Answer the question on the basis of the following information for the Moolah Bank.
A. assets are $1,000.
B. profit is $1,000.
C. net worth is zero.
D. liabilities are $1,000.
ANSWER
D. liabilities are $1,000.
Answer the question on the basis of the following information for the Moolah Bank.
A. assets are $1,000.
B. profit is $1,000.
C. net worth is zero.
D. liabilities are $1,000.
ANSWER
D. liabilities are $1,000.