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NEW QUESTION: 1
Net asset value (NAV) of an investment company is equal to
A. the net value of its assets plus depreciation expense, divided by the number of shares outstanding.
B. the net value of its assets divided by the number of its shares outstanding.
C. the net value of its assets divided by the number of shares issued.
D. the net value of its assets plus depreciation expense.
E. the net value of its assets.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
An investment company sells shares in itself, and uses the proceeds to invest in a portfolio of individual investments such as stocks and bonds. If such a company sold 1 million shares for $50 dollars each, it would invest $50 million (minus commissions) into things like government bonds or speculative stocks. If the value of this portfolio increased to $60 million, the NAV would increase to $60.

NEW QUESTION: 2

A. Option D
B. Option C
C. Option A
D. Option B
Answer: D

NEW QUESTION: 3
A manager is concerned that creating hundreds of identical virtual machines is needlessly taking up too much storage apace. Which vRealize Automation feature will help avoid this issue?
A. Snapshots
B. Templates
C. Storage DRS
D. Linked Clones
Answer: D