Answer the Question Based on the Information Given in the Table

question 136

Multiple Choice

Answer the question based on the information given in the table below that shows the items and figures taken from a consolidated balance sheet of the twelve Federal Reserve Banks. All figures are in billions of dollars. In the balance sheet above for the Federal Reserve, the assets would be items 5 and:

• A) 1 and 2
• B) 2 and 3
• C) 3 and 4
• D) 4 and 6

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Definitions:

Retail Store

A business establishment that sells goods to consumers, typically in small quantities.

Rate of Commission

A specific percentage of the sales amount or profit given to an agent or employee as part of their compensation.

Net Sales

The amount of sales revenue remaining after deducting returns, allowances for damaged or missing goods, and discounts.

Base Salary

The initial rate of compensation that an employee receives in exchange for services, excluding any extra bonuses, benefits, or overtime.