Which of the basic financial statements attempts to measure the earnings of the firm's operations over a given time period?

A) Balance sheet
B) Income statement
C) Cash flow statement
D) None of the above

B

Business

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When you speculate about the cause of a problem, you are forming a ________, a potential explanation that needs to be tested

A) hypothesis B) prospectus C) quandary D) supposition E) problem factor

Business

A portfolio manager is trying to balance investments between bonds, stocks and cash. The return on stocks is 12 percent, 9 percent on bonds, and 3 percent on cash

The total portfolio is $1 billion, and he or she must keep 10 percent in cash in accordance with company policy. The fund's prospectus promises that stocks cannot exceed 75 percent of the portfolio, and the ratio of stocks to bonds must equal two. Formulate this investment decision as a linear programming problem, defining fully your decision variables and then giving the objective function and constraints.

Business