In a portfolio of three randomly selected stocks, which of the following could NOT be true, i. e., which statement is false? a. The beta of the portfolio is lower than the lowest of the three betas. b. The riskiness of the portfolio is less than the riskiness of each of the stocks if they were held in isolation. c. The beta of the portfolio is calculated as a weighted average of the individual stocks' betas. d. The beta of the portfolio is higher than the beta of one or two of the stocks in the portfolio. e. The riskiness of the portfolio is greater than the riskiness of one or two of the stocks.

Tiana daniels enterprise’s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000.  ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account.  iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620.  iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account.  v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books.    required: 1. prepare the journal entries to correct the errors.  (narrations required)                    14.5 marks  2.    prepare the suspense account showing clearly the original trial balance error.          8 marks

Which of the following would be an accurate statement about achieving a balanced budget

Afirm is producing at minimum average total cost with its current plant. draw the firm's long-run average cost curve. label it. draw a point on the lrac curve at which the firm cannot lower its average total cost. draw the firm's short-run average total cost curve that is consistent with the point you have drawn. label it.g