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Exhibit 14-1
Exhibit 14-1 -Refer to Exhibit 14-1

question 136

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Exhibit 14-1
Exhibit 14-1
EUBANKAssets Liabilities and Net Worth  Deposits at the Fed $40,000Checkable deposits $500,000 Cash $10,000Net Worth $20,000 Loans $300,000 Securities $150,000 Fed Stock $20,000\begin{array}{llll}&&\text {EUBANK}\\\text {Assets }&&\text {Liabilities and Net Worth }\\\hline\text { Deposits at the Fed } & \$ 40,000 &\text {Checkable deposits }&\$500,000\\\text { Cash } & \$ 10,000 &\text {Net Worth }&\$20,000\\\text { Loans } & \$ 300,000 \\\text { Securities } & \$ 150,000 \\\text { Fed Stock } & \$ 20,000\end{array}
-Refer to Exhibit 14-1.If Eubank is holding no excess reserves,what must the required reserve ratio be?

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