You are given the following information: Boston Equity Mutual Fund Total assets Total liabilities Total number of shares $ 794 million $ 4 million 20 million Calculate the net asset value for the Boston Equity mutual fund. (Round your answer to 2 decimal places.) Net asset value per share
Answers
The net asset value (NAV) per share for the Boston Equity Mutual Fund is $39.50.
To calculate the net asset value per share, follow these steps:
1. Determine the net assets of the fund by subtracting the total liabilities from the total assets: $794 million (total assets) - $4 million (total liabilities) = $790 million (net assets).
2. Divide the net assets by the total number of shares: $790 million / 20 million shares = $39.50 per share (rounded to 2 decimal places).
In summary, the net asset value per share is found by first calculating the net assets of the fund by subtracting its liabilities from its assets. Then, the net assets are divided by the total number of shares to obtain the NAV per share. In this case, the Boston Equity Mutual Fund's NAV per share is $39.50.
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Related Questions
FIRST ANSWER WILL BE NAMED BRAINLIEST
Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit
Answers
Answer:
It is letter B
Explanation:
Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.
What is the budget?A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.
Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.
Therefore, option B is the correct option.
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Activity 2
Direction: Identify the following records below:
1.
Batch Number
Product Name
Supplier
Results of inspection for**.
Raw material
C
B
A
Write in either 'Pass/Fail or observations on quality
Section Break (Next Page)
8
Answers
search it up or download a app that you can solve it as i di
Refer to Scenario 19.2. BASF has decided to offer discounts to its businesses customers in the form of the following: For each order of $100,000 or more during the next 90 days, the buyer will receive a rebate of 5 percent. This type of pricing would be an example of ____ discounts. Group of answer choices
Answers
Answer:
cumulative discounts
Explanation:
Options:
A) allowance B )cash C) seasonal D) noncumulative E) cumulativeA cumulative discount refers to a company offering a discount in the sales price of an item or items if the total purchase is higher than a certain threshold. It is similar to offering discounts for buying in bulk (which refers to quantity), only that this type of discount is offered to customers that purchase over a certain amount of money.
Question # 1 Long Text (essay) Submit two news story summaries, noting the following: agency name(s), parties affected by the decision, status on period for comment, status on decision-making, and what decisions you would make in similar situations.
Answers
The answer is The public may not make technical decisions, but their opinions deserve consideration by those who are making those decisions.
What does making decisions mean?The process of choosing a course of action involves recognizing a decision, acquiring data, and weighing potential answers.
What three ways can one make a decision?Based on the level at which they occur, decision-making may also be divided into three types. The direction of an organization is decided upon strategically. Decisions regarding how something will be accomplished are considered tactical. Lastly, operational decisions are choices that staff members make every day to manage the company.
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The folowine information is avakable for Advanced Micro Devices (AMD) for the curtent year Durng the year, A A MD assets increased by $1,004,000,000 and its liabilties ancreased by 5334 million. Calculate AMD s stockholders' equily at the end of the year. Do NOT include the dollar sign (S) when you enter your answar
Answers
The correct answer is $470,000,000, AMD's stockholders' equity at the end of the year.
Stockholders' equity represents the residual interest in the assets of a company after deducting its liabilities. To calculate AMD's stockholders' equity at the end of the year, we need to subtract the increase in liabilities from the increase in assets. Given that AMD's assets increased by $1,004,000,000 and its liabilities increased by $534,000,000, we can calculate the stockholders' equity as follows:
Stockholders' Equity = Increase in Assets - Increase in Liabilities
= $1,004,000,000 - $534,000,000
= $470,000,000
Therefore, AMD's stockholders' equity at the end of the year is $470,000,000.
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Accounting is an information and measurement system that identifies, records, and communicates relevant, reliable, and comparable information about an organization's business activities. Select the aspect of accounting associated with this activity Aspects of Accounting Activities.1. Analyzing and interpreting reports.2. Presenting financial information.3. Keeping a log of service costs.4. Measuring the costs of a product.5. Preparing financial statements.6. Seeing revenues generated from a service. 7. Observing employee tasks behind a product.8. Registering cash sales of products sold.
Answers
Answer:
Accounting Activities Aspect of Accounting Activities
1. Analyzing and interpreting reports Communicating
2. Presenting financial information Communicating
3. Keeping a log of service costs Recording
4. Measuring the costs of a product Recording
5. Preparing financial statements Communicating
6. Seeing revenues generated from Identifying
a service
7. Observing employee tasks behind Identifying
a product.
8. Registering cash sales of products Recording
sold.
3.5. In a public limited company, the losses are
borne by the
(A) staff
(B) directors
(C) community
(D) shareholders
Answers
Answer: D
Explanation: Had this test before
Answer:
d
Explanation:
]
Determine which of the statement(s) are correct if a petty cash account is not replenished at the end of the accounting period. (check all that apply.) multiple select question. the balance sheet would show an overstated cash asset. the balance sheet would show an understated cash asset. expenses would not be recorded in the period in which they were incurred. the income statement would reflect a net income amount that was too high.
Answers
If Petty Cash is not replenished at the end of the accounting period:
the balance sheet would show an overstated cash asset.expenses would not be recorded in the period in which they were incurred. the income statement would reflect a net income amount that was too high.What happens when petty cash is not replenished?Because the cash that was meant to go to the petty cash was not taken from the cash account, this account will have more than it should (overstated).
The expenses which were incurred and recorded in the petty cash would not be accounted for which means that the income would be overstated as these expenses were not deducted from it.
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At the new equilibrium price of $200, what is the new equilibrium quantity?
Answers
When the price is $200, QD0 equals 0, QS equals 2350, and QD1 equals 2350.
The equilibrium price is the only price at which consumers' and producers' goals coincide—that is, the amount consumers want to buy of the commodity, quantity demanded, equals the amount producers want to sell, quantity supplied.
The equilibrium quantity is the name given to this common quantity. The demand and supply function (Qa - bP = x + yP) can be used to compute it. When the supply equals the demand, the equation yields an equilibrium price. To calculate the quantity, enter the equilibrium price into the demand or supply function.
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The model on the right looks bumpy, but when you break a large salt crystal in two, the edges of the split often look straight and feel smooth. Is there a problem with the model? Use what you have learned about atoms to explain.
Answers
Answer:
There is no problem with the model. These atoms are so small, that even if they look really bumpy in the model, in real life they're so small that they look straight and feel smooth.
Explanation:
Hope this helps :)
Salt crystals are the structure of the compound or the molecule that looks like a cubic-shaped structure. There is nothing wrong with the model as the atoms are very small entities.
What are atoms?Atoms are defined as the smaller unit that makes the elements and is known to be the structural component. They are seen in the solid models of the elements and molecules as round shape that looks a little edgy and bumpy from the outer side.
When the model is cut they look rather smooth and plain as the size of atoms is very small that in a microscopic structure looks like balls fitted in a cube. But at a very large level, the substance does not have bumpy appearances.
Therefore, there is no problem with the salt crystal (solid sphere) model of the atom.
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Your question is incomplete, but most probably the image of the model is attached to the image below.
What impact will higher wages have on the labor force participation of women? 
Answers
Young black women with college degrees had the highest lifetime incomes but lower labor force participation rates.
In comparison to men, women have fewer opportunities to make money globally. Women are less likely to actively search for work or do paid labor. Compared to 80% of men, only slightly more than 50% of women in the world work. People's labor force involvement varies depending on demographic parameters such sex, birth year, education, marital status, and the presence of young children at home. Low female labor force participation in India is a complex socioeconomic phenomenon caused by factors like rural-urban migration, patriarchal attitudes, and an imbalance in supply and demand. Wages Increase for Men and Women When More Women Work. based on data from 250 U.S. cities over 30 years. The greatest major economic shift during the previous century was probably the rise of women in the paid employment.
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which of the following intersects the average total cost curve and the average variable cost curve at their minimum points?
Answers
The marginal cost curve intersects the average total cost curve and the average variable cost curve at their minimum points. The marginal cost (MC) curve is the graphical representation of the marginal cost of production. The marginal cost curve is a graph that depicts the total cost of manufacturing one unit versus the total quantity of units manufactured.
The marginal cost curve intersects both the average total cost (ATC) curve and the average variable cost (AVC) curve at their minimum points. In this regard, the following option is correct: The marginal cost curve.
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Consider a 3-year project with an initial investment of $10,000 and a required return of 12%. The cash inflows for the project are $4,000 in year 1. $5,000 in year 2, and $6.000 in year 3. Assuming reinvestment of project cash flows at a rate equal to the project's required return, the project's MIRR is closest to 13,56% 18.44% 19.73% 21.64%
Answers
Converting the decimal to a percentage, the MIRR is approximately -6.17%. Therefore, none of the given options match the calculated MIRR of -6.17%.
To calculate the Modified Internal Rate of Return (MIRR) for the project, we need to consider the cash inflows, cash outflows, and the reinvestment rate.
Step 1: Calculate the future value (FV) of the cash inflows at the project's required return of 12%.
Year 1: $4,000 * (1 + 0.12) ^ 2 = $4,000 * 1.2544 = $5,017.60
Year 2: $5,000 * (1 + 0.12) ^ 1 = $5,000 * 1.12 = $5,600
Year 3: $6,000
Step 2: Calculate the future value (FV) of the initial investment at the project's required return of 12%.
$10,000 * (1 + 0.12) ^ 3 = $10,000 * 1.4049 = $14,049
Step 3: Calculate the terminal value by summing up the future values of cash inflows and subtracting the future value of the initial investment.
Terminal Value = $5,017.60 + $5,600 + $6,000 - $14,049 = -$2,431.40
Step 4: Calculate the MIRR using the formula: MIRR = (Terminal Value / Present Value) ^ (1 / Number of Years) - 1.
MIRR = (-$2,431.40 / $10,000) ^ (1 / 3) - 1 = -0.2431 ^ 0.3333 - 1 ≈ -0.0617
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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On March 12. Medical Waste Services provides services on account to Grace Hospital for $9,000, terms 4/10,n30. Grace pays for those services on March 20. Required: For Medical Waste Services record the service on account on March 12 and the collection of cash on March 20. If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.)
Answers
The entries of Medical Waste Services relating to the services provided by the firm to Grace Hospital can be recorded as below.
A. On March 12, when Medical Waste Services provides services on account to Grace Hospital for $9,000, the journal entry will be:
1. Debit Accounts Receivable for $9,000
2. Credit Service Revenue for $9,000
Explanation:
When the service is provided on account, it means that Medical Waste Services expects to receive payment from Grace Hospital in the future. As a result, the company will record an increase in Accounts Receivable (an asset) and an increase in Service Revenue (a revenue account).
B. On March 20, when Medical Waste Services collects cash from Grace Hospital, the journal entry will be:
1. Debit Cash for $8,640 ($9,000 * (1-0.04), considering the 4% discount)
2. Credit Accounts Receivable for $8,640
Explanation: When Medical Waste Services receives the cash payment from Grace Hospital, they will record an increase in their Cash account (an asset) and decrease the Accounts Receivable account (also an asset) by the same amount, considering the 4% discount as per the terms provided (4/10,n30).
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Suppose the marginal propensity to consume (MPC) is either 0.75, 0.96, or 0.62.
a. For each value of the MPC, calculate the impact of a one-dollar decrease in taxes on GDP.
Instructions: Enter your responses rounded to one decimal place.
MPC Impact of a one-dollar decrease in taxes
0.75 0.96 0.62 b. For each value of the MPC, calculate the impact on GDP of a $250 million decrease in taxes.
Instructions: Enter your responses rounded to one decimal place.
MPC Impact on GDP
0.75 $
0.96 $
0.62 $
Answers
a. To calculate the impact of a one-dollar decrease in taxes on GDP, we will use the multiplier formula: Multiplier = 1 / (1 - MPC). Then, we will multiply this by the tax decrease (in this case, one dollar).
MPC 0.75: Multiplier = 1 / (1 - 0.75) = 4. Impact on GDP = 4 * (-$1) = -$4.0
MPC 0.96: Multiplier = 1 / (1 - 0.96) = 25. Impact on GDP = 25 * (-$1) = -$25.0
MPC 0.62: Multiplier = 1 / (1 - 0.62) = 2.6. Impact on GDP = 2.6 * (-$1) = -$2.6
b. We will use the same formula as above, but this time, we will multiply the multiplier by the tax decrease of $250 million.
MPC 0.75: Impact on GDP = 4 * (-$250 million) = -$1,000 million
MPC 0.96: Impact on GDP = 25 * (-$250 million) = -$6,250 million
MPC 0.62: Impact on GDP = 2.6 * (-$250 million) = -$650 million
Your answer:
a. MPC | Impact of a one-dollar decrease in taxes
0.75 | -$4.0
0.96 | -$25.0
0.62 | -$2.6
b. MPC | Impact on GDP
0.75 | -$1,000 million
0.96 | -$6,250 million
0.62 | -$650 million
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The law of demand relates primarily to which of the following?
A
the actions of producers in response to changes in prices
B
the actions of producers in response to changes in production costs
C
the actions of consumers in response to changes in prices
D
the actions of consumers in response to changes in production costs
Answers
C. The actions of consumers in response to change in price.
Explanation:
Law of demand states that people will demand lower quantity of a good at a higher price. This law is one the fundamental principles of Economics.
The law of demand relates primarily to the actions of consumers in response to changes in prices. Thus option (C) is correct.
What is demand?A demand of a product or a commodity is how much a consumer is willing and able to pay for a product at a given time.
The law of demand states the relationship between price and quantity demanded, ceterus paribus. It states that when the price of a product increases its demand decreases, other things remaining constant and vice versa.
The graphical representation of the law of demand is known as demand curve . When the tuition fees of a college falls then the demand for college enrollment will rise.
The law of demand relates primarily to the actions of consumers in response to changes in prices. Therefore, option (C) is correct.
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why might you want to file your tax return on time anyway?
Answers
There are several reasons why you might want to file your tax return on time, even if you cannot pay the full amount of taxes owed:
Avoiding Penalties: If you file your tax return late, you may be subject to penalties and interest charges. These penalties can be quite significant and can add up quickly.Avoiding Interest Charges: If you don't file your tax return on time, you may also be subject to interest charges on the amount of tax you owe. These interest charges can also add up quickly and increase the total amount you owe.Qualifying for Refunds: If you are entitled to a refund, you need to file your tax return to receive it. Filing your tax return on time ensures that you receive any refund you are owed as soon as possible.Meeting Deadlines: Filing your tax return on time also helps you meet other deadlines that may be tied to your tax return. For example, if you need to file your FAFSA for financial aid, you may need information from your tax return. Similarly, if you are applying for a loan, the lender may need to see your tax return to verify your income.In short, even if you cannot pay the full amount of taxes owed, it's generally a good idea to file your tax return on time to avoid penalties, interest charges, and to ensure that you receive any refunds owed to you.
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which one of the following items is a source of cash from financing activities in the statement of cash flows? a. Sale of property, purchase of equity securities, loans to others. b. Sale of goods, receipt of dividends, repurchase of firm's own stock. c. Proceeds from borrowing, payment of dividends, receipt of dividends. d. Payment to lenders, proceeds from issuing common stock, revenue.
Answers
Option c is correct. The following items, which are sources of funds from financing activities in the statement of cash flows, are proceeds from borrowings, dividend payments, and dividend receipts.
Cash Flows from Financing Activities (CFF) is a section of a company's cash flow statement that shows the net cash flows used to fund the company.
Cash flow from financing activities gives investors an indication of a company's financial strength and how well the company's capital structure is managed.
Cash flows from financing activities is the section of a company's cash flow statement that shows the net cash flows used to fund the company. This depends on the company's different capital structures, dividend policies, or debt situations.
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What is the annual profit when the income is $200,000.00 and the expenses are $150,000.00
Answers
Answer:
╭┄┈┄────────❥Let us take the example of a company with total revenue of $200,000 and explicit costs of $150,000. Calculate the economic profit of the company if the implicit costs are $30,000. Therefore, the company earned economic profit of $20,000.
alternative sources of start-up funding available to young South African entrepreneurs
Answers
The sources of capital that are available to the young entrepreneurs in South Africa would be:
grantsIDF CapitalFinance agenciesLulalend Business Funding.What is meant by finance capital?This is the term that is used to refer to the money that a person would need in order to be able to start a business. It is the money that is needed to get things in an operational form.
The lack of capital is one of the issues that face the growth of the entrepreneurial business world in South Africa as a lot of people do not have the money with which to build on.
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please help me,its economics, what is the other for real GDP and nominal GDP
Answers
Answer:
The main difference between nominal GDP and real GDP is the adjustment for inflation. Since nominal GDP is calculated using current prices, it does not require any adjustments for inflation. ... Using a GDP price deflator, real GDP reflects GDP on a per quantity basis.
Globalization has affected developed countries by encouraging new products. providing a solid consumer base. turning their focus to providing services. increasing employment for unskilled workers.
Answers
Answer:
C
Explanation:
Edge 2022
Globalization has affected developed countries by turning their focus to providing services. Thus, the third option is correct.
What is globalization?Globalization is a phrase used to describe how trade and technology have connected and interdependent the world. Globalization encompasses the economic and societal developments that have resulted as well.
More jobs in nations where jobs are required are a byproduct of globalization, which can benefit the national economy and result in a greater standard of life. As the standard of living rose, more poor children quit employment and went to school.
Therefore, the primary focus of globalization is to provide services.
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grimm company has 2,400,000 shares of common stock outstanding on december 31, 2014. an additional 150,000 shares of common stock were issued on july 1, 2015, and 300,000 more on october 1, 2015. on april 1, 2015, grimm issued 6,000, $1,000 face value, 8% convertible bonds. each bond is convertible into 40 shares of common stock. no bonds were converted into common stock in 2015. what is the number of shares to be used in computing diluted earnings per share for the year ended december 31, 2015?
Answers
2,750,000 shares. The total number of shares to be used in computing diluted earnings per share for the year ended December 31, 2015 would be 2,750,000.
What is shares?Shares, also known as equities, are units of ownership in a company or other organization that provide the holder with certain rights, including the right to receive dividends, vote on important matters, and sell the shares. Shares are often traded on the stock market, which allows individuals and organizations to buy and sell shares to make a profit or raise capital. Shares are a key component of the world’s financial markets, and they provide a platform for companies to raise capital and for individual investors to diversify their portfolios and increase their wealth. Investing in shares can be risky, but with the potential of high returns, it can be an attractive option for investors.
This is calculated by adding the 2,400,000 shares of common stock outstanding on December 31, 2014 with the additional 150,000 and 300,000 shares issued on July 1, 2015 and October 1, 2015, respectively, as well as 6,000 x 40 (the number of shares each bond is convertible into) = 240,000 shares for a total of 2,750,000.
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Breton Woods Standards were found to be inadequate mainly because?
Answers
Answer:
A key reason for Bretton Woods' collapse was the inflationary monetary policy that was inappropriate for the key currency country of the system.
Explanation:
The US decision to suspend gold convertibility ended a key aspect of the Bretton Woods system. The remaining part of the System, the adjustable peg disappeared by March 1973.
Between October 1787 and May of 1788, what did the leaders do?
Answers
Between October 1787 and May of 1788, the leaders of the newly independent United States were involved in a series of debates and discussions regarding the ratification of the proposed United States Constitution.
What is Ratification?
Ratification is the act of formally approving or confirming a legal document or agreement.
In the context of the United States Constitution, ratification refers to the process by which the proposed Constitution was approved by the required number of states, thereby establishing it as the supreme law of the land.
During the ratification process, each state held a convention to consider the proposed Constitution, and a vote was taken to determine whether the state would ratify or reject it. The Constitution required ratification by at least nine of the thirteen states before it could go into effect.
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wagner excavating organized as a corporation on january 18 and engaged in the following transactions during its first two weeks of operation. jan. 18 issued capital stock in exchange for $400,000 cash.jan. 22 borrowed $100,000 from its bank by issuing a note payable.jan. 23 paid $200 for a radio advertisement aired on january 24.jan. 25 provided $5,000 of services to clients for cash.jan. 26 provided $18,000 of services to clients on account.jan. 31 collected $4,200 cash from clients for the services provided on january 26. a. record each of these transactions.b. determine the balance in the cash account on january 31. be certain to state whether the balance is debit or credit.
Answers
Transactions: Jan. 18: Capital Stock (Equity) +$400,000, Cash (Asset) +$400,000 Jan. 22: Cash (Asset) +$100,000, Note Payable (Liability) +$100,000
Jan. 23: Advertising Expense (Expense) +$200, Cash (Asset) -$200 Jan. 25: Cash (Asset) +$5,000, Service Revenue (Revenue) +$5,000 Jan. 26: Accounts Receivable (Asset) +$18,000, Service Revenue (Revenue) +$18,000 Jan. 31: Cash (Asset) +$4,200, Accounts Receivable (Asset) -$4,200 The balance in the cash account on January 31 is $400,600 (credit balance). a. Recording the transactions: On January 18, the issuance of capital stock increases equity (capital stock) by $400,000, and the corresponding asset (cash) also increases by $400,000. On January 22, borrowing $100,000 from the bank results in an increase in cash by $100,000 and the creation of a note payable liability for the same amount. On January 23, paying $200 for a radio advertisement represents an expense (advertising expense) and reduces cash by $200.
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Instead of letting their son borrow money from the bank, Andrea’s parents give her an
additional ₱500,000 and Andrea decided to place all his funds into a time deposit
account. If he is willing to wait for 5 years, at what interest rate should he be investing his money, at compounding interest, to raise ₱1,000,000?
Answers
To get a total of ₱1,000,000 from Andrea's ₱500,000 deposit, she should invest it in a term account with a compound interest rate of 5.2%. This means that the amount of interest earned on his deposit will be added to his principal for the next period and the interest will be calculated on the total amount.
This will allow him to earn a total of ₱1,000,000 in 5 years provided he does not make any further deposits or withdrawals. It's important to note that the exact interest rate can vary depending on the bank or financial institution you choose to invest with, so it's important to shop around for the best rate. In addition, the interest rate can change over time, so it is important to monitor his investment carefully to ensure that he gets the best return on his investment.
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Why do you think that most careers in the Education and Training cluster require a
college degree of some sort?
Answers
Answer:
Careers in the Education and Training cluster require a minimum college degree.
Explanation:
From my point of view, education is vital in today's world. Children are getting knowledge from school or colleges, so the teacher need to be educated. The teacher is the one who needs to share knowledge with the students.
The education of the Tutor is one of the major things that we need to consider when we are going to recruit a trainer/tutor. If the tutor is educated then only he/she will be able to teach the students. And this will affect the students too.
Only well-educated tutors can give proper lessons to children and brought up them with proper culture. The education center is the place where most of the children spent the time most of the time in a day. So it's the responsibility of a tutor to give them proper guidance. So a properly educated tutor can only be able to guide a child in the right way.
To help farmers and workers in developing nations secure trade deals is known as:
A. Real Trade
B. Domestic Trade
C. Fair Trade