The plainbank has 27 million in cash and equivalents 45, Financial Management

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The plainbank has 27 million in cash and equivalents 45

The Plainbank has $27 million in cash and equivalents, $45 million in loans, and $30 million in core deposits.

a. Calculate the financing gap. (Enter your answer in millions.)

Financing gap $ million

b. Calculate the financing requirement. (Enter your answer in millions.)

Financing requirement $ million

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Financial Management: The plainbank has 27 million in cash and equivalents 45

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Financial Management: The plainbank has 27 million in cash and equivalents 45

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