Dayton Corporation began the current year with a retained earnings balance of $17,669. During the year, the company corrected an error made in the prior year, which was a failure to record a depreciation expense of $3,103 on equipment. Also, during the current year, the company earned net income of $17,044 and declared cash dividends of $4,444. Compute the year-end retained earnings balance. a.$27,166 b.$17,669 c.$42,260 d.$30,269

Consider a treasury bill with a rate of return of 5% and the following risky securities: security a: e(r) = .15; variance = .0400 security b: e(r) = .10; variance = .0225 security c: e(r) = .12; variance = .1000 security d: e(r) = .13; variance = .0625 the investor must develop a complete portfolio by combining the risk-free asset with one of the securities mentioned above. the security the investor should choose as part of her complete portfolio to achieve the best cal would be a. security a b. security b c. security c d. security d