1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
rodikova [14]
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
Business
1 answer:
Vanyuwa [196]2 years ago
8 0

Answer:

$30.40

Explanation:

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

You might be interested in
Ulysses S. Grant appears on the front of which denomination of US. currency?
julia-pushkina [17]
The 50 dollar bill has a picture of Ulysses S. Grant
5 0
4 years ago
For the lessee to account for a lease as a finance lease, the lease must meet: Multiple Choice Any two of the criteria specified
maxonik [38]

Answer:

The correct answer is Any one of the five criteria specified by GAAP regarding accounting for leases.

Explanation:

According to the information in FAS 13, criteria for accounting for financial and operating leases must be followed, such that the asset must be recognized all the risks according to the property, considering the times of the lease and in other cases the future purchase options the which must be reasonably recorded. If these criteria are not met it should be classified as an operating lease.

5 0
3 years ago
Freeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
ivann1987 [24]

Answer:

thank youuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu

Explanation:

3 0
3 years ago
Read 2 more answers
Which of the following is not true about the law of diminishing returns? It is a short run phenomenon. It refers to diminishing
Natasha2012 [34]

Answer:

All of the above are true.

Explanation:

The law of diminishing returns was first formulated by the classic economist David Ricardo. It presupposes a technical relationship between input and output, which is not scientifically demonstrable but only empirically. In practice, in a generic production system, at any contribution of any factor, that is, land, labor, capital, machines, etc. there is no proportionally increasing production increase.  

Normally it is assumed that the law does not always come into operation but only when the variable input exceeds a certain threshold. For example, the increase of workers on an assembly line certainly allows a proportional increase in production, but only until the entire system begins to suffer from malfunctions due to logistics or work organization, precisely because of the its getting bigger. Large industrial plants have shown that they must be divided into sections, however coordinated, precisely because of the decreasing returns. This is because the increase in the number of workers and the mass of the plants does not correspond to a consequent increase in production.

3 0
3 years ago
WILL GIVE BRAINLIEST A business owner is aware that the Department of Labor has created rules that require overtime pay for empl
slega [8]
The correct answer is: A.)
5 0
3 years ago
Other questions:
  • The primary purpose of protective covenants is to help:
    5·1 answer
  • Assume a nominal interest rate on one-year U.S. Treasury Bills of 2.60% and a real rate of interest of 1.00%. Using the Fisher E
    9·1 answer
  • Exercise 20-6 Manufacturing: Direct materials budget LO P1 Rida, Inc., a manufacturer in a seasonal industry, is preparing its d
    5·1 answer
  • Jill and Brian divided up $1900 between two investment accounts. Jill's account earns 4% interest and Brian earns 3%. If their c
    14·1 answer
  • The price of a swimming pool has been discounted 16.5%. the sale price is $1152.30. find the original list price of the pool.
    13·1 answer
  • Investment spending in macroeconomics refers to: adding to one's retirement account. adding to physical capital. buying stocks.
    11·2 answers
  • L'Oreal has a famous slogan, "Because you're worth it." The brand has used this for years and because of _________, it has susta
    6·1 answer
  • When applying for a job employers may check a potential candidate's social media to gather information on their personal
    7·1 answer
  • What index measures price changes received by domestic producers for their output?
    15·1 answer
  • In 2020, Miranda records net earnings from self-employment of $158,500. She has no other gross income. Determine the amount of M
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!