Multiple Mutual Funds Had Year-End Assets of $457,000,000 and Liabilities

question 5

Multiple Choice

Multiple Mutual Funds had year-end assets of $457,000,000 and liabilities of $17,000,000.There were 24,300,000 shares in the fund at year-end.What was Multiple Mutual's Net Asset Value?

• A)$18.11
• B)$18.81
• C)$69.96
• D)$7.00
• E)$181.07

---

Definitions:

Marijuana

A psychoactive drug derived from the Cannabis plant, used for medicinal or recreational purposes.

Experimentation

A method of scientific inquiry that involves manipulating variables to test hypotheses and determine causality.

Paranoia

A mental condition characterized by delusions of persecution, unwarranted jealousy, or exaggerated self-importance, typically elaborated into an organized system.

Meth

Short for methamphetamine, a highly addictive stimulant drug that affects the central nervous system.