Question
Balance Sheet Analysis for Bank of America Corporation Items Amount (in millions) Total Assets $300,000 Total Liabilities $250,000 Total Equity [Calculation 25] Cash and Cash
Balance Sheet Analysis for Bank of America Corporation
Items Amount (in millions)
Total Assets $300,000
Total Liabilities $250,000
Total Equity [Calculation 25]
Cash and Cash
Equivalents
$100,000
Loans and Leases $150,000
Deposits $200,000
Common Stock $50,000
Calculate the following:
a) Total Equity
b) Debt Ratio
c) Loan-to-Deposit Ratio
d) Return on Assets (ROA)
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Intermediate Accounting
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
1st edition
978-0133251579, 133251578, 013216230X, 978-0134102313, 134102312, 978-0132162302
