14 Feb The footnotes to the 2012 financial statements of
The footnotes to the 2012 financial statements of Citigroup, the holding company for Citibank, contained the following information (dollars in millions): REQUIRED: a. Fill in the missing values and comment on any trends across the three-year period. Specifically comment on the trend concerning the annual estimate for consumer loan losses. b. As of the end of 2012, the company had outstanding loan receivables of $655,464: $408,671 in consumer loans and $246,783 in corporate loans. Which of the two categories appears to be the riskier?Why?
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