Mountain Top Savings is projecting a net liquidity deficit of $10 million next week partially as a

Question:

Mountain Top Savings is projecting a net liquidity deficit of $10 million next week partially as a result of expected quality loan demand of $32 million, necessary repayments of previous borrowings of $15 million, planned stockholder payments of $10 million, expected deposit inflows of $26 million, revenues from nondeposit service sales of $18 million, scheduled repayments of previously made customer loans of $23 million, asset sales of $10 million, other operating expenses of $15 million, and money market borrowings of $15 million. How much must Mountain Top’s expected deposit withdrawals be for the coming week?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...