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Author Question: Explain liabilities and assets as they relate to a bank's balance sheet. What will be an ideal ... (Read 116 times)

PhilipSeeMore

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on: Jun 30, 2018
Explain liabilities and assets as they relate to a bank's balance sheet.
 
  What will be an ideal response?

Question 2

Which factor of production is paid profit?
 
  A) entrepreneurship
  B) human capital
  C) labor
  D) land
  E) capital


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ecabral0

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Reply #1 on: Jun 30, 2018
Answer to Question 1

Liabilities are the source of funds for a bank. Included in a bank's liabilities are deposits in the bank and owner's equity. Assets are the uses of the funds of a bank. Assets generate income for a bank. A bank's assets include its loans and reserves.

Answer to Question 2

A


PhilipSeeMore

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

aliotak

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Reply 3 on: Yesterday
Wow, this really help

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