Fill in the blanks in the balance sheet of the Flames Bank in the table below. Assume that the value of fixed assets is the same as shareholders equity and that the bank is fully loaned up. The target reserved ratio is 6%. Assets Reserves Loans Securities Fixed Assets Total $ 12,000 Liabilities/Equity Demand deposits Shareholders Equity Total $95,000 $112,000

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter13: Money And The Banking System
Section: Chapter Questions
Problem 1CQ
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8
#3 (CH 7,8,9)
Assets
Fill in the blanks in the balance sheet of the Flames Bank in the table below. Assume that the value of fixed assets is the same as
shareholders' equity and that the bank is fully loaned up. The target reserved ratio is 6%.
Reserves
Loans
Securities
Fixed Assets
Total
$
12,000
_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnectin
Liabilities/Equity
Demand deposits
Shareholders Equity
Total
Saved
$95,000
$112,000
Transcribed Image Text:#3 (CH 7,8,9) Assets Fill in the blanks in the balance sheet of the Flames Bank in the table below. Assume that the value of fixed assets is the same as shareholders' equity and that the bank is fully loaned up. The target reserved ratio is 6%. Reserves Loans Securities Fixed Assets Total $ 12,000 _con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnectin Liabilities/Equity Demand deposits Shareholders Equity Total Saved $95,000 $112,000
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