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SirJohnny SirJohnny
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A year ago
The following table lists various statistics for Bridger Bank.

CategoryAmount (millions of dollars)
Reserves60
Demand deposits120
Long-term debt45
Cash equivalents68
Short-term borrowing53
Long-term investments150

Refer to the table above. Which of the following changes would cause Bridger Bank's stockholder equity to be $120 million?

▸ Cash equivalents decrease by $20 million, and short-term investments increase by $60 million.

▸ Long-term debt increases by $30 million, and long-term investments increase by $30 million.

▸ Reserves increase by $45 million, and demand deposits decrease by $15 million.

▸ Short-term and long-term investments increase by $20 million each.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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vlad8919vlad8919
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A year ago
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SirJohnny Author
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A year ago
Thank you, thank you, thank you!
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Correct Slight Smile TY
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2 hours ago
Good timing, thanks!
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