A budget is a financial plan that outlines the expected income and expenses of an individual, organization, or government for a specific period. It helps in allocating resources, setting financial goals, and controlling spending.
When comparing the budgets of Hong Kong, the United States of America, and Korea, the contents may include revenue projections, expenditure allocations for various sectors (such as healthcare, education, defense), debt management strategies, and economic forecasts. Formats may differ, but they generally follow a structured framework. Advantages of budgets include providing a roadmap for financial decision-making, promoting accountability, and ensuring resource allocation aligns with priorities. Disadvantages can include inaccuracies due to unpredictable economic factors and potential constraints on flexibility.
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Where does the channel of distribution begin?
Answer:
A channel of distribution begins with a producer and ends with an ultimate consumer or industrial user.
Explanation:
QUESTION 2 of 10: Your Maitre'd's starting salary is $38,000/year. You have promised her an 8% raise per year for her first 5 years. What yearly salary be after 5 years? a) $23,725 b) $42,114 c) $49,189 d) $55,834
Answer:
D) 55,834
Explanation:
Crockett Corporation's 5-year bonds yield 8.85%, and 5-year T-bonds yield 6.85%. The real risk-free rate is r* = 4.35%, the default risk premium for Crockett's bonds is DRP = 0.75% versus zero for T- bonds, the liquidity premium on Crockett's bonds is LP = 1.25%, and the maturity risk premium for all bonds is found with the formula MRP = (t 3) 0.25%, where t = number of years to maturity. What is the inflation premium (IP) on 5-year bonds? O 1.85% O 1.40% O 2.00% O 2.30% O 1.55%
The inflation premium (IP) on 5-year bonds is 1.00%.
What is the inflation premium (IP) on 5-year bonds?To get inflation premium (IP) on 5-year bonds, we must know difference between the yield on the 5-year bonds and the sum of the real risk-free rate (r*), the default risk premium (DRP), the liquidity premium (LP) and the maturity risk premium (MRP).
Given
Yield on Rockett Corporation's 5-year bonds = 8.85%
Real risk-free rate (r*) = 4.35%
Default risk premium (DRP) for Crockett's bonds = 0.75%
Liquidity premium (LP) on Crockett's bonds = 1.25%
Maturity risk premium (MRP) = (t - 3) x 0.75%
MRP = (t - 3) x 0.75%
MRP = (5 - 3) x 0.75%
MRP = 2 x 0.75%
MRP = 1.5%
IP = Yield on 5-year bonds - (r* + DRP + LP + MRP)
= 8.85% - (4.35% + 0.75% + 1.25% + 1.5%)
= 8.85% - 7.85%
= 1.00%.
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Which of the following tasks would be completed by a radio announcer
Answer:
Research questions for interviewing guests.
Explanation:
A Radio Announcer has several responsibilities among which could be research questions for interviewing guests, and be the voice of the show, he would have to do troubleshooting, nor train customers, he shouldn´t need to install telecommunication equipment, so the only responsibility that the radio announcer would have from the options would be D) Research questions for interviewing guests.
You purchased 100 shares of Granny Smith stock one year ago. You purchased your stock at $157.21 per share. You earned $232 in dividends this year. If you sold your all your shares today at the current market value of $217.58 per share, what would you rate of return be for the year
The rate of return for the year from the purchase of 100 shares of Granny Smith stock a year ago is 39.88%.
What is the rate of return?An investment's rate of return is the net gain over the specified period.
The return or net gain (Revenue - Cost) is usually expressed as a percentage of the investment's initial cost.
Data and Calculations:Numer of shares purchased = 100
Cost price per share = $157.21
Total cost of purchase = $15,721 ($157.21 x 100)
Dividends for the year = $232
Current price per share = $217.58
Total returns or net gain = $6,269 ($217.58 - $157.21 x 100 + $232)
Rate of return = 39.88% ($6,269/$15,721 x 100)
Thus, the rate of return for the year from the purchase of 100 shares of Granny Smith stock a year ago is 39.88%.
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82. The "buddy system" is an informal orientation system used by some organizations where a new employee is paired with a senior worker who shows the new person around. True False
In this system, a new employee is paired with a more experienced or senior worker who shows the new person around, helps them get familiar with the workplace culture, and provides guidance on work-related tasks.
here the solution is true. The "buddy system" is an informal orientation system that is commonly used by some organizations to pair new employees with senior workers who can provide guidance and support. This helps the new person get acclimated to their new workplace and understand the company culture. the buddy system is a useful tool for onboarding new employees because it helps them feel more comfortable and supported as they learn the ropes. Having a mentor or buddy to show them around and answer their questions can make a big difference in their overall experience and help them feel more connected to their new workplace.
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A provision of an insurance policy that is purchased separately from the basic policy and that provides additional benefits at additional costs called a(n)
The provision of an insurance policy that is purchased separately from the basic policy and that provides additional benefits at additional costs is called a rider.
A rider can be added to a basic policy to customize the coverage to fit the policyholder's specific needs. For example, a person who owns a high-value piece of jewelry may add a jewelry rider to their homeowner's insurance policy to provide additional coverage for loss or theft of the jewelry. Similarly, a person who travels frequently may add a travel insurance rider to their health insurance policy to cover emergency medical expenses while traveling outside of their home country.
Riders can be added to various types of insurance policies, including health insurance, life insurance, auto insurance, and home insurance. They are typically designed to provide extra protection or coverage for specific risks that are not covered by the basic policy. The cost of a rider varies depending on the type of coverage and the insurer.
It is important to review all available riders when purchasing insurance to ensure that you are getting the coverage you need. Adding a rider can provide additional protection and peace of mind in the event of an unexpected loss or accident. However, it is also important to consider the cost of the rider and whether it is worth the additional expense.
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Global Petroleum negotiated a deal with Saudi Arabia in which Global Petroleum would build several refineries in Saudi Arabia and receive oil as partial payment over a 20-year period. This is an example of
Considering the situation described above, when Global Petroleum negotiated a deal with Saudi Arabia, this is an example of Bartering.
What is a Bartering?Bartering is a transaction agreement whereby both parties agree to pay with goods or services without using money.
Therefore, in this situation, when Global Petroleum negotiated with Saudi Arabia to receive oil as partial payment over 20 years. This is an example of Bartering.
Hence, in this case, it is concluded that the correct answer is Bartering.
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According to the video, in which areas are Accountants and Auditors involved? Select four options. budgeting hiring training planning cost control employee compensation event planning
Answer: budgeting
planning
cost control
employee compensation
Explanation:
The areas that accountants and auditors are involved in in an organization include the budgeting, planning, cost control and employee compensation.
We should note that the accountant and the auditors are involved in the financial aspect of the company, hence, the reason for the options chosen.
Hiring and training is the function of the human resource department.
Answer: 1, 4, 5, and 6
1.) budgeting
4.) planning
5.) cost control
6.) employee compensation
Explanation: i hope this helps :)
A neighbor’s kid comes into your backyard and jumps on the trampoline without your permission or knowledge. He falls off and lands on his head, resulting in a week’s hospital stay.
The first step should making sure such child receives proper medical attention. When he is well, we can have a conversation with the neighbor to prevent it from happening again..
What should be done in the event?It is very important to prioritize the child's health in this situation and once the medical attention has been sought, we can have a calm and respectful conversation with the child's parent to discuss the incident for future interactions.
One can also review any legal liabilities or insurance policies that could be involved. So, by taking proactive steps to prevent similar incidents in the future can help maintain positive relationships with neighbors while ensuring everyone's safety.
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Measuring conversions is a good way to calculate your ROI. Which of the following is a commonly calculated conversion? a shares, b sediment, c downloads, d likes
A commonly calculated conversion from the list is shares. The answer to this question is option a.
What are shares?Shares can be described as a unit that is called mutual funds. The owner of a share is regarded as a shareholder.
Shares can be converted to be money. Therefore it is the best answer to this question.
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Individuals and groups that buy the goods and services an organization produces are called _____.
Answer:
customers
Explanation:
because they are the one who buy goods
All of the brands that Miguel can easily call to mind for laundry detergents, whether he would consider buying them or not, comprise his ______ set.
The set of all the laundry detergent brands that Miguel can easily recall, whether or not he would consider buying them, is known as his "evoked set."
The evoked set represents the subset of brands that come to Miguel's mind when he thinks about laundry detergents. These brands may have been influenced by various factors such as advertising, personal experiences, recommendations, or familiarity. The evoked set does not necessarily indicate Miguel's preference or intention to purchase, but rather it represents the brands that are readily accessible in his memory.
The evoked set plays a significant role in consumer decision-making as it serves as a starting point for consideration when Miguel is in the process of making a purchasing decision. From his evoked set, Miguel will further evaluate and compare the brands based on specific criteria such as price, quality, features, or personal preferences, ultimately narrowing down his choices and making a final decision.
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Which of the following is NOT an example of a metric
?
Answer:
can you tell me what the choices are and I'll answer in the comments
Explanation:
floor gang aooh sub to pewdiepie
how to write an action plan
Answer:
to write action plan you need to make an action
Products produced in a competitive market are
differentiated
unique
standardized and differentiated
standardized
Answer:
Standardized
Explanation:
Firms that are purely competitive provide a standardised (same or homogenous) product. Consumers will be unconcerned about whose vendor they acquire the goods from as long as the pricing is the same.
Monopolistically competitive companies make a typical profit in the long run since entrance into the market is easy. The sort of goods supplied distinguishes oligopoly from perfect competition.
Regina, Brock, and Sean are website designers who have been tasked to create a new website together.
This is an example of:
alliance
collaboration
punctuality
relationship
Answer:
B: Collaboration
Explanation:
I took the test
Answer:
B: Collaboration
Explanation:
I took the test
Which type of investment income happens when a company
shares its profits with investors?
Answer:
B is the answer
Explanation:
i just did the quiz
Question 1 A few years ago, Innovy Pty Ltd commenced business in the renewal energy industry. The company is unlevered. Currently, the company possesses very few capital assets. By the nature of its business, the company has been investing, and will continue to so, in research and development projects every year. Hence, the company is operating at a loss. It is only expected to turn profitable in four years. After that, profits are expected to increase at a rate of 30 percent for a period of six years. Thereafter, growth will moderate at 4 percent per annum into the foreseeable future. The directors are optimistic about the forecasts. Required: a. Advise the directors of Innovy Pty Ltd the capital structure policy the company should adopt for the next four, ten and fifteen years. Your answer must apply and explain the relevant capital structure theories. Word count limit: 250 words. To provide the word count at the beginning of your answer. (15 marks) b. Explain clearly Modigliani and Miller's Proposition I in a perfect world. What adjustments must be made to this proposition if corporate taxes and bankruptcy risk exist? Your answer must include the explanation of the appropriate cost curves and value graphs. Word count limit: 300 words. To provide the word count at the beginning of your answer (25 marks) c. According to Graham (2011), the two most popular debt policy factors listed were financial flexibility and credit rating. Critically discuss this finding. (10 marks)
a. Innovy Pty Ltd, being a company operating in the renewable energy industry and currently in the research and development phase, should adopt a flexible capital structure policy that allows for sufficient financial flexibility to support its growth and investment needs. In the next four years, as the company is operating at a loss, it is advisable to rely on equity financing to fund its operations and R&D projects. Equity financing will help avoid excessive debt burdens and interest payments during the initial stage of the business.
However, once Innovy Pty Ltd becomes profitable after four years, it can consider a mix of debt and equity financing for its capital structure. As profits are expected to increase at a rate of 30 percent for the following six years, the company can take advantage of the growth by issuing debt to finance its expansion plans. The use of debt can provide tax advantages through interest deductions and leverage the company's profitability.
After the six-year period, when growth is projected to moderate at 4 percent per annum, the company should aim for a conservative capital structure. It should focus on maintaining a strong credit rating and lower financial risk. A combination of retained earnings and limited debt financing can be appropriate to support sustainable growth while minimizing financial distress.
b. Modigliani and Miller's Proposition I states that in a perfect world, the value of a firm is independent of its capital structure. It implies that the total value of a firm remains constant, regardless of whether it is financed through equity or debt. This proposition is based on the assumption of perfect capital markets, no taxes, no bankruptcy costs, and no agency costs.
However, in the real world, corporate taxes and bankruptcy risk do exist and impact the validity of Proposition I. With corporate taxes, the value of a levered firm increases as interest payments on debt are tax-deductible, resulting in a tax shield that reduces the overall tax liability. This creates an advantage for debt financing, and the value of the firm increases with the optimal level of debt.
In the presence of bankruptcy risk, the costs associated with financial distress and potential bankruptcy proceedings affect the value of the firm. As debt increases, the probability of financial distress and bankruptcy also increases, leading to higher bankruptcy costs and reduced firm value. Therefore, the optimal capital structure balances the tax advantages of debt financing with the costs and risks of financial distress.
The cost curves and value graphs associated with Modigliani and Miller's Proposition I are the weighted average cost of capital (WACC) curve and the firm's value curve. In a perfect world without taxes and bankruptcy risk, the WACC is constant across different capital structures, and the firm's value is represented by a straight line. However, when taxes and bankruptcy risk are considered, the WACC decreases as the proportion of debt in the capital structure increases, leading to an upward-sloping value curve.
c. Graham's (2011) finding highlights financial flexibility and credit rating as the two most popular factors influencing debt policy decisions. Financial flexibility refers to a company's ability to raise capital and adapt to changing financial circumstances. It is crucial for companies to have sufficient financial flexibility to pursue growth opportunities, weather economic downturns, and manage unexpected events.
Credit rating plays a significant role in a company's debt policy. A good credit rating enables a company to access debt financing at lower interest rates and favorable terms. It indicates the company's ability to meet its financial obligations and reduces the perceived risk for lenders and investors.
These two factors are critical because they are interrelated. Financial flexibility provides the capacity to maintain a strong credit rating, while a good credit rating enhances financial flexibility by providing access to affordable debt capital.
However, it is important to note that financial flexibility and credit rating are not the only factors to consider in debt policy decisions. Other factors, such as cost of capital, cash flow
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which grocery store food stores use vegetable and fruit plastic bags that are bpi certified compostable?
Trader Joe’s is the grocery and food store that use vegetable and fruit plastic bags, which are completely safe and are BPI certified as well as compostable.
Compostable goods can be referred to or considered as the goods that are easily able to be bio-degraded in such a way that the damage caused to the environment is minimized. And at the same time, is also not harmful for health-related concerns.
Usually, plastic bags are used by grocery stores for storing and packaging their fruits and vegetables. However, some stores use compostable plastic bags, thereby maximum benefits of the compostable goods.
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Paula receives a nonliquidating distribution from Pell Corporation. Paula’s basis for her Pell stock is $10,000. In exchange for her stock, Paula receives real estate with an $8,000 basis and a $15,000 fair market value that is subject to a $2,000 mortgage. What is Paula’s basis in the real estate she received?
Answer: $13000
Explanation:
From the question, we are told that Paula receives a nonliquidating distribution from Pell Corporation. Paula’s basis for her Pell stock is $10,000 and in exchange for her stock, Paula receives real estate with an $8,000 basis and a $15,000 fair market value that is subject to a $2,000 mortgage.
The amount of Paula’s basis in the real estate she received will be the net fair market value of the real Estate. It should be noted that this is the difference between the market value and the mortgage amount. This will be:
= $15,000 - $2,000
= $13,000
A debt instrument is called _ if its maturity is less than a year. A debt instrument is called if its maturity is between one year and 10 years. A debt instrument is called if its maturity is greater than 10 years. A three month Treasury bill is a _market instrument. The
A debt instrument is called short-term if its maturity is less than a year. A debt instrument is called intermediate-term if its maturity is between one year and 10 years. A debt instrument is called long-term if its maturity is greater than 10 years. A three month Treasury bill is a money market instrument. The capital market instruments include debt instruments with maturity greater than one year and equities.
Short-term debt instruments have a maturity of less than a year. They are typically used to meet short-term financing needs and are characterized by lower risk and lower interest rates compared to longer-term debt. Examples of short-term debt instruments include Treasury bills, commercial paper, and certificates of deposit.
Intermediate-term debt instruments have a maturity between one year and 10 years. They occupy a middle ground between short-term and long-term debt. They are used for medium-term financing needs and offer a moderate level of risk and interest rates. Examples of intermediate-term debt instruments include corporate bonds and certain types of government bonds.
Long-term debt instruments have a maturity greater than 10 years. They are used for long-term financing needs and carry a higher level of risk and potentially higher interest rates. Long-term debt instruments provide issuers with access to larger amounts of capital. Examples of long-term debt instruments include government bonds with longer maturities, mortgage bonds, and corporate bonds with longer tenures.
Money market instruments are short-term debt instruments with a maturity of less than a year. They are highly liquid and generally considered to be low-risk investments. Treasury bills, specifically three-month Treasury bills, are examples of money market instruments that are issued by the government to finance its short-term borrowing needs.
Capital market instruments encompass both debt instruments with maturities greater than one year and equities. They are used for long-term financing and investment purposes. Debt instruments in the capital market include long-term government and corporate bonds. Equities represent ownership in a company and are traded in the stock market. Examples of capital market instruments include stocks, corporate bonds, and long-term government bonds.
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Although she hates the work, Jessica has spent most weekends and the last three summers as a shortorder cook; she has an associate's degree in paralegal studies; she loves to ride and spends every spare minute helping her uncle with his three horses. Now that she's planning to start a business, her best choice would probably be a A. legal research service. B. restaurant. End of exam C. fast-food franchise. D. riding stable.
Tactical forecasts are _________ term, while strategic forecasts are _____________ term.
Tactical forecasts are short term, while strategic forecasts are medium and long term.
In the sales and operations planning process, short- and mid-term predictions are utilized to drive production planning. They are typically created over a 12- to 18-month period at an aggregate (e.g., product group) level.Strategic planning and forecasting is the act of looking forward and identifying trends and concerns against which corporate goals may be aligned. This entails connecting a division, section, unit, or team to a higher-level plan.Forecasting, in essence, allows a company to look at previous trends as well as its present position and anticipate the future. Business forecasting tools may help you anticipate sales, budgets, and more. Using data and industry trends to provide an accurate picture of your company's potential can help you define and accomplish goals.Thus the answer is short; medium and long.
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17. Lewis signed a contract for the rights to all timber located on Nine Mile Mine. He agreed to pay $70 per thousand board feet ($70/mbf). As he began work, Nine Mile became convinced that Lewis lacked sufficient equipment to do the job well and forbade him to enter the land. Lewis sued. Nine Mile moved for summary judgment. The mine offered proof that the market value of the timber was exactly $70/mbf, and Lewis had no evidence to contradict Nine Mile. The evidence about market value proved decisive. What is the issue
rising prices erode the value of money as a ________ and as a ________.
Rising prices erode the value of money as a medium of exchange and as a store of value.
What is inflation?It is the sustained and broad rise in the prices of goods and services in the economy of a country over time (one year, normally).
When there is an increase in the price level of the economy, the money loses value, lowering our purchasing power, and raising interest rates. Inflation can cause a slowdown in economic growth and recession in some cases.
The people most affected by inflationary processes are low-income families and older people because inflation lowers the values of pensions and wages.
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g xyz corp expects to earn $4.0 per share next year and plow back 37.5% of its earnings (i.e., it expects to pay out a dividend of $2.5 per share, representing 62.5% of its earnings). the dividends are expected to grow at a constant sustainable growth rate and the stocks are currently priced at $30 per share. how much of the stock's $30 price is reflected in present value of growth opportunities (pvgo) if the investors' required rate of return is 20%?
The present value of growth opportunities (PVGO) for g xyz corp's stock is $10.
To calculate the PVGO, we first need to find the stock's dividend discount model (DDM) value. Here's a step-by-step explanation:
1. Calculate the dividend in the next year (D1): Since the company expects to pay a dividend of $2.5 per share, D1 = $2.5.
2. Determine the required rate of return (r): The investors' required rate of return is given as 20% (0.2).
3. Calculate the sustainable growth rate (g): The company plows back 37.5% of its earnings. The payout ratio is 62.5% (1 - 37.5%). With earnings per share (EPS) of $4.0, the growth rate (g) = EPS × retention ratio = $4 × 37.5% = $1.5.
4. Find the DDM value (P0): Using the Gordon Growth Model, P0 = D1 / (r - g) = $2.5 / (0.2 - 0.0375) = $2.5 / 0.1625 = $15.385.
5. Calculate the PVGO: Subtract the DDM value from the stock's current price: PVGO = $30 - $15.385 ≈ $10.
Thus, $10 of the stock's $30 price is reflected in the present value of growth opportunities.
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Several theories try to account for the existence of the informal sector: a legalistic/libertarian approach, a structuralist approach, and a survivalist approach. Give a one-sentence overview of each. Why does understanding each theory matter?
By considering the legalistic/libertarian, structuralist, and survivalist perspectives, a more comprehensive understanding of the informal sector can be developed.
The legalistic/libertarian approach posits that the informal sector exists due to excessive government regulation and intervention, which drives individuals and businesses to operate informally to avoid bureaucratic constraints.
The structuralist approach asserts that the informal sector is a result of structural issues within the economy, such as income inequality, underemployment, and limited opportunities for formal employment.
Lastly, the survivalist approach suggests that the informal sector exists as a means for individuals to make a living and meet their basic needs when formal employment opportunities are scarce or unavailable.
Understanding each theory matters because it enables policymakers and stakeholders to address the root causes of the informal sector's existence and develop appropriate strategies to reduce its negative effects, such as tax evasion and labor exploitation, while fostering the positive aspects, like entrepreneurship and self-reliance.
By considering the legalistic/libertarian, structuralist, and survivalist perspectives, a more comprehensive understanding of the informal sector can be developed, ultimately leading to better-informed policy decisions and interventions.
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What caused the change in the yen's exchange rate? According to this graph, how has the yen's exchange rate changed?.
Answer: demand decreased
and
it has fallen
Explanation:
hope this helps <3
Decrease in demand has caused the change in the yen's exchange rate. Due to decrease in demand yen’s exchange rate has fallen.
What is exchange rate?The value of one country's currency in comparison to that of another or an economic region is known as the exchange rate. The majority of exchange rates are free-floating and fluctuate according to market supply and demand. There are some exchange rates that are restricted and not free-floating; instead, they are tied to the value of other currencies.
Exchange rates are typically either free-floating or set. Changes in the foreign currency market cause a free-floating exchange rate to rise and decrease. The value of one currency is linked to a set exchange rate. Spot rates, often known as cash values or market values, are one type of exchange rate that might exist. An exchange rate may also have a forward value, which is determined by predictions of the currency's future worth in relation to its current spot price.
Changes in the foreign currency market cause a free-floating exchange rate to rise and decrease. The value of one currency is linked to a set exchange rate. Spot rates, often known as cash values or market values, are one type of exchange rate that might exist. An exchange rate may also have a forward value, which is determined by predictions of the currency's future worth in relation to its current spot price. For example, USD stands for the United States dollar, while EUR stands for the Euro. EUR/USD is the currency pair that represents the dollar and the euro. It's USD/JPY, or dollar to yen, in the case of the Japanese yen. A conversion rate of 100 means that one dollar equals 100 yen.
One notable example of a nation with a restricted rate structure is China. The Chinese yuan is a currency that the government also controls. The Chinese government decides on a midpoint value for the currency each day, which gives the yuan a trading range of 2% from the midpoint.
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A healthcare organization’s insurance coverage is:
the amount that the insurance company will pay for costs associated with risks
the amount that the healthcare organization pays to the insurance company
the amount that the healthcare organization pays for costs associated with risks
the amount that the healthcare organization will pay for a legal case
Answer:
A
Explanation:
the answer to this question is a
Answer:
A
Explanation:
- the amount that the insurance company will pay for costs associated with risks
correct on Edge