definition economic profit
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definition economic profit

In economic terms, the benefits of holding any two currencies should be equal in the equilibrium of the foreign exchange market, which is: Ri=Rj (interest rate parity). Here, R stands for yield, and I and j represent currencies of different countries. If the benefits of holding two currencies are unequal, you will have A arbitrage: buy A kind of foreign exchange and sell B foreign exchange. The response to multifactor values is rigid. Rigid instinct (also called the unconditioned reflex) refers to several different tropism in a certain direction organically to form a complete reflex arc reaction mode, it is congenital formation of lower animals, to determine the external stimulation produced by the reaction of the relatively fixed form. Rigid instincts are organisms after a long period of natural selection, gradually formed the low passively adapt to the environment of a kind of way of life, it is born, determined by the genetic factors, to appear without the need for training the day after tomorrow. For example, mechanical stimulation of the coelenterates and arthropods; The newborn's grip reflex, sucking reflex and adult knee jerk reflex, scratching reflex, etc. Instinct is the development form of tropism, rigidity of compound stimuli from a specific things comprehensive response, it makes the organism and the external environment to produce a higher level of coherence, formation of more advanced orderly structure. Anyway, rigid instinct is lower biological things outside of the value of multiple factors is the primary way of ordering reaction, is on the tropism, extension, and the synthesis, make tropism has more purposeful, tropism is get distillation. When bank of America merrill lynch survey of investors results also showed that as many as 8% of the respondents expected net amount, 2018 of the yield curve will become flat, it is up to the number of records since June last year. At present, there are 89, 92, 95 and other labels on the market, which represent the octane value of gasoline, which means the anti-detonation of gasoline, which has nothing to do with the cleaning of gasoline. The so-called "high label gasoline is cleaner" is misleading. It is more scientific, more economical, and can give full play to the engine's efficiency according to the engine compression ratio or the requirement of the automobile instruction manual. It is also worth noting that in 1985, the financial accounting standards board released the concept of income from the concept framework (SFAC)NO. 6. In 1989, the international accounting standards board's framework for preparing and providing financial statements made clear that benefits also included unrealized gains. In 1997, FASB's FASB N0.130 required a full return; In 1998, IASC's IAS NO.1 required the preparation of an equity change table, a comprehensive income statement, including the benefit of reflecting corporate assets. (3) according to the state administration of taxation on implementing the < enterprise accounting system > need clear notice on the problem of income tax (no. 45 (2003) of the state administration of taxation), specified in article 3 of the enterprises have been extracted impairment, price or the assets of the provision for bad debts, if the ready to declare the modulated taxable income, transfer related to the disposal of related assets and written off, should be allowed to make the opposite pay taxes is adjusted. Therefore, the enterprise liquidation or transfer unit (or a subsidiary of independent accounting) all of the equity, be liquidated or transfer of enterprise should according to the past has sterilized and increase taxable income of the provision for bad debts such as the amount of asset impairment provision, the corresponding scale down taxable income, increase the undistributed profit, assignor (or investor) share the right