First National Bank Assets Liabilities and Owners' Equity Reserves $1,800 Deposits $16,000 Loans $9,000 Debt $1000 Short-term securities $7,000 Capital (owners' equity) $800 If the market value of Short-term securities fall to $6,800. Then the percentage change of the leverage ratio is: a. 31.83% b. 29.33% C. -29.33% d. -31.83% е. 200$ f. -200$ g. There is not enough information to find the answer a d. OOOOO

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter16: Financial Planning And Control
Section: Chapter Questions
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QUESTION 20
First National Bank
Assets
Liabilities and Owners' Equity
Reserves
$1,800 Deposits
$16,000
Loans
$9,000 Debt
$1000
Short-term securities
$7,000 Capital (owners' equity)
$800
If the market value of Short-term securities fall to $6,800. Then the percentage change of the leverage ratio is:
a. 31.83%
b. 29.33%
C. -29.33%
d. -31.83%
e. 200$
f.-200$
g. There is not enough information to find the answer
a
e
f
OOO O
Transcribed Image Text:QUESTION 20 First National Bank Assets Liabilities and Owners' Equity Reserves $1,800 Deposits $16,000 Loans $9,000 Debt $1000 Short-term securities $7,000 Capital (owners' equity) $800 If the market value of Short-term securities fall to $6,800. Then the percentage change of the leverage ratio is: a. 31.83% b. 29.33% C. -29.33% d. -31.83% e. 200$ f.-200$ g. There is not enough information to find the answer a e f OOO O
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