Business Studies, asked by sainiharvinder, 6 months ago

difference between finance or non finance or send pic​

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Answered by thankyebo12
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Answer:

On a company's balance sheet, nonfinancial assets stand in contrast to financial assets. Financial assets are based on a contractual claim rather than a physical net worth. Financial assets include stocks, bonds, and bank deposits and are generally easier to sell than nonfinancial assets.

Financial institutions, called deposit institutions, include commercial banks, savings and loan associations (S&Ls), mutual savings banks, and credit unions. Non-deposit financial institutions include insurance companies, investment companies (mutual funds), brokerage firms, credit card companies, finance companies, and “alternative” financial services such as payday lenders, pawnshops, rent-to-own businesses, and check-cashing outlets.

Finance for Non Professionals program is designed to explains key financial concepts, tools and techniques in a simple and lucid manner to help non-finance managers build and develop the much-needed financial credence into their decision making. 120 Ratings. COURSE.

Explanation:

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