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The liabilities of a banker primarily include the obligation to repay deposits made by customers, which can involve both demand deposits (like checking accounts) and time deposits (like savings accounts). Additionally, bankers must comply with regulatory requirements, ensuring they maintain adequate capital reserves to safeguard against losses. They also bear responsibility for managing risks related to lending, investments, and operational activities, which can affect their financial stability and reputation. Ultimately, bankers are accountable to their customers, regulators, and shareholders for their financial practices and overall performance.

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1mo ago

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If current liabilities are 7714 and total liabilities are 18187 what is the ratio of current liabilities to total liabilities?

Current Liabilities to Total Liabilities Ratio = Current Liabilities / Total Liabilities Current Liabilities to Total Liabilities Ratio = 7714 / 18187 Current Liabilities to Total Liabilities Ratio = 0.42 or 42%


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