Question
Question: If $200,000 worth of the banks loans default, show the banks balance sheet immediately after the default. Assume nothing has been done to try
Question: If $200,000 worth of the banks loans default, show the banks balance sheet immediately after the default. Assume nothing has been done to try to offset the default.
Assets Liabilities
Reserve Requirement is 15%
Reserves= 500,000 Checking Deposits = 1,000,000
Bonds = 100,000Bank Capital = 500,000
Loans = 900,000
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
8th Edition
1260247848, 978-1260247848
