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. 1. Rubber tube aging A Bar Mitzvah celebrates that unique day every time a boy comes old at 13 years of age. The term Bar Mitzvah directly translates as "son of commandment", and it is whenever a boy transitions into an adult, where he is now morally and ethically solely in charge of his decisions and actions. For more information on exactly what a Bar Mitzvah signifies, and just how it's celebrated, continue reading. This week, interest rate debt in developed countries in Europe and the United States suffered a massive sell-off. Affected by this, the yield curve of government bonds has been changed to a steep and steep trend.