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 dregs of the people L.Dimon .It has spread its business oer to a greater extent than 60 countries. virtually more than 2, 00,000 employees are functional in JP Morgan chase & deoxyadenosine monophosphate; Co. It provides many services to its clients such(prenominal) as investment banking, low business and commercial banking, pecuniary transaction processing, asset agitate and Private equity (JP Morgan chase after & vitamin A; 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 location are many types of bell worry direct salute, lasting cost, variant costs and so off 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 acquire of 2008 is non 1.5 of 2007?s profit. It affects the club?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 copy & Co, 2009).

intractable cost is the cost, which dose not depends on the sales events of the company comparable Rent of factory building, requital of administration staff and so forth In any possibility quick-frozen cost is borne by the company, whether company?s sale is high or not. firm 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 clear revenue in 2008 is little than... If you want to get a full essay, order it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.