Extract of statement of Income and Expenditure for the Financial Years Ended 31 August 2020 2020 (RM) 2019 (RM) 2018 (RM) Investment Income 45,335,069 13,237,244 19,474,895 Expenses -6,039,755 -2,270,688 -1,853,602 Net Income before taxation 39,295,314 10,966,556 14,621,293 Net Income after taxation 39,335,238 10,953,497 17,551,931 Extract of statement of Asset and Liabilities as at 31 August 2020 2020(RM) 2019 (RM) 2018 (RM) Total Investments 501,519,061 154,032,209 84,711,928 Other Assets 6,732,463 9,085,056 3,173,994 Total Assets 508,251,524 163,117,265 87,885,922 Total Liabilities -3,411,047 -2,276,421 -255,684 Number of Unit in Circulation 500,000,000 500,000,000 500,000,000 NAV/Unit Holder’s Capital per share Based on the historical financial highlights extracted of statement of income and expenditure, calculate the Net Asset Value (NAV) per share of the respective funds?
Extract of statement of Income and Expenditure for the Financial Years Ended 31 August 2020 2020 (RM) 2019 (RM) 2018 (RM) Investment Income 45,335,069 13,237,244 19,474,895 Expenses -6,039,755 -2,270,688 -1,853,602 Net Income before taxation 39,295,314 10,966,556 14,621,293 Net Income after taxation 39,335,238 10,953,497 17,551,931 Extract of statement of Asset and Liabilities as at 31 August 2020 2020(RM) 2019 (RM) 2018 (RM) Total Investments 501,519,061 154,032,209 84,711,928 Other Assets 6,732,463 9,085,056 3,173,994 Total Assets 508,251,524 163,117,265 87,885,922 Total Liabilities -3,411,047 -2,276,421 -255,684 Number of Unit in Circulation 500,000,000 500,000,000 500,000,000 NAV/Unit Holder’s Capital per share Based on the historical financial highlights extracted of statement of income and expenditure, calculate the Net Asset Value (NAV) per share of the respective funds?
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter9: Long-term Liabilities
Section: Chapter Questions
Problem 103.1C: Leverage Cook Corporation issued financial statements at December 31, 2019, that include the...
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Extract of statement of Income and Expenditure for the Financial Years Ended 31
August 2020
| 2020 (RM) | 2019 (RM) | 2018 (RM) | |
| Investment Income | 45,335,069 | 13,237,244 | 19,474,895 |
| Expenses | -6,039,755 | -2,270,688 | -1,853,602 |
| Net Income before |
39,295,314 | 10,966,556 | 14,621,293 |
| Net Income after taxation | 39,335,238 | 10,953,497 | 17,551,931 |
Extract of statement of Asset and Liabilities as at 31 August 2020
| 2020(RM) | 2019 (RM) | 2018 (RM) | |
| Total Investments | 501,519,061 | 154,032,209 | 84,711,928 |
| Other Assets | 6,732,463 | 9,085,056 | 3,173,994 |
| Total Assets | 508,251,524 | 163,117,265 | 87,885,922 |
| Total Liabilities | -3,411,047 | -2,276,421 | -255,684 |
| Number of Unit in Circulation | 500,000,000 | 500,000,000 | 500,000,000 |
| NAV/Unit Holder’s Capital per share |
Based on the historical financial highlights extracted of statement of income and expenditure, calculate the Net Asset Value (NAV) per share of the respective funds?
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