Question
   A mutual fund has the following assets and
liabilities: Assets: Stocks: $100 million Bonds: $50 million Cash: $10 million Liabilities: Accounts payable: $5 million Accrued expenses: $2 million What is the NAV per unit of the mutual fund if there are 10 million units outstanding?Solution
To calculate the NAV per unit, we first need to calculate the total net assets of the mutual fund. This can be done by subtracting the total liabilities from the total assets: Total net assets = $100 million + $50 million + $10 million - $5 million - $2 million = $153 million. NAV per unit = $153 million / 10 million units = $15.30
The HCF and LCM of the two numbers are 225 and 360 respectively. When the first number is divided by 3, the quotient is 20. The other number is.
What is the least number which when divided by 4, 6 & 8 leave a remainder 6 in each case & it is also divisible by 5?
Three numbers a, b and c are co-prime to each other such that ab = 221 and bc = 247. Find the value of (a + b + c).
The LCM of two numbers is 960 while their product is 7680. Find the greatest common divisor of the two numbers.
HCF of two numbers 60 and 100 can be expressed in the form of (25m – 80) whereas LCM of these two numbers can be expressed in the form of (40n – 20)...
LCM of two numbers is 56 times their HCF, with the sum of their HCF and LCM being 1710. If one of the two numbers is 240, then what is the other number?
The ratio of two numbers is 10:12 and their LCM is 240. The numbers are:
- The least common multiple (LCM) of two numbers is 144, and the numbers are in the ratio 4:6. Find their sum.
