According to the clean surplus accounting, ending book value of equity equals beginning book value plus earnings.
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Q3: The assumption of the capital asset pricing
Q4: The efficient markets hypothesis refers to the
Q5: Economic profit is equal to net operating
Q6: . The calculation of residual income recognizes
Q7: The expected portfolio return decreases as risk
Q9: Economic income is equal to residual income.
Q10: According to portfolio theory, systematic risk can
Q11: In portfolio theory, systematic risk is defined
Q12: Residual income refers to income in excess
Q13: The underlying premise of the clean surplus
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