Multiple Choice
A bank's net worth is equal to its
A) assets plus its liabilities.
B) assets minus its liabilities.
C) liabilities minus its assets.
D) profits plus its assets.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q245: (Last Word) How is the term "leverage"
Q246: When a check is drawn and cleared,
Q247: <span class="ql-formula" data-value="\begin{array} { | l |
Q248: <span class="ql-formula" data-value="\begin{array} { | l |
Q249: Cash held by a bank in its
Q251: Since 2009, how much has been borrowed
Q252: Commercial bank reserves are an asset to
Q253: One way to enhance the stability of
Q254: <span class="ql-formula" data-value="\begin{array} { | c |
Q255: The fact that reserves lost by any