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After reading all the available information carefully, prepare a two page (double-spaced) essay presenting the consulting firm and answer the following questions: A bank balance
After reading all the available information carefully, prepare a two page (double-spaced) essay presenting the consulting firm and answer the following questions:
- A bank balance sheet is different from that of a typical company. Explain the differences.
- Looking on the percentages, comment on the Assets and Liabilities of the above Balance sheet. Why do bank managers prefer Loans over Securities? Why is cash only 4%?
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