Compute the Net Asset Value for a Share of a Mutual

question 129

Multiple Choice

Compute the net asset value for a share of a mutual fund with the following characteristics:
​
Market value of assets:
$6,257,562,000
Market value of liabilities:
$123,800,000
Number of shares outstanding:
134,430,000

• A)$46.55
• B)$47.47
• C)$50.55
• D)$45.63

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Definitions:

Human Capital

The aggregate of talents, insights, and invisible resources owned by people that have the potential to generate economic profit for the workers, their employers, or the community they live in.

Automation

The use of technology and machinery to perform tasks without human intervention, often improving efficiency.

Human Capital

The collective skills, knowledge, and other intangible assets of individuals that can be used to create economic value for themselves, their employers, or their community.

Retaining Workers

The practices and strategies employed by organizations to keep their employees engaged, satisfied, and committed to remain with the company.