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Topic: Subnormal profit


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In the News (Thu 16 Feb 12)

  
  Profit - Facts, Information, and Encyclopedia Reference article
Profit is a positive return made on an investment by an individual or by business operations.
Profitability refers to the amount of profit received relative to the amount invested, often measured by a rate of profit or rate of return on investment.
The social profit from a firm's activities is the normal profit plus or minus any externalities that occur in its activity.
www.startsurfing.com /encyclopedia/p/r/o/Profit.html   (812 words)

  
 Profit - KnowledgeIsFun.com   (Site not responding. Last check: 2007-10-12)
Under capitalism, profit is a positive return made on an investment by an individual or by business operations.
Under the Marxist definition it is a mechanism of class exploitation, where 'surplus value' is extracted by capitalists from their workers and suppliers beyond the point where costs are covered.
The underlying concept was first introduced by Schmalenbach, but the commercial application of the concept of adjusted economic profit was by Stern Stewart & Co. which has trade-marked their adjusted economic profit as EVA or Economic Value Added.
www.knowledgeisfun.com /P/Pr/Profit.php   (926 words)

  
 Chairman's Letter - 1990
In that case we are very likely in any given year to report either a profit of close to $100 million or a loss of well over $200 million.
The catch, though, is that "long-tail" means exactly that: Liability business written in a given year and presumed at first to have produced a combined ratio of 115 may eventually smack the insurer with 200, 300 or worse when the years have rolled by and all claims have finally been settled.
Even under the subnormal conditions of 1935, it is estimated that the new bookkeeping methods would have yielded a reported profit of close to $50 per share on the common stock.
www.berkshirehathaway.com /letters/1990.html   (13982 words)

  
 Price-Pottenger Nutrition Foundation
For example, certain foods containing organic acids, such as citrus fruits and tomatoes, which normally leave no acid residues, may be incompletely metabolized in some people and are acid-forming for these individuals.
This is quite frequently the case where stomach acid is low or thyroid activity is subnormal (5).
There are other metabolic and life style factors which affect the acidity of the body and the reactions of foods.
www.price-pottenger.org /Articles/Acid_alk_bal.html   (2693 words)

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