A bank has $150 million in assets and $90 million in liabilities.The bank's net worth is _____________ million and the bank is ____________.

Name: A bank has $150 million in assets and $90 million in liabilities.The bank's net worth is _____________ million and the bank is ____________.
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Question

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The bank's net worth is calculated as assets minus liabilities, which is $150 million - $90 million = $60 million. Since the net worth is positive, the bank is solvent.

A Bank Has $150 Million in Assets and $90 Million