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QUESTION:

First National Bank    
Assets                                        Liabilities and Owners' Equity    
Reserves    $1,200                    Deposits    $9,000     
Loans    8,000                            Debt    800     
Short-term securities    800     Capital (owners' equity)    200     
​This bank's leverage ratio is​

ANSWER:

First National Bank    
Assets                                        Liabilities and Owners' Equity    
Reserves    $1,200                    Deposits    $9,000     
Loans    8,000                            Debt    800     
Short-term securities    800     Capital (owners' equity)    200     
​This bank's leverage ratio is​

  
  
  
  

Posted by Cleveland on November 14, 2024
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