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KLMN has the following T account: Assets Liabilities Reserves 30,000 Deposits 120,000 Loans 105,000 Dept 22,500 securities 15,000 Capital 7,500 Based on the T account,

KLMN has the following T account:

Assets		Liabilities
Reserves	30,000	Deposits	120,000
Loans	105,000	Dept	22,500
securities	15,000	Capital	7,500

Based on the T account, calculate KLMN's leverage ratio. Interpret your result.

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