Question
Which of the following is true with respect to the difference between a bank’s balance sheet and a manufacturing company’s balance sheet?
Which of the following is true with respect to the difference between a bank’s balance sheet and a manufacturing company’s balance sheet?
A. There is no capital in case of bank’s balance sheet while it is a significant part of assets for manufacturing company
B. The fixed assets in case of bank’s balance sheet are very small while they are the major item in case of manufacturing company
C. Money raised through bonds is a liability for manufacturing company but an investment for bank.
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