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Illusion [34]
3 years ago
11

A mutual fund has total assets of 2.4 million dollars and 300,000 shares. What is the net asset value of one share of the fund?

Business
1 answer:
Katarina [22]3 years ago
3 0
The correct answer for this question is this one: "c. $8.00 "A mutual fund has total assets of 2.4 million dollars and 300,000 shares. The net asset value of one share of the fund is <u>$8.00</u>Hope this helps answer your question and have a nice day ahead.
There exists the same question from other source with the following choices:
a. <span>$0.08 </span>
<span>b. </span><span>$0.80 </span>
<span>c. </span><span>$8.00 </span>
<span>d. </span>$80.00
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In Appellia, it takes 10 units of resources to increase its output of sugar from 12 tons to 13 tons, but 11 units of resources t
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Answer:

b. diminishing returns to specialization.

Explanation:

Diminishing returns is also called diminishing productivity. It states that as additional unit of input is used in production it will get to a stage where more of input will be required to maintain output levels.

If the same level of input is used it will result in reduction in output over time.

This is exemplified in this secanrio where it takes 10 units of resources to increase its output of sugar from 12 tons to 13 tons, but 11 units of resources to increase output from 13 tons to 14 tons, and 12 units of resources to increase output from 14 tons and 15 tons.

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3 years ago
What is the change due if a $5 bill is tendered for a charge of $4.21? The change in dollars and cents would be $ a0.
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Answer: $0.79.

Explanation:

Given that,

Tendered bill = $5

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Therefore,

The change due is calculated by subtracting bill charged from tendered bill.

Change due = Tendered bill - Bill charged

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Hence, change in dollars would be $0.79.

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