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Ryan37sport Ryan37sport
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2 months 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. If Bridger Bank's total assets and total liabilities each increased by 10 percent, what would be the new level of stockholder's equity?

▸ $36 million

▸ $44 million

▸ $66 million

▸ $60 million
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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relisabethrelisabeth
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$66 million
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Ryan37sport Author
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Thanks for your help!!
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