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The Owner's Equity for commercial banks in 2017-2018 is $0.4 billion.
The given is,
Borrowings = $0.10 Billion
Owner's Equity = $0.40 Billion
<h3 /><h3>What is the formula for the total liabilities?</h3>
Total liabilities = deposits + borrowings
So we have Borrowings = total liabilities - deposits
Borrowings in 2017
= $14.60 - 11.90
= $2.70 billion
Borrowings in 2018
= $14.80 - $12.20
= $2.60 billion
Borrowings from 2017-2018
= 2.60 - 2.70
= $0.10 billion
Owner's Equity= total assets - total liabilities
Owner’s equity in 2017
= $16.2 - $14.6
= $1.6 billion
Owner’s equity in 2018
= $16.8 - $14.8
= $2 billion
Owner's Equity from 2017-2018
= 2 - 1.6
= $0.4 billion
To learn more about the Borrowings visit:
brainly.com/question/15948713
Answer:
4
Step-by-step explanation:
Hurley drank between 4 and 5 liters of water for 8 different days and drank between 1 or 2 liters of water on 4 different days. To find the answer we have to use the following equation.
# of days Hurley drank (4-5 L) - # of days Hurley drank (1-2 L) = # of more days
8 - 4 = 4
Answer:
$12.60
Step-by-step explanation:
6% of 210 is .06 x 210 which equals 12.60
