The Coppock Bank Began the Day with $10,000,000 in Its

question 61

Multiple Choice

The Coppock Bank began the day with $10,000,000 in its reserve account and ended the day with the same amount.If loans,other assets,and Treasury securities were $3,000,000 and owner's equity was $2,000,000,what is the bank's total amount of assets?

• A) $7,000,000
• B) $11,000,000
• C) $13,000,000
• D) $15,000,000
• E) There is not enough information to solve this.

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