I think that answer is 1.5
Answer: I'll be your friend
Explanation:
Is that username from Instagram?
Answer:
the total stockholders' equity will be $63,400
Explanation:
The Balance Sheet uses the Accounting Equation. Accounting Equation is stated as :
Assets = Equity + Liabilities
Also stated differently the Accounting equation will be
Equity = Assets - Liabilities
Where,
Assets = $68,800
Liabilities = $5,400
Therefore,
Equity = $68,800 - $5,400
= $63,400
Conclusion
The total stockholders' equity will be $63,400
Answer:
The correct answer is letter "D": accept deposits and make loans.
Explanation:
Commercial banks are the most common financial institutions there are allowing people have access to<em> deposits, loans, Certificate of Deposits (CDs), mortgages, credit cards, </em>and <em>mutual funds </em>among a wide variety of investment and credit instruments.
At a lower level, savings and loan associations and credit unions offer deposits and loans but the first ones share the money pooled among its members who share profits and credit unions are non-profit entities mainly formed by employees of the same organization.