Calculate the required reserve ratio. (show your work) assume that pam wants to borrow money to pay for a new car from sharpeland bank. what is the maximum amount that sharpeland bank can loan out if it wants to keep all of its bonds? what is the maximum amount that the banking system can create given the balance sheet above? assume instead that michael withdraws $10,000 in cash from his checking account at sharpeland. by how much will sharpeland bank’s reserves change based on michael’s withdrawal? (be specific.) what is the immediate effect of the withdrawal on the m1 measure of the money supply? explain. as a result of the withdrawal, what is the new value of excess reserves for sharpeland bank based on the reserve requirement from part (a)?

On december 31, 2016, the decarreau, andrew, and bui partnership had the following fiscal year-end balance sheet: cash $10,000accounts receivable $20,000inventory $25,000plant assets - net $30,000loan to decarreau $18,000total assets $103,000accounts payable $14,000loan from bui $15,000decarreaua, capital (20%) $32,000andrew, capital (10%) $23,000bui, capital (70%) $19,000total liab./equity $103,000the percentages shown are the residual profit and loss sharing ratios. the partners dissolved the partnership on january 1, 2017, and began the liquidation process. during july the following events occurred: * receivables of $18,000 were collected.* all inventory was sold for $15,000.*all available cash was distributed on january 31, except for$8,000 that was set aside for contingent expenses.the book value of the partnership equity (i.e., total equity of the partners) on december 31, 2016 isa. $58,000b. $71,000c. $66,000d. $81,000