HOUSE_OVERSIGHT_020953.jpg

1.54 MB

Extraction Summary

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People
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Organizations
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Quotes

Document Information

Type: Presentation slides / report
File Size: 1.54 MB
Summary

This document contains two presentation slides (pages 223 and 224) from a report titled 'USA Inc. | What Might a Turnaround Expert Consider?' produced by KPCB (Kleiner Perkins Caufield & Byers). The content discusses financial methodology for analyzing the US government as a business entity ('USA Inc.'), specifically focusing on defining 'normal' income statement patterns, revenue drivers, and expense categories over a 40-year period. The document bears the Bates stamp HOUSE_OVERSIGHT_020953, indicating it was produced as part of a House Oversight Committee investigation.

Organizations (3)

Name Type Context
KPCB
Kleiner Perkins Caufield & Byers, listed in footer
USA Inc.
The entity being analyzed in the presentation (metaphor for US Government)
House Oversight Committee
Inferred from Bates stamp 'HOUSE_OVERSIGHT_020953'

Locations (1)

Location Context
USA
Subject of the financial analysis

Key Quotes (2)

"In a perfect world, the government (and its citizens) would continually review the multiple variables in the income statement of USA Inc. (in a bipartisan way) and would work hard to foster compromise, in order to optimize revenue and expenses for the long term AND the short term."
Source
HOUSE_OVERSIGHT_020953.jpg
Quote #1
"We review 40-year income statement patterns and focus on ‘average’ / ‘normal’ levels of USA Inc.’s revenue drivers"
Source
HOUSE_OVERSIGHT_020953.jpg
Quote #2

Full Extracted Text

Complete text extracted from the document (1,081 characters)

Then, Aim to Determine What ‘Normal’ Is...
• We review 40-year income statement patterns and focus on ‘average’ / ‘normal’ levels of USA Inc.’s revenue drivers (primarily related to taxes) and expense drivers (by category) as a percent of revenue, as a starting point to help define ‘average’ / ‘normal.’
• Established businesses typically determine their expense levels based on their revenue trend / outlook.
• In a perfect world, the government (and its citizens) would continually review the multiple variables in the income statement of USA Inc. (in a bipartisan way) and would work hard to foster compromise, in order to optimize revenue and expenses for the long term AND the short term.
KPCB www.kpcb.com
USA Inc. | What Might a Turnaround Expert Consider? 223
Considering USA Inc.
‘Normal’ / Average Financial Metrics / Ratios For…
1) Revenue Growth
2) Revenue Drivers as Percent of Revenue
3) Expense Growth by Category
4) Category Expenses as Percent of Expenses
KPCB www.kpcb.com
USA Inc. | What Might a Turnaround Expert Consider? 224
HOUSE_OVERSIGHT_020953

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