at his death stanley owned real estate worth $327,540 with two other individuals as equal tenants in common. stanley contributed $51,500 to the $103,000 total cost of the property. what amount, if any, is included in stanley's gross estate?

Answers

Answer 1

In Stanley's gross estate, the amount included is the proportionate share of the property that corresponds to his contribution towards its total cost. Based on the given information, Stanley contributed $51,500 out of the $103,000 total cost, which means he owns a 50% interest in the property as a tenant in common. Therefore, $163,770 (50% of $327,540) would be included in Stanley's gross estate.

As an equal tenant in common, Stanley owns a share of the property based on his contribution towards its total cost. Since he contributed $51,500 out of the $103,000 total cost, his share is 50% of the property. To determine the value included in Stanley's gross estate, we need to calculate 50% of the total value of the property. Given that the real estate is worth $327,540, 50% of that amount is $163,770. Therefore, $163,770 is the amount that would be included in Stanley's gross estate upon his death.

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Related Questions

A business provides its employees with varying amounts of vacation per year, depending on the length of employment. The estimated amount of the current year's vacation pay is $42,000.

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Vacation pay expense $42,000

Vacation pay payable $42,000

How is the vacation pay registered on the company's balance sheet?

It is recorded on the company's balance sheet as the accrued liability at the drawbacks portion.

When is this amount withdrawn from the company's balance sheet?

The amount will be removed once the vacation pay is paid and debited to the income account.

The balance sheet is an significant tool used by executives, investors, analysts, and regulators to know the current financial health of a business. It is usually used alongside the two other types of financial statements: the income statement and the cash flow statement.

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How quickly you can get back your invested funds if you want or need them is referred to as?

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Time when we can get back our invested funds if we want or need them is referred to as liquidity.

Liquidity is defined as how easily or quickly a security can be bought or sold in the secondary market. Liquid investments are sold readily and  a hefty fee is not required to pay to get money when it is needed.

When we talk about stock’s liquidity it refers to how rapidly shares of a stock can be bought or sold. Sale and purchase is done  without impacting the stock price substantially.

Stocks which have low liquidity may be difficult to sell and may cause seller to take a bigger loss if he cannot sell the shares when he  wants to.

Liquidity risk is the risk which the investors won’t find a market for their securities, which may stop them from buying or selling whenever they want

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Suppose that the US imports $260 million worth of goods and services and exports $160 million worth of goods and services. What is the value of net exports?

Answers

The value of net exports is -$100.

The value of a country's total exports less the value of its total imports is the country's net exports. A trade surplus or deficit is represented by a positive or negative net export figure. A country's exports can be priced more competitively when there is a poor currency exchange rate.

Net Exports.= Value of Exports − Value of Imports

Where,

Value of Exports = Total amount that foreign nations spend on domestic goods and services. = $160

Value of Imports = Total amount spent by the home nation on products and services imported from other nations.= $260

Net Exports.= Value of Exports − Value of Imports

Net Exports.=  $160 ₋ $260

Net Exports.=  ₋$100

The difference between a country's total exports and total imports is the number of its net exports. A trade surplus or deficit is represented by a positive or negative net export figure.

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Issuing bonds to obtain long-term funds legally compels a firm to pay regular ________ payments and repay the ________ at the maturity date.

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Issuing bonds to obtain long-term funds legally compels a firm to pay regular interest payments and repay the principle at the maturity date.

If married and unmarried women respond similarly to a sale on perfume, these hypothetical segments fail the ________ criterion for useful market segments

Answers

If married and unmarried women respond similarly to a sale on perfume, these hypothetical segments fail the differentiable criterion for useful market segments.

What are Market Segments?People who are gathered together for marketing purposes are referred to as market segments. Market segments are subsets of a broader market that frequently group people together based on one or more shared traits. Companies and their marketing departments define a target market for their goods and services using a variety of factors. Marketing experts use a unique strategy to each market segment after thoroughly understanding the demands, way of life, demography, and personality of the target consumer.

In a market that is otherwise uniform, a market segment is a group of customers with comparable preferences. These clients may consist of people, families, companies, organizations, or a combination of several types.

Therefore, the hypothetical segment in the question fail the differentiable criterion for useful market segments.

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The journal entry required to close the Drawing account is _____. a debit to Income Summary account and a credit to Drawing account a debit to Capital account and a credit to Drawing account a debit to Capital account and a credit to Cash account None of these choices are correct.

Answers

The journal entry required to close the Drawing account is debit to Income Summary account and a credit to Drawing account.

Option a) is correct.

What is  Income Summary account ?

An income summary is a temporary account that is used to net the closing entries from all the revenue and expense accounts at the conclusion of the accounting quarter. The final balance is regarded as a gain or loss. The company made a profit for that year if the net balance of the income summary is a credit balance, and a loss for that year if the net balance is a debit balance.

It lists all earnings and costs related to both operational and non-operating operations. It is also known as a revenue and expense summary as a result.

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Saving money is a major priority for _______, who are generally economical and look for value when making purchases.

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Saving money is a major priority for  Gen Xers , who are generally economical and look for value when making purchases.

What is Gen Xers ?

Americans who are part of Generation X — ages 39 to 54 — should be focused on saving for their retirement. However, a recent survey conducted by Schwab Retirement Plan Services found that many people in this generation are behind on retirement savings while juggling debt payments and other living expenses.

Gen Xers prize self-sufficiency and are pragmatic. Gen Xers prices are self sufficient that they need no external aid and they are realistic.

The current living generations have been divided into the following six major groups:

Greatest generationSilent generationBaby boomersGeneration XMillennialsGeneration Z

where, Generation X Born between 1965 and 1980, Gen-Xers grew up with emerging technologies and political and institutional incompetence. They witnessed Watergate, Three Mile Island, and the Iranian hostage crisis.

But they also observed major technological advancements. Mimeograph machines evolved into high-speed copiers, and fax machines gave way to email. Heavy adding machines were replaced by handheld calculators, and computers shrank in size and processing speed.

Therefore, we can conclude that the correct option is A.

Your question is incomplete, but most probably your full question was:

Saving money is a major priority for _________, who are generally economical and look for value when making purchases

a. Gen Xers

b. Millennials

c. teens

d. tweens

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Which of the following financing types involves the sale of personal property with the real property

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A package loan is the following financing type that involves the sale of personal property with real property.

Property is any item that someone or a business has criminal title over. property is a system of rights that gives human beings felony manipulation of valuable matters, and also refers to the treasured matters themselves.

property may be tangible objects, which include houses, motors, or home equipment, or it can talk to intangible gadgets that carry the promise of destiny well worth, such as stock and bond certificates.

Types of Property

Movable and Immovable Property.Tangible and Intangible Property.Private and Public Property.Personal and Real Property.Corporeal and Incorporeal Property.

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A firm that successfully leverages network effects can?

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A firm that successfully leverages network effects can push the industry into the growth stage.

What is The network effect ?The network effect is a phenomenon whereby increased numbers of people or participants improve the value of a good or service. Network outcomes. occur when a product or service's value rises together with its customer base. When they occur, network effects rank among the most significant factors in your decision to choose one good or service over another. More users equals more worth.By doing away with gatekeepers, they enable new sources of supply and value generation and scale more effectively.

What are network effects?

By expanding your client base, market share, and the overall value proposition of your product, network effects help you scale your firm and enhance profitability. A network effect is when your product's value rises as more people use it, if you're wondering what that is.

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Which of the following is a likely reason for a retailer to close its stores when challenged by a new retailer such as Aldi

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(C) Failure to conduct a competitor analysis is a likely reason for a retailer to close its stores when challenged by a new retailer such as Aldi.

Who is a retailer?Retail is the sale of goods and services to people, as opposed to wholesale, which is the sale to businesses or institutions.A retailer buys in bulk from manufacturers, either directly or through a wholesaler, and then sells in smaller amounts to consumers for a profit.Top Retailing Issues & Challenges Today:Consumers Prefer Multichannel Purchasing Experiences.Customers Expect a Convenient Experience.Retailers Need a Standout Experience to Attract Customer Loyalty.Failure to conduct a competitor analysis.There are numerous technologies available to drive marketing and sales, but they do not appear to work in tandem.

Therefore, (C) Failure to conduct a competitor analysis is a likely reason for a retailer to close its stores when challenged by a new retailer such as Aldi.

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Complete question:

Which of the following is a likely reason for a retailer to close its stores when challenged by a new retailer such as Aldi?

a. Poor business practices

b. Failure to support its customers

c. Failure to conduct a competitor analysis

d. Poor product selection

The line of authority in a private hospital, which is based on technical skill and expertise, is the

Answers

The first line of authority in a private hospital, which is based on technical skill and expertise, is called :-

The Medical Line.

A medical regulatory authority is an organization recognized by the government of a country, state, province etc., as being responsible for: the registration/licensure of physicians, whereby such physicians are entitled to practice the profession of medicine

What is a line of authority?

Line authority flows down the chain of command. For example, line authority gives a production supervisor the right to direct an employee to operate a particular machine, and it gives the vice president of finance the right to request a certain report from a department head.

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Do you think Home Depot is segmenting the contractor market using only business variables or a combination of business and consumer variables

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Definitely business and consumer variables. Their consumer variables have jumped in the last 10 years

1. In what ways are boundaries and money management related to deep core needs?

Answers

I feel as though it speaks to trust in your relationship. If you are able to communicate boundaries and come up with what works for you and your spouse, you will gain that trust. With trust you also gain safety and security in a relationship.

The processes of setting up a budget, saving money, making investments, and spending are all examples of money management. The phrase can also be used to refer more specifically to portfolio and investment management.

Money management, sometimes known as investment management, is the process of keeping track of expenses, investing, setting a budget, banking, and assessing taxes on one's money. A strategic approach to managing money is to ensure that every dollar spent generates the maximum possible return on investment.

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Indicate the point where a monopoly will set its price.

Answers

Answer:

Equilibrium point.

Explanation:

The equilibrium price is the only price where the plans of consumers and the plans of producers agree—that is, where the amount consumers want to buy of the product, quantity demanded, is equal to the amount producers want to sell, quantity supplied. This common quantity is called the equilibrium quantity. At any other price, the quantity demanded does not equal the quantity supplied, so the market is not in equilibrium at that price.

Who is responsible for managing existing products through the stages of the life cycle?

Answers

All product managers are in charge of overseeing current products as they go through various life cycle stages. includes changing one or more aspects of a product, such as its performance, quality, or appearance, in order to raise the product's value to users and boost sales.

Who are product managers?

The business process of designing, developing, launching, and managing a product or service is known as product management. It encompasses a product's complete lifecycle, from conception through development to launch.

A product manager describes what success looks like for a product, pinpoints the consumer need and bigger corporate goals that a feature will address, and rallies a team to make that vision a reality.

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When a state acts in its sovereign capacity, __________. Multiple Choice it has the right to forgive corporations for violations of the Clayton Act it can legalize bribery it is liable for triple damages it can force defendants to civil suits to enter a plea of nolo contendere it is immune from federal antitrust scrutiny

Answers

When a state acts in its sovereign capacity, it is immune from federal antitrust scrutiny.

What is Federal Antitrust Law?Antitrust laws, also known as competition laws, are regulations created by the American government to defend consumers from unfair commercial practices. In an open-market economy, they make sure there is fair competition. Along with the market, these rules have developed, vigilantly preventing potential monopolies and interference with the healthy flow of competition.Market allocation, bid rigging, price fixing, and monopolies are just a few of the commercial practices that are subject to antitrust legislation. We look at the behaviors that these laws forbid below.Without these restrictions, customers would not benefit from a variety of options or market competition.

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According to the Statute of Frauds, a general partnership that exists for more than ________ must have a written partnership agreement.

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According to the Statute of Frauds, a general partnership that exists for more than one year must have a written partnership agreement.

A general partnership is a business entity made of two or more partners who agree to establish and run a business.

What is Statute of Frauds?Statutes that exist in every state which require that certain types of contracts are enforceable only if the contract is in writing or evidenced by a written memorandum or electronic record that is signed.A statute requiring certain contracts to be in writing and signed by the parties bound by the contract. The purpose is to prevent fraud and other injury.

The objective of the statute of frauds is to not enforce particular contracts unless there is a written memorandum or note signed by the persons involved with the contract. An authorized representative may also sign the written document. In a breach of contract action, a defendant may invoke the statute of frauds.

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The amount by which actual or expected sales exceeds break-even sales is referred to as.

Answers

The amount by which actual or expected sales exceed break-even sales is referred to as more accurate product costing.

A break-even analysis is what, exactly?

Break-even analysis involves figuring out and looking at an entity's margin of safety based on the revenues received and related costs. The study, in other words, demonstrates how many sales are necessary to cover operating expenses.

The break-even analysis establishes the number of sales required to cover all fixed costs for the organization by analyzing various pricing levels in relation to various levels of demand. A demand-side study would provide a seller with important information about their selling capacities.

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You have connected your laptop to the network using a cat 5e cable but received an ip address of 169.254.13.52 and cannot connect to www.perscholas.org. what is most likely the cause of this issue?

Answers

Assuming you have connected your laptop to the network using a cat 5e cable but received an ip address of 169.254.13.52 and cannot connect to www.perscholas.org. The most likely the cause of this issue is: dhcp failure.

What is DHCP?

DHCP which full meaning is Dynamic Host Configuration Protocol can be defined as a type  of network protocol that makes it possible for internet user to have connection when accessing a website.

When Dynamic Host Configuration Protocol failed this means that  DHCP failed to assign an internet protocol (IP) address to your computer leading to lack of connection or inability to access the internet.

Therefore assuming you have connected your laptop to the network using a cat 5e cable but received an ip address of 169.254.13.52 and cannot connect to www.perscholas.org. The most likely the cause of this issue is: dhcp failure.

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In a limited partnership, limited partners do not have the same rights as general partners to participate in management. Group of answer choices False True

Answers

In a limited partnership, limited partners do not have the same rights as general partners to participate in management. This statement is true.

What is a limited partnership?

A limited partnership is a type of partnership that is made up of general partners and limited partners. The liability of limited partners is limited to the amount invested in the business while the general partners have unlimited liabilities.

The limited partner cannot partake in the daily running of the business unlike the general partner.

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If the federal government requires state governments to implement a public health program but does not grant the state governments any money to run that program, the federal requirement is a(n)?

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When the federal government implements a new program but does not release any grants to state governments to carry out the program, this is an Unfunded mandate.

What is an unfunded mandate?

This refers to a policy by the federal government which would have to affect all the states because the federal government is national.

A lot of the time., the federal government will give states funds to enable them to carry about new programs from the federal level so that the programs can be implemented effectively. Sometimes however, they won't do this and this will be an unfunded mandate.

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What notice must be given to purchasers by the seller (or agent) informing them that county assessors revalue real property at the time the ownership of the property changes?

Answers

Notice of Supplemental Property Tax Bill must be giv

The county has the right to go back and correct theen to purchasers by the seller (or agent) informing them that county assessors revalue real property at the time the ownership of the property changes.

The county has the right to go back and correct the tax account once the exemption has been removed. When they do this, a bill for additional taxes is issued. The unaware buyer who is now liable for the tax payment will often receive this supplemental tax bill.

A supplementary tax bill known as a negative supplemental tax bill represents an assessment that is lower than the previous assessed value, a senior citizen's transfer of Proposition 13 values, or some other downward assessment. You will also get a refund check if your supplemental tax bill is negative.

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Stephan's dream is to own his own hair styling salon. Which educational path
will help him realize that goal?
OA. A 900 hour certificate course at an electrical college.
B. A two-year degree at a state college.
C. A 1,200 hour certificate course at a beauty college.
OD. A four-year humanities degree at a state college.

Answers

The educational path that will help him realize that goal is: C. 1,200 hour certificate course at a beauty college.

What is goals?

Goals can be defined as what a person have the plan to achieve and work towards achieving the set goals.

If his  dream was to have his own hair styling salon, 1,200 hour certificate course at a beauty college will be the best choice as it is the educational path that will enable him  to achieve his set goal.

Therefore the correct option is c.

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When producers' costs increase, there will be ________ product (shift left) at each price brought to the market.

Answers

When producers' costs increase, there will be smaller products (shift left) at each price brought to the market.

Growth in value causes an upward (or a leftward) shift of the deliver curve so that at any price, the portions supplied may be smaller, supply Curve Shifts. whilst the fee of production will increase, the supply curve shifts upward to a new charge stage.

Factors that may shift the delivery curve for goods and services, causing a unique quantity to be supplied at any given fee, encompass entry costs, natural conditions, changes in generation, and authorities taxes, regulations, or subsidies.

The fee is dependent on the interplay among calls for and delivers additives of a market. call for and deliver represent the willingness of consumers and manufacturers to engage in buying and promoting. A change of a product takes vicinity whilst buyers and sellers can agree upon a price.

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Which classification of money describes money that can be accessed quickly and easily, and includes coins and paper money as well as checks

Answers

The classification of money that describes money that can be assessed quickly and easily is M1.

What is M1?

Money is anything that is generally accepted as a means of payment for goods and services and for repayment of debt. Example of money are paper money and coins.

M1 is the type of money that is regarded as the most liquid form of money. It includes currency - coins and paper money and money that can easily be converted to money e.g. savings deposit. M1 earn the least amount of interest due to its high liquidity. M1 is also known as narrow money.

For example, the money in your wallet is easily accessible and can be used to make payments compared to money invested in the stock market. There are a lot of processes before you can liquidate your investments in the stock market. Thus, money in your wallet (M1) is more liquid and accessible than money in the stock market.  

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To force the value of the british pound to depreciate against the dollar, the federal reserve should:________

Answers

To force the value of the British pound to depreciate against the dollar, the federal reserve should sell pounds for dollars on the currency exchange market, and the Bank of England should also do the same.

The Bank of England should swap pounds for dollars on the foreign exchange market.

If the price of GBP/USD increases from 1.2700 to 1.5000, the dollar's value is said to have decreased and the value of the pound to have increased since more dollars are needed to purchase the same amount of pounds. This is also known as a strengthening of the pound and a weakening of the dollar.

The foreign exchange market, often known as the currency market or the over-the-counter (OTC) market, is a global decentralised marketplace for trading currencies. The exchange rates for all currencies are set by this market. All elements of purchasing, selling, and exchanging currencies at the current or determined prices.

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One reason the ad curve is downward sloping is the __________ effect

Answers

price level falls, purchasing power rises effect is the reasons the ad curve is downward slopinging

During the year, Kim sold the following assets: business auto for a $1,000 loss, stock investment for a $1,000 loss, and pleasure yacht for a $1,000 loss. Presuming adequate income, how much of these losses may Kim claim

Answers

Kim can claim (A) $2,000.

What are assets?In financial accounting, an asset is any resource that a corporation or economic organization owns or controls. It is anything (tangible or immaterial) that can be utilized to generate positive economic value. Assets indicate the worth of ownership that may be transformed into cash (although cash itself is also considered an asset). A company's balance sheet details the monetary value of its assets. It protects money and other assets belonging to an individual or a corporation.

To find how much Kim can claim:

The $1,000 loss on the business auto is an ordinary loss.Whereas the $1,000 loss on the stock investment is a capital loss. The $1,000 boat loss is personal and hence cannot be subtracted.

Therefore, Kim can claim (A) $2,000.

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The question you are looking for is given here:

During the year, Kim sold the following assets: business auto for a $1,000 loss, stock investment for a $1,000 loss, and pleasure yacht for a $1,000 loss. Presuming adequate income, how much of these losses may Kim claim?

a. $2,000

b. $1,000

c. $0

d. $3,000

e. None of these choices are correct.

Under which of the following circumstances may investment bankers review an equity research report prior to publication

Answers

(B) To verify the factual accuracy investment bankers review an equity research report prior to publication.

What are investment bankers?A financial institution's investment banker is largely responsible for obtaining cash for firms, governments, or other entities.The investment banking industry is attractive because it pays handsomely.Investment bankers must have great verbal and writing communication skills, as well as the ability to work long and demanding hours.Prior to publication, investment bankers analyze an equities research report to ensure its accuracy.Large, complex financial transactions are facilitated by investment bankers. These transactions may include arranging for a client's acquisition, merger, or sale. Another duty of investment bankers is to issue securities in order to raise capital.

As the description itself says, prior to publication, investment bankers analyze an equities research report to ensure its accuracy.

Therefore, (B) to verify the factual accuracy investment bankers review an equity research report prior to publication.

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Complete question:

Under what circumstances may investment banking personnel review an equity research report prior to publication?

A) To prevent a recommendation that may alienate a client company

B) To verify its factual accuracy

C) Under no circumstances

D) To ensure a favorable recommendation

Using resource allocation as an indicator of the significance of an office's task, a significant task of the Texas attorney general involves which of the following

Answers

Answer: Child support

Explanation:

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The standard enthalpy of formation of palmitic acid - 208kJ/mol.C) What is the caloric content of palmitic acid in Cal/g?D) Write a balanced equation for the complete combustion of table sugar (sucrose, C12H22O11). Use H2O(l) in the balanced chemical equation because the metabolism of these compounds produces liquid water.E) Calculate the standard enthalpy of combustion. The standard enthalpy of formation of sucrose is - 2226.1kJ/mol.F) What is the caloric content of sucrose in Cal/g? Construct orthogonal polynomials of degrees 0, 1, and 2 on the interval (0,1) with respect to the weight function. (a) w(1) = log1 /x(b) w(x) = 1/x Explain the drivers of a Supply Chain Network Redesign. What are the steps in the Supply Chain Network Design Process?Define omnichannel. List the 3 most important aspects.List and explain the different types of customer fulfillment models.Short answer is Fine A chocolatier, Alain, in Belgium conducted extensive market research and focus groups, to understand the perfect chocolate for a distinct group of consumers. The perfect piece of chocolate would have a target weight of 60 grams. The voice of the specific consumers prefers a specification of +/- 2 grams.Alain has targeted a selling price of 15 Euros a piece. A box of dozen would be 150 Euros, gift wrapped for special occasions. Alain searched for a depositor that would give the most accurate fill weight, with a tight tolerance, a machine that would not only make elegant shapes of chocolate with precise caramel filling and clean impression.A confectionery machinery maker, Mod dArt has several models.Model A costs $5,000 and could produce fill weights at average of 60.50 grams, and standard deviation of 1.5 grams.Model B costs $15,000, but with a standard deviation of 0.95 grams, with 59.95 grams average fill weight.Model C runs $25,000; this deluxe model has standard deviation of 0.60 grams, average fill weight of 60.15 grams.What is the voice of the consumer (difference from Upper to Lower Specification Limits), from Alains research and focus groups [ Select ] ["3.75", "4.1", "3.9", "4"]What is Cp Model A [ Select ] ["0.42", "0.45", "0.43", "0.44"] , and Cpk of Model A 0.33Cp of Model B [ Select ] ["0.65", "0.75", "0.60", "0.70"] , and Cpk of Model B [ Select ] ["0.71", "0.78", "0.75", "0.68"]Cp of Model C 1.11 , and Cpk of Model C [ Select ] ["1.08", "1.05", "1.03", "1.11"]Which Model should Alain be selecting [ Select ] ["Cannot answer", "model b", "model a", "model c"] assume the economy is initially located on ad0 and as0. an increase in the exchange rate and a decrease in worker productivity would result in price ________ and real domestic output ________. Let |u| = 4 at an angle of 210 and |v| = 9 at an angle of 315, and w = u v. What is the magnitude and direction angle of w? |w| = 5. 5; = 156. 1 |w| = 5. 5; = 203. 9 |w| = 10. 8; = 156. 1 |w| = 10. 8; = 203. 9.