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A Bank's Assets Are $670 Million and Its Liabilities Are

Question 135

Multiple Choice

A bank's assets are $670 million and its liabilities are $490 million,which means that the bank's net worth (bank capital) is ____________________.If the bank's assets rise by 6% at the same time that its liabilities rise by 4%,the bank's new net worth will then be _______________.


A) $1,160 million; $168.8 million
B) $180 million; $168.8 million
C) $100 million; $104 million
D) $580 million; $160.5 million

Correct Answer:

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