The Coppock Bank has $34,000,000 in deposits.If total liabilities and net worth are $47,000,000,loans are $25,000,000,and borrowings are $7,000,000,what is the amount of assets?
A) $5,000,000
B) $34,000,000
C) $47,000,000
D) $106,000,000
E) $123,000,000
Correct Answer:
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