A dress store owner bought merchandise totaling $5,000. The overhead on the mer-
chandise was $975. The merchandise sold
for $8,500. Find the percent of profit to the
nearest whole percent based on the selling
price.

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step-by-step explanation:

8

step-by-step explanation:

just put √(2) * √(32) into a calculator. that will make the answer be 8.

required rate of return = 0.166 = 16.6%

step-by-step explanation:

under the capital asset pricing model (capm), the required or expected rate of return for a particular security or asset is given using the formula:

required rate of return = risk-free rate + beta*(market risk premium)

we are given that;

risk-free rate = 4% = 0.04

beta = 1.4

market risk premium = 9% = 0.09

we simply plug these values into the above formula;

required rate of return = 0.04 + 1.4*(0.09)

required rate of return = 0.04 + 0.126

required rate of return = 0.166 = 16.6%

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