In a Bank's balancesheet, decrease in financial assets available for sale and Held for trading. what does it indicate? can you make 2 assumptions . thank you ! Year 2020($m) Cash and cash equivalents Due from other financial institutions-term deposits 835 826 Financial assets available-for-sale Financial assets held for trading

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 9MCQ: Refer to the information for Cornett Company above. What amount should Cornett report on its...
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In a Bank's balancesheet , decrease in
financial assets available for sale and Held for
trading. what does it indicate? can you make
2 assumptions . thank you !
Year
2020($m)
Cash and cash equivalents
Due from other financial institutions-term deposits
835
826
Financial assets available-for-sale
Financial assets held for trading
Transcribed Image Text:In a Bank's balancesheet , decrease in financial assets available for sale and Held for trading. what does it indicate? can you make 2 assumptions . thank you ! Year 2020($m) Cash and cash equivalents Due from other financial institutions-term deposits 835 826 Financial assets available-for-sale Financial assets held for trading
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