o lose a dollar than to gain a dollar
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
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?
Expert Solution
Step 1
Business or life is all about gaining and losing, if one person will gain something the other will lose something. One should always take his financial decisions very carefully, to make sure that the decisions lead to desired results.
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