Answer: 13.1%
Explanation:
Using the Capital Asset Pricing Model, the expected return is;
Expected Return = Risk Free rate + beta(expected return - risk free rate)
= 4% + 1.3( 11% - 4%)
= 4% + 9.1%
Expected Return = 13.1%
The answer you are looking for is C. meet the needs and wants of the customer.
It is a formula containing arguments. This is because a function maps the domain to its range. Argument is synonymous to domain.
Hope this helps!
Purchases = Sales units + Closing inventory - Beginning Inventory
= 7,400 + (2,400 * 120%) - 2,400
= 7,800 units
