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Compute the change in reserve, Drain percent is 10% and determine reserve ratio using above table Consider the table below Transaction Amount in Millions of

Compute the change in reserve, Drain percent is 10% and determine reserve ratio using above table

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Consider the table below Transaction Amount in Millions of dollars Mortgage loans & Salaries $2100 cash reserves $630 shareholder's equity $ 600 Foreign currency reserves $ 1100 government deposits $ 180 Deposits in the bank of Canada $ 150 Demand deposits $ 4500 Notice Deposits $ 3600 compute the change in reserves given cash drain percent is 10% and the * 8 points reserve ratio is determined using the table above

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