Multiple Choice
The following table shows Free Donut Bank's balance sheet. Free Donut Bank has a required reserve ratio of 20 percent and has $75 in excess reserves.
-Refer to the table above.What are Free Donut Bank's total assets?
A) $1,260
B) $1,335
C) $1,375
D) $1,435
Correct Answer:
Verified
Correct Answer:
Verified
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