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
skelet666 [1.2K]
3 years ago
9

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?
a. $25.50
b.$22.50
c. $19.50
d.$1.95
Business
1 answer:
mina [271]3 years ago
6 0

Answer:

net asset value = $19.5

correct option is c. $19.50

Explanation:

given data

shares = 100

total assets = $225 million

liabilities = $30 million

shares outstanding = 10 million

to find out

net asset value of these shares

solution

we will apply formula for Net assets value of company that is

Net assets value of company =Total assets - liabilities

Net assets value of company =$225 million - $30 million

Net assets value of company = $195 million

so net asset value is

net asset value = \frac{net assets}{share outstanding}

net asset value = \frac{195}{10}

net asset value = $19.5

so correct option is c. $19.50

You might be interested in
Regina Corp. is a property and casualty insurance company in its third year of operations and has a net loss of $100,000. Regina
sergejj [24]

Answer:

$24,000

Explanation:

Total Taxable income of first and second year = $10,000 + $30,000 = $40,000

Net loss in 3rd year = $100,000  

Net Operating loss carry back = Regina Taxable income Total of first and second year of operations

Net Operating loss carry back = $40,000

Net Operating loss Carry forwards = Net loss - Net Operating loss carry back

Net Operating loss carry forward = $100,000 - $40,000

Net Operating loss carry forward = $60,000

Income tax rate = 40%

Income tax benefit from the Net Operating loss carry forward = Net Operating loss carry forward * Income tax rate

Income tax benefit from the Net Operating loss carry forward = $60,000 * 40%  

Income tax benefit from the Net Operating loss carry forward = $24,000 .

6 0
3 years ago
The project will require an investment of $10,000 in new equipment. the equipment will have no salvage value at the end of the p
maks197457 [2]

Answer:

The answer is attached

Explanation:

Download xlsx
4 0
3 years ago
LO.8, 9 Broadbill Corporation (E & P of $650,000) has 1,000 shares of common stock outstanding. The shares are owned by the
GarryVolchara [31]

Question Continuation

Determine the tax consequences of the redemption to Tammy and to Broadbill under the following independent circumstances.

Tammy and Jeremy are grandmother and grandson.

Answer:

See Explanation Below

Explanation:

Given.

Tammy number of shares = 300

Yvette number of shares = 400

Jeremy number of shares = 300

Each of the shareholders paid $50 per share.

Tammy's Ownership is calculated by; (300+300)/1000

= 600)1000

= 60% ---- before redemption

Tammy's Ownership = (150 + 300)/850

Tammy's ownership = 450/850

Tammy's Ownership = 52.94% ---- after redemption

The constructive ownership of Tammy is more than 80%, this means that the distribution is considered as income to Tammy

3 0
3 years ago
The advantages of using a franchising strategy to pursue opportunities in foreign markets include:.
Sliva [168]

The advantages of using a franchising strategy to pursue opportunities in foreign markets include : Having franchisees bear most of the costs and risks of establishing foreign locations and requiring the franchisor to expend only the resources to recruit, train, and support and monitor franchisees.

<h3>What is franchising?</h3>

Franchising is a marketing concept in which when adopted by an organization, can be used as a strategy for business expansion.

The Franchisor is the original business owner who sells the right, intellectual property and use of its business model to use its business name and idea.

Basically, franchise provides the opportunity to buy into a successful business model which has track record, solid supply chain and expert technical support.

Learn more about franchising here : brainly.com/question/12879015

6 0
2 years ago
Zoe buys 50 pounds of frozen peaches each month to make her famous peach cobbler that she sells in her bakery. If Zoe believes t
Oksi-84 [34.3K]
Please forgive me if I’m wrong
I think it would be a.true
7 0
2 years ago
Other questions:
  • Choose all that apply. Adrianna will be a college freshman soon and she is struggling to make a career choice. Which activities
    14·2 answers
  • Which of the following is TRUE regarding investment intermediaries? Group of answer choices Insurance companies can be both "buy
    10·1 answer
  • Redbird Corporation provides the following data: Cash inflows $50,000 Cash outflows $43,000 Net income $35,000 Depreciation dedu
    8·1 answer
  • For many​ years, the International Nickel Company of Canadathe International Nickel Company of Canada essentially operated as a
    6·1 answer
  • What section of the SOX compliance law requires proper controls and, hence, security controls to ensure the confidentiality and
    7·1 answer
  • Which of the following is true regarding the contribution margin ratio of a company that produces only a single product? Multipl
    7·1 answer
  • Malcolm has decided that he wants to open up his own law practice. The time has come to establish prices for his services. Due t
    8·1 answer
  • MachineTools.com sells grinders, boring mills, and engine lathes. Its Web site lists goods from over 700 machinery manufacturers
    7·1 answer
  • A ZERO COUPON BOND IS SOLD FOR 550 DOLLARS AND MATURES IN 35 YEARS WHAT IS THE YTM
    7·1 answer
  • Multiple Select Question Select all that apply Bad Debt Expense ______. (Check all that apply.) Multiple select question. should
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!