consolidated profit and loss account definition
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consolidated profit and loss account definition

7. Efficiency. The efficiency of the plan mainly refers to the time and economy. There were two opposing views of development in the 19th century. A push performance degradation is based on the second law of thermodynamics system, it argues that, due to the dissipation of energy, the world tends to be weak, the universe tends to "heat death", the structure of the retreat, disorder tend to the maximum, the whole world over time and the process of dying; Another is based on Darwin's theory of evolution of the evolution of the concept system, it points out that social evolution is the result of the increasing division of species, the evolution and increased, structure complex and orderly, and constantly reinforced by functional evolution, all nature and human society are to develop more advanced, more orderly organization structure. It is not obvious in some analyses, but it is important to note that economic profits include opportunity costs. The profit of an entrepreneur (normal profit) is usually positive, but economic profit can be either positive or negative (loss). That's why the opportunity cost is included: in a completely competitive market, when marginal cost equals marginal revenue, profit maximization or loss minimization conditions arise. If the market price is lower than the total average cost, which means that the economic profit is negative, the entrepreneur needs to compare the value of the loss and the average variable cost. If the business continues to operate, the negative economic profit must not be lower than the average variable cost, otherwise the entrepreneur would rather shut down the company than continue to take the loss. 1. Industrial age 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%. A historical experiment. In 1934, the Chrysler corporation of the United States first adopted a streamlined body design. In 1937, German design genius fernand porsche began designing cars resembling the beetle. Not only did the beetle crawl on the ground, but it also flew in the air, and its physical resistance was small. Dr Porsche maximized the merits of the beetle's appearance, making "vw" cars the representative work of streamlined cars at the time. The "golden age" of the beatles was the "golden age" of the car from the 1930s to the late 1940s. The development of automobile modeling was better aerodynamic design combined with seating comfort to be properly, in full consideration to the above two key problems, on the basis of efforts to develop new technology in the field of human body engineering, in order to design and make cars more perfect, more outstanding for the target. One day, the car cab will form a "glass cover" with beautiful curves. It is reflected in the geometry of the body, the round and the streamline. At that time, the paint of car colour will reflect soft feeling and transparent feeling in the bright-coloured, so will be more pleasing to the eye. In the American society of automotive engineers standards SAEJ 687 c for automobile is defined as: power driven by itself, with a driving device, can in a fixed orbit outside the road or on regional transport passenger and cargo or vehicle traction vehicles. Cars are divided into bicycles and trains according to the overall structure. Cycling is a basic form. 4 x 2, 6 x 4, 4 x 4 and 6 x 6 are used to represent the driving characteristics. The previous number represents the total number of wheels (double tire and still count a wheel), and the latter number indicates the number of driving wheels. If all wheels are driven wheels are called all-wheel drive vehicles. The train is made up of a tractor or a bicycle trailer or semi-trailer. Car generally can be divided into the following categories, according to the use cars, buses, freight cars (commonly known as the truck), off-road vehicle, traction motor, dump truck, special vehicles, semi-trailer and special semi-trailer.