In 2016, ____________ was(were) the most significant financial asset(s) of U.S.commercial banks in terms of total value.
A)loans and leases
B)cash
C)real estate
D)deposits

Question

Quizplus · Accepted Answer

Loans and leases represent the primary way that commercial banks generate revenue, so it is not surprising that they are the most significant financial asset of U.S. commercial banks. In 2016, the total value of loans and leases held by U.S. commercial banks was $9.1 trillion, while the total value of deposits was $12.4 trillion. Cash and real estate are also important financial assets for banks, but they are not as significant as loans and leases in terms of total value.

In 2016, ____________ Was(were) the Most Significant Financial Asset(s) of U.S.commercial