Which of the Following Is Most Likely to Be Described

question 1

Multiple Choice

Which of the following is most likely to be described as a depository institution?

• A)finance companies
• B)securities firms
• C)credit unions
• D)pension funds
• E)insurance companies

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Definitions:

Ratio

A quantitative relation between two amounts showing the number of times one value contains or is contained within the other.

Liabilities

Financial obligations a company owes to outside parties, such as loans, accounts payable, and bonds payable.

Stockholders' Equity

The portion of a company's capital that comes from the investment of its shareholders, represented by the shares issued to them.

Profitability

The degree to which a company or business activity makes a profit, typically measured over a specific period of time.