Wyoweb C X Macmillan Higher Education Assessment Principles Of Mad X Achieve Macmillanlearning Com Courses Ddc 1 (78.57 KiB) Viewed 8 times
WyoWeb ← → C ? x Macmillan Higher Education Assessment - Principles of Mad X + achieve.macmillanlearning.com/courses/ddc60593-e27a-4aa3-bbb3-94826b489628/4/ryfw9q/tools/assessment/items/68c5f2e2-2926-4c64-8d9e-728d67bbd5... (←) Assessment = ✪ Assignment Score: < Question 5 of 21 > 18.9% Table 1 shows the financial position of the Smithville Bank once $2507.00 has been deposited. Assume that the required reserve ratio is 7.00%. The bank manager decides to lend Billy Bob Smith all of the bank's excess reserves. Billy Bob takes the funds to Eula Mae's Used Machines and buys a pickup truck. Eula Mae then deposits the money in her account back at the Smithville Bank. Table 2 should show the bank's accounts after the loan is made and the funds again deposited. Round all answers to the nearest cent. What are the bank's loans in Table 2? What are the bank's reserves in Table 2? Resources -x Give Up? Table 1. Original Assets and Liabilities $ Assets reserves: $2507.00 Assets Table 2. Assets and Liabilities After Bank Makes a Loan reserves: ? Liabilities loans: ? deposits: $2507.00 Liabilities Hint deposits: ? ☆ * ■ Check Answer G Ⓡ KX
= WyoWeb → C Assessment - Principles of Max X + achieve.macmillanlearning.com/courses/ddc60593-e27a-4aa3-bbb3-94826b489628/4/ryfw9q/tools/assessment/items/68c5f2e2-2926-4c64-8d9e-728d67bbd5... (←) Assessment ✪ Assignment Score: Macmillan Higher Education X Question 5 of 21 18.9% Table 2 should show the bank's accounts after the loan is made and the funds again deposited. Round all answers to the nearest cent. What are the bank's loans in Table 2? What are the bank's reserves in Table 2? What are the bank's deposits in Table 2? a Loan $ $ $ Resources -x Give Up? Assets reserves: ? loans: ? Liabilities deposits: ? Hint ☆ * ■ Check Answer G Ⓡ
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