o lose a dollar than to gain a dollar
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Do you agree with this sentiment, that it is more powerful to lose a dollar than to gain a dollar? If so, do you feel this is true for only financial loss or for loss in general?
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- What is an earnings management benefit from showing an increased figure for bad debt expense?How would the transactions be reconciled if the allowance for bad debt is converted to a bad debt write off but the company is able to recoup the funds?An abnormal return occurs: Only when the actual return is lower than the expected return. Only when the actual return is higher than the expected return. Only when the market value is higher than the intrinsic value. Only when capital appreciation exceeds the expected capital appreciation. Should not be discussed because the word “abnormal” might be hurtful to someone.
- One example of moral hazard in finance industry is "insurance policies often decreases incentive to take care of possession of its customers". How should people mitigate this problem?What would happen to a country standard of living if people lost faith in the safety of the financial institutions? Explain.How can the financial markets provide liquidity for savers who hold financial instruments but are in need of money? Give a simple example.