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[Related to Solved Problem 10.1] The following entries (in millions of dollars) are from the balance sheet of Rivendell National Bank (RNB): Determine whether each item is listed on the bank's balance sheet as an asset or a liability. Balance Sheet Item U.S. Treasury bills Amount $22 Asset or Liability? Asset Demand deposits 40 Liability Mortgage-backed securities 28 Asset Loans from other banks 6 Liability C&I loans 50 Asset Discount loans 5 Liability NOW accounts 40 Liability Savings accounts 10 Liability Reserve deposits with Federal Reserve 8 Asset Cash items in the process of collection 5 Asset Municipal bonds 5 Asset Bank building 4 Asset Using the entries in the table, calculate the bank's total assets, total liabilities, and bank capital. (Enter your answers as a whole number.) Total assets = $ 122. Total liabilities = $ 101. Bank capital = $ 21. RNB's capital is what percentage of its assets? RNB's capital is % of its assets. (Round your answer to two decimal places.)

[Related to Solved Problem 10.1] The following entries (in millions of dollars) are from the balance sheet of Rivendell National Bank (RNB): Determine whether each item is listed on the bank's balance sheet as an asset or a liability. Balance Sheet Item U.S. Treasury bills Amount $22 Asset or Liability? Asset Demand deposits 40 Liability Mortgage-backed securities 28 Asset Loans from other banks 6 Liability C&I loans 50 Asset Discount loans 5 Liability NOW accounts 40 Liability Savings accounts 10 Liability Reserve deposits with Federal Reserve 8 Asset Cash items in the process of collection 5 Asset Municipal bonds 5 Asset Bank building 4 Asset Using the entries in the table, calculate the bank's total assets, total liabilities, and bank capital. (Enter your answers as a whole number.) Total assets = $ 122. Total liabilities = $ 101. Bank capital = $ 21. RNB's capital is what percentage of its assets? RNB's capital is % of its assets. (Round your answer to two decimal places.)

Exploring Economics
Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter25: Money, Banking, And The Federal Reserve System
Section: Chapter Questions
Problem 5P
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[Related to Solved Problem 10.1] The following entries (in millions of dollars) are from the balance sheet of Rivendell National Bank (RNB): Determine whether each item is listed on the bank's balance sheet as an asset or a liability. Balance Sheet Item U.S. Treasury bills Amount $22 Asset or Liability? Asset Demand deposits 40 Liability Mortgage-backed securities 28 Asset Loans from other banks 6 Liability C&I loans 50 Asset Discount loans 5 Liability NOW accounts 40 Liability Savings accounts 10 Liability Reserve deposits with Federal Reserve 8 Asset Cash items in the process of collection 5 Asset Municipal bonds 5 Asset Bank building 4 Asset Using the entries in the table, calculate the bank's total assets, total liabilities, and bank capital. (Enter your answers as a whole number.) Total assets = $ 122. Total liabilities = $ 101. Bank capital = $ 21. RNB's capital is what percentage of its assets? RNB's capital is % of its assets. (Round your answer to two decimal places.)
Transcribed Image Text:[Related to Solved Problem 10.1] The following entries (in millions of dollars) are from the balance sheet of Rivendell National Bank (RNB): Determine whether each item is listed on the bank's balance sheet as an asset or a liability. Balance Sheet Item U.S. Treasury bills Amount $22 Asset or Liability? Asset Demand deposits 40 Liability Mortgage-backed securities 28 Asset Loans from other banks 6 Liability C&I loans 50 Asset Discount loans 5 Liability NOW accounts 40 Liability Savings accounts 10 Liability Reserve deposits with Federal Reserve 8 Asset Cash items in the process of collection 5 Asset Municipal bonds 5 Asset Bank building 4 Asset Using the entries in the table, calculate the bank's total assets, total liabilities, and bank capital. (Enter your answers as a whole number.) Total assets = $ 122. Total liabilities = $ 101. Bank capital = $ 21. RNB's capital is what percentage of its assets? RNB's capital is % of its assets. (Round your answer to two decimal places.)
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