What is Fortune 500?
Fortune 500, compiled since 1955 through Fortune, includes 500 US corporations. The evaluation of these companies is based on the numbers of income associated with the previous fiscal year of each company after modifications to exclude the impact of excise taxes that companies collect. This list includes both publicly held and private companies where income is publicly available. The names of companies that are on this list tend to reflect extreme wealth and strength.
Usually the location, phone numbers and names of the CEOs are given. These companies in the Fortune 500 list are also evaluated using 12 separate indexes. These indices include income, assets, profit, capital, profit as a percentage of income and market value. The indices also include the shareholders' capital, a 10 -year growth per share, total revenues to investors during the year, and a ten -year annual Total return to investors. Society are also evaluated afterAccording to their performance in countries and up to 61 separate industrial groups.
If there are no financial reports for the company for one quarter or more, the company is not included in the Fortune 500. Also, businesses that are privately considered not to represent the financial statement of the United States are not for assessment. Even foreign corporations are not included.
originally Fortune 500 was limited to companies whose income was obtained from mining, production or energy research. In the past, there were separate Fortune 50 lists, which included 50 largest banks, public services, life insurance companies, retailers and transport companies. Now all companies have been combined to create one list.
Looking at the Fortune 500 Enables One listing to get the feeling of commercial progress of the United States as it takes place. AllowsTo better understand where the money was in the past and how the money has been flowing into the new industries over the years. The corporations that make up the Fortune 500 have a lot of power and regularly influence government policy. In fact, Fortune 500 is often considered the most successful companies.