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 heap L.Dimon .It has spread its business everywhere more(prenominal) than than 60 countries. or so more than 2, 00,000 employees are works in JP Morgan chase & vitamin A; Co. It provides many services to its clients much(prenominal) as investment banking, blue business and commercial banking, pecuniary transaction processing, asset concern and Private equity (JP Morgan pursue & Co, 2009). Cost analytic thinking of the unionAs we know, when an organization unravels in the market, it has to bear several courts. thither are many types of follow worry direct comprise, dour apostrophize, variant costs and so fore operating cost is the cost, which is bear to run the business. direct cost includes Administration expenses & Selling expenses and so forth Operating 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 cyberspace of 2008 is non 1.5 of 2007?s profit. It affects the order?s profitability. J. P. Morgan?s expenses in 2008 are 50% more than 2007 but profit and tax revenue in 2008 are not 50% more than 2007 (J.P. Morgan chase after & Co, 2009).

intractable cost is the cost, which dose not depends on the exchanges of the company deal Rent of factory building, allowance of administration staff etcetera In any slickness situated cost is borne by the company, whether company?s sale is high or not. stubborn cost is also termed 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 shekels revenue in 2008 is little than... If you want to get a full essay, order it on our website: Ordercustompaper.com

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