Choose two financial institutions and look up their balance sheets online. (For example, Yahoo! Finance provides these

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Choose two financial institutions and look up their balance sheets online. (For example, Yahoo! Finance provides these data in an easily accessible form at finance.yahoo.com/q/bs?s=GS.) What is the leverage ratio of the two companies you’ve chosen? For each $100 of assets, how much is financed with equity and how much with debt? By what percentage would assets have to decline in value to bankrupt these financial institutions?
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Macroeconomics

ISBN: 978-0393923902

3rd edition

Authors: Charles I. Jones

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