To fill in the following tables, use a positive sign to indicate an increase occurs in the item and a negative sign to indicate a decrease occurs in the item
To fill in the following tables, use a positive sign to indicate an increase occurs in the item and a negative sign to indicate a decrease occurs in the item; if there is no changes occur in the item, leave the cell blank.
(1) You open a checking account with $100 at Wells Fargo. Update the balance sheet of Wells Fargo. (use a positive sign to indicate an increase occurs in the item and a negative sign to indicate a decrease occurs in the item; if there is no changes occur in the item, leave the cell blank.)
(2) The required reserve ratio is 10%. Wells Fargo uses all of its excess reserves to buy Treasury bills that worth $30 and make a loans that worth $60. Update the balance sheet. (use a positive sign to indicate an increase occurs in the item and a negative sign to indicate a decrease occurs in the item; if there is no changes occur in the item, leave the cell blank.)
Homework Answers
| 1 | Assets | Liabilities | ||
| Reserves | 100 | Deposits | 100 | |
| Securities | Borrowings | |||
| Loans | Capital | |||
| 2 | Assets | Liabilities | ||
| Reserves | Deposits | |||
| Securities | 30 | Borrowings | ||
| Loans | 60 | Capital | 90 | |
Add Answer to:
To fill in the following tables, use a positive sign to indicate an increase occurs in the item and a negative sign to indicate a decrease occurs in the item
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QUESTION 2:
Your bank has the following balance sheet (Unit: million). The
required reserve ratio is 10%.
To fill in the following tables, instead of using a positive or
negative sign to indicate changes in the item, you need to write
down the value for items in each cell.
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QUESTION 2:
Your bank has the following balance sheet (Unit: million). The
required reserve ratio is 10%.
To fill in the following tables, instead of using a positive or
negative sign to indicate changes in the item, you need to write
down the value for items in each cell.
(A) Update the balance sheet if there is an unexpected deposit
outflow of $50 million.
(B) How much more reserves this bank needs to meet the
requirement?
(C) Write down all...
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