Yes it is correct, your answer is correct.
Answer:
The costs incurred by the company is the same as the costs of good sold of the company-MNM&Co ,last year.
The costs of good sold=$830,556.01
Explanation:
The detailed computation is found in the excel file attached.
The four characteristics are:
U<span>tility, which means that the accumulated goods must be able to fulfill the needs of a certaion costumer
tangibility, The goods could be measured in some way
scarcity, The goods need to be gotten by doing a certain sacrifice
Transferab, the goods's ownership could move from one person to the other</span>
Answer:
0.74
Explanation:
According to CAPM ;
Required return = risk free rate + (beta x return on the market)
10.50% = 2.10% + beta x 11.40%
(10.50% - 2.10%) / 11.40% = beta
beta = 0.74