Question
The following balance sheet accounts (in millions of dollars) have been taken from the annual report for a US bank. After arranging the accounts in
The following balance sheet accounts (in millions of dollars) have been taken from the annual report for a US bank. After arranging the accounts in balance sheet order, please determine the value of total assets.
Premises $1,188
Savings deposits 3,292
NOW accounts 14,816
Long-term debt 4,049
Other assets 2,391
Certificates of deposit 12,186
Net loans $30,981
Cash 3,660
Equity 4,272
Investment securities 6,334
Demand deposits 5,939
What is the value of total assets?
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Mergers Acquisition And Other Restructuring Activities
Authors: Donald M. Depamphilis
6th Edition
123854857, 978-0123854858
