Cost Analysis of JP Morgan Chase & Co.

IntroductionJP Morgan chase & antiophthalmic factor; Co., listed in NYSE is a mo kaleary service provider. It has founded in 1799. It has assets of 2.2 trillion. It?s chairman, president and CEO is phratry L.Dimon .It has spread its business over to a greater extent than 60 countries. nigh more than 2, 00,000 employees are working in JP Morgan chase & antiophthalmic factor; Co. It provides many services to its clients such as investment banking, impoverished business and commercial banking, financial transaction processing, asset fuss and Private equity (JP Morgan dock & adenylic acid; Co, 2009). Cost analytical thinking of the unionAs we know, when an organization unravels in the market, it has to bear several courts. thither are many types of exist worry direct cost, relent little cost, variant costs and so forth operating cost is the cost, which is bear to run the business. Operating cost includes Administration expenses & Selling expenses and so forth Ope rating expenses of J.P. Morgan are 75178000 and 48567000 for 2008 and 2007, respectively. The operating expenses in 2008 are approx. 1.5 of 2007?s expense but avail of 2008 is not 1.5 of 2007?s profit. It affects the company?s profitability. J. P. Morgan?s expenses in 2008 are 50% more than 2007 but profit and gross in 2008 are not 50% more than 2007 (J.P. Morgan Chase & Co, 2009).

intractable cost is the cost, which dose not depends on the deals of the company like Rent of factory building, honorarium of administration staff etc. In any deterrent example fixed cost is borne by the company, whether company?s s ale is high or not. Fixed cost is also terme! d as Non interest expenses in banks. The fixed expenses of J.P. Morgan for 2007 and 2008 are 41,703 (in millions) and 43,500 (in millions), respectively. Non-interest expenses are 1797 $ (in millions) more in 2008 but net revenue in 2008 is less than... If you want to get a full essay, order it on our website: BestEssayCheap.com

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