Superior developers sells lots for residential development. when lots are sold, superior recognizes income for financial reporting purposes in the year of the sale. for some lots, superior recognizes income for tax purposes when collected. in the prior year, income recognized for financial reporting purposes for lots sold this way was $30 million, which would be collected equally over the next two years. the enacted tax rate was 35%. this year, a new tax law was enacted, revising the tax rate from 35% to 30% beginning next year. calculate the amount by which superior should reduce its deferred tax liability this year

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?

Match the steps for conducting an informational interview with the tasks in each step.

Under t, the point (0,2) gets mapped to (3,0). t-1 (x,y) →