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
stepan [7]
3 years ago
10

Assume that you have just purchased some shares in an investment company reporting $500 million in assets, $50 million in liabil

ities, and 50 million shares outstanding. What is the net asset value (NAV) of these sharesA. $12B. $9C. $10D. $1
Business
1 answer:
ryzh [129]3 years ago
6 0

Answer:

B. $9

Explanation:

Value of Asset = $500 million

Value of Liabilities = $50 million

Number of shares = 50 million

Net Asset value = Total Asset value - Total Liabilities value

Net Asset value = 500 million - 50 million

Net Asset value = 450 million

Net Asset value per share = Net Asset value / Number of Shares

Net Asset value per share = 450 million / 50 million

Net Asset value per share = $9 / share

You might be interested in
Ben White is the manager of a retail store. His work typically includes the routine, day-to-day interactions with customers and,
lubasha [3.4K]

Answer:

c

Explanation:

because he has to do a little of eveything

3 0
3 years ago
Innovation in the sales process and methodologies within the sport industry have often been more advanced then those used in oth
kobusy [5.1K]
The answer for this statement would be TRUE. Innovation nowadays have been improving especially in the sports industry because the world wants to keep up with the latest advancements now in the field. Therefore, we could really see that it is more advanced than those used in other service industries.
4 0
3 years ago
You sell friendship bracelets. You have an agreement with your best friend, Georgina, who is a great artist
disa [49]
Answer
False

Explanation
You are still giving her the 25% not him
7 0
2 years ago
A major weakness of planning budgets is that A. They are feared only to a single level of activity. B. They cannot be used to as
Ksivusya [100]

Answer:

The correct answer is letter "D": All of the above.

Explanation:

Budgets are estimates of the expenses that may be incurred during the development of a  project. Managers try to keep the expenditures as close as to the budget to make sure a reasonable amount of resources were used. Though, disadvantages of counting on budgets are, for instance, that they are set mostly to a single level of activity without considering adjustments that might be necessary as a result of external changes; also, budgets are a constraint for projects since the executive responsible must monitor how the resources are spent periodically to find out if they will be enough for the project completion.

4 0
4 years ago
In a marketing context, the acronym imc refers to __________. interactive media convergence internal marketing communications in
NNADVOKAT [17]
IMC refers to Integrated Marketing Communication
6 0
3 years ago
Other questions:
  • Use the following information to calculate the dollar cost of using a money market hedge to hedge 200,000 British pounds of paya
    11·1 answer
  • Individuals performing in professional jobs are compensated initially for their ________.
    15·1 answer
  • Keesha Co. borrows $200,000 cash on November 1 of the current year by signing a 90-day, 9%, $200,000 note. 1. On what date does
    6·1 answer
  • An implementation of which security principle ensures that secrets stay secret?
    5·1 answer
  • A decrease in demand for cameras would likely be caused by
    12·1 answer
  • Strassel Investors buys real estate, develops it, and resells it for a profit. A new property is available, and Bud Strassel, th
    11·1 answer
  • Select the correct answer from each drop-down menu. What is the basis for the calculation of interest payable by various financi
    13·1 answer
  • What are factors of production?1/ all the human efforts involved in the production process2/ all the resources used to produce a
    12·2 answers
  • The effects of inflation Suppose Friendly Airlines is considering signing a long-term contract with the union representing its p
    8·1 answer
  • What remarketing audiences cannot be defined by default?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!