ABC fund has assets worth Rs. 2,300,000 and accounts… – BBS Foundation of Financial Systems 2079 Solved

BBS Foundation of Financial Systems · 2079 · Solved Question with Answer

ABC fund has assets worth Rs. 2,300,000 and accounts payable Rs. 100,000. There are 200,000 shares outstanding. What is the net asset value?

Solution

ABC fund has assets worth Rs. 2,300,000 and accounts payable Rs. 100,000. There are 200,000 shares outstanding. What is the net asset value?