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
grigory [225]
3 years ago
8

Assume that you have just purchased some shares in an investment company reporting $500 million in assets, $50 million in liabil

ities, and 50 million shares outstanding. What is the net asset value (NAV) of these shares
Business
1 answer:
umka2103 [35]3 years ago
6 0

Answer:

The correct answer is $9 million.

Explanation:

According to the scenario, the given data are as follows:

Assets = $500 million

Liabilities = $50 million

Outstanding shares = 50 million

So, we can calculate the NAV by using following formula:

NAV = Net Assets ÷ Outstanding no. of share

Where, Net assets = Assets - Liabilities = $500 - $50 = $450 million

By putting this in formula, we get:

NAV = $450 ÷ 50

= $9 million

You might be interested in
Emily wants to search online for entrepreneurship opportunities in the field of business development. However, she wants to skip
jeka94

Answer:

C.

“entrepreneurship + business + development - branding”

Explanation:

Researchers usually put a hyphen before a word as a technique to exclude it from online search results. This method allows for narrowing down results to the desired pages only.  When searching for keywords that are frequently used together,  putting a hyphen helps exclude unwanted results.

4 0
3 years ago
The ________ of the term structure states the following: the interest rate on a long-term bond will equal an average of short-te
rjkz [21]

Answer:

liquidity premium theory

Explanation:

The liquidity premium theory states that those that invest in bonds do prefer high liquid as well as securities that are short-dated so that it can be sold fast compare to long-dated ones. It states that investors do get compensation for higher default risk when there is change in interest rate.

It should be noted that The liquidity premium theory of the term structure states the following: the interest rate on a long-term bond will equal an average of short-term interest rates expected to occur over the life of the long-term bond plus a term premium that responds to supply and demand conditions for that bond.

7 0
2 years ago
13 chocalate bars cost 21 dollars. How many candy bars can you get with 1 dollar?
ankoles [38]
0.619047619047619 is how many you could get. So about .62
4 0
3 years ago
Sharon, a CPA for a large firm noticed that the company's accounting records drastically overstated the amount of inventory on h
Kryger [21]

Answer:

The Whistleblower Protection Act of 1989

Explanation:

The Supreme Court established that the Whistleblower Protection Act of 1989 covered not only employees from government entities, but also employees from private organizations (Lawson v. FMR LLC, March 4, 2014).

Whistleblowers are employees of private businesses or government entities that report illegal activities carried out by their employers. This law protects whistleblowers against possible retaliation from their employers.  

8 0
3 years ago
Read 2 more answers
Perform a horizontal analysis on the following information providing both the dollar amount and percentage change.
Vera_Pavlovna [14]

Answer and Explanation:

The computation of the percentage of each amount is as follows;

<u>Particulars         2020               Change               Percentage of change </u>

                                a                         b                         (b ÷ a) × 100

Cash             $170,000       $500,000            294%

Accounts Receivable $710,000 $270,000            38%

Inventory                $520,000    $190,000             37%

Long Term Assets  $2,100,000 -$200,000         -9.52%

Total Assets          $3,500,000   $760,000           21.71%

6 0
3 years ago
Other questions:
  • Publisher problem: Full court press inc buts slick paper in 1525 pound rolls for textbook paper. Annual demand is 1800 rolls. Th
    15·1 answer
  • If country ABC can produce a unit of good 1 by sacrificing fewer units of good 2 than can country XYZ, it is correct to say that
    13·1 answer
  • In a conversation between two parties, a statement like, "What I'm hearing you say . . ." is an example of:
    11·1 answer
  • Jing Company was started on January 1, Year 1 when it issued common stock for $36,000 cash. Also, on January 1, Year 1 the compa
    13·1 answer
  • It will take Cody 3 months to save up enough money to purchase a stereo. He has a credit card with a 12% interest rate. Cody’s f
    12·2 answers
  • Why is a price floor set above an equilibrium price tends to cause persistent imbalances in the market?
    14·1 answer
  • Gekko, Inc. reported the following balances (after adjustment) at the end of 2008 and 2007.
    6·1 answer
  • Selected financial data for Spark Enterprises follows for a production level of 120,000 units: (4 points) Total fixed costs $300
    5·1 answer
  • The senior vice presidents at Terra Firma Construction are each responsible for a specific function within the organization. One
    13·1 answer
  • When coca cola contracted with capgemini to provide accounting and financial services, which strategy was coca cola using?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!