Final answer:
Liverpool's current liabilities, as listed in the provided balance sheet, amount to 300, represented by the deposits it owes.
Step-by-step explanation:
Determining Liverpool's Current Liabilities
To determine Liverpool's current liabilities, we look at the information provided that reflects a simplified version of a bank's balance sheet, which lists both assets and liabilities. According to the information given:
- Assets: reserves (30), bonds (50), and loans (50)
- Liabilities: deposits (300) and equity (30)
Current liabilities refer to the debt or obligations that a company owes and is expected to pay within the next year. For Liverpool, based on the balance sheet information presented, we can identify deposits as current liabilities. Therefore, Liverpool's current liabilities amount to 300.