one of the five members of a company's board of directors was suspected of sleeping during a board meeting. It was known that only one board member had actually slept, but no one (except the five members) knew who it was. The company vice president questioned the members and they made the following the statements: Davis: The snoozer was either Rawls or Charlton. Rawls: Neither Vongy nor I was asleep. Charlton: Both Rawls and Davis are lying. Bobbins: Only one of Rawls or Davis is telling the truth. Vongy: Bobbins is a liar. When the board chairperson (she was not questioned) was consulted, she said that three of the board members always tell the truth and two of them always lie. Who slept in the meeting

Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable

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?

Penelope summers received certain income benefits in 2018. she received $1,400 of state unemployment insurance benefits, $2,000 from a federal unemployment trust fund and $3,700 workers’ compensation received for an occupational injury. what amount of the compensation must penelope include in her income