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Leona [35]
2 years ago
8

The All-Star Basic Value Fund's portfolio is valued at $250 million. The fund has liabilities of $23 million, and the fund’s net

asset value is 17,100,000 What is the fund's number of shares outstanding?
Business
1 answer:
svetoff [14.1K]2 years ago
8 0

$13.27 is the fund's number of shares outstanding

Solution:

Given,

The All-Star Basic Value Fund's portfolio is valued at $250 million

Liabilities of $23 million

Net asset value = 17,100,000

Now ,

To find , fund's number of shares outstanding :

NAV = ($250 million - $23 million)/17.1 million = $13.27

$13.27 is the fund's number of shares outstanding

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Answer:

Explanation:

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8 0
3 years ago
Wythe is trying to decide whether he wants to purchase shares in General Motors, Ford, or Honda, all of which are auto manufactu
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Answer:

Security selection

Explanation:

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3 years ago
g If the beginning work in process includes 200 units that are 20% complete with respect to conversion and 30% complete with res
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Answer:

1,140 units

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Step 2 : Calculate equivalent units of production with respect to conversion costs

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thus,

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7 0
2 years ago
Department is related to organization as employee is related to what
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