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You know the following information about the Arab Bank: Gross Loans $300 Investment Sec. $150 Misc. Assets $50 Net Premises $40 Deposits $390 Surplus $5

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You know the following information about the Arab Bank: Gross Loans $300 Investment Sec. $150 Misc. Assets $50 Net Premises $40 Deposits $390 Surplus $5 ALL $50 Total Equity $50 Common stock par $5 Deposits $390 NDB $60 Total Assets $500 Gross Premises $70 Given this information, what is the Banks' Net Loans? Select one: O a. $250 b. $350 c. $500 O d. $150 e. $50

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