You are given the following information:. New Empire Small Cap Fund
Total assets $760 million
Total liabilities $ 30 million
Total number of shares 50 million
Calculate the net asset value for the New Empire small-cap mutual fund. (Round your answer to 2 decimal places.)

On june 3, teal company sold to chester company merchandise having a sale price of $2,600 with terms of 2/10, n/60, f.o.b. shipping point. an invoice totaling $91, terms n/30, was received by chester on june 8 from john booth transport service for the freight cost. on june 12, the company received a check for the balance due from chester company. prepare journal entries on the teal company books to record all the events noted above under each of the following bases. (1) sales and receivables are entered at gross selling price. (2) sales and receivables are entered at net of cash discounts.