The expected return on MSFT next year is 12% with a standard deviation of 20%. The expected return on AAPL next year is 24% with a standard deviation of 30%. If James makes equal investments in MSFT and AAPL, what is the expected return on his portfolio

Indicate where the issuance of common stock for cash would appear, if at all, on the indirect statement of cash flows.

A. Investing activities section B. Operating activities section C. Financing activities section D. Does not represent a cash flow

Rent expense in Burr Company's income statement is $480,000. If Prepaid Rent was $120,000 on January 1 and is $95,000 on December 31, the cash paid for rent during the year is:

A. $480,000. B. $455,000. C. $360,000. D. $575,000.