Assume That the Market Value of Assets Is $120 and the Market

question 69

Multiple Choice

Assume that the market value of assets is $120 and the market value of liabilities is $90.What is the bank's net worth?

• A)$210
• B)$30
• C)-$30
• D)None of the listed options are correct.

---

Definitions:

Shipping Increases

A rise in the cost or amount required to transport goods from one location to another, potentially affecting trade and sales prices.

Decertification

The process by which a labor union is removed as the representative of the employees in a bargaining unit, typically through a vote by the employees.

Bargaining Agent

A labor union or individual representative designated to negotiate employment terms on behalf of a group of employees.

Closed-shop Agreement

A labor agreement requiring employees to be members of a union as a condition of employment, typically illegal in the U.S. under the Taft-Hartley Act.