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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>

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2 years ago
Carillo Industries collected $108,000 from customers in 2017. Of the amount collected, $25,000 was for services performed in 201
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Answer and Explanation:

The computation is shown below;

But before reaching to the final answers, first do the following calculations

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a. Cash basis  

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3 years ago
Company A has a beta of 0.70, while Company B's beta is 1.45. The required return on the stock market is 11.00%, and the risk-fr
stira [4]

Answer:

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