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2 years ago

Features of wealth definition 10

Business

1 answer:

Kay [80]2 years ago

5 0

<h2><em>Features of wealth :-</em> </h2>

<h3>The following are the characteristics of wealth: </h3>

<em><u>Increased stress on wealth</u></em>: This definition presented considerable value to the nature of money in the economy. According to some economists, the economic success of any country depends on the accumulation of wealth.

<h3 />

<em><u>Examining the Nature of Money:</u></em> According to this definition, economics is also divided with the investigation of the circumstances that led to the creation of wealth.
<em><u>Research on the Nature of Wealth:</u></em> According to this definition the wealth of a nation consists only of physical products.
<em><u>Economic Man: </u></em>This theory states that an economic man converges on his personal goal, that is to earn money

<h3> </h3><h2>Hope it helps.......</h2><h2>STAY SAFE, STAY HEALTHY AND BLESSED.</h2><h2>HAVE A GOOD DAY</h2><h2>THANK YOU</h2><h3>#Jennifer</h3>

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nordsb [41]

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<h3>How to determine the Bad debt expenses ?</h3>

First step is find the Required Balance using this formula

Required Balance =Accounts Receivables × Percentage of Uncollectible

Let plug in the formula

Required Balance =$345,000 × 5%

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Let plug in the formula

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Therefore we can conclude that the Bad debt expenses is the amount of $13,450.

Learn more about Bad debt expenses here: brainly.com/question/24871617

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