Assume You Are Presented with the Following Data Regarding an FI's

question 58

Multiple Choice

Assume you are presented with the following data regarding an FI's asset and liability values: $$\begin{array} { | l | l | } \hline \text { Bookvalue of assets } & \$ 50000 \\\hline \text { Bookvalue of liabilities } & \$ 42000 \\\hline \text { Market value of assets } & \$ 48000 \\\hline \text { Market value of liabilities } & \$ 45000 \\\hline\end{array}$$ Which of the following statements is true?

• A)The net worth of the FI is $2000.
• B)The net worth of the FI is -$3000.
• C)The net worth of the FI is $3000.
• D)The net worth of the FI is -$1000.

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Definitions:

Directive Style

A leadership or counseling approach characterized by providing specific instructions, guidance, or commands.

Calling

A deep sense of purpose or vocation that drives an individual’s life choices and career.

Person-Environment Fit

A concept in psychology that examines how well individuals match with their surrounding environment in terms of their abilities, needs, and values.

Conscientious

Being conscientious means showing diligence, carefulness, and a willingness to do one's work thoroughly and well.