Top Posters
Since Sunday
10
s
5
j
4
s
4
W
3
a
3
H
3
s
3
a
3
o
3
K
3
m
3
New Topic  
neezy neezy
wrote...
Posts: 73
Rep: 0 0
2 months ago
The following table lists some statistics on Boring Bank.

CategoryAmount (dollars)
Reserves________
Demand deposits200
Long-term debt________
Cash equivalents80
Short-term borrowing95
Long-term investments230

Refer to the table above. If Boring Bank faces a required reserve ratio of 10 percent, has twice as many excess reserves as required reserves, and has total liabilities of $320, what is Boring Bank's stockholder equity?

▸ $100

▸ $75

▸ $50

▸ $150
Textbook 

Macroeconomics


Edition: 3rd
Authors:
Read 80 times
1 Reply
Replies
Answer verified by a subject expert
hadu582hadu582
wrote...
Posts: 68
Rep: 0 0
2 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
$50

1

Related Topics

neezy Author
wrote...

2 months ago
Thanks
wrote...

Yesterday
Thank you, thank you, thank you!
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  258 People Browsing
 458 Signed Up Today
Related Images
  
 3240
  
 204
  
 22
Your Opinion
How often do you eat-out per week?
Votes: 67