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"If you had half a percentage point of total assets under management with one firm, that is more typical," he said.
The amount of total assets of the institution.
These industries are asset-heavy, with PP&E making up more than 30% of total assets.
Assets is the logarithm of total assets.
That was 4.3% of total assets.
Education (25% of total assets, 22% of total revenues).
Recreation (34% of total assets, 27% of total revenues).
SIZE = Natural logarithm of total assets.
Entertainment (30% of total assets, 50% of total revenues).
Net assets is book value of total assets minus cash and short-term investment.
Size (SIZE): we use the natural logarithm of total assets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com