70.2K
Verified Solution
Link Copied!
You are given the following information about the Proftabilia Bank
Gross Loans $300
Miscellaneous Assets $50
Deposits $390
Total Equity $50
Common Stock Par $5
Non-Deposit Borrowings $60
Investment Securities $150
Net Premises $40
Surplus $5
Allowance for Loan Losses $50
Deposits $390
Total Assets $500
Gross Premises $70
Given this information, what is Profitabilias Total Liabilities Plus Equity?
Answer & Explanation
Solved by verified expert