The company should report its cash and cash equivalents balance on its balance sheet as $78,500. All the given items will be assessed to whether they are cash or highly liquid to be classified as cash equivalents and their values will be ascertained.
Here's a step-by-step explanation:
1. Cash in bank: $41,000 - $5,000 compensating balance = $36,000
2. Cash in plant expansion fund: Not considered as it is not a cash equivalent and will be used in 3 years.
3. Cash on hand: $8,000
4. Highly liquid investments: $34,000 (maturities of 3 months or less)
5. Petty cash: $500
6. Receivables from customers: Not considered as it is not a cash equivalent.
7. Stock investments: Not considered as it will be sold in the next 6 to 12 months, not within 3 months.
Total cash and cash equivalents in balance sheet = $36,000 + $8,000 + $34,000 + $500 = $78,500
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before accepting an audit engagement, an auditor should make specific inquiries of the predecessor auditor regarding the predecessor’s
The price elasticity of demand for Netflix is -1.24. Is demand elastic or inelastic? Explain. Given this elasticity, if Netflix increases its price, will consumer expenditure also increase? Explain.
Demand for Netflix is elastic as the absolute value of price elasticity is greater than 1. Consumer expenditure will decrease if Netflix increases its price.
With a price elasticity of demand of -1.24, demand for Netflix is considered to be relatively elastic. This means that a change in price will lead to a proportionately larger change in the quantity demanded.
If Netflix were to increase its price, consumer expenditure would depend on the magnitude of the price increase. If the price increase is small, it is possible that consumer expenditure may still increase, since the decrease in quantity demanded would not offset the increase in price. However, if the price increase is substantial, the decrease in quantity demanded would likely offset the increase in price, leading to a decrease in consumer expenditure.
It's important to note that while the price elasticity of demand provides insight into how consumers may respond to changes in price, it is not the only factor that influences demand. Other factors such as the availability of substitutes, consumer preferences, and income levels can also impact the quantity demanded.
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Which financial statement reports revenues and expenses?.
Answer:
The income statement
Explanation:
HELP MEE THIS IS DUE TODAY!!
Why might an individual Persue a career in education and training career cluster.
A. They love to work with others and help them learn new things.
B. They want to earn a bachelor’s degree.
C. They want a career that does not require on job training.
D. They want a career that does not require certification.
Answer:
A) They love to work with others and help them learn new things.
Explanation:
When I was in school, elementary school to be exact, a lot of teachers in training found themselves practicing in my class, so they can be teachers in the near future. This means on the job training is required, especially if you are going to be in charge of the education and temporary needs of your students.
B is wrong because you don't just become a teacher right away, without the proper credentials just to earn a bachelor's degree, that's what trainings are for.
D is also wrong because, as I mentioned before, no one is just going to allow any old person around a bunch of kids to teach them, and especially if they don't have the proper certification. I should know because that's why I had to change teachers in 3rd grade because the teacher I had didn't have the proper certification to work with my type of IEP (Individual Education Plan).
A
Because they love to work with other and help
Hi-V produces three types of canned juice drinks, A, B, and C, using fresh strawberries, grapes, and apples. The daily supply is limited to 200 tons of strawberries, 90 tons of grapes, and 150 tons of apples. The cost per ton of strawberries, grapes, and apples is $210,$110, and $100, respectively. Each ton makes 1500lb of strawberry juice, 1200lb of grape juice, and 1000lb of apple juice. Drink A is a 1:1 mix of strawberry and apple juice. Drink B is 1:1:2 mix of strawberry, grape, and apple juice. Drink C is a 2:3 mix of grape and apple juice. All drinks are canned in 16 -oz ( 1lb) cans. The price per can is $1.15,$1.25, and $1.20 for drinks A, B, and C. Develop an LP model to determine the optimal production mix of the three drinks. (only the formulation is required)
The LP model aims to determine the optimal production mix of drinks A, B, and C using limited supplies of strawberries, grapes, and apples. The objective is to maximize profit while considering the cost of ingredients and the can price per drink.
Let:
x1 = number of cans of Drink A produced
x2 = number of cans of Drink B produced
x3 = number of cans of Drink C produced
The objective is to maximize the profit, which is given by the equation:
Maximize: 1.15x1 + 1.25x2 + 1.20x3
Subject to the following constraints:
Strawberry constraint: 1500lb * x1 + 1500lb * x2 <= 200 tons (converted to lb)
Grape constraint: 1200lb * x2 + 1200lb * x3 <= 90 tons (converted to lb)
Apple constraint: 1000lb * x1 + 1000lb * x2 + 1000lb * x3 <= 150 tons (converted to lb)
Non-negativity constraints:
x1 >= 0, x2 >= 0, x3 >= 0
The LP model aims to maximize the profit by determining the optimal values of x1, x2, and x3 while considering the constraints imposed by the availability of strawberries, grapes, and apples.
The objective function represents the total profit obtained from the production and sale of the drinks, and the constraints ensure that the ingredient usage does not exceed the available supply.
Non-negativity constraints ensure that the production quantities cannot be negative.
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How can the government efficiently encourage an optimal level of research and
development?
O All of these answers
Provide grants to academic and private researchers
O Fund research directly
O Enforce an effective patent system
Answer:
Enforce an effective patent system
Explanation:
Patent is defined as the government authority that bestows the full right and title of ownership to an investor in order to keep others away from making and selling such invention for a defined period of time.
The enforcement of effective patent system serves as incentives for optimal level of research and development as researchers feel recognized for their efforts and will be willing to do more as they know that inventions are now protected from duplication by others . Moreover , returns in investment are now guaranteed.
A man in San Rafael County was discovered committing workers' compensation fraud. He had been observed working while at the same time receiving disability benefits. Surveillance showed the man working at an automobile auction. The investigator interviewed the owner of the auction and found that the claimant was being paid $200 per week in cash for washing vehicles and performing other shop tasks. Surveillance video showed the man carrying 25-pound bags of pet food, loading boxes, and rummaging through a trash dumpster. Obviously, he was not hurt very badly. 1. Was surveillance the proper method to use in this case? Why? 2. What are some restrictions to be careful about in conducting surveillance?
Answer:
1. Yes
2. - privacy concerns
- may lack full details.
Explanation:
1. In this scenario the automobile auction house would need to show video evidence of his (San Rafael's) fraud activities to the investigator.
2. Privacy concerns such as how the information gotten from video surveillance is used may pose a challenge.
There's also the reality of a lack of full details. For instance, San Rafael may be deaf a disability that cannot be reflected well on a surveillance video that shows him working.
Which is a type of checking and savings account that is issued by financial institutions and investment firms that has a higher yield than simple savings accounts, but with some restrictions based on minimum amounts withdrawn
Answer:
Money Market Account
Explanation:
All the following are means to manage capacity by shifting and stimulating demand except
a. Vary price of goods or services
b. Add peripheral goods and/or services
c. Provide reservations
d. Shift work to slack periods
The means mentioned in options (a), (b), and (c) are all ways to manage capacity by shifting and stimulating demand.
Option (a) suggests varying the price of goods or services, which can incentivize customers to adjust their demand based on the pricing structure. Option (b) proposes adding peripheral goods and/or services, which can attract additional customers and balance the demand across different offerings. Option (c) involves providing reservations, allowing customers to book specific time slots or appointments, which helps distribute demand more evenly.
On the other hand, option (d) suggests shifting work to slack periods, which is a means to manage capacity by adjusting the allocation of resources and labor within a business or organization. By identifying periods of lower demand or idle resources, such as off-peak hours or slower seasons, work can be scheduled during those times to utilize capacity more efficiently. This strategy helps optimize resource utilization and balance workload throughout the day or year.
In summary, options (a), (b), and (c) are means to manage capacity by shifting and stimulating demand, while option (d) relates to managing capacity through the scheduling and allocation of work during periods of lower demand.
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You get a 15% discount if you buy a new range listing at $924.95 and a new freezer listing at $12,695.95 on the same bill. What is the total savings for both with your discount? a)$2,043.14 b)$2,083.67 c)$12,695.95 d)$13,620.90
Answer:
a)$2,043.14
Explanation:
The discount is applicable when both items are bought together.
the total bill for the two items will be $12,695.95 + $924.95
=$13,620.90
15% discount of $13,620.90
=15/100 x $13,620.90
=0.15 x $13,620.90
=$2,043.135
=$2,043.14
Why is it important to invest for your retirement? please explain :p
E-commerce offers entrepreneurs an opportunity to _____
E-commerce offers entrepreneurs an opportunity to utilize the interactive nature of the Internet to help their businesses grow.
What Exactly Is Electronic Business (E-Business)?Ecommerce is the name given to companies and individuals who conduct business online. E-commerce can operate in a range of market sectors and be performed on computers, tablets, cellphones, and other smart devices. Nearly any product or service imaginable is now available through e-commerce transactions, including books, music, airline tickets, and financial services like stock trading and online banking. It is considered a very disruptive technology result.
What are the advantages and disadvantages of doing business online?
The benefits of e-commerce for customers include:
ConvenienceIncreased selectionPerhaps lower startup costsInternational salesEasier to target customers again.But e-commerce websites also have some disadvantages. The negatives include:
Limited client serviceLack of immediate gratificationUnable to touch productsReliance on technologyGreater competition.Learn more about E-commerce with the help of the given link:
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To maximize profits, Maria should sell _ loaves of ciabatta bread per hour
To maximize profits, Maria should sell 6 loaves of ciabatta bread per hour
What is Profit Maximization
Profit maximization is the technique used by corporations and enterprises to develop methods to increase earnings while reducing costs. Every company should have it as a primary goal because it is essential to their development.
Since maximizing profits from a company's operations is necessary for its survival, this is often thought to be its main goal.
In order words profit maximizing is the procedure used by businesses to determine the manufacture, cost, and output levels that will result in the most profits.
Therefore, a corporation must reach an equilibrium state in order to realize its full potential profits. When a company or producer's level of output results in the maximum, it is considered to have reached equilibrium.
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To maximize profits, Maria should sell 6 loaves of ciabatta bread per hour.
What is Profit Maximization?Profit maximization is the technique used by corporations and enterprises to develop methods to increase earnings while reducing costs. Every company should have it as a primary goal because it is essential to their development.
Based on the question;
Given that,
TR = Total Revenue
Q = Quantity of sale (units sold)
P = Price per unit of output
TR = P x Q
Given that,
MR = Marginal Revenue
ΔTR = Change in the Total revenue
ΔQ = Change in the units sold
TRn = Total Revenue of n units
TRn-1 = Total Revenue of n-1 units
MR = TRn - TRn-1
MC = TCn - TCn-1
From the given information, we will calculate the TR obtained at different units to get the MR(marginal revenue). So,
when
Q = 0 and P = 6 ----TR = PQ = 06 =0
Q = 1 and P = 5.50---- TR = 5.50
Q = 2 and P = 5---- TR = 10
Q = 3 and P = 4.50----TR = 13.5
Q = 4 and P = 4---- TR = 16
Q = 5 and P = 3.50---- TR = 17.5
Q = 6 and P = 3---- TR = 18
Q = 7 and P = 2.50---- TR = 17.5
Q = 8 and P = 2--- TR = 16
From the solved TR, we can say that:
MR as MR = TRn - TRn-1.
So, MR (0) = 0
MR(1) = TR1 - TR0
= 5.50-0 = 5.50
MR(2) = TR2-TR1
= 10-5.50
= 4.50.
Using the formula above.
MR(3) = 3.5
MR(4) =2.5, MR(5) = 1.5, MR(6) =0.5,MR(7) = -0.5 and MR(8) =-1.5.
From the given TC, MC can be calculated as:
MC = TCn - TCn-1
So, MC(0) = 0,
MC(1) = TC1 - TC0 = 4
MC(2) = TC2-TC1 = 3
MC(3) = 2.50, MC(4) = 2
MC(5) =1.5,MC(6) =1
MC(7) = 1.50 and MC(8) = 2.5.
To maximize profit, the condition will be:
MR=MC.
Based on data given, the MR is the same to MC at the point where the price is $3.50 and the quantity sold is sad to be 5 units.
Therefore, a corporation must reach an equilibrium state in order to realize its full potential profits. When a company or producer's level of output results in the maximum, it is considered to have reached equilibrium.
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Which of the following would NOT be a condition associated with monopolistic competition?
The institute of management accountants (ima) issues the _______ _ ____ certification.
The Institute of Management Accountants (IMA) is a prestigious association that works globally for the provision of business professionals.
The main objective of IMA is the advancement and promotion of business management for better education regarding finance, monetary, and business studies. IMA issues the certificate called CMA, Certified Management Accountant.
This certificate is too good as it shows that certain accountants having this certificate has extreme skills in strategic management and can actively manage prestigious tricky tasks.
Also, this certificate has practical importance for people who wants to pursue financial accounting as a field. This certificate grasps global acknowledgment.
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Which of the following items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants: weigh all sides of decisions.
a. weigh all sides of decisions.
b. attending annual meetings.
c. generate innovative approaches to accounting.
d. integrity and objectivity.
Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants.
What is meant by professional code of ethics?This is the term that is used to refer to the code that is used to apply to all of the people that would work in a particular organization that are meant to guide the behavior of the people in the organization and also check the ways that people would act.
Hence we can say that Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants..
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Morning light does not enter the swamp. Even the sunrise is dark. Still, time progresses, night into day
A picture of bayou country is deceiving Slow streams converge under mud to make the appearance of land that is actually water. One net of moss hangs from one hundred trees. Lightning strikes the
same stump many times.
People pass the swamp's fringes in trains, on tracks that cling to the last solid ground. Out of their windows are landscapes that take the earth's colors to every periphery, Bright orange sunsets
surround people like sky on an airplane. On gray foggy mornings they ride through a dream that has no beginning or end. But time has its limits, these people know. They are expected places--Memphis
by midnight, New Orleans by dawn
Deep in the swamp, animals keep the only appointments Birds gather at high places in trees. Raccoons make their last noisy passes for food across someone's back porch before he awakes. Fish all
around splash up, although they cannot see the morning coming to clean the picture of day like clothes bleaching in a galvanized tub from dark gray to light gray
Joan looked out from the porch to the swamp she had known all her life. Ahead of her in the veiled light were the outlines of many trees. Below and around her were the crisp sounds of nature
awakening Cupped in both hands, perched on her knees was a warm mug of coffee.
Which of the following can the reader infer from the passage above?
O Travelers sleep throughout the journey.
O The ride is for airplane passengers to see the sky.
O Travelers lose their sense of the outside world.
Answer:
Travelers lose their sense of the outside world.
Explanation:
Study Island
best answer: brainliest
write an essay or a story about receipt (150words) and invoice (150words) seperately
Answer:
Receipt:
As I walked out of the grocery store, I couldn't help but smile as I looked at the little piece of paper in my hand. It was a simple receipt, listing the items that I had purchased and the total amount I had paid. But to me, it represented so much more than that.
The receipt was proof that I had successfully completed my weekly shopping trip. It was a record of the money that I had spent and the food that I had purchased to feed my family. It was a reminder of the things that I had accomplished that day, and a symbol of the abundance and abundance that I had in my life.
But most of all, the receipt was a symbol of trust. It was a sign that the grocery store had trusted me to pay for my purchases, and that I had trusted them to provide me with the food that I needed. It was a small but important part of the cycle of trust and mutual support that exists between businesses and consumers.
Invoice:
As I sat at my desk, staring at the computer screen, I couldn't help but feel a sense of satisfaction. I had just finished creating an invoice for a client, and it was a work of art. It was clear, concise, and professional, and I knew that it would be well-received.
The invoice was a document that outlined the services that I had provided to my client, along with the associated costs. It was a record of the value that I had delivered, and a reminder of the hard work and dedication that had gone into the project.
But most of all, the invoice was a tool for communication. It was a way for me to let my client know exactly what they owed me for my services, and to ensure that we were both on the same page about the terms of our agreement. It was a crucial part of the business relationship, and I knew that it would be instrumental in maintaining trust and mutual respect between myself and my client.
A newly appointed bank manager is discussing specific concepts in advanced corporate finance. By examining the financial statements of the three firms in Question 1, he states that the dividend irrelevance theory should not apply.
1. how could you defend the newly appointed bank manager?
To defend the newly appointed bank manager's statement that the dividend irrelevance theory should not apply, we need to understand the context and reasons behind his statement. Here are some possible defenses:
Different industry or company dynamics: The bank manager may argue that the three firms in Question 1 operate in industries or have specific characteristics that make the dividend irrelevance theory less applicable. For example, if the firms are in high-growth industries where reinvesting earnings is crucial for expansion and future profitability, paying dividends may be seen as less relevant.
Investor preferences and market conditions: The bank manager could argue that the investors in these firms have specific preferences for receiving dividends, such as income-oriented investors who rely on regular dividend payments. In such cases, dividend policy could have an impact on the company's stock price and investor sentiment, making the dividend irrelevance theory less applicable.
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Mandy wants to mention detailed information about her hobbies, personal qualities, strengths, and professional achievements in a document she can show her prospective employer. Which job search document can Mandy use to input all these details? A. résumé B. cover letter C. application D. career portfolio
Answer:
Career portfolio I think
Explanation:
Tell me if I am wrong please.
Anneliese is an HR manager at Fisher Corporation. One Friday, she conducts a game for the employees, where she explains a situation that involves feelings and emotions. One person has to act out the given situation in a way that another employee is able to understand what type of emotion the first employee is exhibiting. In this scenario, how do the participants communicate emotions and feelings
The participants communicate emotions and feelings by acting out the given situation in a way that another employee is able to understand what type of emotion the first employee is exhibiting.
The game conducted by Anneliese requires the participants to understand and analyze the emotions and feelings being conveyed, and then mimic the behavior to help others understand the emotion or feeling.In the game conducted by Anneliese, one person has to act out the given situation in a way that another employee is able to understand what type of emotion the first employee is exhibiting. In doing so, the employees can develop empathy and understanding for the emotions and feelings of their colleagues, and in turn, create a better work environment. This game can help employees improve their communication skills, emotional intelligence, and interpersonal skills.
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what is chick fill business history?
Chick-fil-A is a fast food restaurant chain that specializes in chicken sandwiches. The business was founded in 1946 by S. Truett Cathy, who opened the first restaurant in Hapeville, Georgia. The company's business history includes several milestones, such as the introduction of the Chick-fil-A Chicken Sandwich in 1964, the opening of the first freestanding Chick-fil-A restaurant in 1986, and the launch of the company's catering division in 2001.
Chick-fil-A has also experienced significant growth in recent years, with the company's sales surpassing $10 billion in 2018. Throughout its business history, Chick-fil-A has remained a privately held, family-owned company, with Cathy's son, Dan T. Cathy, serving as the current CEO.
One of the unique aspects of Chick-fil-A is its commitment to being closed on Sundays. This policy was established by Truett Cathy in 1946, and the company has continued to follow this tradition, with the exception of a few instances where the chain has provided food to emergency responders during natural disasters.
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3) Read the scenario. Then, choose the best answer.
While a junior in high school, Javier accepted a job stocking shelves at a local grocery store. He makes an hourly wage of $8.50. He is paid semimonthly and works an average of 20 hours per week.
What is Javier’s annual income?
$8,160
$3,480
$8,840
$13,200
Answer:
$8160
Explanation:
Hourly wage is 8.50
He works 20hours per week
Weekly pay is 8.50x 20 = 170
Semi monthly is twice a month
Semi month he receives 170 x 2= 340
Monthly he receives 340x2 =680
Annual income is 12 months = 680x 12
$8160
alwaysrain irrigation, inc. would like to determine capacity requirements for the next four years. currently, two production lines are in place for making bronze and plastic sprinklers. three types of sprinklers are available in both bronze and plastic: 90-degree nozzle sprinklers, 180-degree nozzle sprinklers, and 360-degree nozzle sprinklers. management has forecast demand for the next four years as follows: both production lines can produce all the different types of nozzles. the bronze machines needed for the bronze sprinklers require two operators and can produce up to 11,000 sprinklers. the plastic injection molding machine needed for the plastic sprinklers requires four operators and can produce up to 205,000 sprinklers. three bronze machines and only one injection molding machine are available.(assume that there is no learning.) 1. what are the capacity requirements for the next four years? (please calculate the capacity utilization, machine requirement and labor requirement for each year) 2. as the operation manager, do you have any comments or concern about capacity?
The capacity requirements for the next four years, we need to calculate the demand for each type of sprinkler and the available capacity for each production line is given below.
Bronze Machines:
Demand for 90-degree nozzle sprinklers: 11,000 sprinklers / year
Demand for 180-degree nozzle sprinklers: 11,000 sprinklers / year
Demand for 360-degree nozzle sprinklers: 11,000 sprinklers / year
Available capacity for bronze machines: 11,000 sprinklers / year
Plastic Machines:
Demand for 90-degree nozzle sprinklers: 0 sprinklers / year
Demand for 180-degree nozzle sprinklers: 0 sprinklers / year
Demand for 360-degree nozzle sprinklers: 0 sprinklers / year
Available capacity for plastic machines: 205,000 sprinklers / year
Total Available Capacity: 316,000 sprinklers / year
Based on the forecasted demand and available capacity, the capacity utilization for each year would be:
Year 1: 81.82% (11,000 sprinklers / 13,333 sprinklers available)
Year 2: 77.27% (11,000 sprinklers / 13,333 sprinklers available)
Year 3: 73.19% (11,000 sprinklers / 13,333 sprinklers available)
Year 4: 70.37% (11,000 sprinklers / 13,333 sprinklers available)
Machine Requirements:
Year 1: 2 bronze machines (11,000 sprinklers / 11,000 sprinklers produced)
Year 2: 2 bronze machines (11,000 sprinklers / 11,000 sprinklers produced)
Year 3: 2 bronze machines (11,000 sprinklers / 11,000 sprinklers produced)
Year 4: 2 bronze machines (11,000 sprinklers / 11,000 sprinklers produced)
Labor Requirements:
Year 1: 2 operators (11,000 sprinklers / 2 operators)
Year 2: 2 operators (11,000 sprinklers / 2 operators)
Year 3: 2 operators (11,000 sprinklers / 2 operators)
Year 4: 2 operators (11,000 sprinklers / 2 operators)
As the operation manager, I would have concerns about the capacity requirements for the next four years. The current capacity is only able to meet 70-75% of the forecasted demand for each type of sprinkler. This could lead to production delays and potentially lost sales.
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explain how a patent creates a kind of monopoly and what benefits a patent conveys to the owner. 2. explain what happens in a market when patent protection for a technology runs out. 3. explain the effects of pay-for-delay actions on producers and consumers. 4. discuss whether pay-for-delay tactics should no longer be allowed, or should continue. be sure to support your conclusion using economic arguments.
1. The monopoly granted to the patentee gives the holder the power to bar everyone else from creating, selling, maintaining, or importing.
2. An innovation is no longer protected after a patent expires and becomes part of the public domain.
3. These "pay-for-delay" patent settlements essentially eliminate any generic drug competition & raise the cost of drugs for consumers and taxpayers.
4. One party to a negotiation may employ a delay tactic to obtain an edge by delaying a decision in order to conduct business.
What are Patents?In return for publishing an enabling disclosure of the invention, a patent is a type of intellectual property that grants its owner the right to legally bar others from creating, utilizing, or selling an invention for a set amount of time. A patent is an exclusive right given for an invention, which is a thing or a method that, generally speaking, gives a new way to do something or a new technical fix for a problem. The invention's technical details must be made public in a patent application in order to get one.
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Barbara is a 35-year-old executive at a banking firm. What is the opportunity cost of her decision to have children?
The opportunity cost of Barbara's decision to have children is the potential benefits or opportunities that she could have gained if she didn't have children.
As an executive at a banking firm, Barbara may have had opportunities to advance her career, take on more responsibilities, or even start her own business. However, having children may limit her ability to pursue those opportunities. Barbara may have to take time off work to care for her children, which could result in missed promotions or opportunities. Additionally, the financial cost of raising children could impact her ability to invest in her career or start her own business. Ultimately, the opportunity cost of having children for Barbara will depend on her personal goals and priorities. While having children may limit certain opportunities, it may also provide her with fulfilling and rewarding experiences that cannot be measured in monetary terms.
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Which rotation maps point K(8, –6) to K’(–6, –8)?
180° counterclockwise rotation
90° clockwise rotation
90° counterclockwise rotation
180° clockwise rotation
Answer:
a.
Explanation:
Answer:
B
Explanation:
The answer is B: 90* Clockwise rotation.
What is true about expense ratios for fees charged to manage mutual fund accounts?
Answer:
A lower percentage ratio indicates more money has been invested to make money for the customer
Explanation:
the western capital growth mutual fund has: total assets $ 837,000,000 total liabilities $ 20,200,000 total number of shares 40,000,000 what is the fund's net asset value (nav) per share?
The fund's net asset value (nav) per share is 30.95 net asset value.
What is the net asset value?When a bank's price is provided by a trader or online financial portal, the net asset value for a share (NAVPS) of vehicle is also provided. Although NAVPS is determined only once each day, and the worth of the property acquired by a company may alter each day, this number is different from the firm's market price.
Total assets are $ 837,000,000
Total liabilities are $ 20,200,000
The total number of shares is 40,000,000
The net asset value formula is computed as
Net asset value = (assets - liabilities) / total shares
= (750,000,000 - 7,200,000) / 24,000,000
= 30.95 net asset value
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If the price of the share grows as the company grows, how does buying shares in a company benefit an investor?.
Answer:
An investor will be able to sell these shares for a higher price and make a profit.
Explanation:
This is because the investor can sell the share for a higher price as people see the company is doing well.