Calculate the net asset value, Inn, dollars and the number of shares purchase for the mutual fund. Round shares to thousandths( three decimal places)? (The net asset value is correct I put for shares purchase 805 and it’s wrong)

Calculate the net asset value, Inn, dollars and the number of shares purchase for the mutual fund. Round shares to thousandths( three decimal places)? (The net asset value is correct I put for shares purchase 805 and it’s wrong)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

100%

20
9.
Total Assests
Total
Shares outstanding Net Asset value offer Price Total Investment
$25,000,000 $6,500,000 2,000,000
loti abilities
$9.94 $8,000
S
Shaes
Purchased
tab
cans

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