Solved

If a Commercial Bank Has Liabilities Valued at $150 Million,a

Question 71

Multiple Choice

If a commercial bank has liabilities valued at $150 million,a net worth of $50 million and assets (not including loans) of $180 million,what is the value of the bank's loans?


A) $180 million
B) $200 million
C) $20 million
D) $280 million
E) $80 million

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents