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The Following Table Shows Free Donut Bank's Balance Sheet

question 54

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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.
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 is the amount of Free Donut Bank's cash equivalents? A)  $110 B)  $175 C)  $245 D)  $310
-Refer to the table above.What is the amount of Free Donut Bank's cash equivalents?


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