What is the difference between the income statement and balance sheet in regards to timing? b. what is wrong with this statement: “the clinic’s cash balance for 4.2 a. b. what is the implication of the accounting identity for the numbers 4.3 a. b. what are the three major categories of assets? 4.4 a. b. provide some examples of current assets. 4.5 a. on the balance sheet, what is the difference between long-term 4.6 a. b. what makes a liability a current liability? c. give some examples of current liabilities. d. what is the difference between long-term debt and notes payable? 4.7 a. explain the difference between the equity section of a not-for- 2015 was $150,000, while its net income on december 31, 2015, was $50,000.”

Anderson, a computer engineer, and spouse, who is unemployed, provide more than half of the support for their child, age 23, who is a full-time student and who earns $7,000. they also provide more than half of the support for their older child, age 33, who earns $2,000 during the year. how many dependents may the andersons claim on their joint tax return?

The total value of your portfolio is $10,000: $3,000 of it is invested in stock a and the remainder invested in stock b. stock a has a beta of 0.8; stock b has a beta of 1.2. the risk premium on the market portfolio is 8%; the risk-free rate is 2%. additional information on stocks a and b is provided below. return in each state state probability of state stock a stock b excellent 15% 15% 5% normal 50% 9% 7% poor 35% -15% 10% what are each stock’s expected return and the standard deviation? what are the expected return and the standard deviation of your portfolio? what is the beta of your portfolio? using capm, what is the expected return on the portfolio? given your answer above, would you buy, sell, or hold the portfolio?

Consider a treasury bill with a rate of return of 5% and the following risky securities: security a: e(r) = .15; variance = .0400 security b: e(r) = .10; variance = .0225 security c: e(r) = .12; variance = .1000 security d: e(r) = .13; variance = .0625 the investor must develop a complete portfolio by combining the risk-free asset with one of the securities mentioned above. the security the investor should choose as part of her complete portfolio to achieve the best cal would be a. security a b. security b c. security c d. security d