Aseafood restaurant claims an increase of $ 1750 over its average profit during a week where it introduced a special of baked claims

a. $250 per day

b. $1,050 in a week

c. $70 daily loss

Step-by-step explanation:

The following questions are missing:

(a). If this is true, how much extra profit did it receive per day?

(b). If it had, instead, lost $150 per day, how much money would it have lost for the week?

(c). If its total loss was $490 for the week, what was its average daily change?

a. The week has 7 days, so if the restaurant had an increase of $ 1750 during a week, it had an increase of $ 1750/7 = $250 per day  

b. In a week they would lost $150*7 = $1050

c. Its average daily change was -$490/7 = -$70

what

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%