Given the following information, calculate the net asset value for the Boston Equity mutual fund. Total assets.................................$240,000,000
Question:
Total assets.................................$240,000,000
Total liabilities..................................8,000,000
Total number of shares........................5,000,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
The net asset value per share is equal to the current market valu...View the full answer
Answered By
Divya Munir
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
4.90+
0 Reviews
10+ Question Solved
Related Book For
Personal Finance
ISBN: 978-0077861643
11th edition
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
Question Posted:
Students also viewed these Corporate Finance questions
-
Given the following information about a potential suspect, determine whether there is a likelihood of illegal income. If so, determine the amount of unknownincome. FINANCIAL DATA YEAR 1 YEAR 2YEAR 3...
-
Given the following information, what is the expected return on a portfolio which is invested 60 percent in stock A and 40 percent in stockB? State of Probabillity of Return if State Occurs Ecoomy...
-
Given the following information about Mega Corps costs, provide answers to the questions below. (a) Total fixed costs equal.¨ (b) When the rate of output is equal to 1, AVC is equal to.¨ (c)...
-
Solve Problem using augmented matrix methods. Use a graphing calculator to perform the row operations 5.7x1 - 8.55x2 = -35.91 4.5x1 +5.73x2 = 76.17
-
Draw the structures of the following molecules: (a) Trans-1-Bromo-3-methylcyclohexane (b) Cis-1, 2-Dirnethylcyclobutane (c) Trails-1-tert-Butyl-2-ethylcyclohexane
-
Should a use case be prepared for every item on the event-response list? Why or why not?
-
With extensive use of IT, ___________. (a) more staff are typically added (b) firms can use IT (c) firms can move internationally (d) firms can reduce redundancy
-
Plantcity is a large nursery and retail store specializing in house and garden plants and supplies. Jean Raouth, the assistant manager, is in the process of budgeting monthly supplies expense for...
-
A famous news anchor is tired of political reporting and decides to think seriously about running for the U.S. Senate, estimating the probability of being elected as 60%. Campaign expenditures are...
-
Complete Keith's tax return including all required schedules and forms using prince edward island as province, using the fillable forms package. Taxpayers Information Taxpayer #1 Name: Keith Dox...
-
What options can be used to purchase shares in an open-end mutual fund from an investment company?
-
Assume that one year ago you bought 100 shares of a mutual fund for $13.50 per share, you received $0.42 per share capital gain distribution during the past 12 months, and the market value of the...
-
Following the preparation of the bank reconciliation for Lolitta Services, a correcting journal entry was needed. A cheque issued for the correct amount of $960 for a payment on account was recorded...
-
Using an AS/AD diagram, show how a rise in AD could lead to a rise in national income but with no change in the price level.
-
Auditors have various EDP audit techniques available to aid in testing computer-based systems. Included in these audit techniques are (1) test data, (2) integrated test facility (ITF), (3) tagging...
-
Detailed testing of controls in a computer system through the use of test data or an TF a. Can be performed using either real or simulated transactions. b. Is not convincing because many of the...
-
It has been stated that internal auditors have developed computer audit approaches that should be considered by the external auditor in planning the conduct of an audit of a client who has a highly...
-
Recent advances in computing technology have allowed the auditors to gain efficiency by bringing the technology to the audit. Required: Briefly explain how each of the following technologies can...
-
For the network of Fig. 5.161 : a. Determine r e . b. Calculate V B , V CE , and V CB . c. Determine Z i and Z o . d. Calculate A v =V o > V/ i . e. Determine A i = I o > I/i. -o 22 V 5.6 k2 330 k2...
-
The first law of thermodynamics is sometimes whimsically stated as, You cant get something for nothing, and the second law as, You cant even break even. Explain how these statements could be...
-
Julia has been thinking about buying a home. For several months, she has been watching real estate shows on television and visiting open houses in her community. She thinks it is time to take the...
-
(a) Does the home buyer enjoy tax advantages? Explain. (b) Discuss Maggis belief that cash flow is better with renting. (c) Suggest some reasons why Michael might consider renting rather than...
-
(a) How would you advise Jeremy if he asked you whether he should sell the house himself or list with a broker? Explain your answers. (b) Would Jeremy really save money by selling his home himself if...
-
Analice cual de estas empresas est orientada ms orientada a un futuro en ciudades y comunidades sostenibles? Grupo de opciones de respuesta La composicin de los productos de BIOFASE es de 60%...
-
In airline financial terms, the abbreviation "FPA" can refer to which of the following? Group of answer choices (A) Fixed Position Aloft (B) Financial Planning and Analysis (C) Forecast of Penalty...
-
To calculate the amount of the sale (before sales tax) divide the total sales price by 1.08. Merchandise listed on the sales invoice: Stock Number Item Quantity Net Cost Per Unit AU150 JET SKI ULTRA...
Study smarter with the SolutionInn App