$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
Answer: <u>The answer is A. $60,000 increase.</u>
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Explanation: 1: The actual units sold multiplied by the budgeted sale price is equal to a total of $440000 (40000 x 11 = $ 440000)
2: The actual units sold multiplied by the actual sale price is equal to $500000 (40,000 x 12.5 = $ 500,000)
3:<u> $500000 - $440000 = </u><u>$60000</u><u> increase by the unit price factor.</u>
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Answer
Net income 177,200
+35230 depreciation
+4,920 loss on disposal
217,350 adjusted net income (a)
↑↓
↑AR -14,160
↑Prepaid -4,190
↑AP 17,220
Change in working Capital -1,130(b)
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<u>Cash Flow generated from operating activities 216,220</u>
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Explanation:
(a) we must remove the non-monetary account from the income statement
This means add the non-monetary expenses and losses
Subtract the non monetary revenue and gains
(b)
The increase in assets account have a negative meaning, because it is assumed the company used cash to adquire it.
Whiel increase in liabilities are positive, because the company receive aah or delay the payment of cash.
True Some no activist believe in a predetermined money growth rate
In this scenario, there is a high degree of social risk for Weston.
<h3><u>
Explanation:</u></h3>
That act that has impacts on the people surrounding a person refers to social risk. The adverse effects that are caused as a result of actions of a particular person refer to social risk. Some of the examples of social risks include issues associated with labours, corruptions, etc. Most important things that are the result of social risk is the health related hazards.
Social risk also associates with the way the people treats the other based on certain criteria’s. In the given example Weston is driving a car that was presented as a gift by his father a long time ago. But as a partner of a law firm he thinks that others will disrespect him because of the car he drives. In this scenario, Weston has high degree of social risk.
