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rodikova [14]
1 year 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
Business
1 answer:
Vanyuwa [196]1 year ago
8 0

Answer:

$30.40

Explanation:

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

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Piazza, a pedestrian, was injured when struck by a vehicle driven by Delaney, who ran a stop sign. At the time of the accident,
Ghella [55]

Answer:

Piazza should sue DGA Corporation because he (or she?) was struck by a company vehicle and the driver was acting within the scope of his normal employment tasks. Piazza might also sue Delaney along with DGA, since DGA is a small corporation and as a corporation is considered a separate legal entity whose shareholder equity might be really low.  

Piazza can sue for compensatory damages including pain and suffering, medical bills and lost wages.

6 0
3 years ago
MacHeath Inc. bought 60% of the outstanding common stock of Nomes Inc. in an acquisition that resulted in the recognition of goo
kiruha [24]

Answer:

c) $600,000.

Explanation:

$600,000.00 is the value that will be attributed to land in a consolidated balance sheet at the date of acquisition?

In the acquisition process,  assets and liabilities of the business being bought get evaluated to ascertain their true worth.  Assets such as land, buildings, and machinery undergo valuation. Their market value or fair value is recorded in the books of the acquiring entity as the actual value of the asset at the time of acquisition.

8 0
3 years ago
Consider the following costs incurred in a recent period:Direct Materials $33,000Depreciation on Factory Equipment $12,000Factor
asambeis [7]

Answer:

$37,000

Explanation:

The following costs were incurred in a recent period

Direct Materials $33,000

Depreciation on Factory Equipment $12,000

Factory Janitor's Salary $23,000

Direct Labor $28,000

Utilities for Factory $9,000

Selling Expenses $16,000

Production Supervisor's Salary $34,000

Administrative Expenses $21,000

Therefore, the total amount of period cost can be calculated as follows

Total amount of period costs = Selling expenses + administrative expenses

= $16,000 + $21,000

= $37,000

Hence the total amount of period costs for the above period is $37,000

4 0
2 years ago
Read 2 more answers
On average, how many years does it take to complete an associate's degree?
bonufazy [111]
I think it’s 4 tell me if I’m wrong
7 0
3 years ago
In B2B markets, ________ are firms that buy and reprocess products and services before selling them again to the next buyer.
Digiron [165]

Answer:

In B2B markets, manufacturers are firms that buy and reprocess products and services before selling them again to the next buyer.

What is manufacturing?

is the process of converting raw materials (primary process) into physical goods (secondary process), involving multiple industrial processes. E.g, assembly, multiple stages of production, quality, control. Manufacturing. to make or process of a raw material into a finished product.

7 0
2 years ago
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