The Coppock Bank Has $34,000,000 in Deposits

question 85

Multiple Choice

The Coppock Bank has $34,000,000 in deposits.If total liabilities and net worth are $47,000,000,loans are $25,000,000,and borrowings are $7,000,000,what is the amount of assets?

• A) $5,000,000
• B) $34,000,000
• C) $47,000,000
• D) $106,000,000
• E) $123,000,000

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Definitions:

Ribosome

A cell organelle that functions as the site of protein synthesis in the cytoplasm.

Stop Codon

A nucleotide triplet within mRNA that signals the termination of protein synthesis during translation.

Protein Synthesis

The biological process by which cells generate new proteins, translating genetic information from RNA into the amino acid sequence of proteins.

Initiation

The beginning or start of a process, event, or activity.