A Business Simulation Model of Conventional Firms

Ali Anari () and James W. Kolari ()
Additional contact information
Ali Anari: Texas A&M University
James W. Kolari: Texas A&M University

Chapter Chapter 2 in Excel-Based Business Analysis, 2012, pp 5-10 from Springer

Abstract: Abstract This chapter discusses an accounting approach for the derivation of our business model FIRM from the concepts of profit rate and profit margin. Equations for fundamental business variables are presented, including sales, assets, total costs, total profit, profit rate, and profit margin. A system equations approach is discussed for estimating these equations by means of regression methods for the purposes of business analyses and simulations.

Keywords: Regression equations; System equation approach; Sales equation; Profit rate equation; Capital stocks equation; Profit margin equation (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:spbrcp:978-1-4614-2050-7_2

Ordering information: This item can be ordered from
http://www.springer.com/9781461420507

DOI: 10.1007/978-1-4614-2050-7_2

Access Statistics for this chapter

More chapters in SpringerBriefs in Business from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().