The Blue Star Fund has assets with a market value of $10.6 million and liabilities of $607,000. What is the net asset value if there are 185,000 shares outstanding?

The answer is $54.02

Explanation:

Net asset is the difference between total assets and total liabilities

Total assets are $10.6 million

Total liabilities are $607,000

= $10,600,000 - $607,000

Net assets = $9,993,000

Therefore, net asset value if there are 185,000 shares outstanding is Net assets/outstanding shares

$9,993,000/185,000

=$54.02

i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.

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