The New American Enterprise Mutual Fund's portfolio assets at the close of the day were $120 million. The fund has liabilities of $4 million, and the investment company sponsoring the fund has issued 5,800,000 shares. What is the fund's net asset value

Liberty capital had seen its net income increase dramatically from the previous year, yet over the same period of time, its net cash provided from operations had decreased. which of the following would explain how this situation came about? liberty's expenditures on fixed assets had declined. liberty's depreciation and amortization expenses had declined. liberty's interest expense had increased. liberty's cost of goods sold had increased.