Question: Please answer question B. :) 1.7 [Related to Solved Problem 10.1 on page 288] The following entries (in millions of dollars) are from the balance
1.7 [Related to Solved Problem 10.1 on page 288] The following entries (in millions of dollars) are from the balance sheet of Rivendell National Bank (RNB): $20 40 30 5 50 U.S. Treasury bills Demand deposits Mortgage-backed securities Loans from other banks C&I loans Discount loans NOW accounts Savings accounts Reserve deposits with Federal Reserve Cash items in the process of collection Municipal bonds 40 10 8 5 5 4 Bank building a. Use the entries to construct a balance sheet similar to the one in Table 10.1 on page 281, with assets on the left side of the balance sheet and liabilities and bank capital on the right side. b. RNB's capital is what percentage of its assets? 18 Af
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