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Question
Securities firms have equity ratios that are lower than those for commercial banks because their balance sheets contain a larger portion of
A. illiquid assets.
B. current liabilities.
C. long term liabilities.
D. fixed assets.
E. liquid assets.
Answer
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Related questions
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A. separated commercial banking from insurance activities.
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A. has publicly-traded common stock.
B. provides equity funds to companies that already have publicly traded common stock.
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