1) the net cash flows for each successive month in a cash budget are added together to give a) cumulative cash balance b) difference in expenditures c) total revenues d) cash disbursements 2) the process whereby a bank balance is compared with a check book balance is called a) carry forward b) transaction c) summation d) reconciliation 3) so so security payments are normally from an employees salary a) not taken b) with held c) exempted d)excluded 4) total costs are a function of fix costs and a) revenue b) overhead c) variable costs d) profit

x-3y=4

step-by-step e

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%