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
Yuliya22 [10]
3 years ago
5

The investments in the Alamo Basics Contingency Fund have a current market value of $730 million. The fund also has liabilities

that total $45 million. If this mutual fund has 25 million shares, what is the net asset value per share?Select one:a. $1.80b. $27.40c. $29.20d. $31.00e. $26.50
Business
1 answer:
poizon [28]3 years ago
8 0

Answer:

b. $27.40

Explanation:

The formula for finding the net asset value per share is

(Fund assets-Fund liabilities)/number of shares outstanding

In this case the investments of the fund are its assets so fund assets are 730 million

The liabilities of the fund are 45 million and there are 25 million shares outstanding. In order to find the net asset value we will just input these values in the formula.

(730-45)/25= 27.40

You might be interested in
Sales promotions that provide consumers an incentive to buy a product, such as a cents-off coupons or a discount, are widely use
Nady [450]

Answer:

it is challenging to track usage of the coupons

Explanation:

Coupons are defined as an instrument that is used to obtain a discount or rebate when making a purchase.

Stores usually give out coupons to customers as an incentive to by products.

However there will be challenge of tracking the coupons as well as the discount on each coupon.

Coupons are given at different discount rates at different times, so it is cumbersome to track a particular coupon out of the many issued when customer wants to redeem it

6 0
2 years ago
Which of the following should be accounted for in an enterprise fund?Light poles to be paid for in installments by affected prop
Gennadij [26K]

Answer:

correct option is C. $1,250,000

Explanation:

given data

Light poles = $350,000

cost reimbursement = $65,000

electric power to residents = 1,250,000

to find out

which statement accounted for in an enterprise fund

solution

statement accounted for in an enterprise fund is here

    particular                                                amount

Equipment used for supplying                  $1250000

electric power to residents

enterprise fund                                          $1250000

so correct option is C. $1,250,000

8 0
2 years ago
Facing stiff competition in the e-reader market, Sumac Industries wants to protect its competitive advantage by increasing the p
azamat

Answer:Highlight celebrities who use Sumac e-readers.

Explanation:

According to the question, due to tough competition in market regarding the e-reading product , Sumac industries wants that they can have superior position in e-reader market than other e-reader business organizations.Thus,they want a secure position for their company.

A good strategy for maintaining their position can be done through putting spot-light on the celebrity users of Sumac e-reader.This will be highlighted among celebrity fans or followers and general customers. It will promote or inspire people to purchase Sumac e-reader more as celebrities are using their product.

6 0
2 years ago
Identify at least five different Human Services careers that you could pursue in your home state, and choose the three that appe
oee [108]

Answer:

Human services careers: Nurse, Child Life Specialists, Licensed Clinical Social Workers (LCSW), Psychologist, Counselor, Marriage and Family Therapist, and Behavioral Management Aide.

Explanation:

You could write about any of these ->

Try writing about being a nurse.

They help everyone in the hospital setting and the families of the patients.

Go through years of training to help people.

Put other people before them.

Three colleges that you can take nursing classes at are: NIU, UIC and Lewis university.

4 0
2 years ago
Read 2 more answers
When Steven askes questions in an open-minded way, he avoids:
Elenna [48]
Attacking someone else's opinion. I hope this helps!
3 0
3 years ago
Read 2 more answers
Other questions:
  • Gear Electronics used to buy all of its component parts from a local plant in Cleveland, Ohio, but this year it has decided to b
    5·1 answer
  • A given university has an average professor pay of $40,000 a year and an average administrator pay of $45,000 per year. If the r
    15·1 answer
  • How can a poor housing market put home buyers in a financially unstable position?
    12·2 answers
  • Eleanor and her little sister Joanna are responsible for two chores on their family’s farm, gathering eggs and collecting milk.
    7·1 answer
  • Ben seems to have the Midas touch. He can recognize opportunity where others see only problems. His focus is on creating solutio
    10·1 answer
  • On July 1, Crowe Co. pays $15,000 to Zubin Insurance Co. for a 3-year insurance policy. Both companies have fiscal years ending
    15·1 answer
  • When creating your résumé, you should
    6·2 answers
  • When you download and print the NCAA Basketball Tournament bracket (a paper to pick who you think will win the NCAA Men's Basket
    12·1 answer
  • Below is the income statement for Sun Devil Company for the year ending December 31, 20x2: Sales (net) $500,000 Cost of Goods So
    5·1 answer
  • Anne is a full-time student at UCLA buts works part-time as a waitress at a diner near her dormitory. She earns an hourly wage b
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!