1: which of the following statement is true regarding financial statement?

a, the differences between NI and taxable income is depreciation expense.

b, ceteris paribus, an increase in accounts payable represents in a source of funds for the corporation.

c, Total Assets is the sum of Current Assets and Accumulated Depreciation.

d, Cost of Goods Sold appears on the asset side of the balance sheet .

2: Which of the following statements is TRUE regarding CAPM?

a, This is a model for relating diversifiable risk to the expected return on a risky asset

b, The Beta for the market is always zero.

c, Ceteris paribus, stocks with lower betas should have higher prices.

d, There is an inverse relationship between market risk and required rates of return.