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7. Suppose the First National Bank of Naboo has a T-account as follows: Assets Liabilities Reserves $ $600 Deposits $ 12,000 Loans $ 15,000 Debt $3,500 Securities $ 2,400 Capital $ 2,500 What is the new value of bank capital if assets depreciate by 12.50%?

7. Suppose the First National Bank of Naboo has a T-account as follows: Assets Liabilities Reserves $ $600 Deposits $ 12,000 Loans $ 15,000 Debt $3,500 Securities $ 2,400 Capital $ 2,500 What is the new value of bank capital if assets depreciate by 12.50%?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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7. Suppose the First National Bank of Naboo has a T-account as follows: Assets Liabilities Reserves $ $600 Deposits $ 12,000 Loans $ 15,000 Debt $3,500 Securities $2,400 Capital $ 2,500 What is the new value of bank capital if assets depreciate by 12.50%?
Transcribed Image Text:7. Suppose the First National Bank of Naboo has a T-account as follows: Assets Liabilities Reserves $ $600 Deposits $ 12,000 Loans $ 15,000 Debt $3,500 Securities $2,400 Capital $ 2,500 What is the new value of bank capital if assets depreciate by 12.50%?
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