In this case, the rational expectations theory predicts that a perfectly expected decline in the money supply will have the direct effect of lower inflation and no change in unemployment.
The theory of rational expectations states that people make optimal use of all available information, including information about fiscal and monetary policy, to predict the future. According to the rational expectations theory, perfectly forecast fiscal and monetary policies affect inflation only when the economy is at its long-run equilibrium level.
The theory of rational expectations is a macroeconomic concept and theory. Economists use the rational expectations theory to explain expected economic factors such as inflation and interest rates. The idea behind rational expectations theory is that past outcomes influence future outcomes.
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Match the given descriptions to the accurate accounting term.
source document
chart of accounts
trial balance
journal entry
customer invoice
a company uses it to capture financial transactions
that occur throughout the year
arrowRight
a company uses it to identify account disagreements
resulting from accounting errors
a company uses it to record its master list of all accounts
a company uses it to check if a financial transaction
actually occurred
a company uses it to track amounts it is owed by customers
- A company uses it to capture financial transactions that occur throughout the year - Source document
- A company uses it to identify account disagreements resulting from accounting errors - Trial balance
- A company uses it to record its master list of all accounts - Chart of accounts
- A company uses it to check if a financial transaction actually occurred - Journal entry
- A company uses it to track amounts it is owed by customers - Customer invoice
Here are the accurate accounting terms matched with the given descriptions:
Source document: A company uses it to capture financial transactions that occur throughout the year. Source documents are the original records that provide evidence of a transaction, such as invoices, receipts, purchase orders, and bank statements. They serve as a basis for recording entries in the accounting system.
Chart of accounts: A company uses it to record its master list of all accounts. The chart of accounts is a structured list of all the accounts used by an organization to classify and organize its financial transactions. It provides a systematic framework for recording and summarizing financial data.
Trial balance: A company uses it to check if a financial transaction actually occurred. A trial balance is a statement that lists the balances of all the accounts in the general ledger at a specific point in time. It serves as a preliminary check to ensure that debits equal credits and that the accounting equation (assets = liabilities + equity) is in balance.
Journal entry: A company uses it to identify account disagreements resulting from accounting errors. A journal entry is a record of a financial transaction in chronological order. It includes the accounts involved, the amounts debited or credited, and a brief description of the transaction.
Journal entries are used to initially record transactions before they are posted to the general ledger.
Customer invoice: A company uses it to track amounts it is owed by customers. A customer invoice is a document issued by a business to its customers, requesting payment for goods or services provided.
It itemizes the products or services, quantities, prices, and terms of payment. Customer invoices serve as a billing tool and facilitate the collection of receivables.
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If the changes in sales between May and June continue at the same rate, what will be the percent change in total computer sales from June to July? (Round your answer to the nearest tenth.)
a.
17.1%
b.
20.7%
c.
34.0%
d.
43.2%
Answer:
A. 17.1%
Explanation:
Why is an investment portfolio containing a mix of stocks and bonds less risky than one containing a single asset class?
A. Because stocks and bonds are negatively correlated.
B. Because bonds typically have a high variance and stocks typically have a low variance.
C. Because the markets for stocks and bonds tend to move in the same direction at the same time.
D. Because stocks and bonds are positively correlated.
Answer: A. Because stocks and bonds are negatively correlated
Explanation:
An investment portfolio containing a mix of stocks and bonds is less risky than one containing a single asset class because stocks and bonds are negatively correlated.
In business, diversification of ones portfolio is essential in order to mitigate risks. Stocks and bonds are negatively correlated as one goes up, the other falls. Therefore bonds and stocks compensate each other.
Why would police file an affidavit of probable cause before a person is
arrested?
O A. To obtain an information
B. To be allowed to read Miranda rights
C. To obtain a search warrant
O D. To schedule an arraignment
SUBMIT
Answer:
A
Explanation:
they have to know what the person is being arrested for
Ellen is 48 years old and files as single. Her 2022 adjusted gross income (AGI) is $51,000, which includes gambling winnings of $2,000.
Ellen would like to itemize her deductions this year. Ellen brings documents for the following expenses:
$9,000 Hospital and doctor bills
$500 Contributions to Health Savings Account (HSA)
$3,600 State withholding (higher than Ellen's calculated state sales tax deduction)
$300 Personal property taxes based on the value of the vehicle
$400 Friend’s personal GoFundMe campaign
$275 Cash contributions to the Red Cross
$200 Fair market value of clothing in good condition donated to the Salvation Army (Ellen purchased the clothing for $900)
$7,300 Mortgage interest
$2,300 Real estate tax
$150 Homeowners association fees
$3,000 Gambling losses
1.) Ellen can claim the $400 she donated to her friend's personal GoFundMe campaign as a deduction on her Schedule A. a. True b. False
2.)What amount of gambling losses is Ellen eligible to claim as a deduction on her Schedule A? a. $0 b. $1,000 c. $2,000 d. $3,000
A Form W-2G must typically be provided to you if you collect $600 or more in gaming winnings.
What kind of gaming earnings are reported to the IRS?A Form W-2G must typically be provided to you if you collect $600 or more in gaming winnings. If you have won more over $5,000, the payer might be obligated to deduct 28% of the winnings for federal income tax.For winnings from gambling, the W-2G form is comparable to a 1099.Yes, however a casino won't have to disclose winnings until a specific level is exceeded. Depending on the type of game, different amounts of gambling profits require IRS reporting.A Form W-2G must typically be provided to you if you collect $600 or more in gaming winnings.To learn more about gaming winnings refer to:
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the following balance where extracted from the book of Alfsal, a sole trader as at 31/12/2014 capital 198000 ,drawing 10700, building 300000, office equipment (cost le 22000) 15000, patent 24000, delivery van at cost63000, Accumulated depreciation delivery vans 14000, stock 01/01/2014 29000, sale485,000, purchase 196000, return outward 5300, return inward 17000, creditor 21900, debtor 34800, discount received 1400, wages and salaries 105,000, general expenses 13000,stationary 4800, tem loan(received on 01/04/2014) 50,000. vat 17300. provision for bad debts 2500. Advertising 5700. insurance 9,000. loan interest paid 1,000. bank42,600. PRSI/USU 10,200. profit and loss balance 01/01/2014 65,000. you are given the following aditional information: stock for resale at 31/12/2014 was le 19,000. stationary paid in advance was le 1,200. provision should be made for interest due on loan. the rate of interest is 6%per annum. wages and salaries are to be divided 75%for employees and drawings. building 10% of cost. delivery van 10% of net book value. office equipment 20% of cost. provision for bad debts is to be adjusted to 10% of debtors . you are required to prepare a trading and profit and loss account for the year ended 31/ 12/2014. balance sheet as at 31/12/2014.
Here is the trading and profit and loss account for the year ended 31/12/2014:
The Trading and Profit and Loss AccountFor the year ended 31/12/2014
Particulars Amount
Sales €485,000
Less: Cost of Goods Sold €196,000
Gross Profit €289,000
Less: Expenses
- Wages and Salaries (75%) €78,750
- General Expenses €13,000
- Stationary €4,800
- VAT €17,300
- Provision for Bad Debts €3,480
- Advertising €5,700
- Insurance €9,000
- Loan Interest €600
- PRSI/USU €10,200
Net Profit €157,370
Here is the balance sheet as at 31/12/2014:
Balance Sheet
As at 31/12/2014
Assets Liabilities
Cash €42,600
Bank €1,200
Debtors €34,800
Stock €19,000
Capital €213,570
Drawings €10,700
Building €300,000
Office Equipment €15,000
Patent €24,000
Delivery Vans €49,000
Accumulated Depreciation €28,000
Provision for Bad Debts €3,730
Loan €50,000
Profit and Loss €157,370
Total €618,570
Total €618,570
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FILL IN THE BLANK exhibit 3-3 suppose annual salaries for sales associates from hayley's heirlooms have a bell-shaped distribution with a mean of $32,500 and a standard deviation of $2,500. refer to exhibit 3-3. the z-score for a sales associate from this store who earns $37,500 is ________
The z-score for a sales associate from this store who earns $37,500 is 2.
To find the z-score for a sales associate who earns $37,500, we can use the formula:
z = (x - μ) / σ
where x is the value we are interested in, μ is the mean of the distribution, and σ is the standard deviation.
Plugging in the values, we get:
z = (37,500 - 32,500) / 2,500
z = 2
Annual salaries for sales associates from Hayley's Heirlooms refer to the amount of money earned by sales associates over a one-year period. These salaries may vary based on factors such as experience, performance, and other incentives or bonuses provided by the company. The given information about the salaries having a bell-shaped distribution with a mean and standard deviation can be used to analyze and understand the distribution of salaries among the sales associates.
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Once her teams goals were set Alyssa asked each team member to come up with a(n)____ to reach her goals.
Once her team's goals were set Alyssa asked each team member to come up with a(n) action plan to reach her goals.
What is an Action Plan?This refers to the document that shows the list of steps that should be taken by a person in order to achieve or actualize their goals in a methodical manner.
Hence, we can see that based on the fact that the team goals have been set, Alyssa asked her team to form an action plan which was to help them achieve her goals and shows the list of actions and steps to be taken.
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construction loan avoidable interest
Avoidable interest serves as one that is used in the estimation of interest without expenditure.
What is an avoidable interest?Avoidable Interest can be regarded as the computation that can be used to find the interest when trying to avoid expenditures .
To calculate the Avoidable interest , the equation that can be used is
(the weighted average accumulated expenditures ) *( the proper interest rate)
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What does good marketing planning require?
A. Collecting and analyzing data
B. Understanding business systems
C. Making a profit
D. Information through advertising
Answer:
understanding business systems. is the anwers
Option B.
but all of these require for good marketing............. ᐛ
Each of the four independent situations below describes a sales-type lease in which annual lease payments of $190,000 are payable at the beginning of each year. Each is a finance lease for the lessee. Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Situation 1 2 3 4 Lease term (years) 7 7 8 8 Lessor's and lessee's interest rate 10% 12% 11% 11% Residual value: Estimated fair value $ 0 $ 68,000 $ 9,800 $ 68,000 Guaranteed by lessee $ 0 $ 0 $ 9,800 $ 78,000
At a rate of 11%, the present value of a 12-year annuity is 7.2065. The lease ability is $620,000, and the annual lease payments are $86,033.44.
What are the lease payments each year?The total amount of lease payments due for each 12-month period beginning on August 1 is referred to as the annual lease payment.
The following data are used to determine the annual payments.
The leased asset's fair value is $620,000; the lease term is 12 years; the lessor's rate of return is 11 percent. As a result, the formula yields the present value of an annuity due in 12 years at a rate of 11 percent, which is 7.2065.
The lease ability is calculated by multiplying the annual rent payment by the present value of the due annuity.
Thus, the rent payment for the year is the same as the one we calculated earlier.
Therefore, the lease ability equals $620,000 and is equal to $86,033.44 divided by 7.2065.
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true or false ,The first step in composing a message is to identify its purpose
Dale is a guitar teacher and Terrence is a tile layer. If Dale teaches Terrence's daughter to play the guitar in
exchange for Terrence tiling Dale's kitchen floor,
a. only Dale is made better off by trade.
O b. both Dale and Terrence are made better off by trade.
c. neither Dale nor Terrence are made better off by trade.
O d. only Terrence is made better off by trade.
If Dale teaches Terrence's daughter to play the guitar in exchange for Terrence tiling Dale's kitchen floor Option B. both Dale and Terrence are made better off by trade.
In this scenario, Dale is a guitar teacher and Terrence is a tile layer. Dale teaches Terrence's daughter how to play the guitar in return for Terrence tiling Dale's kitchen floor. It is a classic example of trade and bartering. Dale, the guitar teacher, would have had to pay for tile installation if he hadn't bartered with Terrence, the tile layer. Terrence, on the other hand, would have had to pay for guitar lessons if he hadn't traded with Dale.
Both Dale and Terrence, therefore, benefit from the trade, and they are both better off as a result. Because Dale receives tile installation in exchange for teaching guitar lessons, and Terrence receives guitar lessons in exchange for tile installation, both benefit.
In conclusion, the answer is (b) both Dale and Terrence are made better off by trade. When both parties are better off after a trade, it is known as a mutually beneficial trade. Trade, in general, promotes mutual gains by allowing people to concentrate on what they do best and exchange their output with others for goods and services that they desire. Therefore, the correct option is B.
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The "TAO" approach to digital marketing analytics stands for.
Answer:
The "TAO" approach to digital marketing stands for the way through which digital marketers can make themselves heard in the digital world in the midst of all the digital noise. He believed that, apprenticeships is the best way.
This offers the person a great way to gain both knowledge and experience while getting paid at the same time. For example,there are more and more apprenticeship bodies someone can engage with like The Juice Academy and Arch Apprentices.
Explanation:
!!!!! WORTH 100 POINTS !!!!!
_________________________________________________________
OBJECTIVES:
What is the advantages and disadvantages of credit?
Name the places where you can get credit.
List 3 main types of charge accounts.
One of the advantage of credit is: Credit can help you to pay for expenses in a case of unforeseen or unexpected circumstance.
What is credit?Credit can be defined as borrowing money from a lender in which you are expected to pay at a due date
Advantage of credit:
Credit can help you to pay for expenses in a case of unforeseen or unexpected circumstanceCredit tend to have loan interest rate.Convenient.It enables you to obtain things right away.It enables you to establishes a good credit rating.Disadvantage of credit:
It can lead to high-interest rates if not paid at the expected due date.Fee charged for delay in payments.It is easy to misuse.It can lead to higher temptation.It can lower credit rating.Name of places where you can get credit are:
BanksSavings and Loan InstitutionsCredit Unions etcThe 3 main types of charge accounts are:
RegularRevolvingBudgetTherefore One of the advantage of credit is: Credit can help you to pay for expenses in a case of unforeseen or unexpected circumstance.
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Why does the bank generally print the address of the check writer on the upper left-hand corner of the check?
Maria V. Bowen’s Check for $42.92 is dated March 6, 2019. Pay to the order of Credit Card Company.
A. To prevent people from bouncing a check (i.e., a NSF transaction)
B. To contact the check writer if a check bounces.
C. To advertise its products on the front of a check.
D. To prevent people from stealing checks.
To contact the check writer if a check bounces the bank generally print the address of the check writer on the upper left-hand corner of the check.
Option B is correct
The bank generally prints the address of the check writer on the upper left-hand corner of the check to be able to contact the check writer if a check bounces or is returned due to non-sufficient funds (NSF). By having the check writer's address on the check, the bank can contact the check writer to inform them that the check bounced and to try to resolve the issue.
This also helps the bank to verify the identity of the check writer and to prevent check fraud.
Option B is correct
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100 pts
The table identifies how many thousands of units of corn and diamonds the United States and Congo can produce in one week. Use this data to answer the question that follows.
Corn
Diamonds
United States
60
10
Congo
20
5
Which statement is true based on the data table?
The United States should specialize in diamonds and trade for corn.
The United States should specialize in corn and trade for diamonds.
Congo should specialize in corn and trade for diamonds.
Congo should specialize in both corn and in diamonds.
Answer:
In view of the units of corn and precious stones delivered by the US, the open-door cost of creating corn is B. 10⁄60.
What is the open-door cost of delivering corn?
The open-door cost of delivering corn to the US would be the number of precious stones that are surrendered to make one unit of corn.
This can be found as:
= Units of jewels/Units of corn
= 10/60 jewels
All in all, choice B is right.
Answer:
B) The United States should specialize in corn and trade for diamonds.
Explanation:
I got it right on the test
what is introduction management
Answer:
Management is what managers 'do', It is the process of coordinating work activities with and. through other people so that work activities are completed efficiently and effectively.
If the economy heads into a recession due to a global pandemic, which types of businesses would be less affected by a
decrease in consumer spending due to larger capital investments?
emaining
00:55:06
A)
partnership
8)
corporation
sole trader
D)
sole proprietorship
E)
Limited liability partnership
Answer: partnership, corporation and limited liability partnership
Partnership, corporation and limited liability partnership are the types of businesses would be less affected during recession. Thus, the correct answers are option A, B, and E.
What is recession?A recession is a business cycle contraction that occurs when there is a general decline in economic activity. Recessions occur when consumer spending falls dramatically.
A recession is a significant, widespread, and long-lasting decline in economic activity. If the economy enters a recession as a result of a global pandemic, partnerships, corporations, and limited liability partnerships will be less affected by a decrease in consumer spending due to larger capital investments.
Therefore, partnership, corporation and limited liability partnership remain unaffected in recession.
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11. Katie wants to buy a dress. The regular price is $47.99, but it is on sale for 40% off. How much does the dress cost? 29, 15
The dress will cost Katie $29.
Cost price of the dress =$47.99
Discount offered = 40%
Therefore,
Discount amount = $47.99*40/100
= $19.196
Hence,
Selling price after discount = $47.99-$19.196
= $28.794
= $29
Selling price is usually the price in which a seller sells things to a customer its different from the price he/she brought from store, which is the cost price. The cost price is the actual price of the product that the seller has brought, usually in bunk and is lesser that than selling price.
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why do we feel love?
Answer:
We feel love because a relationship is what makes a human happiest. Its proven scienctficly. I can't spell :p
Explanation:
Considering current world economic climate, the future exchange rates are uncertain. How would you analyse/anticipate the change in exchange rates? Write a brief proposal to mitigate impact of possible exchange rate fluctuations
Answer:
In order to analyse and anticipate the change in exchange rates, I would use a combination of technical and fundamental analysis. Technical analysis involves studying charts and trends to identify patterns that can be used to predict future price movements. Fundamental analysis involves looking at economic indicators such as GDP growth, inflation, unemployment, and interest rates to gain an understanding of the underlying economic conditions that can affect exchange rates.
In order to mitigate the impact of possible exchange rate fluctuations, I would suggest implementing a strategy of hedging. Hedging involves taking out a position in a currency or financial instrument that is opposite to the current position in order to reduce the risk of losses due to exchange rate fluctuations. This can be done through the use of forward contracts, options, and futures. Additionally, I would suggest diversifying investments across multiple currencies to reduce the risk of losses due to exchange rate fluctuations.
Finally, I would suggest monitoring exchange rate movements closely and adjusting the hedging strategy accordingly in order to ensure that the hedging strategy is effective in mitigating the impact of exchange rate fluctuations.
Explanation:
What makes buying a foreclosed property risky?
Answer:
almost everything
Explanation:
Your plan calls for using apprentice plumbers in place of fully licensed plumbers for some jobs. If the apprentice plumbers are 60% as productive as licensed plumbers and licensed plumbers cost $60 per hour, what is the most you should pay for apprentice plumbers?
Answer:
36
Explanation:
A service industry can provide the followings, except.
(a) Road construction (b.) Recreation (c.) laundry (d.) Hotel
A service industry can provide the followings, except road construction.The service industry plays a vital role in the economy and society by offering a wide range of services that meet the needs and wants of consumers(Option A).
A service industry is a type of business that provides services rather than tangible products to customers. Examples of service industries include healthcare, education, hospitality, transportation, and professional services such as accounting and consulting.
Among the options given, the service industry cannot provide road construction. Road construction is typically done by government agencies or private construction companies that specialize in infrastructure development.
On the other hand, recreation, laundry, and hotel services are all common offerings of the service industry. Recreation includes activities such as sports, entertainment, and tourism. Laundry services involve the cleaning and pressing of clothing and linens, and hotels provide accommodations for travelers. By providing quality services, service providers can build strong relationships with their customers and gain a competitive edge in the market.
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A company's relevant range of production is 10,000 to 15,000 units. When it produces and sells 12,000 units, its unit costs are as follows: Amount per Unit Direct materials $ 10.00 Direct labor $ 6.00 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 5.00 Fixed selling expense $ 3.50 Fixed administrative expense $ 2.00 Sales commissions $ 1.00 Variable administrative expense $ 0.50 What is the incremental cost incurred if the company increases production from 12,000 to 12,001 units
Answer:
14.002
Explanation:
Bankruptcy Risk and Z-Score Analysis
Following are selected ratios for JetBlue Airways for two recent fiscal years.
Ratio 2016 2015
Current ratio 0.604 0.705
Working capital to total assets (0.069) (0.104)
Retained earnings to total assets 0.258 0.194
EBIT to total assets 0.138 0.141
EBITDA to total assets 0.180 0.181
Market value of equity to total liabilities 1.380 1.342
Sales to total assets 0.699 0.742
Compute and interpret Altman Z-scores for the company for both years. (Do not round until your final answer; then round your answers to two decimal places.)
2016 z-score = Answer
2015 z-score = Answer
Which of the following statements best describes the company's Altman z-scores?
a) Both Altman z-scores are above 3.00 which indicate the company has a low probability of bankruptcy.
b) Both Altman z-scores are below 1.80 which indicate the company has a very low probability of bankruptcy.
c) Both Altman z-scores are between 1.80 and 3.00 which indicate the company has some potential of bankruptcy.
d) Both Altman z-scores are below 1.80 which indicate the company has a very high probability of bankruptcy.
The statement that best described the company's z-scores is: c) Both Altman z-scores are between 1.80 and 3.00 which indicate the company has some potential of bankruptcy
Computation for Altman Z-scores for the company for both years
Using formula
Altman Z-Score = (1.2×A) + (1.4×B) + (3.3×C) + (0.6×D) + (1.0×E)
Where:
A represent working capital / total assets
B represent retained earnings / total assets
C represent earnings before interest and tax / total assets
D represent market value of equity / total liabilities
E represent sales / total assets
Let plug in the formula
2016
2016 Z-score = 1.2(-0.069) + 1.4(0.258) + 3.3(0.180) + 0.6(1.380) + 1.0(0.699)
2016 Z-score=-0.0828+0.3612+0.594+0.828+0.699
2016 Z-score=2.40
2015
2015 Z-score = 1.2(-0.104) + 1.4(0.194) + 3.3(0.181) + 0.6(1.342) + 1.0(0.742)
2015 Z-score=-0.1248+0.2716+0.5973+0.8052+0.742
2015 Z-score=2.29
Hence:
2016 z-score =2.40
2015 z-score =2.90
Inconclusion The statement that best described the company's z-scores is: c) Both Altman z-scores are between 1.80 and 3.00 which indicate the company has some potential of bankruptcy
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Suppose 10 new hair salons open in this city. Would this have an effect on the supply and / or demand curves? Explain
Answer:
it would have effects on the demand
Explanation:
this would have more affect on the demand because there are more people that want the Supply
Explain the economic of scale
Answer:
Economies of scale are cost advantages reaped by companies when production becomes efficient. Companies can achieve economies of scale by increasing production and lowering costs. This happens because costs are spread over a larger number of goods.
Explanation:
Applying the conept of "Thinking at Margin" which of the following statements are relevant for a TV manufacturer to make a decision:
the average revenue of a television is $114.55
the average cost of 10 televisions is $100 each, while the 11th one requires the hiring of an extra truck for deliveries at $50
the total cost of a television is $1104.55
the average cost of a television is $104.55
Applying the concept of "Thinking at Margin" the statements that are relevant for a TV manufacturer to make a decision is: c. the average cost of 10 televisions is $100 each, while the 11th one requires the hiring of an extra truck for deliveries at $50.
What is "Thinking at Margin"?"Thinking at Margin" is used for a decision making process as this principle as to do with examining this difference as to whether the extra or additional benefit a person will derived will be better than the additional cost or whether the additional cost will be better that the additional benefit when both are compare together.
Applying the concept of "Thinking at Margin" the statements that are relevant for a TV manufacturer to make a decision is: the average cost of 10 televisions is $100 each, while the 11th one requires the hiring of an extra truck for deliveries at $50.
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