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What are depository institutions?
Depository institutions: intermediaries along with an important proportion of their funds derived through customer deposits as consists of: commercial banks, credit unions and savings institutions.
Commercial banks:
It accepts deposits (liabilities) to create loans (assets) as well as to buy government securities.
Credit unions:
These are non-profit institutions mutually organised and also owned through their members (depositors).
Contractual savings institutions:
Contractual savings institutions obtain funds at periodic intervals onto a contractual basis.
given profit margin 7%, total asset turnover is 1.94, Return on equity is 23.7%, what is the debt equity ratio
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challenges your likely to face when apparising a project on the implemtation stage
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