Question 1
Asiago National Bank has assets of $900,000 and liabilities of $300,000. Asiago National Bank's net worth is
◦ $300,000.
◦ $600,000.
◦ $900,000.
◦ $1,200,000.
Question 2
A commercial bank lists net worth as
◦ an asset.
◦ a liability.
◦ retained earnings.
◦ excess reserves.