A cartel is a group of firms that practice joint profit maximization. They work together to control prices, production, and market share in order to increase profits. Cartels can be found in many industries, including oil and gas (OPEC), telecommunications, and pharmaceuticals.
They are often associated with oligopolies, which are markets dominated by a small number of large corporations. Cartels are illegal in many countries, as they can lead to higher prices for consumers and stifle competition. However, they continue to exist in some parts of the world, particularly in industries where government regulation is weak.
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who benefits form medicare taxes?
Answer: The Medicare tax rate is 1.45% of an employee's gross income. The Medicare tax, which is a charge on both employers and employees, is paid by both.
What is the customer orientation of a company, and why is it important for a
business to be customer-focused? Give an example of a real organization to
substantiate your answer.
If a person gives too much weight to recent information compared to prior beliefs, they would make ________ errors.a. conservatism b. overconfidence c. framing d. forecasting e. selection bias
If a person gives too much weight to recent information compared to prior beliefs, they will make forecasting errors.
In statistics, a forecast error is the difference between the actual or real and the predicted or forecast value of a time series or any other phenomenon of interest. Since the forecast error is derived from the same scale of data, comparisons between the forecast errors of different series can only be made when the series are on the same scale.
In simple cases, a forecast is compared with an outcome at a single time-point and a summary of forecast errors is constructed over a collection of such time-points. Here the forecast may be assessed using the difference or using a proportional error. By convention, the error is defined using the value of the outcome minus the value of the forecast.
A forecast may consist of predicted values over a number of lead-times; in this case an assessment of forecast error may need to consider more general ways of assessing the match between the time-profiles of the forecast and the outcome.
Therefore, the correct answer is option d. forecasting
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If a person gives too much weight to recent information compared to prior beliefs, they would make overconfidence errors. Availability bias is a cognitive bias where individuals rely heavily on readily available information, such as recent events, rather than considering a broader range of information or statistical probabilities.
This can lead to errors in judgment and decision-making, as recent information may not always accurately represent the overall reality or be a reliable predictor of future outcomes. Recency bias, on the other hand, is a cognitive bias where individuals place excessive emphasis on the most recent information, often overlooking or discounting older or less recent information. This can result in a narrow and distorted perception of reality and may lead to errors in judgment and decision-making by neglecting important historical or contextual information.
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What is the term that describes what a business has to pay to correct defective products?
Answer:
Cost of quality
Explanation:
Apevx
Answer:
cost of quality
Explanation:
Body glove’s social media managers have been creating a series of lifestyle videos that highlight the benefits of physical fitness and yoga through its ""create happiness"" campaign. ________ allows customers to become subscribers to ensure they never miss a new posting.
Body glove’s social media managers have been creating a series of lifestyle videos that highlight the benefits of physical fitness and yoga through its "create happiness" campaign. You-tube allows customers to become subscribers to ensure they never miss a new posting.
Social media managers are people that generally responsible for developing strategies to improve brand awareness and reputation. They do that by producing content, creating (as well as overseeing) social campaigns, engaging with online followers, and overall creating an active social media presence.
To achieve that, they use social media. The social media that use videos and allows customers to become a subscriber on their platform is You-tube.
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Jeremy (unmarried) earned $102,400 in salary and $8,400 in interest income during the year. Jeremy's employer withheld $10,000 of federal income taxes from Jeremy's paychecks during the year. Jeremy has one qualifying dependent child (age 14) who lives with him. Jeremy qualifies to file as head of household and has $25,400 in itemized deductions, including $2,000 of charitable contributions to his church. (Use the Required: a. Determine Jeremy's tax refund or taxes due. b. Assume that in addition to the original facts, Jeremy has a long-term capital gain of $15,550. What is Jeremy's tax refund or tax due including the tax on the capital gain? Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. c. Assume the original facts except that Jeremy has only $7,500 in itemized deductions. Assume the charitable contribution deduction for non-itemizers applies to 2022 . What is Jeremy's tax refund or tax due?
The tax on long-term capital gain would be = 20% × $15,550 = $3,110So, Total tax = $14,102 + $3,110 = $17,212Since $10,000 was withheld by Jeremy's employer during the year, his tax refund would be $10,000 - $17,212 = $-7,212 or taxes due are $7,212.
Determine Jeremy's tax refund or other outstanding taxes.As a result, Jeremy (unmarried) received a salary of $102,400 plus interest income of $8,400 throughout the course of the year.Throughout the year, Jeremy's employer deducted $10,000 in federal income taxes from his paychecks.Jeremy is a single parent with a dependent child who meets the requirements (age 14).Jeremy meets the requirements to file as the head of the home and has itemised deductions of $25,400, including $2,000 in donations to his church.Employing the IRS tax tableHence,Taxable income is ($102,400 plus $8,400). - $25,400 = $85,400Federal income tax for a Head of Household is $14,102 according to tax tables.As a result, the refund would be $10,000 - $14,102 = $-4,102, or $4,102 in taxes would be payable.
b. Assume that Jeremy also has a long-term capital gain of $15,550 in addition to the initial facts.
Taxable income after adding a long-term capital gain of $15,550 would be: $85,400 + $15,550 = $100,950.Using the IRS tax tables for Head of Household status, we must first determine the federal income tax due on $85,400, which comes to $14,102.Next, we must calculate the $15,550 capital gains tax (assuming long-term),Long-term capital gains are taxed at a maximum rate of 20%.
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explain advertisement
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
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which of the following does global expansion allow firms to achieve?
Global expansion allows firms to achieve several benefits, including increased market reach, diversification of revenue streams, access to new talent pools, cost efficiencies, and potential for innovation and learning from diverse markets.
Global expansion offers firms numerous opportunities for growth and success. Firstly, it allows them to expand their market reach by entering new geographical regions and tapping into untapped customer bases. This expansion increases their potential customer base and revenue opportunities. Secondly, global expansion enables firms to diversify their revenue streams. By operating in multiple markets, firms can reduce their dependence on any single market and mitigate risks associated with economic fluctuations or regional crises.
Additionally, global expansion provides access to new talent pools. Firms can recruit skilled employees from different countries, benefiting from diverse perspectives, experiences, and expertise. This can enhance innovation and problem-solving capabilities within the organization. Furthermore, global expansion can lead to cost efficiencies. Firms can leverage economies of scale, access lower-cost inputs or labor, and optimize their supply chains by sourcing materials or manufacturing in different regions.
Lastly, global expansion opens up opportunities for learning and innovation. By entering new markets, firms can gain insights into different consumer preferences, behaviors, and trends. This exposure fosters adaptability and the potential for developing new products, services, or business models based on these market insights. In summary, global expansion allows firms to achieve increased market reach, diversification of revenue streams, access to new talent pools, cost efficiencies, and potential for innovation and learning from diverse markets. These advantages contribute to the growth and competitiveness of firms operating on a global scale.
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i am 17 in 3 months. i want to work at ross. what do i have to do? i need to get a job in about a week and i need enough money to get my own place by my birthday.
It's very great to have a mind to get a job in such a very young age of 17 years. But you will definitely miss your childhood days, if you get a job in about a week. May be if you miss this birthday, there will be lot more and you can earn money in future.
Money is not the only thing. Enjoy your childhood days. By the way, advance happy birthday and wishing you to get that job in future.
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Brooklyn is paid biweekly. Her annual salary is $63,700. What is her biweekly gross pay?
Brooklyn's biweekly gross pay, given the amount that she is paid annually, is $ 2, 450
How to find the biweekly gross pay?A person's biweekly gross pay is the amount that they are paid every 2 weeks that is not adjusted for taxes and other deductions.
In a year, the number of two week periods are :
= Number of weeks / 2
= 52 / 2
= 26 biweekly periods
The biweekly salary of Brooklyn is therefore :
= Annual salary / number of biweekly periods
= 63, 700 / 26
= $ 2, 450
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a(n) is a formal, documented process that describes when and how official project documents may be changed.
A change control system is a formal, documented process that describes when and how official project documents may be changed.
Change control system is a systematic approach to manage all the changes made to a product or system. The aim is to ensure that no unnecessary changes are made, all changes are documented, services are not unnecessarily disrupted and resources are used efficiently.
It also describes the people entitled to make changes, the paperwork necessary for these changes, and any automated or manual tracking systems the project will use.
Therefore, the answer is Change control system.
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Survey researchers design and conduct surveys and analyze data. Some survey researchers design public opinion surveys. Other survey researchers (market research analysts) design marketing surveys which examine products or services that consumers want, need, or prefer. Most survey researchers work in research firms, polling organizations, nonprofits, corporations, colleges and universities, and government agencies. The majority work full time during regular business hours. A bachelor's degree may be sufficient for some entry-level positions. The median annual wage for survey researchers was $49,760 in May, 2014. SOURCE: Bureau of Labor and Statistics, U.S. 준. Surveys for scientific research cover various fields, including government, health, social sciences, and education. For example, a survey researcher may try to capture information about the prevalence of drug use or disease. An anonymous survey of college students was taken to determine behaviors regarding alcohol, cigarettes, and illegal drugs. The results were as follows: 894 drank alcohol regularly 665 smoked cigarettes 192 used illegal drugs 424 drank alcohol regularly and smoked cigarettes 114 drank alcohol regularly and used illegal drugs 119 smoked cigarettes and used illegal drugs 97 engaged in all three behaviors 309 engaged in none of the behaviors Source: Jamie Langille, University of Nevada Las Vegas How many students were surveyed? How many drank alcohol regularly or smoked cigarettes? How many used illegal drugs only? How many drank alcohol regularly and smoked cigarettes, but did not use illegal drugs? How many drank alcohol regularly or used illegal drugs, but did not smoke cigarettes? How many engaged in exactly two of these behaviors? How many engaged in at least one of these behaviors?
a. The number of students surveyed was 1,000.
b. 1,300 students drank alcohol regularly or smoked cigarettes.
c. 75 students used illegal drugs only.
d. 310 students drank alcohol regularly and smoked cigarettes but did not use illegal drugs.
e. 1,110 students drank alcohol regularly or used illegal drugs but did not smoke cigarettes.
f. 193 students engaged in exactly two of these behaviors.
g. 997 students engaged in at least one of these behaviors.
How many students participated in the survey?According to the survey results, there were a total of 309 students who engaged in none of the behaviors, and the remaining students fell into various categories. To determine the number of students surveyed, we sum up the frequencies of all behaviors mentioned in the survey results. Therefore, the total number of students surveyed is 1,000. From the provided data, we can calculate the number of students who drank alcohol regularly or smoked cigarettes by adding the frequencies for each behavior individually. Similarly, we can find the number of students who engaged in specific combinations of behaviors, such as using illegal drugs only or drinking alcohol regularly while smoking cigarettes but not using illegal drugs. By analyzing the data, we can answer each of the given questions accurately.
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Which should be done when interpreting employee engagement and satisfaction survey results?
When interpreting employee engagement and satisfaction survey results, several key steps should be taken:1. Analyze the data: Thoroughly examine the survey results, identifying patterns, trends, and areas of strength or concern.
2. Compare benchmarks: Compare the survey results to industry benchmarks or previous survey data to gain insights into the organization's performance relative to others or over time.3. Consider qualitative feedback: Take into account qualitative feedback from open-ended survey questions or additional comments to gain a deeper understanding of employees' experiences and perceptions.4. Segment the data: Analyze survey results by demographics, departments, or other relevant variables to identify any variations or specific areas of improvement tailored to different groups within the organization.
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How does this business attract customers and keep them happy? Customer service Creativity and innovation
Answer:
Explanation:
This business attracts customers by offering excellent customer service and maintaining a high level of creativity and innovation in their products. They keep customers happy by constantly improving their products and services and always keeping them up to date with the latest innovations.Other ways this business might attract customers include offering competitive pricing, providing a high level of quality, and always being available to answer any questions or concerns they may have.
Jake’s company uses a unique ergonomics and organization system to help employees work more efficiently. The company wants Jake to sign a nondisclosure agreement not to expose the system. The employee may share the trade secret with others outside the company. The employee may be subject to fines if he were to reveal the trade secret. The employee may use the trade secret at another company as long as he does not reveal it to others. The answer is dependent on additional details not provided. No trade secret exists in this scenario.
If the company wants Jake to sign a nondisclosure agreement not to expose the system. The employee may be subject to fines if he were to reveal the trade secret.
What is nondisclosure agreement?Nondisclosure agreement can be defined as the agreement that a person should not disclose confidential or sensitive information.
in a situation were Jake sign the nondisclosure agreement and still went ahead to disclose the information , the employee will be subject to fines because the employee has break the nondisclosure agreement that is between him and is employer.
Therefore If the company wants Jake to sign a nondisclosure agreement not to expose the system. The employee may be subject to fines if he were to reveal the trade secret.
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when a negative externality exists in a market, the marginal social cost curve is __________________ and lies _______________.a. upward-sloping: lies to the right of the supply curveb. downward-sloping: lies to the left of the demand curvec. upward-sloping: lies to the left of the supply curved. downward-sloping; lies to the right of the demand curve
When a negative externality exists in a market, the marginal social cost curve is upward-sloping and lies to the right of the supply curve.
This means that as the quantity of the good or service produced increases, the marginal social cost of producing an additional unit also increases, and this cost is higher than the private cost incurred by the producer.
The gap between the marginal social cost and the private cost is the cost of the negative externality imposed on third parties. The fact that the marginal social cost curve lies to the right of the supply curve implies that the market outcome is inefficient, as the quantity produced and consumed is higher than the socially optimal level.
To achieve a socially optimal outcome, corrective measures such as taxes or regulations may be necessary to internalize the externality and align private and social costs.
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A company's gross profit (or gross margin) was $83,750 and its net sales were $347,800. Its gross margin ratio is: Multiple Choice 4.2% 24.1% 75.9%. $83.750.
Company's gross margin ratio is 24.1%. The correct answer among the multiple-choice options you provided is 24.1%.
What is the gross margin ratio of a company that had a gross profit of $83,750 and net sales of $347,800?Hi! To calculate a company's gross margin ratio, you can use the following formula:
Gross Margin Ratio = (Gross Profit / Net Sales) * 100
In this case, the company's gross profit is $83,750 and its net sales are $347,800. Using the formula:
Gross Margin Ratio = ($83,750 / $347,800) * 100
Now, divide $83,750 by $347,800:
Gross Margin Ratio = 0.24086 * 100
Multiply the result by 100 to get the percentage:
Gross Margin Ratio = 24.086%
Round the result to one decimal place:
Gross Margin Ratio = 24.1%
So, the company's gross margin ratio is 24.1%. The correct answer among the multiple-choice options you provided is 24.1%.
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At midland company's break-even point of 9,000 units, fixed costs are $180,000 and variable costs are $540,000 in total. the unit sales price is:_________
a. $ 20.b. $ 40.c. $ 60.d. $ 80.e. $100.
At midland company's break-even point of 9,000 units, fixed costs are $180,000 and variable costs are $540,000 in total. the unit sales price is: $ 80.
So, the correct answer is D.
At Midland Company's break-even point of 9,000 units, fixed costs are $180,000 and total variable costs are $540,000.
To find the unit sales price, first determine the total costs, which is the sum of fixed costs and variable costs ($180,000 + $540,000 = $720,000). Since the company breaks even, total revenue equals total costs.
Now, divide the total revenue by the number of units (9,000) to find the unit sales price: $720,000 ÷ 9,000 = $80.
Therefore, the correct answer is option d. $80.
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Please help me I don't really understand
Answer:
the crust is the one on the outside, the inner core is the middle, the the after the crust is outer core,
Salt foods purchases forty $1,000, 7%, 10-year bonds issued by pretzelmania, incorporated, for $37,282 on january 1. The market interest rate for bonds of similar risk and maturity is 8%. Salt foods receives interest semiannually on june 30 and december 31.
The market interest rate for bonds of similar risk and maturity is 8%. Salt foods receives interest semiannually on june 30 and December 31. The appropriate journal entry is: Debit Investment $37,282, Credit Cash $37,282.
How to prepare the journal entry?a. Debit Investment $37,282
Credit Cash $37,282
(To record the purchase of bonds)
b. Debit Cash $1,400
[($1,000 × $40) × 0.07 × 6 ÷ 12)]
Credit Investment $91
Credit Interest revenue
($37,282 ×8% × 6 ÷ 12) $1,491
(To record semi- annual interest revenue)
Therefore the entry is the appropriate journal entry is: Debit Investment $37,282, Credit Cash $37,282.
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The complete question is:
Salt Foods purchases forty $1,000, 7%, 10-year bonds issued by Pretzelmania, Inc., for $37,282 on January 1. The market interest rate for bonds of similar risk and maturity is 8%. Salt Foods receives interest semiannually on June 30 and December 31.
Record the investment in bonds.2. Record receipt of the first interest payment on June 30.
True or False: Improving the process design can help both the firm's inventory turnover (how fast the inventory gets replaced) as well as the service experience. True False
Improving the process design can help both the firm's inventory turnover (how fast the inventory gets replaced) as well as the service experience is True.
Process design refers to the organization's ability to enhance the existing work process to make them more efficient. A well-organized work process makes the organization more productive and reliable, which, in turn, increases customer satisfaction.
And also, it helps to manage the inventory flow in a more efficient way, which leads to a faster replacement of the inventory, leading to a lower inventory cost, increased inventory turnover and higher profits.
So, we can say that improving the process design can help both the firm's inventory turnover (how fast the inventory gets replaced) as well as the service experience.
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What phrase could a licensee use in advertising that would not discriminate on the basis of familial status
Senior discount is the phrase that a licensee could use in advertising that would not discriminate.
A familial status discrimination is known to occurs when the landlord, manager or property owner treats someone very differently.
The other options clearly discriminate the familial status.
Hence, the Senior discount is the phrase that a licensee could use in advertising that would not discriminate.
Therefore, the Option is correct.
Missing options "Couples only Empty nesters No bicycles allowed Senior discount"
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How can you make the most of a tight budget?
a) making a list before shipping
b) buying on sale
c) setting good priorities
d) all of these
Answer:
D
Explanation:
most prob everything is good
An Investor has $100,000 invested in a 2-stock portfolio. $50,000 is invested in Stock X and the remainder is invested in Stock Y. X's beta is 1.35 and Y’s beta is 1.50. What is the portfolio's beta?
The portfolio's beta can be calculated by taking a weighted average of the individual stock betas based on their respective investments.
To calculate the portfolio's beta, we need to consider the beta of each stock and their respective weights in the portfolio.
In this case, Stock X has a beta of 1.35 and a $50,000 investment, while Stock Y has a beta of 1.50 and the remaining investment.
First, we calculate the weight of Stock X by dividing its investment by the total portfolio investment: $50,000 / $100,000 = 0.5 or 50%.
The weight of Stock Y is calculated by subtracting the weight of Stock X from 1: 1 - 0.5 = 0.5 or 50%.
Next, we calculate the weighted average of the stock betas using the respective weights:
Portfolio Beta = (Weight of Stock X * Beta of Stock X) + (Weight of Stock Y * Beta of Stock Y)
Portfolio Beta = (0.5 * 1.35) + (0.5 * 1.50) = 0.675 + 0.750 = 1.425
Therefore, the portfolio's beta is 1.425. This indicates that the portfolio is expected to have a slightly higher level of systematic risk compared to the overall market, as indicated by a beta of 1.
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what is the meaning of cheque stub
Answer:
A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount. ... A check stub is the part of a check that is kept by the payee with information such as the check number, date, and amount.
When firms are in perfect competition, the result is that firms charge a price that is always equal to its
Answer:
It will charge a price equal to the minimum of its average cost of production, because perfect competition drives the price down to the zero profit level. (If price is above average costs then economic profits are being made. The economic profits will attract more firms in to this easy to get in to industry.
Explanation:
The government can make money by borrowing from its population in the form of governmental bonds.
A. True
B. False
Answer:
False
Explanation:
Permanent Assets and Temporary Assets for Each Month
January February March April Current Assets 20,000 30,000 20,000 20,000 Fixed Assets 50,000 50,000 50,000 50,000 Permanent Assets 70,000 70,000 70,000 70,000 Temporary Assets 0 10,000 0 0
A flexible policy would finance $80,000 with long-term debt and have excess cash of $10,000 to invest in marketable securities in January, March, and April. Overall, the interest expense on the extra $10,000 borrowed long-term will outweigh the interest received from the marketable securities.
A restrictive policy would finance $70,000 with long-term debt. In February, the firm would borrow $10,000 on a short-term basis to cover the cost of temporary assets in that month.
The short-term loan would be repaid in March. Which policy would be most effective for this firm- the flexible or restrictive?
Post an answer, justifying it with what evidence you believe would be the most convincing.
Based on the given information, the most effective policy for this firm would be the **restrictive policy**.
Under the restrictive policy, the firm finances only $70,000 with long-term debt and borrows $10,000 on a short-term basis in February to cover the cost of temporary assets. This ensures that the firm's borrowing aligns with its immediate needs, minimizing the interest expense on unnecessary long-term debt.
On the other hand, the flexible policy would finance $80,000 with long-term debt, resulting in an extra $10,000 borrowed that is not immediately required. The interest expense on this extra borrowed amount would outweigh the interest received from the marketable securities, making it less cost-effective.
By adopting the restrictive policy, the firm maintains better control over its debt and avoids incurring unnecessary interest expenses. It matches its borrowing to the actual needs of temporary assets and minimizes the cost of financing. The evidence supporting the effectiveness of the restrictive policy lies in the fact that it aligns borrowing with the actual requirements and avoids the potential negative impact of interest expenses on excess borrowed funds.
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