Word: cashflow
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Dates: during 1955-1955
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...Cash Flow. As U.S. industry winds up a record-smashing year, economists hold out prospects for still better earnings and dividends to come. The "cashflow' of U.S. industry is enormous-money which does not show up in earnings because it is used for fast tax amortization. General Motors' cash flow in 1954 was $11.72 per share v. $0.08 reported as net profit; U.S. Steel's $8.19 against the net of $6.45. Overall for 1954 cash-flow earnings for the stocks in the Dow-Jones industrial average were more than 50% higher than reported earnings...
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