Below is the balance sheet of MBC bank showing only changes to each column after a customer

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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?

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Related Book For answer-question

Intermediate Accounting principles and analysis

ISBN: 978-0471737933

2nd Edition

Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso

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Posted Date: Jan 20, 2024 07:14 AM

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Below is the balance sheet of MBC bank showing only changes to each column after a customer

Question:

Asset Liabiity. Reserves +1200 Deposit Loans +3800 +5000 Asset Liabiity. Reserves +1200 Deposit Loans +3800 +5000

Expert Answer:

To calculate the reserve ratio for MBC bank we need to know the total amount of dep... View the full answer

Intermediate Accounting principles and analysis

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