Question: please show work & formula 85. You know the following information about the Miller State Bank: Gross loans Miscellaneous assets Deposits Total equity Common stock
please show work & formula
85. You know the following information about the Miller State Bank: Gross loans Miscellaneous assets Deposits Total equity Common stock par Non-deposit borrowings Investment securities Net premises Surplus Allowance for loan losses Total assets Gross premises $300 50 390 50 5 60 150 40 5 50 500 70 Given this information, what is the value of this firm's total liabilities plus equity? A. $250 B. $450 C. $150 D. $50 E. $500
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