The Balance Sheet of XYZ Bank Appears Below

question 86

Multiple Choice

The balance sheet of XYZ Bank appears below. All figures in millions of Canadian dollars. Total one-year rate-sensitive liabilities is

• A)$540 million.
• B)$580 million.
• C)$555 million.
• D)$415 million.
• E)$720 million.

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Definitions:

Solvency

A company's ability to meet its long-term debts and financial obligations.

Liquidity

The ease with which an asset can be converted into cash without affecting its market price.

Net Income

The net income of a company once all costs and taxes are subtracted from its total revenues.

Solvency Measure

Financial metrics used to assess a company's ability to meet its long-term obligations and its financial stability.