How much must hillpeak expected deposit withdrawals be

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Qusetion: Hillpeak Savings is projecting a net liquidity surplus of $2 million next week partially as result of expected quality loan demand of $24 million, necessary repayments of previous borrowings of $15 million, disbursements to cover operating expenses of $18 million, planned stockholder dividend payments of $5 million, expected deposit inflows of $26 million, revenues from non deposit service sales of $18 million, scheduled repayments of previously made customer loans of $23 million, asset sales of $10 million, and money market borrowings of $11 million. How much must Hillpeak's expected deposit withdrawals be for the coming week?

Reference no: EM131717861

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