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2 years ago

14

The New American Enterprise Mutual Fund's portfolio is valued at $60 million. The fund has liabilities of $2 million, and the in

vestment company sponsoring the fund has issued 2,900,000 shares. What is the fund's net asset value

1 answer:

Vanyuwa [196]2 years ago

8 0

Answer:

$30.40

Explanation:

($40 million − $2 million) / 1.25 million shares = $30.40

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Define bond economics.

valentinak56 [21]

In finance, a bond is an instrument of indebtedness of the bond issuer to the holders. The most common types of bonds include municipal bonds and corporate bonds. Bonds can be in mutual funds or can be in private investing where a person would give a loan to a company or the government.

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2 years ago

Electronic résumés have an attractive, highly formatted appearance. T F

MAXImum [283]

Answer:

False.

Explanation:

False.

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2 years ago

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Stan, an air conditioning and heating technician, files a suit against Temp-Set Corporation, alleging that its thermostats are u

vovangra [49]

Stan, an air conditioning and heating technician, files a suit against Temp-Set Corporation, alleging that its thermostats are unreasonably dangerous due to the possibility of electrical shock.Temp-Set's best defense is most likely Knowledgeable User.

<h3><u>Explanation:</u></h3>

Some of the products must be used under certain conditions that are mentioned to be safer. When all these instructions are known by the people the manufacturer need not to mention that under warning conditions. These are known to be the knowledgeable users.

Some of the products usage is more commonly known by the users of those partticular products. They also know the adverse conditions when they are not used under the conditions that are desirable. In the given example, the temperature sets that are made by the technician is the Knowledgeable User since he knows everything about the working.

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3 years ago

Match your vocabulary word with the phrase that defines it. 1 . how land is used in cities overurbanization 2 . a situation in w

Stella [2.4K]

1. How land is used in cities – URBAN FORM

2. A situation in which resources are being used up at a faster rate than they can be replaced – UNSUSTAINABLE DEVELOPMENT

3. A situation in which more people live in an area than the area can provide services for – OVER-URBANIZATION

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3 years ago

A cost is $11,000 at 1,000 units, $12,000 at 2,000 units, and $13,000 at 3,000 units. Using the high-low method, how much is the

Misha Larkins [42]

Answer:

Fixed costs= $10,000

Explanation:

Giving the following information:

Highest activity cost= $13,000

Highest activity= 3,000 units

Lowest activity cost= $11,000

Lowest activity= 1,000 units

<u>To calculate the unitary variable cost and total fixed cost, we need to use the following formulas:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (13,000 - 11,000) / (3,000 - 1,000)

Variable cost per unit= $1

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 13,000 - (1*3,000)

Fixed costs= $10,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 11,000 - (1*1,000)

Fixed costs= $10,000

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3 years ago