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Before the Great Depression, many U.S. banks operated as universal banks.
Fixed Assets
Fixed Assets are long-term tangible assets that a company uses in its operations and which are not expected to be consumed or converted into cash within a year.
Working Capital
A firm’s investment in short-term assets—cash, marketable securities, inventory, and accounts receivable.
MVA
Market Value Added, a measure of a company's financial performance representing the difference between the market value of a firm and the capital contributed by investors.
Market Value Added
A calculation that shows the difference between the market value of a company and the capital contributed by investors.
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