gross profit percent In the week ended Dec. 15, U.S. crude stocks fell 520 barrels to 438.7 million barrels, the API said, with analysts predicting a decrease of 3518,000 barrels. Cushing's crude inventories rose by 70,000 barrels. Profit is not only the same in quality, but also the essence of profit. Profit is the form of corporate profit, and is also equal in quantity. The difference in profit is that for variable capital, profit is for all costs. Once earnings into profits, therefore, the origin of profits and material production is made it is a reflection of the "(" the complete works of Marx and Engels in volume 25, page 56), and thus has the various forms of money. In capitalist society, the essence of profit is: it is the product of capital, it has nothing to do with labor. 5. Accounting earnings depend on the reasonable proportion of income and expenses during the period. Costs that are not associated with the current period should be incurred as assets to be transferred for later periods. The fund said last year that it would grow 1.1% in 2017 and then increase its forecast to 2%.