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Fund's net asset value

The Neptune Value Fund has sold 150,000 shares to investors. Currently the fund has accrued investment management fee obligations of $50,000. The fund's portfolio is shown below. Calculate the fund's net asset value

Stock A $50,000 $10 per share

Stock B $20,000 $7 per share

Stock C $35,000 $30 per share

Stock D $10,000 $100 per share

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As per investopedia: In terms of corporate valuations, the value of assets less liabilities ...

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This help in computation of fund's net asset value