Saturday, November 18, 2017

Financial Cost (3), aborted

I want to take "net interest" out of corporate profits, and compare what's left to "gross" interest paid.

If you look at National income: Domestic business: Corporate business: Compensation of employees at FRED, down near the bottom of the page they show RELEASE TABLES. Clicking the link for Table 1.14 brings up a page that identifies the hierarchy of components of "Gross Value Added of Domestic Corporate Business in Current Dollars".

The table shows that net interest is not counted in corporate profits. So then, I don't have to subtract it out.

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