importance of profit maximization
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importance of profit maximization

6. The accounting benefit is bound by the prudent principle. According to the principle of prudence, when there are a variety of accounting methods to choose from an economic business of an enterprise, it should choose a method that neither overestimates nor depreciates the benefits. Enterprises manipulate profits to achieve homogenization of profits, most of which adopt the method of overestimating earnings, and the subjective selection of the period of value-added. Accounting earnings include only realized gains, and exclude unrealized gains and losses, the economic benefits will be enterprise's operating earnings and are favorable to the same treatment, regardless of whether they have been implemented. Thus, in general, accounting gains are less than economic gains, and the difference is mainly in the interest. Then the interest rate theory of the loan is the interest rate theory of neoclassical school, which is proposed to correct Keynes's theory of "liquidity preference". In some ways, the theory of interest rate can be regarded as a synthesis of classical interest rate theory and Keynesian theory. Are you thinking of starting your personal business, but worried about the charge? A smart move that may save entrepreneurs money using the latest technology is working virtually-from the comfort of your home. When you think of starting your own personal home based business, first thing visit your mind will be save your time and cash while spending lots of free time with the family along with the flexibility of creating your individual schedule. In New York, the U.S. energy information administration (EIA) released data showing U.S. crude inventories fell by 649.5 million barrels a day in the week ended Dec. 15, beating expectations. Gasoline stocks rose by 12.37 million barrels, but the increase was less than expected. The Christmas season is a time that you will certainly wish to spend with your family and friends. It is not even the sharing of gifts that matters, while you cannot discount the wide smiles it brings. It is the presence of folks you worry about when you celebrate the season?s highlight, Christmas Eve. You should be prepared with some activities that can carry on the fun in mid-air and prevent what every party host fears most, that's boredom. One of the wonderful activities you can do is to possess everyone sing in unison all the Christmas songs they know.