Assume that the market value of assets is $120 and the market value of liabilities is $90.What is the bank's net worth?
A)$210
B)$30
C)-$30
D)None of the listed options are correct.

Name: Assume that the market value of assets is $120 and the market value of liabilities is $90.What is the bank's net worth? A)$210 B)$30 C)-$30 D)None of the listed options are correct.
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Question

Quizplus · Accepted Answer

The bank's net worth can be calculated as assets - liabilities which is $120 - $90 = $30. Therefore, the correct answer is B.

Assume That the Market Value of Assets Is $120 and the Market