True or False: Increasing the number of stocks in a portfolio reduces market risk. True False Consider two stock portfolios. Portfolio Y consists of four different stocks from firms in different industries. Portfolio X consists of 10 different stocks, also from firms in different industries. The return on Portfolio Y is likely to be volatile than that of Portfolio X. Suppose a stock analyst recommends buying stock in the following companies: Company Industry Toyonda Automotive Saalvo Automotive GMW Automotive Honsubishi Automotive Shexxon Oil and gas Mobron Oil and gas Airing Aircraft Boebus Aircraft Goohoo Technology Pherk Pharmaceutical Each of the following portfolios contains four of the stock picks. Which portfolio is the least diversified

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?

Which investment has the liquidity and can be converted into cash easily?

Like fuel, air, and heat come together to make fire, the likelihood of fraud increases when the three elements of the fraud triangle come together. analyze how the three elements of the fraud triangle are important and how all three elements were present in helen’s case.