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 the vulgar L.Dimon .It has spread its business over to a greater extent than 60 countries. closely more than 2, 00,000 employees are working in JP Morgan chase & adenine; Co. It provides many services to its clients such as investment banking, confused business and commercial banking, financial transaction processing, asset bustle and Private equity (JP Morgan track & angstrom; Co, 2009). Cost uninflected thinking of the unionAs we know, when an organization unravels in the market, it has to bear several courts. in that respect are many types of personify worry operating(a) cost, stubborn 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 O perating 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 reach 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 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 events of the company like Rent of factory building, net profit of administration staff etc. In any eggshell fixed cost is borne by the company, whether company?s sale is high or not. Fixed 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 net revenue in 2008 is little than... If you want to get a full es say, order it on our website: BestEssayCheap.com

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