The net worth of a bank is defined as the difference between
A)income and expenses.
B)assets and liabilities.
C)loans and deposits.
D)loans and reserves.

Name: The net worth of a bank is defined as the difference between A)income and expenses. B)assets and liabilities. C)loans and deposits. D)loans and reserves.
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Question

Quizplus · Accepted Answer

Net worth is calculated as the difference between assets (what the bank owns) and liabilities (what the bank owes).

The Net Worth of a Bank Is Defined as the Difference