:______.
The first requirement for accounting for a promised good or the service as a separate performance obligation is that the promised good or the service is "capable of being distinct."
Promised products or services are those that are transferred to the entity's client in line with the contract (i.e., those that result in the customer gaining possession of an asset).
A performance obligation is a promise to supply a good or service (or a series of distinct goods or services that are substantially the same and that have the same pattern of the transfer to the customer). It can be both implicit and explicit.
Therefore, answer is capable of being distinct.
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As martin meets with people, he will continually look for new leads. What is the process by which martin will acquire new candidates from existing prospects or clients?
Strategic Prospecting is the process that martin will acquire new candidates from existing prospects or clients.
What is strategic prospecting?This is the term that is used to refer to the way that sales teams are able to identify the opportunities that are existent in sales and also how they are able to make use of these opportunities as they identify them.
In this case what has to do would be to create a profile for the prospects of customers that he is interested in. Then he would have to acquire new customers from existing prospects or clients. Hence the the process by which martin will acquire new candidates from existing prospects or clients is strategic prospecting
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efer to HR Solutions, Inc. HRSI hopes that all companies can downsize simply by attrition, a word that, in this context, refers to a. being dismissed from the workforce. b. retiring early because employees are within a few years of retirement anyway. c. an increasing amount of work per employee. d. people leaving the company. e. increasing quality.
A correct option is option (d) i.e., people leaving the company.
What does downsize mean in business?
By eliminating underperforming employees or departments, a firm can permanently reduce its workforce. Downsizing can be utilized to develop leaner and more efficient organizations, albeit it is typically carried out when there is stress or a reduction in revenue.
Why does a company downsize?
By letting go of workers who are either no longer required by the company or have not been productive, downsizing enables businesses to cut costs. The business is spared from paying workers who have been causing unnecessary expenses and haven't made a beneficial contribution.
What is HR's role in downsizing?
HR must determine the issues that staff reductions are intended to address, create solid selection criteria, and take into account the long-term effects of the layoffs on the business as a whole.
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Which process is defined as the give-and-take process between two or more parties aimed toward reaching an agreement?
The negotiation is process is defined as the give-and-take process between two or more parties aimed at reaching an agreement.
Negotiation is a strategic discussion that resolves an issue in a way that both parties find acceptable. In a negotiation, each party tries to persuade the other to agree with his or her point of view.
Examples of negotiations include: Negotiating with a customer over the price and terms of a sale. Synonyms for negotiation. accommodation, compromise, concession, give-and-take.
Some of the most common Negotiations are distributive negotiation, integrative negotiation, team negotiation, and multiparty negotiation.
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A ______ typically provides information so that an organization can make a decision about a product, procedure, or policy.
A proposal typically provides information so that an organization can make a decision about a product, procedure, or policy.
A project proposal is that written document which outlines everything that the stakeholders must know about a project, which includes its timeline, objectives, budget and goals. Project proposal summarizes the project details and sell idea of project so that stakeholders feel inclined to get involved in the initiative.
The project proposal works as the working document between the agency and the client before the starting of the project. Thus, the project proposal defines the objectives and the requirements of a project for the third party. For the internal party, it is that method which analyzes the feasibility and profitability of the project.
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Which statement is TRUE regarding gross living area (GLA) in an exterior-only inspection appraisal for Fannie Mae
The appraiser must identify the data source for the GLA.
Is TRUE regarding gross living area (GLA) in an exterior-only inspection appraisal for Fannie Mae
Property valuation, property valuation, or land valuation is the process of creating a property valuation (usually market value). Real estate transactions are traded daily and, in contrast to corporate stocks that are identical, are infrequent and each property is unique (especially its condition, an important factor in valuation) and may require the valuation.
The location also plays a decisive role in the evaluation. However, real estate cannot be relocated, so it is often the upgrade or improvement of a home that can change its value. Evaluation reports are the basis for mortgages, real estate planning, divorce, taxation, and more. Valuation reports are sometimes used to set the sale price of a property.
In addition to various compulsory education levels from finance to civil engineering, most, if not all, countries require appraisers to be licensed to practice.
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A buyer is closing with a purchase price of $232,000 and a down payment of 10%. He will pay the doc stamps on the note and the intangible tax on the mortgage. What are the transfer tax charges to the buyer
The transfer tax charges $731 for the note; the intangible tax is $417.60 for the mortgage.
The sale price is a commission to the buyer and a credit to the seller (the seller receives the sale price minus the closing or commission, and the buyer subtracts the deposit and loan adjustments from the sale price. Pay.)
State of Intangible Assets Mortgage tax is paid only on all new mortgages. This is calculated at a rate of 2 mils ($ 0.002) for the total amount of the new mortgage. No intangible tax will be paid if a mortgage is set up or if ownership of the property is considered "subject" to the mortgage.
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An investor purchased a small building used as a coffee shop; before that, it was a day care center. During the due diligence process, the investor discovers that there are leaking underground storage tanks (USTs). She purchases the property anyway. What is the previous owners' liability for the cost of remediation
The mere fact that a person was a previous owner of contaminated real property does not make them accountable for investigation and remediation expenditures.
What is a liability?A liability is a debt that a firm owes that will cause it to forfeit future financial gains from dealing with other people or companies. A liability may be used in place of equity as a means of funding a business. Additionally, some liabilities are necessary for day-to-day corporate operations, such as accounts payable or income taxes payable. Liabilities can facilitate efficient company operations and quicken value creation for firms. However, ineffective liability management may have serious negative effects, including a decline in financial performance or, worse, bankruptcy. Liabilities also determine the company's capital structure and liquidity.
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What are the business reasons behind john deere's offshoring of tractor production from the u. S. To other countries?
Reasons for shifting production to other countries John Deere is a global leader in the tractor market and its strategic objective is to expand rapidly outside of North America. One of the ways to expand globally is to make the product closer to the target market
Offshoring is the practice of a firm moving its service and production operations to a different nation. A corporation with American roots, John Deere is well recognised for assembling and producing agricultural tractors.
Samuel Allen, the company's CEO, predicts that Offshoring the company's tractor manufacture overseas will boost overall sales to $50 billion by 2018, with half of that amount coming from nations other than the US and Canada. Offshoring production would aid in growing the business to a worldwide scale in addition to boosting revenue.
Due to differences in time zones, the company's production processes and services would be available around the clock. The cost of manufacture would also be reduced by offshore tractor production.
The business would stop paying the costs of transporting tractors from the base production site to foreign nations. The need to exert more control, an effort to reduce risks, and a desire to concentrate on business development are some further justifications for outsourcing.
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Mays and McCovey are beer-brewing companies that operate in a duopoly (two-firm oligopoly). The daily marginal cost (MC) of producing a can of beer is constant and equals $0.40 per can. Assume that neither firm had any startup costs, so marginal cost equals average total cost (ATC) for each firm.
The profit-maximizing price and combined quantity of output is indicated in the demand curve by using a black point (plus symbol).
What is a cartel?A cartel can be defined as a formal agreement between two or more business firms (producers) of a particular product or service, that's formed to control production, sales and pricing in an oligopolistic industry.
At equilibrium in a cartel, marginal revenue is equal to marginal cost (MR = MC). Thus, the profit-maximizing price and combined quantity of output should be calculated from the demand curve as illustrated in the image attached below.
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Complete Question:
Mays and McCovey are beer-brewing companies that operate in a duopoly (two-firm oligopoly). The daily marginal cost (MC) of producing a can of beer is constant and equals $0.40 per can. Assume that neither firm had any startup costs, so marginal cost equals average total cost (ATC) for each firm.
Suppose that Mays and McCovey form a cartel, and the firms divide the output evenly. (Note: This is only for convenience; nothing in this model requires that the two companies must equally share the output.)
Place the black point (plus symbol) on the following graph to indicate the profit-maximizing price and combined quantity of output if Mays and McCovey choose to work together.
What is the percentage decrease in revenue
The revenue earned from tourists in Florida was:
2018 – $4 381 million
2019 – $3 607 million
What is the percentage decrease in revenue from tourists to Florida?
Select one answer
A) 17.67%
B) 21.46%
C) 82.33%
D) 121.46%
Answer:
c) 82.33 is the percentage decrease in revenue from tourist to Florida
Choose a pay for performance method from the following categories: individual, group, or organizational performance and use the internet to locate the website of a company which has recently introduced a new pay system. then assess from the information, the drivers that were making the change necessary for the company, the steps and rationale of the system, implementation steps they utilized, and their results. be sure to provide any urls you used as a reference source for your answer.
The recognized benefits of a pay-for-performance system includes:
Employee EngagementEmployee CompensationImproved ProductivityLower Unit CostsBetter RecruitingWhat is a pay for performance strategy?This performance plan refers to a firm programs that is designed to pay the employees based on how well they do at work.
Most often, the companies that use this performance plan have clear guidelines for behaviors or that a certain employee's performance evaluation results that increase pay.
Normally, the Individual performance would take specific goals of a single-person whereas a group would consist of perhaps a department within a company.
The organizational performance goals would consist of a goal for an entire company when it comes to one’s contribution, also, an individual pay for performance incentive is a scenario where you would potentially have the greatest effect on the outcome of the incentive.
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Suppose you invest $290,000 in an annuity that returns 7 annual payments, with the first payment one year from now and each subsequent payment growing by 4%. At an interest rate of 6%, how much is the first annual payment you receive
The first annual payment of the growing annuity is $46,463.11
This is a case of a growing annuity, because each subsequent annual payment grows a rate of 4%.
The first annual payment can be determined using the present value formula of a growing annuity as provided below:
PV=(C/r-g*)*(1-(1+g)^T/(1+r)^T))
PV=present value=amount invested=$290,000
C=first payment=the unknown
r=rate of return=6%
g=growth rate=4%
T=number of annual payments
$290,000=(C/6%-4%)*(1-(1+4%)^7/(1+6%)^7
$290,000=(C/0.02)*(1-0.875169790822493)
$290,000=C/0.02*0.124830209177507
$290,000*0.02=C*0.124830209177507
C=$290,000*0.02/0.124830209177507
C=first annual payment=$46,463.11
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In ____ databases, a set of transactions are collected over a period of time and then processed all together.
In batch processing databases, a set of transactions are collected over a period of time and then processed all together.
Batch processing is for those often-used programs that can be completed with minimal human interaction. A software that reads a huge file and generates a record, for example, is taken into consideration to be a batch activity.
Automatic batch processing is a technique of walking software packages referred to as jobs in batches mechanically. while users are required to post the jobs, no other interaction by way of the user is required to procedure the batch.
Examples of batch processing are transactions of credit score cards, era of payments, processing of enter and output inside the operating gadget etc. Examples of actual-time processing are bank ATM transactions, purchaser services, radar gadgets, weather forecasts, temperature size, and so forth.
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Unlike an assembly line where workers perform only a few tasks, in a __________ layout, teams of workers combine to perform a variety of tasks needed to produce more complex units of a final product.
Unlike an assembly line where workers perform only a few tasks, in a modular layout, teams of workers combine to perform a variety of tasks needed to produce more complex units of a final product.
Modular design is an approach to product design used to manufacture a complete product by integrating or combining small parts that are independent of each other. Websites are built from templates, which are full-page layouts that provide the structure for individual types of websites (homepage, product, service pages, etc.).
Customized to meet the needs of different customers. Over time, some modules are developed to serve new purposes or to improve performance in some way.
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2 Describe the education as the measure base of Occupation and clarify the relation between occupation and education.
Answer:
Several studies have been carried out to examine the association between education and occupation. These studies were useful for the purpose of intervention and policy making. In this study we examined the relationship between education factor, which includes three indicators: the percentages of population who achieved (primary, secondary and tertiary) and occupation factor (CLASS1, CLASS2 and CLASS3) using fully and partially latent models. The data were collected from the information of 81 districts based on the census conducted in peninsular Malaysia in 1995. The goodness of fit indexes for assumed models were examined. We didn't find significant relationship between educational achievement and occupation factor.
The broker has seven different escrow accounts because he wants to maintain good relationships with each of the different banks. These relationships will help the broker get financing for some of the builders with whom he works. The broker is a signatory on all the accounts and he maintains no more than $1000 of his own money in each account. He reconciles all of the accounts no more than 30 days from the last reconciliation. Can the broker have this many accounts
Yes, a broker can have many accounts.
Who is a broker?A broker can be defined as someone who deals in shares or someone who buy and sell shares to investors.
A broker can do the following:
A broker can have one escrow accountA broker can maintain or be in charge of many escrow accounts.A broker must tend to reconcile the account or carryout reconciliation on the account no higher than 30 days from the last reconciliation.Therefore a broker can have many accounts.
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2023 murano’s available intelligent awd adjusts the ________ to help maintain cornering control.
2023 Murano's available intelligent and adjusts the Torque delivered to the wheels to help maintain cornering control. This is further explained below.
What is Torque?Generally, The amount of force that may cause an item to spin around an axis is referred to as the torque of the object. Torque is what causes an object to acquire rotational acceleration; just as force is what causes an item to accelerate in linear kinematics, torque is what causes an object to accelerate in circular kinematics. Torque is a vector quantity.
In conclusion, The optional intelligent system in the 2023 Murano may change the torque that is given to the wheels, which assists in maintaining cornering control.
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A large decrease in oil prices is an example of: _________
A. A positive inflation shock.
B. A negative inflation shock.
C. Inflation inertia.
D. Excessive aggregate spending
Answer:
d. Excessive aggregate spending
What is the implication of the accounting identity for the numbers on a balance sheet?
It shows how liabilities and equity are paid to say liabilities are paid first if the company is liquidated. And thus, they are shown first on the balance sheet and in the basic accounting equation.
A balance sheet is a financial statement that shows the assets, liabilities and equity of a company. A balance sheet is one of the three main financial statements used to value a company. Provides a snapshot of the company's financial position (what you own and what you owe) as of the date of publication.
The most basic identity in accounting is that the balance sheet should be balanced. That is, assets must equal the sum of liabilities (debt) and equity (value of the company to its owners). In its most common formulation, it is known as the Assets = Liabilities + Equity accounting equation.
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The Case of the Poorly Written Manual John Howard was shaking his head as he left the meeting with his boss, Joe French. Joe was right; the new technical manual was simply not up to the company's standards. Yes, he had told Joe that there were three new people in the test group, but that was no excuse. The three apparently were simply not capable writers; they might be capable product engineers, but their writing was terrible. John called the training department and asked for Susan Harris. Could Susan schedule his three new employees in her next technical writing course? 1. What are John's assumptions in making this decision? 2. Is this an appropriate approach to solving his problem?
John's assumptions in making this decision are that the three new product engineers are not capable writers and that their writing is terrible. John also believes that the only way the technical manual can be brought up to company standards is by offering a course in technical writing.
This is not an appropriate strategy for resolving the issue, as decisions should never be made based solely on assumptions, such as the fact that the product engineers in question are new hires and therefore unable to write. This is further explained below.
What is a decision?Generally, a decision or conclusion was arrived at after careful deliberation.
In conclusion, When John was making this choice, he made a number of assumptions, one of which was that the three new product engineers are not competent writers and that their writing is horrible. John is also of the opinion that the only way the firm's technical handbook can be brought up to the standards of the corporation is by providing students with the opportunity to take a course in technical writing.
Because choices should never be made entirely based on assumptions, such as the fact that the product engineers in question are new employees and hence unable to write, this is not a suitable technique for fixing the problem. Decisions should never be made solely based on assumptions.
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Edward wants to purchase a car. He reviewed his budget and can comfortably afford a car payment of $355 per month. He has good credit and anticipated being able to secure a 5-year loan at 3% interest. What is the maximum cost he should pay for a car to stay within his budgeted monthly amount
Based on the amount that Edward can pay per month, the maximum cost he should pay is $21,300.
What should Edward's car cost at maximum?The maximum amount that Edward can spend i:
= Month payment x Number of years x Number of months in year
Solving gives:
= 355 x 5 x 12
= $21,300
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If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday).
If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday): TRUE
What are tax returns?A tax return is a form or form that is filed with a tax authority and discloses income, expenses, and other relevant tax information. Tax returns enable taxpayers to assess their tax liability, plan their tax payments, and receive refunds for overpayments. In most nations, an individual or corporation having a reportable income, such as wages, interest, dividends, capital gains, or other profits, must file an annual tax return.For example, if April 15th comes on a Saturday, the deadline for individual tax returns is April 17th (assuming it is not a holiday).Therefore, the statement "if April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday)" is TRUE.
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Complete question:
If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday). TRUE or FALSE
Costs, also called differential costs, are the additional costs from selecting a certain course of action.
It is true that Costs, also called differential costs, are the additional costs from selecting a certain course of action.
What is differential costs?Differential cost serves as the difference between the cost of alternative decisions.
Therefore, It is true that Costs, also called differential costs, are the additional costs from selecting a certain course of action and the cost do take place when a business have several similar options,
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