A Mutual Fund Had Year-End Assets of $250,000,000 and Liabilities

question 64

Multiple Choice

A mutual fund had year-end assets of $250,000,000 and liabilities of $4,000,000. There were 3,750,000 shares in the fund at year end. What was the mutual fund's net asset value?

• A) $92.53
• B) $67.39
• C) $63.24
• D) $65.60
• E) $17.46

Recognize the significance of body image in patient psychosocial development and care.

Understand sexual health and physiological changes across the lifespan and their implications for care.

Implement patient-centered care by involving patients in decision-making and recognizing nonverbal cues.

Explain factors contributing to self-esteem in patients of different age groups.

---

Definitions:

Salary Expense

The total amount paid to employees for their services during a specific period, excluding hourly wages.

Shoe Department

A specialized section within a store or business dedicated to selling shoes.

Direct Expense

Direct expense refers to costs that can be directly attributed to the production of specific goods or services, such as raw materials and labor.

Shoe Department

A specific section within a store or company dedicated to the sale and display of shoes.