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University National Bank Balance Sheet

Question 308

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University National Bank Balance Sheet
University National Bank Balance Sheet -The above table has the balance of the University National Bank. All figures are in millions of dollars. The required reserve ratio is 20 percent. What is the value of excess reserves held by the University National Bank? A) $88 million B) $232 million C) $320 million D) $352 million
-The above table has the balance of the University National Bank. All figures are in millions of dollars. The required reserve ratio is 20 percent. What is the value of excess reserves held by the University National Bank?


A) $88 million
B) $232 million
C) $320 million
D) $352 million

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