Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
hungry22 hungry22
wrote...
Go to Answer
Posts: 143
Rep: 0 0
A year ago
Scenario: Amateur Bank is just starting out and has had the following transactions:

• Amateur Bank takes out a $3,000 loan from Pro Bank.
• Amateur bank has $2,500 invested in building and operations.
• Suzie deposits $1,200.
• Joe deposits $750.
• Robbie takes out a loan for $900.
• Jackie takes out a business loan for $625.
• Amateur Bank invests $1,000 in GoPro.


Refer to the scenario above. How much does Amateur Bank have in stockholders' equity?

▸ $300

▸ $700

▸ $500

▸ $100
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 75 times
1 Reply
Replies
Answer verified by a subject expert
ladwerladwer
wrote...
#1
Posts: 122
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

hungry22 Author
wrote...

A year ago
Correct Slight Smile TY
Evolution
wrote...

Yesterday
This site is awesome
SupremeDJ
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1263 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 311
  
 262
  
 242
Your Opinion
Where do you get your textbooks?
Votes: 372
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?