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The Choice of the Proper Profit Objective
The Choice of the Proper Profit Objective The author, noting the inadequacy of traditional ‘rules of ... current value, the profit objective can be expressed as maximizing ‘the present value of book profits ...- Authors: Robert L Collett, Vincent Granieri, Claude Y Paquin, Harry Ploss, Bradley M Smith, Donald R Sondergeld, James P Walsh
- Date: Oct 1983
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Publication Name: Transactions of the SOA
- Topics: Finance & Investments>Capital management - Finance & Investments
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Profitability as a Return on Total Capital
Return on Total Capital In this paper the author develops techniques for measuring GAAP return on total ... capital by line of business, where total capital includes “benchmark surplus,” the amount of statutory surplus ...- Authors: Henry B Ramsey, Donald R Sondergeld
- Date: Oct 1982
- Competency: External Forces & Industry Knowledge
- Publication Name: Transactions of the SOA
- Topics: Finance & Investments>Capital management - Finance & Investments