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
In the buying​ center, which role has responsibility to execute the​ purchase? A. Gatekeeper B. Initiator C. Influencer D. Buyer
svetoff [14.1K]

Answer:

D) Buyer

Explanation:

The buyer is responsible for developing the technical specifications of the product that is going to be purchased, inviting potential vendors, and will also be the person in charge of actually executing the purchase. The buyer is the person that has the actual authority and is responsible for carrying out the purchase.

3 0
3 years ago
When sold at a 40% discount, a sweater nets the merchant a 20% profit on the wholesale cost at which he initially purchased the
Airida [17]

Answer:

100%

Explanation:

Let the normal retail price of the sweater be 'SP' and the cost price be 'CP'

Therefore,

The selling price = SP - 40% of SP = SP - 0.4SP = 0.6SP

Now,

the profit = 20% of CP = 0.2CP

also,

Profit = Selling Price - Actual price

or

0.2CP = 0.6SP - CP

or

1.2CP = 0.6SP

Or

CP = 0.5SP

or

SP = 2CP

thus,

Increase percentage in sweater marked up from wholesale at its normal retail price

= \frac{SP-CP}{CP}\times 100

or

=  \frac{2CP-CP}{CP}\times 100

= 100%

3 0
2 years ago
Pepsi Cola has entered into a long-term contract with a South African beverage business. The contract calls for the South Africa
Helen [10]

Answer:

<u>Licensing </u> is the correct answer.

Explanation:

Licensing is defined as a trade agreement between a company that gives another company authorization to manufacture its product by contract and payment of royalties for the use of the right to use the trademark.

Companies generally license: design, patents, trademarks, copyrights and others whose purpose is to assist in increasing profitability and expanding business.

Despite being a very profitable strategy worldwide, product licensing is not crucial to a company's success, despite the ease of marketing a product or brand already consolidated and valued by the consumer, it is necessary to ensure compliance in production processes. and focus on marketing and sales.

8 0
3 years ago
Suppose that GDP was $250 billion in year 1 and that all other components of expenditures remained the same in year 2 except tha
nika2105 [10]

Answer:

$265 billion

Explanation:

The computation of the GDP in year 2 is shown below:

= GDP in year 1 + increase in the business inventories

= $250 billion + $15 billion

= $265 billion

We simply added the GDP in year 1 with the increase in the business inventories so that the GDP in year 2 could come

6 0
3 years ago
The dedcution SIPOC is an output
Valentin [98]

Answer:

In process improvement, a SIPOC (sometimes COPIS) is a tool that summarizes the inputs and outputs of one or more processes in table form. It is used to define a business process from beginning to end before work begins.

5 0
1 year ago
Other questions:
  • 12.The competitive strategy of a firm pursuing a "think global, act local" approach to strategy-making A. entails little or no s
    6·1 answer
  • What are the three legal forms of business organization? What are their advantages and disadvantages?
    13·1 answer
  • Recommend ways to deal with the following personalities in the workplace"
    8·1 answer
  • Chez Fred Bakery estimates the allowance for uncollectible accounts at 3% of the ending balance of accounts receivable. During 2
    15·1 answer
  • Which of the following should you do before taking the PSAT?
    13·2 answers
  • Which one of the following accounts will have a credit balance?
    11·1 answer
  • If Pete raises his price of muffins from $2 to $3 and his sales revenue increases from $35,000 to $38,000, then:a. this is impos
    13·1 answer
  • Time management is primarily act of using time
    10·2 answers
  • Ben and Miranda recently sold some land they owned for $150,000. They received the land and a check equal to the amount of the t
    15·1 answer
  • Today, most jobs are filled through the open job market. <br><br> a. true <br> b. false
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!