Draw up a balance sheet for bank and what is its net worth


Problem

Down Home Savings has the following assets and liabilities: $6 million in government bonds and reserves; $40 million in deposits; $36 million in outstanding loans. Draw up a balance sheet for the bank. What is its net worth?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Draw up a balance sheet for bank and what is its net worth
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