Considering the balance sheet for all commercial banks in the U.S., the net worth of banks is:

Question

Quizplus · Accepted Answer

The net worth of banks (also known as equity) is typically listed on the liabilities side of the balance sheet, and represents the value of the bank's assets minus its liabilities. According to recent data from the Federal Reserve, the average net worth of all commercial banks in the U.S. is about 11% of their total liabilities. Therefore, option A is the correct answer. Option B is incorrect because the net worth is not larger than total assets, and options C and D are incorrect because the net worth is not the same as or less than either total assets or total liabilities.

Considering the Balance Sheet for All Commercial Banks in the U.S