The 2013 annual report of dow chemical disclosed the following: deferred tax assets decreased by $1,503 million and deferred tax liabilities increased by $38 million. how do these balance-sheet changes affect tax expense on the income statement for the year? a) increase tax expense by $1,331 millionb) decrease tax expense by $1,331 millionc) increase tax expense by $1,541 milliond) decrease tax expense by $1,541 millione) none of the above

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

Popeye produces 20 cans of spinach in 8 hours. wimpy produces 15 hamburgers in 10 hours. if each hamburger trades for 1.5 cans of spinach, then: a.wimpy’s production and productivity are greater than popeye’s. b.popeye’s production is greater than wimpy’s, but his productivity is less. c.wimpy’s production is greater than popeye’s, but his productivity is less. d.popeye’s production and productivity are greater than wimpy’s.

Explain how can you avoid conflict by adjusting