Mathematics, 21.09.2021 23:10 cferguson
A paper published in the Harvard Business Review points out a new way to calculate economic profit that could be more appropriate for service firms and other people-intensive companies. Instead of focusing on investment and return on investment, the focus is on employee productivity, both in terms of generating revenues and reducing costs. The approach is to first determine economic profit in the conventional way, except that we ignore taxes, so that economic profit is before tax, as follows:Economic profit = Operating profit − Capital chargeAssume the following information for a hotel chain that wishes to adopt the new method. The firm has $100 million in operating profit, has $1 billion in investment, and uses a cost of capital rate of 5%, so the capital charge is $50 million and the economic profit is $50 million. Relevant calculations are contained in Part 1 of the following schedule
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Mathematics, 21.06.2019 17:30, tristan4233
Noor brought 21 sheets of stickers. she gave 1/3 of a sheet to each of the 45 students at recess. she wants to give teachers 1 1/2 sheets each.
Answers: 2
Mathematics, 21.06.2019 19:30, kelseybell2707
If the ratio of sum of the first m and n terms of an ap is m2 : n2 , show that the ratio of its mth and nth terms is (2m − 1) : (2n − 1).
Answers: 1
A paper published in the Harvard Business Review points out a new way to calculate economic profit t...
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