Answer:
$10.49
Explanation:
The computation of the net asset value of the fund is shown below:
= (Market value of the assets - market value of the liabilities) ÷ number of oustanding shares
where,
Market value of assets is
= (200,000 × $35) + (300,000 × $40) + (400,000 × 20) + (600,000 × 25)
= $42,000,000
So, the net asset value of the fund is
= ($42,000,000 - $30,000) ÷ (4,000,000)
= $10.49
Answer: True
Explanation:
The quality improvement teams are groups of employees that are from various departments who come together and meet regularly in order to define, analyze, and then solve common production problems.
The aim of the quality improvement team is to improve the production process. This is achievable by them working on their methods.
The difference between credit card and a debit card is that:
Debit cards are linked to your bank account, and money is withdrawn from the account as soon as the transaction occurs. While credit cards are not linked to your bank account, they are linked to the bank or institution that issued the card. Credit card are billed monthly.
Credit cards are considerably more popular with U.S. consumers because debit cards are linked to your bank account and if someone stole the card, all the money in your bank account will vanish. where credit cards are not linked to your bank account, it is charged monthly as much money as you want.
Answer:
1. To equalize their relationship with their employers.
Explanation:
This took place in the 18th century, stated to have happened about the late 70's as it was known that artisans slowly started becoming the new kings.
Their trades which ranges from cabinetmaking, baking, butchering, goldsmithing, silversmithing, carpentry, tailoring and also shoemaking.
These workforce were either wage earners, they start as craftsmen and grow to become great entrepreneurs and this got eyes on them causing them to form cults for themselves only to equalize their relationship with their employers.
Answer:
the pre tax cost of debt is 3.98%
Explanation:
The computation of the pre tax cost of debt is shown below;
Pre tax cost of debt is
= (Annual interest + (par value - market price) ÷ (number of years) ÷ (par value + market price) ÷ 2
= (0.05) + ($1,000 - $1,140) ÷ (20) ÷ ($1,000 + $1,140) ÷ 2
= 3.98%
Hence, the pre tax cost of debt is 3.98%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
