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
katovenus [111]
3 years ago
10

Assume that you have recently purchased 100 shares in an investment company. Upon examining the balance sheet, you note that the

firm is reporting $225 million in assets, $30 million in liabilities, and 10 million shares outstanding. What is the net asset value (NAV) of these shares?
Business
1 answer:
elena55 [62]3 years ago
6 0

Answer: Net Asset Value = 1950

Explanation:

Assets = $225 million

Liabilities = $30 million

Shares outstanding = 10 million

We can compute the Net Asset Value, using the following formula:

<em>NAV\ per\ share= \frac{Assets - Liabilities }{Outstanding\ Shares}</em>

<em>NAV\ per\ share = \frac{225 - 30}{10}</em>

<em>NAV per share = 19.5</em>

<em>Therefore, the NAV of 100 share is 1950</em>

You might be interested in
According to the public choice modelLOADING...​, how do policymakers arrive at their​ decisions? The public choice model suggest
8090 [49]

Answer: The correct answer is "E. policymakers will pursue their own self minus interest.".

Explanation: According to the model of public choice, policy makers arrive at their decisions, pursuing their own interests mainly seeking his re-election and only as a secondary objective seeks social good.

4 0
3 years ago
in 2001 an outbreak of hoof-and-mouth disease in europe led to the burning of millions of cattle carcasses. discuss the demand a
denis23 [38]

Answer:

High demand

Low supply

High prices

Explanation:

The demand and supply of products, goods and services is heavily dependent on several factors ranging from economic, health and social factors. Disease and viral outbreaks have devastating effects on the market forces of demand and supply which in most cases will impact the market negatively with characteristically high prices and scarcity of products. The mouth and hoof outbreak in Europe was one which impacted the economy including farmers, leather and hides workers and all whose businesses and sustainability depends on cattles and its products. Due to the contagious nature of the disease and the ease at which it could spread if curtailment isn't effected on time, millions of cattles were slaughtered on sighting the symptoms and it's products including skins are burnt leading to losses in billions on the path of cattle rearers, shortage of lather, hides and skins, restriction in international product trade in other to avoid its spread to other parts of the world. These resulted in low supply and high demand of cattles and its products including leather goods meaning High prices for little available.

8 0
3 years ago
Drag the titles to the correct boxes
Natali5045456 [20]

project manager will go at the first

marketing manager will go at the second box

business analyst will go to the third box

business development manager will go to the last box

5 0
3 years ago
What are the three duties of a central bank?
murzikaleks [220]

Conducting monetary policy

Supervising and regulating depository institutions

Maintaining the stability of the financial system

6 0
3 years ago
42-43. For the following independent situation for an individual taxpayer. Item Use (Personal or Business) Business Basis $25,00
ch4aika [34]

Answer:

$17,000

Explanation:

Fair market value before casualty is $17,000 while Fair market value after casualty is none. The starting point for the calculation of loss deduction will be based on the fair market value before casualty which is $17,000.

4 0
3 years ago
Other questions:
  • Why would legislation most likely ask interest groups to help shape public policy?
    14·1 answer
  • Rigley Company expects to have a cash balance of $46,000 on January 1, 2017. These are the relevant monthly budget data for the
    13·1 answer
  • What are 3 categories that make up a credit score
    15·1 answer
  • A British Tran jet costs $ 42,000,000 and is expected to fly 350,000,000 miles during its 12​-year life. Residual value is expec
    12·1 answer
  • A manager states that "HRD must become more strategic." What does this statement mean, and what can HRD professionals do to prac
    14·1 answer
  • Identify which of the following statements are true for the corporate form of organization. 1. Ownership rights cannot be easily
    13·2 answers
  • What does a credit score measure?
    5·1 answer
  • Rory has been an underwriting assistant at a large insurance company for the past few years. He is an extremely hard worker and
    11·1 answer
  • If country x is expected to grow by 19 percent between the years 2017 and 2018, what is the expected gdp per capita for the year
    12·1 answer
  • A new pair of sneakers costs $70 now. what is the cost of the shoes 5 years from now if the price increases 8% per year?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!