Question 23 The cash flows used in capital budgeting calculations are based on 1pts forecasts of retained earnings available for fancing projects forecasts of net income forecasts of future cash revenues, expenses, and investment outlas historical estimates Question 24 1 pts The beta of Ricci Co.'s stock is 3.2, whereas the risk-free rate of return is 9 percent. If the expected return on the market is 18 percent, then what is the expected return on Ricci Co.? 57.60% 28.80N 48.60% 37.80% 1 pts Question 25 MacBook Air