Alcohol is most effective when used as a __________ solution. 25% 60% 70% 95% 100%

Business

1 answer:

Marta_Voda [28]2 years ago

8 0

Alcohol is most effective when used as a 70% solution.

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Nezzie invests in 300 shares of stock in the fund shown below. Name of Fund NAV Offer Price LKIT Mid-Cap $16. 58 $16. 99 Nezzie

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The correct amount of net asset value is $33. 66. Net asset value is termed as the value of the asset after the evaluation of the company's profit and evaluating the paid-off debt of the firm.

Computation of the total net value:

$\begin{aligned}\text{The Total Net Value}&=(\text{ Number of shares} \times \text{Offer price}) + \text{profit}\\\text{The Total Net Value}&= 300 \:\rm shares \times \$16.99 + \$5000\\\text{The Total Net Value}&=\$10,097\end{aligned}$

The computation of the net asset value is:

$\begin{aligned} \text{The Net Asset Value}&=\dfrac{\text{ Total Net Value}}{\text{Total Outstanding Shares}} \\\text{The Net Asset Value}&= \frac{\$10097}{300\:\rm shares} \\ \text{The Net Asset Value}&= \$33.66\end{aligned}$

Therefore, the correct option is D.

To know more about the calculation of the net asset value, refer to the link below:

brainly.com/question/2718055

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Which of the following terms refers to a promise made to lenders by a borrower?

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Covenant.

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A covenant in business context refers to a formal debt agreement between a lender and a company that specific actions will or will not be undertaken.

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