The following balance sheet is for the First Edmonton Bank.All figures are in millions.

-Refer to the above information.If this bank finds that it has excess reserves of $6,the desired ratio must be:

Question

The following balance sheet is for the First Edmonton Bank.All figures are in millions.
 
-Refer to the above information.If this bank finds that it has excess reserves of $6,the desired ratio must be:

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The Answer of The following balance sheet is for the First Edmonton Bank.All figures are in millions.
 
-Refer to the above information.If this bank finds that it has excess reserves of $6,the desired ratio must be:

The Following Balance Sheet Is for the First Edmonton Bank