Answer:
can revoke the contract as informal verbal agreements are not binding
Explanation:
Since in the question it is mentioned that sherry would pay her $5,000 in the case when she runs marathon now once she starts running so here alan can revoke the contract legally as there is only verbal agreements not the written agreement also they are not binding to each other
So as per the given situation, the above statement should be considered
Answer: Modern portfolio theory takes this idea even further. It suggests that combining a stock portfolio that sits on the efficient frontier with a risk-free asset, the purchase of which is funded by borrowing, can actually increase returns beyond the efficient frontier.
Risk premium is defined as excess return over risk free rate by taking extra risk. A risk-free asset has zero risk, so risk premium on these assets is zero. As risk level of investment increases, risk premium on investment also increases.
The market risk premium is the difference between the expected return on a market portfolio and the risk-free rate. The market risk premium is equal to the slope of the security market line (SML), a graphical representation of the capital asset pricing model (CAPM). CAPM measures required rate of return on equity investments, and it is an important element of modern portfolio theory and discounted cash flow valuation.
Explanation:
Answer:
Number of meals = 100
Explanation:
The amount that the restaurant plan to spend on ads = $1000
The average selling price of meal = $10
The cost of food is = 30%
At breakeven, the total revenue is equal to total cost.
Total cost of advertsing = total revenue
So, the number of meals = $1000 / 10 = 100
The goal of the managers of a publicly owned company should be to maximize the firm’s common stock value.
<h3>
What is a publicly owned company?</h3>
- A public company, also known as a publicly traded company, publicly owned company, publicly listed company, or public limited company, is a company whose stock is freely listed on a stock exchange or in over-the-counter marketplaces.
- A public (publicly traded) company may or may not be listed on a stock exchange (listed company), which facilitates share trading (unlisted public company).
- Public companies of a certain size must be listed on an exchange in some jurisdictions.
- In most cases, public companies are private enterprises in the private sector, and the term "public" emphasizes their public market reporting and trading.
- A publicly traded company's managers should strive to maximize the firm's common stock value.
Therefore, the goal of the managers of a publicly owned company should be to maximize the firm’s common stock value.
Know more about the publicly owned companies here:
brainly.com/question/1361751
#SPJ4
