Answered: The main financial liability of private…

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Finance

The main financial liability of private banks is; 1, deposit 2, loans 3, bank bills 4, equity 5, mortgage loans

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter17: The Management Of Cash And Marketable Securities

Section: Chapter Questions

Problem 5QTD

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Question

The main financial liability of private banks is;

1, deposit

2, loans

3, bank bills

4, equity

5, mortgage loans

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