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The Correct answer is $6125 Explination please SECOND BANK PROVIDES THE FOLLOWING EQUITY DATA: REGULATORY EQUITY RELATED ACCOUNTS PREFERRED STOCKS 1,000.00 COMMON STOCKS 4,000.00 RETAINED

The Correct answer is $6125
Explination please
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SECOND BANK PROVIDES THE FOLLOWING EQUITY DATA: REGULATORY EQUITY RELATED ACCOUNTS PREFERRED STOCKS 1,000.00 COMMON STOCKS 4,000.00 RETAINED EARNINGS 3,000.00 CAPITAL NOTES 1,000.00 SUBORDINATED DEBT 4,000.00 RESERVE FOR LOAN LOSSES 800.00 RISK WEIGHTED ASSETS 60,000.00 How much is Tier 2? Select one: $6,038 $13,701 $6,475 NOT ENOUGH DATA TO ANSWER $7,226 $6,125 $6,088

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