Homework Help is Here – Start Your Trial Now!
Business
Accounting
December 31, (in millions) 2019 Change 2018 Assets Cash and due from banks Deposits with banks Federal funds sold and securities purchased under resale agreements 21,704 22,324 (3)% 241,927 256,469 (6) 249,157 321,588 (23) Securities borrowed 139,758 111,995 25 Trading assets 411,103 413,714 (1) Investment securities 398,239 261,828 52 Loans 959,769 984,554 (3) Allowance for loan losses (13,123) (13,445) (2) Loans, net of allowance for loan losses Accrued interest and accounts receivable Premises and equipment 946,646 971,109 (3) 72,861 73,200 25,813 14,934 73 Goodwill, MSRS and other intangible assets 53,341 54,349 (2) Other assets 121,022 126,830 Total assets 2,687,379 2,622,532 2% Selected Consolidated balance sheets data December 31, (in millions) 2019 2018 Change Liabilities 2$ 1,470,666 Deposits Federal funds purchased and securities loaned or sold under repurchase agreements Short-term borrowings Trading liabilities 1,562,431 183,675 182,320 40,920 69,276 (41) 144,773 119,277 (18) Accounts payable and other liabilities Beneficial interests issued by consolidated variable interest entities ("VIES") 210,407 196,710 17,841 20,241 (12) 291,498 Long-term debt Total liabilities 282,031 2,426,049 2,366,017 Stockholders' equity 261,330 256,515 Total liabilities and stockholders' equity 2,687,379 2,622,532 2%

December 31, (in millions) 2019 Change 2018 Assets Cash and due from banks Deposits with banks Federal funds sold and securities purchased under resale agreements 21,704 22,324 (3)% 241,927 256,469 (6) 249,157 321,588 (23) Securities borrowed 139,758 111,995 25 Trading assets 411,103 413,714 (1) Investment securities 398,239 261,828 52 Loans 959,769 984,554 (3) Allowance for loan losses (13,123) (13,445) (2) Loans, net of allowance for loan losses Accrued interest and accounts receivable Premises and equipment 946,646 971,109 (3) 72,861 73,200 25,813 14,934 73 Goodwill, MSRS and other intangible assets 53,341 54,349 (2) Other assets 121,022 126,830 Total assets 2,687,379 2,622,532 2% Selected Consolidated balance sheets data December 31, (in millions) 2019 2018 Change Liabilities 2$ 1,470,666 Deposits Federal funds purchased and securities loaned or sold under repurchase agreements Short-term borrowings Trading liabilities 1,562,431 183,675 182,320 40,920 69,276 (41) 144,773 119,277 (18) Accounts payable and other liabilities Beneficial interests issued by consolidated variable interest entities ("VIES") 210,407 196,710 17,841 20,241 (12) 291,498 Long-term debt Total liabilities 282,031 2,426,049 2,366,017 Stockholders' equity 261,330 256,515 Total liabilities and stockholders' equity 2,687,379 2,622,532 2%

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
Problem 15E: Investments On October 4, 2019, Collins Company purchased 100 bonds of Steph Company for 6,400 as a...
See similar textbooks
icon
Related questions
Question
100%

Please help me find the current ratio for JPMorgan Chase.  I have attached their financial statements in the two documents.  

 

Thanks,

 

 

December 31, (in millions) 2019 Change 2018 Assets Cash and due from banks Deposits with banks Federal funds sold and securities purchased under resale agreements 21,704 22,324 (3)% 241,927 256,469 (6) 249,157 321,588 (23) Securities borrowed 139,758 111,995 25 Trading assets 411,103 413,714 (1) Investment securities 398,239 261,828 52 Loans 959,769 984,554 (3) Allowance for loan losses (13,123) (13,445) (2) Loans, net of allowance for loan losses Accrued interest and accounts receivable Premises and equipment 946,646 971,109 (3) 72,861 73,200 25,813 14,934 73 Goodwill, MSRS and other intangible assets 53,341 54,349 (2) Other assets 121,022 126,830 Total assets 2,687,379 2,622,532 2%
Transcribed Image Text:December 31, (in millions) 2019 Change 2018 Assets Cash and due from banks Deposits with banks Federal funds sold and securities purchased under resale agreements 21,704 22,324 (3)% 241,927 256,469 (6) 249,157 321,588 (23) Securities borrowed 139,758 111,995 25 Trading assets 411,103 413,714 (1) Investment securities 398,239 261,828 52 Loans 959,769 984,554 (3) Allowance for loan losses (13,123) (13,445) (2) Loans, net of allowance for loan losses Accrued interest and accounts receivable Premises and equipment 946,646 971,109 (3) 72,861 73,200 25,813 14,934 73 Goodwill, MSRS and other intangible assets 53,341 54,349 (2) Other assets 121,022 126,830 Total assets 2,687,379 2,622,532 2%
Selected Consolidated balance sheets data December 31, (in millions) 2019 2018 Change Liabilities 2$ 1,470,666 Deposits Federal funds purchased and securities loaned or sold under repurchase agreements Short-term borrowings Trading liabilities 1,562,431 183,675 182,320 40,920 69,276 (41) 144,773 119,277 (18) Accounts payable and other liabilities Beneficial interests issued by consolidated variable interest entities ("VIES") 210,407 196,710 17,841 20,241 (12) 291,498 Long-term debt Total liabilities 282,031 2,426,049 2,366,017 Stockholders' equity 261,330 256,515 Total liabilities and stockholders' equity 2,687,379 2,622,532 2%
Transcribed Image Text:Selected Consolidated balance sheets data December 31, (in millions) 2019 2018 Change Liabilities 2$ 1,470,666 Deposits Federal funds purchased and securities loaned or sold under repurchase agreements Short-term borrowings Trading liabilities 1,562,431 183,675 182,320 40,920 69,276 (41) 144,773 119,277 (18) Accounts payable and other liabilities Beneficial interests issued by consolidated variable interest entities ("VIES") 210,407 196,710 17,841 20,241 (12) 291,498 Long-term debt Total liabilities 282,031 2,426,049 2,366,017 Stockholders' equity 261,330 256,515 Total liabilities and stockholders' equity 2,687,379 2,622,532 2%
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Balance Sheet Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS