Question
Given the following sources and uses of funds table, answer the following questions 1- What are the changes in total deposits in April, May, and
Given the following sources and uses of funds table, answer the following questions
1- What are the changes in total deposits in April, May, and June respectively? *
-50,000; 30,000; 40,000
-50,000; 20,000; 15,000
25,000; 30,000; 40,000
25,000; 20,000; 15,000
None of the above
2- What are the changes in total loans in April, May, and July respectively? *
-50,000; 10,000; 20,000
-10,000; 20,000; 15,000
30,000; 60,000; -20,000
25,000; 60,000; -20,000
None of the above
3- What are the estimated liquidity needs in April, June, and July respectively? *
50,000; 10000; 20,000
-10,000; 20,000; 15,000
30,000; 60,000; -20,000
80,000; -70,000; -50,000
None of the above
4- In which months does the bank has a surplus (Excess) of liquidity *
June and July
May and June
April and July
May and April
None of the above
End of Month March April May June July Estimated Total Loans $ 130,000 $ 160,000 $ 220,000 $ 190,000 $ 170,000 Estimated Total Deposits $ 170,000 $ 120,000 $ 150,000 $ 190,000 $ 220,000Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started