...Chapter 16 - Corporate Operations Chapter 16 Corporate Operations SOLUTIONS MANUAL Discussion Questions 1. [LO 1] In general terms, identify the similarities and differences between the corporate taxable income formula and the individual taxable income formula. Similarities: Both start with the gross income (income after exclusions) for the taxable year. Both formulas reduce gross income by deductions to determine taxable income. Both formulas apply tax rates to taxable income to determine the tax liability. Finally, both formulas reduce the tax liability by credits and tax payments to determine taxes due or the refund. Both formulas include are allowed to take deductions for business expenses to come to taxable income. Differences: Individuals distinguish deductions between for and from AGI deductions and they report adjusted gross income. Corporations don’t distinguish deduction types and don’t report adjusted gross income. This means corporations don’t itemize deductions nor do they deduct standard deductions. Finally, unlike individuals corporations don’t deduct personal exemptions. 2. [LO 1] Is a corporation’s choice of its tax year independent from its year-end for financial accounting purposes? No. The tax year must be the same year as it uses for financial accounting. 3. [LO 1] Can taxable corporations use the cash method of accounting? Explain. The three types of overall accounting methods which are available to corporations are accrual, cash, and hybrid. Generally...
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...Chapter 16, Question 5 Frictional unemployment is important to have in the economy because it allows individual with skills and competences a better opportunity at finding jobs. Frictional unemployment is important because it matches the demand for employees with supply and brings stability in the labor market. (Goodwin N.) Frictional unemployment only assists those who are jobless and are looking for work. Those that are employed and are looking for a new job are not counted under frictional unemployment. Frictional unemployment exists due to the disparity between characteristics of supply and demand job markets. Some of the characteristics of disparity are skills, locations, attitudes, payments, work timing and more. (Farnham P.) Frictional unemployment is established in a rapid-pace economy that is flexible, expanding and adaptable within the work force. Most economists believe that frictional unemployment is a sign of economic well being. Frictional unemployment supports employees as they allow them to seek jobs they like best. (Goodwin N) Frictional unemployment benefits the employers by allowing them the opportunity to select among the most talented. Frictional unemployment is mainly for individuals that are just leaving college and those that are unemployed due to changing of jobs. Frictional unemployment decreases the availability of talent to companies, and gains in turnover, but losses to productivity and the economy as a whole. When individuals delay...
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...Jenny Ulery 01/12/15 5th Ch. 16 Study Questions - America’s Gilded Age: 1870-1890 1. The American economy thrived because of federal involvement, not the lack of it. How did the federal government actively promote industrial and agricultural development in this period? BE SPECIFIC. The federal government actively promoted industrial and agricultural development. It enacted high tariffs that protected American industry from foreign competition, granted land to railroad companies to encourage construction, and used the army to remove Indians form western land desired by farmers and mining companies. 2. Why were railroads so important to America’s second industrial revolution? What events demonstrate their influence on society, politics, and the economy? Spurred by private investment and massive grants of land and money by federal, state, and local governments, the number of miles of railroad track in the US tripped between 1860 and 1880 and tripled again by 1920, opening vast new areas to commercial farming and creating truly national market for manufactured goods. The growing population formed an ever-expanding market for the mass production, mass distribution, and mass marketing of goods, essential elements of a modern industrial economy. The railroads created 5 transcontinental lines and 4 times zones throughout the nation. 3. Why did organized efforts of farmers, workers, and local reformers largely fail to achieve substantive change in the Gilded Age...
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...CHAPTER 16: Globalization in a Changing World MULTIPLE CHOICE 1. How does the textbook define social change? a. the transformation of the physical world b. as an entirely positive act c. the transformation of social institutions and culture of a society over time d. a change in class status ANS: C PTS: 1 DIF: Easy REF: Page 468 OBJ: How Globalization Affects Social Change (I) NOT: Factual 2. Transformation of the social institutions and culture of a society over time is called: a. social change c. radical change b. social continuation d. evolution ANS: A PTS: 1 DIF: Easy REF: Page 468 OBJ: How Globalization Affects Social Change (I) NOT: Factual 3. Which of the following factors has NOT consistently influenced social change over time? a. the physical environment c. cultural factors b. political organization d. the invention of the automobile ANS: D PTS: 1 DIF: Easy REF: Page 468 OBJ: How Globalization Affects Social Change (I) NOT: Factual 4. Who among the following would most likely lament the movement toward globalization? a. the president of a transnational corporation b. a computer engineer c. the head of a small-town historical society d. a university dean ANS: C PTS: 1 DIF: Easy REF: Page 468 OBJ: How Globalization Affects Social Change (I) NOT: Applied 5. A collective attempt to further a common interest or to secure a common goal through action outside the sphere of established institutions is a: a. social movement...
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...General Information: Scientist Name: John James LaForest Audubon Birth and Death Dates: April 26, 1785/January 27, 1851 Where he was born: Les Cayes, Stanto Domingo (Haiti), France Field(s) of Science He Studied: Ornithology (a branch of zoology that concerns the study of birds) and naturalism (the idea or beliefs that only laws of nature and forces operate in the world) What field of science is he most famous for: Ornithology ------------------------------------------------- Interesting Facts: * Audubon married Lucy Bakewell Audubon * Audubon’s father Jean Audubon was a merchant, planter, and a slave dealer * His mother was never married to his father and died after giving birth * There is a school named after him: John James Audubon Elementary School in Kenner, Louisiana * There is a website created after him called www.audubon.org ------------------------------------------------- Education/Work: Audubon’s education was arranged by his father. He went to a school that wasn’t far and was tutored in math, geography, drawing, music and fencing. He didn’t like school, his parents tried to get him to learn but he refused, he became a spoiled and stubborn kid. He was sent to Paris to study art but disliked it also. In France he formed a business partnership with Ferdinand Rozier the son of one of his father's associates. Together they came back to America and tried to operate a lead mine on the farm. In August 1807 the partners...
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...Pencitraan merupakan hal yang sangat krusial bagi tiap perusahaan maupun secara personal. Pencitraan bisa dibangun dari luar dan dalam. pencitraan dari luar dibangun melalui tampilan yang langsung bisa diketahui seperti gaya berpakaian, tampilan luar kantor dan hal-hal yang kasat mata. Sedangakan pencitraan dari dalam merupakan hal yang sedikit abstrak dimana dibutuhkan kemampuan atau setidaknya pengalaman khusus dalam membangaun pencitraan tersebut. Hal yang termasuk pencitraan dari dalam biasanya akan timbul setelah ada interaksi. Macam interaksi bisa berbagai hal misalnya antara pihak perusahaan atau individu dengan perusahaan lain atau individu lain sebagai mitra kerja maupun pelanggan. Salah satu cara untuk membangunpencitraan dari dalam ini adalah dengan mengaplikasikan You-Atitude dimana You-Atitude adalah suatu metode diamana kita memposisikan diri sebagai customer atau mitra kerja sehingga kita dapat mengetahui apa yang diinginkan mereka. Penerapan You-Atitude dalam komunikasi biasanya berarti mengganti kalimat saya menjadi kami, fokus pada hal-hal yang perlu diketahui oleh customer atau mitra kerja, dan menginformasikan segala sesuatu dalam konteks yang 'diperhalus'. Lingkungan bisnis terbentuk dari beberapa aspek yaitu Technology,Trends, Ethics, Corporate Culture, Interpersonal Communication. Untuk via teknologi dapat menggunakani alat-alat elektronik, contoh telepon genggam ataupun surat elektrik (email) untuk trend sendiri ada beberapa macam, contohnya yaitu permintaan...
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...ECO 305 All Quiz and Homework, ECO 305 WK 3 Homework Ch 5 - 16(a-c), 17(a-d), 18(a-b); Ch 6 - 13(a-b), ECO 305 WeeK 3 Quiz 2 - Chapters 3 and 4 , ECO 305 WK 1 Homework Ch 2 - 12(a-b),13(a-c),14, ECO 305 WK 2 Homework Ch 3 - 13(a-d); Ch. 4 - 15(a-b),16(a-b), ECO 305 WK 2 Quiz 1 - Chapters 1 and 2, ECO 305 WK 5 Homework Ch 8 - 6(a-d) , ECO 305 WK 5 Quiz 4 - Chapter 7 , ECO 305 WK 6 Homework Ch 9 - 11(a-c), 12(a-c), ECO 305 WK 6 Quiz 5 - Chapter 8 - All Possible Questions, ECO 305 WK 9 Quiz 8 - Chapters 12 and 13 , ECO 305 WK 11 Quiz 10 - Chapters 16 & 17 , ECO 305 Complete Class Assignments | strayer help, ECO 305 Strayer ECO 305 Week 1, ECO 305 Week 2, ECO 305 Week 3, ECO 305 Week 4, ECO 305 Week 5, ECO 305 week 2 Assignment, ECO 305 week 3Assignment, ECO 305 week 4 Assignment, ECO 305 week 1 Assignment, ECO 305 tutorial, ECO 305 Complete Course, ECO 305 Entire Class, ECO 305 Whole Tutorial, ECO 305 tutorial, ECO 305 Summary, ECO 305 Study Guide, ECO 305 Questions , ECO 305 Answered , ECO 305 Solution, ECO 305 Final , ECO 305 Presentation, ECO 305 Universty, ECO 305 University of, ECO 305 Homework, ECO 305 Version, ECO 305 Strayer assignment, ECO 305 Strayer course, ECO...
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... | | | Tue: 13 | BWVW | Worldview Assignment Pt. 2 | | | Tue: 13 | THEO | Chapter 12 | | Chapter 12 Quiz | Th: 15 | THEO | | Exam #2: Ch 9-12 | | Fri: 16 | CSTU | Chapters 11-12 | | Ch. 11-12 Quiz | Fri: 16 | BIBL | | Test 1 (Midterm Exam) | | Fri: 16 | UNIV | Effective Email Project | | | | | | | | Mon: 19 | BIBL | Romans Essay Available | | Bb Quiz: Ch 10, 14, 15 | Mon: 19 | EVAN | Reading & Book Review | + Reflection Paper | + Check for reading | Tue: 20 | BWVW | Read: World Religions Overview | | | Tue: 20 | THEO | Chapter 13 | | Chapter 13 Quiz | Th: 22 | BWVW | | Test #2 | | Th: 22 | THEO | Chapter 14 | | Chapter 14 Quiz | Fri: 23 | CSTU | Chapters 13-14 | | Ch. 13-14 Quiz | Fri: 23 | UNIV | Time Management Activity | Reflections Paper | | | | | | | Mon: 26 | EVAN | Check for possible reading | | | Tue: 27 | BWVW | Read: What is Moral Relativism | | | Tue: 27 | THEO | Chapter 15 | | Chapter 15 Quiz | Wed: 28 | BIBL | Acts 21-28 Pent-Sum; Eph. Com. Meditation; Phil. Prayer Journal | | | Th: 29 | THEO | Ch. 16 & Biblical Worldview | | Chapter 16 Quiz | Fri: 30 | CSTU | Chapters 15-16 | | Ch. 15-16 Quiz | Fri: 30 | UNIV | Information Literacy Project Pt 1 | | | | | | | | November | | | | | | | | | | Mon: 2 | BIBL | Col. Com. Prayer; Phile. Ch. Ref. | | Bb Quiz: Ch 16&22 (Col, Phile) | Mon: 2 | EVAN | Witnessing Report + | Check for reading |...
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...Answers ECO 410 Week 2 Quiz 1: Chapters 1 and 2 ECO 410 Week 3 Quiz 2: Chapters 3 and 4 ECO 410 Week 4 Quiz 3: Chapters 5 and 6 ECO 410 Week 5 Quiz 4: Chapters 7 and 8 ECO 410 Week 6 Quiz 5: Chapters 9 and 10 ECO 410 Week 7 Quiz 6: Chapters 11 and 12 ECO 410 Week 8 Quiz 7: Chapters 13 and 14 ECO 410 Week 9 Quiz 8: Chapters 15 and 16 ECO 410 Week 10 Quiz 9: Chapter 17 and 18 ECO 410 Week 11 Quiz 10: Chapter 19 and 20 ECO 410 Quizzes and Exam Week 1 - 11 All Possible Questions With Answers ECO 410 Week 2 Quiz 1: Chapters 1 and 2 ECO 410 Week 3 Quiz 2: Chapters 3 and 4 ECO 410 Week 4 Quiz 3: Chapters 5 and 6 ECO 410 Week 5 Quiz 4: Chapters 7 and 8 ECO 410 Week 6 Quiz 5: Chapters 9 and 10 ECO 410 Week 7 Quiz 6: Chapters 11 and 12 ECO 410 Week 8 Quiz 7: Chapters 13 and 14 ECO 410 Week 9 Quiz 8: Chapters 15 and 16 ECO 410 Week 10 Quiz 9: Chapter 17 and 18 ECO 410 Week 11 Quiz 10: Chapter 19 and 20 ECO 410 Quizzes and Exam Week 1 - 11 All Possible Questions With Answers ECO 410 Week 2 Quiz 1: Chapters 1 and 2 ECO 410 Week 3 Quiz 2: Chapters 3 and 4 ECO 410 Week 4 Quiz 3: Chapters 5 and 6 ECO 410 Week 5 Quiz 4: Chapters 7 and 8 ECO 410 Week 6 Quiz 5: Chapters 9 and 10 ECO 410 Week 7 Quiz 6: Chapters 11 and 12 ECO 410 Week 8 Quiz 7: Chapters 13 and 14 ECO 410 Week 9 Quiz 8: Chapters 15 and 16 ECO 410 Week 10 Quiz 9: Chapter 17 and 18 ECO 410 Week 11 Quiz 10: Chapter 19 and 20 ECO 410 Quizzes...
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...answers BUS 300 Week 2 Quiz 1: Chapters 1 and 2 BUS 300 Week 3 Quiz 2: Chapters 3 and 4 BUS 300 Week 4 Quiz 3: Chapters 5 and 6 BUS 300 Week 5 Quiz 4: Chapters 7 and 8 BUS 300 Week 6 Quiz 5: Chapters 9 and 10 BUS 300 Week 7 Quiz 6: Chapters 11 and 12 BUS 300 Week 8 Quiz 7: Chapters 13 and 14 BUS 300 Week 9 Quiz 8: Chapters 15 and 16 BUS 300 Week 10 Quiz 9: Chapters 17 and 18 BUS 300 Week 11 Quiz 10: Chapter 19 BUS 300 Quizzes Week 1-11 Solution All possible questions with answers BUS 300 Week 2 Quiz 1: Chapters 1 and 2 BUS 300 Week 3 Quiz 2: Chapters 3 and 4 BUS 300 Week 4 Quiz 3: Chapters 5 and 6 BUS 300 Week 5 Quiz 4: Chapters 7 and 8 BUS 300 Week 6 Quiz 5: Chapters 9 and 10 BUS 300 Week 7 Quiz 6: Chapters 11 and 12 BUS 300 Week 8 Quiz 7: Chapters 13 and 14 BUS 300 Week 9 Quiz 8: Chapters 15 and 16 BUS 300 Week 10 Quiz 9: Chapters 17 and 18 BUS 300 Week 11 Quiz 10: Chapter 19 BUS 300 Quizzes Week 1-11 Solution All possible questions with answers BUS 300 Week 2 Quiz 1: Chapters 1 and 2 BUS 300 Week 3 Quiz 2: Chapters 3 and 4 BUS 300 Week 4 Quiz 3: Chapters 5 and 6 BUS 300 Week 5 Quiz 4: Chapters 7 and 8 BUS 300 Week 6 Quiz 5: Chapters 9 and 10 BUS 300 Week 7 Quiz 6: Chapters 11 and 12 BUS 300 Week 8 Quiz 7: Chapters 13 and 14 BUS 300 Week 9 Quiz 8: Chapters 15 and 16 BUS 300 Week 10 Quiz 9: Chapters 17 and 18 BUS 300 Week 11 Quiz 10: Chapter 19 BUS 300 Quizzes Week 1-11 Solution ...
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...Be ready to meet and show up. Look forward to getting to know you all. 8/31 Group activities continued to cover fundamentals later used for the class and group work; plus Chapter 1. Read Chapter 1 and finish online quiz #1 on Blackboard by end of day Wednesday 11:59pm MST-No late work accepted, so don’t miss these easier points. 9/7 Chapter 2 and 3 started. Quiz #2 and group work. 9/11 Drops (partial schedule remaining) through this date will be refunded 100%. IMPORTANT NOTE: No drop refunds after this date 9/14 Chapter 3 and project/lab work. Quiz #3 and group work. 9/21 Chapter 4 and project/lab work. Quiz #4 and group work. 9/28 Chapter 5 and project/lab work. Quiz #5 and group work. 10/5 EXAM #1 Be ready and get a lot of points. Bring Laptop with wireless and Respondus lockdown ready 10/12 Chapters 6 and Group Work Quiz #6 and group work. 10/19 Chapters 7 and 8; Group Work (time permitting) Quiz #7 and group work. 10/26 Project Group Work Time in the Library Project Work Due Sunday end of day Nov 2. 10/31 Last day to drop or withdraw without special permission from your dean (Regular semester courses) 11/2 Chapters 9 and 10; Group Work Quiz #8 and group work. EXAM #2 – Take Home Due before Sunday 10/9 11:59 11/9 Chapters 11 and 12; Group Work Quiz #9 and group work. 11/16 Chapters 13 Quiz #10 and group work. 11/23 THANKSGIVING BREAK Quiz #11 and group work. 11/30 Group Time Be Ready 12/7 Presentations Be Ready 12/14 Prep and Final Exam Work Be...
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...Inflamed: The Testimony of a Modern Prodigal – The Modern Christian Series #2 By W Abijah “Who is God’s Son” Williams I know the cover says Westwick Abijah Williams but I now know from reading all 96 pages of the book that the author has been for the last 16 years signing his name as W Abijah Williams and I know why and when you read the book you will come to understand and appreciate more deeply the Power of God to restore, redirect and reaffirm his redeemed – his prodigals From start to finish Inflamed – The Testimony of a Modern Prodigal is an engaging story written in beautiful language with awe, love, and gratitude to God. Though the book chronicles specific events and trajectories of the life and times and the ups and downs of Westwick the Prodigal – this volume is really a book about God – His love, His compassion, His power and His faithfulness. Inflamed is arranged in 13 chapters exploring, relating and applying the major themes of the Parable the Prodigal Son: In My Father’s House; Riotous Living; Homeward Bound; The Embrace; The Best Robe; The Ring; Shoes on my Feet; The Fatted Calf; Let Us Be Merry; When Yet a Great Way Off; Loved; Was Lost and Is Found; Was Dead and is Alive Again. In each of these chapters, the reader is treated to a very skillful and beautiful narrative that is at once, autobiography, drama, depiction; portrayal, deep reflection, exhortation, instruction, counselling and inspiration. The tale is concentrated, engaging and poignant. Throughout...
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...Chapter 15: Understanding Accounting and Financial Statements Introduction The purpose of this chapter is to identify some of the concepts of Understanding Accounting and Financial Statements in the business world. Learning objectives 1. Explain the functions of accounting, and identify the three basic activities involving accounting. 2. Describe he roles played by public, management, government, and not-for-profit accountants. 3. Identify the foundations of the accounting system, including GAAP and the role of the Financial Accounting Standards Board (FASB). 4. Outline the steps in the accounting cycle, and define double-entry bookkeeping and the accounting equation. 5. Explain the functions and major components of the four principal financial statements: the balance sheet, the income statement, the statement of owner’s equity, and the statement of cash flows. 6. Discuss how financial ratios are used to analyze a company’s financial strengths and weaknesses. 7. Describe the role of budges in a business. 8. Outline accounting issues facing global business and the move towards one set of worldwide accounting rules. 1. Explain the functions of accounting, and identify the three basic activities involving accounting. Accounting measure, interpret, and communicate financial information to parties inside and outside the firm to support improved decision making. Accountants gather, record, and interpret financial information to management....
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...All Possible Questions With Answers ECO 410 Week 2 Quiz 1: Chapters 1 and 2 ECO 410 Week 3 Quiz 2: Chapters 3 and 4 ECO 410 Week 4 Quiz 3: Chapters 5 and 6 ECO 410 Week 5 Quiz 4: Chapters 7 and 8 ECO 410 Week 6 Quiz 5: Chapters 9 and 10 ECO 410 Week 7 Quiz 6: Chapters 11 and 12 ECO 410 Week 8 Quiz 7: Chapters 13 and 14 ECO 410 Week 9 Quiz 8: Chapters 15 and 16 ECO 410 Week 10 Quiz 9: Chapter 17 and 18 ECO 410 Week 11 Quiz 10: Chapter 19 and 20 ECO 410 Quizzes and Exam Week 1 – 11 All Possible Questions With Answers ECO 410 Week 2 Quiz 1: Chapters 1 and 2 ECO 410 Week 3 Quiz 2: Chapters 3 and 4 ECO 410 Week 4 Quiz 3: Chapters 5 and 6 ECO 410 Week 5 Quiz 4: Chapters 7 and 8 ECO 410 Week 6 Quiz 5: Chapters 9 and 10 ECO 410 Week 7 Quiz 6: Chapters 11 and 12 ECO 410 Week 8 Quiz 7: Chapters 13 and 14 ECO 410 Week 9 Quiz 8: Chapters 15 and 16 ECO 410 Week 10 Quiz 9: Chapter 17 and 18 ECO 410 Week 11 Quiz 10: Chapter 19 and 20 ECO 410 Quizzes and Exam Week 1 – 11 All Possible Questions With Answers ECO 410 Week 2 Quiz 1: Chapters 1 and 2 ECO 410 Week 3 Quiz 2: Chapters 3 and 4 ECO 410 Week 4 Quiz 3: Chapters 5 and 6 ECO 410 Week 5 Quiz 4: Chapters 7 and 8 ECO 410 Week 6 Quiz 5: Chapters 9 and 10 ECO 410 Week 7 Quiz 6: Chapters 11 and 12 ECO 410 Week 8 Quiz 7: Chapters 13 and 14 ECO 410 Week 9 Quiz 8: Chapters 15 and 16 ECO 410 Week 10 Quiz 9: Chapter 17 and 18 ECO 410 Week 11 Quiz 10: Chapter 19 and 20 ECO 410 Quizzes and Exam Week 1 – 11 All Possible...
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...CHAPTER 16 2. Baruk Industries has no cash and a debt obligation of $36 million that is now due. The market value of Baruk’s assets is $81 million, and the firm has no other liabilities. Assume perfect capital markets. a. Suppose Baruk has 10 million shares outstanding. What is Baruk’s current share price? Assets – debt / shares 81-36/10 = 4.5 $4.50 per share b. How many new shares must Baruk issue to raise the capital needed to pay its debt obligation? Debt / share price 36/4.5 = 8 million shares c. After repaying the debt, what will Baruk’s share price be? Share price would still be the same $4.50 7. You have received two job offers. Firm A offers to pay you $85,000 per year for two years. Firm B offers to pay you $90,000 for two years. Both jobs are equivalent. Suppose that firm A’s contract is certain, but that firm B has a 50% chance of going bankrupt at the end of the year. In that event, it will cancel your contract and pay you the lowest amount possible for you to not quit. If you did quit, you expect you could find a new job paying $85,000 per year, but you would be unemployed for 3 months while you search for it. a. Say you took the job at firm B, what is the least firm B can pay you next year in order to match what you would earn if you quit? You can earn $85,000 per year, however you would be unemployed for 3 months, so in reality, you would only work for 9 months and make $63.75 thousand. b. Given your answer to part (b), and assuming your cost...
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