Financial accounting is predicated on four fundamental tenets: (1) economic entity; (2) fiscal term; (3) going concern; and (4) stable dollar. These presumptions are crucial because they serve as the foundation for financial accounting measurement. A business's financial transactions are summarized, analyzed, and reported in the area of accounting known as financial accounting.
Publicly accessible financial statements must be prepared in this. People interested in getting such information for decision-making include shareholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders. International and national accounting standards both govern financial accounting. financial accounting that is used in every jurisdiction is known as generally accepted accounting principles (GAAP).
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You work for an investment bank that is marketing a new credit card. As part of your company's marketing strategy, you come up with an animated penguin who is associated with your services, and your company comes up with the slogan, "Shopping with kings." Your ad campaign is viewed by millions around the country through television commercials, online ads, direct mail, and celebrity sponsors. Which of the following would be considered feedback?
a. customers apply for your bank’s credit card
b. college-aged students appreciate the slogan
c. Your target market likes the animated penguin
d. young adults see the ad on a bus and call to ask questions
e. the media through which potential customers view the ads
Answer:
Option D
Explanation:
Feedback is the information about reactions to a product, a person's performance of a task, etc. which is used as a basis for improvement.
When the company ran a campaign of marketing credit cards the young adults saw the ad and called to ask questions therefore the campaign was successful. Option D matches perfectly in this scenario.
Uma has been given the task of arranging for five-day conference for foreign delegates. In order to smooth functioning of the event, he has made two people as coordinators to take care of activities related to registration and refreshment. Identify the function of management being carried out by Uma. (a) Planning (b) Staffing (c) Organising (d) Directing
Answer:
(c) Organising
Explanation:
Personnel management can be defined as an administrative task or function which primarily involves the process of hiring employees and developing or training them to become beneficial and valuable for the growth and development of the company.
The main purpose and focus of personnel management is to provide a quality workforce necessary to successfully achieve the organizational set goals and objectives.
Organizing can be defined as a strategic process in which resources are assembled and human efforts are coordinated and then integrated into a unitary system so as to achieve organizational goals and specified objectives.
Generally, organising helps to create order in an organization by eliminating chaos, and work conflicts. Also, it enhances job specialization and responsibility sharing by creating an environment that is suitable for teamwork.
Thus, the function of management being carried out by Uma is organizing because he made two people coordinators to take care of activities related to registration and refreshment.
Having just graduated with a degree in business, Brianna looks over several offers she has received from companies interested in her talents. She is specifically interested in the wage setup each company is offering. One wants her to manage a small store; this would be a salaried position. Another would have her working in a sales office on commission. The third is a spot in a paper company as an hourly sales manager. Brianna has been offered a chance to do per-project work for a retail company, but she would be an independent contractor. Compare and contrast these
Answer:She's just getting started financially and decides not to join her field's major professional association because she thinks it's not worth the annual fee.
Explanation:There u GO!!<3:)
which of the following is a guideline that marketers should follow to leverage owned, earned, and paid media? group of answer choices maximize owned media by reaching out beyond their existing websites to create digital touch points plan sales goals based on estimates of public and media relations efforts will translate into earned media don't count on paid media to play an important role in driving customer engagement focus on creating fewer digital touch points for more control over sales.
The guideline that marketers should follow to leverage owned, earned, and paid media is to maximize owned media by reaching out beyond their existing websites to create digital touch points.
This approach allows marketers to expand their online presence and engage with their target audience through various channels. By creating additional digital touch points, such as social media profiles, mobile apps, and email newsletters, marketers can increase their brand visibility, strengthen customer relationships, and drive traffic to their owned media platforms. This strategy provides marketers with more control over their messaging and enables them to cultivate a loyal customer base.
Maximizing owned media by creating digital touch points beyond existing websites is crucial for marketers because it allows them to extend their reach and engage with customers through multiple online platforms. While websites are an essential owned media asset, relying solely on them limits the potential for customer engagement.
By diversifying their digital touch points, marketers can tap into various channels where their target audience is present, such as social media platforms, mobile apps, and email marketing.
Creating additional digital touch points expands the brand's online presence and increases the likelihood of reaching potential customers. It also enables marketers to provide valuable content and experiences across multiple platforms, enhancing brand visibility and customer interactions.
By leveraging owned media in this way, marketers can establish a cohesive and online presence that drives customer engagement and supports their overall marketing goals.
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A college graduate has a Job with a monthly gross pay of 4000. He takes home less than 4000 because
A college graduate has a job with a monthly gross pay of 4000. He takes home less than 4000 because his net pay is lower than gross pay.
What do you mean by gross pay?Gross pay refers to the amount received by the employee without any tax deductions.
A college graduate has a job with a monthly gross pay of 4000. He takes home less than 4000 because his net pay is lower than the gross pay.
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Describe two things you can do to make sure you are using another person's work fairly.
Answer:
cite the source and describe how you obtained it
Annalise received financial aid offers from two universities.
Financial Analysis for Option A
Costs per Year
Financial Aid Package per Year
Tuition & Fees
Scholarships & Grants
$10,000
$7,000
Room & Board
Work-Study
$11,500
$4,000
Financial Analysis for Option B
Costs per Year
Financial Aid Package per Year
Tuition & Fees
Scholarships & Grants
$28,000
$18,000
Room & Board
Work-Study
$9,000
$4,000
Which statement about the costs per year is true?
Option A will save her $4,500.
Option B will save her $7,000.
Option B will save her $11,000.
Option A will save her $15,500.
Answer:
Option A will save her $4,500
Explanation:
Calculation to determine Which statement about the costs per year is true
First step is to calculate OPTION A cost per year
Option A Costs per Year
Work-Study $4,000
Tuition & Fees $10,000
Scholarship & Grants $7,000
Room & Board $11,500
Total $18,500
Second step is to calculate OPTION B cost per year
Option B Costs per Year
Work-study $4,000
Tuition & Fees $28,000
Scholarship & Grants $18,000
Room & Board $9,000
Total $23,000
Now let determine Which statement about the costs per year is true
Costs per year= $23,000-$18,500
Cost per year=$4,500
Therefore the statement about the costs per year that is true will be: Option A will save her $4,500 because the cost per year for OPTION A is LESS COSTLY than that of option B by $4,500.
Select the correct answer.
Apex Bank lent a substantial amount of money to Polytech Inc. After reviewing the financial statements of Polytech, Apex Bank finds some
Inconsistencies. Which body can Apex Bank approach to verify Polytech's financial data?
ОА.
Chartered Financial Analysts
OB.
Financial Accounting Standards Board
ОС.
American Association of Public Accountants
OD
American Institute of Certified Public Accountants
Ο Ε.
Security and Exchange Commission
This is wrong do not use this
Answer:
E. Security and Exchange Commission
Explanation:
I'm not 100% sure but i looked through all of them and that one seems to fit best
Apex Bank lent a substantial amount of money to Polytech Inc. After reviewing the financial statements of Polytech, Apex Bank finds some Inconsistencies. Security and Exchange Commission body can Apex Bank's approach to verifying Polytech's financial data. The correct option is E.
Why does the SEC protect investors?In order to maintain a flexible and effective regulatory environment. Federal securities laws aim to support competitive, fair, and transparent markets that safeguard investors from hidden risk while promoting market access and innovation.
The Securities and Exchange Commission regulates stock exchanges, brokers and dealers in securities, investment advisers, and mutual funds in an effort to encourage ethical business practices, the public disclosure of crucial market information, and the avoidance of fraud.
Thus, the ideal selection is option E.
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Why is it a good idea to be organized in the workplace?
It is a good idea to be organized in a workplace because an organized workplace will facilitate increased productivity and increased efficiency.
What is workplace?A workplace is described as a place where an employee or a manager carries out projects, tasks, and jobs. It is important to mention that workplaces are the areas that are located inside a building or can be outside an office building.
An organized workplace means that everything in the workplace is kept in its respective places, and everything is very neat and clean. Such an organized workplace will allow the managers and the employees to focus entirely on the work and be more productive and efficient.
It can be concluded that it is a good idea to be organized in a workplace because an organized workplace will facilitate increased productivity and increased efficiency.
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How's everyone's day? explain please
Answer:
You're asking how the people in a particular place or environment you are in on how their life was that day whether it was fun exciting sad or gloomy etc.
Answer:
I'm doing fin-e, just s-ad because I ca-n't get the New Toon Meo-wscles sk-in from fort-nite because my P-s4 br-oke and Now I ca-n't get the bundle which is at a good price. I wish I could get it.
Explanation:
A cost that remains the same in total even when volume of activity varies is a: A) Fixed cost. B) Curvilinear cost. C) Variable cost. D) Step-wise variable cost. E) Standard cost.
A cost that remains the same in total even when volume of activity varies is a Fixed cost. The correct answer is A)
A fixed cost is a cost that remains constant in total regardless of the volume of activity or production. It does not vary with changes in the level of output or sales. Fixed costs are incurred by a business to maintain its operations and do not directly depend on the level of production or sales.
Examples of fixed costs include rent, insurance, salaries of permanent employees, depreciation of fixed assets, and certain administrative expenses. These costs are considered fixed because they do not change in the short term, regardless of whether the business produces more or less.
In contrast, variable costs (option C) vary in direct proportion to the level of activity or production. Curvilinear costs (option B) and step-wise variable costs (option D) refer to cost patterns that exhibit non-linear or step-wise relationships, respectively, with changes in activity levels. Standard cost (option E) refers to the expected or predetermined cost for a specific level of output, used for budgeting and cost control purposes.
The correct answer is A).
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Fiona felt like there were not enough potential customers for her to earn a good living as a commission-based sales agent. Therefore, Fiona left that job and found work as an insurance claims agent, a more structured job. Fiona could be described as having
a. an external locus of control.
b. high self-esteem.
c. emotional intelligence.
d. generalized self-efficacy.
Fiona felt like there were not enough potential customers for her to earn a good living as a commission-based sales agent.
Therefore, Fiona left that job and found work as an insurance claims agent, a more structured job. Fiona could be described as having:
a. an external locus of control.
An external locus of control refers to the belief that one's success or failure is primarily determined by external factors such as luck, chance, or other people's actions.
In this case, Fiona seems to have an external locus of control because she attributed her inability to earn a good living in her previous job to the lack of potential customers, which is an external factor beyond her control. This belief led her to change jobs in search of a more structured work environment where her earnings might be more predictable.
Step-by-step explanation:
1. Fiona felt that there were not enough potential customers in her commission-based sales job.
2. This belief led her to conclude that she could not earn a good living in that role.
3. Fiona attributed her lack of success to an external factor - the limited number of potential customers.
4. She decided to change jobs in order to find a more structured work environment.
5. Fiona's belief that external factors were responsible for her lack of success in her previous job suggests that she has an external locus of control.
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Your roommate told you she doesn’t need renter’s insurance because her parent’s homeowner’s policy covers her stuff. Is she correct? Explain your answer.
Answer: no she is not correct because if she has her own house or apartment then no she is not on homeowner's insurance. now she has to get her own.
Explanation:
hope this helps.
The roommate should not be correct.
What is insurance?Insurance represents the arrangement where the company or the government agency gives the guarantee with respect to the compensation for the particular loss, damage and in return, the payment should be made with respect to the premium. Also, she is not correct since she has her own house so it is not the homeowner insurance.
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molly is spending money at a constant rate. suppose she initially has $1700, and after 6 months, she has $1130. which of these expresses the rate at which molly's amount of money is changing?
Apologies for the confusion in my previous response. Since Molly's spending is happening at a constant rate.
we can determine the rate of change by dividing the change in money by the time elapsed.Molly initially has $1700, and after 6 months, she has $1130. The change in money over the 6-month period is $1700 - $1130 = $570. To express the rate at which Molly's amount of money is changing, we divide the change in money by the time period: Rate of change = Change in money / TimRate of change = $570 / 6 months Therefore, the rate at which Molly's amount of money is changing is $95 per month.
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When entrepreneurs check out all the data for customers by going to where they will sell the products and then estimating realistic sales, they are using the ______. Tornado gut check bottom-up analysis competition
A bottom-up analysis is used by an entrepreneurs when they check out all the data for customers by going to where they will sell the products.
What is a bottom-up analysis?A bottom-up analysis refers to an analysis that is used when existing components are selected and integrated into study of a product performance.
Also, the bottom-up analysis focuses more on individual's specific characteristics and micro attributes.
Therefore, the Option C is correct.
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Which of these careers include supervising others?
welder
welder
project manager
project manager
foreman
foreman
forklift operator
The careers that needed supervision of others are welder and foreman. Thus option (a) and (b) are correct.
Who is a welder?A welder is a skilled tradesperson who specializes in joining pieces of metal or thermoplastics together using various welding techniques.
Welders must have a good understanding of welding techniques and materials, as well as safety practices and regulations. They use a variety of tools and equipment such as welding machines, cutting tools.
The welder and foreman are the professions that need supervision of others. Therefore, option (a) and (b) are correct.
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Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $850. Selected data for the company’s operations last year follow: Units in beginning inventory 0 Units produced 250 Units sold 225 Units in ending inventory
Answer:
Units in ending inventory is 25
Explanation:
The units in ending inventory can be computed using the cost of goods sold formula and rearranging it to make ending inventory the subject of the formula.
Cost of goods sold=beginning inventory+units produced-ending inventory
ending inventory=beginning inventory+units produced-Cost of goods sold
beginning inventory is 0
units produced is 250 units
unit sold is 225 units
ending inventory=0+250-225
ending inventory=25 units
Question 10 of 10
What is an advantage of doing more than the minimum required to comply
with EEOC laws and regulations?
The advantage of doing more than the minimum required to comply with EEOC laws and regulations is that, most employers with at least 15 employees are covered by EEOC laws.
The U.S. Equal Employment Opportunity Commission (EEOC) is responsible in order to enforce the federal laws which make it illegal for employers to discriminate an employee because of their color, race, religion, sex, national origin, age etc.
So, the EEOC's investigation of one's complaint depends on the facts of the case, and the kinds of information one needs in order to gather. In some cases, employers are interviewed and then the information is gathered.
Hence, the EEOC advances opportunity in the workplace.
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What alternative marketing strategies might Apple have followed?
Apple is a multinational tech company that is widely renowned for its premium quality products and innovative marketing strategies. However, despite its widespread success, there are a few alternative marketing strategies that Apple might have followed. Here are some of the alternative marketing strategies that Apple might have followed:
Offer more product customization: Another alternative marketing strategy that Apple might have followed is to offer more product customization options. By offering more customization options, customers would have more control over the product they purchased, which could have increased customer satisfaction.
Collaborate with other brands: Apple could have collaborated with other brands to cross-promote their products. For instance, it could have partnered with a popular fashion brand to create a limited-edition product line that would appeal to the fashion-conscious consumer.
In conclusion, these are some of the alternative marketing strategies that Apple might have followed. However, despite these alternative strategies, Apple has been immensely successful, and its marketing strategies have been a key factor in its success.
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What is the primary purpose of ABC's T.R.A.C.E. program?
The primary purpose of ABC's TRACE program is to identify and investigate where persons under 21 years of age obtained alcohol and who was killed or obtained serious injury or accident.
What is the ABC's TRACE program?The program involves a protocol that allows first responders to respond immediately by notifying ABC when an incident involves a person under 21 and an alcoholic beverage that results in great bodily injury or death.
Hence, the primary purpose of ABC's TRACE program is to identify and investigate where persons under 21 years of age obtained alcohol and who was killed or obtained serious injury or accident.
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Which is NOT a reason municipalities look at the cost of activities?
A. to analyze the efficiency of services
B. to know how much to raise taxes every quarter
C. to set fees for services
D. to choose among alternative service providers
"To know how much to raise taxes every quarter" is NOT a reason municipalities look at the cost of activities. Correct option is B.
While municipalities do consider the cost of activities to determine fees for services and evaluate the efficiency of services, they do not base tax rates on the cost of activities. Tax rates are typically determined based on the overall budgetary needs of the municipality, including the cost of providing essential services and funding capital projects.
Municipalities analyze the cost of activities to understand the efficiency of services and identify areas where cost savings can be achieved. This helps them allocate resources effectively and prioritize spending.
It also helps them set fees for services that cover the cost of providing those services, while ensuring that fees are reasonable and affordable for residents.
In addition, municipalities may look at the cost of activities to evaluate the performance of service providers and choose among alternative providers. This allows them to ensure that services are provided in the most cost-effective manner and that taxpayers are receiving the best value for their money. Therefore, the correct option is B.
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influences of Business environment,
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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free markets tend to under-allocate resources to the production of a good when
Free markets tend to under-allocate resources to the production of a good when there are external costs associated with its production or consumption.
External costs, also known as negative externalities, refer to the costs imposed on third parties or society as a whole due to the production or consumption of a good. These costs are not reflected in the market price of the good, leading to a misallocation of resources.
When there are external costs, producers and consumers do not bear the full cost of their actions, and the market fails to account for the negative effects on others. As a result, the market equilibrium does not align with the socially optimal level of production.
For example, if a factory emits pollutants that cause health problems for nearby residents, the costs of these health issues are external to the factory and not factored into the production cost or price of the goods produced. In such cases, the market tends to overproduce the goods because the full social costs are not internalized, leading to an under-allocation of resources to goods that have negative externalities.
To address this market failure, governments may intervene through regulations, taxes, or subsidies to internalize the external costs and promote a more efficient allocation of resources.
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The following information is from the materials requisitions and time tickets for Job 9 completed by Great Bay Boats. Materials requisitions are identified by code numbers starting with the letter M, and the time tickets start with T. Estimated (applied) overhead for Job 9 is $1,400. Date July 1 July 1 July 5 July 5 July 10 Document M-46 T-33 M-47 T-34 T-35 Amount $ 1,250 60e 1, eee 450 300 Prepare a job cost sheet for Job 9, which includes costs for direct materials, direct labor, overhead, and total cost.
Prepare a job cost sheet for Job 9, which includes costs for direct materials, direct labor, overhead, and total cost.
The preparation of the job cost sheet for Job 9 for Great Bay Boats is as follows:
JOB COST SHEET: Job 9Direct Materials Direct Labor Overhead
Date Materials Requisition Amount Time-Ticket Amount Amount
Number Number
July 1 M-46 $ 1,250
July 1 T-33 $600
July 5 M-47 1,000
July 5 T-34 450
July 10 T-35 300
July 10 Applied overhead $1,400
Total $2,250 $1,350 $1,400
Total costs = $5,000
What is a job cost sheet?A job cost sheet is a record of all the costs involved in the production of a single job or job segment.
The job cost accounting system segregates costs by job using job cost sheets.
The job cost sheet helps to determine how much each job costs in order to determine the price per unit or job.
Data and Calculations:Date Document Amount
July 1 M-46 $ 1,250
July 1 T-33 600
July 5 M-47 1,000
July 5 T-34 450
July 10 T-35 300
Thus, the total costs for Job 9 are $5,000.
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Oliveras Company had net credit sales during the year of $800,000 and cost of goods sold of $500,000. The balance in accounts receivable at the beginning of the year was $100,000, and the end of the year it was $150,000. What were the accounts receivable turnover and the average collection period in days? a. 6.4 and 57 days. b. 4.0 and 91.3 days. c. 5.3 and 68.9 days. d. 8.0 and 45.6 days.
Answer:
a. 6.4 and 57 days
Explanation:
The computation of the accounts receivable turnover and the average collection period in days is shown below;
The account receivable turnover is
= $800,000 ÷ ($100,000 + $150,000) ÷ 2
= 6.4 times
And, the average collection period is
= 365 days ÷ 6.4 times
= 57 days
Therefore the a option is correct
Do you think Ruby should change the payment method she uses for her employees? Justify your answer.
Give me the real answers or you will not be able to get brainlist
Answer:
Yes ✌️✌️✌️✌️✌️
Y3K Inc has sales of 5783 total assets of 2604 and a debt equity ratio of .75. If its return on equity is 11 percent what is its net income
Based on the information given the net income is $163.66.
Net income
First step:
Profit margin = [(ROE)(Total asset)] / [(1 + Debt equity ratio)(Sales)]
Profit margin = [(.11)($2,604)] / [(1 + 0.75)( $5,783)]
Profit margin = 286.44/(1.75) ($5,783)
Profit margin = 286.44/10,120.25
Profit margin = .02830
Second step:
Profit margin = .02830 = Net income / Sales
Net income = .02830($5783)
Net income = $163.66
Inconclusion the net income is $163.66.
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Using an advertising agency is a cost-effective way for a small business to advertise its products or services.
a. True
b. False
select the statement from robert that illustrates the cost/benefit analysis he preformed to determine whether or not he would fight for sarah's promotion.
"I need to consider whether the promotion would benefit the company more than the cost of potentially losing Sarah as an employee." Option b is the correct answer.
In this statement, Robert is weighing the potential costs and benefits of advocating for Sarah's promotion. Specifically, he is considering the benefit of Sarah receiving the promotion and the potential cost of losing her as an employee if he were to fight for her promotion. This illustrates the cost/benefit analysis that Robert performed to determine whether or not to advocate for Sarah's promotion. The other statements do not mention a cost/benefit analysis or refer to other factors that might influence Robert's decision. Option b is the correct answer.
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--The complete question is, Which statement from Robert illustrates the cost/benefit analysis he performed to determine whether or not he would fight for Sarah's promotion?
a. "I'm not sure if I want to risk my relationship with Sarah by going to bat for her."
b. "I need to consider whether the promotion would benefit the company more than the cost of potentially losing Sarah as an employee."
c. "I think it's unfair that Sarah wasn't offered the promotion, but I don't want to get involved in office politics."
d. "I believe that Sarah deserves the promotion, but I don't want to make waves by challenging the decision of the hiring committee."--
Which of the following are examples of limited resources on the part of consumers?
product and space
money and product
time and money
space and time
Answer:
The answer is time and money
Explanation:
I took the test on edge
Examples of limited resources on the part of consumers are time and money.
What are limited resources?
Limited resources are resources that can be depleted. They are of limited availability. As these resources are used, they decline.
For example, no one has an unlimited supply of money. As money is spent, the amount of money one has reduces. Also, time is limited. One has 24 hours in a day.
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