risk unique to firms with direct investment in a foreign country is the potential takeover of the firm's assets by the government of that country. This takeover is called a(n)

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Answer 1

This takeover is called an expropriation.

What is expropriation?Expropriation is the governmental seizure of property or the modification of existing private property rights, usually for the benefit of the public.The potential takeover of a firm's assets by the government of a foreign country is a risk peculiar to enterprises having direct involvement in that country.What are the firm's assets?A company's assets are reflected on its balance sheet. They are purchased or created in order to raise the worth of a company or to boost its operations. An asset is anything that can generate cash flow, lower expenses, or increase sales, whether it's manufacturing equipment or a patent.

As the definition says, the potential takeover of a firm's assets by the government of a foreign country is a risk peculiar to enterprises having direct involvement in that country.

Therefore, this takeover is called a(n) expropriation.

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Related Questions

Which statement is TRUE regarding gross living area (GLA) in an exterior-only inspection appraisal for Fannie Mae

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The appraiser must identify the data source for the GLA.

Is TRUE regarding gross living area (GLA) in an exterior-only inspection appraisal for Fannie Mae

Property valuation, property valuation, or land valuation is the process of creating a property valuation (usually market value). Real estate transactions are traded daily and, in contrast to corporate stocks that are identical, are infrequent and each property is unique (especially its condition, an important factor in valuation) and may require the valuation.

The location also plays a decisive role in the evaluation. However, real estate cannot be relocated, so it is often the upgrade or improvement of a home that can change its value. Evaluation reports are the basis for mortgages, real estate planning, divorce, taxation, and more. Valuation reports are sometimes used to set the sale price of a property.

In addition to various compulsory education levels from finance to civil engineering, most, if not all, countries require appraisers to be licensed to practice.

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Ted and Carol want to buy a house that is listed for $105,000. The seller accepts the offer they wrote for $5,000 less than list price. They have a 2.091.

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The monthly PITI payment will be $618.90.

How to calculate the payment?

Price of property after discount = 105000 – 5000 = $100000

Loan amount = 80% of the price after discount = $80000

Monthly interest rate R = 5.5%/12 = .458%

Let, the monthly payment (without tax and insurance) = EMI

Time (n) = 360 months (30 years)

Then,

80000 = EMI*(1-1/(1+R)^360)/R = EMI*(1-1/1.00458^360)/.00458

80000 = EMI*176.1996

EMI = 80000/176.1996

EMI = $454.03

Final PITI EMI = EMI + monthly tax + monthly insurance

Final PITI EMI = 454.03 + 1494/12 + 480/12

Final PITI EMI = 618.90

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If the balance on goods is --$816 billion and the balance on services is $107 billion, what is the balance of goods and services in the current account?

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If the balance on goods is --$816 billion and the balance on services is $107 billion, what is the balance of goods and services in the current account will : increase by $709 billion.

Balance of goods and services in the current account

Using this formula

Balance of goods and services= Balance on goods +Balance on services

Where:

Balance on goods= --$816 billion

Balance on services =$107 billion

Let plug in the formula

Balance of goods and services= --$816 billion +$107 billion

Balance of goods and services=  $709 billion Increase

Therefore If the balance on goods is --$816 billion and the balance on services is $107 billion, what is the balance of goods and services in the current account will : increase by $709 billion.

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When sales agent jane first contacted john, after her three-month vacation to barbados, was seller john her client?

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If  sales agent jane first contacted john, after her three-month vacation to barbados. No, seller john  was not her client?

Who is a sales agent?

A sales agent can be defined as someone whose sole responsibility is to sell product to potential customers and to as well market product to buyer.

Hence, seller John is not her client based on the fact that both John and Jane did not agreed on any agency relationship terms and agreement.

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Answer:Yes. Jane was negligent in the process she used to arrive at a list price.

Explanation:

The answer is yes. Jane was negligent in the process she used to arrive at a list price. She did use her list of already sold properties as comparables to arrive at a price for the listing for John's home. However, she completely failed to do the following: 1) research the statistics on properties that were previously listed but did not sell (expired listings); 2) research the statistics on properties currently on the market; and 3) use comparables of properties sold during the three-month period she was on vacation.

What is the after-tax cost of debt for a firm with pre-tax cost of debt equal to 10% and a tax rate of 40%?.

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The after-tax cost of debt for a firm with a pre-tax cost of debt is equal to 10% and a tax rate of 40% is 6%.

How Much Does Debt Cost?

The effective interest rate that a business pays on its debts, such as bonds and loans, is known as the cost of debt. The cost of debt may be expressed as either the before-tax cost of debt, which is the amount owed by the business before taxes, or the after-tax cost of debt. The fact that interest expenses are tax deductible accounts for the majority of the difference between the cost of debt before and after taxes.

How is the after-tax cost of debt determined?

The initial cost of debt is the first cost of debt with the impact of the additional income tax rate taken into account. It is calculated by deducting the company's incremental tax rate from 100% and multiplying the result by the debt's interest rate. The equation is:

Debt service costs before taxes (100 percent - incremental tax rate)

= Debt's after-tax cost

Calculation:

10% * (100% - 40%)

= 6%

Therefore, the after-tax cost of debt for a firm with a pre-tax cost of debt is equal to 10% and a tax rate of 40% is 6%.

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A division reports the following figures: Sales = $14,000; Net income = $2,800; Average assets = $28,000. The division's profit margin is

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The division's profit margin is 0.20.

What is the profit margin?

Profit margin is an example of a profitability ratio. Profitability ratios measures the efficiency with which a company generates profit from its asset

Profit margin = gross profit /  sales

2800 / 14,000 = 0.20

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The product alternatives a customer knows about are referred to as the?

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The product alternatives a customer knows about are referred to as the evoked set.

An evoked set is defined as the brands that come to a consumer's mind when the consumer feels need  for any product or service . These brands are generally considered as acceptable brands which are based on the consumer’s perception about their products, and their brand equity with the consumers.

The evoked set can  also include both the  brands that the consumer has purchased  before, also the  brands which they’ve never purchased from the company.

It is very important to be a part of a customer’s evoked set because -brands which are a part of the consumer's evoked set generally have an opportunity to earn them as a customer or a repeated customer. It is mostly critical situation  that  when brands earn this status for their target audience, as it is a necessity to sell their product or service.

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In a situation where the seller negotiates a contract contingent upon being able to find a new home to purchase, who needs to be protected

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The buyer needs to be protected. In a situation where the seller negotiates a contract contingent upon being able to find a new home to purchase.

A "contingent agreement" is a settlement to do or now not to do something, if some event, collateral to such settlement, does or does now not show up. example. A contract to pay B Taka 10,000 if B's residence is burnt. this is a contingent agreement. Enforcement of contracts contingent on an occasion taking place.

A contingent settlement is an agreement that states which actions under sure conditions will result in specific outcomes. Contingent contracts usually arise while negotiating events fail to attain a settlement.

In simple words, contingent contracts, are those in which the promisor carries out his obligation simplest whilst sure situations are met. The contracts of insurance, indemnity and assurance are some examples of contingent contracts.

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he only stable isotope of fluorine is F. What type of radioactivity would you expect from the isotope F, which has one fewer neutron

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The only stable isotope of fluorine is F is F¹⁹which has one fewer neutron and displays β + decay of radioactivity

What is Beta decay (β+ decay)?

In nuclear physics, beta decay, also known as β-decay, is a type of radioactive decay in which an atomic nucleus emits a beta particle (a fast energetic electron or positron), which changes the original nuclide into an isobar of that nuclide.For instance, in so-called positron emission, a proton is transformed into a neutron by the emission of a positron along with a neutrino, while in beta decay a neutron is transformed into a proton by the emission of an electron along with an antineutrino.Prior to beta decay, neither the beta particle nor the associated (anti-)neutrino are present in the nucleus; instead, they are produced during the decay process. This procedure gives unstable atoms a protons-to-neutrons ratio that is more stable.

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The par value of common stock must always be equal to its market value on the date the stock is issued.

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TRUE, the par value of the common stock must always be equal to its market value on the date the stock is issued

The par value of the common stock must always equal the market price on the date the stock was issued. The issuance of common stock affects both paid-in capital and retained earnings. If the preferred stock has a par value of $50 and the dividend is estimated at 8%, the dividend per share will be $4.

Par value is the value of one share of common stock as set forth in the company's articles of incorporation. It usually has nothing to do with the actual value of the stock. In reality it is often lower. Share certificates issued against the shares purchased show the par value. When approving shares, the company can choose whether to assign a par value.

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Suppose that an MBA degree creates no externality because the benefits of an MBA are captured by the student in the form of higher wages. If the government offers subsidies for MBAs, then which of the following statements is correct

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The statement is TRUE.

Suppose that an MBA degree creates no externality because the benefits of an MBA are captured by the student in the form of higher wages. If the government offers subsidies for MBAs. The equilibrium quantity of MBAs will be greater than the socially optimal quantity of MBAs.

MBA socially optimal quantity?

The equilibrium quantity of MBAs will equal the socially optimal quantity of MBAs.

The condition that exists when the market is in equilibrium, or when Social Marginal Cost equals Social Marginal Benefit, is known as a social optimality condition in economics. Normally, the social optimality criterion is satisfied in the absence of externalities. When externalities are absent, equilibrium is reached and there is no market failure.

In this case, it is made very apparent that there are no externalities because the advantages of having an MBA solely increase the income of their owners. If there are no externalities, then the market for MBAs is in equilibrium If the government finances MBA programs, possibly through lower taxes, then only MBA holders will profit and others without an MBA will not. This suggests that the MBA market's equilibrium amount is higher than the socially optimal quantity since one sector of the economy (the MBA market) benefits more than the rest of the economy (equilibrium for the rest of the economy).

The statement is therefore, TRUE.

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An example of a financing activity is:

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Borrowing and repaying short term loans.

Explain the public attitude the dealers had toward kino and his ""pearl of the world""? why was it different than their private attitude (what they thought behind kino’s back)?

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The public attitude the dealers had toward Kino and his "pearl of the world" was that, in public, the dealers said the color was off and because it was so large no one would buy it.

The pearl dealer inspects the pearl and tells Kino that his pearl is like fool's gold, as it is too large and valuable only as a curiosity. So, none of the dealers make an offer to buy the pearl.

The dealers believed that Kino would not know any better and would believe the lies they were telling him about his "monstrosity of a pearl". Their private attitude was different as they wanted to pay less for it.

Hence, the public attitude was different than the private attitude.

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The types of societies most likely to recognize women’s economic and reproductive contributions, as well as be more egalitarian in terms of gender relations, are:________

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Foraging and horticultural societies are most likely to recognize women’s economic and reproductive contributions, as well as be more egalitarian in terms of gender relations. These groups could be local, regional, national, or even global. They are also grouped together.

People who lived in foraging communities lacked a reliable supply of sustenance. They relied on nature since they hunted and collected food. This method of obtaining food had a number of social repercussions. Gender equality was likely present since both men and women were actively seeking food. A group dedicated to the research and cultivation of cultivated plants is known as horticultural societies.

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Assuming that prices rise over time, which inventory cost flow assumption will result in the lowest pretax income?

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Assuming that prices rise over time, the inventory cost flow assumption that will result in the lowest pretax income is "first in, first out" (FIFO).

FIFO stands for "first in, first out" and assumes the first items entered into your inventory are the first ones you sell. FIFO inventory costing method is used for cost flow assumption purposes.

The FIFO method assumes that the oldest products in a company's inventory have been sold first. Theus, the costs paid for those oldest products are the ones used in the calculation.

Pretax earnings is a company's income after all the operating expenses have been deducted from total sales or revenues.

Hence, the inventory cost flow assumption that results in the lowest pretax income is "first in, first out" (FIFO).

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If you were a security professional in a company, what are four roles (two sets of two related roles) you would separate and why?

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A high-risk transaction refers to transactions that have a high chance that they can lead to losses when a threat occurs and the impact of such loss would be huge.

A good example is when payroll raises approval without enough consideration of the company's revenue structure. This could lead to the company suffering losses.

Separation of duties is important. Below is an example of roles that should be separated:

System configuration and approvals

An IT engineer typically does the configurations and changes to IT devices such as firewalls and intrusion detection systems. However, the chief information security officer is in charge of approving the changes or disapproving them if they do not meet the company recommendations

System Access Permissions

An administrator has to add and edit permissions while a security analyst can only report and do a monitoring role on security incidents that escalate for action to be taken.

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Which of the following is(are) used to capture specified transaction data in an aggregated and summarized form that enables users to analyze the data as needed. Group of answer choices Reporting Evaluating Information Structures Period Definition Online Analytic Processing (OLAP)

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Information Structures are used to capture specified transaction data in an aggregated and summarized form that enables users to analyze the data as needed.

What is Information Structures?

An information structure viewpoint outlines the data types or information elements that make up the structure of the information used throughout the organization or in a particular business process or application.

From the business level, through the application level, and down to the infrastructure pieces that implement databases and other permanent storage, it will help visualize the information.

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The medical assistant should let Ms. Rainwater know only three visits have been approved by the insurance company to see Dr. Bronchi.

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The main reasons for Ms. Rainwater's visit to the office is to see the chief on complaint as New patient.

Which scenario depicts a new patient visit?

This refers to a patient who has not been in the office for more than three years.

Most time, when scheduling a new patient, the MA may ask the patient to arrive 15 minutes prior to their scheduled appointment.

Also, it is a norm that medical assistant should let Ms. Rainwater know only three visits have been approved by the insurance company to see Dr. Bronchi.

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An employee survey at a company indicates that many employees are unhappy with the retirement plan

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An employee survey is designed to get valuable feedback from employees to help implement changes that create a greater employee experience.

The goal of an employee survey is to gather insightful comments from staff members to aid in the implementation of improvements that improve the employee experience. These surveys eventually assist HR in developing strategies and planning efforts that boost retention and engagement among staff members, which may result in a more successful firm.

Employee Survey's attitudes towards management are intended to reveal these feelings. The management can learn what employees are thinking and feeling about brand-new changes to the organization by using sentiment analysis.

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Diversity of the planning group: A. Requires the group leader to control of decision making and action planning. B. Makes it difficult to identify shared goals. C. Often results in more comprehensive and creative planning. D. Creates an obstacle to gaining community acceptance of the plan.

Answers

Option C. Diversity of the planning group: Often results in more comprehensive and creative planning.

What is diversity?

This is the term that is used to refer to a group that is made up of people that are from different cultures, areas and fields.

In such a group there is the tendency for creativity if they are able to work together and share ideas.

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Which factors should be considered in the process of determining an advertising budget?

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Factors that need to be considered while determining an advertising budget are:

Type of media to be used and its frequency too. Frequency means how many times the advertisement will be shown over the media.

Market share of the product. It means to capture the highest number of customers in the market by making the product unique.

Life cycle stage of the product. It is the time that has been spent after the launch of the product. Suppose if the company is a new comer then the advertisement budget of the company must be high.

Competition and clutter. It is the number of competitors that any product or company can have. More the competitors more should be the advertisement budget.

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What strategic role has emerged as critical in recent years in large organizations due to cyber attacks

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Chief Security Officer's strategic role has emerged as critical in recent years in large organizations due to cyber attacks.

Who is Chief Security Officer?

A C-suite executive known as a Chief Security Officer (CSO) is in charge of the physical and electronic security of a corporation. The CSO manages risk identification, assessment, and prioritization while also providing executive leadership and guiding all organizational security-related initiatives.

What are the skills of chief security?

A track record of designing security protocols and processes for both physical and digital environments. Strong interpersonal and communication abilities, outstanding managerial abilities and the capacity to serve as a team leader, information management systems expertise and cybersecurity knowledge.

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Management is about successfully administering the many complex details involved in a business’s operations. leadership is about?

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leadership is about establishing a direction and influencing others to follow.

Controlling a group or a collection of entities in order to achieve a goal is what management entails. The ability to persuade, inspire, and empower others to contribute to the success of an organization is referred to as leadership.

Leadership is primarily a component of management's directing function, which focuses on the planning, organizing, staffing, directing, and controlling aspects of an enterprise. Focus is placed on listening, developing relationships, fostering teamwork, and inspiring, motivating, and influencing the followers.

The fact that management simply needs to be concerned with accountability for things, whereas leadership must always entail (leading) a group of people, is a significant distinction between the two that is frequently neglected.

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The cost object(s) of the activity-based costing method is(are)?

Answers

Answer: The production activities in the first stage and the unit of product in the second stage.

Explanation:

Which one of these is a disadvantage of the corporate form of business? multiple choice access to capital unlimited personal liability for owners limited firm life legal requirements

Answers

Double taxation to shareholders of distributed earnings and dividends, is a disadvantage of the corporate form of business.

Due to the movement of funds from the corporation to the shareholders when a company chooses to pay out dividends, the government taxes the earnings twice.

The business is first taxed at year's end when it is required to pay taxes on its profits. When the shareholders get dividend payments from the business's post-tax profits, a second tax is levied.

The shareholders pay taxes twice: once as owners of a business that generates profits and once as individuals who are required to pay income taxes on their individual dividend income.

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An arrangement of a continuing commercial relationship for the right to operate a business pursuant to the franchisor's trade name or to sell the seller's branded goods is a(n):

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Those who receive a franchise are referred to as franchisees.

Sale of a franchise

A franchise can be sold if a person agrees to buy, license, or otherwise acquire a franchise from a franchise seller. Unless the new agreement has terms and conditions that fundamentally change from the original agreement, it excludes extending or renewing an existing franchise agreement where there has been no interruption in the franchisee's operation of the business. Additionally, it excludes situations in which a current franchisee transfers a franchise to a new franchisee without the franchisor having any meaningful participation. The mere acceptance or rejection of a transfer by a franchisor is not regarded as significant engagement.

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When interest rates on treasury bills and other financial assets are low, the opportunity cost of holding money is _________, so the quantity of money demanded will be _________.

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When interest rates on treasury bills and other financial assets are low, the opportunity cost of holding money is low so the quantity of money demanded will be high.

If interest rates go up, the demand for money will go down. Once it equals the new money supply, there will be no more difference between how much money people are holding and how much they want to keep, and the story is over. This is why (and how) a decline in the money supply raises interest rates.

As interest rates rise, the amount of money demanded decreases because the opportunity cost of holding money decreases. As interest rates rise, aggregate demand shifts to the left. The interest rate effect arises from the idea that higher price levels reduce the real value of household holdings.

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Purchasing professionals need to ________ and ________ in order to find the right supplier.

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Answer is  tough question and homework.

The purchasing professional is concerned with ensuring that his or her purchasing actions complement the strategic goals of the firm. The ordinary shopper concentrates on tactical purchases, or just purchasing what is directed to him or her. Self-development is a second factor that separates the purchasing professional. The purchasing professional is always looking for ways to further his or her career by attending training seminars, continuing post-secondary education, reading, and benchmarking the methods of world-class purchasing companies.

The usual buyer would do little more than attend mandated training provided by his or her company. Supplier ties are a third consideration. The buying professional tries to form alliances with world-class suppliers who offer competitive pricing, exceptional quality systems, on-time delivery, and customer centricity.

Therefore, the blank is to be filled by tough question and homework

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Purchasing experts want to difficult query and homework so that you can find the right provider.

Purchasing professionals and shoppers do not forget rate, high-quality, availability, reliability, and technical support whilst choosing providers and products. buyers and buying retailers purchase products and services for businesses to apply or resell. They examine suppliers, negotiate contracts, and overview the first-rate of products.

The certified shopping professional (CPP) software is for experts who've established the skills to successfully enforce advanced purchasing and deliver chain practices as part of a business answer in an enterprise.

The 4 primary roles of procurement:

objective 1: support Operational necessities.objective 2: manipulate the Procurement manner and the supply Base correctly and efficaciously.objective 3: expand sturdy Relationships with different practical companies.objective four: support Organizational desires and goals.

       Case examine.

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A buyer is closing with a purchase price of $232,000 and a down payment of 10%. He will pay the doc stamps on the note and the intangible tax on the mortgage. What are the transfer tax charges to the buyer

Answers

The transfer tax charges $731 for the note;  the intangible tax is $417.60 for the mortgage.

The sale price is a commission to the buyer and a credit to the seller (the seller receives the sale price minus the closing or commission, and the buyer subtracts the deposit and loan adjustments from the sale price. Pay.)

State of Intangible Assets Mortgage tax is paid only on all new mortgages. This is calculated at a rate of 2 mils ($ 0.002) for the total amount of the new mortgage. No intangible tax will be paid if a mortgage is set up or if ownership of the property is considered "subject" to the mortgage.

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Which shock can the fed deal with most effectively?

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A major oil shock can the fed deal with most effectively.

It is accompanied by an oil crisis, a sudden rise in oil prices, and often a decline in supply. Since oil is a major source of energy for industrialized countries, the oil crisis can threaten the economic and political stability of the global economy as a whole.

In the aftermath of World War II, there were two major oil crises. Oil exports to the United States, Japan, and Western Europe, which consume more than half of the world's energy, are also banned.

The OPEC decision was in retaliation for Western support for Israel against Egypt and Syria during the Yom Kippur War (1973), and the US dollar (the currency used to sell oil) that caused the dollar to undermine OPEC's export revenues. It was done in response to the sustained decline in the.

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can you ans please ????????????????????????????????????????? why was the hebrew old testament expanded into four sections when it was translated into greek by the jews of alexandria, egypt? PHP is whitespace insensitive. It doesn't matter how many whitespace characters you have in a row. One whitespace character is the same as many such characters. True False A sample of air from a home is found to contain 4.3 ppm of carbon monoxide. This means that if the total pressure is 735 torr, then the partial pressure of CO is ________ torr.3.2 ? 10^31.7 ? 1083.25.9 ? 1033.2 ? 10^-3 if 500 additional storage space and 11 less rental limit were available, the maximum profit will be $3,890 and the optimal solution will change.T/F provide one concluding statement and two recommendations on the issue if human rights violation to communities You believe that there might be a curvilinear relation between ball inflation and accuracy. In order to test that, you estimate several models. Based on the output below, you would define the Afinal population regression equation as: t Stat p-level 0.000 Intercept Inflation 81.311 Intercept Inflation Inflation Coefficients Standard Error MODEL A 29.109 1.382 -1.181 MODEL B 50.296 0.619 -4.941 0.102 0.150 0.004 MODEL C 51.756 1.231 -5.354 0.319 0.185 0.026 -0.001 0.001 0.000 0.000 0.000 Intercept Inflation Inflation Inflation 7.118 0.000 0.000 0.178 Select one: O a. Accuracy: = Bo + BlInflation; + B2Inflation? +B3Inflation + i O O b. Accuracyi = Bo + BiInflationi + Ei C. Accuracyi = bo +b Inflationi + b2Inflation d. Accuracyi = Bo + BiInflationi + B2Inflation + i e. Accuracyi = bo + b Inflationi O O of the four types of relationships identified by psychologist constance ahrons, _____ were those who had minimal contact with each other and who became bitter and angry when they did interact. at what velocity will a 300.w motor pull a mass if it applies a force of 13.9n Derive the state-variable equations for the system that is modeled by the following ODEs where {eq}\alpha, w,{/eq} and {eq}z{/eq} are the dynamic variable and {eq}v{/eq} is the input{eq}0.4 \dot \alpha-3w+\alpha=0 \\ 0.25 \dot z+4z-0.5zw=0 \\ \ddot w+6\dot w+0.3 w^3-2\alpha=8v{/eq} which change(s) in the gastrointestinal tract can contribute to reduced nutrient absorption? How do the poems of Longfellow and Lowell reflect romantic goals and writing? Use examples from the poems what would be the current in a solenoid, in amps, that is 1.0 m long, with 11,725 turns, that generates a magnetic field of 0.6 tesla? alculate the grxn using the following information. 2 hno3(aq) no(g) 3 no2(g) h2o(l) grxn = ? gf (kj/mol) -110.9 87.6 51.3 -237.1 whole blood collected for dna-typing purposes must be placed in a vacuum containing the preservative compensation practices of an integrated manufacturing firm usually include What was formed when biological material became trapped in a molecular bubble? "The District Court's assessment that all this evidence proved racial predominance clears the bar of clear error review. The court emphasized that the districting plan's own architects had repeatedly described the influx of African-Americans into District 12 as a . . . compliance measure, not a side-effect of political gerrymandering. And those contemporaneous descriptions comported with the court's credibility determinations about the trial testimonythat Watt told the truth when he recounted Rucho's resolve to hit a majority-BVAP target; and conversely that Hofeller skirted the truth (especially as to Guilford County) when he claimed to have followed only race-blind criteria in drawing district lines. We cannot disrespect such credibility judgments."-Associate Justice Elena Kagan, opinion of the Court in Cooper v. Harris, 2017Supporters of Kagan's view that a state cannot use race as a predominant factor in creating districts could cite which of the following cases as precedent? _____ electrode extension increases the resistance to the flow of current in the electrode and the current in the arc is _____. Do Programming Problem 2 from chapter 14 of the text. Start with the files that I am linking to below. (These are slightly modified versions of the files from chapter 14 of the text.) Your class should have a DEFAULT_CAPACITY constant and also a capacity data member. For submission purposes, set the DEFAULT_CAPACITY to 1. Your class should double the size of the array when an attempt is made to enqueue an item when the capacity is full. Your class should halve the size of the array when an item is dequeued if it causes the number of items to be half the capacity or less.