You own a portfolio with the following expected returns given the various states of the economy. What is the overall portfolio expected return? State of Economy Probability of State of Economy Returns if State Occurs Stock A Stock B Stock C Boom 50 30 20 10 Average 30 10 10 10 Recession 20 30 10 10 The expected return on the market portfolio is 12 and the US Treasury bill yields 2. The capital market is currently in equilibrium.

An electronics store is running a promotion where for every video game purchased, the customer receives a coupon upon checkout to purchase a second game at a 50% discount. the coupons expire in one year. the store normally recognized a gross profit margin of 40% of the selling price on video games. how would the store account for a purchase using the discount coupon?

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?

Danielle enjoys working as a certified public accountant (cpa) and assisting small businesses and individuals with managing their finances and taxes. which general area of accounting is her specialty? danielle specialized in