On january 1, year 2, lcj rental cars purchased a car that is to be used to produce rental income. the car cost $35,000. it has an expected useful life of five years and a $5,000 salvage value. the car produced rental income of $9,000 per year throughout its useful life. assume lcj started the year 2 accounting period with a beginning cash balance of $40,000.

a-1. prepare an income statement and a statement of cash flows for year 2.

a-2. prepare an income statement and a statement of cash flows for year 3.

a-3. prepare an income statement and a statement of cash flows for year 4.

b. determine the book value of the car for year 2, year 3, and year 4.

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.

(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?

Advertisers are usually very conscious of their audience. choose an issue of a popular magazine such as time, sports illustrated, vanity fair, rolling stone, or the like. from that issue select three advertisements to analyze. try to determine the audience being appealed to in each advertisement and analyze the appeals used to persuade buyers. how might the appeals differ is the ads were designed to persuade a different audience.