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e-lub [12.9K]
4 years ago
13

Stealth bank has deposits of $600 million. It holds reserves of $30 million and government bonds worth $80 million. If the bank

sells its loans at market value of $400 million, what will its total assets equal?
Business
1 answer:
kiruha [24]4 years ago
7 0

Answer:

its total assets equal to  $510 million,

Explanation:

Total assets = Loans + Bonds + Reserves

                    = $400 million + $80 million + $30 million

                    = $510 million

Therefore, its total assets equal to  $510 million,

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