A change in profits that occurs due to a change in sales and fixed expenses may be calculated as ______.
Answers
A change in profits that occurs due to a change in sales and fixed expenses may be calculated as the contribution margin.
The contribution margin ratio and dollar amount are used to calculate a change in profits. The contribution margin can be calculated by subtracting variable costs from sales revenue. To figure out the contribution margin ratio, divide the contribution margin by the total revenue (or price) per unit. Then, increase or decrease the number of units sold by the percentage of the change to calculate the revised contribution margin. The total fixed expenses would be subtracted from the revised contribution margin to calculate the revised profit. This can be shown in the following formula: Contribution margin = Sales revenue – Variable costs Contribution margin ratio = Contribution margin ÷ Total revenue Change in profits = (Change in units sold × Contribution margin per unit) – Total fixed expenses.
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Related Questions
Greg and Jerry are depositing money into savings accounts. Greg deposits $500 into an account
for 2 years with 2% interest. Jerry despots $700 into a different account for 1 year with 3% interest.
Who eams the greatest overall percent interest? Show your work and explain.
Answers
Answer: Jerry
Explanation:
Greg deposits $500 into an account for 2 years with 2% interest, the interest gotten will be:
= $500 × 2 × 2%
= $500 × 2 × 0.02
= $20
Jerry despots $700 into a different account for 1 year with 3% interest, the interest gotten will be:
= $700 × 1 × 3%
= $700 × 1 × 0.03
= $21
Based on the calculation, Jerry makes a greater interest.
Garrett knows what the company plans to do for its marketing efforts and now needs to find a way to put those plans into operation. What phase of the marketing plan is Garrett working on?
Answers
Based on the provided information, the phase of the marketing plan that Garrett is working on, is Implementation.
What is marketing plan?
A marketing plan can be regarded as the advertising strategy that is been utilized by company in selling its product or service.
Therefore, he's working on Implementation by knows what the company plans to do.
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Which of the following is not a step in the marketing research process?
O a. Estimate sales
O b. Interpret the information
O c. Make a preliminary investigation
O d. Gather factual information
Answers
The correct answer is option (a) Estimate sales.
The practice of assessing the viability of a new good or service through interviews with prospective customers is known as market research. With the aid of this technique, businesses and organizations may identify their target market, gather and record customer feedback, and arrive at well-informed conclusions.
In a marketing research process, it includes only the steps involving the study of the market and interpreting information based on that.
In the given question, a market research process always includes the steps like gathering factual information, making a preliminary investigation and interpreting the information that was achieved through the market study. But, in a market research process, there is no work of sale estimation. Sales estimation is an end process and marketing research is a beginning process. Sales value may fluctuate and to derive a correct sales estimation, there needs to be a proper marketing research.
Therefore, estimating sales is not a part of a marketing process, hence, option (a) is the correct answer for this question.
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Plz help!!!!!!!!!!!!! giving brainliest for correct answer!!! Which type of degree is earned after a master’s degree?
doctorate
secondary
bachelor’s
associate’s
Answers
Answer:
Doctorate. this helps :)
Explanation:
to be successful, strategic planning requires a company to have a ______ orientation.
Answers
To be successful, strategic planning requires a company to have a long-term orientation.
What is strategic planning?Strategic planning can be defined as the way of making use of techniques that will enables a company to achieve their future goals and objective.
On the hand long-term orientation can be defined as the future goals they a company or an organization has the plan to achieve.
Therefore the statement that filled the gap is long term.
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which of the following are sections in the aicpa revised code of professional conduct? (select all that apply.) multiple select question. members in public practice members in audit members in private practice members in tax services members in business
Answers
Members in Public Practice, Members in Audit, Members in Tax Services, and Members in Business are all sections in the AICPA Revised Code of Professional Conduct.
The AICPA Revised Code of Professional Conduct is a comprehensive set of ethical principles and rules that all AICPA members must adhere to when conducting professional services. The code covers many different areas of practice including public practice, audit, tax services and business.
Each of these sections outlines the ethical responsibilities of AICPA members in the respective practice areas, as well as the potential consequences of unethical behavior.
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Carl is balancing his checking account. After comparing the bank statement to his register, he notices an outstanding debit of $58. 0. Which shows the correct amount in Carl's checking account? $51. 75 $109. 75 $167. 75 $221. 87.
Answers
Based on the current balance and the outstanding debit, the correct amount in the account is $51.75
When a person gets a debit in the bank account, it means that there is a deduction from their account.
An outstanding debit of $58 is therefore a deduction from the current balance which is $109.75
The correct amount is therefore:
= 109.75 - 58
= $51.75
In conclusion, the correct balance is $51.75
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Briefly describe one financial goal that you would like to achieve and the steps that you plan to take to achieve that goal.
Answers
Answer:
I would like to become a multi-millionaire of course
Explanation:
I'll invest all my money in a stock I have researched then hope my life hasn't been destroyed by it. Reasearch by watching the way the stock market treats it on special occasions like christmas,and then again on days like weekends.
The Coca-Cola Company produces Diet Coke, Diet Coke with Splenda, and Coke Zero along with a number of other flavors. These products are part of Coca-Cola's
Answers
Answer:
product line.
bc coca-cola company owns all of these products
The Coca-Cola Company produces Diet Coke, Diet Coke with Splenda, and Coke Zero along with a number of other flavors. These products are part of Coca-Cola's product line.
What is the product?The object being sold is referred to as a product. A service or an object both qualify as products. It could take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price. The market, the quality, the marketing, and the group that is being targeted all affect the price that can be charged.
Product lining, as used in marketing terminology, describes the individual selling of numerous linked products. Product lining entails selling the items separately, as opposed to product bundling, which combines many products into a single group that is then offered for sale as a unit.
A specific good or service that a business produces and advertises to customers is referred to as a product line. A food company may expand a product line by including numerous like or related products
Therefore, These goods come from the line of goods produced by Coca-Cola.
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In LMX theory, what ultimately determines whether the follower becomes a member of an in-group or an out-group?
Answers
Answer:
d. the leader's perception of the follower
Explanation:
LMX theory stands for leader-member exchange theory and is an approach to leadership that focuses on the two-way relationship that exists between the leaders and followers of a group. Therefore the whether the follower becomes a member of an in-group or an out-group depends on the leader's perception of the follower. Mainly because the leader makes this decision and bases it around what they ultimately think about the follower.
Palmona Company establishes a $310 petty cash fund on January 1. On January 8, the fund shows $205 in cash along with receipts for
the following expenditures: postage, $43; transportation-in, $14; delivery expenses, $16; and miscellaneous expenses, $32. Palmona
uses the perpetual system in accounting for merchandise inventory.
1. Prepare the entry to establish the fund on January 1.
2. Prepare the entry to reimburse the fund on January 8 under two separate situations:
a. To reimburse the fund.
b. To reimburse the fund and increase it to $360. Hint. Make two entries.
Answers
The entry to establish the fund on January 1 is: Debit Petty Cash Fund 310, Credit Cash 310
How to prepare journal entry?1. Entry to establish the fund on January 1:
Debit Petty Cash Fund 310
Credit Cash 310
2a. Entry to reimburse the fund on January 8:
Debit Postage Expense 43
Debit Transportation-In Expense 14
Debit Delivery Expense 16
Debit Miscellaneous Expense 32
Credit Cash 105
2b.8-Jan
Debit Petty Cash $255
($360 - $105)
Credit Cash $255
(Being increment of petty cash recorded)
Therefore the entry is Debit Petty Cash Fund 310, Credit Cash 310.
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Luis has a biweekly gross pay of $770 and claims 2 federal withholding allowances. Luis has all of the following deductions from his gross pay:
federal tax from the following table
A 9-column table with 7 rows is shown. Column 1 is labeled If the wages are at least with entries 720, 740, 760, 780, 800, 820, 840. Column 2 is labeled But less than with entries 740, 760, 780, 800, 820, 840, 860. Column 3 is labeled And the number of withholding allowances is 0, the amount of income tax withheld is, with entries 80, 83, 86, 89, 92, 95, 98. Column 4 is labeled And the number of withholding allowances is 1, the amount of income tax withheld is, with entries 62, 65, 68, 71, 74, 77, 80. Column 5 is labeled And the number of withholding allowances is 2, the amount of income tax withheld is, with entries 44, 47, 50, 53, 56, 59, 62. Column 6 is labeled And the number of withholding allowances is 3, the amount of income tax withheld is, with entries 26, 28, 31, 34, 37, 40, 43. Column 7 is labeled And the number of withholding allowances is 4, the amount of income tax withheld is, with entries 14, 16, 18, 20, 22, 24, 26. Column 8 is labeled And the number of withholding allowances is 5, the amount of income tax withheld is, with entries 1, 3, 5, 7, 9, 11, 13. Column 9 is labeled And the number of withholding allowances is 6, the amount of income tax withheld is, with entries 0, 0, 0, 0, 0, 0, 1.
Social Security tax that is 6.2% of his gross pay
Medicare tax that is 1.45% of his gross pay
state tax that is 19% of his federal tax
Determine how Luis’ net pay will be affected if he increases his federal withholding allowances from 2 to 3.
a.
His net pay will decrease by $19.00.
b.
His net pay will increase by $19.00.
c.
His net pay will decrease by $22.61.
d.
His net pay will increase by $22.61.
Answers
ANSWER:
His net pay will increase by $22.61.
Explanation:
Im pretty sure this is right.
Answer:
D 22.61 increase
Explanation:
Consider the following categories of products: beer, candy bars, and running shoes
For each category, please do the following:
identify the basic level, superordinate, and subordinate levels in the taxonomic structure
identify prototypes for each category, and explain your choices
identify the specific features and associations consumers likely have with the prototypes
Answers
Beer Superordinate level and Alcohol Subordinate level and Pale Ale Basic level and Budweiser Prototype.
Candy bars Superordinate level: Candy Subordinate level: Chocolate Basic level: Snickers Prototype.
Running Shoes Superordinate level: Shoes Subordinate level: Athletic Basic level: Running shoes Prototype
Beer Superordinate level and Alcohol Subordinate level and Pale Ale Basic level and Budweiser Prototype.
A frothy, golden brew in a pint glass with a thick head, served ice-cold. The Budweiser clydesdales trot through the snow while a jingle plays in the background. The slogan "This Bud's for you" appears on the screen. For those who enjoy socializing with their friends, beer is often associated with this image. The image of a person who is carefree, sociable, and perhaps enjoys outdoor activities.
Candy bars Superordinate level: Candy Subordinate level: Chocolate Basic level: Snickers Prototype:
Chocolate, peanuts, and nougat covered in a red wrapper with a blue label. For those who need a quick energy boost or a pick-me-up in the middle of the day, Snickers is a well-known and beloved chocolate bar. Snickers is often associated with sports, especially football and other high-energy events.
Running Shoes Superordinate level: Shoes Subordinate level: Athletic Basic level: Running shoes Prototype:
A pair of lightweight, breathable shoes with a low profile. For athletes and people who are committed to staying in shape, running shoes are a must-have. Running shoes are often associated with health, fitness, and athleticism.
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Managers are accountable to some stakeholders whose interests they represent. These
stakeholders are:
Customers
Employees
Owners
Shareholders
Society
Government
1. Conduct a research to explain how is management responsible to EACH of these stakeholders. [18 marks]
pls help me
Answers
Answer:
see explanation
Explanation:
Stakeholder is anyone interest in the operation of a company or affected by the decision of the company.
Each stakeholder has its own interest and this is listed below :
Customers
They expect to receive value for money out of the firm products or services.
Employees
They are looking up to management for better remuneration for their manpower.
Owners
They seeking a maximum return from their investment in the company. Management run the company on their behalf as stewards.
Shareholders
They also seek maximum return from their investment in the company.
Society
The community expects the company to be a good corporate citizen and improve the social factors of employment, sustainability and environmental issues
Government
The government expects the company to be tax compliant and to pay its dues on time.
Firm A has preferred stock outstanding that pays a dividend of $9.50. Firm B has preferred stock outstanding that pays a dividend of $4.50. Given this information, the price of Firm A is _________________.
Answers
Answer: At least $5 lower than the price of Firm B
Explanation:
A preferred stock is a stock whereby the holder of the stock is entitled to a dividend which is usually fixed.
From the question, we are informed that Firm A has preferred stock outstanding that pays a dividend of $9.50 while Firm B has preferred stock outstanding that pays a dividend of $4.50.
With the information provided above, the price of Firm A is at least ($9.50 - $4.50) = $5 lower than the price of Firm B.
A simple machine has efficiency 90%.What does it mean?No machine has 100%efficiency,Why?
Answers
Answer with explanation:
1) it means tht the machine can do it's work in a 90% in a good way
2) no machine is free from the effects of gravity, and even with wonderful lubrication the energy a machine produces is always less than the work put into it that's why 100% efficency isnt possible in machines.
Best of luck!!!
how to right a conclusion for human resources
Answers
Answer:
The conclusion should state once again the problems and solutions that you have arrived at during your research. Learning how to write a human resources essay requires you to be keen on making a good summary of the interpretations and observations described in the main body of the paper.
Explanation:
Hope this helps
northern air would like to sell 2,900 shares of stock using dutch auction underwriting. the bids received are:
Answers
Northern air would like to sell 2,900 shares of stock using dutch auction underwriting. the bids received are (B) Sell the shares at $45 per share.
The Dutch auction underwriting method starts with a high asking price that is gradually lowered until there are enough bids to sell all the shares. In this case, Northern Air would like to sell 2,900 shares of stock using the Dutch auction underwriting method. The bids received are as follows:
300 shares at $50 per share
500 shares at $48 per share
700 shares at $45 per share
800 shares at $43 per share
900 shares at $40 per share
To determine the clearing price, the underwriter will start with the highest asking price, which is $50 per share, and gradually lower it until all 2,900 shares are sold. The clearing price is the lowest price at which all the shares can be sold.
Based on the bids received, the underwriter should sell the shares at $45 per share, as this is the highest price at which all 2,900 shares can be sold. If the underwriter were to sell the shares at a higher price, they would not be able to sell all the shares. Conversely, if the underwriter were to sell the shares at a lower price, they would be leaving money on the table. Therefore, selling the shares at $45 per share is the optimal solution for Northern Air.
The correct option is B.
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Which investment has the least amount of default risk?
A)
junk bonds
B)
common stocks
c)
corporate bonds
D)
US Treasury bonds
Answers
Answer:
D....U.S. Treasury Bonds!
robert worked as a campus police officer at cal poly pomona. as part of his union contract, robert was required to submit to a drug test four times per year. he tested positive for crystal meth (an illegal drug) during one of his regularly-scheduled drug tests. according to the same union contract, a positive test for an illegal drug could result in automatic termination, so robert was fired from his job. robert sued cal poly pomona for wrongful employment termination. what should be the result? a. robert should win since drug tests can never be required of any employee b. robert should win since passing a drug test has nothing to do with being a campus police officer at cal poly pomona. c. robert should lose since the union contract allowed his termination under the circumstances. d. robert should win since random drug tests are an invasion of california's privacy rights under the california constitution and, therefore, are prohibited.
Answers
The correct option is C. Robert should lose since the union contract allowed his termination under the circumstances.
Employment is a courting between two events regulating the supply of paid labor offerings. commonly primarily based on a settlement, one birthday celebration, the employer, which might be an enterprise, a new not-for-profit agency, a co-operative, or some other entity, pays the opposite, the worker, in going back for carrying out assigned work. employees work in return for wages, which can be paid on the basis of an hourly price, via piecework or an annual income, depending on the type of paintings a worker does, the triumphing situations of the world, and the bargaining electricity among the parties.
Employees in a few sectors may receive gratuities, bonus payments, or inventory options. In some types of employment, employees may additionally acquire benefits further to charge. advantages may include medical insurance, housing, and incapacity insurance. Employment is generally ruled by using employment legal guidelines, agency, or felony contracts.
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The new video game console from Kashikoi Games was just released for sale to the public. The console has been a huge success. Kashikoi Games makes the console available for purchase on their website and at TechMart and SmartShopper retail stores. In this scenario, which is the best example of a delivery system?
A, Kashikoi Games's website and the public sector
B. TechMart and the new console
C. The new console and Kashikoi Games
D. SmartShopper and Kashikoi Games's website
Answers
The best example of a delivery system in this scenario is D. SmartShopper and Kashikoi Games's website, as these are the channels through which the new video game console from Kashikoi Games is delivered to the consumers.
Explanation:In this scenario, the best example of a delivery system is D. SmartShopper and Kashikoi Games's website. These are the channels through which the product, the new video game console from Kashikoi Games, is delivered to the consumer. This means that these channels are part of the delivery system because they bridge the gap between the producer (Kashikoi Games) and the end user (the gamer). TechMart is another example of a part of the delivery system in this scenario.
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major differences between service companies and retail or manufacturing companies is that retailers and manufacturers must account for
Answers
The main difference between service companies and retail or manufacturing companies is that retailers and manufacturers must account for;
Inventory and Cost of GoodsInventory refers to the goods in stock which the business wishes to sell in order to make a profit from.
Retailers and manufacturers produce items that will be sold and these items need to be stocked somewhere till the need for them arises.
The same is not applicable to service companies because they do not have physical goods to sell.
Also, the cost of goods refers to the direct cost of producing goods. Since service companies do not produce goods, this is not accounted for.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUplease helps, its urgent
Answers
The part of his email declining the invitation to the correct section.
buffer - It was an honor to be invited to the opening of your new retail store.
reason - My current project requires me to leave town for a while.
bad news - I sincerely regret not being present on this occasion.
closing- I am sure that we'll have an opportunity to work together in the future.
What is Email?An email stands for electronic mail which is used as a method of communication in an official setting in the administrative environment to exchange any message.
The given email indicates a decline of an invitation in a positive manner to make the sender feel positive and does not show the arrogance of the receiver of the invitation.
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30 POINTS :D
If someone you don't know asks where you go to school, what should you do?
A. Don't respond
B. See if they're a friend of a friend
C. Ask why they want to know
D. Lie to them
Answers
Your budget can help you keep track of
take in versus how much you spend.
OA. rate of return
OB. discretionary income
C. cash flow
OD. net worth
which is how much money you
SUBMIT
Answers
Your budget can assist you in keeping track of money. That is cash Flow. A company's cash flow is a measure of how much money it brought in or spent over a period of time.
What is the primary objective of cash flow?The goal of a cash flow statement is to show what occurred to a company's cash during a specific time period, known as the accounting period.
It displays an organization's ability to operate in the short and long term, based on the amount of money moving in and out.
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Answer:C
Cash flow
Explanation:
A. Donald E. Petersen, chairman of the board of Ford Motor
Company, remarked, "If we aren't customer-driven, our cars won’t be
either." Explain how this statement may reflect the importance of
u
Answers
Being customer-driven is crucial for business success as it involves prioritizing customer needs, fostering strong relationships, staying competitive, and driving innovation.
How does being customer-driven impact business success?The statement by A. Donald E. Petersen highlights the significance of being customer-driven for the success of a company, specifically in the automotive industry. This statement reflects the importance of adopting a customer-centric approach in business operations and decision-making.
By prioritizing customer needs, preferences, and expectations, a company can better align its products, services, and strategies to meet market demands. Being customer-driven means understanding and anticipating customer requirements, delivering superior value, and consistently exceeding customer satisfaction. It involves tailoring products and services to address specific customer pain points and providing exceptional customer experiences.
Customer-centricity is vital for several reasons. Firstly, it allows companies to build strong customer relationships, enhance customer loyalty, and foster repeat business. Satisfied customers are more likely to become brand advocates, positively impacting brand reputation and generating positive word-of-mouth referrals.
Secondly, a customer-driven approach enables companies to stay competitive in a rapidly evolving market. By continuously monitoring customer feedback, analyzing market trends, and adapting to changing customer preferences, businesses can stay ahead of the curve and proactively meet customer demands.
Additionally, customer-centricity drives innovation. By closely understanding customer needs, businesses can identify new opportunities, develop innovative solutions, and introduce products or services that resonate with the target market.
In summary, the statement by A. Donald E. Petersen emphasizes the importance of being customer-driven in business. It underscores the need to prioritize customer satisfaction, align products and services with customer expectations, and foster long-term customer relationships. By embracing customer-centricity, companies can enhance their competitiveness, drive innovation, and ultimately achieve sustained business success.
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Why the economy sees business cycle fluctuations rather than slow, smooth growth is a central issue of ______.
Answers
The financial system sees commercial enterprise cycle fluctuations in preference to slow, easy boom is a crucial trouble of Economic shocks.
The required details for Economic shocks in given paragraph
An financial surprise refers to any extrude to fundamental macroeconomic variables or relationships that has a considerable impact on macroeconomic effects and measures of financial performance, which includes unemployment, consumption, and inflation. Shocks are regularly unpredictable and are generally the end result of occasions concept to be past the scope of regular financial transactions. Economic shocks have full-size and lasting outcomes at the financial system, and, in accordance to actual commercial enterprise cycle theory (RBC), are concept to be the foundation purpose of recessions and financial cycles. Economic shocks are random, unpredictable occasions which have a full-size effect at the financial system and are due to matters outdoor the scope of financial models.
Economic shocks may be labeled with the aid of using the financial area that they originate from or with the aid of using whether or not they mainly affect both deliver or demand. Because markets are connected, the outcomes of shocks can pass via the financial system to many markets and feature a main macroeconomic effect, for higher or worse.
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An organization's _____ can pay attention to, measure, and control a number of activities, processes,or outcomes in order to foster a certain culture.missionleadersstrategystatements
Answers
An organization's leaders can pay attention to, measure, and control a number of activities, processes, or outcomes in order to foster a certain culture, option C.
A firm, institution, group, or other type of body made up of one or more individuals and serving a specific function is referred to as an organisation or organisation.
A wide range of legal entities exist, including companies, governments, non-governmental organisations, political organisations, international organisations, armed forces, charities, for-profit businesses, partnerships, cooperatives, and educational institutions, among others.
A hybrid organisation is one that performs public functions and creates commercial market activity concurrently in the public and private sectors.
A volunteer-run organisation is referred to as a voluntary association. Depending on the jurisdiction, these organisations, which may include informal clubs or coordinating bodies with a purpose in mind that they might express in the form of a manifesto, mission statement,
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Complete question:
An organization's _____ can pay attention to, measure, and control a number of activities, processes,or outcomes in order to foster a certain culture.
statements
mission
leaders
strategy
What are some economic choices that Teasha had to make? List 5 economic choices
Answers
Answer:
scarcity, supply and demand, marginal costs, marginal benefits, and incentives.
Explanation:
Can you please help me with the question i just posted? its for 100 points!
i just really need help!