PLEASE HELP I ONLY HAVE 1 HOUR. B (i) From the Sources and Uses of Funds Statement in exhibit 1, calculate the estimatedchanges in loans and deposits from month-to-month, as well as estimated liquidityneeds.(ii) Given the information in Exhibit 11.2, calculate the bank's ratio of estimatedliquidity sources to liquidity needs. Is there a possibility that the bank will have aliquidity problem at some time in the coming months?Exhibit 1Sources and Uses of Funds StatementEstimatedEstimatedEnd of MonthTotal LoansTotal Deposits$180,000190,000210,000240,000200,000180,000170,000JuneJulyAugustSeptemberOctober$190,000180,000190,000200,000210,000200,000190,000NovemberDecemberExhibit 2Estimated Sources of LiquidityEstimatedEstimatedEnd of MonthAsset LiquiditySources of Liabilities$ 5,00010,0005,0003,0005,00010,00010,000JuneJulyAugustSeptemberOctober$3,0004,0004,0003,0002,0003,0004,000NovemberDecember

Liquidity sources refer to the mediums of generating money or liquid cash such as cash or cash…

Given the information in Exhibit 11.2, calculate the bank's dity sources to liquidity needs. Is there a possibility that th dity problem at some time in the coming months? Exhibit I Sources and Uses of Funds Statement Estimated

Given the information in Exhibit 11.2, calculate the bank's dity sources to liquidity needs. Is there a possibility that th dity problem at some time in the coming months? Exhibit I Sources and Uses of Funds Statement Estimated

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter12: The Statement Of Cash Flows

Section: Chapter Questions

Problem 12.20MCE

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Which of the following is considered cash for financial reporting purposes? a. Accounts receivable.b. Investments with maturity dates greater than three months.c. Checks received from customers.d. Accounts payable.
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