From the 2023 balance sheet of Bank of America, there was 27,892 in Cash, Total investments: 1,788,273, and total loans they issued: 1,040,390. Their other assets and intangibles: 323,357. The total number of deposits made by customers was 1,923,827 and their total debt was 964403. What was the shareholder's equity of BOA in 2023 O $291,682 O None of the given answers are correct O $3,179,912 O $2,888,230
From the 2023 balance sheet of Bank of America, there was 27,892 in Cash, Total investments: 1,788,273, and total loans they issued: 1,040,390. Their other assets and intangibles: 323,357. The total number of deposits made by customers was 1,923,827 and their total debt was 964403. What was the shareholder's equity of BOA in 2023 O $291,682 O None of the given answers are correct O $3,179,912 O $2,888,230
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:From the 2023 balance sheet of Bank of America, there was 27,892 in Cash, Total
investments: 1,788,273, and total loans they issued: 1,040,390. Their other assets and
intangibles: 323,357. The total number of deposits made by customers was 1,923,827
and their total debt was 964403. What was the shareholder's equity of BOA in 2023
O $291,682
O None of the given answers are correct
O $3,179,912
O $2,888,230
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