rawlco began the month with $220,000 in total assets. what total assets would be reported on the balance sheet after events (a)–(f)?

Answers

Answer 1

The total assets that would be reported on the balance sheet would be given as 257, 000 dollars.

How to solve for the total assets

The initial amount was $220000.

The total amount for the equipment is given to be $30000

There is a deduction of 10000, which would be written as - $10000

The office supply is given as $2000

There is a negotiation and a year loan that is given as $5000

Then there is the promissory note of 20000

We would have the calculation as

220000 + 30000 - 10000 + 5000 + 10000  + 2000

= $257,000

Hence we would have to say that the total assets that we are gpoing to have to report on the balance sheet is $257,000

What is meant by total assets?

This is the term that is used to refer to the total worth of all that a person or a business would own after they have calculated the total amount that each of the items are worth in the market.

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Complete question

Required information

Rawlco Communications operates 15 radio stations. The following events occurred during September.

a. Placed an order for office supplies costing $2,000. Supplier intends to deliver later in the month. b. Purchased equipment that cost $30,000; paid $10,000 cash and signed a promissory note to pay $20,000 in one month.

c. Negotiated and signed a one-year bank loan, and then deposited $5,000 cash in the company's checking account. d. Hired a new finance manager on the last day of the month.

e. Received an investment of $10,000 cash from the company's owners in exchange for issuing common shares. f. Supplies [ordered in (a)] were received, along with a bill for $2,000.

3. Rawlco began the month with $220,000 in total assets. What total assets would be reported


Related Questions

Assume that a hypothetical economy with an MPC of 0.75 is experiencing a severe recession. a. By how much would government spending have to rise to shift the aggregate demand curve rightward by $40 billion How large a tax cut would be needed to achieve the same increase in aggregate demand? Determine one possible combination of government spending increases and tax increases that would accomplish the same goal without changing the amount of outstanding debt.

Answers

When there is a severe recession, obviously increasing government spending is a critical step.

What exactly is the government budget multiplier?

If an increase in government spending increases total spending and GDP, then an increase in taxes must decrease total spending and GDP, and vice versa. Private spending falls when the government raises taxes. However, Keynes observed that the decrease in overall spending caused by a tax increase is not as significant as the increase in overall spending caused by the same amount of government spending increase. This is because people save a portion of their extra income (tax refunds), whereas the government spends all of its money.

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Judy and Amy are having lunch together and decide to split the bill equally. Amy ordered more expensive items than she normally would because she is ______ price sensitive when sharing the cost. Multiple choice question.

Answers

Considering the scenerio about Judy and Amy are having lunch together and decide to split the bill equally. In this case, Amy is less price sensitive when sharing the cost.

What is price sensitivity?

Price sensitivity can be regarded as the degree to which demand changes as result if the changes in cost of a product or service changes.

It should be noted that Price sensitivity helps in measuring price elasticity of demand.

And this rule implies that some consumers will refuse to pay more incase there there us availability of lower-priced option.

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The Permanent School Fund (PSF) was established to provide funds for ___________________ on the basis of _________________.

Answers

The permanent school funds was established to provide funds for primary and secondary school education on the basis of assets.

The PSF is a sovereign wealth establishment that was founded based on the need for revenues for school funding in the elementary level.

The assets used for this are lands that are owned publicly as well as investments of other types.

When these lands are sold or leased out, the money realized is added to the funds. Other source of revenues are oil and gas.

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Which test assesses someone's knowledge in order to give him or her college credit

A. CLEP

B. A stress test

C. An entrance exam

D. ACCUPLACER

Answers

The test that assesses someone's knowledge in order to give college credit is:

A. CLEP (College-Level Examination Program)

What is CLEP

CLEP exams are standardized tests that measure a person's understanding of various college-level subjects. by successfully passing a CLEP exam, individuals can earn college credits that are recognized by many colleges and universities.

These exams are designed to evaluate a persons knowledge in areas such as mathematics, science,  social sciences, humanities and more, allowing them to potentially earn credits and skip certain introductory-level courses in college.

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How can being smart, kind and generous make you a better person? Click to add to​

Answers

Answer:

it will help you in life

Explanation:

when your kind and generous you can get a better job and to help you make friends and also you can be smart  because you can apply to be a teacher or a tutor to help others

Question 6 of 10
What is division of labor?
OA. This is when an individual focuses on many different skills and
aspects of a business.
OB. This is when an organization can produce goods more cost
effectively when it produces higher volumes of that good.
OC. This is when an organization is able to produce goods at a lower
cost and sell for a lower cost to make a profit.
OD. Another name for specialization, this is when an individual focuses
on one specific skill in the field.
SUBMIT

Answers

Division of labor is a key concept in business and economics, allowing organizations to produce goods and services more efficiently and effectively, and contributing to economic growth and development. Option B

Division of labor is a concept that refers to the process of breaking down a larger task or project into smaller, more manageable tasks that can be completed by different individuals or groups. This allows each individual or group to focus on a specific task or set of tasks, increasing efficiency and productivity in the workplace.

The benefits of division of labor include increased specialization, which allows individuals to become more skilled and efficient in their specific area of expertise.

This can result in higher quality products or services, as well as cost savings through increased efficiency and reduced waste. Additionally, division of labor can lead to increased job satisfaction, as individuals are able to focus on tasks they are skilled at and enjoy.

There are different types of division of labor, including horizontal and vertical division of labor. Horizontal division of labor refers to the process of dividing tasks among workers at the same level of hierarchy, while vertical division of labor refers to the process of dividing tasks among workers at different levels of hierarchy. Option B

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assume that gdp is $6000, personal disposable income is $5100, and the government budget deficit is $200. consumption is $3800, and the trade deficit is $100. how large is saving (s)?

Answers

S = $1300 , S = Personal Disposable Income - Consumption .

S = $5100 - $3800

S = $1300.

After income taxes are deducted, households' disposable income, sometimes referred to as disposable personal income (DPI), is the amount of money they have available for spending and saving. One of the many important economic indicators used to assess the overall health of the economy is disposable personal income, which is frequently tracked. GDP is a term that can also be used to describe the total amount of money that each home, business, and government made over a specific time period. The flow of personal income and output in an economy is thus measured by GDP. GDP tracks the movement of output and personal income within an economy. a study tip The following is the formula that is the simplest to remember.

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Recording the Sale of Common and Preferred Stock At the end of its first year of operations, Mulligan Corporation has outstanding shares of 116,000 common stock and 18,000 preferred stock. The State of Ohio authorized Mulligan to issue 19,000 shares of 6% preferred stock with a par value of $35 per share and 117,000 shares of common stock with a par value of $6 per share. Any preferred stock sold during the year had a selling price of $45.50 per share. Mulligan's common stock was issued at $20.

Answers

Answer:

the journal entries to record these transactions are:

to record issuance of common stocks

Dr Cash 2,340,000

    Cr Common stocks 702,000

    Cr Additional paid in capital, common stocks 1,638,000

to record the issuance of preferred stocks

Dr Cash 864,500

    Cr Preferred stocks 665,000

    Cr Additional paid in capital, preferred stocks 199,500

2. What do you think Alana's goals should be?








Answers

I think Alana's goal should be to create a budget that will make her save enough money to pay for all expenses.

What's plutocrat? Plutocrat is any item or empirical record that's generally accepted as payment for goods and services and prepayment of debts, similar as levies, in a particular country or socio- profitable environment.The primary functions which distinguish plutocrat are as a medium of exchange, a unit of account, a store of value and occasionally, a standard of remitted payment. What's significance of plutocrat? Plutocrat can not buy happiness, but it can buy security and safety for you and your loved bones. Mortal beings need plutocrat to pay for all the effects that make your life possible, similar as sanctum, food, healthcare bills, and a good education

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which promotional issue is when promotion stimulates demand?

Answers

In case whereby, promotion stimulates demand, then it could bring about lower prices for consumers which can be regarded as promotional issue to the brand.

For demand to be stimulated,  the customers needs are expected to be understood by the brands, and this is at the center of marketing communications.

We can conclude that for promotion to stimulates demand, the result could be lowering of price of goods for the consumer.

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An amortized loan is repaid with annual payments which start at $400 at the end of the first year and increase by $45 each year until a payment of $1,480 is made, after which they cease. If interest is 4% effective, find the amount of principal in the fourteenth payment

Answers

If the amortized loan repaid annually with $400, with interest of $45 and rate of 4 percent, the amount of principal in the last month is $530.18

How to solve for the principal amount

Payment at the end of year 1 = 400

Year increments = 45

Last Payment made = 1480

years left after first payment

\(\frac{1480-400}{45} = 24\)

= (1480 - 400) / 45 = 24

Length of the loan = 24 plus 1 = 25 years( the 25th year payment is 1480)

The payment made in the 14th year

400 + (13x45)

= 985

Calculation of Loan balance After 13 Years

25 - 13 = 12

formula for the present value of the loan = P*[1 - (1+r)^-n / r ] + G*[ ((1+r)^n - 1 / r^2*(1+r)^n) - n / r*(1+r)^n ]

P = amount of loan In 14th Year

= 985

r = 4%

n = Number of years = 12

G = 45

We have to put the values in the formula

present value loan balance = 985*[1 - (1+4%)^-12 / 4% ] + 45*[((1+4%)^12 - 1 / 4%^2*(1+4%)^12) - 12 / 4%*(1+4%)^12 ]

Balance after a period of 13 years = 11,370.45

Amount of interest to be paid in the 14th period = Loan balance * Interest rate

= 111370.45 x 0.04

= $454.82

Principal amount = Payment - Interest

Payment = 985

P = 985 - 454.82

Therefore the Principal is = $530.18

The amount of principal after the 14th payment is $530.18

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which type of team is permanent, meets at a regular time, and addresses quality standards? group of answer choices action teams cross functional teams virtual teams

Answers

Answer:

Functional Teams

Explanation:

Functional teams are permanent in an organization. Functional teams constitute people who are from the same department. They distribute responsibilities according to the hierarchies and their skills. Generally, senior delegates work with the juniors who carry out the tasks accordingly. The senior also has sufficient skills in the domain to review the work of the juniors. They consistently work and produce results to keep the organization going. A functional team needs good communication both horizontally and vertically. An able leader who can manage the team and bring out the best results while making the workplace environment comfortable is a key part of a functional team.

The equipment, ingredients, and employee labor at a restaurant are all:.

Answers

The equipment, ingredients, and employee labor at a restaurant are all essential components for a successful operation. The equipment, which includes appliances, utensils, and machinery, enables the kitchen staff to cook and prepare food efficiently.

High-quality ingredients are necessary to produce tasty and appealing dishes that satisfy the customers' expectations. Additionally, the employee labor is crucial for maintaining the quality of food and providing excellent customer service. Skilled chefs, experienced cooks, and efficient servers are all vital to ensure a smooth and pleasant dining experience.

Without these three components, a restaurant cannot function efficiently or provide high-quality meals and service to customers. Therefore, it is essential to have a well-trained staff, high-quality ingredients, and reliable equipment to run a successful restaurant.

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What was the opening price of Dow Jones Industrial Average on Jul 09, 2018 in the format of XXXXX.XX?

Answers

Answer:

According to yahoo finance, the opening price of the Dow Jones Industrial Average on Jul 09, 2018, is 24519.20.

Explanation:

Dow Jones Industrial Average is a stock indicator of the top 30 companies of the US. Other indicators include NASDAQ Composite and S&P 500.

These indicators are used to assess the performance of the market on a subsequent day. From the historical data from the Yahoo Finance, the value for any day could be found which for July 09, 2018 is 24519.20.

What does this quote mean to you?
"A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well."

Answers

Answer:

It means alot to me it helps me understand what my destiny is

Explanation:

Increases in the amount of human capital in the economy tend to ________ real incomes because they increase the ________ of labor.a. decrease, bargaining powerb. increase, productivityc. decrease, productivityd. increase, bargaining power

Answers

d. increase, bargaining power.

Human capital increases lead to better skills, knowledge, and productivity, which improve labor bargaining power, resulting in higher wages and employment opportunities.

The information, skills, and talents that employees pick up via education, training, and experience are referred to as human capital. Increasing human capital results in improved productivity, which raises pay and improves job prospects. This is due to the fact that employees with more human capital are more effective, productive, and able to complete tasks that call for a greater degree of complexity, responsibility, and creativity. Also, companies are more likely to pay a premium for a worker's abilities and knowledge if they have more human capital, making them more desirable. Workers' enhanced ability to bargain for better working conditions, higher pay and other perks results in higher real earnings. In general, raising human capital is essential for boosting productivity, economic growth, and well-being.

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when you are reading and come to an unknown word what should you do first? a.look for clues in the text b. skip it and keep reading c.look it up in a dictnoiry d.ask the teacher what it means. make sure to have an explanation

Answers

Answer:

I sound it out

Explanation:

and the word is conjunction

Identify the negotiations among the various IGR actors in this story(Witchita confronts contamination). Why were these negotiations so critical in dealing with Wichita’s contamination?

Answers

The negotiations among the various IGR (Inter-Governmental Relations) actors in the story of "Wichita confronts contamination"

were critical in dealing with Wichita's contamination because they involved coordination and cooperation among different levels of government to address the issue effectively In the story of "Wichita confronts contamination," the negotiations among the IGR actors involved representatives from different levels of government, such as local, state, and federal authorities, as well as relevant agencies and departments. These negotiations were critical for several reasons. Firstly, contamination issues often transcend jurisdictional boundaries. In the case of Wichita, addressing the contamination likely required the involvement of multiple levels of government, as contamination can have impacts on public health, environment, and legal regulations, which fall under different spheres of authority. Secondly, negotiations among the IGR actors were necessary to establish a coordinated response and allocate resources effectively. Each level of government may have had different responsibilities and resources to contribute to addressing the contamination. Negotiations helped determine roles, responsibilities, and resource allocation to ensure a comprehensive and efficient response. Furthermore, the negotiations allowed for information sharing and collaboration among the IGR actors. Contamination issues involve technical, scientific, and legal complexities. By coming together and sharing their expertise, the IGR actors could make informed decisions, develop appropriate strategies, and implement effective measures to mitigate the contamination and protect the welfare of the affected population.

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arens, a., r. j. elder, m. s. beasley, and c. e. hogan, 2017, auditing and assurance services: an integrated approach, 17th ed.

Answers

The book "Auditing and Assurance Services: An Integrated Approach" by Arens, Elder, Beasley, and Hogan is a comprehensive resource that covers the field of auditing and assurance services. Now in its 17th edition, the book provides an integrated approach to auditing, focusing on the role of auditors in evaluating and verifying financial information.

The content of the book typically includes topics such as the auditing profession, audit planning and risk assessment, internal control evaluation, audit evidence and procedures, sampling methods, audit reports, professional ethics, and emerging trends in auditing. It is commonly used as a textbook in auditing courses at universities and serves as a reference for professionals in the field of accounting and auditing.

As an integrated approach, the book emphasizes the interconnectedness of different aspects of auditing and how they contribute to the overall assurance process. It provides practical guidance, case studies, and real-world examples to help readers understand the complexities and challenges of the auditing profession.

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What is the basis of the law of demand?
Group of answer choices

Self-interested behavior

Marginal utility

Utility curves

Market timing

Answers

market timing

Explanation:

because that way u wont miss customers

What would you pay for a stock expected to pay a $2.50 dividend in one year if the expected dividend growth rate is zero and you require a 10% return on your investment?

Answers

Answer:

$25

Explanation:

according to the constant dividend growth model

price = d1 / (r - g)

d1 = next dividend to be paid

r = cost of equity

g = growth rate

$2.5 / (0.1 - 0) = $25

explain three steps the ccma will take to resolve a grievance​

Answers

Answer:

 1: If you have a labour problem, it is very important that you take steps immediately. In the case of an unfair dismissal dispute, you have only 30 days from the date on which the dispute arose to open a case. With discrimination cases, you have six months.

2:If you have decided to lodge a dispute, you need to complete a CCMA case referral form, also known as a LRA Form 7.11. These forms are available from the CCMA offices, DOL offices and the CCMA website.

 

Step 3: Once you have completed the form, you need to ensure that a copy is delivered to the other party. You must be able to prove that they received a copy. Acceptable methods include faxing a copy (keep the fax transmission slip), sending it by registered mail (keep the postal receipt), send it by courier (keep proof) or deliver in person (ask the person receiving it to sign for it).

Explanation:

hope it helped!!

On April 1, 1986, Casey deposited $1150 into a savings account paying 9.6%
interest, compounded quarterly. If he hasn't made any additional deposits or
withdrawals since then, and if the interest rate has stayed the same, in what
year did his balance hit $2300, according to the rule of 72?

Answers

Answer:4900

Explanation: it makes sence duh.

A client has a third-degree burn on the leg. The wound is being treated by the open method. After about 4 days, a hard crust has formed around the leg and is impairing the circulation to the leg. What procedure would be done to relieve pressure on the affected area?
A. escharotomy
B. debridement
C. allograft
D. silvadene application

Answers

your answer is third hope it's helpful to you

Allograft procedure would be done to relieve pressure on the affected area.

What is Allograft?

Allograft refers to the transplant of an organ or tissue from one person of the same species to another with a different genotype. For instance, an allograft is a transplant from one individual to another who is not an identical twin. Many human transplants, including those involving cadaveric, live related, and living unrelated donors, use allografts. also referred to as a homograft or an allogeneic graft.

Allografts can be used in a variety of conditions with varied degrees of severity. For instance, bone allograft transplants can be utilized for more cosmetic purposes in dentistry or plastic surgery, as well as to repair limbs in orthopedics.

Allograft transplants can be employed both during the operation and directly for the treatment of patients. A type of bone putty created from donated bone or tissue material is called a demineralized bone matrix. Musculoskeletal allograft transplants are the most popular kind of allograft transplants.

This relates to one of the primary justifications for the use of allograft transplants: synthetic materials can have characteristics that differ from those of biologically human tissue and may not be appropriate for the intended application. In addition, tissue from an allograft transplant usually fuses with the recipient's own tissue over time, becoming an indistinguishable component of the recipient's body. If one's own tissue cannot be used in sufficient quantities, allograft transplants may be employed.

Tissues can be prepared for allograft transplantation using a variety of techniques. To get rid of as many cellular components as feasible, the tissue is treated with antibiotics, and detergents during aseptic processing.

It is also possible to chemically sterilize allograft tissue using the sterilization process. Gamma irradiation, a type of electromagnetic radiation that purges the tissue of microorganisms, is frequently combined with this. However, viruses might not be eliminated by gamma radiation.

Hence, correct option is C.

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Economic profit isthe difference between total revenue and the opportunity cost of all of the resources used in production.the difference between total revenue and the implicit costs of using owner-supplied resources.the difference between accounting profit and the opportunity cost of the market-supplied resources used by the firm.the difference between accounting profit and explicit costs.

Answers

Profitable profit is the difference between the total  profit generated from the  product of goods or services and the  occasion cost of all of the  coffers used in that  product.

It's the return to the entrepreneur for taking on the  threat of running a business. profitable profit takes into account both  unequivocal costs,  similar as the cost of labor and accoutrements , as well as implicit costs,  similar as the  occasion cost of the  proprietor's time and  coffers. By  counting for both  unequivocal and implicit costs,  profitable profit provides a more comprehensive measure of the profitability of a business than simply  counting profit, which only takes into account  unequivocal costs. profitable profit can be either positive or negative, depending on the earnings generated and the costsincurred. However,  also it'll have a positive  profitable profit,

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Sharing information with others is an effective reason to schedule a meeting. Group of answer choices True False

Answers

Answer:

Your answer would be True.

Explanation:

Which of the following is a risk banks should prepare for?
A.
Falling interest rates
B.
Borrowers who don't pay back loans
C.
Too many people requesting loans
D.
People switching to online transactions

Answers

It’s c because if to many people ask loans and won’t pay back they will go down




Hope this helps

Borrowers who don't pay back loans.

______ is the change in total utility that results from the consumption of one more unit of a product.

Answers

The marginal utility is the difference in a consumer's overall utility caused by consuming one more unit.

How Does Marginal Utility Work?

Marginal utility describes the additional enjoyment a consumer receives from having one more unit of a good or service. The concept of marginal utility is used by economists to predict how much of a good consumers would purchase.

The pleasure a consumer experiences from each additional unit of consumption is known as marginal utility. It determines the utility after the initial product is consumed. The marginal utility is the benefit you receive from buying a second bottle of water after first purchasing one.

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Logo and website design are
examples of start-up costs.

Answers

True: Logo and website design are examples of start-up costs. Operating costs include payroll. Building improvements should be calculated into start-up costs.

Question 5 of 10
When gathering information, which of the following tasks might you need to
perform?
A. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
B. Seek out ideas from others and share your own ideas
C. Study objects, conduct lijsts, research written materials, and ask
questions
D. Fill out forms, follow procedures, and apply math and science
SEN

Answers

I’m pretty sure the answer is option C
Other Questions
oth the B2B and B2C buying processes use the same overall concepts (from recognizing a need through evaluation), but their approaches are a little different. B2B buyers are typically more __________ in their buying decisions, indicating their needs in writing and submitting formal proposals. In contrast, B2C buyers are usually more _________ in their buying decisions, where the purchase may be unplanned or even impulsive A student asks how you can find the quotient and the remainder in a division problem like 59336 using a calculator that can perform only the four basic operations. How do you respond? Please help, do not understand. all of the paranasal sinuses are located either above, in between, or below the optic orbits and in the same frontal plane as the optic orbits. all of the paranasal sinuses are located either above, in between, or below the optic orbits and in the same frontal plane as the optic orbits. true Which of these is a poetic device Walt Whitman often uses to emphasizecertain ideas in his poems? (a) Study the photograph above, an aerial of Dawlish Warren spit in Devon.Draw a labelled sketch to describe the features of the spit.(b) With reference to a spit and a sea stack, illustrate how distinctive landforms resultfrom different processes.(4) In the emg experiment. the measured force came from the contraction of which muscles? Can someone please help me if you cant do A B and C Just do A and also for A its asking for what the air temperature is not the definition I will also give Brain to who ever knows the Answer thanks A reason for the creation of the US Constitution was that... Enliste los Derechos del hombre y la mujer en America What is the molar mass of an unknown gaswith a density of 4.95 g/L at 1.00 atm and25.0 C? How do oligopoly firms compete? Your firm purchases goods from its supplier on terms of 23/10, net 30 . a. What is the elfective annuat cost to your firm if it chooses not to take the discount and makes its payment on day 30 ? b. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 40 ? (Hint Use a 365 -day year) 2. In a car engine, an electrical spark from the spark plug ignites the fuel-air mixture in the piston. The explosion and heat cause the air in the cylinder to expand, pushing the piston down. PLEASE HELPPPUsing formal, academic language, write an accurate, developed and insightful overall purpose statement AND THEN a 6-8 sentence CEC body paragraph (no longer) that demonstrates your understanding of the rhetorical choice and its purpose your group analyzed in class..As always, your analysis here should be written in formal, academic prose and should include:1. Purpose Statement with Context:Write an accurate, formal thesis/purpose statement of King's overall purpose across his entire inaugural oral poem. 2. A 6-8 sentence body/CEC paragraph that includes:- A topic/claim sentence that establishes King's purpose in your group's "chunk"/section of the text- Your topic/claim sentence in the previous step should begin with a signal word or phrase indicating to the reader where this occurs in the speech ("King opens with the purpose of......" OR "King then shifts to ---- for the purpose of ........" OR "King closes by --------- to achieve his purpose of --------- ."- Direct quote evidence of his rhetorical strategy/technique- 3-4 sentences of Commentary/Analysis developing how King's rhetorical technique allows him to achieve his purpose stated in your claim/topic sentence above Redox (oxidation-reduction reactions in glycolysisIn glycolysis, as in all the stages of cellular respiration, the transfer of electrons from electron donors to electron acceptors plays a critical role in the overall conversion of the energy in foods to energy in ATP. These reactions involving electron transfers are known as oxidation-reduction, or redox, reactions.Drag the words on the left to the appropriate blanks on the right to complete the sentences. if deprivation of a need leads to pathology, then maslow would say that this need is: Juan needs to rent a car for his road trip to Savannah, GA. Juan asks his friends if he knows how much the car rental costs. Nadia says she paid $50 for a two-day car rental. Johanna says she paid $75 for a three-day rental, and Kristine paid $100 for a four-day rental. Juan made the table below to help him visualize how much his car rental will cost. what happens when a falling object reaches terminal velocity?(1 point) responses it hits the ground and stops. it hits the ground and stops. it speeds up. it speeds up. it slows down. it slows down. it stops accelerating. it stops accelerating. A boulder that is resting on the top of a cliff slips over the edge and accelerates towards the ground. As the rock falls, the amount of kinetic energy.