1. Based on the historical financial highlights extracted of statement of income and expenditure, calculate the Net Asset Value (NAV) per share of the respective funds?
1. Based on the historical financial highlights extracted of statement of income and expenditure, calculate the Net Asset Value (NAV) per share of the respective funds?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
| 2020 (RM) | 2019 (RM) | 2018 (RM) | |
| Investment Income | 45,335,069 | 13,237,244 | 19,474,895 |
| Expenses | -6,039,755 | -2,270,688 | -1,853,602 |
| Net Income before |
39,295,314 | 10,966,556 | 14,621,293 |
| Net Income after taxation | 39,335,238 | 10,953,497 | 17,551,931 |
| 2020(RM) | 2019 (RM) | 2018 (RM) | |
| Total Investments | 501,519,061 | 154,032,209 | 84,711,928 |
| Other Assets | 6,732,463 | 9,085,056 | 3,173,994 |
| Total Assets | 508,251,524 | 163,117,265 | 87,885,922 |
| Total Liabilities | -3,411,047 | -2,276,421 | -255,684 |
| Number of Unit in Circulation | 500,000,000 | 500,000,000 | 500,000,000 |
| NAV/Unit Holder’s Capital per share |
1. Based on the historical financial highlights extracted of statement of income and expenditure, calculate the Net Asset Value (NAV) per share of the respective funds?
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