What is the net asset value of these shares

Assignment Help Financial Management
Reference no: EM131518845

Assume that you have recently purchased 100 shares in an investment company. Upon examining the balance sheet, you note that the firm is reporting $225 million in assets, $30 million in liabilities, and 10 million shares outstanding. What is the net asset value (NAV) of these shares? Show work

Reference no: EM131518845

Questions Cloud

Determine the effective annual rate of the trade credit : you will need to determine the Effective Annual Rate of the trade credit.
Minimum price in light of the dividend payment logistics : What will be the expected minimum price in light of the dividend payment logistics?
Effect by selecting increase-decrease and no change : Indicate the direction of the effect by selecting "increase" , "decrease" and "no change" from the dropdown menu.
Create a brochure for undergraduate students : Over the past week, you have reviewed a significant amount of information regarding the history of forensic psychology. Now, you will have a chance to organize.
What is the net asset value of these shares : What is the net asset value (NAV) of these shares? Show work
Differences between free cash flow and profits : What are some differences between "free cash flow" and "profits"?
Summary on forced conversion : summary on "forced conversion".
Increase in required rate of return on all bonds : Which bond would have the greatest change in value given a 1% increase in the required rate of return on all bonds?
Bond prices and interest rates are inversely related : Bond prices and interest rates are inversely related. That is, when rates go down, prices go up and vice-versa.

Reviews

Write a Review

Financial Management Questions & Answers

  What amount should the payments be if bogut plans

What amount should the payments be if Bogut plans to establish the $3,685,621 foundation at the end of 13 years?

  What is projects net present value if the tax rate

A project has an initial requirement of $310,000 for fixed assets and $62,000 for net working capital. The fixed assets will be depreciated using MACRS 3-Year Class. The project has an estimated salvage value of $160,000 and will be sold after 3 year..

  Cross hedge established by how many copper futures contracts

Sparks Electrical has just won the contract to wire a new high rise office building to be built in Phoenix. The contract requires the purchase and installation of 1,125 thousand feet of copper wire. A properly constructed cross hedge is established b..

  What is the price of the option if it is a european call

What is the price of the option if it is a European call? - What is the price of the option if it is an American call? - What is the price of the option if it is a European put?

  How purchase of apple press affect companys revenue goals

Do you think the company's revenue goal of $25 million by 2015 is realistic?- Explain how purchase of the apple press might affect the company's revenue goals.

  Allocate the joint costs using relative weight

Landmark Coal operates a mine. During July, the company obtained 500 tons of ore, which yielded 250 pounds of gold and 63,700 pounds of copper. The joint cost related to the operation was $500,000. Gold sells for $325 per ounce and copper sells for $..

  Risk is a major concern of almost all investors

Risk is a major concern of almost all investors. When shareholders invest their money in a firm, they expect managers to take risks with those funds.

  Why companies move into international operations

Which of the following is a reason why companies move into international operations? a. To take advantage of lower production costs in regions of inexpensive labor. b. To develop new markets for their finished products. c. To better serve their prima..

  Effective interest rate per compounding period corresponds

What effective interest rate per compounding period corresponds to the following interest rate?

  What are the proceeds of the issue for each company

Company XYZ enters into firm commitment underwriting agreement with Company ABC to issue 4200 of bonds with a 1,000 face value. Company ABC agrees to buy the bonds for $620 each and sells 84% of the issue in the market for $831 per bond. What are the..

  What is the price per share of the companys stock

Ward Corp. is expected to have an EBIT of $2,250,000 next year. What is the price per share of the company's stock?

  Maintain payout ratio have to be for firms EFN to be zero

Capstone Marketing Group has total assets of $6,348,000, sales of $3,429,945, and net income of $850,000. The company expects its sales to grow by 12 percent next year. All assets and costs (including taxes) vary directly with sales, and the firm exp..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd