Harry's Home Services has current liabilities of $450,000, current assets of $500,000, and profits of $80,000. Which of the following is the current ratio for Harry's business?
a. 0.17
b. 0.9
c. 1.11
d. 16

Answers

Answer 1

The current ratio for Harry's Home Services can be calculated by dividing current assets by current liabilities. Given that Harry's has current liabilities of $450,000 and current assets of $500,000, the current ratio is 1.11.

The current ratio is a financial metric that measures a company's ability to meet its short-term obligations using its current assets. It is calculated by dividing current assets by current liabilities. In this case, Harry's Home Services has current liabilities of $450,000 and current assets of $500,000.

Current Ratio = Current Assets / Current Liabilities

Current Ratio = $500,000 / $450,000

Current Ratio = 1.11

Therefore, the current ratio for Harry's Home Services is 1.11. This means that the company has $1.11 in current assets for every $1 of current liabilities. A current ratio greater than 1 indicates that the company has sufficient current assets to cover its short-term obligations, which is generally considered favorable.

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Related Questions


Mei starts a job with a $72,000 annual salary that is paid twice a
month. How much should she expect her gross pay to be on her
first paycheck?

Answers

$3000

Explanation:

just diveide the number by 24

Political culture is an example in the ICMA's Financial Trend Monitoring Systems of: A) Organizational factors. B) Financial factors, C) Management practices and legislative policies. D) None of the above.

Answers

Political culture is an example of management practices and legislative policies in the ICMA's Financial Trend Monitoring Systems. Correct option is C.

It refers to the beliefs, attitudes, values, and behaviors that influence the political system's functioning and decision-making processes. Political culture affects the level of government spending, taxation, debt, and investment policies. For example, a political culture that values fiscal responsibility and low taxes may result in more conservative financial policies. In contrast, a political culture that values social welfare and public services may lead to more liberal financial policies. Therefore, understanding the political culture of a community is crucial in predicting and analyzing financial trends and making informed financial decisions.


These factors encompass the values, beliefs, and norms within a political system or institution, which can influence decision-making and policy implementation. Understanding political culture is essential to assess the impact of organizational factors on financial trends and to anticipate potential changes that may affect an organization's fiscal health.

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how much cash can you deposit without raising suspicion

Answers

Anything less than $10,000

HURRY! 20 points! Which of the following is the most important requirement for career advancement in art design?


creativity

interpersonal skills

experience

education

Answers

Answer:

creativity

Explanation:

i'm in art design and my teacher always pushes for creativity and neatness

Answer:

creativity or skill

Explanation:

What do i start my first body paragraph on how roller coasters apply to newtons first law?

Answers

Answer:

Have you ever rode a rollercoaster before? Newton’s first law, The Law of Inertia, applies to these rollercoasters without you even knowing! The Law of Inertia states that whatever stays at rest remains at rest. When you first board a rollercoaster, it remains at rest and does not move unless a force is applied like when the rollercoaster is moving up a high slope called lift hills.

Explanation:

the capital budgeting evaluation method that considers only the recovery of the initial investment and ignores additional cash flows and the timing of the cash flows is the:

Answers

The capital budgeting evaluation method that considers only the recovery of the initial investment and ignores additional cash flows and the timing of the cash flows is the payback method.

What is the payback method?

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period = Amount invested / cash flow

For example, if 200,000 is invested in project. the cash flows is 10,000 for the next fifty years, payback = 200,000 / 10,000 = 20 years

Cash flows after year 20 would be ignored

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The capital budgeting evaluation method that considers only the recovery of the initial investment and ignores additional cash flows and the timing of the cash flows is the payback method.

What is payback method?

The payback method is a budget evaluating method which evaluates how long it takes to recover the initial investment. The payback period usually in years is the time taken to recover enough cash receipts from an investment to cover the cash outflow(s) for the investment.

Therefore, the payback method ignores all cash flows that occur after the payback period and also the time value of money.

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how can a reduction in taxation be used to influence aggregate demand​

Answers

Answer:

shifting the aggregate demand curve to the right.

Explanation:

6. In 2021, Medicare patients’ total shoulder implant cases bring $750,000 into the system. Total costs attributable to these patients’ encounters is $650,000. a. What is the profit ($) and margin (%) in 2021? b. Suppose that for 2022, St. Elizabeth negotiates a decrease to the cost of the shoulder implants such that the total costs of the encounters decrease by 5%. a. If all other costs remain the same in 2022 as they were in 2021, what are the 2022 total costs? b. If net revenue remains the same in 2022 as they were in 2021, what will the new profit for 2022 be? c. What is the percentage increase in profit from 2021 to 2022 for this sample set?

Answers

The profit for 2021 is $100,000, with a profit margin of 13.33%. This is calculated by subtracting total costs from total revenue and dividing the profit by total revenue.

b. If the total costs decrease by 5% in 2022, the new total costs will be $617,500. Assuming net revenue remains the same in 2022, the new profit will be $132,500, which is calculated by subtracting the new total costs from net revenue.

The percentage increase in profit from 2021 to 2022 is 32.5%, calculated by dividing the difference in profits by the 2021 profit and multiplying by 100. This indicates a significant improvement in profitability for the sample set.

In summary, the new total costs in 2022 would be $617,500, the new profit in 2022 would be $132,500, and there is a 32.5% increase in profit from 2021 to 2022 for this particular scenario.

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According to Alexander Hamilton, what actions are necessary to ensure the country's economic stability?Answer choicesa. Part of the trade embargo against Great Britain.b. Elimination of consumption tax.c. Creation of a trade alliance with France.d. National bank establishment.

Answers

The answer is option b. Elimination of consumption tax, According to Alexander Hamilton, actions that are necessary to ensure the country's economic stability are elimination of consumption tax.

A simple tax definition is what?

A tax is a forced payment or levy that is gathered by local, state, and federal governments from citizens or companies to pay for essential public goods, services, and activities.

What does tax primarily serve?

Taxation's primary purpose is to provide money for public spending. Over time, different defenses and explanations for taxes have been put forth. Early taxes supported the aristocracy and were used to assemble armies and construct fortifications.

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1. From each paycheck of your afterschool job, you're able to save $45 toward the coat. You get paid twice a
month. How many months will it take you to save enough money to buy your North Face jacket?Using this strategy, how will inflation impact your ability to buy the jacket?

Answers

Answer:

1. 4 months.

2. Makes jacket more expensive

Explanation:

You get paid twice a month which means that you can save:

= 45 * 2

= $90 per month

The jacket is $350 so it will take:

= 350/90

= 3.88

= 4 months to afford it.

4 * 90 = $360

Assuming there is inflation in those 4 months, it will make the price of the jacket rise and if the inflation rate is such that the price rises past $360, you will be unable to afford the jacket at that point in time and will have to wait to be paid again.

a profit-maximizing firm in a competitive market is currently producing and selling 1000 units of output. it has an average revenue of $13, and an average cost of $8. what is its marginal revenue?

Answers

The marginal revenue of the company in a competitive market is $5.

What is marginal revenue?

The increase in total revenue that results from increasing product sales by one unit is referred to as marginal revenue, a key concept in microeconomics. The total benefits a company gained from the quantity of a good or service produced during the prior period and the present period with an additional unit increase in the rate of production must be compared in order to determine the value of marginal revenue. In the context of a firm, marginal revenue is a key instrument for economic decision-making, with marginal cost also taken into account. The amount a company can charge a customer is equivalent to the additional revenue from selling one more unit of a good in a market with perfect competition.

Marginal revenue=$13-$8=$5

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Which of the following is a factor that spurs demand for technologically advanced products?A) An increase in the size of the global unskilled labor forceB) Large fiscal deficits in developed nationsC) The increase in the average age in EuropeD) The privatization of government-owned industriesE) The opening of the Trans-Arctic route

Answers

The factor that spurs demand for technologically advanced products is the opening of new markets and opportunities.

For example, the opening of the Trans-Arctic route can lead to increased demand for technology that can withstand the extreme weather conditions and facilitate transportation. Additionally, the rise of emerging economies with growing middle-class populations and their increasing adoption of technology can also drive demand for technologically advanced products. Furthermore, the need for efficiency and productivity in industries such as healthcare, manufacturing, and transportation can fuel the demand for technological innovation. Therefore, it can be inferred that factors such as market growth, emerging economies, industry demands, and societal trends are all contributing factors that spur demand for technologically advanced products.

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Select the correct answer.
George, the market analyst of his company, will be calculating the company's sales forecast for the next month (May). He has decided to use the moving averages method of sales forecasting to complete his task. The sales for the last four months are $30,000 (April). $35,000 (March), $25,000 (February), and $30,000 (January). If George uses the formula to calculate moving averages, what sales forecast figure will he arrive at?

a.25000
b.30000
c.20000
d.35000​

Answers

Answer:

b.30000

Explanation:

The moving average follows the trend of data to forecast the next value.

the formula applicable in moving average is  = (n1 + n2 + n3 + ...) / n

For George, the moving average will be

=$30,000 + $35,000 +$25,000 + $30,000/4

=$120,000/4

=$30,000

brice is going to purchase a hi-def, flat-screen tv. he has decided on everything except the screen size. the unit with the 42-inch screen costs $600 while the unit with the 47-inch screen costs $750. in making this decision, which concept should brice use?

Answers

Brice should use the concept of Marginal Utility.

Marginal Utility

It is the increased satisfaction that a consumer can get when having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase. Positive marginal utility occurs when the consumption of an item increases the total utility. Negative marginal utility occurs when the consumption of one more unit decreases the overall utility.

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does 1 plus 1 = 65 yes or no

Answers

Answer:

No 1 + 1 = 2

Explanation:

Lol

There is a dollar sale on neckties. You buy 10. Estimate your consumer surplus if you would have been willing to pay $10 for the first tie, $9 for second, $8 for the third, and so forth.

A reasonable estimate of your consumer surplus from the ten ties is

Answers

Answer: 45

Explanation: I just answered it and got it correct

10+9+8+7+6+5+4+3+2+1= 55

Subtract 10 = 45 Total

10 is the $1 dollar difference times the ten items

Answer:45

Explanation:

what+is+the+present+value+of+the+following+cash+flow+stream+at+a+rate+of+11.00%?+years+0+1+2+3+4+cf's+$0+$75+$225+$0+$300+$523.93+$362.72+$447.80+$465.71

Answers

The present value of the given cash flow stream at a rate of 11.00% is approximately $1,380.81.

To calculate the present value of the cash flow stream at a rate of 11.00%, we need to discount each cash flow to its present value and then sum them up. Here's how you can calculate it:

Year 0: $0 (No cash flow)

Year 1: $75

Year 2: $225

Year 3: $0

Year 4: $300

Year 5: $523.93

Year 6: $362.72

Year 7: $447.80

Year 8: $465.71

Using the formula for present value (PV), where CF is the cash flow and r is the discount rate:

PV = CF / (1 + r)^n

Let's calculate the present value for each cash flow and sum them up:

PV = $0 / (1 + 0.11)^0 + $75 / (1 + 0.11)^1 + $225 / (1 + 0.11)^2 + $0 / (1 + 0.11)^3 + $300 / (1 + 0.11)^4 + $523.93 / (1 + 0.11)^5 + $362.72 / (1 + 0.11)^6 + $447.80 / (1 + 0.11)^7 + $465.71 / (1 + 0.11)^8

Calculating each term:

PV = $0 + $67.57 + $178.89 + $0 + $203.31 + $307.24 + $183.83 + $223.46 + $216.51

Adding up the terms:

PV ≈ $1,380.81

Therefore, the present value of the given cash flow stream at a rate of 11.00% is approximately $1,380.81.

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1. If you are an account holder, is it necessary to know how to prepare bank documents related to your account? cite an example.​

Answers

Bank documentation consists of a wide range of documents, including bank certificates of accounts and balances, statements of accounts and transactions, certificates of constituted deposits, contracts for account establishment or deposit constitution, and so on.

You will require the following information: This is your Social Security number. A legitimate government-issued photo ID, such as a driver's license, passport, or state or military identification card. To activate your account, you must make a minimum deposit of $25.

Bank reconciliation statements verify that payments have been processed and cash collected has been deposited. The reconciliation statement aids in identifying discrepancies between the bank balance and the book balance so that appropriate changes or repairs can be made.

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If an adjusting entry for interest owed is recorded then the company must have issued:.

Answers

Debit your Interest Expense account and credit your Accumulated Interest Payable account to record the accrued interest throughout an accounting period.

What type of adjustment is interest payable?

Interest Payable is a liability account that shows how much money the company owes in interest as of the balance sheet date.

Accountants understand that if a corporation has a balance in Notes Payable, it should record some amount in both Interest Expense and Interest Payable.

Thus,  Accumulated Interest Payable account to record the accrued interest .

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________ is a process by which strategies and policies are put into action through the development of programs, budgets, and procedures.

Answers

The process by which strategies and policies are put into action through the development of programs, budgets, and procedures is called Strategy implementation.

Strategy implementation is the process through which plans are converted to actions. It is a part of the strategic management process through which all the planning, strategizing, and policy making bears fruit. Detailed programs are created, budgets are calculated and allocated,short and long-term outcomes are assumed and step by step procedures are outlined to ensure that tasks are carried out efficiently and effectively.

Following these steps can lead to successful strategy implementation.

Communicate goals: Clearly identify and align the goals and key variables of your strategy.Engage your team:Create focus among your team and drive accountability by delegating work.Execute your plan: Allocate necessary resources and put your strategic plan into action.Stay agile:Shift your approach to work around unforeseen issues as they arise.Get closure:Connect with everyone involved in the project to confirm the completion of their work.Conduct retrospective:Reflect on the implemented strategy to uncover lessons learned for future projects.

Therefore, strategy management is a process by which policies and strategies are put into to take action through the development of budgets, procedures, and programs .

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Imagine that you are a manager in a restaurant. Each month you have to purchase supplies for the restaurant. A meat supplier offers you a kickback of 10% if you purchase meat from him, even though his prices are slightly higher than the competitors. What would you do? Why?

Answers

Answer:

i would say that his prices were a little high and ask for 20% off if he cant give that off then i would just say okay. why? because that's the plight thing to do.

Explanation:

hope this help.

brainiest please

Answer:

I hope this helps :)

Explanation:

Well I feel like I would purchase the meat based on quality. Of course it's going to cost me more, but you can't go wrong with better product. If the other places are selling meat for less, but the quality is bad what's the point. I definatly would choose quality over quanity when it comes to the purchase of meat.

Risky Business Insurance Company insures business clients against unexpected disasters such as tornadoes and floods. The company operates in several regions in the U.S., and negotiates contracts following standard insurance industry guidelines. A strategic business guideline that the company would follow is

Answers

A strategic business guideline that the company would follow is: C. The company's clients should be dispersed among several geographic areas so that the lack of natural disasters in some areas will compensate for more natural disasters in other areas.

What is insurance?

Insurance can be defined as the coverage that help to cover expenses or cost incase of unforeseen or unexpected circumstances such as fire accident, theft etc.

Hence, the strategic business guideline that the company would follow is option C which stated that the company's clients should be dispersed among several geographic areas so that the lack of natural disasters in some areas will compensate for more natural disasters in other areas.

The missing options are:

A. The amount of loss should be equal to or less than a loss covered by a competitor company.

B. There should be documentation that clearly attests to the fact that the loss of buildings, equipment, and even lives is not measurable.

C. The company's clients should be dispersed among several geographic areas so that the lack of natural disasters in some areas will compensate for more natural disasters in other areas.

D. All insurance companies that sell similar insurance would equally divide the number of claims, so as not to compete unfairly against each other.

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4 Select the correct answer. Which of these components is a part of the Central Processing Unit (CPU) of a computer?​

Answers

Answer:

Control unit

Explanation:

Is a part of the "Central Ptocessing Unit (CPU)" of a computar. It is considerado a a "heart of the CPU.

is it possible to have publicity on your own website why or why not

Answers

Yes it is possible for you to have publicity on your website.

Is it possible to have publicity on your own website why or why not?

Yes, it is possible to have publicity on your own website. Publicity refers to any form of promotion or advertising, and a website can be used as a platform to promote and advertise a business, product, or service. By having a website, you can create content such as articles, videos, images, and infographics that can be used to showcase your products or services and attract visitors to your site.

Additionally, you can also use various digital marketing techniques such as search engine optimization, pay-per-click advertising, social media marketing, and email marketing to promote your website and attract more visitors. In summary, having a website gives you a powerful platform to promote your business and attract potential customers.

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Look at the poster. poster about manufacturing production. who is the target audience of this poster? people who are working in factories people who are questioning the war people who are fighting on the front lines people who are seeking employment

Answers

The target audience for this poster about manufacturing production is most likely people who are working in factories.

Who was the target of this poster on manufacturing?

The poster has a target audience of those who are already working in factories as a way of encouraging them to produce more goods.

It does this by showing the effects of reducing the amount of time that the person works in a day leading to less production.

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Answer:

A. people who are working in factories

Explanation:

Correct on Edge 2022!!!

Can Someone please help me quickly ASAP

2. Choose a well-known company, and describe at least three qualities that you associate with that company or brand. Explain why you associate those qualities with that brand. (1-6 sentences. 3.0 points) TIP: This can be the same company you used in question 1 above, or it can be different.

Answers

Answer:

Do like Mc Donalds or Sony maybe Marvel Studios

Explanation:

those 3 companies are huge and can describe easily

Answer:

Mcdonalds this is big company they are all over the globe. They are a huge fast food chain. For a cheap and easy meal,the convenience is pretty good, granted there everywhere.

Explanation:

The first question a market researcher should ask when considering a research study is:________

Answers

The first question a market researcher should ask when considering a research study is will the research be useful.

Market research is a systematic effort to learn as much as possible about target markets and consumers, starting with who they are. It is a crucial element of business strategy and a key contributor to keeping competitiveness. Market research gives you vital knowledge about your industry and competitive environment. It can inform you of how the target clients and customers you want to reach view your business. Making note of the most recent data published on a particular topic after conducting an online search on it is an example of market research.

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Figure: A Real Shock
Reference: Ref 18-2 (37-2)
(Figure: A Real Shock) Refer to the figure. After a real shock, the economy is operating at point Y in the figure. In the presence of crowding out, fiscal policy that would have shifted aggregate demand from AD 0 to AD 2 will only move the economy to point:
(ALSO)
(Figure: A Real Shock) Refer to the figure. After a real shock, the economy is operating at point Y in the figure. In the presence of crowding out, fiscal policy that would have shifted aggregate demand from AD0 to AD2 will only move the economy to point:
X

Answers

In presence of crowding out, the fiscal policy that would have shifted aggregate demand from AD0 to AD2 will move economy to point X.

What is aggregate demand?

The overall demand for final products and services in an economy at a specific time is referred to as aggregate demand, or AD, in the field of macroeconomics. To depict the aggregate demand curve, the price level is displayed on the vertical axis and real production is depicted on the horizontal axis. The Sonnenschein-Mantel-Debreu findings refute the idea that the curve slopes downward and show that one cannot statistically predict the slope of the curve from presumptions about individual rational behavior. As a result of financial market equilibrium, the Keynes effect states that a higher price level indicates a smaller real money supply and higher interest rates. Lower overall demand for commodities results from this decreased investment spending on new physical capital.

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who is liable for the withholding on the sale of a property owned by a foreigner?

Answers

In general, the buyer of the property is responsible for withholding a portion of the sale proceeds to cover any taxes owed by the foreign seller.

This withholding amount is typically 15% of the sale price but can vary depending on the specific circumstances and country involved.

However, it is important to note that the foreign seller may be able to reduce or eliminate this withholding through the use of tax treaties or other exemptions.

However, It is recommended that both the buyer and seller seek the advice of qualified professionals to ensure compliance with all relevant laws and regulations.

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Liquidating Partnerships-Deficiency Prior to liquidating their partnership, Heller and Warren had capital accounts of $128,000 and $67,000, respectively. The partnership as were sold for $49,008. The parte ha no liabilities. Heller and Warren share income and losses equally Required: a. Determine the amount of Warren's deficiency b. Determine the amount datributed to Heller assuming that Warren is unable to satisfy the deficiency

Answers

a. The amount of Warren's deficiency is $17,992.

b. The amount distributed to Heller is $110,008.

a. To determine the amount of Warren's deficiency, we need to calculate the difference between Warren's capital account and his share of the partnership assets.

Warren's capital account: $67,000

Share of partnership assets: $49,008 (assuming this is the total value of partnership assets)

Deficiency = Warren's capital account - Share of partnership assets

Deficiency = $67,000 - $49,008

Deficiency = $17,992

Therefore, Warren's deficiency is $17,992.

b. To determine the amount distributed to Heller assuming that Warren is unable to satisfy the deficiency, we subtract the deficiency from Heller's capital account.

Heller's capital account: $128,000

Deficiency: $17,992

Amount distributed to Heller = Heller's capital account - Deficiency

Amount distributed to Heller = $128,000 - $17,992

Amount distributed to Heller = $110,008

Therefore, assuming Warren is unable to satisfy the deficiency, the amount distributed to Heller is $110,008.

In conclusion, Warren's deficiency is $17,992, and assuming Warren is unable to satisfy the deficiency, Heller would receive a distribution of $110,008.

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The given curve is rotated about the x-axis. Set up, but do not evaluate, an integral for the area of the resulting surface by integrating (a) with respect to x and (b) with respect to Y = x 1x 8. Integrate with respect to x. _1^8(_ ) dx Integrate with respect to y._1(_ ) dy If an individual is infected by two different antigens at the same time: Select a closed-loop control system that you encounter in yourlife (can be from your home, neighborhood, work, etc.). Explainwhat it does and where it is found. Describe the components of thesystem SOMEBODY BRO PLEASE HELP ME OUT. Find the measures of the numbered angles in each isosceles trapezoid. DUED BY 11:59pmmmmm a website, available to the general public, permits anyone to review specific measures of quality care for a particular hospital, is called Absorption costing measures operating profit as: rev: 08_13_2019_QC_CS-174994 Multiple Choice Sales less variable cost of goods sold. Sales less unit level costs spent on goods sold. 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Many enlightenment thinkers were writing their views on government inresponse to what?O The French RevolutionO Absolute Rule of MonarchsO Reformation of the Catholic ChurchO All of the above 50 points in pea plants yellow seeds are dominant to green seeds. if two heterozygous plants are crossed what is the resulting genotypic ratio?A. 3Rr: 1rrB. 1RR: 2Rr: 1rrC. 2RR: 2rrD. 3RR: 1rr Answer ASAP!! Please! Will give brainliest! Read the excerpts from "Wrongful Convictions by John R. Firman and Just Mercy by Bryan Stevenson. "Wrongful Convictions [In addition, we need to look at] post-arrest case review. . . . The team will sit down and say, "Let us go back and look for any potential red flags, where we can say that even though weve hung our hat on this case and we think this is the right person, this is the right offender, then the bottom line is, lets go back, lets stop, lets just stop everything, get the checklist outjust like pilots do, just like doctors doand say, What do we have here? What does this case really look like?Just MercyAn absence of compassion can corrupt the decency of a community, a state, a nation. 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