The statement is true that the major impact of product innovation tends to be on firms' revenues, while that of process innovation tends to be on costs.
Product innovation typically involves introducing new or improved products or services, which can increase demand and sales revenue for the firm. Process innovation, on the other hand, involves improving the production or delivery processes, which can result in cost savings for the firm. While both types of innovation can have positive impacts on a firm's bottom line, the focus of the impact tends to be different. Product innovation is often geared towards increasing revenue and market share, while process innovation is geared towards improving efficiency and reducing costs.
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How much is the estimated cost to the us economy as a result of excessive drinking?.
The estimated cost to the us economy as a result of excessive drinking $249 billion loss.
What is excessive drinking?Excessive drinking can be defined as the process of consuming or drinking alcohol in large amount.
Hence, the estimated or total cost to the united states of America economy as a result of excessive drinking is $249 billion loss.
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A category of data such as a customer's name, city, state, or phone number is called a?
A category of data such as a customer's name, city, state, or phone number is called a field.
What is a field in data organization?Field can be regarded as the smallest unit of data organization, which contains a specific category of data , and these data could be customer's name, city, state or phone number.
Hence, A category of data such as a customer's name, city, state, or phone number is called a field.
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Sue has contracted with Rick to do a landscaping project on her property when she sells the whole property to Sylvia. Sylvia decides she will continue to have Rick do the landscaping project. The parties now need a(n) __________.
Sue has contracted with Rick to do a landscaping project on her property when she sells the whole property to Sylvia. Sylvia decides she will continue to have Rick do the landscaping project. The parties now need a novation.
A Novation agreement is to transfer the rights and obligations of one celebration underneath an agreement to any other birthday celebration with one of the events in the settlement closing the identical.
Novation, in settlement regulation and business regulation, is the act of converting a duty to perform with each other responsibility; including an obligation to perform; or changing a party to an agreement with a modern-day celebration.
A valid novation agreement calls for the following: Assumption of agreement responsibilities. The modern proprietor has to expect all responsibilities beneath the settlement. Waiver of right compensation.
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If a company purchases a bond with the expectation that it will be held until maturity, it will most likely be recorded on the balance sheet at: Question 6 options: its fair market value. its amortized cost. its historical cost.
Its historical cost
If a company purchases a bond with the expectation that it will be held until maturity, it will most likely be recorded on the balance sheet at its historical cost.
Historical cost - An asset's value on the balance sheet is recorded at its original cost when it was purchased by the company when using a historical cost as a measure of value in accounting. According to generally accepted accounting principles, fixed assets in the United States are valued using the historical cost method (GAAP). On a company's balance sheet, the majority of long-term assets are recorded at their historical cost. The use of historical cost is consistent with conservative accounting since it avoids overstating an asset's value. While impaired assets may be written down to fair market value, highly liquid assets may be recorded at fair market value.
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Interpret 95% payback in terms of expected value. That is, what is the expected value of a $1 pull on the slots
A 95% payback in terms of expected value means that for every $1 put on the slots, the investor receives $0.95.
What is the expected value?The expected value is a mean value in gain or return, which is computed by multiplying the expected value by the probability of occurrence.
The expected value equals possible outcomes multiplied by the likelihood of occurrence.
Thus, a 95% payback in terms of expected value means that for every $1 put on the slots, the investor receives $0.95.
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Which of the following would indicate an improvement in a company's financial position, holding other things constant
The current and quick ratios both increase would indicate an improvement in a company's financial position, holding other things constant.
Financial usually refers to money matters or transactions of some size or importance: a financial wizard. Fiscal is used especially in connection with government funds, or those of any organization: the end of the fiscal year. Monetary relates especially to money as such: a monetary system or standard. Cash, stocks, bonds, mutual funds, and bank deposits are all examples of financial assets.
The financial field includes three main subcategories: personal finance, corporate finance, and public (government) finance. Consumers and businesses use financial services to acquire financial goods and achieve financial goals.
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At a products liability trial, a critical issue is whether the temperature was below freezing on January 16. A local m
The barograph record is not admissible because unless foundation testimony is given as to the accuracy and good working order of the man's instrument on the day in question.
What does the Barograph depict?Only if the barograph record was properly validated is it admissible. A writing must be authenticated by evidence that it is indeed what the proponent claims it is before it, or any secondary evidence of its substance, may be admitted into evidence.In general, any proof that supports a writing's validity can be used to authenticate it. Evidence explaining a process or system used to obtain a result and demonstrating that the process or system delivers an accurate result is one method of authentication under Federal Rule 901(b). In order for the man's barograph record to be accepted, proof that the instrument is accurate and that it was in excellent working order at the time the record was created must have been provided.To know more about barograph with the given link
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Question:
At a products liability trial, a critical issue is whether the temperature was below freezing on January 16. A local man who works for a civil engineering firm is also an avid amateur meteorologist. One of the man's weather detection instruments in his backyard records temperature by markings from a stylus on a round barograph. The man's record of the day in question indicates that it was unseasonably warm and that the temperature never fell lower than 48 degrees Fahrenheit, 16 degrees above the freezing mark. The plaintiff offers into evidence the man's barograph record of the temperature on January 16.
Is the barograph record admissible?
A. Yes, as past recollection recorded.
B. Yes, as a record of regularly conducted activity.
C. No, unless foundation testimony is given as to the accuracy and good working order of the man's instrument on the day in question.
D. No, because it is hearsay not within any recognized exception to the hearsay rule.
A comparable property showed adjusted value of $40,000. The property sold two years ago, and the adjustments indicated a 7% annual appreciation rate. Assuming the appreciation was the only adjustment, how much was the total adjustment
a. plus $5,063 was the total adjustment.
The definition of adjustment is the act of creating an alternate or is the exchange that is turned into made. An instance of an adjustment is the time that it takes for someone to end up comfy living with someone else. The settlement of ways tons is to be paid in cases of loss or declaration, as with the aid of insurance. a way of fixing.
A pay adjustment is a change in a worker's pay fee. you could exchange an employee's hourly salary or profits. Normally, reimbursement adjustment is a boom within the pay charge, which includes when an employee earns a raise.
Aadjustments to income encompass such items as Educator charges, scholar mortgage hobby, Alimony bills, or contributions to a retirement account. Your AGI will by no means be more than your Gross general earnings on you come back and in a few cases may be decreased.
Your question is incomplete. Please find the complete question below.
A comparable property showed an adjusted value of $40,000. The property sold two years ago, and the adjustments indicated a 7% annual appreciation rate. Assuming the
appreciation was the only adjustment, how much was the total adjustment?
a. plus $5,063
b. plus $5,404
c. minus $5,063
d. plus $5,600
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Question Content Area If selling and administrative expenses are allocated to different products, they should be reported as a a.cost of goods sold b.factory overhead cost c.period cost d.cost of goods manufactured
Selling and administrative expenses are period costs. They are expensed in the period incurred but not capitalized as part of the inventory.
The answer is c. Period cost
Period costs are costs that cannot be capitalized on a company's balance sheet. That is, they are expensed in the period in which they are incurred and appear on the income statement. Period costs are also known as period costs.
Other examples of period costs include marketing expenses, rents (not directly tied to manufacturing facilities), office depreciation, and indirect labor costs. Interest expense on company debt is also classified as a period expense.
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An e-newsletter of your professional accomplishments that you distribute to qualified hiring authorities and contacts should include:______.
An e-newsletter of your professional accomplishments that you distribute to qualified hiring authorities and contacts should include the following components:
Career summary: Career summary helps the potential employers to get a quick grasp of employee as a professional, one need to include a career summary.
Philosophy statement :A philosophy statement is sometimes known as a mission statement. It describes the things about the profession that matter the most to job seeker.
Short biography of the job seeker.
Resume : It’s important to include resume of jobseeker here, even though it has been already submitted the resume with the application.
Marketable skills and abilities : It is very important to include the marketable skills and abilities. Some common marketable skills include: Project management, Critical thinking, Taking initiative, Leadership, Public speaking etc.
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Sally is responsible for allocating the resources given to the team by the organization, including pay raises. What is she?
Answer:
Sally is the Human resource manager .
Explanation:
A human resource manager is responsible for the entire operations relating to human resource.
Human resource is the team that does the operations in an organization , in other words the employees .
The manager is responsible for all operations including hiring , on boarding and allocation of resources to the employees including delegation of duties .So for this case sally is responsible for all this responsibilities in her institution .
She can also be the assistant to the human resource .So many terminologies are used this days to refer to the person in charge of these , which include ; senior HR , JUNIOR HR , HR specialist and many more .
In year 1, Heron Corp. has depreciation expense for income statement purposes of $10,000. The depreciation deduction on the tax return was $14,000. The enacted tax rate is 30%. Heron's pretax income for the year was $80,000, and its taxable income was $76,000. If this is the only difference between pretax income and taxable income, the journal entry to record tax expense for the year would include which of the following entries? a) debit tax expense of $22,800
b) credit deferred tax liability of $4,000
c) debit tax expense of $24,000
d) credit taxes payable of $22,800
e) credit deferred tax liability of $1,200
A company has an annual contract with an outside firm to perform a security audit on their network. The purpose of the annual audit is to determine if the company is in compliance with their internal directives and policies for security control. Select the broad class of security control that accurately demonstrates the purpose of the audit.
Board class of security control is Managerial, the managerial control ensures that the internal controls are in working condition and if any improvement is suggested by the auditors it is also implemented.
What is Audit?Audit is the process of checking the accounts and controls of an organization, different audit engagements have different roles of auditor for example, security compliance audit, financial accounts audit, other information audit.
The most common of the audit is the audit of financial data of the organizations which is important for the public listed companies and also practiced by unlisted companies.
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________ carry a narrow assortment of product lines with deep assortments within those lines.
Specialty stores carry a narrow assortment of product lines with deep assortments within those lines.
A specialty store is a store or a shop that carries a deep assortment of styles, brands or the models within a relatively very narrow category of goods.
Some examples of specialty stores are: florists, furniture stores, sporting goods stores, and even bookstores are all considered as specialty stores.
There are some stores that sale only a single brand single type of goods for example a store selling only Athlete's Foot means only the sport shoes are sold are considered as super specialty stores.
Retail stores only sell small quantity of items for quick consumption instead of selling for reselling them. Specialty stores can also sell a wide range of products but in a specific category of goods only.
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If a 10 pound bag of dog food sells for $6. 99, what is the per unit cost of the dog food?
If a 10-pound bag of dog food sells for $6. 99, then $-3.01 is the per unit cost of the dog food.
The unit method is a method of solving a problem by first finding the value of a single unit, then multiplying the value of that single unit to find the necessary value.
For example, to solve this problem: How far does he walk in his 7 hours?", first calculate how far the person walks in his 1 hour. We can assume that he will run half the distance in half the time. Therefore, dividing by 2, the man said that in one hour he would walk 3.5 miles. Multiply by 7 by 7 hours and the man will walk 7 x 3.5 = 24.5 miles. That is, take the distance traveled by the man as X and divide by the given distance (7 (x/7)). equals the time it takes to travel X distance (7 hours) divided by the time it takes to travel 7 miles (2 hours) (7/2) so x/7=7/2 so X = 24.5 miles.
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On february 1, kline company received a $6,000, 10%, four-month note receivable. The cash to be received by kline company when the note becomes due is.
The cash to be received by kline company when the note becomes due is $6200.
What is a note receivable?A note receivable is an asset account linked to an underlying promissory note that specifies in writing the terms of payment for a purchase between the "maker" of the note and the "payee," who is normally a business and is occasionally referred to as a creditor (usually a customer or employee, and sometimes called a debtor).
The honored note is recorded by debiting cash for the amount paid by the customer, crediting notes receivable for the note's principal amount, and crediting interest revenue for the interest generated, presuming no adjustment entries have been made to accumulate interest income.
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A journal with a debit and credit column for recording transactions is known as a___________.
A journal with a debit and credit column for recording transactions is known as a General journal. All other financial reports are built on top of journal entries. They offer crucial data that auditors use to assess how financial transactions affect a corporation. A diary is an example of a journal because it allows you to record your thoughts and events.
Scholarly, popular, and trade periodicals are the three categories into which the majority of journals and magazines fall. General ledger, which is then used to produce financial statements of a business, is created using entries in an accounting journal.
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Businesses wish to sell their products at high prices. consumers with to buy products at low prices. in a market economy this conflict is usually resolved by:_______
Businesses wish to sell their products at high prices. consumers with to buy products at low prices. in a market economy this conflict is usually resolved by competition.
Why do Supplies sell more at a higher price and less at a lower price?
Typically, economists combine the volumes that suppliers are willing to produce at various prices into a formula known as the supply curve. The likelihood of suppliers producing more increases with pricing. On the other hand, the cheaper a product is, the more people tend to buy it.
how are prices determined in a market?
The interaction of a market's supply and demand factors determines price. The desire of consumers and producers to engage in purchasing and selling is represented by demand and supply. When buyers and sellers can agree on a price, a product exchange takes place.
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A business wants to evaluate their campaign, and specifically wants to look at how much they spent for a customer to take an action. This measurement would be
That measure would be ROI, or Return on Investment.
What is ROI?It is a metric that companies use to evaluate the performance of a stock in which financial resources have been invested. Its objective is to increase understanding of the initial investment and the results, establishing a comparison and an accurate analysis of the success of an investment.
Therefore, return on investment is used when companies want to understand the profitability of an investment made.
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Thanh works in the engineering and manufacturing division of his company. Other departments include marketing, accounting, human resources, and research and development. Each department reports to the CEO. Thanh's company is organized according to a(n) ______ structure.
Thanh's company is organized according to a functional structure.
What is a functional structure?This is the type of structure that would exist in an organization where the people working are shared or divided into departments based on their expertise.
We can see that the company here has different divisions. Each worker would be there based on their skills.
The way that the workers are placed in the various departments are based on their skill sets. The functional managers and the departmental heads are the ones that are to act as the overseers of the departments.
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Generally, as the level of ________ innovation declines, the level of ________ innovation increases
Generally, as the level of Product innovation declines, the level of Process innovation increases.
In contrast to services, which can boost revenue but have a lower margin, a range of high-quality products fosters growth and generates more profit. This is due to a number of factors.
For instance, scaling products is frequently easier than scaling services. They require less attention and are simpler to maintain.
This explains why the "Service as a Product" business model has been so successful. Scaling and significant revenues were achieved by Airbnb, Uber, and Fivers.
They don't require as much engagement and constant monitoring as other services do.
However, since more than half of all new goods fail to meet their objectives, extremely competitive marketplaces have made product creation more challenging.
There are still a lot of strong justifications for product innovation, though.
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Shirts are made in a process with two resources. The first resource has a capacity of 35 shirts per hour. The capacity of the second resource is 24 shirts per hour. Demand for this process is 20 shirts per hour.
Total labor content is 4.2143 min per shirt.
What do you mean by labor content?The sum of all the process stages' individual times is known as the total labor content. For instance, if a procedure has two steps that each take 20 seconds, the total labor time is 40 seconds. Cycle time minus processing time is the definition of idle time.
Capacity of resource 1=35 shirts / hour
Time taken per shirt at resource 1=60 / 35=1.7143 minutes
Capacity of resource 2=24 shirts / hour
Time taken per shirt at resource 2=60 / 24=2.5 minutes
Therefore,
Total labor content = Time taken per shirt at resource 1+ Time taken per shirt at resource 2=1.7143+2.5=4.2143 minutes per shirt
Disclaimer
Shirts are made in a process with two resources. There is one worker in eachresource. The first resource has a capacity of 35 shirts per hour. The capacity of thesecond resource is 24 shirts per hour. Demand for this process is 20 shirts per hour. What is the total labor content in a shirt? Provide your answer in minutes per shirt.
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Every eighteen months, employees are required to leave their teams and work on something different for at least a month
The information illustrates that employees leave their teams and work on something different for at least a month is important to spread knowledge in an organization.
What is a team?It should be noted that a team simply means a group of people who work together on order to achieve a particular goal.
In this case, the information illustrates that employees leave their teams and work on something different for at least a month is important to spread knowledge in an organization and learn new skills.
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5. what would happen to the marginal propensity to save when a tax cut was enacted causing the multiplier to change to 5?
Answer:
1/6
Explanation:
Tax multiplier us mpc/1-mpc
so as multiplier is 5 ,
5=mpc/1-mpc
so mpc 5/6
this means mps= 1-5/6
this is equal to 1/6
When a practitioner is ensuring that the message he is sending to stakeholders is easy to follow, he is observing the ________ guideline for effective communication
When a practitioner is ensuring that the message he is sending to stakeholders is easy to follow, he is observing the C. Logic guideline for effective communication.
A Stakeholder may be a wide variety of people impacted or invested in the task. As an example, a stakeholder can be the owner or even the shareholder. However, stakeholders can also be employees, bondholders, customers, providers, and companies. A shareholder can be a stakeholder.
The easy way to remember these 4 categories of stakeholders is by using the acronym UPIG: customers, providers, influencers, governance.
Stakeholders encompass all individuals or companies who have a vested interest in the performance of the business. It is vital that firms build healthful and balanced relationships with their stakeholders, as their stage of authenticity is determined by how properly they meet their stakeholders' needs.
Your question is incomplete. Please read below for the missing content.
When a practitioner is ensuring that the message he is sending to stakeholders is easy to follow, he is observing the ________ guideline for effective communication.
a. tact
b. specificity
c. logic
d. relevance
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When comparing a retail business to a service business, the financial statement that changes the most is the a.statement of cash flows b.balance sheet c.income statement d.statement of owner's equity
When comparing a retail business to a service business, the financial statement that changes the most is the b.balance sheet.
The income declaration, stability sheet, and declaration of cash flows are required financial statements. These 3 statements are informative gear that buyers can use to analyze an employer's economic electricity and provide a brief photograph of an organization's economic health and underlying value.
Monetary statements are formal information on the economic activities and position of an enterprise, individual, or other entity. Applicable financial facts are presented in a structured way and in a shape that is simple to recognize.
Economic statements are written records that convey the commercial enterprise sports and the financial performance of an organization. Monetary statements are regularly audited by using authority groups, accountants, corporations, and so forth. to ensure accuracy and for tax, financing, or making investment purposes.
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Which is an advantage of tax-deferred retirement savings?
Answer:
I am not in your course of whatever you are in, so I will give a couple of reasons, hopefully one of them meets your eye.1. Lower your tax bill right now
2. Raise the potential for compounding
3. Save on taxes over the long term
4. Eliminate current taxes on investment gains
5. Support your savings discipline
Explanation:
Explanation for 1.
Tax deductions are powerful financial tools. Making the maximum contributions to your tax-deferred accounts effectively takes a chunk of money you would have paid to the government and lets you keep it now and pay it later. The higher your tax bracket, the more you will save. Even if your income is lower, you may still be able to realize a significant tax benefit by qualifying for the saver’s tax credit. Also, if you don’t have access to an employer-sponsored retirement plan like a 401(k), or you’ve already reached the max contribution limit, you could consider opening an Individual Retirement Account as you might be eligible to realize even more tax benefits.
Explanation for 2.
Compounding is a basic principle of investing. Say you invest money in an account that produces earnings. Any earnings you receive can produce earnings of their own, and the cycle continues over time. Because tax-deferred accounts allow you to invest funds before you pay taxes on them, you give more of your current funds an opportunity to take advantage of this “magical” mechanism.
Explanation for 3.
Many people expect to earn less in retirement than they did in their working years as they downsize and shift to relying on pensions, Social Security and retirement accounts for income. If your income drops, your tax bracket may drop, too. In that case, you could wind up paying less in taxes over time, since your withdrawals in retirement would be taxed at a lower rate than those funds would’ve been when you were working.
Explanation for 4.
Usually, when you sell stocks or other assets that have grown in value since you bought them, you realize a capital gain, which triggers a related tax. But within a tax-deferred account, you can buy and sell assets without triggering any tax at all. You can feel free to make investment moves without worrying about the effect of a sale on your current tax situation ― as long as that money stays in your tax-deferred account.
Explanation for 5.
Except in special cases, withdrawing money from a traditional IRA or employer-sponsored plan before the age of 59½ will come with a 10% early withdrawal penalty. Why is that a good thing? Because one of the biggest impediments to building your retirement savings is the temptation to tap into it early to cover your current expenses. Keeping the money in your tax-deferred account can be a powerful incentive for avoiding early withdrawals.
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If government spending occurs, there will be a(n) _______ of private-sector investors, described as a(n) _______ of that spending
If government spending occurs, there will be a(n)crowding out of private-sector investors, described as a(n) opportunity cost of that spending.
What is government spending?This is the term that is used to refer to all forms of expenditures that the government of a place may embark on.
Spending is an expansionary policy that helps to stimulate the government of a place.
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With respect to Government-wide financial statements, which of the following is not required by GASB
GASB has required governmental fund statements are a balance sheet and an announcement of sales, costs, and adjustments in fund balances.
Required governmental fund statements are a stability sheet and an announcement of revenues, costs, and adjustments in fund balances. Required proprietary fund statements are a statement of internet assets; an announcement of revenues, expenses, and adjustments in fund internet property; and an announcement of coins flows.
The authorities-extensive financial statements file statistics on all of the non-fiduciary sports of the primary authorities and its component units. The minimal requirements for fashionable purpose external monetary reporting are, control's dialogue and analysis, the fundamental monetary statements, together with the notes to the monetary statements, and combining and character fund economic statements.
The GASB requires economic statement reconciliations: (1) a reconciliation of the whole governmental fund balances on the governmental finances stability sheet to the entire governmental activities net function at the government-huge assertion of the net role and (2) a reconciliation of the internet change in governmental.
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consumers are the subsegment of all Internet users who employ this technology to research products and services and make purchases. (Enter one word in the blank.)
Online consumers are the subsegment of all Internet users who employ this technology to research products and services and make purchases.
What do you mean by Online consumers?Any natural person who puts an Order for the provision of Goods and/or Services on the Supplier's website is considered an Online Consumer if they are operating for purposes unrelated to their place of employment.
The 26 items in a conceptual model are divided into seven categories: security, information accessibility, shipping, quality, pricing, timeliness, and customer satisfaction.
The key benefits of purchasing via websites are convenience and usability. If you want to attract repeat customers, make it easier for visitors to conduct product research, cross-shop, and other non-buying activities, which make up 95% of visits to e-commerce sites.
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