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
andrew-mc [135]
3 years ago
5

A client recently purchased a sizeable number of mutual fund shares and knows that the Net Asset Value will change daily. The cu

stomer asks the RR how the NAV number is computed. Which of the following best describes the computation to arrive at NAV per share?
(A) NAV per share is calculated by finding the average value on a per share basis over the previous quarter.
(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.
(C) NAV per share is calculated by taking the total value of the portfolio of the fund, adding sales charges received, and then dividing this figure by the total number of shares currently outstanding.
(D) NAV per share is calculated by finding the total appreciation of the portfolio and dividing this figure by the total number of shares outstanding.
Business
1 answer:
julsineya [31]3 years ago
7 0

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.

You might be interested in
ANSWER ONLY IF YOU KNOW
leva [86]
Answer:
True

Monetary policy is the control of the quantity of money available in an economy and the channels by which new money is supplied
3 0
2 years ago
Please select the word from the list that best fits the definition
meriva

The truth in the loan policy requires that a creditor to notify the borrowers of what money is going to cost them before using it.

<u>Explanation: </u>

The Truth in Loaning Act (TILA) is a national law enacted in 1968 that guarantees consumer protection and informs consumers of the true cost of borrowing. To order to ensure that customers can easily equate shop interest rates and terms, TILA allows loan requirements to be reported in a readily understandable manner.

The TILA proposes laws related for closed accounts (for example, home and car loans) or open accounts (for example, credit cards). It does not limit the amount of interest that banks can pay or offer a loan to banks.

8 0
2 years ago
A company has the following balances on December 31, 2018, after year-end adjustments: Accounts Receivable = $62,500; Allowance
Dovator [93]

Answer:

the net realizable value of accounts receivable $56.300

Explanation:

To calculate the net realizable value of accounts receivable is necessary to deduct from Account Receivable the total credit amount of the Allowance for Uncollectible Accounts.

The Debit value of Accounts Receivable minus the credit balance of Allowance for Uncollectible Accounts gives the Net Value of Accounts receivables.

8 0
3 years ago
Explain south africa's reaction to the recommendations given by the who
LenaWriter [7]

Answer:

WHO guidelines

The development of global guidelines ensuring the appropriate use of evidence represents one of the core functions of WHO.

A WHO guideline is defined broadly as any information product developed by WHO that contains recommendations for clinical practice or public health policy. Recommendations are statements designed to help end-users make informed decisions on whether, when and how to undertake specific actions such as clinical interventions, diagnostic tests or public health measures, with the aim of achieving the best possible individual or collective health outcomes.

The Guidelines Review Committee ensure that WHO guidelines are of a high methodological quality and are developed through a transparent, evidence-based decision-making process. Guidelines are subject to a rigorous quality assurance process that helps to ensure that each and every published guideline is trustworthy, impactful and meets the highest international standards.

Explanation:

WHO guidelines

The development of global guidelines ensuring the appropriate use of evidence represents one of the core functions of WHO.

A WHO guideline is defined broadly as any information product developed by WHO that contains recommendations for clinical practice or public health policy. Recommendations are statements designed to help end-users make informed decisions on whether, when and how to undertake specific actions such as clinical interventions, diagnostic tests or public health measures, with the aim of achieving the best possible individual or collective health outcomes.

The Guidelines Review Committee ensure that WHO guidelines are of a high methodological quality and are developed through a transparent, evidence-based decision-making process. Guidelines are subject to a rigorous quality assurance process that helps to ensure that each and every published guideline is trustworthy, impactful and meets the highest international standards.

3 0
2 years ago
According to the video, which tasks do Urban and Regional Planners perform? Check all that apply.
Anit [1.1K]

Answer:

Wat

Explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • The _____ of an ad is defined as being the average number of times a person must see or hear a message before it becomes effecti
    7·1 answer
  • A string or rope will break apart if it is placed under too much tensile stress. Thicker ropes can withstand more tension withou
    8·1 answer
  • The range rule of thumb roughly estimates the standard deviation of a data set as​ _______.
    11·1 answer
  • One of the advantages of communicating through email rather than through letters and telephone calls is
    6·1 answer
  • The following data from the just completed year are taken from the accounting records of Mason Company: Sales $ 524,000 Direct l
    5·1 answer
  • f foreign investmentforeign investment fell by​ 100%, it would be cut in half.​ Thus, a decrease of​ 200% means that it would be
    5·1 answer
  • In Canada, the average worker can produce 10 computers or six cars a year. In the United States, the average worker can produce
    12·1 answer
  • Some people believe that the shuttle should have been better engineered for crew safety, including provisions for repair of the
    11·1 answer
  • After the required beginning date (RBD), what is the amount of penalty that applies to a required minimum distribution (RMD) fro
    6·1 answer
  • What is a consumer product?
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!