Answer:
(B) NAV per share is calculated by subtracting the liabilities of the fund from the total assets of the fund, then dividing this number by the total number of shares currently outstanding.
Explanation:
The Net asset value(NAV) of any mutual fund corporation can be determined using below mentioned formula:
Net asset value(NAV) per share=(Current market value of all assets - liabilities)
/Total number of shares outstanding.
Based on the above formula, the statement which best describe the computation to arrive at NAV per share is
(B) NAV per share is calculated by subtracting the liabilities of the fund from the total assets of the fund, then dividing this number by the total number of shares currently outstanding.
Answer:
1. c. has no control over the price it pays, or receives,in the market
2. c. firms are at the mercy of market forces.
3. buyers can expect to find consistently low prices and wide availability of the good that they want.
Explanation:
A competitive market has the following characteristics.
1. Firms are price takers. They do not set the price for their goods and services. They accept the price set by market forces. Price is set where the demand curve intersects the supply curve.
2. There are no product differentiation. All sellers sell identical goods and services.
3. There are no barriers to entry or exit of firms in the industry.
4. Firms make zero economic profit in the long run.
5. There are many sellers and buyers.
I hope my answer helps you.
Answer:
$3,927
Explanation:
Bad debt expenses:
= Ending balance of allowance account + Write offs - Beginning balance of allowance account
= $11,944 + $9,191 - $17,208
= $3,927
<u> </u><u>Allowance for bad debt account</u>
Particulars Amount Particulars Amount
Write offs $11,944 By balance b/d (beginning) $17,208
To balance c/d (ending) <u>$9,191</u> Bad debt expense <u>$3,927</u>
Total $21,135 $21,135
Therefore, the amount of bad debts expense recognized for the year is $3,927.
Answer:
6k
Explanation:
Differentiate X3+ 3X2+X.The rules of differentiation say that if y= kX^n then dy/dx = knX^n-1. Therefore, X^3 would become 3X^2, 3X^2 would become 6X
<u>Included in the GDP of the U.S</u>:
- Honda assembly and sale of cars in the U.S.
- Old Navy purchases mannequins to display clothes
<u>NOT included in the GDP of the U.S:</u>
- Sales of wheat to Mrs. Baird's Bakery.
- Resale of used textbooks to college students.
- GM's assembly and sale of cars in Mexico.
- Ocean Spray purchases plastic to make bottles.
<u>Explanation</u>:
Gross Domestic Product (GDP) helps in measuring the production of goods and services in the country. The economic growth of the country is estimated by observing the GDP. One way to increase GDP is by increasing the literacy rate of the country.
Based on the given goods, the following can be included in the GDP of United States of America:
Assembly and sale of cars by Honda company in America.
Mannequins are purchased by Old Navy to display clothes.
