FINANCES: LIABILITIES/LEVERAGEDAnswers 2Bids 39Other questions 10,FINANCES: LIABILITIES/LEVERAGEDAnswers 2Bids 39Other questions 10

“We can think of a bank’s liabilities as the sources of its funds, and we can think of a bank’s assets as the uses of its funds.” 1. Explain what this statement means. 2. Why might the managers of a bank want the bank to be highly leveraged? 3. Why might the bank’s shareholders want the bank to be less highly leveraged?Add citation and references (minimum 450 words)

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