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The Following Balance Sheet Is for the First National Bank

Question 110

Multiple Choice

The following balance sheet is for the First National Bank.Assume the reserve ratio is 15 percent. The following balance sheet is for the First National Bank.Assume the reserve ratio is 15 percent. Refer to the above data.This bank can make new loans of up to: A) $50,000 B) $41,000 C) $27,000 D) $32,000 Refer to the above data.This bank can make new loans of up to:


A) $50,000
B) $41,000
C) $27,000
D) $32,000

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