Uggest sional presidents. Problem 12. 3 (LO2) Return on Investment Consider the following information for McKinley and Son: 12/31/2020 12/31/2021 Total assets $55,000,000 $62,000,000 1,100,000 1,320,000 Noninterest-bearing current liabilities Net income 3,300,000 3,400,000 Interest expense 726,000 770,000 Tax rate 20% 20% Required a. Calculate ROI for 2020 and 2021. Round ROI to four decimal places. B. While income has increased in fiscal 2021, is it clear that the company's performance has improved? Problem 12. 4 (L02) Residual Income/Economic Value Added Consider the following information for Executive Electronics:
The question provides financial information for McKinley and Son, including total assets, noninterest-bearing current liabilities, net income, interest expense, and tax rate for the years 2020 and 2021. The task is to calculate the return on investment (ROI) for both years and determine if the company's performance has improved based on the increase in income.
To calculate ROI, the formula is: Net Income / Total Assets. Using the given information, we can calculate the ROI for 2020 and 2021 by dividing the respective net income by the total assets for each year. The ROI is rounded to four decimal places.
To determine if the company's performance has improved, we need to compare the ROI for the two years. If the ROI has increased, it indicates that the company's profitability in relation to its assets has improved. However, other factors should also be considered to make a conclusive assessment of the company's overall performance.
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Blossom Company received a check for $28320 on July 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full $28320. Financial statements will be prepared on July 31. Blossom's should make the following adjusting entry on July 31:
A. debit Cash, $28320; credit Rent Revenue, $28320.
B. debit Rent Revenue, $4720; credit Unearned Rent Revenue, $4720.
C. debit Unearned Rent Revenue, $28320; credit Rent Revenue, $28320.
D. debit Unearned Rent Revenue, $4720; credit Rent Revenue, $4720.
Answer:
D. debit Unearned Rent Revenue, $4720; credit Rent Revenue, $4720.
Explanation:
When the Cash was received for 6 month`s Rent the entry was :
Debit : Cash $28320
Credit : Unearned Rent Revenue $28320
At 31 July when 1 month`s rent expires the entry will be :
Debit : Unearned Rent Revenue (1/6 x $28,320) $4,720
Credit : Rent Revenue $4,720
thus
We reverse the liability - Unearned Rent Revenue and recognize Revenue for the month expired.
A sous chef starts a retirement savings plan by depositing $350 per month at the beginning of each month into an account that earns an annual interest rate of 5.5% compounded monthly. Find the value (in dollars) of this investment after 20 years. (Round your answer to the nearest cent.)How much interest (in dollars) will she pay over the term of the loan? (Round your answer to the nearest cent.)
After 20 years, the retirement savings plan of the sous chef will have a value of approximately $182,590.72. Over the term of the plan, she will pay approximately $92,590.72 in interest.
To calculate the value of the investment after 20 years, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the initial deposit
r = the annual interest rate (expressed as a decimal)
n = the number of times the interest is compounded per year
t = the number of years
In this case, the initial deposit (P) is $350 per month, the annual interest rate (r) is 5.5% or 0.055, the interest is compounded monthly (n = 12), and the investment period (t) is 20 years.
First, we need to calculate the total number of monthly deposits:
20 years x 12 months = 240 months
Next, we substitute the values into the formula and calculate the final amount (A):
A = $350 * (1 + 0.055/12)^(12*20)
A ≈ $182,590.72
Therefore, after 20 years, the retirement savings plan of the sous chef will have a value of approximately $182,590.72.
To calculate the amount of interest paid over the term of the plan, we subtract the total amount deposited from the final amount:
Interest = A - (P * number of deposits)
Interest = $182,590.72 - ($350 * 240)
Interest ≈ $92,590.72
Therefore, over the term of the loan, the sous chef will pay approximately $92,590.72 in interest.
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this is for you so i dont feel bad
True or False
A Person who works full time for a power company in the energy cluster is considered a consultant.
Answer:
True
Explanation:
Answer:
False, i took the quiz and got 100% percent- k-12 7th grade career final exam
Explanation:
Cost Approach to Value
There are five basic steps to the cost approach:
1. Estimate the value of the site as if vacant.
2. Estimate the reproduction cost or replacement cost (new) of all the improvements (excluding any included as part of the site value).
3. Estimate accrued depreciation from all causes (physical deterioration, functional obsolescence, and external obsolescence).
The cost approach to value is one of the three main approaches used in real estate appraisal.
It is based on the principle of substitution, which states that a rational buyer will not pay more for a property than the cost of acquiring an equally desirable substitute property. The approach involves five basic steps, starting with estimating the value of the site as if vacant, followed by estimating the reproduction or replacement cost of all the improvements, and then estimating the accrued depreciation from all causes.
The final step involves subtracting the total accrued depreciation from the replacement cost to arrive at the property's value. The cost approach is particularly useful when valuing new or recently constructed properties that do not have a significant sales history.
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Giselle Ballard 1.1. What activities are involved in the operations function? How does operations interact with other functional areas? 1.3. Briefly describe how operations has evolved from the Industrial Revolution to the Digital Revolution.
The Digital Revolution facilitated the integration of different functional areas through the use of enterprise resource planning (ERP) systems. This allowed operations to seamlessly interact with other departments, such as marketing, finance, and human resources, to optimize overall business performance.
1. Planning, Production, Inventory management, Supply chain management.
2. Marketing, Finance, Human resources
3. The Digital Revolution has transformed operations by leveraging technology, data, and automation to improve efficiency, accuracy, and collaboration across functional areas. It has enabled businesses to adapt to changing market demands, optimize resources, and enhance customer satisfaction.
The operations function involves various activities in a business that are essential for its day-to-day operations. These activities include:
1. Planning: Operations function involves strategic planning to determine the objectives, goals, and resources required to achieve them. This includes forecasting demand, setting production targets, and scheduling operations.
2. Production: This activity involves transforming inputs (such as raw materials, labor, and technology) into finished goods or services. It includes managing the production process, ensuring quality control, and optimizing efficiency.
3. Inventory management: Operations function involves managing inventory levels to ensure that there is neither excess nor shortage. This involves forecasting demand, tracking inventory levels, and ordering or producing goods accordingly.
4. Supply chain management: This activity focuses on coordinating the flow of materials, information, and services from suppliers to the end customer. It includes managing relationships with suppliers, optimizing logistics, and ensuring timely delivery.
5. Quality control: Operations function involves monitoring and ensuring the quality of products or services. This includes setting quality standards, conducting inspections, and implementing corrective actions if needed.
Operations function interacts with other functional areas within a business, such as:
1. Marketing: Operations and marketing collaborate to ensure that the production of goods or services meets customer demands and expectations. Marketing provides input on customer preferences and helps operations determine the production and delivery strategies accordingly.
2. Finance: Operations and finance work together to manage costs, budgets, and financial resources. Operations provide input on production costs, resource requirements, and revenue generation, which finance uses to make financial decisions and allocate resources effectively.
3. Human resources: Operations and human resources collaborate to ensure that the right personnel are recruited, trained, and motivated to perform the operations activities effectively. Human resources provide input on workforce needs, skill requirements, and performance management, which operations use to optimize productivity.
The operations function has evolved significantly from the Industrial Revolution to the Digital Revolution:
During the Industrial Revolution, operations were primarily focused on mass production and efficiency. The use of machinery and assembly lines enabled large-scale production, but operations were mainly manual and labor-intensive.
In contrast, the Digital Revolution brought automation, computerization, and digitization to operations. This revolutionized production processes, supply chain management, and inventory control.
Computers and advanced technologies allowed for more accurate forecasting, efficient production planning, and real-time data analysis.
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In good years, dailey industries often loans cash to other companies, but in difficult years, they have to borrow cash from other entities. how would they record these differently on the statement of cash flows
Any sort of funds used In financing a firm is recorded in the Financing activities while the loans cash will be recorded in the Financing activities of the statement of cash flows as well.
What is the Financing activities of cash flows?This part of cash flows record the financing activities such as raising money through lending or issuing a bond as well as paying back to the investors.
Therefore, both transactions will be recorded in the financing activities of cash flows.
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If managers of foreign subsidiaries make decisions that maximize the values of their respective subsidiaries, they automatically maximize the value of the entire corporation.
The given statement is false because maximizing the value of individual foreign subsidiaries does not automatically guarantee the maximization of the value of the entire corporation, as there may be conflicting goals and trade-offs among subsidiaries and the overall corporate strategy.
While maximizing the value of individual foreign subsidiaries may contribute to the overall value of a corporation to some extent, it does not automatically guarantee the maximization of the value of the entire corporation. The value of a corporation is influenced by various factors, including the performance and coordination of all its subsidiaries, market conditions, strategic decisions at the corporate level, and the overall financial health of the organization. It requires a holistic approach and coordination among different subsidiaries and business units to achieve the overall corporate objectives and maximize the value of the entire corporation. Simply maximizing the values of individual subsidiaries may not necessarily lead to the optimal outcome for the corporation as a whole.
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What is pre instruction assessment?.
Pre-assessment gives instructors a means to gain crucial details about what students know and can perform before teaching, as well as about their interests and learning preferences. Pre-assessments may consist of activities to be completed using paper and pencil or maybe performance-based.
Before starting a learning activity, diagnostic tests, often called pre-assessments, give teachers insight into students' prior knowledge and beliefs. They also offer a starting point for determining how much learning has occurred when the learning activity is over.
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When is a door not a door?
Answer:
When it's ajar.
Explanation:
ajar
Lack of downtime negative or positive
Paul's Programming Services paid $100 dividends. Show how to use T-accounts to record this transaction by selecting the correct answer below. Multiple choice question. Credit Cash; debit Common stock. Debit Dividends; credit Cash. Debit Cash; credit Dividends expense. Credit Cash; debit Retained earnings.
Answer:debit dividends; credit cash
Explanation:
In T-accounts, the transaction is recorded as debit Dividends; credit Cash. Option (b) is correct.
What are T accounts?A collection of financial records that employ double-entry accounting are referred to informally as T-accounts. Because of the way the bookkeeping entries are organized, the account is known as a T-account.
A corporation's payout of profits to its shareholders is known as a dividend. A corporation that experiences a profit or surplus is able to distribute a portion of that profit to its shareholders in the form of a dividend. Any remaining funds are seized and reinvested in the company (called retained earnings). A corporation is typically not allowed to pay a dividend out of its capital. therefore, both the current year's profit and the retained earnings from prior years are eligible for distribution.
Therefore, Option (b) is correct.
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if you believe that apple bought beats electronics to bring jimmy lovine and dr. dre into apple, what are the potential downsides of this multibillion-dollar "acqui-hire"?
If Apple bought Beats Electronics to bring Jimmy Iovine and Dr. Dre into the company, there are a few potential downsides to this multibillion-dollar "acqui-hire."
Firstly, the cost of the acquisition is high, which means that there is a significant financial risk for Apple. If the acquisition fails to deliver the expected results, it could result in significant financial losses.Secondly, integrating a new company and its personnel into an existing organizational structure can be challenging, especially when the culture and values of the two companies differ. It may take time for the new team to adjust and work cohesively with Apple's existing team, leading to a loss of productivity and disruption of operations.Thirdly, if Apple is relying solely on the reputation and star power of Jimmy Iovine and Dr. Dre, it may result in a lack of innovation in the long run. The company could become too focused on the personalities of its new hires, rather than on creating new and innovative products that meet the needs of its customers.
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areamany stockholders choose to invest in preferred stock because a.dividends are distributed to preferred stockholders before common stockholders. b.the preferred dividend distributions are generally increased each year. c.preferred stock includes the right to participate in management decisions through voting privileges. d.preferred stock can always be converted into common stock at the stockholder's option.
Because preferred dividend payouts are increased overall each year, numerous stockholders want to invest throughout preferred stock.
What exactly are stockholders?
A stockholder is a company shareholder or an individual who has at least one proportion of an organization's capital stock. Stockholders are the majority of the company's owners, and they typically acquire the company's success in the form of a higher stock valuation.
What are the two types of stockholders?
A company's shareholders are classified as either common or preferred. They are the shareholders of a corporation's common stock, as the name implies. These individuals have voting rights in matters pertaining to the company.
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Lindsay is a personal trainer who works with athletes to get them ready for their events. She helps them learn how to strengthen their muscles and keep their bodies in prime condition so that they will perform at their best. The pathway in the Education and Training cluster that Lindsay’s career falls into is _____.
Answer: Fitness trainer
Explanation:
A fitness trainer is an individual who is responsible for the sole purpose of training individuals on how they can keep their body in fit condition, either for competition reasons, for their health sake or a personal decision by them. Most fitness trainer are paid and they are professionals who have undergone training either by education or have been taught by someone to carry out such practise
Answer:
C. Professionals Support Services
Explanation:
Sam's has a market price per share of $30 and a dividends per share of $3. What is the dividend yield ratio?
a. 10%
b. 110%
c. 1000%
d. 90%
Sam's has a market price per share of $30 and a dividends per share of $3 the dividend yield ratio is 10%. hence the correct option is A.
The dividend yield ratio is calculated by dividing the dividends per share by the market price per share and multiplying by 100 to express it as a percentage. In this case, the dividend yield ratio would be:
Dividend yield ratio = (Dividends per share / Market price per share) * 100
Dividend yield ratio = ($3 / $30) * 100
Dividend yield ratio = 0.1 * 100
Dividend yield ratio = 10%
Therefore, the correct option is (a) 10%.
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________ are households that are paid for recording their purchases and/or media viewing habits in diaries that are combined with data from thousands of households and analyzed by data providers. A) Consumer panels B) Data generators C) Quota samples D) Probability samples E) Lifetime value profiles
A) Consumer panels are households that are paid for recording their purchases and/or media viewing habits in diaries that are combined with data from thousands of households and analyzed by data providers
Consumer panels are groups of households that are recruited and paid to record their purchases and/or media viewing habits in diaries or through other data collection methods. This data is then combined with information from thousands of other households to create a representative sample of the population, which can be analyzed by data providers to gain insights into consumer behavior. Consumer panels are often used in market research to track trends, understand consumer preferences, and inform business decisions. These panels may be recruited based on various criteria, such as demographic characteristics, geographic location, or purchasing behavior, and can provide valuable data for companies looking to improve their products or marketing strategies.
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Should a business email contain a salutation?
Answer:
A business email is meant in a professional way. It can be sought out as multiple different approaches, one of them, in this case, can include a friendly and welcoming business approach, including a salutation. All in all, it is up to the writer, there is no fully correct answer. Hope this helps :)
What does the term 'user
experience' refer to regarding a
website?
A. the overall ease of navigation and ability to
purchase on a company's website
B. the general experience a customer has when
using a product of a business
C. the customer experience when dealing with
customer service representatives
Answer:b
Explanation:
4. Name a way that your family interacts in the markets for the factors of production and a way that it interacts in the markets for
goods and services.
Answer:
One way my family interacts in the markets for the factors of production is by hiring labor, such as hiring a cleaner or a landscaper to maintain our home. Another way is by renting land or property, such as renting a vacation home or storage unit.
In the markets for goods and services, my family interacts by purchasing goods and services, such as buying groceries at a supermarket, purchasing clothing from a retail store, or paying for a meal at a restaurant.
A company in Maine sends lobsters to France What is Maine doing? Select three options
Answer:
Following are the answer to this question:
Explanation:
Some information is missing in the question. So, the correct choices can be described as follows:
i) practicing international trade
ii) exporting products
iii) participating in globalization
Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine. It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.Finally, it participates in the process of globalization because the company operates internationally by selling its products.Answer:
B. practicing international trade
C. exporting products
D. participating in globalization
What are the 4 main types of orders in stock market?
The 4 main types of trade order in stock market are:
Market orderLimit orderStop orderStop limit orderStock Market or Trade Order refers to the instrcution given by an investor to his broker to buy or sell the investor's share or security on his behalf through a trading platform.
Market order refers to an order to buy or sell shares immediately without any guaranteee on the execution price. Market order will be executed at or near the current bid or ask price. A broker will buy or sell an investor's shares at the current market price and does not control the amount paid for the share purchased or sale.
Limit order refers to an order to buy or sales of stock at a specific set of price or better. Limit order allows an investor to buy or sell shares at his desired price and avoid purchasing or selling price at his undesired price. Limit order will only be executed if the market price in line with the limit oder price. Limit order might come in a form of buy limit or sell limit orders.
Stop order would be executed if the price market reaches the specific desired price, or stop price. Stop order will trigger market order once the market price reaches the stop price. Stop market is used to avoid larger losses or to lock in profits.
Stop-limit order refers to a conditional order that requires placing two prices - the stop price and the limit price. Stop-limit order will trigger limit order when the stock hits the stop price. Stop-limit order will guarantee a price limit and guarantees an order execution but not necessarily at the stop order price.
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______ financial statements enable one to compare firms that differ in size.
Common size financial statements are made to make it easier to compare a company to its competitors and to draw attention
What classification of analysis falls under a normal financial statement size?
Common size analysis, commonly referred to as vertical analysis, is a technique used by financial managers to review financial statements. The proportion of the base amount for that period of time to assess the financial statements is provided for each line item.
What type of financial statement are they, out of the four?
The four primary types of financial statements used by for-profit businesses are the balance sheet, the income statement, the statement of cash flow, and the statement of retained earnings.
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venta al contado de mercancia por $2.300.000=; iva: 19%: cual de las siguientes cuentas no corresponde
a. de mercancia
b. comercio al por mayor y por menor
c. iva
d. caja
Answer:
La cuenta que no corresponde al registro contable planteado es la B, comercio al por mayor y por menor.
Esto es así porque, al realizarse una venta al contado de mercancía por $2.300.000, con un IVA adicional del 19%, se están entregando mercancías, con lo cual se registra dicha salida de productos en el debe (opción A), ingresa un dinero correspondiente a IVA (opción C), y a su vez ingresa un monto de dinero que engrosará la caja del comercio, registrándose en el haber (opción D).
When companies deploy supply chain management systems, they are hoping to experience all of the following benefits EXCEPT:a. improved customer service.b. reduced inventory costs.c. improved coordination of suppliers.d. accelerated product development and innovation.e. increased time to market.
When companies deploy supply chain management systems, they typically expect to experience multiple benefits, such as improved customer service, reduced inventory costs, improved coordination of suppliers, accelerated product development and innovation, and increased time to market.
However, the question is asking for the exception to these benefits, meaning which one of these benefits is not typically expected to result from deploying a supply chain management system.
Based on this, the answer to the question is e. increased time to market. While supply chain management systems can certainly help improve overall efficiency and reduce lead times, they are not necessarily designed specifically to increase time to market. Rather, the focus of supply chain management systems is typically on improving coordination and communication across the entire supply chain, from raw material suppliers to end customers.
In conclusion, while companies can expect to experience a wide range of benefits from deploying supply chain management systems, increased time to market is not typically one of them. By deploying these systems, companies can hope to achieve better coordination, more efficient inventory management, improved customer service, and increased innovation.
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(Twent ono sto ste vom BoY) Soud ai atnomato growoltat s to rainw 12. Joann Swanson owns and operates a restaurant. Her fixed costs are $17,000 per month. She serves luncheons and dinners. The average total bill (excluding tax and tip) is $18 per customer. Swanson's present variable costs average $9.50 per meal.comsandalb des eft a. How many meals must she serve to attain a profit before taxes of $8,500 per month? s gnilise bexi 3672 stopni betegn b. What is the break-even point in the number of meals served per month? ixstnos 21203 thevole 20200 106Vel91 976 21200 c. Suppose Swanson's rent and other fixed costs rise to a total of $25,420 per month and variable costs also rise to $11.40 per meal. If Swanson increases her average price to ($22 how many meals must she serve to make $8,500 profit per month. DE bosn elabo Us 3257 do ano zibel 22enieud gmidem ned W .d Inemyss rose 215eh ney91 291622'inamgea rose no besed amongsa 2200 Isnoitibble head of valids 229nizud of balonolis ad ton bluoria ajzoo boxil nommo 29200100 ded. Assume the same situation describing in part 3. Swanson's accountant tells her she may lose 15% of her customers if she increases her prices. If this should happen, what would be Swanson's profit per month? Assume that the restaurant had been serving 3,000 customers per month.
Part a To attain a profit before taxes of $8,500 per month, the number of meals that Joann Swanson must serve will be calculated as follows; Revenue = (Average total bill x Number of meals) - Variable costNumber of meals = (Fixed cost + Profit) / (Revenue - Variable cost)Fixed cost = $17,000 per monthAverage total bill (excluding tax and tip) = $18 per customerVariable costs average $9.50 per mealProfit = $8,500 per monthRevenue = (Average total bill x Number of meals) - Variable cost + ProfitThe profit will not be added since it is already part of the revenue equation.
Revenue = ($18 x Number of meals) - $9.50 x Number of meals + $17,000 + $8,500Number of meals = ($17,000 + $8,500) / ($18 - $9.50)Number of meals = 3669.01 mealsJoann Swanson will have to serve 3,669.01 meals to attain a profit before taxes of $8,500 per month.
To calculate the break-even point in the number of meals served per month, the following formula will be used:Break-even point = Fixed cost / (Average total bill - Variable cost)Fixed cost = $17,000 per monthAverage total bill (excluding tax and tip) = $18 per customerVariable costs average $9.50 per mealBreak-even point = $17,000 / ($18 - $9.50)Break-even point = 2120.51 mealsJoann Swanson will have to serve 2,120.51 meals to reach the break-even point.
Thus, the new number of customers would be;New number of customers = 3,000 - (15/100) x 3,000New number of customers = 2,550 customersThe new revenue and profit will be calculated using the following formula;Revenue = (Average total bill x New number of customers) - Variable costProfit = Revenue - Fixed cost - Variable costRevenue = ($22 x 2,550) - $11.40 x 2,550Revenue = $49,590Profit = $49,590 - $25,420 - $11.40 x 2,550Profit = $5,080.
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WILL GIVE BRAINLY!!!!!!!!
A shift in demand may occur within a community in all of the following cases, except a change in __________.
A. birthrate
B. immigration
C. political leadership
D. age demographic
Answer:
C. political leadership
Explanation:
A shift in the demand curve occurs in many cases except for a change in political leadership.
What do you mean by demand?Demand refers to the ability, or willingness to buy a product, goods, or services.
A change in birthrate, immigration, and age demographic are the reasons for shifting in demand but a change in political leadership does not affect the demand.
Therefore, C is the correct option.
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Match each model with its matching example
Sketch
Simulation
Infographic
Graph
A) Pictures of car design options with special highlights
B) An imitation on how to drive a car
C) Results of car safety tests
D) A detailed illustration of a car design
Answer:
Sketch = A detailed illustration of a car design
Simulation = An imitation on how to drive a car
Infographic = Pictures of car design options with special highlights
Graph = Results of car safety tests
I just took the test and got all four points
Sketch = A detailed illustration of a car design, Simulation = An imitation on how to drive a car, Infographic = Pictures of car design options with special highlights, Graph = Results of car safety tests.
What is a Sketch?A rough drawing sometimes made as an initial study that captures the key features of an object or situation. An early version, as for a literary work. A brief synopsis or description.
A rapid drawing or painting called a sketch lacks finer details. Sketch is another word for drawing a preliminary draft of something. A sketch could also be a quick dramatic performance. A sketch is a preliminary design created by a clothing designer before moving on to the final product.
A sketch is a series of brief, straightforward drawings. An example of a sketch would be a drawing of a garment that the designer plans to sew. A person with humour.
Thus, the statements are matched in the above sentence.
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Please help!!!
A major revision task involves assessing the clarity of your message. A clear message is one that is easily
understood. Describe three techniques that can improve the clarity of your writing. Include an example of each
technique
Answer:
1) Know what you want to say
2) Know who you're talking to
3) Define unfamiliar words
4) Create a sentence outline
5) Write one-sentence paragraphs
6) Make your sentences short
7) Don't use long words
8) Leverage writing tools