ATM Banc has the following liabilities and equity categories: Deposits .............. $9 million Other liabilities ............ $4
Question:
ATM Banc has the following liabilities and equity categories:
Deposits .............. $9 million
Other liabilities ............ $4 million
Owners’ capital ............. ?
Total liabilities and capital ........ ?
a. What would be the bank’s total liabilities and capital if owners’ capital were half the size of other liabilities?
b. If total liabilities and capital were $15.5 million, what would be the amount of the owners’ capital (note: not loans)?
c. If total liabilities and capital were $14 million, and $1 million of deposits were withdrawn from the bank, what would be the amount of the owners’ capital?
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a If Owners capital equals 2 million 4 million x 5 Total liabilities and capital would ...View the full answer
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Related Book For
Introduction to Finance Markets Investments and Financial Management
ISBN: 978-1118492673
15th edition
Authors: Melicher Ronald, Norton Edgar
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