Answer Posted / pramodsing patil
Value of a mutual fund's share (unit) computed daily at the close of financial markets. Also called bid price, NAV per share, or NAV per unit. Formula: (Market value of each security in the fund's portfolio + All other assets - All liabilities) รท Number of outstanding shares (units).
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
How is the expenditure of developing a modified product treated?
WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?
what is corporate accounting?
what is ledger account
What si the differance between REVENUE and PROFIT?
what is the reason for balance sheet not getting tallyed
What is SOX
how history is helpful for banking?
I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes
Short Answer on __________Leverage
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
what is the difference between accounts manager and finance manager?
What is mean by Reserve on Consolidation?
Expand---------DEP
different between acconting and elective mathematics