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At the close of bussiness, Great Lengths Equity Fund had total assets of $135 million and total liabilities of $10 million. They had 11 milion

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At the close of bussiness, Great Lengths Equity Fund had total assets of $135 million and total liabilities of $10 million. They had 11 milion units butstanding in addinon, theif current assets totalied $13 milion and current fiabilites were $3 million. Which of the foliowing statements regarding Great Lengths Equity Fundis net asset vaiue per unt (NAVPU) is correct? The NAVPU is the total liabilites divided by the number of outstanding units Current assets and current liabities are used in the NAvPU cnsulation. There is not enough information available to calculate the NAVPU Great Lengths Equity Funds NAVPU is S11.36

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