Developing economies are countries that have achieved substantial industrialization, modernization, and rapid economic growth since the 1980s. True or False?

Answers

Answer 1

A developing country is a country that has undergone significant industrialization, modernization, and rapid economic growth since the 1980s.  false

Industrialism is a way of life that involves major economic, social, political, and cultural changes. Society is modernizing due to the comprehensive change of industrialization. Modernization is a continuous, freewheeling process.

Modernization is the current term for an ancient process. That is the process of social change in which less developed societies acquire the common characteristics of more developed societies. This process is activated by international or inter-society communication.

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question 4.2: introduction of new products causes the cpi to overstate the true, realized inflation rate because:

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Because of new product bias, the cpi overstates the real inflation rate when new products are introduced.

What is inflation?

⇒ The term "inflation" describes Associate in Nursing economy's overall rise within the price of products and services. Inflation is characterised by a discount within the buying power of cash since every unit of currency could also be accustomed obtain fewer product and services because the general index rises. Inflation is that the opposite of deflation, that may be a consistent decline within the level of costs for product and services. the foremost common live of inflation is that the rate, that is that the yearly proportion amendment in an exceedingly general indicant. the buyer indicant (CPI) is usually used for this purpose as a result of worth will increase aren't uniform across the board. within the u. s., wages also are calculated victimisation the utilization price index.

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dividends paid to common stockholders be deducted from the payer's taxable income for tax purposes. multiple choice question. may can cannot should

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Dividends paid to common stockholders cannot be deducted from the payer's taxable income for tax purposes.

What is dividend?

Dividend can be defined as the portion of profit that a company or an organization paid to stockholders based on the fact that stockholders are investors who invested their money into a company with an expectation  to share profit with the company they invested in.

Dividends paid to stockholders cannot be lessen  from the payer's taxable income for tax purposes as the dividend are portion of profit that companies paid to their stockholders.

Therefore the correct option is C.

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T

ups measures routes for each of its​ drivers, including the number of miles​ driven, deliveries, and pickups. which step in the control process does this​ represent?

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UPS measures routes for each of its​ drivers, including the number of miles​ driven, deliveries, and pickups represents step 1 or monitoring step in the control process.

UPS tracks each driver's mileage, deliveries, and pickups in order to assess how well they are performing. This is an aspect of the control process, which entails setting standards in the Planning stage and then assessing performance in the monitoring step in relation to these criteria.

By carefully examining driver behavior, UPS has streamlined their delivery routes. They keep track of the deliveries that take the longest, the easiest places to get around, and the drivers that are most productive.

Knowing these numbers enables them to come up with alternate plans for expediting package delivery and making their drivers' tasks easier. By providing its drivers with tracking devices, vehicle sensors, and route optimization software, they are able to accomplish all of this.

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companies have a right to prevent employees in technical fields from quitting and working for another company. group of answer choices true or false

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It's True that companies have a right to prevent employees in technical fields from quitting and working for another company.

Which of the following best justifies the legal protection of trade secrets?

Which justification for the legal protection of trade secrets is strongest? There is a history of American businesses buying off foreign leaders to gain business advantages. The Foreign Corrupt Practices Act (FCPA) of 1977 made such actions unlawful.

What are the two criteria that must be met for information to qualify as a trade secret?

Due to its secrecy, the information must have economic value. Most often, commercial information is protected by trade secret law; but, the confidentiality of that information must serve some purpose. actions taken by the rights owner to keep their privacy private.

What statute protects a trade secret?

Keeping trade secrets safe

The Economic Espionage Act was updated by the Defend Trade Secrets Act of 2016 (DTSA), which created a private civil right of action for the theft of a trade secret.

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it is erroneous to make direct comparisons between the calculated betas. because independent variables are often measured with different units. true false

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The assigned statement is accurate based on the question. Independent variables are frequently measured in a variety of units.

What does the calculation mean?

When you define someone as determining, you are disapproving of their deliberate plan to just get what they desire often by injuring or harming others. Mental arithmetic is the practice of performing mathematical calculations in one's head without the aid of a computer or writing them down.

What are the various types of calculations?

Calculation Types

The process is straightforward: a single solvent or a combination of solutes is allowed to equilibrate to a specific relative humidity and temperature.Comprehensive: this is comparable to the "simple" case previous section, but the user has more facilities and options.

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Why would it be helpful for you to study ethics in short periods of time rather than long periods
of time?

Answers

Answer: Ethics and Human Interface: Essence, determinants and consequences of Ethics in human actions; dimensions of ethics; ethics in private and public relationships.

Explanation:

if 75 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is

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If 75 units remain unsold at the end of the month, the amount of inventory that would be reported on the absorption costing balance sheet is variable  cost per unit.

The cost of balance sheet refers to a financial statement that reports a company's assets, liabilities and shareholders equity at a specific point in time. Balance sheets provide the basis for computing rates of return for investors and evaluating a company's capital structure.

The affect of 75 units remain unsold at the end of the month, it affects the amount of income tax the company needs to pay for the period.

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How important is this Foreign employment promotion board?​

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Answer:

Explanation:

Foreign employment promotion board provides welfare-related activities to migrants and their families; skill development, orientation, returnee and integration, and compensation for injuries and deaths of migrants at their working place.

It aims to ensure effective protection of the rights of vulnerable migrant workers, enhance the development impact of labor migration, and reduce unregulated migration. It has a migrant-centered approach and will provide support to at least 20,000 migrant workers.

gagliardi way corporation has an expected roe of 15%. if it pays out 30% of its earnings as dividends, its dividend growth rate will be .

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Gagliardi way corporation has an expected ROE of 15%. if it pays out 30% of its earnings as dividends, its dividend growth rate will be 10.5%.

The (ROE) return on equity is a live of the gain of a business in relevance the equity. As a result of shareholder's equity is calculated by taking all assets and subtracting all liabilities, ROE is thought of as a come on assets minus liabilities.

A dividend is a distribution of profits by an organization to its shareholders. once an organization earns a profit or surplus, it's ready to pay a little of the profit as a dividend to shareholders. Any quantity not distributed is taken to be re-invested within the business (called maintained earnings).

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you just won the $89 million california state lottery. the lottery offers you a choice of receiving a lump sum today or $89 million split into 26 equal annual installments at the end of each year (with the first amount paid a year from now). assume the funds can be invested at an annual rate of 7.65%. what dollar amount of the lump sum would exactly equal to the present value of the annual installments? round off to the nearest $1:

Answers

The present value of annual installments is $38163612.

Lump sum amount =$ 89 million

26 equal installments = $89 million/26.                                              = $3423076.92

Interest rate = 7.065%

We know that present value of equal future cash inflows of n years:

Cash flow x present value annuity factor of interest rate for n years

Hence present value of 26 equal installments today is :

=$3423076.92 x PVAF(7.065%,26 years)

=$3423076.92 x 11.1489203

=$38163611.76

= $38163612

Hence present value of annual installments is $38163612.

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Which of these can you invest in without assuming any risk?

(1 point)

bonds

property

stocks

none

Answers

Answer:

none

Explanation:

correct

a natural monopoly exists when one large firm can produce at a lower per unit cost than smaller firms. true falsde

Answers

The following statement, "A natural monopoly exists when one large firm can produce a product at a lower average total cost than can several smaller firms." is True.

A natural monopoly is a monopoly in an industry where high infrastructure costs and other entry obstacles in relation to the size of the market provide the largest supplier in the sector, frequently the first supplier in a market, a significant competitive advantage.

A sector is a natural monopoly specifically if the whole cost of one company generating the full output is less than the total cost of two or more companies producing the same amount of output. The formation of a corporation or a small number of firms offering all or the majority of the pertinent goods and/or services is therefore highly likely.

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question content area the statement of cash flows is not one of the basic financial statements. true false

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The assertion is accurate. The cash flows statement is not one of the fundamental financial statements, according to the question area.

Why Is the Free Cash Flow Important and What Does It Mean?

The money that remains after a corporation pays its operational costs and capital expenditures is known as free cash flow. It's the money that is left over after paying for expenses including rent, taxes, and wages. FCF can be used however businesses see fit.

FCF is a crucial metric since it reveals how effectively a business generates cash.

Are Cash Flow Statements Required for Reporting by Businesses?

Since 1987, the cash flow statement has been a necessary component of the financial reporting requirements for public companies, complementing the balance sheet and the income statement.

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when is the financial components approach to recording the transfers of receivables used? when should a transfer of receivable be recorded as a saleg

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The monetary thing approach data the transfer of receivables when the commercial enterprise entity sells the receivables.

Why would an entity component bills receivable?

Accounts receivables are due quantities to a business, normally consisting of patron deposit due quantities that are unavailable to the commercial enterprise as actionable funds. Companies may also component bills receivables to enhance cash glide alternatively than ready on credit dues from customers.

Run a deposit take a look at on prospective clients to see if they have a records of late repayments or bankruptcies and different monetary troubles. Track Accounts Receivable. A key phase of this process is to successfully track accounts receivable. You have to always be aware of which accounts are top notch and for how long.

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You are married with two children and are buying life insurance. You are reviewing the life insurance rider options and comparing them against your needs. Which rider are you least likely to want/need?

Answers

The least likely rider while choosing the life insurance will be second to die option.

What is life insurance?

An insurance policy holder and an insurer or assurer enter into a contract for life insurance under which the insurer agrees to pay a predetermined beneficiary a certain amount of money in the event that the policyholder dies. Other occurrences, such critical illness or terminal disease, may also result in payment, depending on the terms of the contract. If you're wondering what life insurance means, you should know that a life insurance policy is a legal agreement between a person and an insurer under which the insurer guarantees the policyholder's financial security in return for regular premium payments (known as premiums).

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a company has a beta of 3.25. if the market return is expected to be 14 percent and the risk-free rate is 5.5 percent, what is the company's required return?

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If a company has a beta of 3.25. if the market return is expected to be 14 percent and the risk-free rate is 5.5 percent, the company's required return is 33.13%.

How to find the Required rate of return?

Using this formula to find the Required rate of return

Required rate of return = Risk-free rate + (Market return - Risk-free rate) x beta

Where:

Risk-free rate = 5.5%

Market return = 14%

beta = 3.25

Let plug in the formula

Required rate of return = 5.5% + (14% - 5.5%) x 3.25

Required rate of return = 5.5% + 8.5% x 3.25

Required rate of return = 5.5% + 27.625%

Required rate of return = 33.125%

Required rate of return = 33.13% (Approximately)

Therefore the Required rate of return is 33.13%.

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andrade corp. has debt of $2,834,950, total assets of $5,178,235, sales of $8,234,121, and net income of $812,355. what is the firm's return on equity? round your final answer to one decimal place

Answers

The firm's return on equity which is Net income ÷ Total equity of andrade corp is 34.7%.

What is return on equity?The ratio of a company's net income to the equity of its shareholders is known as return on equity (ROE). A company's profitability and the effectiveness of its revenue generation are measured by its return on equity (ROE). A corporation is better at turning its equity funding into profits the higher the ROE.Net Profit Margin x Asset Turnover x Equity Multiplier equals ROE. Sales x Assets x Equity x Sales x Earnings before taxes = ROE (1 - Tax Rate).The RoE reveals how much money the company makes for every rupee it has in equity. For instance, a company with a RoE of 10% would make a profit of Rs. 10 for every Rs. 100 it had in equity. RoE is a gauge of a company's profitability. It also depends on how much debt or overall leverage a company has.

Given data :

Total equity = Total assets - Total liabilities = $5,178,235 − $2,834,950 = $2,343,285

Return on equity = Net income ÷ Total equity = ($812,355 ÷ $2,343,285 ) = 34.67%

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it what ways is the healthcare market unlike other markets (such as the market for housing, cars, clothing, etc.)?

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The healthcare market unlike other markets because you never know when you're going to need it and in an emergency you're not going to shop around for better prices.

The healthcare market is a vast and complex landscape, with a wide range of products and services available to consumers. From basic medical care to more specialized treatments and services, there is a wide range of options available to meet the needs of patients.

With so many choices available, it can be difficult to know where to start when looking for healthcare services. However, by understanding the different types of healthcare providers and the services they offer, consumers can narrow down their options and find the best provider to meet their needs.

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which of the following are correct statements about the internal rate of return (irr)? (check all that apply.) multiple select question. irr uses accrual income as the measurement basis. irr uses the time value of money. the higher the irr, the better. irr is expressed in dollars.

Answers

The best answer is to have a larger IRR since it represents the time worth of money.

What is the statistical rate?

Last but not least, a rate is an more broad measurement that involves dividing two values, neither of which must be the same units of measurement. It is capable of being equal to any integer, including a negative one. It can be stated as either a figure or a percentage, much like proportions.

What's the rate response?

A standard for measuring a call center's success is the answer rate. In a business setting, it is defined as ratio of inquiries answered to calls received.

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The complete question is-

Which of the following are correct statements about the internal rate of return? (Check all that apply.)

Multiple select questions.

(A) The higher the IRR, the better.

(B) IRR reflects the time value of money.

(C) IRR uses accrual income as the measurement basis.

(D) If a project has a positive NPV, then the IRR is less than the hurdle rate.

(E) IRR is expressed in dollars.

One restaurant you know of offers a "cash discount" and another charges a "credit card fee." even though you end up paying the same amount for your meals at both restaurants, you feel like the cash discount is a good deal and that the credit card fee is unjust. this is due to which decision making bias?

Answers

This is due to which decision-making bias is Framing Effects.

Decision-making is the process of making decisions by identifying decisions, gathering information, and evaluating alternative solutions. A step-by-step decision-making process helps you make more conscious and thoughtful decisions by organizing relevant information and defining alternatives.

By making good decisions, managers can show their employees that they value their work and have their best interests at heart. When managers take the time to evaluate, analyze, and explain their decisions, they also demonstrate prudence and reliability. Good decision-makers choose actions that result in the best outcomes for themselves and others. Enter the decision-making process with an open mind and do not allow your biases to influence you.

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what caused the growth of regulatory agencies around the transition from the nineteenth to the twentieth century?

Answers

Due to the excesses of the millionaires of the Gilded Age, many Americans demanded that the government control business and industry. As a result, a number of independent regulatory commissions emerged around the start of the 20th century.

When were regulatory agencies created?

The Department of the Interior was founded in 1849, the Department of Justice followed in 1870, and the Post Office Department was established in 1872 as a result of the country's growth and the increase of governmental responsibilities.

In response to complaints of the misuse of authority under the spoils system from the public, agencies started to create official operational standards and publish norms. For instance, the Patent Office started publishing its customs judgements in 1869 after the Treasury Department did so in 1868.

Independent regulatory commissions were first established between 1865 and 1900. These organizations were established by Congress to set prices and regulate industrial competition. The Interstate Commerce Commission was the first of these "economic regulatory authorities."

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after handling the accounts for a large restaurant for many years, it is discovered that quinn has slowly embezzled $300,000 into her own account. quinn says that she is a decent person but that she had fallen into difficult circumstances and was on the verge of losing her home. she had access to the restaurant's cash, which she used to make up the shortfall in her own account. what criminal theory does quinn's behavior fall under?

Answers

She was able to access the restaurant's cash because to differential opportunity theory, and she utilized it to replenish her own account. What kind of criminal theory would Quinn's conduct fit into?

What is the theory of differential identification?

the differential principle. According to identification theory, someone engages in criminal action to the level that they strongly identify with those whose perspective that behavior appears to be acceptable. -

What is the thesis of differential opportunity theory?

According to the differential opportunity theory, everyone has an equal chance of committing crimes, suggesting that a person's characteristics determine whether or not they turn into criminals.

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True or false: Managers have the decision option to reduce discretionary fixed costs during the annual budget planning process.

Answers

True: Managers have the selection choice to lessen discretionary constant expenses in the course of the yearly price range making plans method.

The required details for Annual budgets in given paragraph

An annual price range lays out a company's projected earnings and expenses for a 12-month period. The method of making an annual price range includes balancing out a business' re assets of earnings towards its expenses. In many instances, specially for non-people, an annual price range is extended to consist of a stability sheet and coins float statement. Annual budgets are utilized by people, corporations, governments, and different kinds of groups that want to preserve music of monetary activity. Annual budgets are taken into consideration to be balanced if projected expenses are same to projected sales. It is in deficit if expenses exceed sales, and it's far in surplus if sales exceed expenses.

Annual budgets can observe to both a economic or calendar yr. These budgets assist their creators to plot for the approaching yr and make the vital modifications to satisfy their monetary goals. Annual budgets assist people to better manipulate their money.

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*40 POINTS*
1. Other than discount stores, what other kinds of businesses tend to focus on price in their marketing mix? Explain why this is their focus.

2. Why do those who highlight place in the marketing mix need to consider the supply chain and other elements of product?

3. Explain the difference between a marketing mix and a promotional mix. Why is each important?

4. Why is participation such a key element of marketing? Give three examples of how a dry-cleaning business can create opportunities for participation.

5. Give an example of an advertisement that you have seen for a service and explain which of the 7Ps were emphasized. Next, explain how the strategy behind advertisements for products tend to be different and why.

Answers

Nordstrom is an example of  other kinds of businesses that tend to focus on price in their marketing mix and their focus are on:

Target affluent customers who are less price-sensitive.Pay attention to items with higher profit margins, such apparel, jewelry, and cosmetics.Some departments might function as premium specialty shops that have an emphasis on improved "atmospheres.

The reason that those who highlight place in the marketing mix need to consider the supply chain and other elements of product is that:

In order to maximize the flow of goods, supply chain management incorporates a variety of internally oriented financial and efficiency goals. Marketing channels  element place a high emphasis on a market view of customer expectations and market dynamics.

What is the difference between a marketing mix and a promotional mix?

The emphasis of the marketing mix is on selling and promoting the good or service. Promotion Mix focuses on strategies to reach their target audience and influence them to buy the brand's goods. The marketing mix is more comprehensive.

Promotion Mix has a considerably more constrained scope because it is a component of Marketing Mix.

Participation is a key element of marketing because  Engaging your consumers will aid in the improvement of your goods and services. Based on the most urgent requirements of your target market, you can adjust and keep increasing the visibility of your company.

Therefore, one can say that Every component of your marketing mix can be governed by the 7Ps of marketing. To make sure you're conveying a clear and consistent message about your business and brand, you should take into account all factors, including product, price, place, promotion, people, procedure, as well as tangible evidence.

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Acquiring new customers is inexpensive.
True
False

Answers

False.

One of the core challenges for a small business is customer acquisition. You need new customers to stay in business and keep growing, but it can take resources and be expensive. In just the last five years, the cost to acquire customers has gone up 50%.

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what is the additional cost to the firm when the monopolist lowers the price from $18 to $12? a. $40 b. $15 c. the firm saves $15. d. $30

Answers

The additional cost to the firm when the monopolist lowers the price from $18 to $12 will be $40.

What do you know about Monopolists?

A monopolist is an individual, group, or company that dominates and controls a specific market for a good or service.

Because there is no competition and no substitute goods or services, the monopolist has enough market power to charge high prices.

While being the sole or dominant player in a sector is not illegal in and of itself, government sanctions may be imposed if the monopolist's behaviour begins to severely limit the free market.

The federal government of the United States regulates unfair competition by enforcing antitrust laws, which limit monopolies and protect consumers from predatory business practises.

So, The required answer is $40.

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how is your purchase of a $40,000 bmw automobile that was produced entirely in germany recorded in the us gdp accounts

Answers

$40,000 bmw automobile that was produced entirely in germany recorded in the us gdp accounts by  consumption increases by 40,000 and net exports decrease by 40,000

What is gdp ?The phrase "gross domestic product" is used to estimate the market value of all final products and services produced and sold (not resold) by nations within a specific time period in dollars (GDP). Due to the measurement's complexity and subjectivity, it must be repeatedly adjusted before it can be considered a reliable indicator. In contrast to nominal GDP, which is better for comparing national economies on the international market, utilising GDP per capita at purchasing power parity (PPP) may be more beneficial for comparing living standards between nations. However, differences in the cost of living and inflation rates of the nations are not reflected in GDP (nominal) per capita. It's also possible to calculate how much each sector or industry contributes to overall GDP.

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Although the initial cost of capital may be greater with local borrowing, it may be better to borrow locally if the.

Answers

Answer:

local currency is expected to depreciate on the foreign exchange market.

Explanation:

Although the initial cost of capital may be greater with local borrowing, it may be better to borrow locally if the local currency is expected to depreciate on the foreign exchange market

Jennifer wants to borrow $20,000. Her bank offers a 7. 1% interest rate. She can afford $500 a month for loan payments. What should be the length of her loan to the nearest tenth of a year?.

Answers

The length of her loan to the nearest tenth of a year is 4.2 years.

Why do you pay interest first on a loan?

You owe more interest at first because your loan balance is still high. So the majority of your monthly payment goes toward interest, with a small portion going toward principal repayment. As you pay down the principal, your monthly interest payments decrease as your loan balance decreases.

Given

Loan Amount = $20,000

Rate = 7.1 %

EMI = 500 per month

Required to calculate =Time for repayment of the loan.

20000(.071)t ≤ 500(12)

1420t ≤ 6000

t = 4.2

Thus, Jennifer loan length is 4.2 Years.

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True or false: It is always profitable for a company to expand internationally when it has the means to do so.
True
False

Answers

It is always profitable for a company to expand internationally when it has the means to do so. ---   False

What is global expansion?

Global expansion is the process by which a company expands its business from one market of his (often called the home market) to a foreign market (often called the target market).

What strategies do you have to grow your business?

One of the best strategies for growing your business is starting a franchise. This is the process of starting a business in different locations and willingly putting money and energy into it.

Which method should be used for international deployment?

Exporting is the standard international deployment method. This includes marketing and direct sales of domestically manufactured products to foreign markets. Exporting is one of the most established and traditional methods of international expansion. It is not necessary to have a production facility in the target country.

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Other Questions
Last month, Lucy and Britney each read three books. The tables show the number of pages in each book and the time it took Lucy and Britney to read each book. Which of the tables, if any, represent a proportional relationship? Responses Evaluate 16 (2 + 1/2 ) A) 2 14/25B) 4 1/4 C) 6 2/5 D) 8 1/4 1.) Unevenly torqued lug nuts could result in:A. vibration while braking.B. brake squeal.C. premature brake pad wear.D. pull to one side when braking. Writers of hit songs tend not to write music for commercials because advertising doesn't pay well and it would sully their reputations. a. Trueb. False Ella compr los zapatos______$10O paraO por Which are accurate descriptions of the English colonies in North America?Choose TWO.Select 2 correct answer(s)1.The Puritans in Massachusetts Bay were committed to the idea of religious toleration and welcomed all religions to their colony.2.William Bradford and William Brewster saw North America as a land where they could practice their religion freely. 3.Captain John Smith became the leader of Jamestown and set up strict rules for settlers to follow.4.The king granted Massachusetts Bay Company a self-government charter because Enlightenment thinkers convinced him that it was a natural right. Suppose you have two options from which to choose a pay raise for each of the next two years.Option A: You received a $6,000 raise in year 1 and then 4% raise in year 2.Option B: You receive a 4% raise for 1 year and then a $6,000 raise in year 2.Which option will result in you making more money? Explain. Write an equation for the nth term of the sequence 12, 5, -2, -9,... All of the following points about E. coli 0157:H7 are true EXCEPT thatinfection can be serious but is not known to cause deaths.it can be contracted from various foods.a typical symptom of infection is diarrhea.it is a bacterial disease. Which statement accurately describes the relationship between cash crops and enslaved workers?A:Cash crops provided many enslaved workers with money to purchase their freedom. B: In order to make cash crops profitable, farmers sought to reduce the number of enslaved workers.C: Cash crops were labor intensive, so they were grown on large plantations that used many enslaved workers. D: In general, cash crops were grown on small family farms with only a few enslaved workers. How to ignore people who doesn't care for you ? The invention of the potters wheel changed the world of pottery. Which one of these changes was MOST LIKELY a result of the potters wheel? A. It decreased the production of clay vessels. B. It enabled artists to create more decorative elements on the vessels. C. It made it difficult for people to create pottery as their job. D. It assisted in the building of large stone monuments such as dolmens. How many liters of carbon dioxide are produced in the combustion of 1.00 g of octane, C8H18? 2C8H18 + 25O2 --> 16CO2 + 18H2O As discussed in the textbook, a psychology study conducted in the 1970s compared men raised in the northern part of the United States to men raised in the South. When a confederate in the study was verbally aggressive, southern men responded byexhibiting increases in cortisol and testosterone Which of the following provides the best summary of the process of naturalselection? A. Mutations help an individual survive and reproduce. B. Individuals pass on their best traits to their offspring. C. Well-adapted individuals survive and reproduce.D. Population sizes increase with every generation. write any two utilities of the radiation obtained from nuclear reaction a nurse is accompanying a client to the mall to do some shopping. a neighbor of the nurse approaches and tries to engage the nurse in conversation. what would be the most appropriate response by the nurse to the neighbor? is 0.25 L less than or greater than 2,500 ML 3. Given that x = 3 and y = 4, find the value of the followingexpression (3x + 4y)^2 + (8x + 7y) + 24xy 8/3x+1/3x=3 1/3+ 7/3xfind value of x