ohnson company issued 900 shares of no-par common stock for $15,300. which of the following journal entries would be made if the stock has no stated value?

Answers

Answer 1

The journal entry for the Ohnson Company for the issues shares is as follows:

Cash A/c....Dr. $ 15,300

Common Stock-No-par Value A/c.....Cr. $15,300

In a corporation, common stock is issued to the majority of shareholders. In contrast to their preferred stock counterparts, holders of common stock have certain rights. Rather than receive monthly dividends, common stockholders gain value from their shares as the firm expands. These shareholders have voting rights. As one share is essentially equal to one vote on the company's board of directors, people with more shares have a greater say in its business activities.

The Journal entry is as follows:

Cash A/c....Dr. $ 15,300

Common Stock-No-par Value A/c.....Cr. $15,300

The no-par common stock means there is no face value assigned to the stock. All the money paid by the shareholder is recorded as common stock.

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Related Questions

2.suppose 40% of the people entering X electronics store this month make a purchase. If 10 people enter the store, find the expected number making a purchase. Suppose that for the next month X electronics store forecasts 1000 customers will enter the store. (i)What is the expected number of customers who will make purchase? (ii) Find also the Standard Deviation.​

Answers

i) The expected number of customers who will make a purchase in the current month is 4.

ii) The standard deviation for the number of customers making a purchase in the current month is approximately 1.55.

To find the expected number of customers making a purchase, we can multiply the total number of customers entering the store by the probability of making a purchase.

(i) For the current month:

Number of people entering the store = 10

Probability of making a purchase = 40% = 0.4

Expected number of customers making a purchase = Number of people entering the store * Probability of making a purchase

Expected number of customers making a purchase = 10 * 0.4

Expected number of customers making a purchase = 4

Therefore, the expected number of customers who will make a purchase in the current month is 4.

(ii) To find the standard deviation, we need to consider the binomial distribution since the number of customers making a purchase follows a binomial distribution with parameters n (number of trials) and p (probability of success).

For the current month:

n = Number of people entering the store = 10

p = Probability of making a purchase = 0.4

q = Probability of not making a purchase = 1 - p = 1 - 0.4 = 0.6

Standard deviation (σ) of a binomial distribution is given by the formula:

σ = √(n * p * q)

Substituting the values:

σ = √(10 * 0.4 * 0.6)

σ = √(2.4)

σ ≈ 1.55

Therefore, the standard deviation for the number of customers making a purchase in the current month is approximately 1.55.

For the next month, if the store forecasts 1000 customers to enter the store, we can use the same calculations with updated values of n and p to find the expected number of customers making a purchase and the standard deviation.

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John is a math whiz who enjoys working hard. While he can collaborate, he prefers to work alone. Which of the following marketing careers would be the best fit for Johns skills.
A.Graphic Designer
B.Marketing research analyst
C.Public Relations Professional
D.Sales Representative

Answers

The answer is b
Hope this helps.

After analyzing the scenario, the best-fit marketing career for Johns's skills would be Marketing research analyst. Thus, option 'B' is the correct option.

What is a Marketing research analyst?

Analysts of market research collect and examine consumer and competitor data. To determine the likelihood that a good or service will be purchased, market research experts examine customer preferences, economic conditions, and other variables. They assist businesses in determining who will buy certain things and at what price. If you enjoy working in a position that rewards analytical, collaborative, creative, and critical thinking abilities, a job in market research is a great fit.

Market researchers get to be at the cutting edge of business trends. Because they work set hours and get weekends off, many marketing analysts are able to maintain a healthy work-life balance. Due to the fact that most businesses require their services, they also frequently have good job security.

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He earns 1% on all of his sales. This month his sales were $400,000. Which of the following reflects the calculation for DeShawn’s income the month?

Answers

Given that DeShawn sales this month are $400000. He earns 1% on all of his sales- 1% = 1/100 = 0.01. So Deshawn's income in this month = 1% of 400000 = $400000* 01. Therefore it is $400000+.01.

What is income?

Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. For example, a person's income in an economic sense may be different from their income as defined by law.

An extremely important definition of income is Simons income, which defines income as Consumption + Change in net worth and is widely used in economics.

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The question is incomplete, the full question probably is DeShawn is a sales rep for All Sports, a sporting goods manufacturer. He's excited because he had a great month in sales and is looking forward to receiving his commission check. He earns 1% on all of his sales. This month his sales were $400,000. Which of the following reflects the calculation for DeShawn's income the month?

Oa. $400,000 30

Ob. $400,000.01

Oc. $400,000/1

Od. $400,000/.01

Oe. $400,000*1

Roles and responsibility of central management(business policy)

Answers

Answer:

The Four Functions of Management: What Managers Need to Know

Planning. One main role of a manager is creating a plan to meet company goals and objectives. ...

Organizing. ...

Leading. ...

Controlling. ...

How to Develop Key Management Skills. ...

Work to Develop Your Management Skills With an MBA.

explain the possible source of expectation that the client uses

Answers

The possible source of expectation that the client has: Previous Experience, Word of Mouth and Reputation, Advertising and Marketing and Industry Standards and Best Practices.

Client expectations can arise from a variety of sources, including their needs, experiences, perceptions, and relationships. Here are some examples of client expectations:

Clients frequently build expectations based on previous experiences with similar products, services, or interactions with a specific firm or industry. Word of Mouth and Reputation: Clients' expectations might be formed based on what they have heard from others, such as friends, family, coworkers, or online evaluations. Advertising and marketing initiatives are used by businesses to shape customer expectations. Promotional materials, slogans, and branding messaging can shape clients' expectations about a product or service. Client Expectations Based on Industry Standards and Best Practises: Clients frequently have expectations based on industry standards and best practises.

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Assume that you are considering a career as an entrepreneur in any industry of your choice. Briefly discuss your pros and cons of becoming an entrepreneur. Provide appropriate reasoning for your answer.

Answers

The pros of becoming an entrepreneur are:

The entrepreneur creates jobs. This reduces the rate of unemployment in the society.

2. The entrepreneur brings innovation: in a bid to attract customers, there would be an need to innovate. This would lead to technological advancement.

3. An entrepreneur earns income from his ventures.

The cons of becoming an entrepreneur are:

1. It might be difficult to raise capital sufficient to run the business.

2. The pressures of running the business might lie solely on the entrepreneur.

Who is an entrepreneur?

An entrepreneur is a person who establishes or creates a business. The entrepreneur bears the risks and rewards of the business.

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*will give Brainliest if correct!*

Part of File Explorer that is used to access devices, drives, and folders on your computer.

(A) This PC
(B) Location
(C) Status

Answers

Answer:

This PC?

Explanation:

when I go into file explorer, I don't see anything labeled location or status, but when I go into This PC there is nothing that says devices, so I'm not sure. I'm very sorry if I'm wrong

If you are a debt investor, how do you make money from your investment?

Answers

Explanation:

You trade to make money. Which is done by investing into a trade market

Answer:

Lending money and charging interest

Explanation:

What resource is available to help scope out your clients' needs in QBO

Answers

There are ways to use a filter in one's client list so as to aid one to see the needs of the clients in a QuickBooks Online. This is done through Client list lead filter or the new Client Overview feature.

Why use a Client list lead filter or QuickBooks Online Client list lead filter is often used by firms that has multiple employees. With this, one can organize one's team by giving everyone a lead bookkeeper to all client in one's QuickBooks Online Accountant client list.

Through the assignment process, One can filter his or her client list so as to only see the clients that has been given to you or one of your team members.

The new Client Overview feature is a feature on the QuickBooks Online (QBO). It is a Client Overview that helps one to know more about prospect's QBO file and quickly have a rough overview of how much work one needs to do in cleaning up and maintaining the books.

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Why the companies need to extend their product life cycle?

Answers

Answer:

because of the product and the correct one is the one of the product is not working properly

The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $88.71. The variable cost per unit is $18.36, Poseidon Swim has average fixed costs per year of $22,898. What would be the operating profit or loss associated with the production and sale of 485 swim trunks?

Answers

.;.(.………………………………ksnnnnnnnnnnnbnbbbbbnkopp

im tired of everything~​

Answers

Answer:

me too, especially school ://

Answer:

OMG same soo tired of school can't wait till summer

Explanation:

assume good z is produced in a competitive output market that is in long-run equilibrium. in the short run, the variable input is unskilled labor whose wage is determined in a competitive labor market. suppose there is an increase in consumer demand for good z. which of the following explains the resulting change in the labor market for unskilled workers in the short run?

Answers

Increased salaries and the employment of unskilled workers arise from the price of good Z rising and the labour demand curve moving to the right along the labour supply curve already in place.

An economics principle derived from the demand for a company's output is the labour demand for hard effort. that is, if demand for a firm's output rises, the firm will need to put up more effort, which necessitates the hiring of additional personnel. A derived demand is one for labour. This shows that it depends on the demand for the good the worker is creating. Even labour productivity, the rate of the coolest, and their overall profitability to a firm will influence the demand for workers. The marketplace for labour determines the supply and demand for labour. People and businesses both contribute to the hard work market. People provide labour to businesses in exchange for pay. Corporations demand employee effort as an alternative.

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Sam bought 100 shares of common stock on company A at the price of $40.97 per share on June 1. Since then Sam has closely watched the monthly prices for company A: $45.19 on July 1, $49.75 on August 1 and $51.58 on September 1 of the same year. company A doesn’t pay any dividend. Based on the stock performance over these three months, what is the standard deviation for monthly returns on company A?
A. 10.50%
B. 10.09%
C. 3.68%
D. 3.76%

Answers

The standard deviation for monthly returns on company A is approximately 8.03%

What is the standard deviation for monthly returns on company A

To calculate the standard deviation of monthly returns, we need to first calculate the monthly returns for the three months of observation. We can do this by using the formula:

Monthly Return = (Current Price - Purchase Price) / Purchase Price

For July 1:

Monthly Return = ($45.19 - $40.97) / $40.97 = 0.103 or 10.3%

For August 1:

Monthly Return = ($49.75 - $40.97) / $40.97 = 0.2143 or 21.43%

For September 1:

Monthly Return = ($51.58 - $40.97) / $40.97 = 0.2589 or 25.89%

Next, we need to calculate the average monthly return (R) over the three months:

R = (10.3% + 21.43% + 25.89%) / 3 = 19.2%

Now, we can calculate the standard deviation (σ) of the monthly returns using the formula:

σ = √ [(Σ (Ri - R)^2) / (n - 1)]

where Ri is the return for the ith month, and n is the number of observations (in this case, n = 3).

Plugging in the values, we get:

σ = √[((10.3% - 19.2%)^2 + (21.43% - 19.2%)^2 + (25.89% - 19.2%)^2) / (3 - 1)]

= √[(94.86 + 3.62 + 35.37) / 2]

= √[(133.85) / 2]

= 8.03%

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Seller always prefer higher to lower prices. Do you agree or disagree? Explain your answer.

Answers

Answer:

No, buyers prefer low prices to high prices.

Explanation:

This is because every person aims at spending less money and gaining more goods.

not sure if this information helps or not. I only need help with figuring out the amount for line 16 on 2021 tax form 1040. Beth R. Jordan lives at 2322 Skyview Road, Mesa, AZ 85201. She is a tax accountant with Mesa Manufacturing Company, 1203 Western Avenue, Mesa, AZ 85201 (employer identification number 11-1111111). She also writes computer software programs for tax practitioners and has a part-time tax practice. Beth is single and has no dependents. Beth was born on July 4, 1975, and her Social Security number is 123-45-6785. She did not engage in any virtual currency transactions during the year, and she wants to contribute $3 to the Presidential Election Campaign Fund. Beth received the appropriate coronavirus recovery rebates (economic impact payments); related questions in ProConnect Tax should be ignored. The following information is shown on Beth's Wage and Tax Statement (Form W-2) for 2021. Line Description Amount 1 Wages, tips, other compensation $65,000.00 2 Federal income tax withheld 9,500.00 3 Social Security wages 65,000.00 4 Social Security tax withheld 4,030.00 5 Medicare wages and tips 65,000.00 6 Medicare tax withheld 942.50 15 State Arizona 16 State wages, tips, etc. 65,000.00 17 State income tax withheld 1,954.00 During the year, Beth received interest of $1,300 from Arizona Federal Savings and Loan and $400 from Arizona State Bank. Each financial institution reported the interest income on a Form 1099-INT. She received qualified dividends of $800 from Blue Corporation, $750 from Green Corporation, and $650 from Orange Corporation. Each corporation reported Beth's dividend payments on a Form 1099-DIV. Beth received a $1,100 income tax refund from the state of Arizona on April 29, 2021. On her 2020 Federal income tax return, she used the standard deduction. Fees earned from her part-time tax practice in 2021 totaled $3,800. She paid $600 to have the tax returns processed by a computerized tax return service. On February 8, 2021, Beth bought 500 shares of Gray Corporation common stock for $17

Answers

Here is the amount for line 16 on 2021 tax form 1040 for Beth R. Jordan: $1,292.50

Here is the calculation:

To calculate your overall earnings, you can subtract the state income tax withheld and add the state income tax refund and net self-employment income, while also taking into account any self-employment expenses.

These figures can be found on lines 2 and 17 of your W-2 form, and lines 3 and 27 of your Schedule C, respectively.

The precise figures of these items are given below:

Federal income tax withheld: $9,500

State income tax withheld: $1,954

State income tax refund: $1,100

Net self-employment income: $3,800

Net expenses from self-employment: $600

Plugging these values into the calculation above, we get:

$9,500 - $1,954 + $1,100 + $3,800 - $600 = $1,292.50

Therefore, the amount for line 16 on 2021 tax form 1040 for Beth R. Jordan is $1,292.50.

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According to the guidelines of good journalism, which of the following is correct:

O Her birthday is March 10
O Her birthday is Mar. 10
O Her birthday is march 10
O Her birthday is mar. 10

Answers

The first answer is correct

Answer:

Her birthday is March 10 plz Mark me as brainlliest

Submission Requirements Hurry Pls Help ASAP!!!

Nine hundred word response.


When submitting written assignments, please remember to:


Submit the assignment question(s) and your responses.

Proofread for spelling, grammar, and punctuation.

Remember complete sentence structure.

Paragraphs need to have minimum of six sentences.


Submit your E.T.H.I.C.S. model of one of the provided scenarios.

Answers

When submitting written assignments, please remember to Proofread for spelling, grammar, and punctuation. Hence, option B is correct.

What is meant by Proofread?

Proofread is the double-checking of the written assignment or the work that is being already done to the person. It helps the person to identify the little mistakes that they have made during the making of the assignment.

Proofread is always a better solution to understand the work and makes the work complete and perfect. After Proofread, one can identify their mistakes and make them correct.

Thus, option B is correct.

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I’m the speech “I have a dream” by Martin luther king jr. did he Use of verbal signposts to create coherence?

Answers

Answer:

yes

Explanation:

he did to attract customers

Brief Exercise 22-07 Sunland Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $26,020 in the first quarter, and $5,140 increments are expected in the remaining quarters of 2020. Fixed expenses are expected to be $41,120 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2020.

Answers

Answer:

So whats the question???

Explanation:

Selma operates a contractor's supply store. She maintains her books using the cash method. At the end of the year, her accountant computes her accrual basis income that is used on her tax return. For 2015, Selma had cash receipts of $1.4 million, which included $200,000 collected on accounts receivable from 2014 sales. It also included the proceeds of a $100,000 bank loan. At the end of 2015, she had $250,000 in accounts receivable from customers, all from 2015 sales.

Required:
a. Compute Selma's accrual basis gross receipts for 2015.
b. Selma paid cash for all of the purchases. The total amount paid for merchandise in 2020 was $1,300,000. At the end of 2019, she had merchandise on hand with a cost of $150,000. At the end of 2020, the cost of merchandise on hand was $300,000. Compute Selma's gross income (profit) from merchandise sales for 2015.

Answers

Answer:

Ghhbbbhj

Explanation:

Ghhhbbhh

Question 11 of 20
Tim, a high school junior, has started his first job working as a lifeguard over
the summer. He plans to save the money he earns to help pay for living
expenses when he's in college. What type account should Tim set up?
A. A saving account
B. A certificate of deposit account
C. A money market account
OD. A checking account

Answers

The type of account that Tim should set up would be A. A savings account.

Why is this the best account ?

Individuals seeking to save their finances over a certain period and earn interest on them may opt for the savings account type. These savings accounts often feature lower interest rates, yet compensate through easy availability of funds and absence or minimal fees.

In Tim's case, his objective to save up for college expenses could be easily achieved with such an account thanks to its potential to earn returns while also allowing him quick access to his money without excessive charges.

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What is the term for the type of market test that involves selecting an area of the country as a representative sample of the nation's demographics to try out a new product?

Answers

Test marketing is the term for the type of market test that involves selecting an area of the country as a representative sample of the nation's demographics to try out a new product.

What is the name of market research in science?

A product or marketing campaign is made restrictedly accessible to test markets before being made widely available to measure consumer response. It's crucial to keep in mind that consumers of the product or target audience for the marketing initiative could unintentionally act as test subjects.

What are some sales forecasting test marketing techniques?

Test-marketing analysis is regarded by many businesses as the most accurate way to predict future sales. It entails introducing a good or service to a certain target market or demography depending on your market segmentation. Organizations can then see how the product is received by customers and how it sells.

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Investigate whether the skills and qualities of male and female entrepreneurs are the same or different

Answers

Discriminant analysis was applied to determine whether male and female participants differed in their entrepreneurial personality characteristics. Findings of the analysis showed that the female entrepreneurs' uncertainty tolerance was lower than that of the male entrepreneurs, but other entrepreneurial personality traits were found to be higher.

The PP&E gross book value at the start of the month is 60,000, and the CAPEX of the month is 12,000. The accumulated depreciation at the start of the month is 25,000; the depreciation expense of the month is 750.
The net book value of PP&E calculated from the data above is _____.

Answers

The net book value off property plant and equipment is $46,250 at the end of the month. The net book value of PP&E calculated from the data above is $46,250.

What is depreciation?

Depreciation is does systematic allocation of cost of the asset over the useful life. Depreciation is charged every month every month to the relevant asset asper the usage of the asset. Depreciation reduces the amount of an asset each month according to the usage of the asset. Depreciation can be charged on different methods.

The calculation is shown below,

The net book value of PP&E can be calculated as

$60,000 + $12,000 - $25,000 - $750 = $46,250

Net book value of PP&E can be calculated as: Add CAPEX for the month in opening assets value then deduct accumulated depreciation and current month expense of depreciation this will result in net book value of property plant end equipment at the end of the month.

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how personality affect on performance of company

Answers

Personality affects all aspects of a person's performance, even how he reacts to situations on the job. This can lead to increased productivity and job satisfaction, helping your business function more efficiently.

Answer:

Personality affects all aspects of a person's performance, even how he reacts to situations on the job. Not every personality is suited for every job position, so it's important to recognize personality traits and pair employees with the duties that fit their personalities the best. This can lead to increased productivity and job satisfaction, helping your organization to function more efficiently. Personality can be seen as the motor which drives behavior. It's consistent over time and across situations, and has been proven to predict our success at work over the course of 50 or more years. The most widely accepted model of personality-the 'Big Five' model-uses five distinct scales to describe personality: conscientiousness (the extent to which one is dependable and persistent), emotional stability(one's calmness and self-control), extraversion (a measure of sociability, ambition and narcissism), agreeableness (the extent to which one is cooperative and altruistic), and openness to experience (a measure of creativity and novelty-seeking) Personality Personality is so widely studied concept by the psychologists that "personality psychology" is taken as a separate discipline of psychology.

How soon does a landlord have to return a security deposit in Florida?

Answers

Answer:

15days

Explanation:

Homeowners insurance gives you both property and liability protection.

Answers

Answer:

True

Explanation:

If you have drunk friends you want this insurance.

True. Homeowners insurance provides both property and liability protection.

What is property protection?

The property protection aspect of homeowners insurance covers the physical structure of the home, as well as personal belongings within the home, against perils such as fire, theft, and vandalism.

It may also provide coverage for additional structures on the property, such as garages or sheds. Liability protection, on the other hand, safeguards homeowners from legal and financial responsibility if someone is injured on their property or if they accidentally cause damage to someone else's property.

This coverage typically includes legal expenses and medical payments to the injured party.

The answer is true.

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briefly describe and note any errors you see in the a/p aging summary report as of march 30 2016

Answers

Your AR ageing report contains information about the credit you grant customers who make purchases from you.

What is AR ageing?

Accounts receivable ageing is a recurring report that classifies a company's receivables based on how long an invoice has been unpaid. It serves as a yardstick for evaluating the stability and financial standing of a company's clientele. If an organization's receivables are being collected much more slowly than usual, this may indicate that business is slowing down or that the organisation is taking on more credit risk in its sales operations. As a management tool, accounts receivable ageing can show whether customers are developing credit concerns and whether the company should continue doing business with those who are frequently late with payments.

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1.Why is knowledge of consumer behavior important to the marketer?

Answers

The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.

CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.

When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.

Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.

Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.

Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.

The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.

The importance of consumer behavior to marketers is discussed below:

Consumer diversification: It's a technique used in marketing to set one consumer apart from a group of related consumers. This aids in creating a target market of consumers who exhibit the same or comparable behavior.Customer Retention: Consumer behavior is incredibly crucial for both attracting new consumers and keeping hold of current ones. A satisfied customer is more likely to form the same purchase in the future. Therefore, it's important to sell the product in a way that encourages repeat purchases from customers.Forecasting Demand Patterns: By doing a consumer behavior analysis, a business can avoid spending plenty of money and energy on creating a product that won't be popular with customers.Competitiveness: Understanding and handling the competition are made easier by studying consumer behavior. Your brand may have a competitive edge supported consumer expectations.Develop Unique New Technologies: Businesses continually exerting to increase the likelihood that their novel ideas or new products will succeed. Amongst the foremost crucial methods is to carry out a thorough and careful study of consumer behavior.

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