What is the NAV of the company whose total assets of mutual fund amounted to ₱40M and total liabilities of ₱8M, with 3M shares outstanding? a. ₱10.73 b. ₱10.67 c. ₱10.68 d. ₱10.76

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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What is the NAV of the company whose total assets of mutual fund amounted to ₱40M and total liabilities of ₱8M, with 3M shares outstanding?
a.
₱10.73
b.
₱10.67
c.
₱10.68
d.
₱10.76
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