Consider the accompanying balance sheet for a Canadian chartered bank. If an additional $2,000,000 is deposited into the bank, then the amount of new loans (beyond its existing loans) that this chartered bank could make would be $ (Enter Desired your response as a whole number.) Assets ($000s) Liabilities Reserves 20,000 Deposits 7,600 Advances from ($000s) 190,000 0 Bank of Canada Excess Borrowings 25,000 Loans 200,000 Capital 45,000 Securities 40,000 Total Assets 260,000 Total Liabilities 260,000
Consider the accompanying balance sheet for a Canadian chartered bank. If an additional $2,000,000 is deposited into the bank, then the amount of new loans (beyond its existing loans) that this chartered bank could make would be $ (Enter Desired your response as a whole number.) Assets ($000s) Liabilities Reserves 20,000 Deposits 7,600 Advances from ($000s) 190,000 0 Bank of Canada Excess Borrowings 25,000 Loans 200,000 Capital 45,000 Securities 40,000 Total Assets 260,000 Total Liabilities 260,000
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
ChapterM: Time Value Of Money Module
Section: Chapter Questions
Problem 2MC
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