A Bank Balance Sheet Consists of Only the Following Items

question 77

Multiple Choice

A bank balance sheet consists of only the following items:
$$\begin{array} { l r } \text { Deposits } & \$ 1,000 \\\text { Reserves } & \$ 100 \\\text { Securities } & \$ 400 \\\text { Debt } & \$ 500 \\\text { Loans } & \$ 2,000\end{array}$$
What is the value of bank capital?

• A)-$1,000
• B)+$500
• C)+$1,000
• D)+$1,500

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Definitions:

Direct Labor Cost

The total cost of workforce directly involved in the production of goods or services, excluding indirect labor.