Question

Go to any financial institution website (EXCEPT JP MORGAN CHASE) and find its latest Sources and...

Go to any financial institution website (EXCEPT JP MORGAN CHASE) and find its latest Sources and Uses of Funds Statement. How to have the sources and uses changed since March 2015.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer-

i will be considering Bank of America as a financial insitutions will be focusing on the changes after 2015 that took place in the sources and uses of funds statement.

1. Loan and leases

The loan has increased approximately $9 billion every year from 2015 due to the high demand by the the commercial clients.

2. Liabilities

The amount of liabilities on the institutions have fallen in the recent years due to increase in the number of deposits.

3. Short term borrowings

short term borrowings have decreased by 4 billion per year largerly due to short term bank notes.

4. Cash and cash growth

cash and cash have decreased by a good number, $10 billion every year due to high demand of loan in the market.

There are many more points but i have elaborated the most important of them.

Add a comment
Know the answer?
Add Answer to:
Go to any financial institution website (EXCEPT JP MORGAN CHASE) and find its latest Sources and...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT