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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

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Rextacular Manufacturing Company reported the following materials data for the month ending June 30, 2016:
dimulka [17.4K]

Answer:

Material used = $855,000

Explanation:

The computation of the cost of direct material used is shown below;

Material purchased = $828,000

Add:

Opening Inventory = $279,000

Less:

Closing Inventory = ($252,000)

Material used = $855,000

we simply applied the above formula so that the cost of direct material used could come

Hence, the cost of direct material used in production is $855,000

4 0
3 years ago
In one state, a mortgagee holds legal title to real property offered as collateral for a loan, and the mortgagor retains the rig
True [87]

Answer:

Lein Theory.

Explanation:

Lien theory refers to the theory in which the buyer stops the property deed at the time of the mortgage. Also the buyer promised to pay all the payments so that the mortgage could become a lien on a property but at the same time the  title would remain with the buyer but if all the payments are paid so the lien could be removed

Therefore in the given situation, it represents the lien theory

7 0
3 years ago
management information systems allow managers to build upon an organization’s existing strengths to create
My name is Ann [436]

An organization gains a competitive advantage when it is able to do any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain situations, throughout the whole industry.

This is further explained below.

<h3>What is a competitive advantage?</h3>

Generally, The advantageous position that a firm strives to achieve in order to be more lucrative than its competitors is what is known as a competitive advantage.

In the world of business, a competitive advantage is a quality that enables a company to achieve a higher level of success than its rivals.

In conclusion, When an organization is able to perform any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain circumstances, throughout the entire industry, that organization gains a competitive advantage.

Read more about  competitive advantage

brainly.com/question/5647002

#SPJ1

Complete Question

management information systems allow managers to build upon an organization’s existing strengths to create

elastic demands.

competitive advantages.

SWOT analyses.

barriers to entry.

6 0
1 year ago
A $200,000 loan amortized over 12 years at an interest rate of 10% per year requires payments of $21,215.85 to completely remove
lesya [120]

Answer:

loan balance after 12 years = $185409.8

Explanation:

Loan principal = $200000

interest = 10% of principal

amount paid yearly  = $21215.85

For 1st year

principal for the first year = $200000

required interest to be paid = 10% of 200000 = $20000

amount paid = $21215.85

Loan Balance after first year = (principal for first year) - (amount paid - 10% of principal ) = $198,784.15

For 2nd year

principal for the 2nd year = Loan balance after first year = $198,784.15

loan balance after 2nd year = 198784.15 - ( 21215.85 - 10% of 198784.15)

= $197568.30

same applies for the different years until the 12th year

using this formula :

Loan Balance after Nth year = [ Loan balance after (n-1) year - ( amount paid - 10% of loan balance after (n-1) year ) ]

6 0
3 years ago
In an emergency situation, such as a life-threatening trauma in an emergency room, a supervisor must be:_______.
weqwewe [10]

Answer:

d. direct and assertive.

Explanation:

In an emergency situation, such as a life-threatening trauma in an emergency room, a supervisor must be direct and assertive.

When there's an emergency situation, this ultimately implies a life and death situation which is typically characterized by having someone being in a very critical and dangerous condition. In order to be able to save such an individual or situations, it is very important and essential to have a direct and assertive supervisor who is in charge or control of the emergency situation and capable of making quick decisions that would most likely salvage the situation.

A supervisor who is assertive is confident, bold and positive about his or her instructions in any situation, which is a prerequisite quality to overcome emergencies.

8 0
3 years ago
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