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Assuming a required reserve ratio of 10%, How much this bank can lend $. ASSETS cash in the vault: deposit at the Fed US treasury
Assuming a required reserve ratio of 10%, How much this bank can lend $.
ASSETS cash in the vault: deposit at the Fed US treasury bonds: loans: building: TOTALS: LIABILITIES & NET WORTH $300,000 demand deposits*: $5,000,000 $300,000 $100,000 $2,900,000 $2,000,000 $5,600,000 TOTALS: *Note: demand deposits are regular checking accounts capital stock: $600,000 $5,600,000
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The required reserve ratio is the percentage of deposits that a bank must hold in reserve I...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
