The ________ is the value of the mutual fund's holdings, minus any debt, divided by the number of shares outstanding
A) net worth
B) market value
C) tangible value
D) net asset value
E) none of the above
Answer: D
You might also like to view...
What percentage of your waking day is spent communicating interpersonally?
A) 70 B) 50 C) 35 D) 25
Torts are ________ wrongs against persons or property.
A. public criminal B. private criminal C. private civil D. public civil
Bob and Bill allocate 2/3 of their partnership's profits and losses to Bob and 1/3 to Bill. The net income of the firm is $20,000. The journal entry to close the Income Summary will include ________. (Do not round any intermediate calculations.)
A) credit to Income Summary for $13,333 B) debit to Bob, Capital for $6667 C) credit to Bob, Capital for $13,333 D) credit to Income Summary for $20,000
While preparing the marketing plan for a new product line called Nature & Nurture, Jonas wrote the following: "The target Nature & Nurture customer is female, married, between the ages of 30 and 45, and has one or two children under the age o
She has completed college and some graduate work, and has a combined household income over $70,000 per year." This statement belongs in the ________ section of the marketing plan. A) company description, purpose, and goals B) marketing situation C) executive summary D) measurement and controls E) forecasting