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
A company needs to locate three departments (X, Y, and Z) in the three areas (I, II, and III) of a new facility. They want to mi
dolphi86 [110]

Answer:

(A) $2,600

Explanation:

Please see attachment .

6 0
3 years ago
The per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 2900 units, the actual direct
pashok25 [27]

Answer:

$5400 Favorable

Explanation:

Standard 2 hour at $15 per hour

Standard hours 2 hour per unit * 2900 units = 5800 hours

Total Standard cost = 5800 hours * $15 per hour =  $87,000

Actual hours = 5100

Actual cost = $81600 / 5100 hours = $16 per hour

Variance = Standard - Actual

Labor hour Variance Favorable = 700 hours (5800 hours - 5100 hours)

Total Labor variance = $5400 ($87,000 - $81,600)

4 0
3 years ago
A worker has been struggling at her job. She has worked long hours for the
likoan [24]
Work well with others
6 0
3 years ago
An investor seeking tax advantages through an oil and gas dpp. with this type of partnership he would expect to benefit most fro
Olenka [21]

The answer is<u> "depreciation allowances and tax credits."</u>


Depreciation allowance refers to a sum that can be removed a business' benefit figure while ascertaining charge, to take into account the way that an advantage has lost piece of its incentive amid a specific time frame.  

An tax credit is a measure of cash that citizens can subtract from charges owed to their legislature. The estimation of a tax credit relies upon the idea of the credit; certain sorts of expense credits are conceded to people or organizations in particular areas, orders or ventures.

5 0
3 years ago
The open innovation technique that involves generating insights based on ideas from massive numbers of people is called Blank___
cricket20 [7]

According to the research, crowdsourcing is the open technique that involves generating insights based on ideas from massive numbers of people.

<h3>What is crowdsourcing?</h3>

It refers to a massive collaboration provided by individuals who are not part of an entity or institution.

It is an open modality of joint work of an indefinite number of people, who contribute their ideas for the development of a certain project.

Therefore, we can conclude that according to the research, crowdsourcing is the open technique that involves generating insights based on ideas from massive numbers of people.

Learn more about crowdsourcing here: brainly.com/question/14490967

#SPJ1

5 0
2 years ago
Other questions:
  • Problem 24-6A Payback period, break-even time, and net present value LO P1, A1
    14·1 answer
  • Carbohydrates, fats, and proteins, which provide energy
    9·2 answers
  • A company, which records its delivery trucks at the market price, has violated the following concept:
    10·1 answer
  • ) If the real interest rate is positive, then a unit of future consumption can be had for the sacrifice of less than one unit of
    6·1 answer
  • A physical count of supplies on hand at the end of May for Masters, Inc. Indicated $1,245 of supplies on hand. The general ledge
    7·2 answers
  • Acton Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its m
    8·1 answer
  • The transportation mode with the highest dollar value of freight in the united states is
    14·1 answer
  • PAKSA : ANG PAGHAHANAP BUHAY NG MGA INA SA TAHANAN ANG SINASABING DAHILAN SA PAGKALIGAW NG LANDAS NG MARAMING ANAK O KABATAAN. S
    12·1 answer
  • The owner of a national software company has been watching current economic information for the past two quarters and a rapid ri
    5·1 answer
  • If a company incorrectly records cash received for services to be provided in the future with a debit to cash and a credit to sa
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!