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In the absence of a risk-free rate,what is the minimum variance portfolio?
Balance Sheet
A financial statement that displays a company's financial position at a specific point in time, showing assets, liabilities, and equity.
Assets
Resources owned by a company that have economic value and can provide future benefits, such as cash, inventory, and property.
Deferred Revenue
Income a company has received for its products or services but has not yet earned, often considered a liability until the service is provided or product delivered.
Adjusted Trial Balance
a listing of all company accounts that will appear in the financial statements after adjustments have been made for errors, omissions, and accruals.
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