Given the following information for MSH bank, knowing that this is the overall financial data and any missing data refer to a zero account. Also, all the investments accounts in the assets section are considered to be short-term with maturity less than one year. Answer questions 1 to 11 below: Cash and due from banks $250,000 Fed Funds Sold Loans Fixed Assets Investment Securities $925,000 Total Assets $ 95,555,000 $27,200,000 $123,930,000 tax rate 40% interest on loans 15.40% interest on investments 8.30% interest on time deposits 4.85% interest on federal funds purchased 6.10% Demand Deposits Time Deposits Federal Funds Purchased Equity $ 73,342,000 $ 34,450,000 $ 2,298,000 $ 13,840,000 Total Liabilities and Equity $123,930,000 *Untitled - Notepad File Edit Format View Help The Temporary Investment ratio is: a- 1.93% b- 0.53% C- 0.95% d- 0.59% e- None of the above
Given the following information for MSH bank, knowing that this is the overall financial data and any missing data refer to a zero account. Also, all the investments accounts in the assets section are considered to be short-term with maturity less than one year. Answer questions 1 to 11 below: Cash and due from banks $250,000 Fed Funds Sold Loans Fixed Assets Investment Securities $925,000 Total Assets $ 95,555,000 $27,200,000 $123,930,000 tax rate 40% interest on loans 15.40% interest on investments 8.30% interest on time deposits 4.85% interest on federal funds purchased 6.10% Demand Deposits Time Deposits Federal Funds Purchased Equity $ 73,342,000 $ 34,450,000 $ 2,298,000 $ 13,840,000 Total Liabilities and Equity $123,930,000 *Untitled - Notepad File Edit Format View Help The Temporary Investment ratio is: a- 1.93% b- 0.53% C- 0.95% d- 0.59% e- None of the above
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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