Suppose that two factors have been identified for the U. S. economy: the growth rate of industrial production, IP, and the inflation rate, INF. IP and INF are expected to be 3% and 5%, respectively. A stock with a beta of 1 on IP and 0.5 on INF currently is expected to provide a rate of return of 12%. If IP actually grows by 5%, while INF turns out to be 8%, what is your revised estimate of the expected rate of return on the stock

Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be: