This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A mutual fund has total assets of 60,500,005 and liabilities of 7,987,654. If there are 10,123,456 ... (Read 61 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
on: Jun 24, 2018
A mutual fund has total assets of 60,500,005 and liabilities of 7,987,654. If there are 10,123,456 shares outstanding, what is the net asset value of the fund?
 A) 4.60
  B) 5.70
  C) 5.19
  D) 5.00

Question 2

Kevin Mills borrowed money to purchase a car at 14.4 ordinary interest for a time period from March 1 to August 18. The amount of interest on this loan was 204. How much did Kevin borrow?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcomstock09

  • Sr. Member
  • ****
  • Posts: 377
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

3,000


Anajune7

  • Hero Member
  • *****
  • Posts: 574
Reply #2 on: Jun 24, 2018
Thank you


mcomstock09

  • Sr. Member
  • ****
  • Posts: 377
Reply #3 on: Jun 24, 2018
No problemo


« previous next »
 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Mutual symbiosis between clownfish of the genus Amphiprion that dwell among the tentacles of tropica Mutual symbiosis between clownfish of the genus Amphiprion that dwell among the tentacles of tropica
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
Total Solid Waste, MSW per Capita Total Solid Waste, MSW per Capita
Desired Fertility versus Total Fertility Rate in Developing Countries Desired Fertility versus Total Fertility Rate in Developing Countries
An educational institution has total direct labor and material costs of $1964 per student. Its ... An educational institution has total direct labor and material costs of $1964 per student. Its ...
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: Functional zones in a mitochondrion

For a complete list of videos, visit our video library