Examlex

Solved

A Mutual Fund with $5

question 21

Multiple Choice

A mutual fund with $5.4 million in assets has 250,000 shares outstanding. If the fund has liabilities of $420,000, what is the NAV of the fund?


Definitions:

Record Selector Button

A control in database applications that allows users to select individual or multiple records from a list for processing or editing.

Record Deletion Button

An interface element in software applications that allows users to remove records or data entries from a database or system.

Column Heading

The label or name at the top of a column in a table or spreadsheet that describes the content in that column.

Field

A single item of data in a database table, often corresponding to a column in the table.

Related Questions