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Bad Debts
Bad debt is usually referred to as trade accounts receivable or accounts receivable that will not be collected. It is a non-recoverable amount from the person who was supposed to pay the same to the lender. The reason for bad debt may be either the debtors go bankrupt or they have financial issues
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Absolute Advantage
What is an Absolute Advantage?
Absolute advantage is one of the key macroeconomic terms, which is based on the principles of Capitalism and is often utilised i......
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