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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:

a.

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Explanation:

3 0
1 year ago
You are trying to concentrate during an examination but you get distracted by the sound of another student tapping her pencil on
sergejj [24]

Answer:

a.  Selective attention/comprehension

Explanation:

Selective attention/comprehension -

It refers to some specific external factors , which alerts someone's attention , is referred to as Selective attention/comprehension .

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Hence , from the given scenario of the question ,

The students gets distracted by the sound of the pencil on desk .

The correct answer is a.  Selective attention/comprehension .

3 0
3 years ago
A factory building is an example of which factor of production?
Luba_88 [7]

Answer:

The making and delivery of the product.

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Because in a factory it manufactures the product that they are making and send them to stores to sell the products for money.

5 0
3 years ago
A company's inventory records report the following:
AlexFokin [52]

Answer:

Closing value of inventory = $357 for 21 units

Explanation:

As for the provided information we have,

Under FIFO method we know,

FIFO means First In First Out, under this the goods bought at earliest are sold earliest.

That means first opening inventory is sold, then the inventory purchased at the earliest.

Now we have,

Opening Inventory = 27 units @ $17 = $459

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Aug 5              22 units @ $16 = $352

Aug 12             26 units @ $17 = $442

Provided 54 units are sold on Aug 15, that means, opening inventory of 27 units, 22 units bought on Aug 5, and 54 - 27 - 22 = 5 units from purchases on Aug 12.

Therefore, after sale units left = 26 - 5 = 21 units

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4 0
2 years ago
On 12/31/X4, Zoom, LLC, reported a $55,500 loss on its books. The items included in the loss computation were $27,000 in sales r
IrinaVladis [17]

Answer:Ordinary Business income loss =-$20,500.

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employee wages= $17,000

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charitable contributions and qualified dividends, do not cut across all industries and so are not classified under Ordinary Buisness expences.

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$27,000- $19,000-$`17,000-$11,500= -$20,500. to be reported on its X4 return

6 0
2 years ago
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