Essays on Profit

The most purely variable cost of all, these are the raw materials that go into a product. Piece rate labor. This is the amount paid to workers for every unit completed (note: direct labor is frequently not a variable cost, since a minimum number of people are needed to staff the production area; this makes…

                       There has been a mixed reaction by the public on the exact roles played by non profit organizations in the society in terms of the contribution they make to the general public and also to other organization alike. Virginia A. Hodgkinson and Michael W. Foley in their book “The Civil Society Reader” seeks to…

Cost Volume Net Income Analysis Table of Contents Introduction CVP analysis and determination devising Relationship between grosss, costs, net incomes and volume Fixed vs. variable costs Break even analysis: Margin of safety 1.Non- Linear CVP analysis: 2.Linear CVP analysis: Operating Leverage Income Tax benefits: Future prediction Preparation of Budgets: Cost Control: Monetary value Determination: Net…

Profit maximization is when a firm’s primary objective is to make the most amount of profit possible when trading within its market .The traditional theory of the firm is based on the assumption of short-run profit maximization (Sloman, 2004). But there is an alternative theory which assumes that managers aim to shift cost and revenue…

Profit can be defined as the difference between revenue earned from selling a product and the cost of producing that product. In economics, the excess of revenue over costs is called “pure profit” or “economic profit”. Symbolically, P=R-C (where P denotes profits, R denotes revenue and C denotes Cost). When the difference between R and…

In this report we are comparing two of the biggest clothing companies H&M and INDITEX by using profitability ratios for making a financial statement analysis. We will state opinions in regard to the previously analyzed figures and comment on them. The overall profitability (ROI) is 23,01% in 2011 and 24,18% in 2012. So the ROI…

Marginal revenue refers to the extra income that is obtained following selling of one more unit of a commodity (McEachern, 2009). It can also be said to be the ratio of change in total revenue to change in number of units which have been sold (McEachern, 2009). It is related to the total revenue in…

Despite the challenging financial circumstances, Delta Airlines distinguished itself by ensuring competitive salaries and job security for its employees, unlike other airlines that resorted to layoffs and bankruptcy filings. However, this practice was not consistently maintained during Ronald Allen’s tenure as CEO from 1987 to 1997. Specifically, in 1993 and 1994, human relations suffered significantly…

Not-for-profit organisation as stated is an organisation whose primary aim is to back up an issue or affair of private involvement or public concern for non-commercial intents, without the ideas of doing pecuniary net income. Non-for-profit organisations are normally brought in by protagonists or givers who are affluent plenty to fund their organisation and are…

Assess the extent to which incumbents have an advantage over challengers in congressional elections A common source of debate in American Politics revolves around the existence of Incumbency Advantage. Congressional elections take place every six years in the Senate and every two years in the house, which leads to the question; does already holding office…