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ABE Banc has the following asset categories: Cash $1 million Securities $4 million Loans ? Other Assets $2 million Total Assets ? a. What would

ABE Banc has the following asset categories:

Cash $1 million

Securities $4 million

Loans ?

Other Assets $2 million

Total Assets ?

a. What would be the bank's total assets if the loans were twice the size of the amount of securities?

b. If total assets were $12 million, what would be the amount of the loans?

c. If total assets were $11 million and $1 million of securities were sold with the proceeds placed in the cash account, what would be the amount of the loans?

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