ATM Banc has the following liabilities and equity categories deposits $9 million
ID: 2684553 • Letter: A
Question
ATM Banc has the following liabilities and equity categories deposits $9 million other liabilities $4 million owners capital ? total liabilities and capital ? a.) what would be the banks total liabilities and capital if owners capital were half the size of other liabilities? b.) if the total liabilities and capital were $15.5 million, what would be the amount of the owner,s capital? c.) if the total assets were $11 million, and $1 million of securities were sold with the proceeds placed in the cash account, what would be the amount of the loans?Explanation / Answer
ATM Banc has the following liabilities and equity categories deposits $9 million other liabilities $4 million owners capital ? total liabilities and capital ? a.) what would be the banks total liabilities and capital if owners capital were half the size of other liabilities? b.) if the total liabilities and capital were $15.5 million, what would be the amount of the owner,s capital? c.) if the total assets were $11 million, and $1 million of securities were sold with the proceeds placed in the cash account, what would be the amount of the loans?
a. What would be the bank’s total liabilities and capital if owners’ capital were half the size of other liabilities?
Deposits – 9 million
Other Liabilities – 4 million
Owners’ Capital - 2 million
TOTAL LIABILITIES AND CAPITAL = 15 Million
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b. If total liabilities and capital were $15.5 million, what would be the amount of the owners’ capital?
Deposits – 9 million
Other Liabilities – 4 million
OWNERS CAPITAL – 2.5 million
Total Liabilities and Capital – 15. 5 Million
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