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
The unit rate is $7.75 because 46.50 divide by 6 is $7.75
Answer:
x=36/7-3
Step-by-step explanation:
see this is for nerds so i can't really show you cause i don't know how to but put this on your test and u will get it right
