What is Net Asset Value?
Net asset value is the value of an entity's assets less the value of its liabilities, which is frequently used in relation to open-end or mutual funds because shares of such funds registered with the Securities and Exchange Commission are redeemed at net asset value.
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$11.69
offering price= NAV / (1-load)
12.30=NAV / (1-0.05)
12.30=NAV / (0.95)
12.30 x 0.95 = NAV
NAV= 11.69
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Did you mean diethyl dimethyl hexane?
If so then the iupac name for it is 3-Ethyl-2,2-dimethylhexane <span>[</span>
Answer:
$142,524
Explanation:
The computation of the total cost assigned to the ending work in process
inventory is shown below:
As we know that
Total cost = Material + Labor
where,
Material = 21,400 units × 100% × $3.60 = $77,040
And,
Labor = 21,400 units × 60% × $5.10 = 65,484
So, the total cost is $142,524
We simply added material and the labor cost according to their completion percentage and its cost per equivalent units
Answer:
Economies of scope
Explanation:
Economies of scope is a benefit that a company has by producing a a wide range of products or services which reduces the unit cost. In this case of a financial institution, offering more credit cards to a large number of people will help them achieve their desired cost savings. Economies of scope is achieved when it provides a business with ways to generate operational efficiencies.
