An Asset of a Bank Is

question 3

Multiple Choice

An asset of a bank is

• A)the value of money that is on deposit.
• B)the amount a depositor may legally borrow.
• C)something of value that the bank owes to a depositor.
• D)something of value that a bank owns.

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Definitions:

Financial Data

Information related to the financial performance and position of an entity, including balance sheets, income statements, and cash flow statements.

Market Price

The current value at which an asset or service can be bought or sold in a marketplace.

Dividend Payout Ratio

Dividend payout ratio is a financial metric that shows what proportion of a company's earnings are distributed to shareholders as dividends.

Market Price

The price at which an asset or service can be bought or sold in the market.