11. Company has the following data. What is the LONG TERM LIABILITY?

Current asset = 60,820

Fixed asset = 116,970

Retained earnings = 16,850

Common Stock = 120,870

Current liability = 20,840

Long Term liability = ?

15. What is the weight for STOCK B in the following investment? (4 decimals please)

Stock A: 500 shares, $20 each

Stock B: 1200 shares, $7 each

16. You have $8,600 invested in stock A and $4,400 invested in stock B. Stock A has an expected return of 21% and stock B has an expected return of 8%. Calculate the expected return of the portfolio (4 decimals please)

17. You have a portfolio that has an expected return of 8.16%. Your portfolio consists of stock A and stock B only. Stock A has an expected return of 12% and stock B has an expected return of 7%. What is the weight of Stock B? (4 decimals please)