You bought 300 shares of General Electric (GE) stock at $7,800 on January 2, 2015. Your inten- tion is to keep the stock until it doubles in value. If you expect 6% annual growth for GE stock, how many years do you anticipate holding onto the stock?
Answers
Where the above conditions are given, you should expect to hold the stock for 12 years before it doubles in value.
How is this so?
The number of yearsit takes for an investment to double in value can be calculated using the Rule of 72.
The Rule of 72 states that the number of years it takes for an investment to double in value isequal to 72 divided by the annual growth rate.
In this case, the annual growth rate is 6%. Therefore, the number of years it takes for the investment todouble in value is 72 / 6 = 12 years.
Therefore, you should expect to hold the stock for 12 years before it doubles in value.
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Related Questions
4. Should the revelation that Tucker's chief financial officer had been convicted of
embezzlement affect the assessment of Tucker? Why or Why not?
Answers
Yes, since if word got out that Tucker's senior economic officer had been found guilty of theft, it would undoubtedly change how Tucker was viewed.
What is the meaning of finance?The process of securing financing for all kinds of expenses is referred to as finance. It comprises distributing different financial resources, including as credit, leases, and investment capital, to the businesses that can make the most use of them.
On the other hand, even if the theft occurred before the individual worked for Tucker and the company was unaware of a criminal record, this could still be harmful to the hiring and screening processes at Tucker. If the corruption conviction was made public, it would definitely affect how people view Tucker as a company and cast doubt on its morals, management philosophy, and financial stability.
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______ is when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.
Answers
The best description of the definition given above is Related diversification because it entails when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.
What is Related diversification?Related diversification refer to a situation when a firm change into another new industry that is very similar with the firm's existing industry or industries
The benefit of related diversification is it allow the sharing of related resources and ensures profit of real diversification.
Therefore, Related diversification is when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.
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The denominator activity is the ______. Multiple choice question. estimated total overhead cost actual total overhead cost actual total of the allocation base estimated total of the allocation base
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The denominator activity is defined as the estimated total overhead cost.
This is important during budget preparation so as to have an idea of the
amount needed to run a project.
The denominator activity is also referred to as denominator level and in
situations where there is an increasing or decreasing inventory in an
organization, a lower or higher denominator level is needed respectively.
This helps to ensure that there is an increase in absorption costing income
when at lower denomination level and decrease in absorption costing
income at higher denomination level.
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True or false 15. Because they have personal resources at risk, prospective investors tend to look carefully at the business plans they receive. ANS: 16. Investors prefer lengthy business plans because they need details before making an investment decision. ANS:
Answers
True. Prospective investors tend to carefully review business plans as they have personal resources at risk.
False. Investors do not necessarily prefer lengthy business plans, but rather they look for concise and relevant information to make investment decisions.
It is true that prospective investors tend to scrutinize business plans because they have personal resources at risk. Investors want to ensure that their investment is well-founded and has a high likelihood of generating returns. They carefully evaluate the business plan to assess the viability of the venture, including its market potential, competitive advantage, financial projections, and management team. By conducting a thorough review, investors aim to mitigate risks and make informed decisions about allocating their resources.
The statement is false. While investors do value detailed information, they do not necessarily prefer lengthy business plans. What investors seek is concise and relevant information that effectively communicates the key aspects of the business opportunity. A lengthy plan filled with unnecessary details can be overwhelming and may obscure the critical information that investors are looking for. A well-structured and focused business plan that highlights the unique value proposition, market analysis, financial projections, and growth strategies is more likely to capture the attention and interest of investors. The emphasis should be on presenting a compelling and well-supported case rather than overwhelming investors with excessive details.
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Sicely invests 4600 dollars in an account paying an effective rate of interest of 4.2 percent. Two years later, she deposits an additional 1300 jollars. If there are no other transactions, how long will it take (from the time of thefirst investment) for her account balance to reach 10000 dollars?
Answers
It will take 20.64 years for Siceli's account balance to reach $10,000, assuming she makes an additional deposit of $1,300 after 2 years.
We can use the compound interest formula to calculate the time it takes to reach $10,000:
FV = PV * (1 + r/n)^nt
Where:
FV is the future value ($10,000)
PV is the present value ($4,600)
r is the annual interest rate (4.2%)
n is the number of compounding periods per year (1)
t is the number of years
We can solve for t:
10000 = 4600 * (1 + 0.042)^t
(1 + 0.042)^t = 2.173913
t = log(2.173913) / log(1 + 0.042)
t = 19.42 years
Therefore, it will take 19.42 years for Siceli's account balance to reach $10,000.
However, we need to take into account the additional $1,300 that Siceli deposits after 2 years. So we need to adjust the formula:
FV = PV * (1 + r/n)^nt + A
Where:
A is the additional amount deposited ($1,300)
We can solve for t:
10000 = 4600 * (1 + 0.042)^t + 1300
(1 + 0.042)^t = 2.617391
t = log(2.617391) / log(1 + 0.042)
t = 20.64 years
Therefore, it will take 20.64 years for Siceli's account balance to reach $10,000, assuming she makes the additional deposit after 2 years.
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Corporations can raise large amounts of money because:
shares of stock can be purchased in small amounts, so even small investors can participate.
investors always prefer to invest in stock so they can receive dividends.
stocks are always a good investment.
investing in the stock market is the surest way to get rich quick.
Answers
Because shares of stock can be bought in tiny increments, even novice investors can take part in corporate fund-raising efforts.
What do you mean by corporations?A corporation is a business entity whose shareholders elect a board of directors to run its affairs. The corporation, not the shareholders, is in charge of the company's activities and financial situation. a large company run by a collection of companies as a single unit: a multinational corporation. UK Broadcasting Corporation
What is the importance of corporations?In order to create value over the long term, a corporation must conduct legal, moral, profitable, and sustainable business practises. This necessitates taking into account the stakeholders who are essential to its success (shareholders, employees, customers, suppliers, creditors, and communities), as determined. A corporation protects its owners' personal assets from liability more than any other type of entity. For instance, even if a company's assets are insufficient to cover its debts, its investors will not be held personally liable in the event of a lawsuit.
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When does information become as liability for an organization
Answers
Answer:
after college hope it help :)
Explanation:
Answer:
when it is not managed properly
Explanation:
PLATO
Tom is the aerobics coordinator at a fitness center. He needs a more efficient way for his instructors to share information. Class schedules are updated on a regular basis. Instructors need to indicate when they cannot teach a class and other instructors need to be able to sign up to cover the class. Instructors also often attend training classes and learn new procedures. Having a place to share their learning and update procedures will benefit them and their clients. Cindy is taking a business class and told Tom about a great tool that will serve their needs. What was the technology tool Cindy told Tom about
Answers
Answer:
wikis technological tool
Explanation:
As regards to the case above, the technology tool Cindy told Tom about is wikis technological tool . A wiki can be regarded as collaborative tool that provides students with enablement to make contribution and to perform modifications on one or more than one pages of course related materials. This tool is collaborative in nature, as a result of this, it facilitate community-building within a course. a wiki can be regarded as a web page and a collaborative software that has an open-editing system. It was set up to
the lexicon by Ward Cunningham who was a programmer
Before the Industrial Revolution, the doctrine of ________ governed the employment relationship in the United States.
Answers
The philosophy of laissez-faire ruled the job relationship in the United States prior to the Industrial Revolution. Hence, the correct answer is laissez-faire.
What exactly was the Industrial Revolution?The Industrial Revolution was the transition to new industrial processes that occurred in the United Kingdom, continental Europe, and the United States between around 1760 and 1820-1840. The transition from hand to machine production methods, new chemical manufacturing, and iron production processes, increasing use of steam and water power, machine tool development, and the formation of the mechanized industrial system was all part of this change. Output increased substantially, leading to record increases in population and population growth rate. In terms of employment, output value, and capital invested, textiles dominated the Industrial Revolution. The textile industry was also the first to use modern production processes.
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Smith Engineering(SE) had grown to a company with $25 million in sales. The business base consisted of two contracts with the Ministry of Energy(MOE), one for $15 million and one for $8 million. The remaining $2 million consisted of various smaller jobs for $15,000 to $50,000 each. The more significant contract with MOE was a five-year contract for $15 million per year. The contract was awarded in 2010 and was up for renewal in 2015.
MOE had made it clear that, although they were very pleased with the technical performance of SE, the follow-on contract must go through competitive bidding by law. Marketing intelligence indicated that MOE intended to spend $10 million per year for five years on the follow-on contract with a tentative award date of October 2015. On June 21, 2015, SE received the solicitation for the proposal and did not consider the technical requirements of the proposal request to be a problem. There was no question in anyone’s mind that, on technical merit alone, SE would win the contract. The more serious issue was that MOE required a separate section in the proposal on how SE would manage the $10 million/year project and a complete description of how the project management system at SE functioned. When SE won the original bid in 2010, there was no project management requirement. SE had accomplished all projects through the traditional organizational structure. Line managers acted as project leaders.
In July 2015, SE hired a consultant to train the entire organization in project management. The consultant also worked closely with the proposal team in responding to the MOE project management requirements. SE submitted the proposal to MOE during the second week of August. In September 2015, MOE provided SE with questions concerning its proposal. More than 95 percent of the questions involved project management. SE responded to all questions. In October 2015, SE received notification that MOE would not grant the contract. MOE stated that they had no "faith" in the SE project management system during a post-award conference. SE is no longer in business.
Questions:
Provide four reasons for the loss of the contract? (4 x 15 Mark)
Explain two suggestions by which SE could avoid the loss of the contract. ( 2 X10 Mark)
Does it seem realistic that proposal evaluation committees consider project management expertise as important as technical ability? Why? Provide two justifications. (2 x 10)
Answers
The Smith Engineering (SE) lost the MOE contract because of the following reasons:They lacked a proper project management system.MOE was clear that although they were happy with SE’s technical performance, they needed to go through competitive bidding due to the law. SE submitted a proposal to MOE with a project management system that was not reliable or could not be trusted, hence their rejection.
Their proposal was lacking and failed to meet the expectations of the MOE. There was a section that was needed in the proposal on how SE would manage the $10 million/year project. Their proposal failed to highlight how they would achieve the objectives of the project.
The SE failed to provide a clear and detailed description of how their project management system functions, which led to the MOE questioning their proposal.
Two suggestions by which SE could avoid the loss of the contract:
SE needs to hire experienced project managers who understand the management system and have experience in similar projects. This will help to build confidence in their project management system.SE needs to focus on building a good relationship with MOE by working on smaller projects before applying for large contracts. This will give MOE confidence in the reliability of SE, and it will also give SE an opportunity to demonstrate their capabilities to MOE.
Proposal evaluation committees consider project management expertise as important as technical ability for the following reasons:
Good project management is essential in delivering a successful project on time and on budget. Technical ability alone is not sufficient to guarantee success.Project management expertise ensures that a project runs smoothly, and the deliverables meet the client’s requirements. It also helps in identifying and mitigating risks, which can help in avoiding potential issues.
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Grayson really wants to get an a on his upcoming math test but he hates studying. He decides to set a goal for himself to study for 20 minutes every night this week and preparation for the quiz Friday.What kind of goal Grayson set for himself?
Answers
Answer: short term goal
Explanation:
A short-term goal is a goal that an economic agent such as an individual or a fitm wants to achieve or accomplish soon. Short term goals are goal that one wants to achieve maybe today, in a week, in a month or even probably a year.
Since Grayson really wants to get an a on his upcoming math which is coming soon, the goal that he sets to study for twenty minutes every night is referred to as a short term goal.
Estimated cost and operating data for three companies for the upcoming year follow:
Predetermined overhead rates are computed using the following allocation bases in the three companies:
(b) Assume that Company X works on three jobs during the upcoming year. Direct labor-hours recorded by job are: Job 418,12,000 hours; Job 419,36,000 hours; and Job 420,30,000 hours. How much overhead will the company apply to Work in Process for the year? If actual overhead costs total 530,000 for the year, will overhead be underapplied or overapplied? By how much?
Answers
Estimated cost and operating data for three companies for the upcoming year the Predetermined Overhead Rate:
Calculation is attached in the image.
The foreordained overhead charge may be a plantwide overhead fee based on the assessed add as much as overhead fetched and the evaluated upload as much as overhead driver. The charge is utilized to apply overhead costs to employments in a task-order costing framework.
First, we want to determine the predetermined overhead fee:
Predetermined production overhead rate= total envisioned overhead expenses for the period/ overall amount of allocation base.
Now, to calculate the over/under allocation, first, we need to allocate overhead for the entire employer.
allotted MOH= predicted
production overhead fee* real quantity of allocation base.
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seyall industries uses a progressive discipline program when disciplinary action is required. terri is going through this process and has received counseling. if improvement is not made, what is the expected next step in a typical procedure?
Answers
The expected next step in a typical disciplinary procedure for Seyall Industries would be a verbal warning.
If Terri does not show improvement after receiving counseling, she will be given a verbal warning as part of the progressive discipline program. This is typically followed by a written warning, suspension, and finally, termination if the employee does not make the necessary improvements.
It is important for employees to take the disciplinary process seriously and make an effort to improve their performance or behavior in order to avoid further disciplinary action.
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VitaLive has authorized the development of a video game based on new technology. Which of the following is an example of a risk that has to be accepted because it cannot be mitigated?
Answers
Answer:
There is a risk that a competitor may beat them to market with a similar product.
Andy, 68, has a gross estate currently valued at $2,500,000 that consists primarily of highly appreciated growth securities. Within the last six months, andy transferred $500,000 worth of these securities to his wife, harriet. His cost in these securities was $200,000. Harriet recently died. The fair market value of the transferred securities at the time of her death was $500,000. The securities passed to andy under the terms of harriet's will. Which one of the following is an income tax implication of the transfer of stock?.
Answers
$200,000 cost in these securities was the following is an income tax implication of the transfer of stock.
What is a transfer of stock?Shares may be transferred from one shareholder to another. Subject to the terms of the insider regulations, shareholders may conduct business with either other shareholders or fresh shareholders. The constitution must be followed in order for shares to be transferred.
Since Harriet didn't live more than a year, the commodity is a base because it does not meet the requirements for a reverse gift. Therefore, $200,000 will serve as the base.
Therefore, if the fair value of the transmitted stocks at the time of her passing was $500,000 and his investment in these stocks was $200,000, The transfer of stock has a $200,000 income tax impact.
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who does the term public refer to when used in accountancy
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If a market is in equilibrium, then it is impossible for a social planner to raise economic welfare by increasing or decreasing the quantity of the good. True or false?.
Answers
False. If a market is in equilibrium, it means that the quantity demanded by consumers is equal to the quantity supplied by producers, and there is no shortage or surplus of the good.
In this situation, the market is efficiently allocating resources and maximizing economic welfare. However, it is possible for a social planner to raise economic welfare by either increasing or decreasing the quantity of the good. If the social planner increases the quantity of the good, it could lead to an increase in consumer surplus, as more consumers are able to purchase the good at a lower price. This can result in a higher overall economic welfare.
Conversely, if the social planner decreases the quantity of the good, it could lead to a decrease in consumer surplus, as fewer consumers are able to purchase the good at a higher price. However, this reduction in quantity may be necessary to address externalities or market failures, which can improve overall economic welfare.
Therefore, in equilibrium, it is not impossible for a social planner to raise economic welfare by adjusting the quantity of the good.
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which source of credit typically requires the highest interest rate?
Answers
Consumers have access to a wide variety of credit sources, each of which has pros and disadvantages of its own. Payday loans are the financial product that normally has the highest interest rate when it comes to interest rates.
Payday loans are small, temporary loans that are frequently returned on the borrower's next paycheck. Those who need money urgently and may not have access to other types of credit frequently utilize them.
Payday loans, however, have extremely high-interest rates, frequently exceeding 400% APR. These payday loans often come with interest and charges. Many a time a loan taken or borrower fails to pay the loan on time then fee and additional charges can be put on him/her.
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. Company A has a P/E ratio of 15 . Company B has a P/E ratio of 66 . What would you say (only knowing this information) about the two companies and how investors have evaluated them? 2. Why is it important to know a company's ratio of net income to net worth? What does this tell you about the company's performance that overall earnings do not?
Answers
A high P/E ratio indicates that investors are willing to pay more for every dollar of earnings of the company with the higher ratio because they believe the company has a better chance of growing its earnings in the future.
A low ROE implies that management is not making effective use of shareholder funds, which could be a cause for concern for investors.
Based solely on the P/E ratios, we can say that investors may have a higher expectation for Company B's future earnings growth compared to Company A. A high P/E ratio indicates that investors are willing to pay more for every dollar of earnings of the company with the higher ratio because they believe the company has a better chance of growing its earnings in the future.
The ratio of net income to net worth, also known as return on equity (ROE), tells us how efficiently a company is using its shareholders' equity to generate profits. It measures the amount of profit generated per dollar of shareholder equity invested in the company. ROE provides insight into a company's financial performance beyond overall earnings because it shows how effectively management is utilizing the company's capital base to generate returns. If a company has a high ROE, it suggests that management is effectively using shareholder funds to generate profits and increase the value of the company. Conversely, a low ROE implies that management is not making effective use of shareholder funds, which could be a cause for concern for investors.
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Microeconomics analyzes how we choose to use our resources on a smaller scale and includes measures of performance such as
Answers
Microeconomics analyzes how individuals and firms make decisions regarding the allocation of scarce resources. It focuses on understanding the behavior of consumers and producers and how they interact in markets. In this context, measures of performance are used to evaluate the efficiency and effectiveness of resource allocation. Measures of performance in microeconomics include price, quantity, consumer surplus, producer surplus, and market equilibrium.
1. Price: This refers to the amount of money that buyers are willing to pay for a good or service and the amount that sellers are willing to accept in exchange. It is an important measure as it reflects the value placed on the product by consumers and the cost incurred by producers.
2. Quantity: This represents the amount of a good or service that is bought or sold in a market. It helps measure the level of demand and supply in a market and indicates the extent to which resources are being utilized.
3. Consumer surplus: This measures the difference between the price that consumers are willing to pay for a good or service and the actual price they pay. It reflects the benefit that consumers receive from purchasing a product at a price lower than their maximum willingness to pay.
4. Producer surplus: This measures the difference between the price that producers receive for a good or service and the actual cost of production. It represents the benefit that producers gain from selling a product at a price higher than their minimum acceptable price.
5. Market equilibrium: This occurs when the quantity demanded by consumers equals the quantity supplied by producers at a specific price. It represents a state of balance in the market and indicates an efficient allocation of resources. By analyzing these measures, economists can assess the impacts of various factors, such as changes in prices, demand, or supply, on market dynamics.
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During the maturity stage Group of answer choices some competitors are forced out. product modifications are unnecessary. there is less emphasis on changing a product's price. marketing strategies are rarely altered. limited advertising expenditures are required to maintain market share.
Answers
During the maturity stage, some competitors are forced out as a result of market conditions and competition. The intense competition during the growth stage may lead to consolidation, with weaker competitors exiting the market.
Additionally, in the maturity stage, product modifications are unnecessary because the product has already reached a stable state and has gained wide acceptance in the market. The focus shifts from product development to maximizing efficiency and cost-effectiveness.
Furthermore, there is less emphasis on changing a product's price during the maturity stage. Price stability is sought to maintain customer loyalty and avoid price wars that could negatively impact profitability.
Moreover, marketing strategies are rarely altered during this stage. Companies aim to sustain their market share and profitability by maintaining consistent marketing approaches that have proven successful thus far.
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A sports coach running a junior coaching programme was interested in examining the differences in children's fitness performance scores across four different coaching regimes. She was particularly interested in whether the regime the child was in had a possible influence on the child's fitness performance score. She ran an ANOVA with the predictor variable 'coaching regime', which had four categories, 'Yellow group', 'Green group', 'Pink group' and 'Purple group'; the outcome variable was 'fitness performance score'. Her ANOVA had an F-statistic of 98.12 (p 0.02). How would you interpret her findings?
Answers
Answer:
A sports coach running a junior coaching programme was interested in examining the differences in children's fitness performance scores across four different coaching regimes. She was particularly interested in whether the regime the child was in had a possible influence on the child's fitness performance score. She ran an ANOVA with the predictor variable 'coaching regime', which had four categories, 'Yellow group', 'Green group', 'Pink group' and 'Purple group'; the outcome variable was 'fitness performance score'. Her ANOVA had an F-statistic of 98.12 (p 0.02). How would you interpret her findings?
Explanation:
marta's online store sells accessories for a widely used smartphone, and her current customer base shares a number of relevant characteristics. she believes she'll have her best return on investment by narrowing her search campaign audience. which two search campaign settings can be configured to reach more specific customers?
Answers
Marta's online store sells accessories for a widely used smartphone, and her current customer base shares a number of relevant characteristics. she believes she'll have her best return on investment by narrowing her search campaign audience.
Which two search campaign settings can be configured to reach more specific customers location and device type. An on-line save is an ecommerce internet site or app in which customers can see a catalog of services or products and electronically buy them.
A standard illustration of a web save is a brick-and-mortar retail enterprise that still shows and sells its merchandise on an internet site. Brick-and-mortar shops are bodily shops that clients can go to in-person. The contrary of a brick-and-mortar save is a web enterprise.
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The usual purpose of an R-chart is to signal whether there has been a: ___________
a. gain or loss in dispersion.
b. change in the percent defective in a sample.
c. change in the central tendency of the process output.
d. change in the number of defects in a sample.
e. change in the consumer's risk.
Answers
It should be noted that usual purpose of an R-chart is to signal whether there has been a change in the percent defective in a sample.
An R-chart can be regarded as a type of control chart, which helps to know about change in the percent defective in a sample.
It is used to monitor the process variability and this is done at regular intervals from a process.
Therefore, option option B is correct because, with R-chart we can know whether there has been a change in the percent defective in a sample.
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What section of the economy is the largest employer
Answers
Answer: public schools in the us
Explanation: 6,646,292...
assume the quark division has enough idle capacity to fill the 1,000-unit order. is the division likely to accept the $340 price or to reject it?
Answers
The quark division is likely to reject the $340 price.
Since the question does not provide information about the variable cost or fixed cost associated with the production of the 1,000-unit order, we cannot determine the profitability of accepting the $340 price.
However, if the price is lower than the total cost of production, the division would likely reject it to avoid incurring losses. Moreover, even if the price is above the total cost of production, the division may still reject it if it believes it can obtain a higher price from alternative buyers.
Therefore, without more information about the cost structure and market conditions, it is difficult to determine the division's decision.
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______ is anything (regardless of form) that is acceptable as payment for goods and services.
Answers
Match each participant in the economy with one action that contributes to
the circular flow of the free-market system,
Consumers
?
Providing investment
capital
Governments
?
Paying wages
Producers
?
Collecting taxes
Answers
Consumer - Provide investment
Government - collecting tax
Producer- Pay wages
What is free market?Free market is a market that allows people or individual to trade without restrictions by the government.
It allows for inter trade without any policies by the government. The market is determined by the sellers.
Therefore, action that contributes to
the circular flow of the free market is
Consumer - Provide investment
Government - collecting tax
Producer- Pay wages
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You have decided that you want to be a millionaire when you retire in 45 years.
Requirement 1: If you can earn an annual return of 11.16 percent, how much do you have to invest today? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Investment$
Requirement 2: What if you can earn an annual return of 5.58 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Investment$
Answers
Requirement 1: If you can earn an annual return of 11.16 percent, how much do you have to invest today? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Investment $ The amount of money you have to invest today if you want to be a millionaire when you retire in 45 years, if you can earn an annual return of 11.16 percent is $4,190.25. Requirement 2: What if you can earn an annual return of 5.58 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
Investment $ If you can earn an annual return of 5.58 percent, how much do you have to invest today if you want to be a millionaire when you retire in 45 years? The amount of money you need to invest today is $12,331.65. What is the present value of an annuity? The present value of an annuity is the value of a group of future cash flows at the current time. For example, if an investor can expect to receive a set amount of cash for a certain number of years in the future and would like to know what that amount is worth in the present.
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What is the best way to avoid botulism in food handling
Answers
Answer:
To prevent foodborne botulism: Use approved heat processes for commercially and home-canned foods (i.e., pressure-can low-acid foods such as corn or green beans
Explanation: