×

Let's log you in.

or

Don't have a StudySoup account? Create one here!

×

or

BUSN380 Week 7 TCOs 6 &amp; 7 Problem Set 7 &acirc;€“ Calculating Net Asset Value, Net Worth, Rate o

by: smartwriter Notetaker

27

0

0

BUSN380 Week 7 TCOs 6 &amp; 7 Problem Set 7 &acirc;€“ Calculating Net Asset Value, Net Worth, Rate o

Marketplace > BUSN380 Week 7 TCOs 6 amp 7 Problem Set 7 acirc Calculating Net Asset Value Net Worth Rate o
smartwriter Notetaker
CSU - Dominguez hills
GPA 3.0

No professor available

These notes were just uploaded, and will be ready to view shortly.

Either way, we'll remind you when they're ready :)

Get a free preview of these Notes, just enter your email below.

×
Unlock Preview

BUSN380 Week 7 TCOs 6 &amp; 7 Problem Set 7 &acirc;€“ Calculating Net Asset Value, Net Worth, Rate o
COURSE
PROF.
No professor available
TYPE
Study Guide
PAGES
0
WORDS
KARMA
50 ?

Popular in Department

This 0 page Study Guide was uploaded by smartwriter Notetaker on Sunday November 15, 2015. The Study Guide belongs to a course at a university taught by a professor in Fall. Since its upload, it has received 27 views.

×

Reviews for BUSN380 Week 7 TCOs 6 &amp; 7 Problem Set 7 &acirc;€“ Calculating Net Asset Value, Net Worth, Rate o

×

×

What is Karma?

You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!

Date Created: 11/15/15
Problem Set 7 1 Calculating Net Asset Value Given the information below calculate the net asset value for the Boston Equity mutual fund Total assets 225000000 Total liabilities 5000000 Total number of shares 4400000 Ans NVA Value of portfolio Liabilities No shares outstanding Thus 225000000 5000000 220000000 220000000 4400000 2 Calculating the Rate of Return of Investment Using Financial Leverage Suppose Shaan invested just 10000 of his own money and had a 90000 mortgage with an interest rate of 85 percent If after three years he sold the property for 120000 Ans a What is his gross pro t Selling Price Purchase Price 120000 100000 b What is his net pro tloss Gross Profit Interest Paid for 3 years 20000 90000 X 085 7650 X 3 20000 22950 c What is the rate of return on investment 2950 20000 3 Shelly s assets include money in the checking and savings accounts investments in stocks and mutual funds personal property such as furniture appliances an automobile coin collection and jewelry Shelly calculates that her total assets are 108800 Her current unpaid bills including an auto loan credit card balances and taxes total 16300 Calculate Shelly s net worth Ans Assets Liabilities Net Worth 108900 16300 4 Barry and his wife Mary have accumulated over 4 million during their 45 years of marriage They have three children and ve grandchildren A How much money can Barry and Mary gift to their children in 2008 without any gift tax liability Ans Gift Tax Allowance for 2008 12000 No of children 3 No of donors 2 12000x3x2 B How much money can Barry and Mary gift to their grandchildren Ans Gift Tax Allowance for 2008 12000 No of grandchildren 5 No of donors 2 12000x5x2 C What is the total amount of estate removed from Barry and Mary s estate Ans 72000 120000 5 Dave bought a rental property for 200000 cash One year later he sold it for 240000 A What was the return on his 200000 investment Ans ROI Profit Investment Thus 240000 200000 40000 40000 200000 02 B Suppose Dave invested only 20000 of his own money and borrowed 180000 interest free from his rich father What was his return on investment Ans Profit Investment Profit 40000 240000 200000 40000 20000

×

50 Karma

×

×

Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'

Why people love StudySoup

Bentley McCaw University of Florida

"I was shooting for a perfect 4.0 GPA this semester. Having StudySoup as a study aid was critical to helping me achieve my goal...and I nailed it!"

Amaris Trozzo George Washington University

"I made \$350 in just two days after posting my first study guide."

Steve Martinelli UC Los Angeles

Forbes

"Their 'Elite Notetakers' are making over \$1,200/month in sales by creating high quality content that helps their classmates in a time of need."

Become an Elite Notetaker and start selling your notes online!
×

Refund Policy

STUDYSOUP CANCELLATION POLICY

All subscriptions to StudySoup are paid in full at the time of subscribing. To change your credit card information or to cancel your subscription, go to "Edit Settings". All credit card information will be available there. If you should decide to cancel your subscription, it will continue to be valid until the next payment period, as all payments for the current period were made in advance. For special circumstances, please email support@studysoup.com

STUDYSOUP REFUND POLICY

StudySoup has more than 1 million course-specific study resources to help students study smarter. If you’re having trouble finding what you’re looking for, our customer support team can help you find what you need! Feel free to contact them here: support@studysoup.com

Recurring Subscriptions: If you have canceled your recurring subscription on the day of renewal and have not downloaded any documents, you may request a refund by submitting an email to support@studysoup.com