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Consider the following list of entries that might appear on the balance sheet of a commercial bank. All figures are millions of dollars. Shareholders' equity
Consider the following list of entries that might appear on the balance sheet of a commercial bank. All figures are millions of dollars. Shareholders' equity 200 Demand deposits 1 comma 500 Foreign-currency reserves 2 comma 000 Deposits at the Bank of Canada 50 Mortgage loans 700 Notice (term) deposits 1 comma 200 Government deposits 60 Cash reserves 210 TABLE 11minus1 Refer to Table 11minus1. What are the total liabilities on the balance sheet of this commercial bank
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