Assets Liabilities and Net Worth Reserves $20 Checkable Deposits $100 Loans 25 Stock Shares 50 Securities 15 Property 90 Refer to the accompanying balance sheet for the First National Bank of Bunco. All figures are in millions. If this bank has excess reserves of $6 million, the legal reserve ratio must be Multiple Cholce 10 percent. 12 percent. 14 percent. 20 percent.

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