Question
4. The following entries are from a hypothetical balance sheet of a U.S. bank (in billions) Cash in vault and ATMs $121 Checkable Deposits $275
4. The following entries are from a hypothetical balance sheet of a U.S. bank (in billions) Cash in vault and ATMs $121 Checkable Deposits $275 Treasury securities $311 Deposits with the Federal Reserve $190 Commercial and industrial loans $232 Long-term bonds (issued by the bank) $429 Real estate loans $470 Interest-bearing deposits $728 Buildings and equipment $20 Other assets $703 Other liabilities $471 4a) Construct a balance sheet out of these transactions. 4b) Based on the balance sheet you constructed in 4a, what is the value of bank equity
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