Solved

A Bank Balance Sheet Consists of Only the Following Items

Question 13

Multiple Choice

A bank balance sheet consists of only the following items:  Deposits $1,000 Reserves $100 Securities $400 Debt $500 Loans $2,000\begin{array} { l l } \text { Deposits } & \$ 1,000 \\\text { Reserves } & \$ 100 \\\text { Securities } & \$ 400 \\\text { Debt } & \$ 500 \\\text { Loans } & \$ 2,000\end{array} What is the value of bank capital?


A) -$1,000
B) +$500
C) +$1,000
D) +$1,500

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions