Question: total assets and total liabilities do not match as they should. Do not worry about it, you can still solve the problem with those numbers.
The exchange rate S(EE) is 0.7204. A trader for Bank A, located in New York, buys $7,342,500 from Bank B, 1 in London. The balance sheets for the two banks are below. Show how the balance sheets change after the transaction. 4. Bank A New York - US f deposit at B $deposit at B Other assets Total Assets 123,579,000.00 $97,472.950.00 $87,421,876.00 $184,894.827.41 B's E deposits B's $ deposits Other L&E Total L&E 102,356,873.00 $74582, 149.00 S108,032,150.17 Bank B London - UK S deposit at A $74,582,149.00A's $ deposits $97,472,950.00 E deposit at A 102,356,873.00 A's E deposits 123,579,000.00 Other assets 108,372,806.38 Total Assets E6.520,111,629,721,830.00 Total L&E 8,521,268,380.206,010.00
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