Which of the following is an asset for a bank?
A) deposits of its customers
B) short-term borrowing
C) shareholders' equity
D) loans
Correct Answer:
Verified
Q130: Suppose a transaction changes the balance sheet
Q131: Net worth is
A)a measure of a firm's
Q132: Typically,a bank's largest asset is its
A)reserves.
B)holdings of
Q133: Which of the following is a true
Q134: Reserves of a bank equal its
A)vault cash.
B)deposits
Q136: Suppose you deposit $2,000 into Bank of
Q137: If the required reserve ratio is 5
Q138: When you open a checking account at
Q139: If the bank of Waterloo receives a
Q140: A bank's largest liability is its
A)short-term borrowing.
B)long-term
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