Fill in the blanks in the balance sheet of the Flames Bank in the table below. Assume that the value of fixed assets is the same as shareholders' equity and that the bank is fully loaned up. The target reserved ratio is 6%. Assets Reserves Loans Securities Fixed Assets Total 12,000 Liabilities/Equity Demand deposits Shareholders Equity Total $95,000 $112,000

Principles of Economics 2e
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ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter17: Financial Markets
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Fill in the blanks in the balance sheet of the Flames Bank in the table below. Assume that the value of fixed assets is the same as
shareholders' equity and that the bank is fully loaned up. The target reserved ratio is 6%.
Assets
Reserves
Loans
Securities
Fixed Assets
Total
12,000
Liabilities/Equity
Demand deposits
Shareholders' Equity
Total
$95,000
$112,000
Transcribed Image Text:Fill in the blanks in the balance sheet of the Flames Bank in the table below. Assume that the value of fixed assets is the same as shareholders' equity and that the bank is fully loaned up. The target reserved ratio is 6%. Assets Reserves Loans Securities Fixed Assets Total 12,000 Liabilities/Equity Demand deposits Shareholders' Equity Total $95,000 $112,000
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