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What are the principal differences

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Assignment

Write an essay that answers the following questions:

- What similarities do you see between the balance sheets and income statements of smaller community banks versus major money center banks?

- What are the principal differences?

For comparison purposes, view the most recent financial reports of one or more community banks in your home town of Dallas, TX, and compare them to the financial reports filed most recently by such industry leaders as J.P. Morgan Chase and Citigroup. You can find data for all FDIC-insured institutions at SDI (www2.fdic.gov/sdi/), or you can search an institution's website.

Your essay must meet the following requirements:

- It must be 3-4 pages in length, not including the cover and reference pages.

- Follow the CSU-Global Guide to Writing and APA.

Your essay should include an introduction, a body with developed paragraphs, and a conclusion and scholarly references with in-text citations.

Verified Expert

The assignment solution file contains the solution to the assignment. Here the Income Statement and Balance Sheet of a local community bank in Dallas, Texas named American Bank National Association has been compared with a large bank named JP Morgan Chase. The similarities and differences have been discussed in separate sections. While the overall reporting structure remains similar, there are differences as well. This is due to the differences in the size of the two entities and the nature and diversity of their businesses. Line item wise comparison has been made for the Balance Sheet and the income statement. The similarities and differences that have been discussed have arisen in the course of such comparison.

Reference no: EM132008068

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urv2008068

10/16/2018 2:57:40 AM

I got a perfect essay that made me score 9/10 in the assessment exam and it will surely enhance my grades that I had degraded in the previous exam due to incorrect and late submission of the assignment. But this time since it was done by your perfect tutors I was expecting some good marks and hurray I got it. Thanks to you dear team.

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