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mina [271]
2 years ago
12

If a mutual fund's portfolio is valued at $500 million while there are liabilities of $6 million, what would be the NAV if there

were 30 million shares outstanding
Business
1 answer:
Ainat [17]2 years ago
7 0

The NAV of the mutual fund's portfolio given the value of the assets, liabilities and the shares outstanding is $16.53.

<h3>What is the NAV?</h3>

NAV means net asset value. It is the intrinsic value of a stock. NAV can be determined by dividing the differerence between assets and liabilties by the shares outstanding.

NAV = (assets - liabilities) / shares outstanding

(500 - 6) 30 = $16.53

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A developer buys the last five vacant lots in a subdivision and constructs a large, expensive home on each lot. The homes sell f
Mashutka [201]

Answer:

Progression

Explanation:

Progression in real estate occurs when the property in a given area improves in value as a result of more expensive property bring built in the area.

This is one major way real estate appreciates in value. Some property owners wait for others to develop the area and naturally their own property appreciates in value.

In this scenario the developer buys the last five vacant lots in a subdivision and constructs a large, expensive home on each lot. The homes sell for what are record-setting high prices for the area.

8 0
3 years ago
Roberto designers was organized on January 1,2021. The firm was authorized to issue 100,00 shares of $5 par value common stock.
jekas [21]

Answer: the correct answer is D) $250,000

Explanation:

Answers

transactions relating to stockholder's equity

Issued shares 10,000* $7 = $70,000

Issued shares 20,000*$8   = $160,000

net income                            = $100,000

                                                --------------  

Sub Total                                 $330,000  

Debts                              

50,000 dividend                       ($50,000)

3,000 *$10 treasury stock       ($30,000)    

                                                   --------------  

Sub Total                                   ($80,000)

Total   $330,000-$80,000 =  $250,000                                    

8 0
3 years ago
Catherine had checked the price of an airline ticket in November to fly to Daytona Beach for her spring break. She was surprised
goldfiish [28.3K]
The correct answer is B. yield management
5 0
3 years ago
Read 2 more answers
Walden Industries is considering investing in productionminusmanagement software that costs $ 630 comma 000​, has $ 60 comma 000
nadya68 [22]

Answer:

345,000

Explanation:

accounting rate of return:

\frac{net \:profit}{average \: investment}

The average investment will be the average between the ending and beginning book value of the investment:

In this case, the acquisition of the software and his salvage value at the end of the useful life.

( 630,000 + 60,000 ) / 2 = 345,000

4 0
3 years ago
What was the first great economic analysis of global trade written in 1776??
sasho [114]
"An Inquiry into the Nature and Causes of the Wealth of Nations", or "The Wealth of Nations", written by Scottish economist and philosopher Adam Smith. One of the first collected descriptions of what builds a nation's wealth. Written at the beginning of the Industrial Revolution, it covers division of labour, productivity and free markets. Took 10 years to write with reference to 17 years of notes, based off of observations about economic and societal conditions. Offered more practical information for the time to replace mercantilist and physiocratic theories.
7 0
3 years ago
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