Which of the following expense accounts is associated with natural resources??

a. Depreciation expense.
b. Amortization expense.
c. Depletion expense.
d. Capitalization expense.

c

Business

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Which of the following is true of a voluntary petition?

A) It is filed by a debtor under Chapter 15. B) It involves a creditor placing a debtor in bankruptcy. C) Those who sign the voluntary petition must have unsecured claims of at least $12,300 in the aggregate. D) The petition must clearly state the debts of a debtor.

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You are going to add one of the following three projects to your already well-diversified portfolio

PROJECT 1 PROJECT 2 Probability Return Standard Deviation Beta Probability Return Standard Deviation Beta 50% Chance 22% 12% 1.1 30% Chance 36% 19.5% 0.8 50% Chance -4% 40% Chance 10.5% 30% Chance -20% PROJECT 3 Probability Return Standard Deviation Beta 10% Chance 28% 12% 2.0 70% Chance 18% 20% Chance -8% Assume the risk-free rate of return is 2% and the market risk premium is 8%. If you are a risk averse investor, which project should you choose? A) Project 1 B) Project 2 C) Project 3 D) Either Project 2 or Project 3 because the higher expected return on project 3 offsets its higher risk

Business