Answer:
Database
Explanation:
If we want to manage the information for more than one thing then the database is used. As it is a collection of the data which stores all the important and valuable information of the business organization.
The data is stored electronically if you want to edit, update or access then you can easily do it.
The examples are - Microsoft Access, Oracle, etc
So, the database can store much information as per your wants
Answer:
total cost incurred 2,250,000
Explanation:
From the inventory identity we solve for the added materials:
Beginning raw 390,000
purchase 890,000
ending raw (340,000)
added materials 940,000
Then, we solve for the cost adeed during the period, which are the cost incurred during the period:
added materials 940,000
labor 670,000
applied overhead 640,000
total cost incurred 2,250,000
The New American Enterprise Mutual Fund's net asset value (NAV) per share is approximately $27.90.
1. First, we need to determine the fund's net assets. To do this, subtract the fund's liabilities from its total portfolio value:
Net Assets = Portfolio Value - Liabilities
Net Assets = $175,000,000 - $4,800,000
Net Assets = $170,200,000
2. Next, we need to calculate the NAV per share. To do this, divide the fund's net assets by the total number of shares issued:
NAV per Share = Net Assets / Total Shares Issued
NAV per Share = $170,200,000 / 6,100,000
NAV per Share ≈ $27.90
So, the New American Enterprise Mutual Fund's net asset value (NAV) per share is approximately $27.90. This value represents the price at which investors can buy or sell shares of the fund, and it is an essential metric for evaluating a mutual fund's performance.
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