$ ! You are given the following information: New Empire Small-Cap Fund Total assets Total liabilities Total number of shares Calculate the net asset value for the New Empire small-cap mutual fund. Note: Round your answer to 2 decimal places. Net asset value per shar e following information: all-Cap Fund ties of shares t asset value for the New ɔ mutual fund. ur answer to 2 decimal $ 948 million $ 20 million 60 million per share

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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$ !
You are given the following information:
New Empire Small-Cap Fund
Total assets
Total liabilities
Total number of shares
Calculate the net asset value for the New
Empire small-cap mutual fund.
Note: Round your answer to 2 decimal
places.
Net asset value
per shar
Transcribed Image Text:$ ! You are given the following information: New Empire Small-Cap Fund Total assets Total liabilities Total number of shares Calculate the net asset value for the New Empire small-cap mutual fund. Note: Round your answer to 2 decimal places. Net asset value per shar
e following information:
all-Cap Fund
ties
of shares
t asset value for the New
ɔ mutual fund.
ur answer to 2 decimal
$ 948 million
$ 20 million
60 million
per share
Transcribed Image Text:e following information: all-Cap Fund ties of shares t asset value for the New ɔ mutual fund. ur answer to 2 decimal $ 948 million $ 20 million 60 million per share
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