what does profitable mean Planning is so important for the success of the transaction that it is necessary to use a hypothetical example to further illustrate. In the early hours of Wednesday, crude oil inventories were down (though gasoline inventories rose), boosting U.S. oil prices, according to zero hedge, a leading financial blog. But oil inventories in the EIA fell by five weeks, while gasoline inventories rose in six weeks and oil prices were volatile. In addition, us crude oil output was at a record high. Currently, us oil is trading at $57.56. The oil was trading at $63.95, up 0.25%. The bank of England says Britain is a European banker, and the imf welcomes the progress of Brexit - and that's what happened In 1946, the famous British economist J.R. hicks, in value and capital, developed the concept of income into a general concept of economic gain. He argues that the real purpose of computing revenues is to make people aware of the amount of money they can spend without making them poorer. Accordingly, he gave a generally accepted definition of "the maximum amount of consumption that a person can spend at the end of the term, at the same level of prosperity". Hicks's definition, though primarily for personal gain, applies to businesses as well. In the case of the enterprise, according to this definition, the enterprise income can be understood as the maximum amount that can be allocated in the enterprise cost accounting period under the same amount of capital at the end of the term and the beginning of the period.