Solved

If a Bank Has $950,000 Million in Liabilities and $50,000

Question 2

Multiple Choice

If a bank has $950,000 million in liabilities and $50,000 in net worth, its assets must equal _____

A) $50,000.
B) $1,050,000.
C) $50,000,000.
D) $1,000,000.
E) $950,000.

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