Multiple Choice
Consider the following balance sheet situation of ABC bank: its total assets consist of loans of $50 and bonds of $350; and its total liabilities consist of deposits of $400 and debt of $100. What is the capital of ABC bank?
A) $50.
B) - $100.
C) $0.
D) $100.
E) - $50.
Correct Answer:
Verified
Correct Answer:
Verified
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