Exhibit 57
Use the Information Below for the Following Problem(S)

question 59

Multiple Choice

Exhibit 5.7
Use the Information Below for the Following Problem(S)
$\begin{array}{cccccc} & \text { Number } &{\text { December 31, 2011 }} &&{\text { December 31, 2012 }} \\\text { Stock } & \text { of Shares } & \text { Price } & \text { Value } & \text { Price } & \text { Value } \\\hline \mathrm{A} & 5,000 & \$ 20 & \$ 100,000 & \$ 25 & \$ 125,000 \\\mathrm{~B} & 8,000 & \$ 40 & \$ 320,000 & \$ 42 & \$ 304,000 \\\mathrm{C} & 15,000 & \$ 10 & \$ 150.000 & \$ 15 & \$ 225,000\end{array}$
-Refer to Exhibit 5.7.What would be the total percentage change in an equally weighted portfolio of ABC?

• A) 13.33%
• B) 18.67%
• C) 23.41%
• D) 26.67%
• E) 36.83%

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Definitions:

Unearned Revenue

Income received by an entity for services or products yet to be delivered or performed.

Liabilities

Liabilities or amounts due by a corporation to third parties or people outside the organization.

Accrued Expense

An accounting term referring to expenses that have been incurred but not yet paid, representing liabilities on a company's balance sheet.

Income Taxes

Taxes levied by the government on income generated by businesses and individuals within their jurisdiction.