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Sagot :
Answer:
a. Net worth $2.6million
b. Positive Net worth
c. Positive Net worth
Explanation:
a. Calculation to determine the NET WORTH.
Using this formula
Net worth = Total assets -Total liabilities
Let plug in the formula
Net worth=($4 million+ $9million+ $9.6million) - $20million
Net worth= $22.6 million net worth-$20million
Net worth= $2.6 million
Therefore the Bank's net worth will be $2.6 million
b. Based on the information given the CRITERIA for CLASSIFYING a bank as HEALTHY or UNHEALTHY means that THE BANK NET WORTH WILL BE POSITIVE and in a situation where a bank has NEGATIVE NET WORTH in which the depositors tried to WITHDRAW the money deposited which means that the bank will not be capable of giving all depositors their money.
c. What applies applies to Stealth Bank in these circumstances is that they will have a POSITIVE NETWORTH which indicates that they are a HEALTHY BANK.
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