Following Are the Consolidated Balance Sheets of the Chartered Banks

question 9

Essay

Following are the consolidated balance sheets of the chartered banks.Assume that the desired reserve ratio for banks is 10%.The figures in column 1 show the balance sheets' condition prior to each of the following five transactions.Place the new balance-sheet figures in the appropriate columns and complete A,B,C,D,and E for each column.Start each part (2-4)with the figures in column 1.All figures are in billions of dollars.

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