Scenario: Alpha Bank Has $100,000 in Total Assets and $45,000

question 147

Multiple Choice

Scenario: Alpha Bank has $100,000 in total assets and $45,000 in total liabilities. Beta Bank has $250,000 in total assets and $220,000 in total liabilities.
-Refer to the scenario above.What is Alpha Bank's Stockholders' equity?

• A) $45,000
• B) $55,000
• C) $65,000
• D) $145,000

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Definitions:

Sales Credited

This refers to the revenue recorded when sales transactions are made, often impacting the seller's financial statements positively.

Spot Rate

The present market rate at which a specific currency is available for purchase or sale for on-the-spot delivery.

Foreign Currency

Currency used in a country other than one's own, involved in international transactions or investments.

Forward Contract

An agreement to buy or sell an asset at a specified future date for a price that is agreed upon today.