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:
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Answer: C
<u>Step-by-step explanation:</u>
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Answer:
Step-by-step explanation:
4 times 4 is 16 so while both are in power so we can do this like that
Hi there!
Since
16 ounces = 1 pound,
We should divide 1480 by 16 and see if it equals 92.5.
1480 ÷ 16 = 92.5
92.5 = 92.5
Answer:
Yes.
Hope this helps!
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