please answer part "c" other parts are correct a. The balance sheet for Sunshine Bank could appear like the figure to the right. Identify which of the entries on the balance sheet should be recorded in the assets column. (Select all that apply.) A. Shareholders' equity B. Mortgage loans C. Government deposits D. Foreign currency reserves E. Demand deposits F. Notice (term) deposits G. Deposits at the Bank of Canada H. Cash reserves b. What are total assets and liabilities for this commercial bank? Total assets are $ 9230 million and total liabilities are $ 9230 million. c. What is the bank's actual reserve ratio? The bank's actual reserve ratio is 15.1% wron immu Assets Mortgage loans Cash reserves Shareholders' equity Foreign currency reserves Government deposits Deposits at the Bank of Canada Demand deposits Notice (term) deposits Liabilities 2600 600 400 5800 230 230 5500 3100

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
5
please answer part "c"
other parts are correct
a. The balance sheet for Sunshine Bank could appear like the figure to
the right. Identify which of the entries on the balance sheet should be
recorded in the assets column. (Select all that apply.)
A. Shareholders' equity
B. Mortgage loans
C. Government deposits
D. Foreign currency reserves
E. Demand deposits
F. Notice (term) deposits
G. Deposits at the Bank of Canada
H. Cash reserves
b. What are total assets and liabilities for this commercial bank?
Total assets are $ 9230 million and total liabilities are $ 9230 million.
c. What is the bank's actual reserve ratio?
The bank's actual reserve ratio is 15.1%.
(Round your response to one decimal place.)
wrong
Assets
Mortgage loans
Cash reserves
Shareholders' equity
Foreign currency reserves
Government deposits
Deposits at the Bank of Canada
Demand deposits
Notice (term) deposits
Liabilities
2600
600
400
5800
230
230
5500
3100
Transcribed Image Text:please answer part "c" other parts are correct a. The balance sheet for Sunshine Bank could appear like the figure to the right. Identify which of the entries on the balance sheet should be recorded in the assets column. (Select all that apply.) A. Shareholders' equity B. Mortgage loans C. Government deposits D. Foreign currency reserves E. Demand deposits F. Notice (term) deposits G. Deposits at the Bank of Canada H. Cash reserves b. What are total assets and liabilities for this commercial bank? Total assets are $ 9230 million and total liabilities are $ 9230 million. c. What is the bank's actual reserve ratio? The bank's actual reserve ratio is 15.1%. (Round your response to one decimal place.) wrong Assets Mortgage loans Cash reserves Shareholders' equity Foreign currency reserves Government deposits Deposits at the Bank of Canada Demand deposits Notice (term) deposits Liabilities 2600 600 400 5800 230 230 5500 3100
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