Question
Below is the balance sheet of MBC bank showing only changes to each column after a customer has deposited $5000. If the bank has already
Below is the balance sheet of MBC bank showing only changes to each column after a customer has deposited $5000. If the bank has already lent out as much as it is allowed to, what is the reserve ratio for this bank?
Asset Liabiity. Reserves +1200 Deposit Loans +3800 +5000
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
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