QUESTION 83 On Monday PBC (Peanut Butter & Chocolate Candy Company's entire balance sheet comprised real assets of $500 million and cash of $50 million it had no debt (nor preferred shares) On Tuesday PBS established a line of credit for $100 million with BBB (Big Bad Bank) On Wednesday morning PBC drow down $20 million from its credit line and kept it in cash for later use. Which of the following is correct regarding PBC Wednesday afternoon? Debt of 100 million and assets of $550 million Debt of 100 million and assets of $650 million Debt of $20 million and assets of 5570 million Debt of $20 million and assets of $650 million Debt of $20 million and assets of $830 million QUESTION 84 You open a deposit with Capital ("What Can I Take Out Of Your Wallet) Bank The bank uses most of your money to make a loan to Jungle Jum's Gym. Which of the following is correct? Choose TWO The deposit is your asset The loan is your asset The loan is the bank's liability The loan is the bank's asset The deposit is your liability