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:
26
Step-by-step explanation:
The sum of angles in a triangle is 180 degrees, use this and set up an equation;
x + ( 4x -5 ) + 55 = 180
Simplify
x + ( 4x - 5 ) + 55 = 180
5x + 50 = 180
Inverse operations;
5x + 50 = 180
-50 - 50
5x = 130
/5 /5
x = 26
Answer:
$.999 for 1 pound
Step-by-step explanation:
If you divided both sides by 10. So 10/10= 1. 9.99/10= 0.999
What do you mean I’m confused
