Banking and Economics; a complete guide for learners

Banking and Economics; a complete guide for learners

Banking and Economics Economic Profit Vs Accounting Profit: Economic  profit  consists  of  revenue  minus  implicit  (opportunity)  and explicit (monetary) costs. Accounting Profit consists of revenue minus explicit costs (monetary cost). Classified loan: Any bank loan that is in danger of default is called a classified loan. Classified loans have unpaid interest  and principal outstanding  and […]

Read more