Question 15 Table 29-4 Reserves Loans Assets Bank of Smileville $4,000 Deposits 46,000 Liabilities $50,000 Refer to Table 29-4. The Bank of Smileville's reserve ratio is a. 8.0 percent. O b. 11.3 percent. O c. 13.4 percent. d. 8.7 percent.

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Chapter16: Information, Risk, And Insurance
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Question 15
Table 29-4
Reserves
Loans
Assets
Bank of Smileville
O c. 13.4 percent.
O d. 8.7 percent.
$4,000 Deposits
46,000
Liabilities
$50,000
Refer to Table 29-4. The Bank of Smileville's reserve ratio is
O a. 8.0 percent.
b. 11.3 percent.
Transcribed Image Text:Question 15 Table 29-4 Reserves Loans Assets Bank of Smileville O c. 13.4 percent. O d. 8.7 percent. $4,000 Deposits 46,000 Liabilities $50,000 Refer to Table 29-4. The Bank of Smileville's reserve ratio is O a. 8.0 percent. b. 11.3 percent.
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