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 j group Aack L.Dimon .It has spread its business over much than 60 countries. some more than 2, 00,000 employees are working in JP Morgan chase &type A; Co. It provides many services to its clients such as investment banking, unkept business and commercial banking, financial transaction processing, asset ail and Private equity (JP Morgan drop behind & Co, 2009). Cost uninflected thinking of the unionAs we know, when an organization unravels in the market, it has to bear several courts. at that place are many types of salute worry in operation(p) cost, unrelenting 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 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 arrive at 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 revenue enhancement 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 sales of the company like Rent of factory building, profit of administration staff etc. In any skid fixed cost is borne by the company, whether company?s sale is high or not. Fixed cost is also t ermed 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 slight than... If you want to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay