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In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period.
Debt generally refers to money owed by one party, the debtor, to a second party, the creditor.It is generally subject to repayments of principal and interest. [9] Interest is the fee charged by the creditor to the debtor, generally calculated as a percentage of the principal sum per year known as an interest rate and generally paid periodically at intervals, such as monthly.
In economics, a transaction cost is a cost incurred when making an economic trade when participating in a market. [1]The idea that transactions form the basis of economic thinking was introduced by the institutional economist John R. Commons in 1931.
More recently there have been attempts to promote land consolidation in developing countries. Approaches used include increasing the average size of farms into viable commercial units through sale or lease; consolidation to reduce fragmentation of smallholder plots; and cooperative farming, where farmers retain ownership of their land but farm it jointly.
The first modern theoretical models for soil consolidation were proposed in the 1920s by Terzaghi and Fillunger, according to two substantially different approaches. [1] The former was based on diffusion equations in eulerian notation, whereas the latter considered the local Newton’s law for both liquid and solid phases, in which main variables, such as partial pressure, porosity, local ...
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On October 7, 2023, Hamas and several other Palestinian militant groups launched coordinated armed incursions from the Gaza Strip into the Gaza Envelope of southern Israel, the first invasion of Israeli territory since the 1948 Arab–Israeli War.
Laba garlic is a vinegar-preserved garlic from Chinese cuisine. Its refined color is green or blue and its taste is sour and slightly spicy. Because it is usually made in the 8th day of the 12th month of the Chinese Lunar calendar , the Laba Festival , it was named Laba garlic. [ 1 ]