Word: idea
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Burke added that if the idea had originated with a student instead of the hotel chain, the concession could have been independent...
...said that there was no reason why a student with an original idea for making money must work through the H.S.A. but felt that the student businessman within the H.S.A. would have the gratification of passing on his work, besides receiving advice and security. Once within the H.S.A., Burke asserted, the continuity of a successful business is assured...
...health is to inspect its net profit-its earnings after all costs, taxes, depreciation and interest charges are deducted. In turn, net profit is split into dividends and cash retained for investment. Before World War II, when expansion was comparatively small, such a breakdown gave an accurate idea of profits. But today, because of expansion, many economists, including those at the Federal Reserve Bank of Chicago, think that it gives a misleading impression...
...argues that profit reports should not be limited to cash available for dividends and retained earnings, but should also include such things as depreciation, i.e., funds set aside to help pay for new plants and replacement-in effect, profits plowed back into the business. To get a better idea of profits, the Chicago Fed uses "gross returns to capital," counts the total profit after taxes, including all depreciation, interest, retained earnings and dividends. On that basis, there is no profit squeeze. Gross profit margins have actually gone up, will total 7.6% on sales...
...from Yale ('35), worked as a $15-a-week cigar-store clerk and a cigar maker in Cuba before joining Webster Tobacco Co., where he became Eastern sales manager in 1938. After four years in the Navy during World War II, he went to Columbia University with the idea of becoming a history professor, instead joined Benson & Hedges as vice president under his father, whose company controlled Benson & Hedges, helped boost sales of Parliaments from 100 million yearly in 1946 to 2.2 billion in 1954. On Cullman's recommendation, Philip Morris invested $3,000,000 in packaging equipment...